Deutsche Bank's Binky Chadha on lifting its S&P target
CNBC Television· 2025-09-10 18:21
Deutsche Bank upping its target from 6550 to 7,000. That's back to its original forecast from the beginning of the year and that is now the second highest target on the street. Here with us with his call is Binky Chada, chief global strategist at Deutsch uh Deutsche Bank.Good to see you Binky. Good to see you Mike. So your the path of your target somewhat reflects the way the market has experienced this year, right.I mean it's a a major scare. We needed to re-evaluate a lot of things. tariffs, the economy, ...
Chinese businesses deal with deflation as consumers pull back
CNBC Television· 2025-09-10 18:17
Chinese companies that do business with American consumers are dealing with tariffs and rising inflation. But for those trying to make a living at home, they're fighting just the opposite. Our Uni Yun explains.Chef Wong is cooking up his specialty fried pigeon. Not in his restaurant, but out on the sidewalk. Hotels across the country have started selling food from their restaurants on the street.This is a way to drum up business amid a consumer spending slump. High-end Beijing hotel Bayon Grand sets up stal ...
Amazon launches its Waymo rival, Zoox
CNBC Television· 2025-09-10 18:15
Amazon making its long-awaited leap into the robo taxi race. The company's self-driving Zuk's vehicles hitting the streets in Las Vegas today. Mackenzie Seagalos has more in today's Tech Check.Mac, hey there. So, we are talking about a first of its kind vehicle. No steering wheel, no pedals.You can see it here in this exclusive footage captured by CNBC's digital video team during a ride along. Now, it's a limited launch, but a meaningful one. Zuks needed special regulatory clearance just to carry passengers ...
Harris calls Biden's decision to run for re-election 'recklessness' in memoir
NBC News· 2025-09-10 18:09
We start right now with Kla Harris delivering her sharpest criticism yet of former President Joe Biden's decision to run for reelection. Now, in an excerpt from her upcoming memoir, Harris says it was reckless to leave that decision up to Biden. She writes, "The stakes were simply too high. This wasn't a choice that should have been left to an individual's ego, an individual's ambition." Now, by the time Biden dropped out of the race and Harris became the nominee, there were just 107 days left until the ele ...
RBC's Rishi Jaluria on under-the-radar AI plays outside of Oracle and Microsoft
CNBC Television· 2025-09-10 18:08
Oracle's Growth & Challenges - Oracle 长期目标是到 2030 财年实现约 1450 亿美元的 OCI(Oracle Cloud Infrastructure)收入[2] - Oracle 在 GPU 分配方面具有优势,拥有大量剩余容量,并从中受益[7] - 随着容量趋于平均,Oracle 可能会失去部分业务,微软等公司可能会将业务转移回内部[8] - Oracle 需要制定更具凝聚力的战略,以应对未来五年内的电力供应问题[4] - Oracle 的收入增长可能以牺牲利润率为代价,OCI 的利润率可能为个位数[5] Power & Infrastructure - Digital Realty 和 Bloom Energy 等公司正在成为关键参与者,为 Oracle 提供电力以实现长期目标[1] - 考虑到电力短缺,Oracle 可能需要对能源领域进行重大投资,类似于微软等竞争对手在核能领域的投资[3][4] AI & Competition - 微软被认为是更高质量的 AI 收入来源,因为它在整个技术堆栈中实现 AI 货币化,而不仅仅是提供裸机和 GPU 容量[9][10] - MongoDB、HubSpot 和 Intuit 等公司是在 AI 领域具有潜力的其他参与者[11][12]
Schumer files amendment to require the A.G.l to release Epstein files
MSNBC· 2025-09-10 18:02
The bottom line is the American people need to see this. Donald Trump has lied about this. There was no picture. There was no drawing.There's been so many lies, so much proarication, so much cover up. The American people, Democrats, independents, Republicans are demanding it be made public, and it should be. We hope Republicans will vote for it.They should. The need is greater than ever now. The first move that Schumer has tried to make on the Epstein files and his limited power in the minority.There was a ...
Klarna opens at $52 per share in NYSE debut after pricing IPO above range
CNBC Television· 2025-09-10 18:00
First of all, really exciting day for Connor in the New York Stock Exchange. You could see we opened at 52 on about 5 million shares and we're trading right there right now. So, really good to see good demand for another IPO with over a billion dollar raise in the market.So, definitely shows that the IPO markets are coming back to life. Can you give us any sense of of what you saw as you were pairing uh the demand from the the buy side here. Anything you can provide in terms of retail versus institutional i ...
Trump appeals order blocking him from firing Fed Governor Lisa Cook
CNBC Television· 2025-09-10 18:00
Breaking news out of the White House here that President Trump now says he is appealing the judge's recent decision to allow Lisa Cook to return to work while her case plays out. He's appealing that order that blocked him from firing Federal Reserve Governor Lisa Cook. It's a very short appeal.All we know is that the president's legal team has now fired it with the US District Court for the District of Columbia. Of course, this coming just a day after the judge said that Cook was allowed to return to work i ...
Risks in the AI trade for investors, what Trump's Supreme Court tariff case means for markets
Yahoo Finance· 2025-09-10 17:57
Market Overview - Market catalysts discuss the market news for September 10, 2025 [1] - The discussion includes market frothiness and market rotation [1] - Crypto is playing a part in the market's froth [1] Legal and Economic Implications - The US Supreme Court will hear President Trump's appeal of a lower court's ruling that most of the president's global tariffs are illegal [1] - Possible resolutions for Trump's tariff case and what they could mean for markets and the US economy are discussed [1] Resources - Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information [1]
Redpoint Ventures' Scott Raney bullish call on Klarna's IPO
CNBC Television· 2025-09-10 17:51
wondering about your view of fintech for lack of a better term because I think it's an imperfect term. Uh but it is uh kind of over represented in a lot of these companies that have been poised to come in have already come public and is it something that actually seems like you know these companies have a genuine edge uh they're solving a problem that's really out there or is it just kind of you know uh the same kind of product with a new software and interface. You know, I I actually, you know, I think tha ...