Meanwhile, President Trump vowing big tariffs on computer chips unless companies manufacture them in the United States. CNBC's Megan Cassella is live in Washington with that. Megan, good morning.>> Hey, Melissa. Good morning. So, really for the first time, the president offering us last night a preview of just how high he's looking to lift those tariffs on all imports of semiconductors as soon as sometime this month.Take a listen. We'll be putting a tariff on of approximately 100% on chips and semiconductor ...

Today's top story, President Trump's reciprocal tariffs taking effect at midnight. Investors continue to talk about the potential impact on inflation and the broader markets. Here's what famed value investor Melody Hobson Hod Hobson, excuse me, told Andrew in Aspen.I think the market has walked a lot off and I think that that's in the hopes of this all uh being rational at some point and taking care of itself. And I think AI has obviously been like rocket fuel in this market and that's helped a lot. Do you ...

IPO Market & Capital Markets - The IPO market is showing new signs of life and is starting to reopen in a healthy manner [1][2] - July saw 10 IPOs totaling $43 billion (430 亿 美元), with strong average performance [2] - There is a backlog of 150 IPOs, with companies showing investable attributes [4] - Capital markets are generally reopening [2] Macroeconomic Environment - The market is transitioning from a predictable, volatile environment to an opportunistic, volatile environment [5] - Corporations and investors are taking advantage of moments of reprieve to deploy capital [5][6] - The focus is shifting to deregulation and tax cuts to grow the economy [5] Generative AI & Technology - Value is accruing to gen AI users, not just enablers [7] - Mag-7 earnings transcripts indicate gen AI is adding top-line revenue contributions and EBITDA efficiencies [7] - The discussion is shifting to growth metrics and the durability of growth, especially in the current earnings cycle [8] - Companies are using metrics to quantify the return on invested capital and the generative AI contribution to top line or margin efficiency [9] Market Outlook - The current earnings season is robust, with approximately 80% of companies reporting a meet or beat on top line [10] - Despite mixed economic data, the market continues to push through [10] - The tech and growth sectors are entering an exciting time for dealmaking and the broader market [11]

Stock Recommendations & Analysis - Salesforce (CRM): The analyst is hesitant to recommend Salesforce due to the current downturn in enterprise software companies and prefers to wait for the next quarter's results [2] - ARKO: The analyst views ARKO favorably, particularly its nuclear power strategy, considering it a potentially good buy at a $12 billion valuation, but advises caution due to its significant 290% increase [3] - Quantumscape: The analyst expresses a negative view on Quantumscape, citing concerns about the company's continued losses [4] - Melio (n I o): The analyst suggests avoiding Melio, believing there are better investment opportunities available and that the market is currently oversaturated [5] - Riot: The analyst considers Riot too risky [6] - Advanced Micro Devices (AMD): The analyst views the pullback in AMD's stock as a buying opportunity, expressing confidence in Lisa Su's leadership and the company's prospects [8] - Nvidia Competitor (My 400): The analyst recommends buying shares of AMD, suggesting there is room for both AMD and Nvidia to succeed in the market [9] - Intuitive Surgical (ISRG): The analyst likes Intuitive Surgical as a company but is hesitant to strongly recommend buying due to its recent stock performance, suggesting a small purchase is acceptable [10][11] General Market Sentiment - The analyst acknowledges the difficulty in providing definitive stock recommendations in the current market conditions [2] - The analyst emphasizes a preference for companies that are not consistently losing money [4]

Financial Performance - DraftKings reports an impressive quarter with revenue growth accelerating to 37% and better-than-expected earnings [1] - The company achieved a record adjusted EBITDA quarter, more than double its previous highest [4] - DraftKings sees revenue near the high end of its guidance range [2] - The company's revenue exceeded $300 million for the first time [5] Business Growth & Strategy - DraftKings is experiencing growth and is starting to make real profit [6] - The company has an increase in year-over-year players and spend per player [7] - DraftKings views daily fantasy as clearly legal under California law and will work with regulators [15] - DraftKings is working with congressional members to address gambling tax implications [17] Market Dynamics & Future Outlook - The Eagles are the second most bet-on team, just behind the Lions [8] - Someone placed a $25,000 bet on the Raiders to win the Super Bowl with a $25 million payout [9] - The industry anticipates that most states will eventually legalize sports betting [19][21]

How about this uh OBBBA, you know, the beautiful bill uh gambling tax implications where it's possible that uh because they changed the law. We had a piece on this. Uh it it's possible you could end up paying tax on when when you haven't made money.That doesn't seem right. >> Yeah, it's a very strange change, but you know, my understanding it was done as part of a technicality in order to follow the bird rule, which is about as far as my expertise here goes. But I don't think that there was really a total u ...

Hey, I'm Kramer. Welcome to Bad Money. Welcome to Kramer.How do my friends. I'm just trying to make you a little money. My job is not just entertain but to educate to teach you.So call me at 1800 743 CBC. Tweet me Jim Kramer. This market is driving the best investors I know crazy and I know why.Incredibly expensive stocks that shouldn't go up go up endlessly. While stocks of perfectly good companies are completely ignored or worse even when they report good numbers well they go lower. Stocks that are heavil ...

This market is driving the best investors I know crazy. And I know why. Incredibly expensive stocks that shouldn't go up go up endlessly.While stocks of perfectly good companies are completely ignored or worse, even when they report good numbers, well, they go lower. Stocks that are heavily shorted just steamroll the short sellers like an M1 Abrams tank on the most remotely positive news story. Stocks of companies that go down after news are avoided like the bubanic plague.Unless of course they are praised ...

Airbnb's Performance & Outlook - Airbnb's Q2 earnings showed a double beat, but the stock reversed course during the earnings call [1] - Investors are concerned about Airbnb's growth trajectory due to a cautious Q3 outlook for both revenue and adjusted EBITDA [2] - Airbnb faces tough comparisons, especially against strong performance from rival Booking Holdings [2] Travel Industry & Consumer Demand - Lyft shares were down as much as 14% after missing on revenue for the quarter [2] - Lyft's CEO indicated they are focusing on partnerships for its autonomous vehicle strategy [3] - The travel industry prints from Uber and Lyft suggest investors are jittery about the health of the consumer and travel demand [3] Competitive Landscape - The intense rivalry between Lyft and Uber continues to be a key factor [2] - Uber's CEO stated that Uber is not seeing weakness in the consumer [3] - Lyft's numbers indicated weakening US travel demand [3]

Again, let's start with Airbnb. Those shares moving higher, up about 2% in the after hours after beating on the top and bottom line. EPS coming in at a$13 cents ahead of the 93 cents expected.Revenue also a slight beat, 3.1% billion against the 3.04% billion street estimate thanks to solid growth in nightst. Now, gross booking value, which reflects what hosts are earning, that was a standout at 23.5% billion, beating expectations of 22.7% billion. Nights booked on Airbnb accelerated from April to July.And t ...