Power Lunch

 Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target. Central bankers made no obvious indications that a rate cut was imminent. Instead, they maintained that more progress is needed before cuts can happen.We’ll break down what that means for both markets and your money, right up until Fed Chair Jerome 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.

The pressure’s on for the ‘Magnificent 7’ cloud giants when they report results this week. They’ll have to prove that all of the money they’re spending to build out AI will eventually pay off. We’ll discuss. Plus, we’re just 24 hours way from the Federal Reserve’s latest decision on interest rates. We’ll reveal what our mock Fed panel says they should do here. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s a busy week for your money, and the busiest week of earnings season. Microsoft, Apple and Amazon are all set to report results. And Fed will release it’s latest decision on interest rates on Wednesday. We’ll tell you all you need to know. Plus, former President Trump promised to “fire” SEC chair Gary Gensler, and also promised to build a “strategic bitcoin stockpile” at last week’s Bitcoin 2024 conference. We’ll discuss all of that with former SEC chair Jay Clayton.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are jumping as Wall Street looks to cap off a turbulent week on a positive note, and investors weigh fresh inflation data. The Dow is up about 2%, led to the upside by 3M. But despite today’s gains, we’ve seen more than a few cracks forming in both the consumer and the broader markets. We’ll discuss what that means for you and your money. Plus, Deadpool & Wolverine’ is hitting theaters, and shattering some records along the way. We’ll discuss what this means for the box office, as well as Disney and the media giants behind the IP.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors are still digesting yesterday’s breakdown in tech. And now some of today’s earnings results are  sending up even more red flags. We’ll dig into that. Plus, we’ll have a rare interview with head of Meta’s WhatsApp. The company is releasing key U.S. data for the first time, and they’ll share it with us. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are selling off today, weighed down by underwhelming reports from Alphabet and Tesla. The Nasdaq and S&P 500 are both on pace for its worst day since 2022.Wall Street says this was likely caused by a perfect storm of an overbought market, high bar for earnings and a seasonally weak period for equities. We’ll break it all down for you. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The earnings parade is in full swing on Wall Street, with a ton of key names moving on results and some even bigger ones on deck. We’ll tell you all you need to know.Plus, how did President Biden choose to announce he wouldn’t seek re-election? With a post on X. we’ll discuss why this could forever transform the social media landscape. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Biden has officially stepped out of the 2024 race, with many key members of the Democratic party backing Vice President Kamala Harris to take his place. We’ll bring you the latest details.Plus, Nvidia shares are heading higher again, while Alphabet is set to report earnings. And the ripple effects of last week’s global Microsoft outage are still being felt. We’ll break down all things tech for you. 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.

We’ll dig into why and how retail investors are trading, and whether or not they could be left holding the bag. Plus, Amazon is facing backlash over claims it’s ‘Prime Day’ discounts are nominal at best – if they even exist at all. We’ll get to the bottom of that. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.