Okay, so let's go back to what is an event for the marketplace. And by the way, we'll get more on this Lisa Cook situation in moments. But for more now on the record highs and the AI boom, let's bring in Joe Cusk.He is portfolio specialist at Calamos Investments coming to us from one of my favorite places, The Sibo. Tell everybody there, Joe, that we said hello. Love that place as well.Um, very quickly, I'm not going to ask you to dive into the politics of it, but are you surprised that all this brewhaha ar ...

all-time high for the S&P 500 as markets keep going up. The index crossing 6,500 for the first time ever. The move's all coming as Nvidia did not scare investors off with its earnings and guidance.The AI trade, in other words, keeps going. Yes, Nvidia did fall a tiny little bit today, but CEO Jensen Wong making bullish comments about the future of its business in China. So with the most important report of earning season out of the way, Jerome Pal making people believe that a rate cut is just around the cor ...

Let's turn now to the broader markets. 61% of NYC stocks are above their 200-day moving average. That's just about a year-to-ate high according to Goldman Sachs.So, how should you be playing this rotation in your portfolio. Well, joining me now is Bob Kaiser, co-CIO and senior market strategist at Aspire. Uh Bob, you say you can stick with large cap core and growth here.We have been bullish for two years. We've expressed that mostly by uh you know through large cap core exposure and also uh growth stocks as ...

Joining me now is Craig Johnson, chief market technician at Piper Sandler. Craig, this is different from an earlier guest who was sticking with the bigger name. So, what convinces you exactly about the small caps.>> John, thanks for having me on this afternoon. What convinces me about these small and midcap names is when we go back and just sort of look at the advance we've seen off the lows and we start looking at these mag seven stocks that have just been kind of treading water in here. John, we've been c ...

app. Shares of the retailer lower after an earnings beat, but revenue miss. Let's bring in Dana Telsey, CEO of Telsey Advisory Group.Uh Dana, this seems like a dramatic reaction. Does this have to do with the revised tariff expectations. >> That's what it is due to because when you take a look at the earnings, as you mentioned, they came in a little bit better than the consensus numbers.You did see the store sales weakened down 1%. online was stronger up 3% but the weaker gross margin with the merchandise m ...

Hi John. Yeah, so GAP earnings uh are out and it does look like shares are moving all over the place here. So for the quarter, GAP putting up an earnings beat of 57 cents.A street was looking for 55 cents. So that's a beat. Revenues missing slightly at 3.73% billion.The street was looking for 3.74% billion. Comparable sales, they did grow 1%, but that is about half of what the street was looking for. If you break down by brand, Banana Republic very strong, much more than expected at 4%.The street was lookin ...

Uh for more on this record market day now, let's bring in Kestre Investment Management Chief Investment Officer Cara Murphy and G Squared Private Wealth Chief Investment Officer and CNBC contributor Victoria Green. Welcome to both of you. Um let's see.Uh where should we start. Cara, an everything rally is a fair description of what we've had so far. How long can it continue.>> It's a good question. I mean, and we've been able to sort of consume and digest and move beyond a lot of negative information over t ...

Hey there, John. So, a firm shares down about 1% in after hours trading despite beating on both the top and bottom line. You've got EPS coming in at 20 cents.The street was looking for 11 cents. Revenue at 876 million, up 33% from a year earlier. The street consensus was 837 million.We're also seeing a beat on GMV for the quarter. That's a key metric looking at the total value of transactions coming in at 10.4% billion versus the 9.61% 61 billion expected. What might be weighing down on sentiment a little b ...

Market Trend & Analysis - The market is on pace for record setters across the S&P 500, potentially exceeding 6,500 [1] - Market breath improved significantly after Jackson Hole, indicating a positive sign for the overall stock market [2][3] - Cyclicals versus defensives risk ratios have broken out to year-to-date highs, signaling a positive risk environment [5] Sector Rotation & Investment Opportunities - The analysis suggests avoiding defensive, low volatility names and focusing on cyclical areas [5] - Energy sector is highlighted as a potential breakout opportunity, being one of the worst-performing sectors year-to-date [5][6] - XLE ETF has an unfilled gap around $93, suggesting a near-term target for potential gains [6] Sentiment & Positioning - Large speculators have the smallest net long position in crude oil relative to open interest in about 15 years, indicating skewed sentiment [7] - Breakouts are starting to be seen in many energy charts, such as XLE and XOP [7][8]

For more on the state of the business, we welcome in retailing legend Mickey Drexler. He is the former Gap and Jay Crew CEO. He is now the chairman of Alex Mill.Always stylish. And he is here in person at Post Nice. Nice to see you.>> You too, Scott. >> Um, is that that's how it is, right. It depends on what you sell and who you sell it to.Do we have like a bifurcated retail landscape now. >> You mean what you sell. uh buy.>> Yeah. I mean, if you're selling like clo if you sell clothes versus goods and if y ...