Why Musk was absent from WH dinner with top tech CEOs
MSNBC· 2025-09-05 22:20
So, you maybe missed it last night, but big names in tech came to the White House. And there was one big notable absence, Elon Musk. Compared to early 2025 and 2024, well, this is quite a contrast here.Instead, Musk saying that he would be sending a representative to this meeting, that he couldn't make it. But, of course, it was just this summer that Musk said that he thought that Donald Trump should be impeached. He called the big beautiful bill anything but big and beautiful.and he said that he was going ...
Robinhood finally wins spot in S&P 500
CNBC Television· 2025-09-05 22:18
We've got a news alert we want to get to on the newest additions to the S&P 500. Mackenzie Seagalas has got the details. Mackenzie.Hey Mel. So, we're seeing a lot of changes to the S&P indices this month. Apploving, Robin Hood, and MCOR Group are all joining the index effective September 22nd.This is especially notable for Robin Hood, which had been repeatedly passed over despite hitting a market cap of 100 billion in July, even when smaller peers like Block were added earlier this summer. Now inclusion in ...
Dr. Scott Gottlieb reacts to RFK Jr. linking autism to Tylenol
CNBC Television· 2025-09-05 22:17
For more, let's bring in former FDA commissioner Dr.. Scott Gotautle. He's also a CNBC contributor and serves on the boards of Fizer and Aluminina. Dr.. Gotautle, great to have you with us. >> Thanks a lot. >> This is a report that he's been promising for months. He said, "By September, we will finally reveal what the cause of the autism epidemic is. Do you believe based on what you have seen because there have been other studies on this um that that this could be the cause of the uptick in autism cases we' ...
Price action in Broadcom 'makes sense' in the near term, says T.Rowe Price's Tony Wang
CNBC Television· 2025-09-05 22:16
For more on tech's outlook and what to expect from Apple's iPhone event next week, Tro Prices Tony Wang joins us now on set. He manages the firm Science and Tech Fund whose top holdings include Nvidia, Apple, and Broadcom. Tony, great to have you with us.Welcome to the NASDAQ market site. Um, in terms of the action that we saw today, maybe not surprising that we saw AVGO go up so sharply, hitting a new high actually in today's session. Um but in terms of the market capitalization transfer from Nvidia to Bro ...
Roblox CEO David Baszucki on new safety features
CNBC Television· 2025-09-05 22:15
I want to highlight every single person we talk to, whether it's the general, whether it's people in DC, whatever, it's universal around the world, everyone wants kids to be safe on platforms like Roblox. So, that's really important. What we announced this week on Wednesday is really what we feel is going to become the industry standard.We're going to do it first. We're doing it before any laws, before any legislation, and in addition to everything we already do. And what we already do is there is no image ...
'Fast Money' traders talk the split happening in semiconductor stocks
CNBC Television· 2025-09-05 22:13
Market Dynamics - Broadcom's stock surged more than 9% to a new record after announcing a $10 billion order for AI chips, thought to be from OpenAI [1] - Nvidia's stock dropped more than 4%, marking its sixth down day in seven sessions, losing over 8% since its earnings report [2] - The semiconductor space experienced rotation, with Broadcom's gains potentially impacting other AI-related stocks [2][3] Company Performance & Outlook - Broadcom's AI spend is accelerating, reaching staggeringly large numbers [6] - Nvidia hinted at a future slowdown in its growth rate [7] - Broadcom's projected growth rate is higher, supporting a higher valuation [9] Investment Considerations - The market views Broadcom as having more growth potential compared to Nvidia [9] - Broadcom's stock closed on its intraday low after the news-related pop, indicating potential weakness [10] - Semiconductors, as a whole, have not exceeded their July highs [11][12]
'And then we decided to go woke': Trump signs order rebranding Dept. of Defense as Dept. of War
MSNBC· 2025-09-05 22:09
We have a number of executive orders for your attention, sir. Uh from 1789 until 1947, our nation won some of its greatest military victories uh under the direction of a secretary of war uh operating within a department of war. Uh today, with this executive order, you will authorize uh the current Secretary of Defense and the current Department of Defense to once again get to once again embrace this great lineage uh and once again be named the Secretary of War and the Department of War.So, this is something ...
Meet the Press NOW — Sept. 5
NBC News· 2025-09-05 22:04
Welcome to Meet the Press Now. I'm Kristen Welker in Washington where any minute now we are expecting to hear from President Trump. For the first time since today's jobs report showed a dramatic slowdown in the labor market and potential warning signs for the president's economic agenda.The August jobs report from the Labor Department showed just 22,000 new jobs created last month, much lower than economists were expecting, and the unemployment rate ticked up to 4.3%. Even more problematic, the Labor Depart ...
LIVE: NBC News NOW - Sept. 5
NBC News· 2025-09-05 22:01
NBC News NOW is live, reporting breaking news and developing stories in real time. We are on the scene, covering the most important stories of the day and taking deep dives on issues you care about. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compell ...
Should Elon Musk be Paid $1 Trillion?
Bloomberg Television· 2025-09-05 22:01
You are indeed the founder, managing partner. Steve, I'm really interested is to sum these milestones, yes, it's about market capitalization, which is is extraordinary. But to get 20 million cars on the road, to get 10 million of those with FSD, to get 1 million robots, 1 million robo taxis, is that realistic.>> Well, I think that's going to be awfully hard for Tesla to do. And again, I support incentivebased pay packages for CEOs. The pay package sounds astronomical, but so are the milestones to get it.I m ...