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Cramer's Mad Dash: Circle
CNBC Television· 2025-06-30 14:05
All right, time for a mad dash. It's going to be one of the uh one of the great performing IPOs we've seen in some time. Yes, it's circle uh and the key to circle.It's a crypto ecosystem, but it's really the focus is on stable coin cuz right now we have tether and that's a little sketchy. This is a non sketchy and it's number two after tether in terms of usage. What I think's interesting, David, is if I were to tell you that JP Morgan on the upper left were to start this with an underweight outside our comf ...
How the CEO of Teach For All turned a college thesis into a global teaching empire
CNBC Television· 2025-06-30 13:57
So, um, I was a college senior. Our generation was known as the MI generation. People were convinced that we all wanted to go work on Wall Street.And that really didn't resonate. I felt I myself was just searching for a way to make a real difference against the inequities in our country. You know, I was a concerned college student, a public policy major, and and I felt that I wasn't alone.That we there was a there were a lot of people searching for that. And as I looked around, I realized the issue is in fa ...
LIVE: Senate votes on dozens of amendment’s to Trump’s domestic spending bill — 6/30/2025
CNBC Television· 2025-06-30 13:50
Senators on Monday began offering amendments to President Donald Trump’s megabill, following a weekend of tense negotiations to try to get the president’s second term domestic priorities through the upper chamber. The process, called a “vote-a-rama,” began shortly after 9 a.m. ET, and it was not yet clear how long it could go on. Eight hours or more is not unusual. Senators are allowed to introduce an unlimited number of amendments to the budget bill, forcing the chamber to cast back-to-back votes. For acce ...
The markets are telling us a message of growth and optimism, says Joe Lavorgna
CNBC Television· 2025-06-30 13:26
President Trump expecting to see his long-awaited reconciliation bill on his desk by this Friday. Joining us right now is Joe Leavia. He's counselor to Treasury Secretary Scott Bessant.Good morning to you. Morning, Andrew. We are getting closer.We have a what do they call it. A voterama taking place uh today. What do you think has to happen to I mean we've had a couple of different people even on the show this morning who said there's still some other reconciliation issues that really have to take place bef ...
This is still the most hated V-shaped rally, says Fundstrat's Tom Lee
CNBC Television· 2025-06-30 13:20
Why don't we talk a little bit about where the markets stand overall right now. Because we're looking at both the S&P 500, the NASDAQ, and the NASDAQ 100, all closing at new highs again on Friday. It's the best quarter uh for technology since the second quarter of 2020.What's happening, and how do you see this playing out. Well, this is still the most hated V-shaped rally. And it of course has a lot to do with when stock stocks fell in a waterfall decline into April.Nobody likes to be sitting on stock. So a ...
Trump on Powell: 'I'd love him to resign'
CNBC Television· 2025-06-30 13:19
I'd love him to resign if he wanted to. He's done lousy job. Look, uh, if you were there, you'd say, well, you know, the United States is doing well.They have no inflation, and if they do get inflation in a year or two, we'll put we'll start raising the rates. We'll get rid of the inflation, you know, and do other things. Uh, Biden had the worst inflation in the history of our country, 19%, but I think it was much higher than that.Frankly, they say 19%, they say. I think it's a lot higher than that. And we ...
Fundstrat's Tom Lee on being named chairman of BitMine Immersion Technologies
CNBC Television· 2025-06-30 13:07
Joining us right now is Funstrat's Tom Lee. He's also a CNBC contributor and this morning he's got some news. Bitcoin miner Bitmine Immersion Technologies announcing that Tom will become its chairman.Um Tom, welcome first of all. And this is some big news. It's kind of complicated, but probably suffice to say that you all are doing uh basically what Micro Strategy did uh with Ether.You're going to make Ether the purchases that you buy through this. you're going to set this whole thing up like this. You want ...
Surprising rise in mortgage delinquencies: Here's what to know
CNBC Television· 2025-06-30 13:07
All right, a new red flag in the housing market. Mortgage delinquencies. It's a sign of bigger trouble ahead.That's the question this morning. Diana Ol joins us right now with more. Diana, good morning. Good morning, Becky.Yeah, mortgage delinquencies are still historically low because home values have gone up so much in the last 5 years. But early this year, they began to rise just on FHA loans, which are generally used by lower income borrowers. But now, we're seeing something new.In May, a significant ju ...
Former Amb. Nicholas Burns: Don't think the U.S. and China are close to a comprehensive trade deal
CNBC Television· 2025-06-30 13:05
The US and China moving closer to a full tariff and trade deal, announcing a framework last week. Join us right now to talk about what could be next. Nicholas Burns, who served as US ambassador to China under the Biden administration, has worked under six presidents, both Democrats and Republicans, in his decade long career.He's now professor at Harvard University's uh Belelfford Center. And we welcome to the broadcast. How close do you really think we are at this point.I know we keep saying we're getting c ...
Heroic Ventures' Michael Fertik on investing in defense: The war machine is back on
CNBC Television· 2025-06-30 13:03
Defense startups have seen an influx of venture funding in the past year and two ongoing conflicts could propel innovation even further. Joining us right now is Michael Ferdick, a futurist, serial tech founder and founder of heroic ventures. A VC shop investing in AI and machine learning and sure there has been a lot of money going into defense.The question is are we in some kind of defense bubble or do you think that we are now walking into a a trend which therefore is some degree scary for society. If you ...