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DVx Ventures' Jon McNeill: Tesla board will be wrestling with how product line-up can compete
CNBC Television· 2025-07-08 15:28
Street reacting to Tesla CEO Elon Musk's latest political gambit, the creation of the America Party, which did send the stock tumbling yesterday. Web Bush analyst Dan Ies today says the Tesla board must act and create ground rules for Musk. Joining us this morning is DVX Venture CEO John McNeel, a former Tesla president and Lyft executive, as well as a current GM and Lululemon board member.John, it's great to have you back. Thanks for the time this morning. You bet, Carl.Good to see you. I want to get you o ...
Keith Lerner: Here's why this market deserves the benefit of the doubt
CNBC Television· 2025-07-08 15:26
Let's turn back to the markets. Keith Lerner, truest wealth co-chief investment officer, joins us now. Keith, good morning.Um, wonder what you think the market requires at this point to to maybe continue this advance. It's been a very rapid recovery, one of the most uh rapid ones historically. Uh, and now, you know, I think people are mostly on board with the idea that things might turn out okay.Yeah. Well, great to be with you, Mike. I mean, we have used a lot of energy.Part of the reason why this market h ...
Trump: August 1st tariff deadline won't change and no extensions will be granted
CNBC Television· 2025-07-08 15:25
Trade Policy & Deadlines - The President has set a firm deadline of August 1st for country-specific tariffs to take effect, with no extensions granted [2] - This deadline is intended to be unchangeable, despite previous indications of flexibility [3][4] - Tariff rates could potentially fluctuate based on ongoing negotiations [4] Trade Negotiations & Partners - Trade negotiations involve multiple countries, including Japan, the EU, and India, with varying degrees of progress [7][8] - Japan and the EU are perceived as particularly tough negotiators [8] - Smaller deals with countries like Thailand, Malaysia, or Cambodia might be reached sooner [9] - The White House is prioritizing negotiations with the largest trading partners, which are also the most challenging [9] Cabinet Meeting Focus - The cabinet meeting will address the impact of the President's mega bill on each department [6] - Updates on trade negotiations are expected from the Treasury Secretary, Commerce Secretary, and the US Trade Representative [5]
Former U.S. Trade Rep. Ron Kirk: President Trump's trade policy is more performative than strategic
CNBC Television· 2025-07-08 15:22
President Trump issuing new tariff rates for a slew of countries this week while also delaying the negotiating deadline to next month. Joining us now is former US trade representative and Gibson Dunn senior counsel Ron Kirk. Ron, thank you very much, you know, for for being here with us.Obviously, a lot of tariff news in the last couple days, maybe even call it the last 12, 18 hours. Do you think this really moves the dial on the trade deficit with any of these trading partners. Is this accomplishing any of ...
Meta hires top Apple AI researcher
CNBC Television· 2025-07-08 15:08
Welcome back. Meta poaching another AI bigwig for its super intelligence lab. This time from Apple.Dear Jabosa has the details on Mark Zuckerberg's latest big hire. Hi Dave. Hey good morning.So that hire would be Roing Pong the architect behind Apple's foundational models. And he's not just walking away from a big job. He's walking away you could see it as walking away from Apple's entire AI thesis.Now, Pong ran a 100 person team that builds LLMs powering Apple intelligence. So, that's Genoji, writing tools ...
The tax on university endowments will more than quadruple under megabill
CNBC Television· 2025-07-08 15:00
The tax on many UN university endowments will more than quadruple in the new tax plan universities currently pay a tax on their endowment of 1.4%. Now the big bill creates three new tax rates based on the student adjusted endowment. So that's the total endowment divided by the number of students.So schools with adjusted endowments of between 500,000 and 750,000 they will still pay that 1.4%. Those between 750 and 2 million pay 4% and those above 2 million will pay 8% much better than the 21% that have been ...
ETF Edge: Midyear outlooks, active ETFs and Q3 themes
CNBC Television· 2025-07-08 14:51
Jay Jacobs, BlackRock U.S. Head of Equity ETFs, and Roger Hallam, Vanguard global head of rates, share their outlooks for the rest of year, key trends to watch in the ETF space and the strategy behind their firms’ latest funds with CNBC’s Dominic Chu. ...
Where index fund giant Vanguard is becoming more active in the market
CNBC Television· 2025-07-08 14:51
Roger Hallam, Vanguard global head of rates, sits down with CNBC’s Dominic Chu to discuss the firm’s new active ETFs launching this week, including its Vanguard Government Securities Active ETF. Hallam gets into the strategy behind the fund and why now is the time to go active. Jay Jacobs, BlackRock U.S. Head of Equity ETFs also joins the conversation. ...
Vanguard, Blackrock stock and bond experts on what to expect in 2025 market's second half
CNBC Television· 2025-07-08 14:46
Roger Hallam, Vanguard global head of rates, and Jay Jacobs, BlackRock U.S. Head of Equity ETFs, join CNBC’s Dominic Chu to share what they expect for the rest of the year, where rates are headed and what that could mean for investors in the ETF space. ...
CNBC's Most Valuable Sports Empires 2025
CNBC Television· 2025-07-08 14:45
goes into the calculation of how much an empire is valued because there's the sum of the parts just straightforward but then there's also some synergies that you might you know in that might enhance the valuation. Absolutely. That's exactly right.So the reason we use multiples that range from let's say 1.1% to 1.4% times the sum of the parts is because of the great scale you get. You can cross market sponsorships the knowledge you have. You know, the owners of the Commanders, who also own the Philadelphia 7 ...