CNBC Television
Search documents
Cleveland Guardians pitchers indicted for alleged scheme to rig bets on pitches thrown
CNBC Television· 2025-11-10 12:23
Federal prosecu uh prosecutors announcing now the indictment of two Major League Baseball pitchers from the Cleveland Guardians on charges uh relating to a sports betting and uh moneyaundering conspiracy. Emanuel uh Case I I'm famili I'm not sure it's CL or class A and uh Luis Ortiz allegedly took bribes as part of a scheme to rig bets on pitches thrown during games. Can you imagine betting on a on an individual pitch.The indictment says that the players agreed with their co-conspirators in advance on speci ...
Ives: The AI revolution is the fourth industrial revolution
CNBC Television· 2025-11-10 12:22
Market Trends & Investment Opportunities - The market views Nvidia's upcoming earnings as a crucial event, potentially driving tech stocks higher [2][11] - The AI revolution is expected to spur significant spending, potentially exceeding the combined spending of the last 10-12 years over the next 3-4 years, reaching $3-4 trillion [5] - Cyber security is considered a key area benefiting from AI, potentially adding 30-40% revenue to companies like Zscaler and Crowdstrike [6] - Infrastructure players, particularly those involved with Coreweave, are expected to remain bullish due to the ongoing AI advancements [13] Company Performance & Valuation Concerns - Zscaler's price target is raised to $350, representing approximately a 9% upside from its current trading price [3] - High forward PE ratios are noted for Palantir (more than 220 times), CrowdStrike (more than 125 times), and Zscaler (87 times), raising valuation concerns [4] - Investors may be underestimating Zscaler's potential growth in the coming quarters [8] Competitive Landscape - Zscaler faces competition in cyber security from Palo Alto Networks and Crowdstrike, emphasizing the importance of platform size and customer retention [7] - The cyber security market is experiencing bifurcation, with companies gravitating towards larger players [7]
Stephanie Link: The word of the day is seasonality
CNBC Television· 2025-11-10 12:18
All right. What do you make of this move in futures. Again, it's on reports the Senate's getting closer to a deal to end the government shutdown.Still has to pass the House, so there's a few more hurdles. It's going to take a few more days. Does that erase some of the other concerns like inflation and of course valuations.Is this good enough to kind of take the bull market and put it back on track. The idea that we might have a deal here. >> I think it does.Um the word of the day is seasonality. And that's ...
Straehl: The pullback in tech is a broader sentiment shift
CNBC Television· 2025-11-10 12:17
All right, obviously futures getting a big boost from these reports. The Senate is looking to end the shutdown, but it seems important to note that last week the sell-off, it didn't seem like it was that closely tied to the shutdown. Shutdown was a factor, but it seemed like it was about valuations in tech.Have those concerns just been eased with the idea that we might see an end of the government shutdown. >> I think it's a it's a positive short-term impulse for sure. If you look at the move on Friday, uh ...
Insider action heats up as top CEOs sell millions in company stock
CNBC Television· 2025-11-10 12:17
Welcome back to Worldwide Exchange. Time for this morning's insider action. Tracking notable insider stock moves by company directors and executives that are outside pre-planned stock sales.As always, the data coming from Varity data, but confirmed by CNBC's data team against SEC filings. Las Vegas Sand CEO Robert Goldstein selling more than a million shares of the gaming giant, netting him nearly $49 million. Goldstein will transition to an advisory role with the company in March.That stocks up more than 2 ...
Lovallo: Millennials are better financed than previous generations
CNBC Television· 2025-11-10 12:15
When we start off with the news over the weekend, we heard the we saw the president post about this, a 50-year mortgage. The 30-year has been the standard here in the US. We also, in all fairness, offer 15-year mortgages.>> Yeah. >> Your thoughts on a 50-year mortgage and what would that do to home prices. The idea of a longer mortgage.>> So, it's interesting. We we ran the math. Um, it's about $120 in savings per month.It increases buying power by by about 5%. So, call it $20,000. Um, but it's not a clean ...
This is a 'buying the dip' market particularly in AI, says Ed Yardeni
CNBC Television· 2025-11-10 11:58
Market Outlook - The market is considered a "buy the dip" market, especially in AI [3] - A solid Santa Claus rally is expected, with focus on November and December, potentially adding about 4 percentage points [14] - The market is in a bull market, reaching all-time record highs in the past couple of weeks [13] AI Sector Analysis - AI is viewed as an app with widespread applications, benefiting cloud providers [5] - There's nervousness about AI, but it's considered a good thing, unlike the tech bubble where concerns were absent [4] - Cloud providers are making a fortune as a result of AI [6] Earnings Performance - S&P 500 is expected to reach record highs for the third quarter in a row [10] - Current earning season shows an increase of 14% year-over-year, exceeding analysts' expectations of 65% [10] - Strong earnings provide a floor underneath the market, better than expected [8] Valuation and Multiples - The forward PE (price-to-earnings ratio) is around 22 to 23 [11] - The Magnificent Seven stocks are selling at 30 times forward PE, while the S&P 493 is selling at about 19 to 20 [12]
U.S. soybean farmers pitch China: Here's what to know
CNBC Television· 2025-11-10 11:57
Trade tensions between the United States and China currently cooling off after President Trump's recent trip overseas, but American farmers are still hurting from this dispute. Ununice Yun joins us right now with more on this. And Ununice, these are complicated times. Definitely complicated times, Becky.Uh the trade truce has raised hopes among American farmers that the worst may be over, but as I found out in Shanghai, it's not a done deal. Illinois soybean farmer Scott Gaffner has come to Shanghai to save ...
5 Things To Know: November 1, 2025
CNBC Television· 2025-11-10 11:50
Welcome back to Squat Fox. Five things to know ahead of the opening bell. Fizer winning a bidding war for the obesity drug developer Metsera.Now Metser is accepting a sween offer from Fizer late Friday citing US antitrust risks from another bid by Novo Nordisk. Meanwhile, shares of Dagio, they're higher. The company has appointed the former CEO of UK grosser giant Tesco as its new CEO.Dave Lewis is going to be taking over at the start of 2026. and UPS and FedEx grounding their combined fleet now of more tha ...
Senate reaches bipartisan agreement to end government shutdown now in its 41st day
CNBC Television· 2025-11-10 11:49
Government Shutdown Resolution - The Senate is taking initial steps to end a government shutdown that has lasted over 40 days [1] - Eight Senate Democrats joined Republicans to pass a funding bill, reaching the 60-vote threshold [2] - The shutdown could end within the next few days or the next week [3] Funding and Programs - The agreement funds parts of the government, including SNAP, agriculture, and veterans programs, for the rest of the 2026 fiscal year [3] - It continues funding for the rest of the government until January 30th [3] - The agreement reverses attempted firings of federal employees during the shutdown and ensures back pay for all federal employees [4] Healthcare Tax Credits - Democrats have been promised a vote on extending healthcare tax credits by the second week of December [4] - Senate Minority Leader Chuck Schumer and others are dissatisfied that the shutdown may end without a concrete deal on healthcare tax credits [5] Potential Obstacles - Senator Ran Paul has concerns with the bill and could potentially delay the process [7] - Any single senator could potentially hold things up [8] - The House has been given a 36-hour window to be called back to pass the Senate agreement [8]