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SoftBank's $2B Intel investment
CNBC Television· 2025-08-19 15:58
possibilities. >> Shares of Intel soaring today after this $2 billion investment from SoftBank. It comes as the Trump administration considers at least a 10% stake in the chip maker.Kristina Partsinevelos has the latest in today's tech check. What a busy day on your beat. >> KP yeah, it's been a busy few years, which is great for me, but let's talk about Intel because it is getting a $2 billion lifeline from SoftBank.And shareholders really need to understand what this means for their investment. It's not s ...
Commerce Sec. Lutnick: We want Intel to be successful in America
CNBC Television· 2025-08-19 15:45
Look, the Chips Act was just a giveaway to rich companies. I mean, why in the world is the United States of America taking money and giving it to companies like TSMC, which is worth a trillion dollars. I mean, why would we give them money to come to America.Donald Trump understands how to do this. What he does is he says, "If you don't build in America, you're going to pay a 100% tariff and then watch them come flying in." So the idea is let's change with respect to Intel. We want Intel to be successful in ...
FTC Chair Andrew Ferguson on lawsuit against ticker resellers
CNBC Television· 2025-08-19 15:44
patriots. com to secure your free generator and solar panels now. >> Welcome back to Money Movers, the FTC announcing it will sue ticket reseller Key Investment Group, claiming the company and its affiliates unlawfully purchased and resold tickets for events like Taylor Swift's Eras Tour, generating millions in revenue.The company responding to the suit in a press release, saying in part, the FTC misleadingly characterizes Key Investment Group's use of standard internet browsers to purchase tickets as equiv ...
Activist investor Elliott push spurs changes at Medtronic
CNBC Television· 2025-08-19 15:32
Guys, I wanted to uh diverge into activism for a Faber report uh this morning. Haven't gotten to it, but it's involving Metronic and of course the most active of activists, the most important activists that we have uh which is Elliot. Um and they were here uh they are there and there's already been change on the board.Two new independent directors have been appointed uh by Metronic, which by the way reported earnings as well this morning. Um uh they are both uh with significant uh experience are these gentl ...
Expect two cuts in 2025, says Neuberger's Holly Newman Kroft
CNBC Television· 2025-08-19 15:30
Let's talk more about tariffs, the Fed, what it all means for the market and the setup. We are joined here at Post9 by Newberger Berman private wealth managing director Holly Newman Croft. Welcome back.It's great to have you. >> Great to be here. Thank you.>> So, it's been sort of this steady strength for most of summer. How does that set us up for the fourth quarter. I know since April 8th, since the market lows, all we've seen is a march upward.The S&P is up 30% since then. The Magnificent 7 up 50%. what ...
Why senior housing could be the next real estate play
CNBC Television· 2025-08-19 15:30
Welcome back. The next big real estate opportunity could come from senior living as the industry is on the cusp of a demand boom, especially specifically a baby boom. Let's get to Diana with this week's property play.Hey Diana. Hey Carl. Yeah, more than 4 million boomers will hit 80 in the next 5 years and occupancy at senior living communities is hitting new highs.I sat down with the CEO of Ventas, a senior living REIT with a $ 31 billion market cap. You can see the stock up about 14% year-to date. Deb Kaf ...
D.A. Davidson's Michael Baker: Home Depot's stock will likely react before mortgage rates go down
CNBC Television· 2025-08-19 15:24
Home Depot reporting its first earnings miss on both the B bottom and top line since May 2014, but stocks trading higher after maintaining its fullear outlook. Other major retail reports on deck this week. We've got Target, Lowe's, TJ Maxx tomorrow, and then Walmart on Thursday.Joining us now is DA Davidson, senior analyst, Michael Baker. Michael, it it's good to have you. Did you see a reason to buy in this report.Sure. Yeah, although uh it was a little bit light of expectations. Uh the comps were only lik ...
William Blair's Jed Dorsheimer: Tesla's robotaxi could eventually pull ahead of competition
CNBC Television· 2025-08-19 15:19
Self-driving vehicles are gaining traction perhaps. A new note from William Blair makes the case that Tesla's robo taxi could eventually pull ahead of the competition. It's got a more luxurious service at half the cost.Joining us now to discuss his note, William Blair analyst Jed Dorshimer. Uh Jed, you you say that you may have experienced a glimpse of the future in referencing your riding in Austin in some robo taxis and that the uh comparisons are immediate and stark. What do you mean.Well, um, by the way ...
LIVE: White House press secretary Karoline Leavitt holds a briefing with reporters — 8/19/2025
CNBC Television· 2025-08-19 15:06
White House press secretary Karoline Leavitt holds a press briefing with reporters on Tuesday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business new ...
Rebecca Patterson: Inflation being higher & stickier changes how the 10Y is reacting to policy
CNBC Television· 2025-08-19 15:01
Housing Market & Interest Rates - Lowering the Fed rate might help consumers buy homes by injecting liquidity into the market, but other factors complicate the situation [1] - Mortgage rates are based on the 10-year yield, not the Fed funds rate; rate cuts don't automatically translate to cheaper mortgages [2][3] - Last year, Fed rate cuts spurred expectations for growth and inflation, pushing up the 10-year yield and hurting housing [3] - The belief that Fed cuts automatically lead to cheaper mortgages is not universally held; while it often happens, it didn't last year [4] Inflation & Monetary Policy - Higher and stickier inflation changes how the 10-year yield reacts to policy changes; bonds may not behave the same way to Fed cuts as in the past 20 years due to a different inflationary environment [5][6] - Equities are potentially a better inflation hedge than bonds, questioning bonds' role as a diversifier [6] - The labor market is showing signs of softening, which could lead to the Fed cutting rates and potentially pulling down long-term yields and inflation [8][9] Labor Market & AI Impact - 34% of CEOs surveyed by the Conference Board expect job cuts in the next 12 months, the first time those expecting cuts outnumbered those expecting to hire since COVID [8] - Companies are expected to accelerate job cuts to control costs [9] - Companies are investing in AI and training their staffs, but the timing and degree of AI's disinflationary impact are uncertain [10][11] - Companies are pressured to invest in AI, which requires upfront spending and may lead to headcount reductions to offset costs [11][12]