Today, Bitcoin soarses back to the $94,000 level. The second largest teachers union writes a letter to senators opposing crypto market structure legislation. And Samir Kerbage of hashts breaks down his expectations for markets and the firm's crypto forecasts for 2026.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Digital currencies are solidly in the green this morning as the Fed's December meeting kicks off.Markets are betting the central bank will lower its key overnight lending rate by another quarter ...

Julia, >> thanks so much. And Cheryl, thanks so much for joining us here today in your first TV interview in years. I understand you wanted to come on now to talk about these results of this Mackenzie Lean study.Why does it look like women are losing ground. Because about half of companies no longer think women's career advancement is a priority and 21% of companies say it's a low or not a priority at all. And those are the companies that participated in the report.So, in many ways, they're the best of them ...

Joining us to break down the trade and what other factors could influence prices is Phil Stribble. He's the chief market strategist at Blue Line. Phil, I have kind of like a running gentleman's bet with a friend in town about which way NATG gas goes from here because he says based on seasonal patterns and he would know in prior winters this is going to be a really cold one.These prices are going to go much higher. You add in the NAT the AI demand on data centers and all the like. What do you say about stayi ...

Joining us on set Joe Leavia he is counselor to Scott Besset treasury secretary of these fine the United States happy prefed day Joe thanks for joining us >> happy Tuesday >> yes or Tuesday uh what is your expect so what is your expectation from the Fed and then what would your hope from the Fed be if they are not the same thing the more interesting question Brian is where is neutral where is the neutral rate and the neutral rate is probably a lot lower uh than where many in the market think because you loo ...

Thank you, Kelly, and thank you, Dennis. Uh 54% gains year-to- date. A lot of that based on optimism about the overall capital markets environment.You said on your presentation earlier today uh at the Goldman Sachs Financial Services Conference, where we're at right now, that the industry is expected to have its second biggest M&A year in history. How much of that upswing is Goldman capturing, and do you see it following through into 2026. >> Leslie, thank you very much for being here.This is our 36th uh fi ...

Investment Recommendations - G Squared Private Well recommends Delta Airlines and Viking Cruises as potential beneficiaries of Fed rate cuts [1][4] - G Squared Private Well suggests Lowe's as a play on an improving housing market [8][11] Airline Industry (Delta) - Airlines are asset-heavy with significant debt, benefiting from lower interest rates [2] - Fuel costs account for approximately one-third of Delta's EPS [3] - Delta caters to higher-end consumers through premium seats, corporate travel, and international routes [3] Cruise Industry (Viking) - Cruise companies are asset-heavy, with high costs associated with building and operating cruise ships [6] - Viking targets high-net-worth individuals with river cruises in Europe and expeditions to the South Pole [7] - Viking already has 70% of its 2026 cruises booked, exceeding its 2025 run rate [7] - The IEA anticipates a potential oversupply of oil markets by 4 million barrels a day, which could lower fuel prices [6] Home Improvement (Lowe's) - Lower mortgage rates, potentially below 6% from the current average of 63%, could stimulate the housing market [9] - Lowe's benefits from increased remodeling activity and appliance sales [10] - Lowe's serves both the construction/professional market and the consumer market [10]

US AI Policy & Geopolitics - Questions the rationale behind prioritizing chip exports to China over US allies like UAE, Japan, and South Korea, especially considering their alignment with US interests and technological goals [2][3] - Highlights the inconsistency between limiting AI regulation at the state level due to national security concerns and simultaneously exporting advanced chips to China, a strategic rival in AI development [3] - Points out the potential risks of a fragmented regulatory landscape for AI across different states, while acknowledging the need for some level of state and local oversight, particularly in sectors like healthcare and consumer protection [5][6][8] Economic & Fiscal Policy - Criticizes the lack of logical consistency in US economic policies, particularly concerning revenue generation and fiscal decisions, referencing a significant reduction in national revenue (45% if interpreted as $4.5 trillion) following a major bill [10] - Expresses concern over the seemingly random and inconsistent nature of US policy decisions, questioning whether they contribute to a clear and consistent strategy beneficial for the US [11]

Regulatory and Political Landscape - Despite Trump's approval for H200 chip sales to China, Nvidia's shares experienced a 0.5% decrease [1] - A bipartisan Senate bill proposes denying export licenses for H200s and any Blackwell chips for 30 months, creating potential obstacles [2] - China could block H200 imports to favor domestic alternatives, despite Washington's current approval [4][6] Financial Implications - Margins could be negatively impacted by a 25% government surge, effectively reducing Nvidia's revenue per chip sold in China [3] - Wedbush and Bernstein analysts are hesitant to adjust their models, currently assuming no revenue contribution from China [5] Technological and Supply Chain Challenges - Advanced packaging capacity at Taiwan Semiconductor Manufacturing Company (TSMC) is strained, raising concerns about increased chip production for China [4] - Chinese domestic alternatives lag behind the H200 by approximately 12 to 18 months [4] - The H200 utilizes high bandwidth memory (HBM3E) AI memory chips, which are currently restricted by the United States for sale to China, adding uncertainty [4][5] Competitive Dynamics - Chinese regulators are considering restricting H200 chips to promote domestic alternatives from companies like Huawei and Cambercon, into which Beijing has invested billions of dollars [6]

Let's bring in Steve Whiting. He's the CIO of group of chief investment strategist. It's great to have you here. Good to see you again.Do you want to just top level address. I mean, do you favor the rate cut >> tomorrow. Well, look, if the Federal Reserve cuts as soon as possible, perhaps they can cut less.It really depends on how the economy evolves. And Steve Leeman's comment about, you know, a lot of the economy is just getting crumbs. Sub 1% industrial production growth, 2% drop in construction over the ...

Paul, I we all obviously sympathize with the point of view that if the labor market's worse than we realize, you might want to cut half a point, but the data that we've gotten seem okay. I mean, the jobless claims data alone would seem to tell you there's no major cyclical problem here. >> I think that's right, which is why I think the best way to describe what the Fed's doing now is completing the normalization process.They took off 100 basis points in 24. after tomorrow they have 75 basis points this year ...