Power Lunch

It's another down day for the markets. The Dow is now off nearly 2,000 points in the two weeks since closing above 40,000 for the first time. But today's losses are all about Salesforce. That stock is down $55/share, accounting for about 350 points on the Dow, and weighing a lot on software and cyber security names including CrowdStrike, MongoDB, and Adobe. But if you look more broadly, 9 of the 1...

Remember all of the excitement when the Dow closed above 40K for the first time? It’s down about 1,500 points since, with stocks lower again today. We’ll dive into the markets. Plus, Elon Musk is offering the chance to win a Tesla factory tour to any $TSLA shareholder who votes on his $56 billion pay package. We’ll bring you the key details. Hosted by Simplecast, an AdsWizz company. See pcm.adswiz...

Markets are once again split today. The Nasdaq is soaring to a new record high, while the Dow is down nearly 300 points. We’ll examine the setup for stocks now that the summer season is underway. Plus, Salesforce earnings are on deck. And the software stock has been largely overshadowed by names like Nvidia. We’ll take a look at the fundamentals, technical and options trades on $CRM ahead of resul...

This holiday weekend could be make or break for the box office. Coming off of a series of recent flops, is there truth to the notion that this summer will never live up to 2023’s “Barbenheimer” bonanza? We’ll discuss. Plus, if the summer does prove to be a dud for Hollywood, could that mean less foot traffic for the malls and shopping centers that house theaters? REITs are already showing signs of...

Stocks are falling, with the Dow losing more than 600 points, as a post-earnings rally in $NVDA failed to lift the broader market. Chipmaker and AI darling Nvidia surged more than 8%, sending the shares above $1,000, after posting stronger-than-expected Q1 results and announcing a 10-for-1 stock split. We’ll break down it all means markets and your money. Hosted by Simplecast, an AdsWizz company....

Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating they lacked the confidence to move forward on interest rate cuts. We’ll break down what that means for markets and your money. Plus, Nvidia reports earnings after the closing bell. And while analysts expect results to “wow,” it could also be the chip maker’s last great earnings beat...

Microsoft is making a big push into AI laptops, unveiling a new branding called “Copilot Plus PCs” that could shape the future of its operating systems. We’ll discuss. Plus, Scarlett Johansson accused OpenAI of using an "eerily similar" voice to hers for its new GPT-4o chatbot -- despite having declined the company's request to provide her voice. We’ll get the key details. And, PGA Championship wi...

The Dow is turning lower today, after closing above 40,000 for the first time last week. Is 40K a sign of a top, or just another bit of momentum for this rally? We’ll discuss. Plus, the Nasdaq is holding on to record gains thanks to more AI optimism. Microsoft is kicking off its big developer event, and unveiling new AI PCs. We’ll bring you the key details. Hosted by Simplecast, an AdsWizz company...

Stocks are off of their record highs, but the Dow is still higher for the week. While the S&P 500 and Nasdaq are also setting records. We’ll discuss whether or not the rally still has legs with our guest host for the hour, Michael Farr of Farr, Miller & Washington. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advert...

The Dow hit 40,000 for the first time in today’s trading. Which means it took just over 7 years to double from the first time it hit 20,000. The S&P 500 and Nasdaq both reached record highs today as well. But while big round numbers are nice, and get attention, what do they really mean? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collectio...

The market just received the cooler data it was waiting for, as CPI dropped slightly in April to its lowest reading since 2021. We’ll discuss what it means for stocks and the Fed’s next move. Plus, the White House’s EV tariffs were meant to protect America’s auto industry. But in doing so, it may have hurt progress toward an all-electric vehicle market. We’ll explore. Hosted by Simplecast, an AdsW...

America’s chess match with China continues, as the White House raises tariffs on $18 billion worth of Chinese imports. We’ll discuss the global impact. Plus, “Meme Mania” is roaring back to life on the back of tweets from ‘Roaring Kitty.’ But some retail traders think it could play out differently this time. We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informati...

We’re watching big tech closely today. OpenAI, which is backed by Microsoft, just unveiled a new flagship model. And it may team up with Apple to put ChatGPT on the iPhone. We’ll bring you the latest details.  Plus, Meme Mania is back – at least for today. “Roaring Kitty” tweeted for the first time in 3 years, and that sent shares of GameStop, AMC and Blackberry all higher. We’ll discuss what it m...

Stocks are losing some steam, but the Dow is holding onto gains, which would make it an 8-day winning streak. What could derail this rally? Could it be the Fed? We’ll hear from 2 Fed presidents, Neel Kashkari and Austan Goolsbee, about when the central bank’s  first rate cut could come.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of...

Apple’s new ad is drawing criticism that the company is “crushing” everything. And at Google, profits are high, but worker morale is low. We’ll dig into that. Plus, many companies are making big moves after reporting their earnings. We’ll cover 3 key reports in a deluxe edition of Three Stock Lunch. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection...

Regulators are reportedly investigating Tesla’s self-driving claims, including whether it committed securities fraud or wire fraud during that criminal investigation. We’ll bring you the latest details. Plus, Morningstar’s Outstanding Portfolio Manager of the Year, JPMorgan’s Clare Hart, joins us to discuss her 20-year run as the head of the one of Wall Street’s most under-appreciated funds. Hoste...

We’ve got lots of huge stories in the tech space today. Apple is making headlines. Washington is targeting tech platforms. And Stanley Druckenmiller has some strong words on AI. We’ll tell you all you that you need to know. Plus, we’ll do a deep dive into the future of the advertising industry – including why Amazon’s approach to retail media could redefine the ad space as we know it. MNTN CEO Mar...

This hour we’ll break down what we heard from Warren Buffett at the Berkshire Hathaway annual shareholder meeting over the weekend. Plus, we have a pair of power players on the menu: Citadel’s Ken Griffin, and the Head of Volkswagen’s Americas Group. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are rallying to end the week, as the jobs number came in short and the unemployment rate rose, leading some to believe the Fed could start cutting rates soon . Markets seem to be going with “bad news is good news.” We’ll discuss what it all means for you and your money.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal d...

A day after Fed-induced whiplash, markets are moving higher. There’s a lot of anticipation for Apple’s results after the closing bell. We’ll dig into what the company could possibly say to satisfy investors. Plus, shares of Carvana are surging, up more than 30% today and nearly 1,500% in the past year. And more and more analysts are now becoming believer in it. Should you join them? We’ll trade it...

The Federal Reserve held its ground on interest rates, keeping its benchmark short-term borrowing rate between 5.25%-5.50% as stubborn inflation persists. The federal funds rate has been at that level since July 2023, when the Fed last hiked and took the range to its highest level in more than two decades. With its decision to hold the line, the committee in its post-meeting statement noted a “lac...

We’re just 24 hours away from the latest Federal Reserve decision on interest rates, with more conflicting economic data coming out today. We’ll discuss the difficult position for the Fed right now. Plus, the other big piece of the market puzzle right now is earnings. We’ll trade some of the big names which reported results, and preview some more that are on deck. Hosted by Simplecast, an AdsWizz...

Stocks are building on Friday’s rally and getting a boost big from Apple, which is contributing to gains for all the major averages. We’ll discuss what it means for markets. Plus, shares of Tesla are surging on news of Elon Musk’s surprise visit to China, and a deal to get approval for full self-driving there. We’ll get the key details. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com...

Stocks are rebounding today, continuing the turnaround that began late yesterday morning. The Nasdaq is the outperformer today, boosted by strong earnings from Microsoft & Alphabet. We’ll dive into that and much more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The CNBC Stock Draft is our annual stock-picking competition pitting market professionals, athletes and celebrities against each other. Each team makes two picks from a list of 60 stocks and other investments. The winning team’s stocks garner the highest average price appreciation between the closing prices of April 25th, 2024, and Feb. 7th, 2025.    Hosted by Simplecast, an AdsWizz company. See p...