Workflow
CNBC Television
icon
Search documents
Perplexity makes unsolicited $34.5 billion bid for Google's Chrome browser
CNBC Television· 2025-08-12 16:11
Getting a news alert this morning on Google. And for that, we'll turn to Mackenzie Sagalos. Hey, Mac. >> Hey, Carl.So, the Wall Street Journal is reporting that AI startup Perplexity is making a surprise $34.5% billion offer to buy Google's Chrome browser, even though Perplexity itself is valued at just $18 billion. Now, this unsolicited bid comes as a federal judge is weighing right now whether to force Google to sell Chrome to loosen its grip on web search after that ruling last year that the company ille ...
U.S. Social Security Commissioner: I have no concern about the future
CNBC Television· 2025-08-12 16:11
warning of a 1929 style depression in a letter to federal applet court currently weighing the future of the tariffs all as we approach the 90th anniversary of the social security act this week. Joining us here post 9 is social security commissioner Frank Bing Nano. It's great to have you commissioner.I mean we haven't talked to you. You you were leading this big company Fiserve in financial you know payments company and now you're leading social security in America. How different is that.Well many of the th ...
Why there is 'no obvious reason' for lower interest rates
CNBC Television· 2025-08-12 16:00
Should rates be lower. It is difficult to make the case of that at the moment in my view because uncertainty about a future inflation. You know the so far the pass through of tariffs into higher prices has been very modest but we're still in early stages in the long list of issues regarding uncertainty.Inflation is high among that list. So that would be in line with what chairman Powell has been pointing to on data dependence in the course policy. You know the signs that there is this overwhelming weakening ...
JPM's Gabriela Santos: Inflation report shows very gradual passthrough of higher tariffs
CNBC Television· 2025-08-12 15:44
Stocks are climbing this morning following a tamer than expected inflation report with blue chips and small caps both outperforming on the day. Groups like energy, financials, communication services all doing well. Joining us here at Post9, JP Morgan Asset Management's chief market strategist for the Americas, Gabriella Santos.So we are seeing this that it's it's less about big tech for a change and more about everybody else. What do you think is driving that. So I think in terms of the inflation report thi ...
Republican NYC-Mayoral candidate Sliwa on tax policy, congestion pricing and business in New York
CNBC Television· 2025-08-12 15:42
community has been watching the New York mayoral election very closely. We have brought you right here interviews with candidates Eric Adams and Andrew Cuomo. They're both running as independents after losing the Democratic primary to democratic socialist Zoran Mamdani.Republican Curtis Sliwa also in the race. He's currently polling third. I spoke with him yesterday about some of the key issues for the city, but I had to start with why he is no longer wearing his signature red beret.Barely recognized him. L ...
AMC CEO: Earnings show the movie industry is finally back
CNBC Television· 2025-08-12 15:40
possible impacts. Carl, I'll send it back to you. >> Silvana.Thanks. Let's get to some earnings. AMC this morning lower.Despite significantly narrowing losses in Q2, posting record posting, revenue growth and an increase in attendance. Box office hits like Minecraft, Lilo and Stitch, Cintas and F1 bringing moviegoers back to the cinema. AMC chief Adam Aron is with us this morning to talk about the quarter and the overall industry.Adam, welcome back. Good to have you. >> Good morning.You know, with all the h ...
Hulu to be 'fully integrated' into Disney+ in 2026
CNBC Television· 2025-08-12 15:30
Another shakeup in the streaming space. Disney just announced it's going to phase out Hulu as its own app and fully integrate it into Disney Plus. It says the new unified streaming app will be available starting in 2026.And on their earnings call, Disney Exec hinted at different pricing options depending on what exactly you want. The hope is to have a wider range of offerings while boosting profit for the Mouse House. Though the standalone app will be gone, Hulu will finally go international as an entertain ...
There's now downside risks to the labor market, says Morgan Stanley's Ellen Zentner
CNBC Television· 2025-08-12 15:27
Let's begin with this morning CPI data. Joining us this morning, Morgan Stanley, wealth management, chief economic strategist and global head of thematic and macro investing, Ellen Zener is here post9. E, it's great to have you back.>> We've been talking all morning long about the print red versus expectations versus the direction of travel and whether the latter is a little more worrisome. >> Uh, I don't think either is worrisome. I mean, in my view.Uh and look, it's been very difficult for the Fed to uh s ...
Kansas City Fed president: Modestly restrictive policy stance remains appropriate for time being
CNBC Television· 2025-08-12 15:26
And we've got actually more Fed headlines related to all of this just hitting. Steve Leeman here with that. Steve.>> Yeah. Another wrinkle in the conversation. Kansas City Fed President Jeff Schmidt kind of hawkish here says retaining a modestly restrictive policy stance remains appropriate for the time being.He supports a patient approach to changing policy. Schmidt is a voter this year from Kansas City. He says growth remains solid, inflation remains too high, and policy should remain modestly restricted. ...
President Trump on Goldman Sachs CEO David Solomon: Maybe he ought to focus on being a DJ
CNBC Television· 2025-08-12 15:24
Commission free today with no account minimums. >> The president posted on Truth Social a few moments ago about tariffs and inflation, and calling out Goldman Sachs and chief David Solomon. In so doing, he writes, the trillions of dollars are being taken in on tariffs, which he says has been incredible for our country and our stock market in general, wealth and just about everything else.It's been proven, he says, that even at this late stage, tariffs have not caused inflation or any other problems for the ...