Market is broadening out so expect to see new highs before year end: Carson Group's Detrick
CNBC Television· 2025-12-18 13:08
for some insights and stats on the markets. Let's bring in Ryan Dietrich, chief market strategist at Carson Group. Ryan, good to see you. >> Good to be here.Always enjoy your fine cities. >> Yes. And uh glad to have you uh along with the masses that that come this time of year.>> It's crowded out there. >> Um so if we were to get to a new high in the S&P by the end of the year, we're talking about eight and a half trading sessions until we're done. It's like a 3% move.So I mean, what gives you confidence if ...
Mayfield: The sign we're not in a bubble is the level of skepticism being levied at OpenAI
CNBC Television· 2025-12-18 12:58
LATER. GREAT TO SEE YOU AS ALWAYS, COMING LIVE FROM LONDON. ALL RIGHT.TURNING BACK TO THE US. FOR MORE ON THE MARKETS, LET'S BRING IN ROSS MAYFIELD, INVESTMENT STRATEGIST AT BAIRD. ROSS GOOD MORNING.GOOD TO SEE YOU. >> YEAH. GOOD MORNING.THANKS FOR HAVING ME. >> ALL RIGHT. SO MIKE ROSS MOVING HIGHER.IT'S ACTUALLY OUR BIGGEST GAINER ON THE S&P THIS MORNING UP JUST ABOUT 10%. IT SEEMS LIKE IT'S GOING TO GIVE SOME MORE CONFIDENCE TO THE AI TRADE. BUT IT'S BEEN A BIT WOBBLY.HOW ARE YOU VIEWING THIS MICRON REPOR ...
Gen Digital CEO on rising role of AI in data breaches
CNBC Television· 2025-12-18 12:54
MUCH MORE. LET'S BRING IN VINCENT PAULET, THE CEO OF CYBERSECURITY COMPANY GEN DIGITAL. GOOD MORNING.GREAT TO SEE YOU AGAIN. >> GOOD MORNING FRANK. GOOD MORNING TO ALL OF YOU.>> ALL RIGHT. SO I WANT TO START OFF WITH THE CONSUMER IMPACT, IF YOU DON'T MIND, ACCORDING TO YOUR RESEARCH AND YOUR DATA BREACHES, HACKS, WHATEVER YOU WANT TO CALL THEM, THEY'RE GOING TO COST CONSUMERS ABOUT $15 BILLION THIS YEAR. HOW SO.WHAT AREAS ARE WE BEING IMPACTED THAT'S COSTING US THAT MUCH MONEY. >> DEFINITELY. AND MOVING FOR ...
Pethokoukis: President Trump missed the mark on big issues Americans are most concerned about
CNBC Television· 2025-12-18 12:54
So, the president came out saying he's trying to fix a mess right now. Uh, didn't really seem to address two of the big issues. Some of the weakness in the job market and the concerns about AI while it's a driver for the economy taking away jobs.Do you think he missed the mark here. What do you think the read is when it comes to voters. >> Right.Um, you know, there are a lot of statistics uh and numbers that he put forward in that speech and yet he still, you know, sort of managed to miss a couple of things ...
Balafas: Investors are starting to get grounded about whether the bull market is sustainable
CNBC Television· 2025-12-18 12:53
Why don't we start off with your word of the day. >> Sure. My word of the day is grounded.We saw a little bit of that yesterday where investors are getting grounded. Thinking about the stock market and that it can't go on forever with double-digit returns. So, taking a pause, taking a breather, taking some profit taking, but investors really being discerning and asking the right questions and when do we see the benefits of AI.What are the use cases for it. How long will it take. What's the ROI.So the word o ...
'SCARED TO DEATH': Republicans don’t want Jack Smith to testify publicly, says Joe
MSNBC· 2025-12-18 12:52
Back to the news now. Former special counsel Jack Smith has told a congressional committee his team found proof beyond a reasonable doubt that President Trump engaged in quote a criminal scheme to overturn the results of the 2020 election. That's according to parts of his opening statement obtained by NBC News. Smith testified for eight hours before the House Judiciary Committee yesterday during a closed door deposition. What's more, Smith said his team turned up quote powerful evidence that showed Trump wi ...
Vanity Fair reporter says Susie Wiles was 'all in' on interview
NBC News· 2025-12-18 12:45
It began in January um almost a year ago that we began to talk. We talked about the campaign that she had just uh led for President Trump, that against all odds campaign. Quickly became apparent to me that she really wanted to talk about Trump 2.0%, the second term.And so we talked about that and shortly thereafter I told her that Vanity Fair wanted to publish the piece. She was all in from the get-go. This is a very different White House from Trump 1.0%. It's a betterrun White House.But look, there are a l ...
Oil market is significantly oversupplied, says CIBC's Rebecca Babin
CNBC Television· 2025-12-18 12:40
Market Overview - Crude oil market is experiencing a battle between geopolitical risks and fundamental oversupply [1][3][4] - Geopolitical risks, including those involving Israel, Iran, Russia, Ukraine, and Venezuela, have not resulted in significant supply reductions [2] - The market is significantly oversupplied, with demand growth for 2025 projected at 1 million barrels per day, while non-OPEC supply is growing at 160% million barrels per day [3] - Fundamentals have won the battle for 2025, with crude down over 20% [5] Demand and Supply Dynamics - Demand has outperformed expectations this year, projected to grow by around 1 million barrels per day this year and potentially 120% million barrels per day next year [8] - If geopolitical risks fade and demand weakens due to global growth risks, crude could test $50 WTI, potentially even $40 [8] - US producers are unlikely to cut back dramatically at the current crude strip, with a more significant response expected $5 lower [13] US Shale Producers - For most US shale producers, $55 is the level where some barrels start to become uneconomical, accelerating drastically below $50 [10] - At current price points, a potential 50,000 to 100,000 barrels per day of production might come off [11] - US producers continue to improve efficiency and drive down break-even points [11][12]
Super Mario Bros. and Minecraft are the trendiest toys now: The Toy Insider's Marissa Silva
CNBC Television· 2025-12-18 12:38
is joining us right now on the hottest holiday toys is editor-inchief of the Toy Insider, Marissa Silva. Marissa, I am a little worried that if we've waited till now, we're not going to be able to get the hottest toys. How late are we? Um, and what what can you tell us about what's really hot right now? What what you want to be making sure you have? Yeah, you you are definitely a little a little behind the game if you're just starting your holiday shopping, but there are tons of hot toys still available on ...
BermudAir expands with AnguillAir for direct service to Anguilla with no middle seats
CNBC Television· 2025-12-18 12:37
A new leisure market airline has come up with an innovative pitch to try and win over consumers who are looking to visit the Caribbean. Philau joins us right now with more. What's the pitch, Phil.Well, the pitch is that if you're going to be flying on Angila Air, which is a subsidiary of Bermuda Air, which is just launching service, you might be able to have a little more elbow room when you're flying on one of the Ember jets down to the island of Anguila. Some people might be listening to this report or wa ...