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Gold, Silver and Copper reach new highs amid record rally
CNBC Television· 2026-01-29 19:25
Welcome back and check out the price action in pre precious metals. We've been getting questions about this all morning long. Gold, silver, copper, all touching record highs today, but also seeing some big volatility this morning.Gold and silver are on pace for their best month in more than 45 years. By the way, maybe Pipa Stevens can explain what's going on here, Pippa. >> Hey, Kelly.So, gold is at a new high after posting its ninth record close yesterday. And silver crossed above that 120 level before pul ...
Microsoft plays catchup in AI race with OpenAI announcement
CNBC Television· 2026-01-29 19:03
Hey, Kelly. So, what used to be Microsoft's biggest boost in the AI race for years. It's now a source of anxiety.Feels like everyone's focusing on this RPO number. So, let me break that one down. RPO or remaining performance obligation.It's essentially backlog. Revenue that Microsoft expects to recognize in the future from contracts that are already signed. The issue is concentration.About 45% of that backlog, it's tied to OpenAI. So when OpenAI looked like a locked in exclusive growth engine, that was a fe ...
Government funding package bill fails to clear key procedural hurdle in the Senate
CNBC Television· 2026-01-29 18:44
We have breaking news down in Washington on the hill. Emily Wilkins has that for us. Em, tell us more.>> Hey, Scott. Well, the Senate has now failed to advance a measure that would keep a good chunk of the government funded after Friday at midnight. But we do know that there is a plan B in the works.We know that Senate Democrats have been meeting with Trump's White House to try to figure out a path forward. We've heard one potential thing to do might be to move there. Remember, there are six funding bills i ...
Government funding package bill fails to clear key procedural hurdle in the Senate
CNBC Television· 2026-01-29 18:31
The Senate has now failed to advance a measure that would keep a good chunk of the government funded after Friday at midnight. But we do know that there is a plan B in the works. We know that Senate Democrats have been meeting with Trump's White House to try to figure out a path forward.We've heard one potential thing to do might be to move there. Remember, there are six funding bills in this package. move the five with strong bipartisan support and then just do a very shortterm bill that would just fund th ...
Google brings more Gemini AI features to Chrome browser
CNBC Television· 2026-01-29 18:15
So, Google is finally shipping its AI browser agent, putting Gemini directly into Chrome, not just as a chatbot, but as something that can do things on the web for you. Now, they're calling it auto browse. You give it a prompt, and it's supposed to handle the clicking.Book travel, fill out forms, and shop, including checkout. Now, we've heard the AI agents pitch before. Open AAI rolled out browser agent tools last year.Microsoft tried it in Edge. Neither gained mainstream traction. Chrome is at the heart of ...
Expect more runway for international ETFs in 2026, predicts JPMorgan's chief ETF strategist
CNBC Television· 2026-01-29 18:11
Welcome back to the halftime report. I'm Dominic Chu with your ETF edge. While some have called recent outperformance of international markets just a catch-up trade, there's a case for more fundamental investing changes a foot.Joining me now is John Mayer, the chief ETF strategist over at JP Morgan. So, John, let's talk a little bit about what is driving that international outperformance. Is it just dollar weakness or can we count on more momentum.>> Uh, thanks for having me. Um I think that international m ...
Starbucks lays out 2028 turnaround: Revenue growth, new stores and AI-powered customization
CNBC Television· 2026-01-29 17:45
executives really presenting Wall Street with their case that the turnaround is here. CEO Brian Nickel previewing financial targets, which is the moment that analysts have really been waiting for. So, in 2028, Starbucks now has plans for 2 to 3% revenue contribution from new stores, 2,000 more stores, including 400 here in the US.It also forecasts consolidated net revenues growing by 5% or more in fiscal year 28 and operational margins between 13.5% and 15% which means $3.35% to $4 a share by fiscal year 20 ...
AI euphoria isn’t over, Mag 7 earnings growth remains strong: Neuberger Berman’s Holly Newman Kroft
CNBC Television· 2026-01-29 17:37
Holly Newman Kroft, managing director at Neuberger Berman Private Wealth, joins 'Money Movers' to discuss big tech earnings, global market themes, and more. ...
Tesla bets big on robotics
CNBC Television· 2026-01-29 17:37
GOING TO BE DISCONTINUED, THAT HAVE BEEN BUILDING THE MODEL S AND THE X, THEY'RE GOING TO USE THOSE TO MANUFACTURE THEM. LET'S BRING IN STEVE WESLEY. HE'S THE FOUNDER OF WESLEY GROUP, FORMER TESLA BOARD MEMBER STEVE, ALWAYS GOOD TO HAVE YOU.JUST GIVE ME YOUR THOUGHTS ABOUT THE X AND THE S AND SAYING GOODBYE TO THEM AND THE RAMP UP IN, YOU KNOW, WHAT MUSK SAYS WILL BE AT SOME POINT A MILLION ROBOTS A YEAR COMING OFF THE THE THE LINES. >> LOOK, IT'S A TOUGH. >> QUARTER FOR TESLA.>> FIRST YEAR OF DECLINING REV ...
Squawk Pod: An “Armada” for Iran & Crypto’s Two Regulators - 01/29/26 | Audio Only
CNBC Television· 2026-01-29 17:33
Meta has reported strong quarterly results, highlighting AI-driven shifts to the company’s business. The SEC and CFTC are hosting a joint conference to underscore collaboration on crypto and the digital assets market structure bill. SEC Chair Paul Atkins and CFTC Chair Mike Selig discuss the dynamic between the crypto and finance industries and making America competitive for crypto business. President Trump has warned Iran that it should make a nuclear deal with the U.S., or face a large-scale American atta ...