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Disney chairman on CEO transition: 'We don't have the drama we had last time'
CNBC Television· 2026-02-03 16:15
We structured that around the annual meeting, David. We we said, you know, it felt like an elegant transition. I did this at Morgan Stanley.Made announcements at the annual meeting. I believe in good corporate governance. Uh there's a certain elegance to it.And Bob Bob felt that sooner was better to get this person up and running before we get too much into this calendar year. And as I said, hats off to him for the job he did and for helping make this transition smooth. This is going to be great.these indiv ...
LIVE: President Trump signs the bill to reopen the government — 2/3/2026
CNBC Television· 2026-02-03 15:49
The House of Representatives on Tuesday narrowly passed a bill to end the three-day partial shutdown of much of the U.S. government, virtually guaranteeing the end of the closure. The vote was 217-214 and sends the bill to President Donald Trump, who has said he will sign it immediately. Much of the government has been shuttered since Saturday morning. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision ...
Palantir shares surge after beating earnings estimates
CNBC Television· 2026-02-03 15:45
Let's take a look at shares of data analytics firm Palunteer. They are up by more than 11% this morning. That company posting better than expected quarterly results.It also gave some upbeat guidance. Sales were up by 70% year-over-year. The CEO, Alex Karp, says that much of the demand that the company is seeing has come from the Department of Defense.He says that the company has become so engaged with the United States that it's held off on selling new products to allies. Last summer, Palanteer signed a con ...
Disney Chairman James Gorman: 'Strategically, there's nothing wrong with this company'
CNBC Television· 2026-02-03 15:22
Well, hats off to you, James. Your stock went from 35 to 89 during the period you ran. I was uh recommending your stock the whole time.Now, Disney uh is unchanged in 10 years. When a stock is unchanged over a 10-year period, isn't it time. Maybe you guys discussed, you got Mary Bar in there.I mean, you had total hitters discussed that maybe something is very wrong with the company itself that it could be unchanged for 10 years. We've seen many companies advance during that period, make shareholders a lot of ...
Expect 3 rate cuts from the Fed this year, says Wilmington Trust's Meghan Shue
CNBC Television· 2026-02-03 15:19
And joining us now uh is Megan Shu, chief investment strategist at Wilmington Trust. There's a futures this morning. He's gotten a little bit u trade off just a little bit, but not too bad.She's also a CBC contributor. I I don't know, Megan, you're in a bad place. Uh I I just reading reading your your notes, you just you got a lot of worries, a lot of uh concerns, don't you.The earnings have been good, you say. But that sets us up for um maybe some weakness if there's any disappointment from what are alread ...
Disney names Josh D'Amaro as CEO, will replace Bob Iger on March 18
CNBC Television· 2026-02-03 15:18
Julia Borston joins us right now with some breaking news. Julia, good morning. >> Breaking news from Disney.Josh Dearo, who had been head of the parks division, is being named the next CEO of the Walt Disney Company. Dana Walden, who is co-chair of the entertainment group, is becoming president and chief creative officer. This was announced today um as of a unanimous vote held on Monday.Um and uh Disney Experiences chairman Josh becoming chief executive officer. Um this will this is effective as of the annu ...
Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest outlook
CNBC Television· 2026-02-03 15:15
Uh fourth quarter results are out from Fizer. Earnings came [music] in at 60 cents a share. 66 cents a share I should say.That beat expectations of 67 cents. Revenue of 17.6% billion also beat expectations for the full year. Fizer is affirming its revenue and earnings guidance.And separately, Fizer just put out with positive just put out some positive results from a phase 2b trial of its injectable GLP weight loss GLP1 weight loss drug. That study found that patients continued robust weight loss when switch ...
Gold jumps, silver cools as AI, SpaceX and IPOs test market leadership
CNBC Television· 2026-02-03 15:08
stocks in the market. >> Join Pro for exclusive access to Josh >> WELCOME BACK. WE HAVE SO MUCH NEWS TO DISCUSS AND COVER TODAY.SO LET'S GET STRAIGHT TO THIS MORNING'S PANEL. JOINING ME IN STUDIO IS PETER BOOCKVAR CHIEF INVESTMENT OFFICER AT ONE POINT BFG WEALTH PARTNERS AND A CNBC CONTRIBUTOR. ALSO WITH US, TONY ZHANG, CHIEF STR CONTRIBUTOR.AND JASON WARE, CHIEF INVESTMENT OFFICER AND HEAD OF RESEARCH AT ALBION FINANCIAL GROUP. WELCOME TO ALL OF YOU. SO MUCH TO GET TO, PETER.I'M GOING TO KICK THIS ONE OFF ...
Disney names parks boss Josh D'Amaro as its next CEO to succeed Bob Iger, effective March 18
CNBC Television· 2026-02-03 14:46
Breaking news from Disney. Josh Dearo, who had been head of the parks division, is being named the next CEO of the Walt Disney Company. Dana Walden, who is co-chair of the entertainment group, is becoming president and chief creative officer.This was announced today um as of a unanimous vote held on Monday. Um and uh Disney Experiences chairman Josh becoming chief executive officer. Um this will this is effective as of the annual meeting on March 18th.he will succeed CEO Bob Iger. Um um tomorrow is also goi ...
The billionaire teaching women to take risks through poker
CNBC Television· 2026-02-03 11:39
Julia Boorstin: Jenny Just. One of the first women to trade in the Chicago Options Exchange floor when there wasn't even a women's restroom in 1997. She co-founded Peak6 with one and a half million dollars.Today it's a multi billion dollar FinTech giant, supporting companies including Robinhood, SoFi and Betterment and employing twice as many female fund managers as the industry average. Now she's teaching a million women poker in the skills that come with it, courage, risk taking and getting to the table. ...