BANKING SYSTEM. THAT'S WHERE HE WOULD BE WORRIED. DIDN'T SAY IT WAS A CONCERN RIGHT NOW.>> PERFECT SETUP FOR THE REST OF THIS HOUR. STEVE, THANKS SO MUCH. REALLY APPRECIATE IT.THANKS, STEVE. LIESMAN. SO WHO DO THE MARKETS WANT IN THE FED CHAIR POSITION.WHAT'S REALLY AT STAKE IN THAT RACE AND HOW MUCH RISK IS THERE IN THE AI TRADE RIGHT NOW. LET'S BRING IN PETER BOOCKVAR. HE'S THE CHIEF INVESTMENT OFFICER AT ONE POINT, BFG AND A CNBC CONTRIBUTOR.AND MATTHEW MCLENNAN IS CO-HEAD OF THE GLOBAL VALUE TEAM AT FIR ...

The IPO of the year, the biggest one, uh, popping on its open last hours, just a few minutes ago, really after some middling performance in the IPO market generally. Is it a sign of pent-up demand into mega offerings like SpaceX next year. A sigh of relief for the private equity space, too.Leslie Picker has more over at the NASDAQ. Leslie, hey, Kelly, yes. The largest IPO of the year, Medline, opening for trading about 15 minutes ago at $35 per share.That's up more than 20% from its IPO price of $29 per sha ...

Good day. I'm Kate Snow in New York. I want to take you to Los Angeles where Rob Reiner's son, Nick Reiner, just made his first court appearance since being charged with murder in the deaths of his parents. Nick Reiner faces two charges of murder in the first degree. The Los Angeles County DA says he used a knife to allegedly kill his parents. Those charges carry a maximum sentence of life without parole or even the death penalty. In today's hearing, which we're now watching tape of, Nick Reiner waved arrai ...

The mainstream media will try to trick you about Bitcoin. They will make you believe that this crypto bloodbath will never end when in fact it will end. People are fearful.Last time we saw levels this fearful was actually near the end of the 2022 bare market when FTX was collapsing. I've lived through multiple bare markets, multiple bull markets. You buy when there's blood in the streets, when people are fearful. You sell when people are greedy. people are euphoric.But of course, the other thing that I real ...

>>> GOOD WED >>> GOOD WEDNESDAY MORNING. WE'RE LEARNING MORE ABOUT THE DEATHS OF ROB REINER AND HIS WIFE, MICHELE. >> THEIR SON NOW OFFICIALLY CHARGED WITH THEIR KILLING. IT IS DECEMBER 17th, THIS IS "TODAY. " >>> IN COURT, NICK REINER SET TO FACE A JUDGE FOR THE FIRST TIME THIS MORNING. SURVEILLANCE VIDEO NOW SHOWING THE MOMENT OF HIS ARREST. >> THIS CASE IS HEARTBREAKING AND DEEPLY PERSONAL, NOT ONLY FOR THE REINER FAMILY AND THEIR LOVED ONES, BUT FOR OUR ENTIRE CITY. >> JUST AHEAD THE LEGAL HEAVY HITTER ...

GE Vernova Outlook - GE Vernova is considered a core holding in large-cap growth portfolios due to the reanchoring around physical infrastructure in the US [5] - The company was last year's top pick with an 88% return, and is chosen again due to underappreciated opportunities in new orders and service contracts [5] - Trends of electrification and power are seen as drivers for GE Vernova [12] Natural Gas Turbine Market - Natural gas is viewed as the primary solution for firm base load power generation in the near and medium term [4] - GE turbines generate 50% of all electrons globally, excluding China [7] - The company has already surpassed all of last year's orders for natural gas turbines this quarter alone [7] - Turbine capacity has quietly doubled from 50 to 100 [9] - Pricing has tripled over the past 3 years, from $800 per kilowatt to $2,400-$2,500 [9] Service and Recurring Revenue - Each new turbine comes with a service agreement, creating a recurring revenue model [10] - The first outage requiring service isn't for 8 to 10 years, building a long-term revenue stream [10] - An acquisition of Prolle, not currently in models, will be integrated in 2026 [11] Tesla's Evolving Focus - Tesla is increasingly viewed for its autonomy and energy businesses [14] - The automotive business is valued at only $30-$40 per share [15] - Energy has grown to be equal to or slightly more valuable than the auto business [15] - Autonomy makes up over 70% of Tesla's value today [15]

I mean, I think that the sports books definitely see the writing on the wall and how this could completely disrupt their businesses and uh that's why they're all scrambling to figure out their prediction market strategy. Uh and we should expect that with any growing market in its relatively early stages, it's going to get competitive. Um, we certainly saw that with crypto and and I think the unique advantage Robin Hood has is first of all, we're pretty early to the market.We launched with the presidential e ...

Norman uh showed me how you could use your celebrity, use your fame to uh advance uh issues that you cared about. I mean, I I learned from him when he started People for the American Way that uh you could accomplish a lot uh by using your your your platform and so I miss him already. I love him.>> We had Rob Reiner on this program what would be the final time almost exactly two years ago today. He came on as you saw to talk about the legacy of his dear friend, the iconic TV producer and activist Norman Lear ...

Welcome back to the Crypto channel everyone. My name is Josh and right now Bitcoin is once again testing this crucial level of support on the daily time frame after just experiencing a harsh rejection and a failed to break out back above this crucial line in the short term. While the US stock market is continuing to dump in the short term, which is not good news for Bitcoin and crypto and right now in the short term, Ethereum is possibly forming a new signal that we need to pay attention to, but not yet con ...

What do you make of the criticisms that you are too close to the president to be independent enough to be considered the next Fed chair. >> Well, well, it's true that I'm close to the president, we've worked together closely since 2017. I think that the idea that uh being close to the president and serving uh the president well uh disqualifies someone for any job.It just doesn't make any sense to me. The job of the Federal Reserve chair is to run the Federal Reserve independently. Uh it's also the job of th ...