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Chart Master: Is it time to sell TJX?
CNBC Television· 2025-06-26 22:18
Carter, what do you see in the charts. You know, before we get to the charts, just what you make the point. I mean, it was such a high flyer.Consider this. On a 20-year basis, TJX has gone 5x the performance of the S&P. TGX is ahead of Microsoft on a 20-year basis.A true high-f flyier. But let's look at some tables that start to uh tell a different tale. So, here is the former highf flyier on a 5-year basis.Of course, really way ahead of both the market and uh the consumer discretionary sector. Now, more re ...
Lazard CEO: 'I think the Democratic Party needs to decide what it stands for'
CNBC Television· 2025-06-26 22:15
as a CEO who obviously has a workforce based in New York. Uh I you know what what will be your reaction. Will you change any of your strategic plans in terms of investing and or how you view your workforce if mom Donnie becomes the mayor.There are a lot of hypotheticals uh built into that question. First let's see what happens in the general election here in New York. Uh and then we have to see what policy changes uh happen.I would say that we are very committed to New York. the bar would be high for us to ...
We're buying Nike, shorting Lululemon against it, says Jefferies' Randy Konik
CNBC Television· 2025-06-26 22:09
CNBC’s “Fast Money” is joined by Randy Konik, managing director at Jefferies, to discuss Nike’s fiscal fourth-quarter earnings results, which beat expectations on the top and bottom lines. ...
Loosening capital requirements will lead to increased bank M&A, says RBC’s Gerard Cassidy
CNBC Television· 2025-06-26 21:44
Genius Act. We know all the things we're talking about. I think JP morgan's going to be right there.>> All right. For more on the strength in banks, I had a stress test in the start of earnings season. Let's bring in RBC Capital Markets.Co-Head of Global financials Research Gerard Cassidy. Gerard, great to see you. Are you expecting any surprises tomorrow.>> We're really not. I think tomorrow we should all expect is that the banks will all pass and flying colors like they have for a number of years of, you ...
'Fast Money' traders discuss banking stocks, market outlook
CNBC Television· 2025-06-26 21:43
Welcome, Stuart. And we start off with the markets getting within a whisper of records. The S&P gaining 8/10 of a percent today and closing just six points off its all time high, hitting more than four months ago. The Nasdaq also just off its best level up a percent today.And as we were getting ready to close out the month and the quarter, it's been tech and energy leading the charge. But recent moves in one other area really caught our eye today. Bank stocks have quietly been in rally mode since last week' ...
Federal judge rejects SEC and Ripple’s joint motion to settle lawsuit: CNBC Crypto World
CNBC Television· 2025-06-26 21:18
Today, Circle resumes its post IPO rally. A federal judge, pushes back on a settlement between the SEC and Ripple, and Zack Abrams, co-founder of Bridge, discusses the wave of stable coin interest on Wall Street. Welcome to CNBC's Crypto World.I'm Talia Kaplan. Major cryptocurrencies in the green along with stocks as the S&P 500 continued its march toward the all-time high set earlier in the year. Some factors for the rise include the potential for lower interest rates later this year, a calming tariff envi ...
Logan Paul on the Netflix-WWE relationship
CNBC Television· 2025-06-26 21:15
YouTube personality and pro wrestler Logan Paul told CNBC Sport that the relationship between Netflix and World Wrestling Entertainment is "amazing," with the streaming giant now hosting several WWE programs on its platform. ...
Defense industry to evolve into growth industry, says Stifel's Jonathan Siegmann
CNBC Television· 2025-06-26 21:10
But our next guest has some more under the radar top picks in the sector for your portfolio. So joining me now is Jonathan Sigman. He's steeple managing director. He's covering aerospace and defense.Jonathan, welcome to the show. It's great to have you on. Thanks so much for having me.So I'm going to start right here with your note. You said you recommend to investors lean into the defense industry changes and throw out the legacy defense investing playbook. What does that mean.Yeah. So the title of the not ...
Nike has internal, external challenges ahead, says Oppenheimer's Brian Nagel
CNBC Television· 2025-06-26 20:59
So to get reaction to these numbers, let's bring in Brian Nagel of Oppenheimer. He has a buy rating and a $120 price target on the stock, which I should note would mean Nike doubling to reach. So your reaction to these results that Sarah just laid out for us.Well, good afternoon. No, look, I think Sarah did a nice job of breaking down the numbers. I mean, for me, the real key as I'm looking through this report is this was weak as expected.Okay, Nike very much telegraphed this weak quarter. There's a lot of ...