Bessent Says Fed Chair Powell Could Be Replaced by Someone From the Private-Sector
Bloomberg Television· 2025-08-13 12:58
You get the opportunity to remake the Federal Reserve. The president gets the opportunity to remodel, reshape the Federal Reserve. And I'm not talking about the remodeling that maybe the chairman's gone through.We're talk about that another time when it's talk about the complexion and character of the committee, the changes that you're making at the moment. Stephen Morrow, let's start with Stephen. How quickly can you get Martin confirmed.Well, we'll see. The president has great sway with leader assume lead ...
Cava CEO Brett Schulman on Q2 results: Very excited about the long-term trajectory of the business
CNBC Television· 2025-08-13 12:54
great was a great, great kind of cloudy Washington, D. C. This morning, but a nice shot of the Capitol is down lower this morning after the fast casual chain reported second quarter revenue and same store sales that missed estimates, the company also trimming its sales outlook for the year as it tries to top last year's very strong numbers when it added grilled steak to the menu.And join us right now is Brett Shulman. He is the company's CEO and a bit of a brave soul. I give you lots of credit to come on TV ...
Tom Lee: CPI was better than expected — a rip off the Band-Aid moment
CNBC Television· 2025-08-13 12:51
Why don't we start off with the with the markets hitting new record highs once again after that CPI report that in all honesty it was kind of mixed. Uh you know headline was better than expected core was just slightly hotter than expected. What's your take on that.Well I think it was it's just a reflection of the fact that the market was bracing for a hot CPI knowing that not only was the Fed but economists were warning that we'd start to see inflation coming through uh in the July CPI report. So, I think i ...
Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder: Sources
CNBC Television· 2025-08-13 12:46
app discovery for users and visibility for developers. >> We want to get over to Steve Liesman, who's at the table. He's got a bit of news on the list of possible fed picks.What have you got for us. >> Good morning Andrew. CNBC has learned the Trump administration currently considering now 11 individuals, including three names that have previously not been disclosed, to replace Fed Chair Jay Powell when his term expires in May, according to two administration officials.The three new names include. Jefferies ...
Boardroom CEO Rich Kleiman on sports media rights shake-up, Kevin Durant trade and Game Plan Summit
CNBC Television· 2025-08-13 12:45
>> Coming in hot right now. Sports broadcasting rights getting a huge shakeup this week with ESPN and Fox announcing they are teaming up to create a single streaming service. Also Paramount now striking a $7.7% billion rights deal with the UFC.Lots going on in sports and live sports in particular. Here to talk about that and so much more. Rich Kleiman is boardrooms co-founder and CEO.Good morning to you, sir. Good morning guys. We've got a big event coming up in September which we'll promote and talk about ...
Jonathan Kanter on Perplexity's bid for Chrome, Musk's threats against Apple and Trump's export tax
CNBC Television· 2025-08-13 12:32
Joining us now with more on the legal landscape for big tech, he's probably laughing. Former assistant attorney general, uh, Jonathan Caner. He is a distinguished law professor for, uh, the Washington University in St.Louis. Great school, great town, and a, uh, CNBC contributor. Welcome again, Jonathan.We usually see you on set. It's great to be here. I'm here in beautiful Stow, Vermont today.Lovely. What do you think of this. What what number one is it is there any possibility that perplexity could could u ...
Cappelleri: One of the best times to buy Berkshire is after it pulls back
CNBC Television· 2025-08-13 12:31
All right, so we're taking a look right here at the S&P compared to Bergkshire Hathaway. You're seeing from the beginning of the year, um, you know, Bergkshire is the blue line. It was outperforming and then that's clearly changed right around here.This is right around the time that Warren Buffett announced he would step back. So, give us your your take on this stock and the direction that you see it going in. Well, the S&P 500 of course has been moving higher and Bergkshire has not.So, let's be honest, Ber ...
Reynolds: Buybacks as strong as they are, they're going to accelerate
CNBC Television· 2025-08-13 12:28
All right, let's start off with this. Uh the idea of buybacks topping $1.1% trillion. What does that say uh about companies and their outlook for their not only their business but the broader markets for the rest of the year.>> Well, I think it's good for the broader markets because buybacks as strong as they are, they're going to accelerate. It says that there's not a lot of great places for companies to invest in their businesses. So, they're returning capital to shareholders.So you're saying that this si ...
We're headed towards the end of semiconductor cyclical inventory correction: Wolfe's Chris Caso
CNBC Television· 2025-08-13 12:22
Uh the commerce department still working out the legal details of President Trump's plan to charge 15% export uh taxes. Basically that's what it is on Nvidia and AMD for sending certain semiconductors to China. The White House says similar arrangements could be applied to other companies in the future.It's interesting the semiconductor ETF SMH is at a record high though up nearly 25% year to date. And joining us now with more on what's driving the sector, Wolf Research senior analyst Chris Casso. Did when w ...
Tal Liani: We are in an infrastructure cycle boom driven by AI and data growth
CNBC Television· 2025-08-13 12:18
What are your expectations for this report. You have a buy rating on the stock, $76 price target. That's about a 5% increase from where it's trading this morning.What does that say to you about uh what should that say about this earnings report and your expectations. >> We're in the middle of an infrastructure cycle. You've seen the results of Arista few days ago.They raised the guidance. You've seen the orders of Sienna. Same thing.Cisco last quarter their orders from cloud doubled 600 million from 350 the ...