Market Concerns & Risks - CoreWeave stock is experiencing downgrades due to analyst concerns about near-term overhang following the announcement of acquiring Core Scientific [1] - City places CoreWeave on a 90-day downside catalyst watch due to lockup expirations, with approximately 85% of class A shares becoming available next month [1][2] - The all-stock deal for Core Scientific reveals a 30% spread, indicating high borrow costs rather than uncertainty about the deal closing [3][4] - Options market suggests a forward price of $120 for CoreWeave in October, raising concerns given the stock's 4x increase since its IPO and the all-stock deal at a near-term peak [5] - Potential slowdown in demand and rapid upgrade cycles from Nvidia (Hopper, Blackwell, Reuben) could pose problems for companies heavily invested in AI chips [6] CoreWeave & Core Scientific Acquisition - CoreWeave's acquisition of Core Scientific involves shutting down and repurposing some of Core Scientific's infrastructure, including Bitcoin mining operations [11][12] - The acquisition provides CoreWeave with approximately 2 gigawatts of incremental power, considered a good deal if synergies are realized [11] - The acquisition is viewed as a play to increase CoreWeave's share in the AI hyperscaler market, but carries execution risk [12] AI Market & CoreWeave's Position - Industry fundamentals are positive in the near term, with revenue forecasts increasing due to large contracts, such as a $30 billion annual deal from Oracle [7] - CoreWeave is heavily leveraged to the AI data center build, making it more susceptible to near-term disruptions like chipset delays or slowdowns in demand [8][9] - Long-term concerns exist regarding depreciation accounting and rising competition, with CoreWeave viewed more as a data center provider than a true software company [9]

All right, let's get more in the banks with Chris McGrady, head of US Bank research at KBW, a steel company. The firm announcing just in the last hour that he is taking over coverage of large cap banks, upgrading several names, including Morgan Stanley and JP Morgan. Chris, great to have you with us. Melissa, good to see you.Um, let's start off with with the uh the upgrades or the move highers in in the ratings with your your initiation of coverage. JP Morgan for instance we're talking about in terms of the ...

Welcome back. Today marks the threemonth anniversary of the S&P closing lows. It's up nearly 25% since then, one of the fastest recoveries on record.So, could more upside be on the way. Let's take a look at what the charts are saying with Katie Stockton from Fairlead Strategy. She's also a CNBC contributor.Great to have you here, Katie. Good to be here. So, do the charts tell you that we can continue buying here.What should we, what shouldn't we. I think we wait to add exposure, but what we did see recently ...

Okay. Well, President Trump holding firm on his August 1st deadline for tariffs to kick in, saying today on Truth Social, quote, "No extensions will be granted." Despite the threat of tariffs on everything from semis to pharmaceuticals to copper, volatility remained low. Stocks were fairly muted.Are investors starting to believe tariffs won't have a meaningful impact on the economy. Well, joining us now is Afsani Bash, founder and CEO of Rock Creek Group and former Carile Group Partner. She is also the form ...

Yeah, there John. Uh Apple telling uh saying in a press release here that COO, chief operating officer uh uh Williams, Jeff Williams is going to be stepping down from his role at the end of the month. He's going to be replaced by longtime executive uh Sabi Khan and will take over as CEO.Now, Williams is going to stick around reporting directly to CEO Tim Cook for some time. He'll continue to oversee the design group and some of the other operations, also some of the health operations over there at the compa ...

streaming. Go to CNBC. com plus now.>> Welcome back. Tech stocks driving the S&P 500 today to a new intraday high yet again. Our next guest says to stick with those winners in the second half of the year.Joining us now at post nine is Michael Pappas of Advisors at Rockefeller. Welcome back. Great.So you still want to ride this this winning trade. Why so. Look, I just think.>> Again technology is changing everything that we have. The metrics have actually changed in the way we evaluate jobs. I think this is ...

Oh, we're definitely in the eighth or ninth inning with these counterparties. So, what's happened is many of these countries have made us offers to finally open their markets. You know, they just they go slowly, they go with it, and then finally they come to the table at the very end and they start to open their market. And the key is the president wants to balance our trade deficit with the fact that these countries are finally finally opening their market. And if you have something like Vietnam where they ...

tariff turmoil and whether it's still going to hit the economy in the stock market or not. Let's ask Tom Lee. He's Fund Strat's chief investment officer and head of research.He's here with us at Post 9. I mean, the market, Good to see you, by the way. Great to see you.The market clearly doesn't think that tariff turmoil is going to going to hit the economy and uh and stocks. Is that the right way to think about it. Well, I think the economy we've had enough data to know that the tariffs aren't necessarily h ...

So copper is finished. We've done with our study. We've handed the study over to the president. The president knows that he has the ability since we've studied the market of copper to set the market tariff for copper.He announced it today at the cabinet meeting that he intends to go to 50% which will be similar to steel and aluminum which are both 50%. So copper will be 50%. And the idea is to bring copper home, bring copper production home, bring the ability to make copper, which is key to the industrial s ...

Today, President Trump's media and technology group files to list a new crypto ETF. Robin Hood CEO Vlad Tennviv defends the company's Open AI and SpaceX stock tokens. And Elliot Chun of Architect Partners discusses the recent wave of crypto M&A activity.Welcome to CNBC's Crypto World. I'm Pelia Kaplan. Crypto prices are mixed along with stocks after President Trump offered no exceptions to his August 1 tariff start date.As of noon Eastern, Bitcoin traded flat, still holding on to the $18,000 level. Aether r ...