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Watch CNBC's full interview with CMS Administrator Dr. Mehmet Oz
CNBC Television· 2025-11-07 13:29
Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz joins 'Squawk Box' to discuss the details of the deal between the White House, Eli Lilly and Novo Nordisk to slash prices of obesity drugs, impact of the government shutdown on health care, fate of the ACA subsidies, and more. ...
There's a reckoning happening across both bitcoin and Wall Street, says Anthony Pompliano
CNBC Television· 2025-11-07 12:54
Crypto Market Overview - Discusses the state of crypto [1] - Addresses bitcoin price trends [1] - Analyzes recent volatility in the crypto market [1] Company Focus - Features Anthony Pompliano, founder and CEO of Professional Capital Management [1]
Planning for flight reductions during shutdown: What travelers need to know
CNBC Television· 2025-11-07 12:53
Travel Disruption Overview - FAA ordered a 10% reduction of flights across 40 major US airports due to the government shutdown [1] - Approximately 1,800 to 2,000 flights a day could be impacted at these 40 airports [2] - Over 800 flights have already been cancelled [2] Traveler Recommendations - Download the airline's app and enable notifications for updates on cancellations and schedule changes [3] - Plan for off-peak travel, such as leaving on Thanksgiving Day and returning on a weekday, to avoid weekends [3] - Airlines are obligated to provide refunds for cancelled flights, even for non-refundable or basic economy tickets, in the original form of payment [4] - Some major airlines may offer refunds or waive cancellation fees for customers who want to make changes or cancel their travel, even if their flights aren't impacted; check the airline's website for updates [4][5] - Traditional travel insurance may not cover costs related to this disruption unless you have "cancel for any reason" or "interruption for any reason" benefits [5] Travel Insurance Considerations - Travel insurance policies vary, but coverage may apply if the airline classifies the disruption as a "common carrier disruption," typically for mechanical issues [7][8] - The extent of travel insurance coverage is uncertain, but policies with "cancel for any reason" or "interruption for any reason" benefits offer more flexibility [8] Credit Card Benefits - Certain credit cards, like a platinum AMX, may provide access to airport lounges while waiting [9] - Travel insurance coverage may be available through some credit cards, but it's generally recommended to first seek relief from the airline [9][10]
We now have clarity on Tesla's direction and leadership commitment, says Joe Tigay
CNBC Television· 2025-11-07 12:36
Company Strategy & Vision - Tesla shareholders approved CEO Elon Musk's compensation package with 75% support among voting shares [1] - The vote is viewed as a green light for Tesla's future roadmap, built on physical AI, 1 million Optimus robots, and 1 million robo-taxis [2] - Tesla needs to deliver on its milestones for Elon Musk to receive the compensation [3][4] - A potential future direction for Tesla involves buying a stake in X AI to integrate physical AI [11][12] Leadership & Succession - The compensation package removes key person risk, indicating confidence in Tesla's future under Elon Musk [5] - Finding a successor for Elon Musk is in the very early stages [9] - The hope is that the successor will come from the design side, similar to other transformative mega-cap companies [10] Investment & Potential - The approved compensation is milestone-based, not guaranteed, and tied to Tesla's success [3][4] - The market will ultimately decide if Tesla achieves the milestones and provides returns to shareholders [4] - There is enormous potential in humanoid robots and physical AI [13]
Powers: Concentration risk is the biggest risk in the market
CNBC Television· 2025-11-07 12:33
Hey man, I want to start with your word of the day. It's blindside. Do you think investors have been blindsided.What's going on. >> Yeah, kind of a good way to say it. I mean, we're deep into football season and it kind of sounds like a reference to that, but it's not.I mean, we chose the word. I chose the word because I think investors get or could get blindsided here if the concentrated side of the market starts to unwind. You know, when you got too much money piled into too few names, even a small shift ...
Kantrowitz: The U.S. should build its own sovereign AI models
CNBC Television· 2025-11-07 12:33
AI Development & Investment - The discussion revolves around whether the US federal government should financially support AI companies to maintain US dominance in AI, especially considering competition from China [1] - Concerns exist regarding the US taxpayer bearing the risk of financing AI development, particularly for companies like OpenAI, given the existence of other AI companies like Google [2] - The idea of a "sovereign AI" is raised, questioning whether the US should develop its own federal large language model and data centers, similar to other countries [3][4] - Building its own foundational models and compute infrastructure would allow the US to reduce reliance on the private sector for AI [5] Government Role & Data Utilization - The US government could invest in AI companies or develop its own internal AI company [6] - A public-private partnership or a new government division could synchronize disparate government data and apply AI to improve services for citizens [6][7] - The US government's data is spread across numerous systems, hindering its effectiveness [7]
Rhind: This is a merit based package with steep milestone
CNBC Television· 2025-11-07 12:30
All right. Well, looking at the action in Tesla this morning, shares are up just like 1%. Kind of a muted reaction.A lot of us thought this was a big deal. Does this a sign that Tesla shareholders never really thought he was leaving the fact that we're not seeing a bigger jump in the stock. >> Yes, I think that um for Tesla shareholders, this was very much the case.So, they wanted to tie him to the company. I don't think anybody seriously believed that he was going to leave. However, the pay package and tyi ...
Worldwide Exchange: ETF Flows Week of November 3
CNBC Television· 2025-11-07 12:29
Welcome to CBC. com. I'm Frank Colin, anchor of Worldwide Exchange.We are taking a look at the ETF market, which as of today has $1.13% trillion in net inflows, just a tick below the record set last year. And we are on pace for another record year this year. With that, I want to bring in my guest for today.It's Anaket Ulfra, head of their ETF business. Anakette, thanks for joining us. >> Thanks for having me, Frank.Um, first off, let me talk to you about the fact that ETF inflows are going to hit a record f ...
ETF inflows surge as health care names lead gains amid easing headwinds
CNBC Television· 2025-11-07 12:28
Turning to the ETF market right now. We're tracking ETF net inflows that are now over$1.13% trillion dollars year to date. Almost at last year's record.We're also tracking the moves above and below the 30-day moving averages for the popular index funds, the spy and the triple Q's. Top inflows this week, they went to the IWMSares Russell 2000 ETF. That's a small cap ETF. Of course, that was followed by the LQD, the iShares uh investment grade bond ETF, and the JR, the EyesShares Core S&P Small Cap ETF.a lot ...
The Wrap-Up for Friday November 7
CNBC Television· 2025-11-07 12:27
Company Strategy & Product Development - Nvidia CEO 表示,没有关于在中国销售最先进的 Blackwell 芯片的积极讨论[1] - Nvidia 即使获得白宫对其降级版 H20 芯片的批准,也不计划向中国运送任何产品[1] - 据报道,福特公司正在考虑永久停止生产其全电动 F-150 Lightning 皮卡,原因是亏损不断增加和一些具有挑战性的市场条件[2] - 福特公司一直在评估其未来的电动汽车计划[3] Regulatory & Policy Impact - 美国监管机构正在阻止 Nvidia 向中国销售其他版本的降级版 AI 芯片[2] - 白宫正在呼吁联邦法官下令特朗普政府在今天之前全额支付 11 月的 SNAP 福利[3] - 欧盟监管机构据报道正在考虑暂停至少部分针对 Meta、Alphabet 等公司的具有里程碑意义的 AI 规则[5] Market & Economic Trends - 中国 10 月份的出口意外下降,为 8 个月以来的首次[4] - 当月,除美国以外的所有国家的出货量增长 3.1%,而对美国的出货量下降超过 25%[4] - Blackstone 正在清算一项价值 18 亿美元的高级住房投资,亏损超过 6 亿美元[5] - Blackstone 已售出约 90 处房产中的 70 处,其中一些房产的售价比最初购买价格低 70% 以上[5]