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Nike's Q4 earnings beat on top and bottom lines
CNBC Television· 2025-06-26 20:49
Nike earnings are out. Sarah Eisen has the numbers. Hi Sarah.Than expected. Uh it looks like they reported 14 cents per earnings per share. That was better than the 13 cents.It was also beat on the top line a little better as well. 11.1% billion. The expectation was 10.7% billion.So um some minor beats here. I just want I'm going through some of the regions. North America was better than expected 4.7% billion.Still a decline of 11% from a year ago. And then China was worse than expected at 1.4% four billion ...
Former NBA star and member of the Michigan 'Fab Five' Jalen Rose on NIL
CNBC Television· 2025-06-26 20:45
Former NBA star Jalen Rose told CNBC Sport that he's glad the NCAA is now allowing student-athletes to profit off their name, image and likeness, but that the rule change is "25 years too late" as some college basketball stars now prioritize the NBA Draft and overseas options for making money. ...
Treasury Secretary Bessent asks Congress to pull 'revenge tax' from tax bill
CNBC Television· 2025-06-26 20:44
Well, one of the more controversial piece p pieces for businesses in Trump's tax bill is now on the verge of potentially being removed after Treasury Secretary Scott Besson tweeted that he had asked the House and Senate to remove the provision. This, of course, is known as the retaliatory tax. Some people call it the revenge tax 8.99%.Basically, it would say that if other countries put what the US sees as an unfair tax on US companies that the Treasury Department could then put a tax on companies and invest ...
Bull market's dominant theme is AI, says Truist Wealth co-CIO
CNBC Television· 2025-06-26 20:38
CNBC’s “Closing Bell” is joined by Stephanie Link, chief investment strategist at Hightower Advisors, and Keith Lerner, co-chief investment officer at Truist Wealth, to discuss the day’s market action, their outlook and more. ...
'Absolutely does' make sense equities are near record-highs, says HSBC's Kettner
CNBC Television· 2025-06-26 20:28
Let's bring in Max Kentner, HSBC's chief multi-asset strategist to talk about this close. Max, you know, I sit here the S&P 500 at 6142. It's a couple of points from the closing high from February 19th.Uh does it make sense that we're back here. Yeah. Um I think it does.It absolutely does because when we look at the earnings picture, that actually uh does really still look resoundingly good. And when we look particularly at uh forward earnings, when we look at Q2 earnings expectation, it is actually bizarre ...
Circle shares resume post-IPO rally
CNBC Television· 2025-06-26 20:25
CNBC's Tanaya Macheel reports on news regarding Circle. ...
Market approaching highs due to upcoming rate cuts and soft landing, says Nuveen's Malik
CNBC Television· 2025-06-26 20:21
Welcome back. Stocks moving higher today. An S&P record looks to be within reach.New's head of equities and fixed income Sarah Malik is out with her second half playbook and joins me now. Sarah, it's good to see you. Good to see you.So, you know, for as much as has happened in the first half of this year, it's been dramatic. Some of these violent market moves point to point the S&P 500 and the total bond market index are really close to where we started the year, within a few percent. So what should an inve ...
Rick Rieder: Fed's window to cut is there in July but they won't
CNBC Television· 2025-06-26 20:21
So, is the market sending an all clear signal on the economy and the policy path ahead. Or is it time again to start looking out for what might trip things up. Let's ask Black Rockck's Rick Reer.He's CIO of Global Fixed Income and head of the global allocation team there. Rick, great to have you. Good to see you.Yeah, appreciate it. What's your read on uh on what we're getting from the markets here in ter I mean it feels like this is how the markets trade when kind of soft landing risk has been mitigated an ...
Karen Knudsen on what makes a successful leader
CNBC Television· 2025-06-26 20:15
What do you think makes a successful leader. Yeah, I do think that is being open to all opportunities. That the good ideas can come from anywhere.It can come from a town hall of someone that maybe you've never met because your organization's that big, but they've got a great idea. It can come from those moments of ideiation that happen over coffee right here at the CNBC CEO Council. We've had some today already.Um or on this morning's hike. that the good ideas can truly come from anywhere. ...
High yield bond market has done exceptionally well, says Marathon Asset's Bruce Richards
CNBC Television· 2025-06-26 19:57
Private credit inflows getting a boost and my next guest is seeing even more positive signs ahead for the credit market. Joining me now is Bruce Richards, CEO of Marathon Asset Management here at Post 9. Bruce, good to see you. Good to see you, Mike.Um, really the credit markets, I mean, measured however you want to measure them through this entire year, which has been noisy with the tariff scare and everything have really not buckled at all, right. I mean, spreads remain tight. Demand for credit product re ...