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Conflict in Iran could become much more problematic for the oil market, says Citi's Max Layton
CNBC Television· 2026-03-04 19:38
Let's bring in city's global head of commodities research, Max Leightton. Max, a lot has transpired since we last spoke. Welcome back.And um we mentioned your price target potentially of 90 near-term on Brent. Where are you for WTI. And how are you thinking through where the price could go.>> So the next week or so, we think we will be trading uh at 80 to90 on Brent and around $5 to $8 lower than that on WTI. I mean I I would just you know I'd really highlight that the risk is uh extremely high at the momen ...
Box CEO: AI agents will be the biggest users of software in the future
CNBC Television· 2026-03-04 19:29
And Dear Trabosa brings us box CEO Erin Levy to discuss that. Welcome to both of you, dear Joe. >> Thank you, Kelly, so much.And Aaron, thanks for making time. >> Yeah, thanks. Uh, good to good to be here.>> We talk to you every few weeks. >> Yeah, exactly. It's good to just have a pulse check of like what is going on with SAS.>> I think I called you like the SAS apocalypse spokesman at one person. >> I really don't want that uh position. Thank you.>> Remove that from whatever like label you guys have. >> F ...
Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low
CNBC Television· 2026-03-04 19:15
Mortgage rates hovered around a 4-year low last week, and that had both home owners and potential home buyers calling their lenders. Now, total mortgage application volume rose 11% from the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. And last week, the average rate on the 30-year fixed was unchanged at 6.09% for conforming loans with 20% down.That's the lowest since 2022. Now, last year, that rate was 64 basis points higher. Applications to refinance a home loan ...
Nubank Scores One Of MLS' Largest Sponsorship Deals, Lands Inter Miami Stadium Naming Rights
CNBC Television· 2026-03-04 19:02
It's an exciting year for soccer in the United States, ahead of the World Cup, which is expected to increase engagement and build fandom across the United States. With me now is the managing owner of inter Miami, Jorge Ms, and also Christina young Cara, who is the co founder of new bank. And I understand Christina, you have a big announcement to make here with Jorge.That's true. Today, we're unveiling a phenomenal partnership that we have strikes with inner Miami. We're going to be naming their brand new st ...
Sen. Fetterman: I believe I'll be the only Democrat to vote against reining in Trump's war powers
CNBC Television· 2026-03-04 18:45
Well, I I can't really speak for the rest of my colleagues in the Senate because I believe I'll be the only Democrat that's going to vote against it. So, I think there's been like an emerging kind of dynamic. Uh I I think it's to be objectively fair that I think the things that happened so far has been very very positive and a strong development.Why can't you just admit like a lot of really good positive things happen and now like I'm you know so it's absolutely I'm proud to stand and support Israel now if ...
Disney's largest cruise ship debuts
CNBC Television· 2026-03-04 18:25
The Disney Cruise Line is about to get bigger, a lot bigger. This month, the company's eighth and largest ship, the Disney Adventure, will embark on its maiden voyage in Southeast Asia. The vessel accommodates a whopping 6,700 passengers, about 2/3 more than the capacity on Disney's Wishclass ships.Not only is this Disney's largest cruise ship, it's also its first to sail in Asia. The Disney Adventure will make its birth in Singapore and provide guests with three and four voyages at sea. This expansion into ...
Squawk Pod: Bessent on global oil trade - 03/04/26 | Audio Only
CNBC Television· 2026-03-04 18:06
Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, Treasury Secretary Scott Bessant on the state of the global economy and the game change offered by the strikes against Iran.The Iranian regime was the head of the snake for global terror and we are going to cut off that head and the Iran will no longer be able to project terrorism around the world. >> Bessant says he is about to make a series of announcements to support oil trade in the Gulf. >> This was a well telegrap ...
Anthropic tops $19 billion in annual revenue rate
CNBC Television· 2026-03-04 18:00
Speaking of, well, let's turn to anthropics. Some new reporting surrounding its growing revenue numbers. Kate Rooney joins us now.My biggest question, Kate, is this is this before or after the fight with the Pentagon. Right before, Sarah, these are sort of current numbers as of the last couple of weeks here, but really during. And you mentioned that face off with the Pentagon.While that was happening, its AI business has been booming behind the scenes, at least from what we're hearing. I am now hearing that ...
U.S. sub sinks Iranian warship, Hegseth says
CNBC Television· 2026-03-04 16:30
Yesterday in the uh Indian Ocean, and we'll play it on the screen there, an American submarine sunk an Iranian warship that thought it was safe in international waters. Instead, it was sunk by a torpedo. Quiet death.The first sinking of an enemy ship by a torpedo since World War II. Like in that war back when we were still the War Department, we are fighting to. ...
LIVE: President Trump participates in a roundtable on Ratepayer Protection Pledge — 3/4/2026
CNBC Television· 2026-03-04 16:04
President Trump to make his first live public comments on Iran since the war started, a White House official confirmed. Major tech companies to join President Trump at the White House to sign the Ratepayer Protection Pledge on Wednesday. The pledge unveiled at the president's State of the Union address is to protect Americans from price hikes due to data center energy requirements. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https:// ...