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Beeple's robot dogs with human heads steal the show at Art Basel Miami
CNBC Television· 2025-12-10 17:30
It is the most viral work of art since the $6 million banana. I'm [music] Robert Frank from CNBC and we're going to take you inside the work called Regular Animals. It's the viral sensation by the artist Bele.Now, it's robot dogs with the faces of Mark Zuckerberg, Jeff Bezos, and Elon Musk. Each dog has a built-in camera that takes a picture. Those pictures are then excreted and they become NFTTS.Increasingly, for better or worse, our view of the world is largely shaped by these sort of like tech billionair ...
Warner Bros. Discovery bidding war is not over yet, says Oakmark’s Alex Fitch
CNBC Television· 2025-12-10 17:09
Joining us now is one of those shareholders, Oakmark partner and portfolio manager, Alex Fitch. Oakmark is the fourth largest shareholder in Warner Brothers Discovery after Vanguard, State Street, and BlackRock. It's good to have you, Alex.So, which way are you leaning as far as ownership for Warner, Paramount or Netflix. >> Well, I'm not sure it's actually ever going to come to that point where we're voting on these two specific deals. Uh, I strongly suspect this bidding war is not over yet.Uh if you think ...
Oracle's debt concerns loom large ahead of quarterly earnings
CNBC Television· 2025-12-10 17:05
Oracle reporting earnings. Sema Modi here with more on what to watch out for this afternoon. Sema >> Sarah and Carl, the number one topic investors want clarity on is Oracle's financing plan.How does it fund this mega data center buildout with its debt already exceeding hundred billion while also holding on to its investment grade credit rating. It's also got that jumbo bond sale of $18 billion a couple of weeks ago, the biggest of the year. That rattled markets, right.had sent Oracle's 5-year credit defaul ...
Tubi CEO on what she wishes she'd known early in her career
CNBC Television· 2025-12-10 17:01
Is there one thing that you know now that you wish you had known earlier in your career. [sighs] >> Nobody. Nobody's got to figure it out.Nobody. Uh I think I would always look up at people and be like they have all the answers, you know, and I and I don't. And now I just realize everybody's trying their best based on the information that they have and nobody's perfect and everyone's got imposter syndrome.And so bet on yourself and you have just as much a chance as anybody else as to be able to make an impa ...
PNC’s Yung-Yu Ma: Market will key off what the Fed emphasizes in its messaging
CNBC Television· 2025-12-10 17:00
Joining us here at Post 9 this morning is PNC Asset Management Chief Investment Strategist Young Yuma. Welcome back. It's good to see you.>> Thanks, Col. Great to be here. >> Um, we've been talking about how built in the consensus view is about this afternoon.Any reason to think there might be surprises. >> Well, the consensus view on a hawkish cut is pretty well established, but it's interesting sometimes when you get actually the result of the consensus. So, if the Fed delivers that hawkish cut, sometimes ...
Magnum CEO on Unilever spinoff: ‘We needed real focus on ice cream’
CNBC Television· 2025-12-10 16:51
Joining us now is Magnum CEO Peter Dulov. >> Thank you very much for joining us, Peter. Peter the ice cream guy is here.Um, so, so why why is this spin-off happening now. >> Uh, focus. Uh, Unilver needed to focus on this category and we needed real focus on ice cream.I now have 19,000 people who go to bed thinking about ice cream, who get up thinking about ice cream and we're able to infest behind a gross opportunity. and we don't have to balance that between all kinds of different categories in unilver but ...
SandboxAQ CEO Jack Hidary on partnership with Pentagon
CNBC Television· 2025-12-10 16:30
Cybersecurity Threats & Solutions - Sandbox AQ announces Active Guard, a cyber platform protecting against AI and quantum threats for the Pentagon [2] - The platform has been in testing for over two years with the Pentagon and DISA and is now in production [2] - AI is being used as a vector of attack, with a Chinese state-sponsored actor using Anthropic's code generation tool to attack 30 US firms [3] - 75% of companies are using Gen AI, but only 6% have a cyber defense plan for its use, highlighting significant vulnerabilities [4] - The Pentagon is concerned about quantum attacks from China, with "Q day" approaching when Chinese quantum computers can deconstruct RSA encryption [7][8] US-China Tech Competition - Constraining China's access to hardware requires balancing with the growth of Chinese chip companies [5] - Chinese chip companies like Huawei, Morethreads, and Cambricon are gaining traction, supported by a domestic ecosystem [5][6] - The US needs to ensure a level playing field for firms like Nvidia to access global markets [6] AI & Quantum Computing - AI attacks are happening more frequently, using Gen AI as a vector for infiltration into US companies and sensitive areas of the Pentagon [3][7] - Quantum computing advancements pose a threat to current encryption methods like RSA, used by the Pentagon and US companies [7][8]
Politics is now Americans' No. 1 money worry, financial planners say
CNBC Television· 2025-12-10 16:30
Market Trends & Concerns - Political climate surpasses traditional economic concerns as top issue for Americans when discussing finances with advisors [2] - Half of financial advisors' clients mentioned the political environment when discussing financial goals, exceeding concerns about inflation, market volatility, national economy, and rising healthcare costs [3] - Client emotions regarding 2026 are complex, with optimism, confidence, caution, uncertainty, and anxiety all present [3] Investment Strategies & Outlook - Clients are more likely to increase their investment levels in the coming year [4] - Financial advisors emphasize focusing on policies, not politics, and discussing goals with loved ones and financial professionals [4]
Prominent Senate Republicans express concerns over Nvidia’s H200 chip sales to China
CNBC Television· 2025-12-10 16:21
Welcome back. A number of prominent Republicans are speaking out about Nvidia's potential chip sales to China following that policy shift from the Trump administration. Emily Wilkins joins us now from Washington.So, this turns out to be pretty controversial. Emily, >> Sarah, it is. I mean, remember, look, just two months ago, the Senate did vote for a package that included banning those H20 chips from going to China.And even though that provision is now out of this larger package, there are still a lot of C ...
LIVE: Federal Reserve Chair Jerome Powell speaks on interest rate decision — 12/10/2025
CNBC Television· 2025-12-10 16:16
Interest Rate Policy - The Federal Reserve is expected to announce its third consecutive interest rate cut [1] - The anticipated rate cut is a quarter-percentage point (0.25%), reducing the key interest rate to a range of 3.5% to 3.75% [1] Key Personnel - Federal Reserve Chairman Jerome Powell will deliver remarks following the Fed's policy meeting [1] Media & Access - CNBC will provide live and exclusive video coverage of Jerome Powell's remarks [1]