We will go to the markets as we await these big events this afternoon. Dow the only thing in the green, albeit slightly. Everything else is just a little bit red. So, we did Joe get 7,000. We're 2 hours away from the Fed decision, a handful of hours away from Meta, Microsoft, and Tesla as we begin those mega cap earnings. Uh, you know, you got that, you got gold and silver, uh, which were ripping again today. The dollar is very much in focus, which was down, uh, to a 4-year low. the president saying, "Hey, ...

In support of our goals today, the Federal Open Market Committee decided to leave our policy rate unchanged. Having lowered our policy rate by 75 basis points over the course of our previous three meetings, we see the current stance of monetary policy as appropriate to promote progress toward both our maximum employment and 2% inflation goals. ...

The semiconductor rally really isn't slowing down right now. There's so many movers. Seagate up 15%.Texas Instruments up uh over oh 8% right now. We really got a trifecta of earnings from chip equipment makers and memory suppliers all saying the same thing. AI infrastructure demand is still running hot.ASML was the big one. Orders came in nearly double what analysts had expected. China revenue dropped to 20% of sales, which sounds bad from the low30s last year, but that's what the street wanted.They wanted ...

President Trump speaks about the upcoming launch of the Trump accounts initiative. ...

The Federal Reserve pausing after three consecutive cuts, maintaining the rate of three and a half to 3.75%. There were however two dissents, Governors Waller and Myron both desenting, favoring a quarter point cut this time. there.They kept the language that they used last time to single a pause saying that in considering the extent timing of additional adjustments to the target range. That was what signal a pause last time perhaps telegraphing a future pause. There was also a noticeable upgrade to the econ ...

Given that Jay Pal is going to be speaking publicly this afternoon, I want to update you on what we know about that investigation uh into Pal and the Federal Reserve. Uh and remember that investigation was being done out of the US Attorney's Office for the District of Columbia. And I can tell you that a source familiar with the investigation tells me uh that the investigation is still ongoing, although we haven't heard very much about it over the past week or so.Uh it is still an ongoing issue. Uh, and I'm ...

Social media is on trial with jury selection beginning today at the LA Superior Court here behind me in this high-profile case against Meta and YouTube. And this case has massive implications for the industry. This is the first case in a wave of trials [music] on the addictive negative impact of social media on kids and teens, which is drawing comparisons to the attack on big tobacco in the 1990s. The plaintiffs in this first trial are a 19-year-old woman and her mother. They claim social companies knowingl ...

Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pot, New York's new mayor, Zoran Mdani, on the budget for America's largest city. >> The prior mayoral administration has left us with a 12 billion fiscal deficit. And this is at a scale that's actually greater than what we saw here in New York City during the Great Recession. and how his version of economics is taking over city hall. >> Since 2021, when New York State increased taxes on the wealthiest New Yorkers, the numbe ...

Artificial intelligence set to take center stage in big tech earnings tonight. But while Wall Street digs through those financials, a different set of metrics may better reveal which companies are actually ahead in the AI race. Our dear DBosas put together a tech check version of an AI scorecard today.Morning D. >> Hey, good morning Carl. So model benchmarks, they're useful for engineers, but Wall Street doesn't price model quality in isolation.It prices conviction too, a number of other things. So we put t ...

I mean, speaking of investing in in America, I mean, one question people have right now is the appeal of US assets, especially when they look at the US dollar, which is trading at multi-year lows. I know the president sort of endorsed this as a good thing yesterday. But is it really a good thing if people are wondering if the dollar is the right place to be.>> Well, again, US always has a strong dollar policy, but a strong dollar policy means setting the right fundamentals. And I think that with President T ...