Morning Call

The key pressure points in Alphabet’s earnings, from rising AI spend to growing scrutiny on search. Sarat Sethi, Managing Partner at DCLA, highlights opportunities in undervalued sectors like healthcare and diagnostics, says trade clarity could boost growth, and calls Thermo Fisher “a world-class compounder.” Nvidia’s $5T milestone, Microsoft’s OpenAI edge, Alphabet’s AI pivot, and Meta’s massive...

President Trump holds his first meeting with Japan’s new Prime Minister, announcing new trade deals as investors await Thursday’s highly anticipated sit-down with China’s Xi Jinping. From trade to tech, add Cathie Wood’s name to the growing chorus of investors throwing cold water on the idea of a bubble in the AI trade. Plus, gold does something for the first time since the 1990s as the shiny meta...

U.S. and Chinese trade officials pave the way for this week’s highly anticipated face-to-face meeting between the nations’ leaders — one that the Treasury Secretary says could help avoid the 100% tariffs coming November 1st. Plus, Wall Street cheers the progress, with U.S. stock futures broadly higher after the Dow closed above 47,000 for the first time ever. And later, it’s not just trade talks —...

The action in ETFs this week. Earnings are the main driver of the equity markets right now, says Stephanie Link, Chief Investment Strategist and Portfolio Manager at Hightower. The legalized gaming market. Peter Oppenheimer, Chief Global Equity Strategist at Goldman Sachs, says tech’s rally is grounded in fundamentals, not speculation, though rising excitement could eventually form a bubble. A loo...

 On AI, Clare Pleydell-Bouverie, Co-Head of Global Innovation Team at Liontrust, says growth is real, not a bubble, while X. Eyeé, CEO at Malo Santo, warns that its rapid evolution poses real dangers. Tesla’s high valuation reflects its tech potential, not profits. Gene Goldman, CIO at Cetera, says “markets are a little jittery right now;” overvalued, but not at risk of a bear market. Strong manuf...

Wall Street tries to extend its record run after the Dow does something for the first time, while gold sees its biggest one-day drop since 2013. Plus, Warner Bros. Discovery’s saga goes on—the media giant reportedly rejects a nearly $60 billion bid. And later, why Fitch says regional banks may not be out of the woods yet when it comes to questionable loans. Hosted by Simplecast, an AdsWizz company...

Big report today on Netflix and whether it still belongs among the Magnificent Seven. Plus, Apple hits a record high on iPhone 17 hype. And later, AWS is back online after a costly outage. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cameron Dawson, Chief Investment Officer at NewEdge Wealth, says the market “has an incredible ability to shake off bad news.” Insiders cash out millions in Dell, Albertsons, and Celsius stock sales. China tech stocks split opinions as investors weigh risks and opportunity. Global IT spending is predicted to top $6T as AI drives a new “supercycle of intelligence.” Investors should expect volatilit...

Barbara Doran, CIO and Senior Portfolio Manager at BD8 Capital Partners, says the system is pretty strong after the lessons of 2008 and 2023. CEO of Snap-on says repair demand and onshoring are driving U.S. growth as small businesses upgrade tools. Vertiv’s growth potential. Active ETF aims to capture the digital frontier from AI to crypto. A look at banks’ credit risks and balance sheets. Nikki K...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets. Hosted by Simplecast, an AdsWizz...

"Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and  impact across international markets. Hosted by Simplecast, an AdsWizz...

Wall Street’s on the wrong side of a new U.S.–China tariff tantrum. Premarket moves threaten Monday’s big bounce-back as Beijing adds nearly half a dozen U.S. firms to its blacklist. Plus, new doubts over yesterday’s whipsaw rebound — and the stocks leading the higher charge. And later, round two of stock picks you can’t afford to miss in the home stretch of 2025. Hosted by Simplecast, an AdsWizz...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets. Hosted by Simplecast, an AdsWizz...

Hitting the U.S. where it hurts. China is reportedly ramping up restrictions on U.S. chip imports just days after renewing its rare earth crackdown. Plus, this comes as Wall Street sees its worst day in weeks, trying to bounce back this morning. And later, the federal government is reportedly working to release a key batch of economic data despite ten days of a government shutdown. Hosted by Simpl...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets. Hosted by Simplecast, an AdsWizz...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets Hosted by Simplecast, an AdsWizz c...

OpenAI’s halo effect crowns a new AI kingmaker, shaking up a space once ruled by Nvidia’s Jensen Huang. AMD’s Lisa Su rides early gains as tech euphoria lifts markets to record highs. Meanwhile, AI euphoria and a big tech rebound push the Nasdaq and S&P to record highs, though futures signal a pullback as Wall Street reacts to a new warning from a famed investor. And finally, in Washington, the sh...

"Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets. Hosted by Simplecast, an AdsWizz...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank   Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and   impact across international markets. Hosted by Simplecast, an AdsW...

OpenAI sets the bar even higher, surpassing Elon Musk’s SpaceX to become the world’s largest startup. Plus, Republicans and Democrats locked in a game of chicken over a funding deal, as the White House warns of looming job cuts. And later, Wall Street once again shrugs off the drama in D.C., with futures holding steady.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informatio...

Partisan gridlock in Washington pushes the federal government into shutdown, while Wall Street watches with futures lower to start a new month and quarter. We break down the risks for critical sectors and what to expect as the Senate reconvenes this morning. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Less than 24 hours remain until a U.S. government shutdown, and leaders on both sides of the aisle appear worlds apart, with an 11th-hour funding deal looking less and less likely. Plus, Wall Street is holding its breath as stocks look to close out another winning month. And later, the countdown to the kickoff of earnings season—and the one stock you need to be watching today. Hosted by Simplecast...

Countdown to shut down. Washington, D.C. is on alert with less than 48 hours to make a deal ahead of a high-profile Oval Office face-to-face today. Plus, investors are watching from the sidelines, gauging the potential market impact with stocks near record highs. Futures are higher. And later, President Trump keeps the pressure on pharma, with new tariffs coming on the back of a critical deadline...

“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets. Hosted by Simplecast, an AdsWizz...

Stocks notch their biggest weekly loss as the AI trade cools. Plus, TikTok’s U.S. sale nears finalization. And later, the White House targets medical devices in a new tariff push. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.