Luxury consumer can not continue to bail out the overall economy, says BCA's Doug Peta
CNBC Television· 2025-12-17 21:50
Meanwhile, it was yet another day where the AI narrative had the market swinging back and forth. So, as we head into 2026, how should investors distinguish what's a move led purely by an AI headline and what's a real concern for the market. Joining us now are Doug Peta.He is chief US investment strategist at BCA Research and Matt Stucky, chief portfolio manager at Northwestern Mutual Wealth Management. Guys, welcome. Um, let's see.Uh, Matt, how should investors treat this AI turbulence in a market that's st ...
Defiant Jack Smith testifies regarding the ‘powerful evidence’ that led him to prosecute Trump
MSNBC· 2025-12-17 21:48
In the midst of a steady drum beat of news of Donald Trump's retribution campaign continuing to target his political opponents and anyone and everyone who has ever sought to hold him accountable comes something different, a welcome dose of reality, courage, facts, and feelalty to the rule of law from the prosecutor who brought two of the most significant cases against Donald Trump. happening right now. Former special counsel Jack Smith is testifying on Capitol Hill behind closed doors. He had asked to do th ...
Micron shares spike on better-than-expected quarterly results
CNBC Television· 2025-12-17 21:47
results are out. Stocks higher by about 5% initially. Uh Christina Parts Neville has the numbers.Christina. >> Yeah, that's because there's a substantial beat across the board for this memory maker. Starting with EPS in the quarter for Q1, $4.78% higher than the street anticipated on revenues of 13.64% billion.So very strong beat there for Q1. Uh in regards to Q1 non-GAAP gross margins, which is a big concern for a lot of these chip names, 56%. The street was anticipating 52%.are stronger there for Q2 guida ...
Stocks Slip as Oracle and Nvidia Weigh on AI Trade | Closing Bell
Bloomberg Television· 2025-12-17 21:46
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. We're joined now by Carol Massar and Tim Stenovec from the radio room.Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube. A decidedly down day. Stocks at session lows right now as we get just less than 2 minutes to those bells and Carol Massar, we're going to close below some key mov ...
BREAKING: Trump attends dignified transfer of troops, civilian killed in Syria
MSNBC· 2025-12-17 21:45
Um, we're going to go live now to do where the president is participating in a dignified dignified transfer at Dover Air Base uh in Delaware. Uh, this happened just a moment ago. We just got the video.Um, oh, I'm sorry. This is these are live pictures and this is honoring the two Iowa National Guard members killed in an attack in the Syrian desert on December 13th. This is the first uh transfer case.Um we believe it's Sergeant William Na Nathaniel Howard. He is 20 or he was 29 years old. Um serving in the U ...
Jack Smith: 'Powerful evidence' in classified docs case against Trump
MSNBC· 2025-12-17 21:41
So, tell me a little bit about what we know regarding Jack Smith's appearance today, Glenn. >> Well, um, it's been going on for about 2 and 1/2 hours. Um, we've had a couple of breaks, I think three breaks in which, um, Smith was chased around the halls and he, uh, walked away silently without commenting.I think the most noteworthy thing that happened in public was, uh, a Fox crew nearly f uh, followed Jeff in the House of Representatives today. Um which would have made news. But um what we are hearing gene ...
Speaker Johnson has 'refused to allow' a vote over health care subsidies: GOP Rep.
MSNBC· 2025-12-17 21:30
Joining us, Republican Congressman Kevin Kylie of California. So, another um discharge petition with enough votes. This is the second one in a few months now.What does that say to you, Congressman, about Speaker Mike Johnson's leadership. >> Well, I think it has fallen upon uh the membership of the House to pick up the some of the slack when it comes to uh leadership of the House of Representatives, especially in recent months. the House really has not been in the driver's seat when it comes to important po ...
Afghan woman, once a child bride, becomes top-ranked bodybuilder
NBC News· 2025-12-17 21:30
She was forced to marry at age 14 and by the time she was 17, Roya Karimi had escaped Afghanistan alone with her baby. And against all odds, this is Roya today. Roya Karimi Norway >> representing Norway and almost unrecognizable as one of the top bodybuilders in Europe.Recently coming in third at a major competition in Spain. >> In a bikini, makeup, long hair. So you are you are the exact opposite of who people imagine when they think of an Afghan woman.>> Yes. And I love that image. I worked hard for that ...
'Remarkably uncensored': Author of bombshell Susie Wiles interview shares more details
MSNBC· 2025-12-17 21:29
Joining us, Vanity Fair writer and author of The Gatekeepers: How the White House Chiefs of Staff Define Every Presidency, Chris Whipple. Really good to have you. Nice to see you again.Congratulations on this interview. >> Hi, Katie. Great to see you.>> So, how does Susie Wilds define this presidency. >> Well, that's a great question. I mean, I think she does.She is all in on MAGA and it's an unbelievably fascinating journey that she takes from, you know, regular from a traditional GOP operative. She cut he ...
Dow on track for 8th straight positive month, longest monthly win streak since January 2018
CNBC Television· 2025-12-17 21:26
I'll turn to you Mike for the last moments that we have. It's going to be an important one I guess at an important time just to figure out what the world's going on. Anytime you can hear from anybody related to this >> and you wonder what uh Micron or another one of these players in the food chain can say that kind of gives people confidence going out several quarters that it's not been double ordering and that in fact all the demand is going to be there.one of those days today where, you know, we're unable ...