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CoreWeave CEO responds to data center delay as stock falls
CNBC Television· 2025-11-11 15:44
Corweave reporting another record quarter. Revenue more than doubled. I'm giving all the positive stuff.Backlog surged past $55 billion driven by demand for AI infrastructure. So you listen to that and you think, "Wow, this stock must be flying." But you see, there's more to it than that. And that's why I'm glad for first on CNBC interview with Core Wee chairman CEO Michael Intrader.Michael, I appreciate you coming. You don't have to waste time saying hello. Let's just get right to this.Um, okay. So this wa ...
GLP-1 prices are dropping: Who exactly will benefit?
CNBC Television· 2025-11-11 15:05
employer plans and individual plans who also don't have access to GLP1s. What can you do to make those insurers and PBMs get these same prices so they can put access for those. >> I'll ask or or Bobby that question would be very it's a good question.>> Absolutely. Many Americans receive their insurance uh through the commercial markets. The companies have committed to ensure that at worst prices are at MFN on GLP1s and are committed to continue to negotiate those prices down based on volume just as they do ...
Cramer's Mad Dash: Nike
CNBC Television· 2025-11-11 14:51
Welcome back. Six minutes before we get to an opening bell here on this Tuesday. Uh want to talk a little Nike.>> Yeah. And I got a book signing Barnes & Noble 6:30 in Brooklyn uh for how to make money in any market. And this is the one that I'm probably the most defensive about for the club. And the reason I'm defensive about it is because I know very few people who think that Nike can turn.It's very hard to turn a sneaker company. Fortunately, today, Bank of America talks about the pullback making the ris ...
Opening Bell: November 11, 2025
CNBC Television· 2025-11-11 14:49
Let's get right to the opening bell in the CNBC real time exchange at the big board. It's neuroscience alto neuroscience using AI to develop medications for neurological diseases at the NASDAQ as you saw before aboard the USS Intrepid, Senator Jerry Moran, chairman of uh Veterans Affairs, and Mona Dexter, VP of military and veteran affairs for Comcast, which has done a lot of good work with veterans over the years. >> Yeah, it's interesting.You're seeing a lot of companies trying to do neurological. Neurolo ...
Senate passes bill to end government shutdown
CNBC Television· 2025-11-11 14:35
The Senate on Monday night passed a bill to fund the federal government through January and end the longest shutdown in U.S. history. CNBC's Emily Wilkins joins 'Squawk on the Street' to discuss. ...
ADP report: U.S. lost average of 11,000 jobs per week in October
CNBC Television· 2025-11-11 14:30
This is uh down 11,000. The 4-week moving average of private sector job creation uh in the ADP preliminary report down 11,000 on average over the four weeks. So that would equate to a month-on-month change of minus almost 44 45,000.Uh and just to explain first of all in the middle of the shutdown, we're trying to bring viewers uh every single bit of alternative data we have. ADP is something we follow closely. They've begun putting out three times a month a lagging uh by two weeks.So this is for the week en ...
Facebook co-founder Chris Hughes on U.S. industrial & tariff policies, AI data center investment
CNBC Television· 2025-11-11 14:28
Joining us right now on the economy, big tech, and much more is economic security project co-chair Chris Hughes, who is also the co-founder of Facebook. His new piece in the American Prospect, Rule by Deal, is a criticism of the Trump administration's industrial and tariff policies. And Chris, welcome.Thank you for joining us today. >> Thanks for having me. Le >> let's start with the piece first.U the way you've laid this out, you you make a lot of pretty deep and important points. Um, you're looking at the ...
Judy Shelton: It's a mistake for the Fed to deliberately restrict capital access through high rates
CNBC Television· 2025-11-11 14:22
Monetary Policy & Inflation - The Fed's 2% inflation target is considered by some to be above the original dual mandate, with a zero percent target preferred for pure price stability [2] - The Fed aims for stable inflation, but its track record in achieving this is questionable [3] - A little bit of deflation is considered a natural part of economic development due to technological and productivity improvements [6] - Current inflation measures, such as the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) indicator, may not accurately reflect the price inflation experienced by average American families [8] - The Fed's deliberate debasement of purchasing power necessitates inflation adjustments, creating confusion [9] Interest Rates & Economic Impact - The Fed's method of curbing inflation by restricting growth is questioned, particularly its reliance on Keynesian models that ignore the impact of lower taxes and less regulation on increasing supply [12][13] - High interest rates restrict access to capital, hindering real prosperity gained through the production of goods and services [15][21] - The Fed's actions empower the government at the expense of the private sector, especially small and medium-sized businesses [14] - Lowering rates is suggested to stimulate small business hiring by improving access to capital [21] Fiscal Policy & Government - Perpetual deficit spending is viewed as immoral and corrupt, creating purchasing power based on future, unproduced goods and services [16] - A balanced budget is crucial, and the inability to manage government finances is demoralizing [22][23] Alternative Monetary Solutions - A proposal suggests Treasury should issue a gold-backed long-term bond to compensate for losses in purchasing power, potentially competing with assets like Bitcoin [17] - Relinking the dollar to gold could be a cost-effective way for the government to borrow and signal a move towards sound finances [19][20]
SoFi CEO on launch of crypto trading: Blockchain and crypto are a supercycle technology just like AI
CNBC Television· 2025-11-11 14:12
SoFi CEO Anthony Noto joins 'Squawk Box' to discuss the launch of crypto trading on its platform, how the product stacks up against the competition, his thoughts on bitcoin and crypto, and more. ...
ADP tracker now shows economy may have lost jobs in October
CNBC Television· 2025-11-11 14:12
ADP out with its preliminary jobs data. I want to get straight over to Steve Leeman who's got the details. Steve.>> Yeah, not a good one. Um, Andrew, this is down 11,000. The 4-week moving average of private sector job creation uh in the ADP preliminary report down 11,000 on average over the four weeks.So that would equate to a month-on-month change of minus almost 44 45,000. Uh and just to explain first of all in the middle of the shutdown we're trying to bring viewers uh every single bit of alternative da ...