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July housing starts rise but permits post decline
CNBC Television· 2025-08-19 13:14
seconds away now. Uh, in fact, about 5 seconds from housing data and Rick Santelli standing by at the CME in Chicago. Rick, are the numbers, please.>> Good morning, Joe. Yes, we're looking for housing starts for the month of July. Permits, just a preliminary first of two we'll get for July.Starts expected just a whisker under 1.3% million come in significantly stronger. 1,428,000. That is a nice jump uh from 1,321,000 which was last month and that well that was the lowest since the previous month which was ...
Gen. Wesley Clark: Don't understand why Zelenskyy is demanding a meeting with Putin
CNBC Television· 2025-08-19 13:04
>> The white House says it's working to schedule a meeting between Russian President Putin and Ukrainian President Zelensky. Joining us right now is the former NATO supreme allied commander, Wesley Clark. He's a retired four star army general and now chairman and CEO of consulting firm Wesley Clark and Associates and general.Let me just ask what you thought. I don't want to be leading the witness. What was your takeaway from what you've seen over the last 3 or 4 days.>> Well, I think it's a good thing that ...
Nexstar CEO on $6.2B Tegna deal: Allows us to compete on a level playing field with Big Tech
CNBC Television· 2025-08-19 12:57
We got a broadcast deal to tell you about and a possible spoiler as well to talk about this morning. A short while ago, NextStar Media Group said that it's going to buy rival Tegna in a cash deal valued at $6.2% billion. The transaction still subject to regulatory approval and Tegna shareholder approval.Meanwhile, late yesterday, the Wall Street Journal reporting that Sinclair, one of the nation's largest owners of local TV stations, wants to merge its TV business with Tegna. So there's a lot going on here ...
Watch CNBC's full interview with Treasury Secretary Scott Bessent
CNBC Television· 2025-08-19 12:40
>> To be more than just sleep. Trapeze. I mean, I'm going to get a anyway.Joining us now, Treasury Secretary Scott Bessent. You never know what you're going to hear before you come on. Mr.. Treasury Secretary, it's always a pleasure to have you on. Good morning. >> Morning, Joe.>> We have talked in the past about whether you wear different hats. And you have always said, I wear the Treasury secretary hat, but can we talk about the meeting yesterday, the with the European leaders and with President Zelensky. ...
Treasury Secretary Bessent: My strong belief is there will be a meeting between Putin and Zelenskyy
CNBC Television· 2025-08-19 12:36
Joining us now, Treasury Secretary Scott Bessant. Uh, you never know what you're going to hear before you come on, Mr. . Treasury Secretary.It's always a pleasure uh to have you on. Uh, good morning. >> Morning, Joe.>> We have talked in the past about whether you wear different hats and you have always said I wear the Treasury Secretary hat, but can we talk about the meeting yesterday, the uh with with the European leaders and and with uh President Zalinski. Uh we haven't talked to an administration officia ...
Treasury Secretary Bessent: India is profiteering from Russian oil
CNBC Television· 2025-08-19 12:35
U Mr. . Secretary, you you started at the beginning describing um President Putin as your uncontrollable neighbor. You kind of brought over and showed your gun case to.I I know part of what the administration has done has tried to make it tougher for Russia to be able to sell its oil. Um it cracked down pretty tough on India, which is importing a lot of Russian oil, but not so much when it comes to China. Is is China in the wrong for importing so much Russian oil as well.I think they import just as much as ...
Eight Sleep CEO Matteo Franceschetti on sleep optimization, AI implementation and growth outlook
CNBC Television· 2025-08-19 12:08
Company Overview & Funding - Eight Sleep aims to transform beds into AI-powered devices for sleep optimization and health prevention [1] - The company raised $100 million in new funding, supported by sports figures [1] Product Features & Technology - Eight Sleep's technology improves sleep by up to 30% by changing body temperature in real-time based on biometrics [4] - The bed features dual-zone temperature control and snoring mitigation through head elevation [4] - Hot flash mode is available for women experiencing menopause [6] Expansion into Medical Sector - The company is seeking FDA approval for features related to sleep apnea diagnosis and mitigation, and hot flashes [8] - New products will address mild sleep apnea through elevation and posture adjustments, without requiring a CPAP machine [9] AI & Future Development - Eight Sleep is investing in AI to develop a "sleep agent" that simulates and optimizes sleep environments [10] - The sleep agent uses historical data and integrates with Apple Health to predict and adjust sleep conditions [11] - The company is developing "longevity twins," digital simulations to provide personalized health recommendations for users [16] Market & Pricing Strategy - The current product price starts around $3,000, potentially reaching $4,000 with additional features [16] - Eight Sleep envisions a portfolio strategy similar to Tesla, with future products at lower price points [18]
Oppenheimer's Brian Nagel: Home Depot sales will reaccelerate as rates move lower
CNBC Television· 2025-08-19 12:02
For her calm. >> All right. As we've been talking about Home Depot reporting earnings this morning, the company missed on the bottom line, but did show improvement in their US comps over the last three months, every month of the quarter.Joining us right now for his reaction is Brian Nagle. He is Oppenheimer senior equity research analyst. And Brian, just tell me what you think about what you saw from this release.>> Well, good morning Becky. Look, I think it's largely more of the same from Home Depot. I kno ...
Rep. Don Beyer: Trump is making 'a major mistake' allowing Nvidia and AMD to sell chips to China
CNBC Television· 2025-08-19 11:40
Our next guest is uh going back to school >> something after paycheck protection program. >> Yeah. Paycheck protection after enrolling in loan after enrolling in advanced machine learning courses at George Mason University last year to better understand the technology.He's now tasked with helping Congress regulate AI. Joining us now Virginia Representative Don Byer. He is the co-chair of the AI caucus.How's it going back there. Do uh do all those young people like look over at you and point and sort of whis ...
The consumer is under increasing pressure from tariffs, says Advisors Capital's JoAnne Feeney
CNBC Television· 2025-08-19 11:24
All right, let's take another look at the futures. Um, we are moving closer to the flatline. The Dow futures right now only down by about seven points.I'd like to take a look at Home Depot and see how that has impacted things. It's the Dow component out with earnings and initially it was down, still down by about 4/10en of a percent, but we are looking at the Dow futures improve somewhat. Um, joining us right now to talk about what she's seeing in the markets is Joanne Feny.She's a partner and portfolio man ...