we're going to get you the details on that and brian kelly the points guy is here. this is interesting to talk about how fear of flying now might affect air travel and airline stocks, but in the meantime let's get to the floor show to talk markets. banc of america securities head of u.s. equity, seveda subramanian is here with us. we've got an interesting market here today and i'd point to the resilience of the dow bulls, because earlier, the dow was down 243 points, and look at it now, punched all the way back into the green, albeit slightly, but what does that tell you? >> i think what it tells us is there is still sideline cash. there's still a buy the dip mechanism for the market, and where is that coming from? maybe it's coming from the 7 trillion in money-market funds that's just sitting there earning 5% yields, but you know, not necessarily that great of return in terms of capital appreciation and inflation protection, so i still think we're in an environment where we're climbing the wall of worry for certain parts of the equity market, and if you look at you

brian kelly is better known as the points guy.ears and now. >> he's sharing his secrets. brian kelly is the points guy, founder of the popular web site that helps travelers maximize their rewards. >> it started as a fun little dog that just sort of blew up dozens of countries and millions of points leader. he's sharing what he's learned over the past 15 years in his new book, how to win a travel. i think too many people leave their homes, losing a travel. and this book, i want to teach you how enjoy it. even when things inevitably his first tip, use google flights to find the best deals. i wish i could say tuesday's at 04:00pm is the cheapest. like day. everyone go get. it's not like that anymore. you have to use technology. the explore feature helps you find the cheapest flights across multiple destinations and dates for so many points quarters out there they don't know how to use their points. make the most of your flight points with point. todd meany, this tool finds the best redemptions. you can spend less points for the same

brian kelly is better known as the points guy.15 years and now. >> he's sharing his secrets. brian kelly is the points guy, founder of the popular web site that helps travelers maximize their rewards. >> it started as a fun little dog that just sort of blew up dozens of countries and millions of points leader. he's sharing what he's learned over the past 15 years in his new book, how to win a travel. i think too many people leave their homes, losing a travel. and this book, i want to teach you how enjoy it. even when things inevitably his first tip, use google flights to find the best deals. i wish i could say tuesday's at 04:00pm is the cheapest. like day. everyone go get. it's not like that anymore. you have to use technology. the explore feature helps you find the cheapest flights across multiple destinations and dates for so many points quarters out there they don't know how to use their points. make the most of your flight points with point. todd meany, this tool finds the best redemptions. you can spend less points for the s

brian kelly is going to be joining us. on how to maximize those loyalty programs and also avid making those common travel mistakes and we will have everything you need to know and of course more on the show. >> we have a message for you. she was so thrilled that drew barrymore did the banana peel monologue on watch what happens live. 10s across the board. nate. have a good one. small world. real housewives of salt lake city. >> pass my appreciation and thank yous. that's right. >> take care. >>> now taking another live look at the caesar's super dome in new orleans. that's where the super bowl will be playing on sunday afternoon. kickoff is at 3:30 our time. the kansas city chiefs will be trying to become the first team to win three consecutive super bowls to three-peat as they take on the philadelphia eagles. and for us, it's really actually game time right now. so to break down the super bowl match-up and so much more happening in bay area sports right now, we're joined by our good friend, 95.7 "the game" host mark willa

. >> again kelly i appreciate you. and brian having me on today. >> and it's been on again off again for tariffs. but it sounds like now steel tariffs aluminum definitely moving forward. aluminum looks like it could have an especially large impact. >> it really. >> could on both. >> and this. >> is totally unnecessary. >> attacking your closest. friends and you know treasured allies that we've stood shoulder to shoulder. and we're just stronger together. kelly evans saying let's create. >> an. >> american fortress because it's going to benefit both countries, americans and canadians. these tariffs are going to hurt both countries. mark my words. and unfortunately, the president has gone down this avenue, which there's no no reason to we can have two strong, wealthy, safe countries if we stick together. >> right. but let's talk, if we can, about exactly what the canada aluminum sector looks. i mean, first of all, you and others have been pretty vocal in trying to come up with a retaliatory tariffs. i remember going back to whethe

. >> specifically brian kelly. my son almost lost his life, coach. where were you?eement with our championship health partner, our lady of the lake, they have provided exceptional medical care for our student athletes in all of our sports. our lady of the lake also said it could not comment on the litigation but that its neurosurgical team is among the most experienced in louisiana and they give our patients the best opportunity for positive outcome in any circumstance. so what do you want most for him going forward? >> i want him to lead a productive life, whatever it may be. >> michael: little greg, for you? >> i just want to be normal. >> michael: now, instead of following his father's footsteps into the nfl, greg jr. has daily speech and occupational therapy. he's also had an outpouring of love and support from friends and family. my daughter isabella, diagnosed with the same tumor as little greg, just a month after him. what was your reaction when you saw her story? >> i said, my heart went out to you, man. my heart went out to you. and when i seen her come and

brian, it's great to see you again. welcome. >> hey thanks, kelly.. >> what are they doing right. that you know pepsi's lower. we talked about monster. some of those struggles kdp. why is coke. what have they figured out? >> you know. >> it's i think. >> the two. >> most important. >> things are. >> and james. >> i think in the clip you just you just shared. >> touched on it a. >> little bit. affordability. so small pack sizes, the. >> ability to kind. >> of dial a package type or package occasion that that really meets what's in the consumer's wallet. >> i think. >> the second thing is. >> you. >> know, coke has remained. >> committed to growing its core sparkling business. >> so marketing. >> advertising, new product innovation, like. >> they've kept pressure on the consumer. >> really through this, this whole post covid era. >> and. >> you know, i think. >> it shows up in the results. >> yeah. so, you know, shrinkflation sounds like a winning strategy basically, because like, you know, that may be what it is, but if people can only afford x, you k

brian. >> but kelly some big pharma and makeup. oh my slamming investor money.0% on new concerns around china. and estee lauder also crushed because of china and more job cuts. they're on the way. >> 7000, in fact. and palantir is up more than 20% and on track for a record

and we did get an email from kelly and kelly said i think it's brian kilmeade. love you all. ou are right. >> lawrence: what gave it away? >> so here is the moment of kate walking in to brian's office, it's -- beware, it is a little messy he revealed earlier. >> ainsley: he cleaned it up. >> steve: here is brian's office with the great ariana grande ♪ ♪ >> lawrence: can we talk about how did this happen? something on television triggered arianna. >> there is no way. >> it did. the tv often ignites. there is a whole world going on without me. >> steve: we don't hear the tv in there. we just heard her. steve. >> lawrence: tv said play arianna. >> brian: maybe vindman. >> steve: adams, alexa. quid pro quo sound like alexa? >> brian: maybe. >> steve: we had talked about quid pro quo. >> this is why no one wants to have offices near me. you heard nate complain and so -- right in between. >> lawrence: apparently this has been happening behind your back. >> ainsley: one t rap music blaring. >> lawrence: know it's on play list. >> brian: don't you feel bad when these devices that are

kelly o'donnell. >> nbc news. >> business and data correspondent brian chung, cnbc. >> global supply chain. >> reporter lori. >> ann larocco. >> a favorite. >> around here. and council. >> on foreign relations senior vice president. >> shannon o'neill. >> all right, everybody. kelly, i'm. >> going to begin with you. >> can you help. >> make sense of the explanations here? because because there have been so many about what these. >> tariffs are supposed. >> to accomplish. >> well. >> the. >> confusion. >> if any of us. >> and our. >> viewers are. >> experiencing it is warranted. >> because there. >> have in fact. >> been many different. >> data points. >> many. >> different comments made that are. >> not all coming together. >> to make. >> this. easily understandable. the president, we know. >> has a. >> long time. >> support for the idea. >> of using tariffs. he has employed them before. >> and he is doing so now. and it. >> is in. >> rendering the. >> kind of response. from mexico and canada are two closest neighbors and allies. to have a flurry of activity to. >> try. >> to get at the heart of this. what is. u

. >> are brian and. >> kelly. >> and we. >> dive right into your. >> money and highlight some rather shocking. comments from a big dc ceo that should have every taxpayer asking. >> what did. >> he just say? >> we are also watching two big stocks with big winning streaks. meta is going for a 17th straight session. it's turned positive. it's up half a percent today. nvidia has also been up six days in a row and is looking to make it seven, but is fractionally lower right now. coke reporting better than expected results thanks to higher prices. cfo saying that was driven by intense inflationary pricing and a handful of markets experiencing get this currency devaluations. the stock is now on pace for its best day in nearly three years. >> i have no idea what you just said, but it. >> sounds interesting. >> and shrinkflation, that's a smaller package. well, anyway, president. >> trump saying we. >> should all do less coke. >> drink less coke. there's a lot of places we could go there. the president meantime signing an executive order, loosening the enforcement of a 1977 law banning briber

brian. >> but kelly some big pharma and makeup. oh my slamming investor money. look at merck down almost 10% on new concerns around china. and estee lauder also crushed because of china and more job cuts. they're on the way. >> 7000, in fact. and palantir is up more than 20% and on track for a record close, getting a huge boost on earnings demand for ai. the stock is now, can i say sextupled in a year it's up 500%. >> is that what that is? >> i think so. sextupled quote me on that. >> sextupled. all right, let's start now with meta. you may not know the parent company, but you know its brands facebook, instagram and whatsapp. and whatsapp apparently is what's up, at least when it comes to the stock markets there. kelly. because this is the red hot stock story that others are not talking enough about. all right check this out. today is the 21st anniversary of mark zuckerberg launching what was then called the facebook. it was a web page to, let's be fair, hit on other college students. it's now closing in on being a $2 trillion idea. it's up again right now to $7

>> brian and i are old enough to remember, not kelly, because. >> that's what i was. delicately threading the needle. >> but brian and i are old enough to remember in 2008, around that time frame when we were talking about punishing savers by having interest rates so low, we are obviously living through the inverse of that situation. now. the idea, of course, is that interest rates are you have high interest rates to depress consumption and increased the likelihood of savings. but i would also add this is a larger conversation that we had that i sent to stephanie before. two years ago, a number of us were on air speculating that the fed is going to have to go to 6 or 6.5% to really get the type of economic slowdown, excuse me, economic slowdown to really bring inflation back to target within range. the fed said, no, we're not going to do that. they obviously subsequently did not do that. and i think. >> we're. >> dealing with the fallout of it now. >> that was a mistake. they should have. >> gone higher. >> yeah i think at the time there was not a majority view, but a

>> all right, welcome to power lunch alongside kelly i'm brian. right now we. >> are. >> seeing stocks down just a little bit. in fact well mixed. the s&p is up with the dow and the nasdaq are lower kelly it's because we have something happening right now. >> the fed minutes steve liesman is there. steve what can you tell us. >> minutes from the december for the january meeting are replete with mentions of concern both to the upside and the downside for the economy, from potential policies from the trump administration. the committee says that it's well positioned to take time to assess the evolving outlook. the fed wants to see further inflation progress before making additional adjustments to the funds target. as long as the economy remains near maximum employment. quote, there's a high degree of uncertainty made it appropriate for the committee to take a careful approach. trade and immigration policies were cited as having the potential to hinder the disinflation process, as business contacts were telling the fed, they, quote, would attempt to p

brian sullivan joins kelly evans power lunch, weekdays two eastern, cnbc. >> get invested.ub. >> the cnbc investing club is for everybody. i joined to achieve financial freedom in retirement. >> jim cramer. >> is the benefit you get that you can't get. >> anywhere else. it's a. >> great value. >> jim cramer gives you much more than you would ever get from any advisor. >> he teaches how to invest versus just what trades to make. return on investment for the club pays for itself. >> join the club new member savings and soon go to cnbc.com. join jim now. terms and restrictions apply. >> welcome back. as we close in the 6:00 hour as a check on a few big stories that. >> we're following this morning. delta is. >> offering the 76 passengers who were on. >> the toronto. >> bound flight that crashed after landing earlier this week, $30,000 each. that would cost the airline just over $2 million. a delta spokesperson says the offer has no strings attached and does not affect the passengers rights. >> microsoft, announcing what it calls a quantum. >> computer breakthrough with its new

brian sullivan joins. >> kelly evans power. >> lunch weekdays. >> two eastern cnbc. >> get vested joinlub. >> the cnbc. >> investing club is for everybody i joined to achieve financial freedom in retirement. >> jim cramer. >> is. >> the. >> benefit you get that you can't get. >> anywhere else. it's a great value. >> jim cramer gives you much more than you would ever get from any advisor. >> he teaches. >> how. >> to invest. >> versus just. >> what. >> trades to make. return on investment for the club pays for itself. >> join the club new member savings and soon go to cnbc.com. join jim now terms and restrictions apply. >> in the world of investing, a beast lurks. >> between the numbers. some watch from the safety of the sidelines, but others saddle up and ride that one ton rowdy ribeye for all he's got. if that's you, join us on tasty that's you, join us on tasty trade, named best with powerful, easy-to-use tools power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won'

. >> brian sullivan joins kelly evans power lunch weekdays at two eastern cnbc. >> i started the club to help you feel confident to invest yourself. >> free. >> market morning. >> meetings, afternoon meetings and. >> his. >> show. mad money. >> jim cramer. >> gives you. much more than. >> you would ever. >> get from any advisor. >> jim cramer is an excellent teacher for someone that wants to learn how. >> to manage. >> their own money. he teaches how. >> to invest versus. >> just what trades. >> to make. >> we teach club members how to invest the right way. invest the right way. >> get invested. join the (traffic noises) (♪♪) the road to opportunity. is often the road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. >> like you do. >> make our. >> new sugar free. >> your everyday sidekick. >> own your. >> ritual your way with liquid. i've. >> what if you could tackle your dog's itching, soft stools. >> and. low energy? >> millions o

. >> com the day's top stories driving wall street brian sullivan joins kelly evans power lunch weekdays >> earning season. >> on cnbc takes you inside the numbers. and when the ceos have a big announcement, they come here first. >> a wild hour of earnings. >> earnings season special coverage all this month on cnbc invest with an advantage with cnbc pro. >> cnbc pro gives you the tools that you need to become a better investor. >> go pro with a flash sale offer for a limited time at cnbc.com pro. flash terms and restrictions apply. >> welcome back to worldwide exchange. as we close in on the 6 a.m. hour check on some of the big stories that we are following this morning, let's start with the trio of chip stocks sinking ahead of the open. let's start with skyworks solutions. you can see shares are down more than 29% on track to lose a quarter of its value at the open after forecasting sales declines and what had been a highly lucrative mobile segment. management on the call highlighting increasing competition to get their hardware into apple's newest iphones. shares of arm holdings also s

brian sullivan joins kelly evans. power lunch, weekdays two eastern, cnbc. >> get invested.kes. >> the complex simple. >> and not to. >> make irrational decisions. return on investment for the. club pays for itself. >> join the club. new members save with a special offer for a limited time at cnbc.com. terms and restrictions apply. >> every day. >> i'm reading extensively. >> i'm checking the. >> markets throughout the trading session, working the phones, talking to sources and doing my own reporting to share insights, information and all of the details that you need to be able to make money. >> welcome back to worldwide exchange. as we close in on the 6:00 hour, here's a check on a few big stories that we're following this morning. japan weighing retaliatory action against the us following president trump's latest tariff threat, calling for 25% tariffs on auto imports into the us, japan says it is carefully examining the details of trump's comments and will respond appropriately. autos make up the largest component of japan's exports, with the us being its number one market

. >> street brian sullivan joins kelly evans power lunch, weekdays. >> two eastern. >> cnbc. >> lastruptor 50 list. is your startup disrupting the status quo? scan this code or go to cnbc.com. slash disruptors to apply now. entries closing soon. >> as we close in on the 6 a.m. hour, check on a few big stories that we are following this morning. apple is reportedly planning to unveil an overhaul of its low cost iphone se in the coming days, and put it on sale next month. the last se refresh was back in 2022. president trump meeting with u.s. steel ceo yesterday as the company looks to salvage its deal with japan's nippon steel. it's unclear what exactly was discussed at the meeting, though. the president is set to meet with japan's prime minister today. the president also meeting with the chairman of fedex, fred smith, yesterday as well. sticking with dc reports this morning, the white house is working on an executive order to fire thousands of health and human services workers, with the order being signed as soon as this week. as next week, i should say. the news coming just days aft

. >> brian sullivan joins kelly evans power lunch weekdays two. >> eastern, cnbc. >> overtime is aboutng what just happened in the markets that day and preparing for tomorrow. i'm looking to talk to all investors and sophisticated investors. beginning investors. i'm always learning. >> closing bell over time for eastern. >> cnbc get invested. join the club. >> he makes the complex simple and not to make irrational decisions. the return on investment for the club pays for itself. >> join the club new member savings and soon go to cnbc.com. join now. terms and restrictions apply. >> and welcome back to worldwide exchange as we close on the 6:00 hour. a check of a few big stories that we're following this morning. in the last hour, the senate wrapping up an all night voting marathon with republicans in that chamber getting their budget plan approved. but house republicans are pushing a different plan that president trump has endorsed. a vote on that legislation is set for next week. inflation in japan climbing to a two year high last month, hitting 4%. the rise is giving support for the c

. >> brian sullivan joins kelly. >> evans power lunch. >> weekdays two. >> eastern, cnbc. >> my grandfatherelworker with a third grade education. my father became a university dean. education has always been important to me, so that's why i'm so passionate about helping people manage their money. a lot of people think of ambition as a way to become rich. i see ambition as enriching your entire life. your financial life, your personal life, and the lives of people around you, your community. my ambition is to build people up. >> welcome back. >> to worldwide exchange as we close in on the 6 a.m. hour. here's a check of a few big stories that we're following this morning. citadel ceo and republican mega-donor ken griffin sending a stern warning over the negative impact from trump's approach to u.s. trade policy. he's calling the president's rhetoric bombastic, adding the damage has already been done. california regulators say they plan to impose a $1 billion special assessment on private insurers to shore up the state's insurer of last resort following the devastating l.a. wildfires. the stat

brian sullivan. joins kellyer lunch weekdays. >> two eastern, cnbc. >> and welcome back to worldwide exchange. let's turn back to the markets. markets and tee up the trading day ahead. joining me now is lisa thomas deputy head of global research at td cowen. lisa good morning. good to see you. >> hey there frank. how are you. >> so lisa i'm looking at the futures right now in the red across the board right now. just fractionally lower for the s&p and the nasdaq. with that in mind what's your word of the day? >> digestion. >> digestion is the word of the day. >> i think that i. >> think we as. >> people in the. >> market. >> which is a reflection of, of all of us, really. >> has been. >> taking on a lot. i think that the market. >> has gotten a. >> bit better. >> at figuring out. >> the pace of digestion. >> that's required, with. all of. >> the different inputs coming. us at us. >> as we've had particularly over. >> the last three weeks. >> but listen, there's. >> there's a lot of complexity. >> to digest. and s

brian. >> sullivan joins. >> kelly evans power lunch, weekdays. >> two eastern. >> cnbc. >> every day. >>'m reading extensively. i'm checking the markets throughout the trading session, working the phones. >> talking to sources. >> and doing my own. reporting to share. >> insights. >> information and all of. >> the details. >> that you need to be. >> able to make money. >> all right. welcome back to worldwide exchange. stocks are coming off a bit of a mixed session following that hotter than expected cpi report, which is pushing investors to further scale back hopes for rate cuts this year. they're now pricing in a move of 28 basis points, which is equivalent to just one cut. take a look at futures now in the green across the board we saw the s&p and the dow fractionally lower. all three are in the green right now. the dow looks like it would open up just fractionally higher. let's bring in mark smith, senior vp and portfolio manager at wells fargo advisors. mark good morning. always good to see you. >> hey frank. >> thanks again for having me on the early risers club. >> always good to h

brian sullivan joins kelly evans power lunch. >> weekdays. >> two eastern cnbc. >> get invested.n the club. >> the cnbc. >> investing club is for everybody. >> i joined to achieve. >> financial freedom. >> in retirement. >> jim cramer. >> is the. >> benefit you get that you. >> can't get. >> anywhere else. >> it's a. >> great value. >> jim cramer gives you much more than you would ever get from any advisor. >> he teaches how to invest versus just what trades to make. >> return on. investment for the club. >> pays. >> for itself. join the club new >> for itself. join the club new member savings and soon [announcement call] final boarding call. i didn't use agentforce, the powerful ai from salesforce, so an ai agent didn't send me the fastest route to my gate, which has changed. [airport bus engine] [whistling] i'll tell the pilot to hold the plane. they've got an app for that, dude! agentforce helps heathrow create a first-class experience. agentforce. it's what ai was meant to be. louis! okay everybody, that's lunch! (♪♪) mud mask? (♪♪) (grunting) at morgan stanley, old school ha

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designation from the fda and [ car engine revving ] >> all right, welcome to power lunch alongside kelly i'm briant now we. >> are. >> seeing stocks down just a little bit. in fact well mixed. the s&p is up with the dow and the nasdaq are lower kelly it's because we have something happening right now. >> the fed minutes steve liesman is there. steve what can you tell us. >> minutes from the december for the january meeting are replete with mentions of concern both to the upside and the downside for the economy, from potential policies from the trump administration. the committee says that it's well positioned to take time to assess the evolving outlook. the fed wants to see further inflation progress before making additional adjustments to the funds target. as long as the

kelly. >> i am brian. >> all right. president trump in the. >> oval office. >> he is talking tariffs. >> we're going to talk about the potential impact. >> of. >> more tariffs on. your money and the american economy. plus why. >> bad news. >> in europe may be very. good news here, especially when it comes to energy. >> and we're seeing gains across the board right now even as we begin to get these headlines from the white house the past 15 minutes or so. the dow has moved higher. a gain of a couple tenths. that's turned into a half point rise. the nasdaq is up nearly 1% right now. and we're watching meta to see if that winning streak can continue. still only down a third of a percent right now. so it's possible. it's been 18. it could be 19 if it's up today. intel also a big winner this week up 25% since monday. trump administration reportedly has reached out about possible collaborations with taiwan semi and one of the year's biggest winners. soaring again today. strong results. we're talking app lovin. it's now up 900

i am kelly evans, holding down the fort in new jersey today. and brian, hello. >> i am brian sullivan, as you can see behind us. >> kelly not. >> new jersey. this is our washington, d.c. bureau and we have got a big hour kicking off right now. we're going to look at whether or not spin offs tend to work out a few big chip names getting chopped and inflation. you can feel and taste. the big thing you all buy that is getting maybe, shall we say. you all ground up kelly. >> looking forward to it. it looks good down there. i'm excited. we got a lot on tap. let's get a quick check on the broader markets where the dow has turned negative in the past hour or so by half a percent, the s&p up eight, the nasdaq up a quarter percent. brian mentioned the chip stocks. and skyworks check this out today. losing almost a quarter of its value gets a lot of business from apple. says the business is shrinking qualcomm and cuervo down as well nvidia bucking the trend though it's up almost 3% back to around 128. we'll talk to an analyst defending that stock. and meta sounds

kelly. you just saw moments ago. i am brian sullivan.ve allegations against. >> massive insurance company unitedhealth. >> the company accused of bilking. >> taxpayers for billions. >> the story will. >> blow your mind. >> and a new study. >> has a plan to beat a's energy needs without taxing the grid's power. couples could be the answer. and speaking of couples. >> why are baseball. >> and espn apparently breaking up? we'll tell you. and what it may say about the future of sports streaming. >> absolutely. let's get you right to the markets which are lower across the board. and the losses have been accelerating over the past hour or so. the dow is down 700 points. call it. half of that is unh. maybe a little less now. but it's not just a unh story. as you can see the dow is down 1.6%, s&p 1.4, nasdaq 1.7. you don't see the russell's there but they're down two and a half. and with all of with today's declines all three major averages will finish lower for the week nearly 2% lower for the nasdaq. about that for the dow but still higher on

. >> she is kelly evans i'm brian sullivan. >> welcome to. >> power lunch everybody. >> as walmart. >acks the market. >> we're. >> going to. >> dive into. >> what the retailer. >> said that has some concern. plus how saudi. >> arabia could. >> become the. diplomatic go. >> to in peace talks and why it could impact the oil markets. and does president trump really plan to cut defense spending? we have got a rare and exclusive interview. >> with the. >> ceo of lockheed martin. >> on a week when those stocks have really been under pressure. so let's start with stocks under pressure today for sure. the dow just off session lows down 600 points about 1.3% s&p faring better down about half that much similar for the nasdaq. and walmart is the worst percentage decliner on the index, but it's only taking less than 100 points off it right now. so it's not the major story the walmart shares. that is a major story down 6.5%. but look goldman also down 5%. that's having a bigger point impact. so is amex jp morgan. those companies are all lower as well. those three names in fact are accounting for r

. >> kelly evans i'm brian sullivan.hopefully moving higher again today as the big rotation rolls on. >> small caps. >> looming large. and oh boy do we have a bevy of bottom line news for you right now, including housing and where it may be headed. why disney may be. showing the end of streaming growth, and where the wealthy are investing their money. and if you can follow, there is a lot going on with all of that. and big. >> tech kelly. all right, let's start there. in fact, as you mentioned, the nasdaq is close to a break even here. but shares of amd and alphabet are still down about seven 7.5% today. after those earnings last night apple and the red as well report that chinese regulators are considering whether to open a formal probe into app store fees. it's a paring its declines, though it's down about 1%. are these warning signs of bigger issues in the tech space? let's ask jeremy bryant. he's a portfolio manager at gradient investments, and scott nations is president at nation's indexes. jeremy, you got any i kno

we're going to bring in brian moody here who is with kelly blue book and talk about affordability with cars. is there a big push right now? i would assume with, you know, the rebate of ev going away, that our people are looking for affordable cars. >> yes. it's possible that the ev incentive might go away. a taxpayer funded incentive that have gotten people into electric cars to try it. that's a good thing. we don't know if it's going to go away. it could be a good thing because then cars have to be just as good as everything else without the incentive. it could be a concern, yes. >> reporter: something like this vehicle here you were saying was electric. walk us through it a little bit and tell us what is in it that makes it just as good as this car next to it that's not ev. >> right. this is the kia ev nine. this is a three row suv fully electric. it's on our list of kelly blue book best buy winners for 2025, meaning that we take into consideration the initial price, the resale value, that's part of value, how much your car is worth five years from now, that's money in your pocket, s

i am kelly evans, holding down the fort in new jersey today. and brian >> i am brian sullivan, as you can see behind us. >> kelly not. >> new jersey. this is our washington, d.c. bureau and we have got a big hour kicking off right now. we're going to look at whether or not spin offs tend to work out a few big chip names getting chopped and inflation. you can feel and taste. the

. >> kelly evans i'm brian sullivan.again today as the big rotation rolls on. >> small caps. >> looming large. and oh boy do we have ay

kelly evans. >> i'm. >> brian sullivan.for you inflation. >> we're telling. >> you stuff. >> you already. >> know but it's. >> costing you more at the. >> grocery store. and today. >> it might. >> it might. >> hurt some of your investments. although the nasdaq is higher now elon musk you might. >> have heard about him. >> he's got a. >> new role in government. tesla shares they're down since trump took office. but we're going to speak. >> with somebody

kelly. >> i am brian. >> all right. >> oval office. >> he is talking tariffs. >> we're going to talk about the potential impact. >> of. >> more tariffs on.ou

brian sullivan joins kelly evans power lunch, weekdays, two eastern. >> cnbc get invested.makes the complex simple and not to make irrational decisions. return on investment for the club pays for itself. >> join the club. new member. save with a special offer for a limited time at cnbc.com. terms and restrictions apply. >> welcome back to squawk on the street. gone to the grocery store and struggled to buy eggs lately i have. well you're not alone. bird flu continuing to wreak havoc in the space leading to the culling of more than 41 million chickens and sending prices flying up 53% since last year, according to january cpi report. joining us now to help distill all of this, pete and jerry is the ceo. tom and jerry is an organic and pasture raised egg producer. thank you for being here. can you help explain to us, for those of us who are not egg experts, we're maybe a consumers, but not in terms of the production. what are some of the key factors that influence the price of eggs right now? >> well good morning. >> thank you is unprecedented. it is purely a supply and demand

kelly. >> just talking about it, brian. thanks. let's first get a check on the markets as stocks have faded from this morng's highs. the s&p was within a few points of a record high. it's now down at just a couple of points. the nasdaq hit a two month high above 20,000. briefly. it's now down a third of 1%. and keep an eye on shares of meta, which inevitably have to be lower someday. and they're down 3.5%. is it because of you wonder they are breaking their 20 day win streak potentially. again, a 3.5% drop. but two hot stocks continue their rallies today. intel is one of them, up another 10% on these reports of a potential breakup. supermicro is up 13% and up more than 90% so far in february. we're also seeing some selling across the staples space. conagra. general mills, smucker hitting 52 week lows. strong dollar has been a headwind there. >> the meta story is a big one. all right. meantime, some big global macro headlines to kick off the hour. the u.s. and russia agreeing to appoint diplomats to try to work together to find a so

kelly's enjoying her valentine. i am brian sullivan. all right. it has been a heck of a week. tariffs inflation and elon musk sleeping. >> in the white house. >> and still your money does not care because what does the movie wall street never sleeps. >> stocks at the post. another big week. >> we are not soaring. >> today, but. >> the overall. markets and your money. >> up very nicely. >> since monday. the question really is why? and your first guest today says it may be a case of the market not crying wolf. >> let's get right. >> to it. joining us now to kick things off on the exchange is steven sosnick. he is the chief strategist at interactive brokers. hi, brian. good to see you. way over there. is this a case we hear a lot about tariffs. >> tariffs. tariffs. tariffs. >> but nothing is really happening. don't tell anybody. >> well that's. >> what's going on here is i think what the market is right to fear tariffs. but we at some point we have to see them. and so far what we've heard is a lot of bluster. and but yet we had the 25% tariffs that weren't, that have been postpon

>> brian sullivan joins. >> kelly evans. >> power lunch weekdays two eastern. >> cnbc. >> as a fan. >old on to the nba. the question really is how much more will he. >> have to pay? >> a lot of the revenue streams are guaranteed. >> team values continuing to soar. the countdown is on. cnbc sport official nba team valuations revealed tomorrow. >> in squawk box. >> india's prime minister's set. >> to meet with. >> president trump today. >> trade, tariffs and technology. >> all in focus. >> seema mody joins. >> us. >> now with more. >> good morning. seema. >> good morning joe. >> india you know may be the strategic ally to the u.s, but it too is fearful of being caught in a trade war. i'm told by sources prime minister modi will present to president trump in his meeting today a menu of tariff concessions on agriculture medical devices. after already cutting levies on american luxury cars and harley-davidson bikes a couple of weeks ago. modi will also acknowledge the growing u.s. india trade deficit and signal his intention to buy more defense equipment from the likes of stryker and liqui

. >> brian sullivan joins. >> kelly evans. >> power lunch. >> weekdays two eastern. >> cnbc. >> as at's all about. >> the numbers. >> we know he wants to hold on to the nba. the question really is how much more will he have. >> to pay? >> a lot of the revenue streams are guaranteed. >> team values continuing to soar. >> the countdown is on. cnbc sport official nba team valuations revealed friday in squawk box. >> drafted to. >> welcome back to squawk box. lyft shares dropping sharply after the company released fourth quarter results. lyft forecast current quarter gross bookings below the estimates. joining us right now first on cnbc is lyft ceo david risher. it's great to see you, david. let's talk about these earnings because in many ways you know it's been still a remarkable ride up. and yet in terms of what the expectations were a little lighter than some had expected. what say you. >> well good morning. >> andrew and i have a. >> lot to say. >> i have a. >> lot to say. >> so today. >> you got a big audience. i'm not going. >> to be talking to. >> traders out there. traders? you a

. >> brian sullivan joins kelly evans power lunch, weekdays, two eastern. >> cnbc get invested. cramer gives you much more than you would ever get from any advisor. >> he teaches how to invest versus just what trades to make. return on investment for the club pays for itself. >> join the club. new member savings soon. go to cnbc.com. join jim now. terms and restrictions apply. >> welcome back to squawk box i have a little bit of exciting. what do they say. personal news. is that what they do. >> i think. >> it's. >> not really personal. >> it's really personal for the world. and we were talking about earlier. i wanted you to know, and i wanted the audience to know that i have written a new book, a sequel, really a prequel to too big to fail. that's coming out not now, but coming out in october. so we can talk about it a lot more then. perfect. but it is a book. >> october 1929. >> that's why i said it's the prequel to too big to fail. it's a book about 1929. and it's called inside the story of the greatest crash in wall street history. and i, you know, i became obsessed. i start

brian: senator thune deserves a lot of credit. they are now ahead of barack obama's pace on confirmations. kellyoeffler is going to get through today. lutnick got through. kash patel, the labor secretary. >> lawrence: trump deserves a lot of credit. >> brian: brushback stop with the two bills. i want one big beautiful bill and senator thune said that caught me by surprise. okay. that was a nice diplomatic answer. >> ainsley: six minutes after the top of the hour. president trump is signing executive order ending all federal taxpayer benefits for illegal immigrants. >> lawrence: mark meredith with live at the white house with more on and this a other cost cutting moves. good morning, mark. >> today marks one month of president trump's second term and while it's been nonstop executive actions. the latest executive order issued overnight should certainly appeal to voters who feel the federal government bending over backwards to help illegal immigrants. the congressional budget office suggests that over the next 10 years, $177 billion was set to be spent on illegal immigrants. under the order issued

i'm kelly evans here at cnbc headquarters in new jersey. >> and i'm. >> brian sullivan here in. >> washington, dc. >> we're here. >> for a big. exclusive interview with the new secretary of energy. you saw. >> some of it earlier. >> live right here on cnbc. but we're. >> going to show you. what you didn't. >> hear or. >> see earlier. coming up. >> plus the. >> implications of some new tax. >> proposals from president trump and why it might impact your favorite football team. >> oh, yes. let's start with a check of the markets, though, because we're kicking things off here at session lows. the dow is down more than 400 points for the first time so far today. that's a nearly 1% drop. same for the s&p. and the nasdaq is down 1.3%. now the jobs report is one factor. we also we saw some inflationary pressures. we took a bigger leg lower at 10 a.m. when that sentiment report hit. sentiment fell a few points. inflation expectations really shot up. and that's when you saw more angst. we've also had a bunch of tariff headlines throughout the day today. the president saying there will be reciprocal tar

kelly. you just saw moments ago. i am brian sullivan.nsurance company unitedhealth. >> the company accused of bilking. >> taxpayers for billions. >> the story will. >> blow your mind. >> and a new study. >> has a plan to beat a's energy needs without taxing the grid's power. couples could be the answer. and speaking of couples. >> why are baseball. >> and espn apparently breaking up? we'll tell you. and what it may say

i'm kelly evans here at cnbc headquarters in new jersey. >> and i'm. >> brian sullivan here in. >> washingtonlusive interview with the new secretary of energy. you saw. >> some of it earlier. >> live right here on cnbc. but we're. >> going to show you. what you didn't. >> hear or. >> see earlier. coming up. >> plus the. >> implications of some new tax. >> proposals from president trump and why it might impact your favorite football team. >> oh, yes. let's start with a check of the markets, though, because we're kicking things off here at session lows. the dow is down more than 400 points for th

nbc's brian riley is following this for us, and greg brower is back with me. so, ryan, what more do we know about kellyt that his lawyers have made to try and get his conviction thrown out? >> yeah. >> this is an argument. >> that we've seen made by a lot of the. >> january 6th defendants. >> at least online. >> but, you know, this is a case where a lawyer actually made this filing saying that donald trump's pardon, which applied to the conduct of anyone who was arrested in connection with the capitol attack but regarded conduct that was actually committed on january 6th itself, was was part except for those few whose sentences were commuted. so he had been pardoned already for his crimes that day. but this, you know, this was a completely separate trial that took place in tennessee. a federal grand jury in tennessee convicted him, and it only took really an hour. and, you know, i should just point out that donald trump won the state of tennessee, i believe, with 64% of the vote. so not exactly, you know, the liberal capital of the world over in tennessee. and it shows how a lot of these filtering proc

confirm kelly loeffler as head of small business administration and kash patel is heading to a final vote and could be confirmed this week and those are your headlines. just a little update there. >> brian: more and more confirmations coming through. 19 after the hour, latest legal win for president trump's doge department as lawsuits look to slow down administration's agenda. will they be successful? other than are —sounds like you need to vaporize that cold. dayquil vapocool? it's dayquil plus a rush of vicks vapors. ♪vapocooooool♪ woah. dayquil vapocool. the vaporizing daytime, coughing, aching, stuffy head, power through your day, medicine. i'm not a doctor. i'm not even in a doctor's office. i'm standing on the streets talking to real people about their heart. how's your heart? my heart's pretty good. you sure? i think so. how do you know? you're driving a car, you have the check engine light. but the heart doesn't have a hey, check heart sign. i want to show you something. put both fingers right on those pads. there you go. in 30 seconds we're going to have a medical-grade ekg reading. there it is! that is you. look at that. with kardiamobile, you can take a medical-grade ekg in j

brian, first of all just let me say i want to. echo what guy. >> said earlier in the show. >> it's great seeing you and. >> kelly together. it's a lot of fun. it's not one plus one equals two. it's one plus one equals 3 or 4. you guys are are great. and it's been a lot of fun to watch because i've been with both of you guys before solo. >> and i really i really. enjoy it. so let me, let me just and it's nice to it's nice to be here on fast money for, for a few runs. >> so we've been having a good. >> time here too. last time in miami, this time in dc. >> but let. >> me get get to your question, which is how will jay react to the aggression from trump. >> that is going. >> to last probably through. >> may of 2026. >> which is when his term ends. and i think it's going to be different. >> than 2018. if you remember 18, it wasn't fun. >> he pushed back pretty hard. he said we were a long way. >> from neutral. >> we had a really. >> ugly christmas time in 2018 as the fed got. very hawkish, and then he had to pivot back and he started cutting. i don't think that that kind of line in the sand, that aggression is going to be the same. i think we'v