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Thomas: Lyft's valuation is way off compared to its 30% market share
CNBC Television· 2025-06-26 11:42
All right, so we're going to get to some of your picks in just a moment, but I want to ask you, when we're talking about the small cap space, we heard uh again Craig Johnson saying he believes there's a 16% upside, how much of that is hinging on what happens in DC with the one big beautiful bill. OB3. Uh I think a lot does hinge on that for sure.Um certainly we've lived uh this year and seen that Washington has a tremendous impact on markets and and all of the underlying businesses um you know, in our stock ...
Offshore wind’s future uncertain as Congress targets federal subsidies
CNBC Television· 2025-06-26 11:32
I'm here at the South Brooklyn Marine Terminal, which Ecuador is redeveloping in order to service its offshore wind project off the coast of Long Island. Called Empire Wind One. It will include 54 turbines, each 951 ft tall, providing 810 megawws.That's enough to power 500,000 homes. It's a big investment for Norway based Ecuador, which is spending about $5 billion, including 1 billion, to redevelop the marine terminal. It is a hub of activity creating more than 1,000 union jobs.But just a few weeks ago, th ...
Ikenberry: Comparing CEO pay to median workers can be tricky
CNBC Television· 2025-06-26 11:27
All right, natural place to start. Nvidia CEO Jensen Wong getting $50 million including pay and stock in 2025. Um, I think you got to put it in context.This is a stock that's had a huge runup over the last couple years. Is that appropriate. Is that an appropriate compensation for a CEO with this level of success.Well, that's always the, you know, uh, in this case, $50 million question, Frank. Um, a lot of it boils down to the labor supply, so to speak, and the capability of of people to run these complex or ...
Big Tech hits new highs: Cleo Capital's Sarah Kunst on her top stock picks
CNBC Television· 2025-06-26 11:17
The big tech stocks are on a run this week with Nvidia hitting a new high and by the way reclaiming its crown as the largest market cap company out there. Joining us right now with her squawk picks is Sarah Coons. She is Cleo Capital managing director.And Sarah, let's talk through some of these names, especially with Nvidia back as the largest company in the world again. What uh what do you think about Nvidia. Is this a buy at this point or what do you I what's what's your guess.Yeah, I mean it's it's not t ...
Johnson: There's a fiscal inevitability to stocks going higher
CNBC Television· 2025-06-26 11:16
Ivory Johnson, founder of Delancey Wealth Management, says global liquidity and fiscal stimulus will push stocks higher, favors tech over small caps, and sees more upside for gold. ...
Wind projects blown away? Tracking offshore wind projects
CNBC Television· 2025-06-26 11:15
President Trump's budget bill cuts federal subsidies for new offshore wind projects and that throws the future of the industry into question. Pippa Stevens is in Brooklyn. She's got a look at one project that's getting off the ground and what it means for the surrounding community.Pippa, good morning. Good morning, Becky. I'm here at the South Brooklyn Marine Terminal, which Ecuador is redeveloping in order to service its offshore wind project called Empire Wind One.It's about 15 to 30 miles south of Jones ...
Mediator proposes $20M settlement in Trump's '60 Minutes' suit against Paramount
CNBC Television· 2025-06-26 11:12
mediator is proposing that President Trump in Paramount Global settle a pending lawsuit. Settle it for $20 million. This is the Wall Street Journal reporting this.President Trump sued the company over a 60 Minutes interview with on CBS with former Vice President Kla Harris accusing the network of editing the footage uh to make her sound uh better. Trump's team uh has said it wants an apology and has been pushing for $25 million. The Journal reports that Paramount doesn't want to apologize and is offering $1 ...
Lightning Round: I am horrified at what is happening at Danaher, says Jim Cramer
CNBC Television· 2025-06-26 00:25
brilliantly. >> It is time for the Lightning Round Christmas presented by my advice don't stop questioning yourself. And then the lightning round is over.Are you ready to. So let's start with RJ in California, RJ. >> Hey, Jim, how are you doing today. >> Okay, RJ, how about you.>> You know, hanging in there. I was hoping that the market could have shown us what did what it did yesterday. >> Can't. It can't be great every day.But we did. Well, let's go make money together. What do we got.>> Hey, why don't yo ...
In June you are going to see moderate and stable growth in small businesses, says Paychex CEO Gibson
CNBC Television· 2025-06-26 00:12
As I said, our our uh our client retention was actually up year-over-year. And I would say if you absent some anomalies we saw in the fourth quarter, which we'll I'll talk about, we would had a fabulous uh retention year. Uh so I think the value proposition we're delivering is fine.What we saw in the fourth quarter soon after liberation day was a spike in bankruptcies and financial distress in the micro segment. Think think entrepreneurs kind of small businesses. Now, what I will tell you that's not uncommo ...
Jim Cramer talks what sectors are winning and losing in the current market
CNBC Television· 2025-06-25 23:55
'Mad Money' host Jim Cramer talks the state of the market and what sectors are winning and losing right now. ...