Morning Call

Sheryl Sandberg announces she is stepping down from her role as COO of Meta, a position she’s held since joining in 2008 as Mark Zuckerberg’s second-in-command. Current CGO Javier Olivan will take over Sandberg’s role this fall. Rocco Strauss of Arete Research joins us to discuss implications for the stock, which is down more than 40% this year. Plus, oil prices are pulling back ahead of a meeting...

“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...

President Biden says the Federal Reserve has a responsibility to control inflation and vows to not influence the bank’s decision making ahead of his meeting with Fed Chair Jay Powell at the White House today. James Pethokoukis of the American Enterprise Institute joins us to discuss why Biden has made tackling inflation his “top economic priority.” Plus, last week’s strong showing by the major ind...

It’s the start of Memorial Day Weekend, and what better way to kick off the holiday other than finding the best sales and deals? In the wake of inflation and supply chain issues, MDW might be just what retail needs to bounce back. Katie Thomas of Kearney Consumer Institute joins us to predict consumer behavior this weekend. Plus, have the markets turned a corner? What are the opportunities around...

Earnings from Macy’s, American Eagle Outfitters, Costco, and Gap are due today, just in time as investors recover from last week’s Target and Walmart blows. Stacey Widlitz of SW Retail Advisors joins us to discuss what to expect from these reports and whether the market is bottoming out. Plus, shares of Nvidia are lower, as the company says that sales, which beat first quarter forecasts, are expec...

Sara Eisen speaks with U.S. Commerce Secretary Gina Raimondo about the Biden administration’s new economic deal to counter China, and why Congress should pass legislation to boost the nation’s chip industry. Plus, Caleb Silver of Investopedia has new survey data on what is keeping investors up at night. And, Jenny Harrington of Gilman Hill Asset Management says there’s nothing fundamentally wrong...

Despite yesterday’s gains in U.S. stocks, the S&P 500 is still down more than 17% from its record high, set on January 3 earlier this year. New York Stock Exchange President Lynn Martin joins us from the World Economic Forum in Davos to discuss the state of the markets and volatility. Plus, while shares of Snapchat are sinking after CEO Evan Spiegel warned shareholders that the company will miss i...

The World Economic Forum has returned to Davos, Switzerland for the first time since the pandemic – and at the top of the list of discussion topics are COVID-19 and the War in Ukraine. S&P Global Vice Chairman Dan Yergin joins us to discuss the implications the war has for global energy security and geopolitics. Plus, as the S&P 500 approaches bear market territory, investors are looking to the Fe...

What we called a Tech Wreck last week is now becoming a Retail Wreck, as Walmart, Target, and Ross Stores all delivered poor results this week. But are there still investing opportunities left in the consumer sector? Scott Mushkin of R5 Capital joins us to discuss which stocks he’s buying and which ones he’s avoiding in this negative macro environment. Plus, how broken is the market, if at all? Ti...

Gasoline inventories are going to hit historic lows and distillate over this summer, forecasts Paul Snakey of Snakey Research. He joins us to discuss the emerging crisis in U.S. oil product markets; the current battle between low refining runs relative to all-time record refining margins; and the choice to make gasoline or diesel, both of which are in increasingly short supply. Plus, new reports f...

Brian Sullivan lays out 20 stocks that Goldman Sachs identifies as falling within the bank’s “margin of safety”. Plus, the true cost for truckers filling up with diesel fuel. And, the CEO of CNBC Disruptor Exotec, on how robotics can help address the global supply and labor shortage. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use...

Lori Ann LaRocco discusses the steps China is taking to try to alleviate shipping snags at its major ports. Plus, retail insider Jan Kniffen says Walmart and Target are doing the best job among the major store chains in taking on Amazon. And, Ylan Mui details which candidates in the Pennsylvania Senate primary race are being backed by billionaire investors on Wall Street. Hosted by Simplecast, an...

Amid the tech wreck, cloud stocks may offer a silver lining, as the ongoing migration of legacy client-server apps to the cloud signals opportunities in software-based businesses. John Freeman of CFRA Research joins us to discuss which of these opportunities he’s most enthusiastic about. Plus, following crypto’s crash and stablecoin’s collapse last week, do Bitcoin or Terra have futures as payment...

Like many commodities, the cost of fertilizer has been increasing due to COVID-19 related supply chain issues, weather disruptions to shipping and production, energy costs, and geo-political issues. Ken Seitz of Nutrien Ltd joins us to discuss the biggest cost drivers of fertilizer on the market and what the company is doing to deliver high crop yields and maximize productivity. Plus, though the c...

Liquidity concerns around “stablecoin” provider Terra has caused a hit on confidence across the crypto spectrum, with many of the coins seeing major losses this week. Juthica Chou of Kraken joins us to discuss the current state of the crypto market, recent Bitcoin price movements, and hedging inflation. Plus, Disney reported in its earnings report yesterday stronger-than-expected growth in Disney+...

This week, it’s all about inflation, with the April CPI, PPI, and Import Prices reports due. Michelle Girard of Natwest Markets Securities joins us to discuss whether she expects today’s CPI report to reinforce the Fed’s current projected rate path. Plus, the Department of Commerce’s investigation into 17.5 gigawatts of solar capacity installations may threaten nearly 66% of the U.S.’ energy plans...

It’s a big day for high-interest earnings reports, and at the top of the stack is Peloton. But compared to the start of the pandemic, when sales were booming, by how much has demand for connected fitness equipment slowed? Daniel Adam of Loop Capital Markets joins us to discuss why Peloton is still a valuable stock worth substantially more than its current market value. Plus, with global port conge...

Biotech stocks, a former pandemic winner, have been falling since April, with the S&P Biotech ETF down nearly 40% this year. Salim Syed of Mizuho Securities gives us his take on what will happen to these biotech companies in the near-term. Energy, on the other hand, seems to be on an unstoppable winning streak, as oil and gas stocks continue to make positive moves amid this volatile market. Biraj...

As inflation fears continue to grow, investors fear shoppers are starting to scale back non-essentials spending. Scott Mushkin of R5 Capital joins us to unpack why the consumer discretionary sector is getting hit especially hard. Also doing poorly are tech stocks, as the NASDAQ is coming off of its worst single day performance in almost two years. Dan Ives of Wedbush Securities joins us to discuss...

Eric Ripert, co-owner and chef at Le Bernardin and Vice Chairman of City Harvest, joins us to discuss the organization’s efforts to deliver more than 100 million pounds of food to nearly 400 food rescue outlets across the five NYC boroughs. He dives into Le Bernardin’s recommitment to City Harvest after reopening post-pandemic and his work to strengthen local food systems. Plus, OPEC is meeting to...

Former Fed Vice Chairman Roger Ferguson says the hurdle for a 75 basis point rate hike is high. Plus, Amrita Sen of Energy Aspects discusses the impact of EU members agreeing to a shorter-term phase out of Russian oil & gas. And, Greg Sarian of Sarian Strategic Partners says investors should seek out high quality cash-rich companies that offer dividend value. Hosted by Simplecast, an AdsWizz compa...

The Federal Reserve is kicking off a two-day meeting today, which is expected to end in a 50 basis point hike. But word on the street is that the Fed might be even more aggressive, especially in light of Tuesday’s news that Australia has hiked its interest rate for the first time in over a decade. Stephen Halmarick of the Commonwealth Bank of Australia and Priya Mirsa of TD Securities discuss thei...

Gina Sanchez of Chantico Global and Lee Baker of Apex Financial discuss whether there are still quality names in the market, following April’s meltdown. Plus, Guggenheim Partners Global CIO Scott Minerd discusses the Fed, bond market and equities with Brian Sullivan at the Milken conference. And, Jon Najarian reveals where the options action has been headed as the markets sold off. Hosted by Simpl...

With more competition comes more innovation. But what about the growing battle between companies and governments? Makan Delrahim, the former Assistant Attorney General for the Department of Justice, joins us to discuss how anti-trust issues and the media are making their way into politics. Plus, Apple and Amazon reported quarterly results yesterday, with the former topping estimates and the latter...

Stacey Widlitz of SW Retail Advisors discusses what’s been driving the weakness in the consumer discretionary sector, and how not all retailers -- such as discount chains -- are created equal. Joel Kulina, Head of Technology/Media Trading at Wedbush Securities, discusses the tech sector outlook ahead of the anticipated Big Tech earnings reports later today. Matt Orton of Carillon Tower Advisers gi...