Our next guest says rate cuts are looking more likely following today's CPI report. He's calling for a 100 basis points by year end starting with 50 next month. For more, let's bring in Barry Knap, director of research at Iron's macroeconomics.Barry, it's great to have you on. We have this market meltup here on the heels of CPI. Does it make sense to you. It does.Um the market until today at least um was increasingly narrow driven by the whole Gen AI theme. Um for a couple of years we've had pressure on sma ...

As AI demand has ramped up exponentially, trillions of dollars have been committed to building data centers. But now a different technology is emerging and it could drive the next leg of real estate growth. Diana Ol joins us now.She has the details in today's property play. Diana. Well, David, until now quantum computers have mostly lived at academic or government facilities because they had limited practical applications, but quantum computing is fast becoming commercially viable.And as a result, it needs ...

back. Let's talk about these other moves from Bellski. Um, so you added to Goldman Sachs, um, clearly after President Trump posted on Truth Social about David and their economist.Clearly, that was your buy signal. Uh, US Bank Corp and Metife. Tell me more.Yeah, we took out Black Rockck. Uh, and these are all positions within our value portfolio. Black Rockck to us isn't so much a value stock anymore.We still own it in our dividend growth portfolio, but stocks at 28 times earnings, hitting all-time highs. cu ...

Let's do final trades. Mr. . Bellki, what you got.>> BL Top Build. >> Thank you very much. >> Thank you.Great to be here. >> Yeah, it's great having you. Humbled, honored. >> I'm very humbled.Thanks, >> Farmer Jim. I too am humbled and honored to be here. Uh Pacific Gas and Electric, this stock got hit hard after the California wildfires, even though they weren't culpable for it.But as the situation with the insurance fund becomes clear, it looks like they're not going to be uh having to spend too much on i ...

All right, calls of the day. Let's do Chipotle. It was upgraded today to overweight.Price target though was trimmed by a few bucks to 50 from 53. It's at Piper Sandler. They like the riskreward.Stephanie Link, I think, agrees. I like the riskreward. You upgraded it.Yes, we did about two weeks ago and last week I think we spent 20 minutes on the A block on it. So, um, look, the expectations are very low. They have very easy comparisons.It's a good franchise. They have products that are coming down the pike w ...

Brian, you bought more Broadcom, Nvidia, and AMD. >> I did. >> Tell me why you did that.>> Well, I think Broadcom and Nvidia are Coke and Pepsi. Nvidia is is obviously the clear leader. We given the fact that the stock had run a little bit too much, we needed to kind of rightsize our position.We still love love love that company longer term, but we're making a bet on on AMD and Broadcom to be sub A and sub B under Nvidia. And those are our three biggest chip company positions. What do you think of the the d ...

it's market fully pricing in that you will get a rate cut in September. If you analyze the report, you'll see that you had the uptick in services, but the concern for last month was about the good side of the report and that has moderated. Look, overall for me, it's simple.When we're thinking about inflation and tariffs, there's enough revenue growth, Steph, in the earnings that the companies are able to absorb it. Obviously, it's a little bit of a hit to profit margins, but that's okay because the revenue ...

Elon Musk threatening legal action against Apple overnight, accusing Apple of quote behaving in a manner that makes it impossible for any AI companies beside Open AI to reach number one in the app store, which is unequivocal antitrust violation. According to Musk, Alman responding, quote, "This is remarkable claim given what I've heard alleged that Elon does to manipulate X to benefit himself and his own companies." Here to discuss is Mal Lad Ram, Fortune contributing editor, CNBC contributor. McCall Alman ...

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Here at the White Mesa Mill in Utah, mineral company Energy Fuels is processing rare earth elements. These materials are crucial to modern-day technology. Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties.Rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers, and high-tech consumer electronics. The United States used to be an industry leader of rare earth production up until the 1980s ...