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Final Trade: UPS, DELL, SNAP, BA
CNBC Television· 2025-12-18 23:23
Well, UPS >> Karen. >> Yes. Sold my Dell puts that expired tomorrow.I have to say happy birthday [music] to Bill Platt. Not today, but tomorrow. Happy birthday to you, Bill. And happy birthday to guy again.Of course, [music] >> I'm going with Bill Platt. Happy birthday. Um, buying weakness is snap.>> See, >> all stocks do not have to be sexy. Boeing. And happy birthday to the [music] sexy guy. ...
Mizuho's Jared Holz talks Insmed sinking double digits on sinus drug trial news
CNBC Television· 2025-12-18 23:09
and dropping 16% for its worst day since May of 2021. The company discontinuing development of its drug to treat a type of chronic sanitis after it failed to meet primary and secondary end points in trial. That drug had been cleared by the FDA to treat a serious chronic lung disease in August of this year.Even with today's move in shares are up 141% year to date. It's still among the most valuable biotech stocks with a market cap of more than $ 35 billion. For more, Missouo healthcare strategist Jared Holes ...
Trulieve CEO Kim Rivers reacts to marijuana being reclassified
CNBC Television· 2025-12-18 23:09
impact. Let's bring in Kim Rivery of True Leave. She was at the signing this afternoon.Kim, great to have you with us. >> Thanks so much for having me. How much does this actually help your company and how much of it is symbolic.>> Well, I mean, first of all, the fact that President Trump had the first uh meaningful cannabis policy reform action since cannabis was scheduled back in the 70s. I would say it's a pretty it's a pretty monumental day. Um like you said in the intro, it does two things.It first of ...
November CPI 'didn't satisfy us', says market researcher Jim Bianco
CNBC Television· 2025-12-18 22:59
for the potential market impact here at home. Let's bring in market forecaster Jim Biano Bianca Research. Jim, great to have you with us.There's a lot to discuss, but in terms of the CPI print, this has not in your mind put to bed the concerns about inflation going higher. >> Yeah, this number was a statistical mess. They assumed that rents in the United States were effectively zero for the month of October.They surveyed the second half of the month because the government was shut down. So when you see thin ...
TikTok signs deal for sale of its U.S. unit to joint venture
CNBC Television· 2025-12-18 22:54
confirmed with sources close the situation that Tik Tok has signed the agreements with its investors regarding a new Tik Tok US joint venture. We've obtained a memo sent from Shou, the CEO of Tik Tok to employees with an update in the US business in which he confirms the closing date of January 22nd, 2026. This is the date from um that Trump had set as the the final deadline.He notes that they have signed the agreement and he notes that the US joint venture will be half held 50% held by a consortium of new ...
OpenAI aiming to raise as much as $100 billion, valuing it around $830 billion, according to WSJ
CNBC Television· 2025-12-18 22:50
Here's got the details here. Leslie, >> hey Melia, this fits right into what you were just talking about with regard to the AI train and how fast it's moving. Well, the Wall Street Journal reporting now that Open AI is in the early stages of a fundraising round that could raise as much as a hundred billion dollar.At least that's their target at this point in time. And in this fundraising round, which is at its early stages, uh they say it could value the company at as much as 830 billion. This is according ...
'Fast Money' traders react to Nike earnings
CNBC Television· 2025-12-18 22:48
Thank you. Sarah Eisen from the New York Stock Exchange on Nike tonight. Um Tim, are we in the middle of the turnaround here.Do you see enough proof. Are you convinced. >> I I think we are.I think if you're building a position in Nike, this is a place to add. There's nothing I heard today that made me concerned about some of the legacy problems. The positives are two consecutive quarters of revenue growth.North America up 8.8%. It's actually a second derivative margin improvement. They're still down, but th ...
Nike shares slide on Q2 results despite beat on earnings and revenue
CNBC Television· 2025-12-18 22:43
Let's get back to Nike. Those shares falling now more than 4% in overtime. Let's bring in Oppenheimer senior analyst Brian Nagel for his reaction to the results.Got an outperform rating. $120 price target on the stock. Brian, which is more important here for investors in these results, the China weakness or the wholesale strength.>> Well, good afternoon, John. Look, I tend to think the wholesale strength. And I and the reason I say that I mean one it's a much bigger business but probably more importantly yo ...
House passes bill to ease permits for building out AI infrastructure
CNBC Television· 2025-12-18 22:30
You know, you just talked about Micron, you've talked about AI. Both of those have just notched a major win in the house. They have just passed regul regulation that would basically help speed up data centers, the building of data centers as well as the building of transmission lines.And of course, the power and the energy that is much needed to power those data centers. And it actually passed the House with bipartisanship. You saw about 11 Democrats cross the aisle and vote with Republicans on that.And aga ...
FedEx shares pop on Q2 results
CNBC Television· 2025-12-18 22:10
Financial Performance - FedEx's second quarter results show increased domestic package volumes, suggesting a solid domestic economy [2] - The company is experiencing price traction, leading to higher margins on the package side than expected [2][3] - FedEx raised its annual revenue growth guidance from a previous 4-6% to 5-6% [3][4] - The company tightened its EPS range at the high end, indicating positive expectations [4] Strategic Initiatives - FedEx is merging its express and ground networks, with 20% integration currently and plans to reach 40% by next May and nearly 100% in 1-18 months, driving cost efficiencies and margin upside [3][6][7] - The company is spinning off its freight LTL business, which is expected to drive value [4][8] Potential Risks - International trade and tariffs have previously impacted FedEx's earnings, with Asia to US business down approximately 20% [9]