Morning Call

President Biden is expected to sign the Inflation Reduction Act this week even though many non-partisan analyses suggest it won’t do anything to actually reduce inflation. Raymond James analyst Ed Mills gives his thoughts on the bill. Plus, what does the Inflation bill mean for renewable energy? Pickering Energy Partners CIO Dan Pickering and CNBC’s Michael Wayland weigh in. And, a growing number...

The House of Representatives is set to pass the Inflation Reduction Act today, clearing the final hurdle before President Biden can sign the $430 billion climate, tax, and healthcare bill into law. Stifel Chief Washington Policy Strategist Brian Gardner discusses what’s to come. Plus, shares of Rivian are lower after the company called for steeper losses for the year, citing supply chain issues an...

Gas prices have been on a downward trajectory after peaking above an average of $5 a gallon nationwide, but with the heart of hurricane season still ahead, will these lower prices be short-lived? Oil Price Information Service Chief Oil Analyst Denton Cinquegrana weighs in. Plus, shares of Disney are up big in the premarket after topping analyst estimates for its most recent quarter. CFRA Director...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global bu siness conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and l ive international market action. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about ou...

After two years where most people didn’t go anywhere during the pandemic, summer travel has been a boom. But with rising prices eating into household budgets, will travel drop off? Jefferies Managing Director David Katz weighs in. Plus, President Biden will sign the Chips and Science Act into law today. American Enterprise Institute analyst James Pethokoukis dives into what this means for Washingt...

China’s military has announced a fresh round of drills overnight in areas around Taiwan just one day after its largest ever military exercises had been scheduled to end. Oliver Wyman’s Head of Risk and Public Policy Daniel Tannebaum discusses what this means for investors. Plus, despite continued concerns that the economy is heading for a recession, the labor market appears to be stronger than eve...

It’s Jobs Friday, which means today is all about employment. The July Non-Farm Payroll numbers will be out today, with job growth expected to slow as the Fed continues hiking rates in an effort to reduce inflation. Apex Financial President Lee Baker gives his thoughts on what to expect. Plus, one area of the labor market experiencing major hiring headwinds is tech, as Alphabet, Amazon, Apple, Micr...

In the cybersecurity space, hackers have been able to target and steal an estimated $5.2 million in crypto assets from the Solana ecosystem in the last 36 hours, affecting some 7,900 wallets. ZeroFox CEO James Foster gives his thoughts on the story. Plus, as the diabetes crisis grows, Novo Nordisk is trying to help. CEO Lars Jorgensen discusses the company’s earnings. And, treasuries have seen a r...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our...

Shares of Pinterest are soaring ahead of the opening bell despite reporting a miss on the top and bottom lines for Q2. UBS analyst Lloyd Walmsley discusses how the company is trying to buck the trend of other stay-at-home plays that have been hard this year. Plus, Senate Democrats are waiting for a ruling on whether they can override normal rules to pass a $430 billion tax, drugs, and energy bill....

Starting today, EU member states are beginning their voluntary demand or consumption reduction of natural gas by 15%. Eurasia Group President Ian Bremmer gives his take on energy security in Europe. Plus, though the Nasdaq is down more than 20% this year, many investors still believe the tech sector will continue to push higher. Arete Research Managing Partner Richard Kramer explains why. And, sto...

Amazon and Apple shares are up at both companies beat Wall Street expectations after the bell yesterday. Third Bridge’s Scott Kessler and CFRA’s Arun Sundaram give their thoughts on what this means for the tech sector. Plus, the busiest week of earnings season wraps up today with Q2 results from Chevron and Exxon Mobil. Barclays’ Jeanine Wai discusses what to expect. And, the markets are poised to...

Shares of Meta platforms are lower ahead of the open after the company reported its first ever year-on-year revenue decline. Jefferies’ Jared Weisfeld breaks down what this means for Amazon and Apple reports later today. Plus, shares of Etsy are surging after the online marketplace operator reported better-than-expected Q2 results. Jane Hali & Associates’ Jessica Ramirez dives into what this means...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our...

The Fed is kicking off its latest two-day policy meeting today with Wall Street expecting a second straight 75 basis point rate hike. Former Federal Reserve Vice Chairman Roger Ferguson discusses what to expect. Plus, shares of Walmart are tumbling after the company cut its quarterly and full-year profit guidance. SW Retail Advisors’ Stacey Widlitz gives her thoughts. And, the markets are coming u...

The upcoming week is set to be the busiest of the corporate earnings season, with more than 150 S&P 500 names set to report, including the Big Tech heavy hitters: Apple, Alphabet, Meta Platforms, and Microsoft. Richard Kramer of Arete Research dives into the current state of the tech sector. Plus, COVID cases are rising again, this time in Massachusetts. Emergency physician Dr. Michael Daignault e...

Shares of Snap are sinking after the company missed second quarter top and bottom line estimates. Nancy Tengler of Laffer Tengler Investments and Alex Kantrowitz of Big Technology discuss the stock’s future. Plus, stocks are looking to cap what has been a solid week of gains. Mark Avallone of Pontac Wealth Advisors dives into the action within the markets. And, what’s in store for the trading day...

Shares of Tesla are taking a bumpy ride ahead of the open after reporting a 57% jump in adjusted earnings and a 42% jump in sales from a year ago. Philippe Houchois of Jefferies gives his thoughts on the stock. Plus, gas flows are resuming through the Nord Stream 1 Pipeline after being offline for more than a week for scheduled maintenance. Jeff Currie of Goldman Sachs breaks down the latest. And,...

Shares of Netflix are popping ahead of the open after overcoming an extremely low bar. Sara Fischer of Axios and James Cakmak of Clockwise Capital share their thoughts on the company’s Q2 earnings. Plus, the clock is ticking on the restart of the Nord Stream 1 pipeline, which has been down for the past 9 days for scheduled maintenance. Kayrros Co-Founder Antoine Halff and EQT CEO Toby Rice give th...

Chip stocks are gaining steam as of late, with names like Nvidia, Intel, and Advanced Micro climbing between 4% and 7% in just this week alone. Is now the time to buy some of the key names in the sector? Matt Bryson of Wedbush Securities weighs in. Plus, Netflix is reporting its second quarter after the close today. CNBC reporter Alex Sherman breaks down what to expect. And Bank of America CEO Bri...

As expected, President Biden’s trip to Saudi Arabia has failed to secure a pledge to boost oil production in order to help bring down inflation. Bjarne Schieldrop of SEB discusses the steps oil producers are taking in terms of supply. Plus, for the first time in four years, aviation and defense industry leaders are meeting in the U.K. for the Farnborough International Airshow. CNBC’s Phil Lebeau s...

A major deal in American oil and gas was announced yesterday: ConocoPhillips is buying 30% of Sempra Energy’s Port Arthur, Texas LNG plant. Former U.S. Secretary of Energy Dan Brouillette discusses his role as one of the key architects of this deal. Plus, Wall Street is expecting earnings from Citigroup and Wells Fargo today follow yesterday’s worse-than-expected numbers from JPMorgan Chase and Mo...

Earnings kick off today with JPMorgan Chase and Morgan Stanley stepping up to the plate first. Ken Leon of CFRA gives insight on what Wall Street is expecting. Plus, President Biden is continuing his Middle East trip as he meets with Israel’s prime minister this morning. Jimmy Pethokoukis of the American Enterprise Institute discusses the meeting’s implications on high gas prices at home. And, the...

RBC’s Elsa Lignos discusses the broader impact of the euro trading at or below parity with the dollar on developing and emerging market economies. Plus, Tommy Hall, who manages several high-end restaurants throughout the country, talks about how high prices are affecting business and whether that’s getting passed on to customers. And, Eric Heymann of Deutsche Bank Research lays out several scenari...

Private capital from venture investors may be harder and harder to come by these days, but that doesn’t mean there aren’t a few hot sectors ripe for new cash. WeFox Co-Founder and CEO Julian Teicke dives into the company’s successful post-money valuation boost. Plus, when it comes to the growing energy crisis in Europe, what are the potential spillover effects to the rest of the world? Samantha Da...