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5 Things To Know: July 2, 2025
CNBC Television· 2025-07-02 10:57
Five things to know ahead of the opening bell today. We're set to get a look at the jobs picture for June at 8:15 Eastern time. ADP is going to be releasing its latest look at private sector hiring.Now, economists expecting an addition of 120,000 jobs for last month. We're also standing by for second quarter delivery metrics that we're going to get from Tesla. Philip Bo will be bringing us those numbers as soon as they cross the wires.As of late last month, the consensus was 393,000 vehicles uh deliveries. ...
OpenAI CEO Sam Altman criticizes Meta's AI talent-poaching effort: Report
CNBC Television· 2025-07-02 10:55
Talent Acquisition & Competition - Meta is attempting to recruit OpenAI employees, but OpenAI's CEO downplays the significance, suggesting Meta is not acquiring top-tier talent [1][2] - OpenAI believes its shares offer greater potential upside compared to the publicly traded Meta [2] - Meta is offering substantial multi-year deals, reportedly worth $300 million, to attract scientists and engineers, with some receiving $100 million upfront [3] Cultural & Performance Implications - OpenAI raises concerns about the potential cultural impact within Meta due to high, guaranteed compensation packages, questioning the work ethic of new hires [4] - The industry observes that employees attracted by high paychecks may lack company loyalty and could easily leave for better offers [5] Large Language Model (LLM) Landscape - Meta is actively working to enhance its Llama LLM, but it is currently considered less successful than those developed by Anthropic, OpenAI, and Google [6]
Figma files S-1, plans public debut under ticker 'FIG'
CNBC Television· 2025-07-02 10:55
handling the. >> I don't know the answer, but it's I'm assuming it's a lot. Meantime, a Figma filing its S-1.By the way, I'm. I love this company. Just so you know, because I use this stuff and I think Figma is awesome.The design software maker planning to go public on the New York Stock Exchange under the symbol F I g. I don't know if I love it as a stock just. >> Right, right.>> Full disclosure, but the product. According to the filing, Figma reported $821 million in revenue over the past year, with a 46% ...
House lawmakers expected to vote on Senate-passed mega bill as early as today
CNBC Television· 2025-07-02 10:50
And the president's big tax and spending bill now on uh its way back to the House of Representatives this after passing the Senate by the slimmest of margins. Emily Wilkins is in Washington DC this morning. Uh staying up like all day, all night never stops for you.Well, maybe maybe it will stop today, Andrew. I mean, we're going to see here. But if it's going to pass the House today, then Speaker Mike Johnson, he's going to have to change a couple nos to yeses before starting on this vote for the mega bill. ...
Lightning Round: Wait for Oklo to come in, says Jim Cramer
CNBC Television· 2025-07-02 00:14
brilliantly. >> It is time for the lightning. To close my players out.And then the lightning round is over. Are you ready. Ski alert.I'm Judy in Pennsylvania. Judy. >> Hey, Jim.I'm a new student of yours. I inherited some money. Wanted to learn a little bit about the market and listen to you a couple of weeks ago.And did a little investing in I. >> Wow, you went right for the speculative. Okay.That's good. That's. But that's only going to be your one speculation.We are not going to do other speculations bec ...
'MNM' represents the sole survivors of a brutal quarter for Big Tech, says Jim Cramer
CNBC Television· 2025-07-02 00:05
Not Fang, not Magnificent Seven, just M&M's. The Soul Survivors, the brutal quarter from what used to be the most captivating group in the market. Yep.Only three of the Mega Caps finished the first half at all-time highs. And it's worth trying to figure out how that happened. How did Microsoft, Nvidia, and Meta managed to triumph, especially when all of their stocks had hit some pretty hideous darn levels earlier in the quarter.over their secrets. Don't miss a second of MadMoney. Follow Jim Kramer on X.Have ...
Jim Cramer talks his new Big Tech acronym 'MNM'
CNBC Television· 2025-07-02 00:04
>> Not fine. Not magnificent seven. Just Eminem's the sole survivors of the brutal quarter from what used to be the most captivating group in the market yet.Only three of the Mega caps finished the first half at all time highs, and it's worth trying to figure out how that happened. How did Microsoft, Nvidia, and Meta manage to triumph, especially when all their stocks had hit some pretty hideous darn levels earlier in the quarter. What were the secrets.Well, why don't we start with Microsoft. Here's the sto ...
Mad Money 7/1/25 | Audio Only
CNBC Television· 2025-07-02 00:00
Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer. Do you want to make friends? Look, I'm just trying to make you a little money. My job, not just to entertain, but to educate, to teach you. So, call me at 1800 743 CNBC. Tweet me at Jim Kramer. You are witnessing or I hope participating in one of the most equal opportunity bull markets I have ever seen. After allowing the data center power providers and the Palunteers to run free for the first half, this market has discovered the likes of Home Depot, ...
This is one of the most equal opportunity bull markets I've seen, says Jim Cramer
CNBC Television· 2025-07-01 23:49
You are witnessing or I hope participating in one of the most equal opportunity bull markets I have ever seen. After allowing the data center power providers and the Palunteers to run free for the first half, this market has discovered the likes of Home Depot, Builder First Source, Toll Brothers, and Lenar and a host of other stocks that could keep going up for many a day and still be nowhere because they've been such laggers. It's the best kind of bull market, the kind that broadens to new sectors, which e ...
Final Trade: AAPL, ANF, FCX, TGT
CNBC Television· 2025-07-01 22:30
Final trade time. Katie stocked in a fair lead. I'm looking at Target.So TGT, it has finally filled that gap down from April, which I see is their catalyst. Great to have you on the show, Katie. Thank you, Tim.Wonder if sweet green sales go down now that we know Dan's a regular. Just kidding. Uh Freeport, I think copper's going up, not down. And I think there's more there.Karen. Yeah. So I really like that retail rally today.Um, ANF had a very nice day, but I still think it's very huge. No long Nathan and y ...