Exciting news for the WNBA today. The league announcing new franchises will be coming to three cities, Cleveland, Detroit, and Philadelphia that will bring the total over the next five years to 18 teams. Let's bring in CNBC sports reporter Alex Sherman. Alex, yeah, big news, a a historic day for the WNBA today. You mentioned three new teams coming. Really, the WNBA is in fullon expansion mode right now. Golden State was introduced to the league this season. Toronto and Portland will be getting teams startin ...

also pave the way for combination Covid and flu shot. Meanwhile, China's manufacturing sector contracting for the third straight month as deflation fears ripped through the world's second largest economy. Inventory and employment data also declining.For more on China and ongoing trade tensions, let's bring in retail research founder and president David Riedel. David, great to have you with us. >> Thank you.>> We've got a few more economic readings under our belt, so to speak, since the China US trade war re ...

kind of a mixed bag between the two. >> All right, Steve, thanks, Steve Kovac, for more on the story, let's bring in D. A.Davidson, head of technology research. Gil Loria. Gil, great to see you. >> Good to see you.>> You know, this is obviously a report. We don't really know anything definitively. At the same time, if you're an Apple investor who is losing faith in Apple's, you know, AI ability, should this give you comfort that they are looking and plotting a plan B, so to speak.>> Absolutely. They need to ...

So as we close the books in the first half and look ahead to Q3, how should investors be positioned. And Karen, we are just welcome back. First of all, um we are discussing how extraordinary this quarter has been mindboggling.I mean so many just uh you know for obviously the April low was in itself extraordinary. So to bounce from that but just you know the uh Nvidia for example from 108 to 157 in the quarter. Yes they had good earnings but that can't be all of what happened there.So I mean the sentiment ch ...

Joining us now is Evercore chairman emeritus and black rockck co-founder Ralph Schlaststein right here on set. It's great to have you. Welcome.It's great to be here. Let's start right there. Uh because what what an incredible second quarter we had.Uh tariff tantrum. Is it over. Is is the fear about peak tariffs behind us.Well, I I think you can never say it's completely behind us because I don't think we have a absolutely certain path as to where the president and his team are going to take the tariff discu ...

Because the spending bill getting all the attention as the Senate voterama is underway, but the Trump administration is also racing to finalize trade deals as that July 9th deadline looms next week. So joining us now is Brian Gardner. He's Stevil's Washington policy strategist.Brian, it's great to have you back on. First going to start with one big beautiful bill and the fact that we even have a daytime voterama in the Senate. How unusual is that.Uh you know it we only get these every couple of years so it' ...

Let's begin with a market. Let's and what a strong quarter it's been on Wall Street. The Dow is up 4%.The S&P 500 soaring to 10%. The Nasdaq is higher by 17% tracking for its best quarterly gain in 5 years. So technology, communication services, industrials, discretionary are among the top performing sectors on the S&P 500 quarter to date.And joining us now with key things to watch in the second half is Richard Bernstein, advisor CEO. uh Richard Bernstein and City US equity strategist Scott Croner. I mean, ...

Tana, uh, Coinbase, bring us up to date. Yeah, Mike, up more than 40% in June for its best month since November. Third monthly gain in a row and first three-month rally since 2023.Not just the best performing S&P stock this month, it's also the only S&P stock to double quarter to date. Some clear themes driving the gains, including the Senate's passage of the Genius Act and Circle's successful IPO. Also, of course, it's very inclusion in the S&P 500 in late May.So, quite the debut here. Uh, this is also hap ...

Morgan, we have a transition when it comes to CFO of Boeing. Jesus J. Malave, former CFO of Lheed Martin, former CFO of L3 Harris, of UTC Aerospace, very experienced when it comes to being a chief financial officer.He will become the Boeing chief financial officer on August 15th. Brian West, who has been CFO over the last four years, who has steered the company through some really turbulent times in terms of capital raises and some challenges in terms of the balance sheet. He will now transition to a senior ...

Uh Ed, we now have a market that uh you know is has kind of completed whatever uh we're going to call what happened in the spring, that severe correction. In fact, one of the fastest rebounds from a 15% plus pullback in the S&P 500 we've seen. What does that tell us.And I guess what is the overall market behavior suggest to you. Yeah, Mike, it certainly has been risk on since the the April lows. We went through a retesting period for a couple of weeks, but then once we got into late April, it's been very mu ...