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Exxon Mobil CEO: EU's CSDDD is some of the worst legislation I've seen passed anywhere
CNBC Television· 2025-06-27 13:08
plans. com now. >> All right welcome back everybody.Joining us right now for an exclusive interview to discuss all things energy and oil is Darren Woods. He's ExxonMobil's chairman and CEO. And Darren I want to thank you for being with us this morning.Good to see you. It's good to see you, too. We've been watching so closely what's been happening with oil prices. And we've seen a real rapid rise and then drop off again after what's been happening in the Middle East.Crude oil back at $65 a barrel. But it got ...
Core inflation rate rose to 2.7% in May, personal income falls
CNBC Television· 2025-06-27 13:06
Darren. >> Thank you so much for joining us. We appreciate it.>> Personal income and spending numbers for me. Plus the Fed's favorite inflation gauge PCA, PCE data treasuries Rick Santelli. Just do it Rick.Tell us what you got. >> Yes. May income spending and all the inflation numbers.And there are surprises here. Personal income which really has been quite strong throughout 2025 takes a bit of a hit here. Down 4/10.We were looking for a number up 3 to 4 tenths. This would be the first negative number going ...
Karen Knudsen on what she learned from entrepreneur Sean Parker
CNBC Television· 2025-06-27 13:01
Parker Institute CEO Karen Knudsen told CNBC's Julia Boorstin that entrepreneur and philanthropist Sean Parker is a "bold thinker," and she appreciates to have a chair of her board who is unafraid of thinking differently. ...
The AI-boom's multibillion-dollar blind spot: Reasoning models hitting a wall
CNBC Television· 2025-06-27 12:49
AI reasoning models were supposed to be the industry’s next leap, promising smarter systems able to tackle more complex problems and a path to superintelligence. The latest releases from the major players in artificial intelligence, including OpenAI, Anthropic, Alphabet and DeepSeek, have been models with reasoning capabilities. Those reasoning models can execute on tougher tasks by “thinking,” or breaking problems into logical steps and showing their work. Now, a string of recent research is calling that i ...
How tariffs are impacting states around the country
CNBC Television· 2025-06-27 12:43
CNBC's Scott Cohn reports on news regarding 2025's top states for business. ...
Fed's Kashkari sees first rate cut in September, two rate cuts this year
CNBC Television· 2025-06-27 12:39
I'm here because if we're talking about this, you might as well tell us what he said. I'm going to tell you what he said. Exactly.Really interesting comments. By the way, um first on what he says about policy and then the why on the policy. He sees a possible first cut in September.He maintains his ALEC for two cuts this year, but he's adjustable on that. He says the tariff impact could be delayed or it could be less than expected and provides interesting reasons why both could be true. First, he says compa ...
Healthcare, Tech and Bonds offer value as markets hover near highs
CNBC Television· 2025-06-27 12:38
Tiffany McGhee, CEO of Pivotal Advisors, and Meghan Shue, Head of Investment Strategy at Wilmington Trust, say investors should rebalance, favor healthcare and bonds, and stay invested. ...
Retail traders outperform S&P, pile into AI, Tesla, and short-term bonds
CNBC Television· 2025-06-27 12:32
Templeton your trusted partner for what's ahead. >> Welcome back to Worldwide Exchange Retail Traders. They outperformed the S&P 500 by 30% on Monday, the day after the airstrikes on Iran making trades at the height of Middle East tensions, at least in 2025. Here's some of the other trades they made on that day.Buying the dip on hims and hers, investing in the AI defense stock, Palantir, and also some more conventional AI plays like AMD and alphabet. Plus, investing in the hype of stablecoins with circles. ...
Bradley Tusk: Mamdani's approach to hiring mildly assured me
CNBC Television· 2025-06-27 12:30
CNBC. com plus now. >> Zoran Mamdani's primary victory in New York City's mayoral race has sparked debate about the future of the Democratic Party across the country.Joining us right now is Bradley Tusk. He's the founder and CEO of Tusk Ventures, who also served as campaign manager for Mayor Bloomberg's successful 2009 bid. Bradley, welcome.Thanks for being here. Thanks for having me. Let's talk very quickly about what this means for New York.But I want to quickly get to the broader implications for the Dem ...
Policy has gone from an acute to chronic issue for market indices, says JPMorgan's Gabriela Santos
CNBC Television· 2025-06-27 12:24
Joining us with more on the markets, Gabriel Santos, JP Morgan, asset management, a chief market strategist for the Americas. And I'm you don't sound in in this uh in in looking at your notes in the midyear check, Gabrielle. You don't sound that bullish really is would you you kind of sound how you did it at the lows.You didn't say we weren't going to go back up, but you didn't really No one expected us to just bounce right back to where we are so quick to new highs so quickly in this because tariffs not th ...