We've been very dismissive of this government shutdown on Wall Street. You know why. Because we've been through so many of them.They usually mean nothing to the stock market. Well, it turns out this one is different. The government's now been closed for 37 days with no time whatsoever.The two parties even trying to reach an agreement. It's taking too darn long. At this point, it doesn't feel like a distraction anymore.In fact, when you look at today's selling with the Dow sinking 399 points, >> S&P losing 1 ...

[Music] Final trade time, Tim. It >> was kind of a fun show. I don't know.Just good good last day. We have Tento. I don't think that's that's Well, it's going to be fun, too.Sorry, Karen. >> Yes. Happy anniversary to my husband.He's the luckiest guy in the world. That would be a Dan joke there. Uh, for my final trait, affirm.I really like that quarter, Courtney. Uh, Philip is 66 in the mid-stream refining space. Think this something you want to take a look at.>> And the Gallup kids wish their mom and dad a ...

[music] Welcome back to fast money earnings alert on a firm shares of the buy now pay later uh company spiking 11% after hours the company delivering earnings and revenues that exceeded Wall Street estimates the conference call is underway CNBC's Mackenzie Sagalas got the latest Mac. >> Hey Mel so firm shares are rallying after hours as transaction volume jumped 42% in the quarter. CEO Max Lechin opened the earnings call though by pointing to their new 5-year deal with Amazon as a major win.Indeed, a key mo ...

Let's good war on Musk's potentially massive payday with fast money friend Gene Munster. He's a managing partner at Deep Water Asset Management. Um I I don't know if you thought this was a sure thing, Gan, but I mean to have some notable investors like the Norwegian Sovereign Wealth Fund vote against uh you know turn this sort of into a nailbiter.What does this mean. What sort of path is now cleared for for Tesla now knowing that Elon Musk will in fact stay. Well, like you said, it was not a foregone conclu ...

Hey, Melissa. Well, yes. Uh, lawmakers were informed that the Congressional Budget Office has had a security incident.Washington Post going a step further and reporting that they were hacked by foreign actors. The Congressional Budget Office did confirm confirm to CNBC in a statement uh that they have identified a security incident, have taken immediate action to contain it, and have implemented additional monitoring and new security controls to further protect the AY's systems going forward. They say the i ...

For more on the hyperscaler debt explosion, let's bring in Bond Click CEO Chris White. And we by explosion, we mean just the amount of issuance, not that anything bad has happened. Chris, great to have you with us.Just wanted to be clear on that. How do you interpret uh the widening spreads that we've seen recently. Is it is it fears about how this money is being spent, fears about the companies themselves, or is it the anticipation that there's going to be so much more supply hitting the market.Well, first ...

Well, as this doubt has been brewing about the hyperscalers, they have been rushing to the bond market to help fund their AI ambitions. The amount raised by companies like Met and Oracle ballooned to more than $75 billion. That's just since September.The chairwoman has been watching this trend. She's got the fine print tonight on it. As she does the fine print, I want to thank Andy Conson at Damp Spring uh for putting this together.So this is some hyperscalers how their spreads have moved which is a sign of ...

Market Concerns & Potential Correction - The Fed's concern about the labor market is validated by recent numbers, but high ISM services data suggests persistent inflation, putting the Fed in a difficult position [1] - Bitcoin's underperformance and VIX trends indicate a risk-off sentiment [2] - Stock price action of companies like Oracle, Amazon, and Apple suggests potential for further market decline [2][3] - The market retracement is considered a normal pullback after a significant run, but further selling is anticipated [4] - White-collar job losses are a concern, potentially impacting consumer spending and companies exposed to consumer lending [5][6] Economic Indicators & Fed Policy - Conflicting signals from the Fed regarding inflation vs job losses create tension in the market [7] - The S&P 500 was 13% above its 200-day moving average, and the Roundhill Magnificent Seven ETF was trading around 30 times forward earnings, indicating overextended valuations [8] - Concerns about a slowing economy raise questions about justifying high valuations [9] - Investors are taking profits and moving into safety trades like treasuries [10] Investor Sentiment & Future Outlook - There's a prevailing "buy the dip" mentality among investors, but the sustainability of this strategy is questioned [10][11][13] - Expectation that the VIX is headed to 25, suggesting another wave to the downside [12] - The current dip is not significant enough, a larger dip is expected before considering it a buying opportunity [13] - Expectation that the VIX could go much higher, potentially exceeding levels seen during Liberation Day or last year with Japan [14]

Rockwell Automation hitting an all-time high after better than expected sales growth for fiscal 2026. Earnings and revenue also came in higher than expectations. Rockwell also saying it is dissolving its joint venture with SLB.Joining us now exclusively is Rockwell Automation chairman and CEO Blake Morett. Blake, it's great to have you back on the program. Welcome.>> Great to be here. >> You know, uh, Wall Street really seeming to hone in on your guidance for 2026. What does it signal both about the company ...

Labor Market Overview - LinkedIn's jobs report indicates a 6% year-over-year decrease in hiring for October [1] - The hiring rate on LinkedIn is down more than 24% compared to pre-pandemic levels [1][3] - The job market shows stability with hiring and quits remaining consistent with September figures [2][3] - The number of available jobs relative to job seekers on LinkedIn has remained relatively stable [3] Impact on Graduates - College graduates with bachelor's degrees in entry-level roles are performing in line with the overall labor market [5] - Individuals with advanced degrees (MBAs, JDs) are experiencing worse job market outcomes [5] Industry Specific Slowdowns - Industries such as technology, media, legal, accounting, consulting, and financial services have experienced the most significant slowdowns due to rising interest rates [6] - These industries have been disproportionately affected by the labor market slowdown [6]