the pivot that State Street is making. Everybody knows them for ETFs. We all kind of know the sector spider products and everything else, but you're making a pivot towards addressing more of the needs on the mutual fund side of things right now, which is very curious for me because it seems as though everybody for the past two decades has been trying to gravitate away from the mutual fund format into more of the exchangeraded fund format.What exactly is driving State Street's desire to be more actively part ...

Let's bring in MJP Wells, Brian Vendig, who's here with me at Impact in Denver. It's good to see you. Uh, your thoughts on this market are what.>> I I think this market's still a buy, Scott. I know people are talking about valuations and concerns, but we just go right back to earnings and we look at earnings coming in better than expectations. Outlook for 2026, 13% EPS growth year-over-year.Um, don't make it all about growth. focus a little bit on value and cyclicals especially if government reopens some of ...

Sonali Basak, iCapital, joins 'Closing Bell' to discuss Basak's thoughts on equity markets, if a December rate cut is at risk and much more. ...

Welcome back to Schwab Impact here at the Colorado Convention Center. Interest rates, they've been rising since Fed Chair Pal's more hawkish comments during last week's news conference. Kathy Jones is Schwab's chief fixed income strategist and joins us now.It's good to see you. >> Hi, Scott. >> What do you make of the back up in rates.>> You know, I think the market just got way over its skis and expectations for Fed easing. I'm not really sure why because the data weren't really that compelling. Um but now ...

The Bitwise Salana staking ETF started trading on the New York Stock Exchange exactly one week ago. And according to Faxet, the ETF saw inflows of $417 million over the past week, and Bitwise is reporting $67 million of inflows yesterday alone. Now that it has been exactly one week since its launch, how would you say this new ETF is performing so far.>> I think it's been a fantastic launch. Investors were clearly hungry for Salana exposure in a simple staking spot ETF and they've been buying BOL in droves. ...

turning waste into gigawatts. Oaklo announcing yesterday it's investing nearly $1.7% billion toward plans to open a firstofits-kind nuclear waste recycling facility. The Tennessee site expected to begin production by the 2030s.Joining us now first on CNBC is Oaklo CEO Jacob Dit. Jake, it's great to have you. This is very technical. So explain to us what this what this is.It's exciting to me about nuclear technology because nuclear reactors really only use about 5% or so of the fuel that gets loaded in them ...

Today, crypto prices take a break from this week's sell-off. A panel of federal judges expressed doubts they should grant an appeal of Sam Bankman Freed's fraud conviction. And Brad Garlinghouse, the CEO of Ripple, breaks down the company's growth plans from the firm's Swell Conference in New York City.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Major cryptocurrencies are getting some reprieve after the two-day selloff which brought Bitcoin below $100,000 for the first time in four months yesterday.As ...

very much. We're joined now by the head of advisor services for Charles Schwab, John Batty, and adviser Cheryl Penny of Dynasty Financial. It's great to have you both uh here, and we're happy, of course, to be at at Impact once again.I mean, Mike gave us a great setup. Do do you feel like this is a highly retailged environment. >> Well, as as we were talking about the retail trader versus the retail investor, this community is investors and they think about the long-term.They're building diversified portfol ...

AI Spending and Revenue - The market is scrutinizing whether AI spending translates into real revenue for companies [1] - AMD gave OpenAI 10% equity to secure their business, but the AI upside is still missing in its Q4 guidance [2] Hyperscaler Performance - Amazon and Alphabet shares hit record highs due to strong cloud growth boosted by custom chips, offsetting the "Nvidia tax" [3] - Google's Gemini model may power a revamped Siri in a deal with Apple worth $1 billion per year [3] - Microsoft lost right of first refusal on OpenAI's compute deals [4] - Meta reported a soft Q4 guide and is spending like a hyperscaler without a cloud business to justify the outlay [4]

Joining us now on the CNBC news line is Big Technologies Alex Canowitz. He is a CNBC contributor as well. It's so good to have you on on multiple fronts.AK, but your first reaction to this news that moved late yesterday that Schwab's a yes and they defended that decision with me earlier today. What do you think. >> I think it points to exactly where this is going to go, which is that Elon Musk is going to get this passed.And just like his last pay package, it's extremely ambitious for those that are bing at ...