Power Lunch

There are two big things that markets are watching right now: earnings and the Fed. Some big results came out this morning. Some huge names will report this afternoon. But the biggest name of them all, Jay Powell, takes the stage tomorrow. We’ll break down what that all means for stocks. Plus, JetBlue just swung to a loss in Q4. We’ll dive into the results with the incoming CEO, and what lies ahead for the merger deal with Spirit. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s Fed week. Investors are preparing for the first decision on interest rates of 2024. No change is expected this time, but the markets are split on what will happen in March. Plus, Costco is the stock many analysts think is a must-own for any kind of economic environment. We’ll talk to one analyst who says it’s his top pick, and why account sharing isn’t just a problem for Netflix. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed’s favorite inflation gauge, Core PCE, just rose nearly 3% from a year ago. Between that and credit card company earnings, we’ve received plenty of interesting consumer insights. We’ll dig into them.Plus, a looming labor strike in Las Vegas is threatening the biggest sporting event of the year – and in more ways than one. We’ll bring you the latest details, including what’s at stake for the local economy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fourth quarter GDP came in much stronger than expected. But earnings continue to roll in, and we’re hearing lots of profit warnings. So what kind of economy do we have? And what’s the Fed going to do about it? We’ll discuss.Plus, Elon Musk and Tesla gave zero guidance on their conference call. And that worries Wall Street about future growth. The stock is down 10% today and 25% to start the year. We’ll explore where the firm goes from here. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

There are 2 CEOs in the spotlight today. Dave Calhoun is facing questions from lawmakers over Boeing’s safety procedures. And Elon Musk is facing investors as Tesla reports results. We’ll tell you all you need to know. Plus, is Trump vs. Biden: Part 2 a certainty at this point? And if so, will the big money donors which had been behind Nikki Haley defect to Trump as he tries to retake the White House? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The market rally is hitting a roadblock today, as earnings really start to roll in. Will that be what kills the rally, or will strong results actually add another log to the fire? We’ll discuss.Plus, home prices are so high, realtors are increasingly glossing over the eye-popping total costs – highlighting the down or monthly payment instead. Will it help woo more buyers? Well ask an expert. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are higher again today, with all 3 major averages now higher for the year after a rough start to 2024. But is the rally based on “bet” that may not even come to fruition? We’ll explain.Plus, speaking of bets -- we’re seeing growing complaints from sportsbook customers claiming bad lines are impacting their payouts. We’ll dig into the details. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Google is warning employees that more job cuts are coming, even as the company has ambitious goals. We’ll discuss what it means for big tech in 2024.Plus, we’re seeing signs of progress in Washington over how to tackle the country’s $34 trillion in debt. We’ll talk about why it matters to lawmakers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

All eyes are on China, as voters in Taiwan re-elected its ruling party despite warnings from the regime in Beijing. We’ll discuss the fallout for markets, geopolitics and the global economy.Plus, another controversial tweet from Elon Musk. He says he wants more voting control over Tesla, or else he’ll take his great ideas elsewhere. We’ll tell you all you need to know. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Inflation and the Fed aren’t the only issues affecting markets right now – now are earnings, too. UnitedHealth is accounting for nearly all of the Dow’s losses on concerns over higher-than-expected medical costs. We’ll discuss.Plus, earnings for big banks are rolling in, with some signs that the sector is weakening. We’ll hear from Bank of America CEO Brian Moynihan about bank results, the state of the economy 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.

Stocks are falling today, after the “rate cuts are coming soon” narrative took a hit thanks to hotter-than-expected inflation data. We’ll discuss what it means for both markets and the Fed.Plus, Bitcoin spot ETFs have officially begun trading after receiving SEC approval. But what’s the different between them? And which should you buy? We’ll explore all of the options. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Boeing CEO Dave Calhoun is doing damage control after that Alaska Airlines incident. We’ll speak to shareholder and brand expert about what he said, and he needs to do to reassure customers and investors.Plus, natural gas prices have been soaring to start the year. As the U.S. becomes the biggest exporter of liquified natural gas, we’ll look at some ways you can invest in the energy space right now. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Pharmaceutical giants are shelling out billions of dollars lately to buy promising new drugs. Is this a sign of good financial health, or a problem with pipelines? We’ll discuss.Plus, there’s more and more data coming out on Shein as it prepares for a U.S. IPO. We’ll break down it’s revenue numbers, and where it ranks compared to American retailers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Shares of Boeing are sinking today, after a door plug blew out during an Alaska Airlines flight. And it’s just the latest problem for the 737-Max series.Is it just another one-off unfortunate event, or a bigger black eye for the company and its management team? We’ll discuss.Plus, stocks are higher across the board, despite Boeing’s move lower. So were last week’s declines just a healthy pullback? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The economy added 216,000 jobs in December, much more than expected. While the unemployment rate held steady at 3.7%.But the labor participation rate saw its biggest one-month drop in nearly 3 years, meaning the pool of available workers is shrinking.Could this end up putting upward pressure on wages, and downward pressure on markets and economy? And what does it mean for the Fed’s plans?We’ll explore 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 data for advertising.

Another day, another downgrade for Apple’s stock – the second this week. The shares are down more than 5% to start the year, as concerns over iPhone demand grow. We’ll speak to the analyst behind the latest call. Plus, Eli Lilly is taking weight-loss drugs directly to the consumer, setting up a new service to help patients get telehealth prescriptions. We’ll ask a medical doctor about the potential implications. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Federal Reserve officials concluded that interest rate cuts are likely in 2024, though they appeared to provide little in the way of when that might occur, according to minutes from the December meeting released today. We’ll explore what that means for markets and your money.Plus, the auto market ended 2023 with the pedal to the metal, posting its strongest sales year since 2019. Are consumer smore flush with cash, or is this just a post-pandemic pickup for auto buying? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re keeping a close eye On oil prices, after Iran dispatched a warship to the Red Sea. Is this yet another sign that tensions in the region won’t end anytime soon? We’ll explore that and the outlook for crude.Plus, it’s not just the first trading day of the year, but the first day for a host of new CEOs at big corporations across America. We’ll break down the key risks and challenges facing the c-suite in 2024. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A major lawsuit could have huge implications for the future of AI. The New York Times is suing Microsoft and OpenAI, claiming its chatbots we’re trained using copyrighted articles. We’ll explore the potential fallout.Plus, the markets are once again in the green today. And even though the gains are small, record highs are being hit seemingly every day. We’ll discuss whether or not the record rally can continue into the new year. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

If you didn’t get the new Apple watch for Christmas, you may not be able to get one for a while. A ban on importing it just took effect, with no relief from the White House. We’ll get the latest details.Plus, we’ll examine the best CEOs of 2023, and also which executives are on the hot seat heading into next year. We’ll ask leadership expert Jeff Sonnenfeld for his personal picks. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are holding onto gains today, with the major averages on pace for an 8th-straight positive week.Can the Santa Claus rally keep up momentum through the end of the year? We’ll debate, and give you some top picks for 2024 too. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’ve got 2 big CEO interviews from a couple of very interesting sectors on deck today.We’ll hear from the Splunk CEO on cybersecurity. It seems like every day there’s a new attack. Are the hackers always going to be one step ahead? We’ll explore. Plus, the CEO of Group 1 Automotive will join us to talk the state of dealerships and the broader auto market, including the softer-than-expected demand for EVs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Dow is trying for it’s 10th-straight positive day, despite a major earnings miss from FedEx. Can the record rally keep rolling? We’ll ask the experts. Plus, the craft beer boom may be over, but they’re still popular -- and draining profits from bigger brewers. We’ll talk about the business side and stock side of the industry. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today we’ll highlight 2 important topics having a major impact on business: AI and retail theft.We’ll talk to NJ Governor Phil Murphy about his plans to get the Garden State ready to be a leader in Artificial Intelligence.And Sen. Mark Warner & Sen. John Kennedy will join us as they introduce a bill aimed at protecting financial markets from AI manipulation.Plus, retail theft is changing the way we shop. More items are locked away, if they’re even in stock. Is it ruining the consumer experience in-store? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are starting the week off with gains, following 7 straight positive weeks from the major averages. We’ll talk to a market watcher about the biggest thing to watch in 2024.Plus, oil prices are rising as tensions heat up in the Red Sea. BP now says it will stop sending tankers there. We’ll get the key details, including all you need to know. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are getting a reality check today. After soaring to new highs on hopes of the Fed cutting rates sooner than later, John Williams says they’re not talking about that right now. We’ll discuss the implications. Plus, despite the pullback, the major averages remain on pace for their 7th straight week of gains. But with a rally like that, our trader says some stocks have gotten ahead of themselves. We’ll get his take on 3 of them. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Dow is notching another record high today, as the Post-Fed market rally rolls on. Can stocks keep this momentum going into the new year? We’ll discuss.Plus, we’ll look at the impact of interest rates on the real estate market. If we’ve hit a peak, could the market start to unfreeze? We’ll ask Don Peebles. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Federal Reserve held its key interest rate steady for the third straight time, but also set the table for multiple cuts to come in 2024 and beyond.Along with the decision to stay on hold, committee members penciled in at least three rate cuts in 2024, assuming quarter percentage point increments. That’s less than market pricing of four, but more aggressive than what officials had previously indicated.We’ll break down what that means for markets and your money, right up until Fed Chair Powell’s press conference. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re just 24 hours away from the Fed’s decision on interest rates. No change is expected. But with another tame inflation reading this morning, will the Fed hint when rates could start to come down? We’ll explore.Plus, AI is transforming everything we do, including banking. We’ll speak to an analyst who is looking at the regional banks, and breaking them out into AI leaders or laggards. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today has seen a ton of deal-making news, each highlighting trends across multiple sectors. Arkhouse Management and Brigade Capital offered to buy Macy’s for $5.8 billion. Occidental Petroleum is buying Permian producer CrownRock for $12 billion. And Paramount shares jumped after reports of takeover interest. We’ll break down what these deals mean for their respective industries. Plus, the Los Angeles Dodgers agreed to pay all-star Shohei Ohtani a record-setting $700 million over 10 years. We’ll break down what it means for the economics of baseball. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The U.S. added 199,000 jobs in November, more than expected and contrary to signs the labor market may be “cooling.” We’ll break down what it means for the Fed and markets.Plus, Google unveiled it’s new AI tool “Gemini,” and the stock soared. But now we’re learning more about what it can really do. We’ll speak to an analyst about what it can do for the stock. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

There’s a big jobs report on deck tomorrow, as the labor market is showing signs that it’s starting to cool. We’ll discuss what to expect, and what it could mean for markets.Plus, we’ve had some big CEO interviews on CNBC this week. We’ll hear from the head execs of AMD, Amazon & ExxonMobil, and get our trader’s take on the stocks in Three Stock Lunch. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

AMD just unveiled a new AI chip, in a direct challenge to rival Nvidia. We’ll bring you the details.Plus, striking Swedish mechanics are getting an assist from their neighbors in a labor dispute with Tesla. We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Now that interest rates are up, many investors are seeking the safety of bonds or even money market funds. But those who have, also missed out on huge November rally. We’ll discuss.Plus, gamers are getting a look at Take Two’s ‘Grand Theft Auto VI’ release. The previous version did a billion dollars in sales in just a few days. Can the latest installment do even better? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are the story today, with stocks heading lower. Is this just a normal pull back in the midst of a larger rally, or a sign markets came too far, too fast? We’ll explore. Plus, shares of SAIC are hitting an all-time high after its latest results and improved guidance. The company does IT for the Department of Defense. We’ll speak to the CEO. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Pfizer’s effort to join the weight-loss drug craze just hit a major setback. Patients are quitting its trial after experiencing unpleasant side effects. We’ll bring you the details, and the stock reaction.Plus, our Retail Ecosystem series concludes with a look at luxury stocks. Is the high-end consumer still buying, or spending money elsewhere on things like experiences? We’ll ask an industry insider. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Elon Musk was unplugged and uncensored in a big interview yesterday. We’ll look beyond the expletives, and get to the heart of what he said about Tesla.Plus, it’s been a big month for stocks. The Dow is up 8% in November, and it’s the laggard of the major averages. Can these gains continue into December? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

OPEC delayed its planned meeting about production cuts, sending oil prices sharply lower. And it’s having an impact of bond yields and stocks as well. We’ll discuss the ramifications.Plus, it’s the busiest shopping week of the year, and a make-or-break time for most retailers. We’ll talk to an analyst who is coming from the mall to our set for a glimpse into how things are going. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

At their most recent meeting, Federal Reserve officials expressed little appetite for cutting interest rates anytime soon – especially as inflation remains well above their goal, according to minutes released Tuesday. We’ll discuss what that means for the markets.Plus, we’ve been seeing a lot of trouble for tech CEOs as of late -- whether it’s Sam Altman’s departure from OpenAI, Elon Musk’s ad backlash, or other executives receiving flak for giving China’s Xi a standing ovation. We’ll dig into the c-suite drama. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

One story is dominating the business world today: the dramatic events at OpenAI. Founder Sam Altman is heading to Microsoft after being ousted by OpenAI’s board.And now hundreds of OpenAI employees are threatening to leave the company and potentially follow Altman to Microsoft if the board doesn’t resign.We’ll break down everything that’s at stake, and what it 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 data for advertising.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are pulling back today, as the November rally takes a breather. Walmart is dragging on the Dow after some disappointing results. But November has still been a great month for stocks overall, especially the Nasdaq, which is up 9%. We’ll discuss.Plus, we’re awaiting remarks from President Biden at the APEC CEO Summit in San Francisco, following his meeting with China’s President Xi. We’ll take you there live when it happens. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are higher once again today, following yesterday’s big rally. The Nasdaq is already up 10% in November, and we’re only halfway through the month. Should investors prepare for a market reversal, or for a very happy holiday season? We’ll tell you all you need to know.Plus, President Biden and China’s President Xi are meeting in San Francisco. No major policy changes are expected, but could talks be enough to get China to soften its stance toward U.S. businesses? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.