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Final Trade: PFE, SNV, PLTR & VLO
CNBC Television· 2025-08-05 22:18
Time now for the final trade. Go around the horn. Tim, get us started.Mike, great having you today. And boy, a big smile on your face despite what's going on in the Bronx these days. Fizer.Visor also some great stuff. >> Also, thanks to Mike uh Senovas and Go Liberty, >> Dan. Go Liberty.Uh Palanteer. Last time it was this far away from its 200 day moving average and the RSI was here, the stock spent the next month and a half going down 40%. >> Guy, >> I think you're the hardest working individual at CNBC.We ...
Voyager Technologies CEO reacts to stock falling after first post-IPO earnings report
CNBC Television· 2025-08-05 22:11
Welcome back to Fast Money. Shares of Voyager Technologies tumbling almost 15% today. The defense and space company last night giving its first earnings report since its June IPO.Voyager reporting a wider loss in the second quarter than a year ago. Revenue did rise 25%. Shares of Voyager rocketed 82% on its first day of trade, but they've given back a lot of those gains.The stock now up just 10% from its offer price. Now for more on the earnings and the outlook, let's bring in Voyager Technologies chairman ...
The Fed is locked into a September rate cut amid the weak jobs report, says One Point BFG's Boockvar
CNBC Television· 2025-08-05 21:39
Bank of America CEO Brian Moyahan says he does does not expect a recession despite today's disappointing ISM data. Take a listen to what he said. >> Our economists believe there'll be no recession.They believe the econ the economy in the US will go about 1 one and a half% this year. They believe that the Fed will not cut rates because inflation will take longer to get down. >> That the Fed will not cut rates >> during 25.They'll cut them at 26. And that they've been on that for a long time. And they believe ...
'Fast Money' traders weigh in on if there's signs of stagflation in the economy
CNBC Television· 2025-08-05 21:29
guy, you know, look, the market showed a little sensitivity to this, right. You got a little bit of a whoosh down after the numbers. Banks actually took it on the chin.Mostly came back though. So, h how do you put it in context. The stagflation part I think is really important.I think it was about 13 or so months ago, maybe 14, almost to the day when Jerome Pal when asked about stagflation, he said, trying to be clever, I see neither the stag nor the inflation. And quite frankly, we have both now. And the f ...
Rivian CEO: Trade policy on heavy earth metals had a significant impact on production volume
CNBC Television· 2025-08-05 21:15
John, thank you very much. This is a wider thanex expected loss for the second quarter for Rivian. The company losing 80 cents a share. The street was expecting a loss of 65 cents a share.Revenue roughly in line with expectations coming in at $1.3% billion. The company after two straight quarters of a gross profit swung to a negative a gross loss if you will, $26 million in the second quarter. No change in the fullear delivery guidance.still expecting to deliver between 40 and 46,000 vehicles, but it is wid ...
Bank of America CEO responds to Trump accusation that he was rejected as a customer
CNBC Television· 2025-08-05 21:15
So, I I got up early because we're on East Coast time. I was I was working out and I was watching your wonderful show and he came on and I'm telling you, I'm still trying to unsee some of the visuals that he created with his commentary. But look, the president's after the right thing, which is the laws, rules, and regulations around our industry became used to cause things to happen.It's whether it's BSL, whether it's KYC, whether it's reputational risk. going to hear Tim Scott quote about it. It is right t ...
Zoetis CEO: It's unclear if animal health will be a part of pharmaceutical tariffs
CNBC Television· 2025-08-05 21:14
Welcome back. This morning we got second quarter results from Zoetas which showed the company beating estimates raising its guidance. The stock did close lower on weakness from Labrella.This is its osteoarthritis medication for dogs. But joining us now on set for an exclusive interview is Zoetta CEO Kristen Pat. Kristen, it's great to have you on.And it was it was a beat and raised quarter and yet shares were under pressure. I guess just walk me through what you're seeing with Labrella as that seems to be w ...
Fmr. Treasury Sec. Mnuchin on tariffs: Some businesses 'will be winners and some will be losers'
CNBC Television· 2025-08-05 21:00
There there was a big correction in the market after liberation day which were much much higher levels and quite concerning uh across the board and there was some question as to whether they were going to be to negotiate or not. Um right now the market is is looking at some certainty and some uncertainty. Um clearly the market's driven right now by a lot of AI spending a lot of capex in technology.This is all very very good things for the US economy on trade. I think it's going to take time to see how these ...
Anduril co-founder Trae Stephens: No immediate plans to IPO
CNBC Television· 2025-08-05 21:00
Welcome back to Overtime. Another win for the up andcoming defense tech sector today as Andre announced it is now the third supplier of solid rocket motors for the United States. Joining L3 Harris and North of Grumman, Andrew opening a full rate manufacturing facility in Mississippi, aiming to to produce 6,000 tactical motors by the end of 2026.Per year by the end of 2026. Joining us now for an exclusive interview is Trey Stevens, Andrew co-founder and executive chairman and a partner at Founders Fund. Trey ...
Hinge Health CEO on Q2 earnings since IPO, AI usage and growth
CNBC Television· 2025-08-05 20:53
Welcome back to Overtime. Hinge Health moving up by about 8%. The company did beat on revenue uh and gross margin during its first quarter as a publicly traded company.Also guided higher as well. Joining us now in a CNBC exclusive is Hinge Health CEO and co-founder Daniel Perez. Daniel, first report as a public company, uh revenue up 55% with the street expected 40.You're guiding to 41% growth in revenue at the midpoint, well above what the street expected. non-GAAP gross margin at 83% was better than the m ...