we show you how to follow the cnbc investing club all the time.sential one when some company shows you who they are, believe them the first time. or to put it as bluntly as possible. when a ceo tells you that business is bad, take the word for it. don't try to make excuses for them. just get the heck out. sell, sell, sell. at least until the smoke clears and you get a better assessment of the damage. let me read you the rest of that maya angelou quote, because there's another valuable insight in here for investors, she continues, people know themselves much better than you do. that's why it's important to stop expecting them to be something other than who they are. end quote. the same thing holds true in the corporate world. a company's executives are almost always going to know their business better than you will, unless they're being ridiculously negligent. that's why it's so important to listen to what these ceos and cfos have to say, whether on the quarterly conference call or when they come visiting on our show, or even someone else's show. h

plus join the cnbc investing club and stick with cramer around the clock. >> this is my. legacy. >> we love teaching club members how to manage their own portfolios. we teach you the right way to develop your own investment strategy. >> i think it's very important to teach your kids. about financial awareness. >> and. >> investing in the market is a wonderful place. >> to start. >> i've learned to save my money and act decisions through my portfolio. and save for retirement. >> we teach club members how to invest the right. >> way. >> way. >> get invested, join the club after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything. your shipping manager left to "find themself." leaving you lost. you need to hire. i need indeed. indeed you do. sponsored jobs on indeed are two and a half times faster to first hire. visit indeed.com/hire free hydration. >> scientific

intense level at the cnbc investing. >> club that. >> i want you to join. >> tonight, i want to introduce you to the. concept that is so. >> important and it's called suitability. basically, what stocks fit you? >> what investments. >> are right for you? not for this week, not for this month, but. >> for your age. >> for your temperament. i first heard of. >> the concept. >> of suitability when. >> i was in training. >> at goldman sachs for the group. >> that. helped small institutions and. >> individuals, now called private wealth management. i've been buying individual stocks for myself and others. >> for. >> a half. >> decade. >> before i got to goldman. >> in 1983 as a summer intern. >> at the time, i was watching. financial news network between classes at harvard law school. that was the predecessor to cnbc. whenever i could, i'd run over to the harvard business school library, where they had all these old research reports from long gone firms like based shearson lehman about stocks. >> totally on a catch. >> as catch can basis. those of you who grew up with. >> the. >> internet have

why i spend so much time teaching you how to do it, both on this show and of course, in the cnbc investing clubalk you through the whole process in extreme detail every day. what exactly is so bad about mutual funds? why am i railing against them? simple. if you're investing in mutual funds, you're most likely getting a bad deal. now, i don't want to paint with too broad a brush here. there are some worthwhile mutual funds and i'll tell you how to find them in a minute. but first, you need to understand the problem with the mutual fund business model that no one talks about. my main beef here is with actively managed mutual funds, mutual funds where there are people deciding which securities to buy or sell. unlike hedge funds, mutual fund managers don't get paid for delivering performance. they collect fees from their investors, people like you, and the amount of money they make depends entirely on the size of their assets under management, which means their biggest incentive is not necessarily to deliver good performance. no, what they're really being good at and what they get paid for is to f

been buying it aggressively for the trust, which you can follow by becoming a member of the cnbc investing club. the fact is, it's been ages since people thought of goldman or jp morgan as growth stocks. the biden administration was not exactly a friend of the financial industry. for better or worse, they no longer have to worry incessantly about the sec or the ftc or the justice department. those days are now over, and you can see it from the strength in their stocks. that's what's propelling it. fifth is amgen. and this this one has so many blockbuster drugs. i think it's absurd that the stock once again sells for nearly 14 times earnings. the flagship drug is repatha, which is the best medicine to lower cholesterol. they have studies showing that any amount of cholesterol is bad. so the sales just keep going higher and higher. why isn't amgen better known? i think it's because people don't know about its amazing anti-cancer franchise. when the company brings its weight loss drug, maritime to market, i bet that people will finally sit up and take notice. in fact, many clued in people have alr

invested. join the club today. go to cnbc.com. slash join jim. it is 5 a.m. here. at cnbc>> welcome to worldwide exchange. >> here is your five at five. fed chairman. >> jay powell. >> looks to. >> cut through the. >> noise with two days. >> of testimony on. >> capitol hill. >> that starts today. president trump. with a flurry of new executive. >> actions targeting u.s. >> trade. >> government oversight and business interests overseas. this morning. more allies turn rivals are responding. >> sticking with washington. >> and a looming d.c. deadline that could put the trump agenda on. >> ice, plus. >> the elon musk sam altman saga, it takes a very unexpected turn. >> and later, a check. >> on the supermicro stock pop ahead of a potential. nasdaq delisting. >> it is tuesday

invested. join the club today. go to cnbc.com. slash join jim. >> it is 5 a.m. here at cnbc. >> global headquarters. >> welcome to worldwide exchange. here is your five at five. >> clouds slow down. >> shares of amazon are getting hit forecasting its weakest sales growth in. company history. data on deck. >> investors are looking ahead to the final. >> jobs report of the biden administration and what it could mean for the fed. and if at first you do. >> not succeed. >> president trump tries again to close a tax loophole that's critical to many on wall street. plus, a cnbc exclusive with the ceo of snap on talking everything from earnings and tariffs to hiring. and later, why wall street. >> may be rooting. >> against an eagles super bowl victory. we'll debate if they're haters or there's data that supports that thesis. i'm leaning more towards the first one. it is february 7th, 2025, and you're watching worldwide exchange right here on cnbc. thanks so much for being here with us. i am frank. >> holland, also. >> an eagles fan. just full disclosure, we begin with the major in

invested. join the club today. go to cnbc.com. slash join jim. it is 5 a.m. here. at cnbc. >> global headquarters. >> welcome to worldwide exchange. >> here is your five at five. fed chairman. >> jay powell. >> looks to. >> cut through the. >> noise with two days. >> of testimony on. >> capitol hill. >> that starts today. president trump. with a flurry of new executive. >> actions targeting u.s. >> trade. >> government oversight and business interests overseas. this morning. more allies turn rivals are responding. >> sticking with washington. >> and a looming d.c. deadline that could put the trump agenda on. >> ice, plus. >> the elon musk sam altman saga, it takes a very unexpected turn. >> and later, a check. >> on the supermicro stock pop ahead of a potential. nasdaq delisting. >> it is tuesday. >> february 11th, 2025. >> you're watching. >> worldwide exchange right here. >> on cnbc. >> good morning. thanks so much for being here with us. >> i am. >> frank hollins. >> get you ready for. >> the day ahead. we begin with the major indices coming off a winning day. >> and th

invested. join the club today. go to cnbc.com. slash join jim. >> it is 5 a.m. here at cnbcheadquarters. >> welcome to worldwide exchange. here is your five at five. >> clouds slow down. >> shares of amazon are getting hit forecasting its weakest sales growth in. company history. data on deck. >> investors are looking ahead to the final. >> jobs report of the biden administration and what it could mean for the fed. and if at first you do. >> not succeed. >> president trump tries again to close a tax loophole that's critical to many on wall street. plus, a cnbc exclusive with the ceo of snap on talking everything from earnings and tariffs to hiring. and later, why wall street. >> may be rooting. >> against an eagles super bowl victory.

cnbc. >> i started the club to make you a better investor. >> the value you're going. >> to get from. >> making better investments more than outweighs. >> whateverf the membership is. >> get invested. join the club today. go to cnbc.com. slash join jim. >> all right. welcome back to worldwide exchange. u.s. stock futures are off session lows but still down more than 1% across the board. the nasdaq the hardest hit down more than 1.5%. small caps down more than 2%. joining me now jay woods chief global strategist at freedom capital markets. jay good morning. great to have you here. start off seeing a big sell off on wall street right now, at least in the futures market. even though the president indicated we'd see these tariffs. why do you think we're seeing such a big reaction. >> yeah i. >> mean there's. >> still uncertainty. >> we don't know. >> what the retaliatory strikes are going to be. china's been awfully quiet. >> i know it's the lunar. >> new year. so there's a holiday there. but this is just the first of a string of negotiation tactics that the president is taking. and we're not certain where this is going to lead us. so we always sell

cnbc live. ambitiously. >> i started the club to make you a better investor. >> the value. >> you're going to get from. making better investments more. >> than outweighs. >> whatever the cost of the membership is. >> get invested. join the club today. go to cnbc.com. slash join jim. last chance to be on the disruptor 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. >> most power. >> players on wall. >> street rate. >> nvidia a strong. >> buy today. >> yet why then are so many legendary investors quietly ignoring that advice. >> and instead. >> selling the stock hand over fist? every billionaire on your screen has recently sold nvidia. some have offloaded millions of shares. and mark my words, this is bigger than nvidia. hedge funds are quietly selling all of their tech stocks at the fastest rate we've seen since 2016. it begs the question what do they know that you don't? my name is mark chaikin. >> i help build. >> three indices for the nasdaq during my 50 years on wall street. that means i know how to recognize these signals from the tec

cnbc live. >> ambitiously. >> young savers, retirees, workers get invested. join the clubor too old to start investing. it's an investment in your future. >> and your children's. >> future and your retirement. >> i came to the investing club with my mom to learn more from jim about. >> our investments. >> in order to have a great financial future. >> i am ready to help you invest confidently for the long term. >> get invested. join the club today. go to cnbc.com. slash join jim. >> well our next guest has a front row seat to business competition in space as well as right here on terra firma on the basketball court. joining us right now is paul jacobs. >> he's the ceo. >> of satellite and communications. services provider global star. that company is listing on the nasdaq today. paul is also a minority owner and vice chairman of the nba's sacramento kings, and he serves on the boards of dropbox and arm holdings. and by the way, he's the former ceo of qualcomm as well. and paul it's great to see you this morning. >> thank you very much. sorry for such a long biography there.

cnbc. >> join the club. and we'll teach you how to manage your portfolio. >> for my mom. >> and jim cramer i've. learned how to. >> manage money, grow your portfolio. and save for retirement. >> get investedhe club today. go to cnbc.com. slash join jim. >> apple heading for a third straight positive session. still down though nearly 10% from its december peak now morgan stanley's eric woodring arguing this week the stock is still a buy. he joins us now to tell you exactly why. welcome back. it's good to see you as always. >> thanks for. >> having me. >> scott. what compelled you yesterday to put the note out? you did essentially a doubling down on this, this name. >> sure. so i think the news that we got yesterday from the. information that apple is partnering or in the process of partnering with alibaba to bring ai features to china is very important. it should not be overlooked. >> right? >> last time we were speaking. >> scott, we. >> talked about apple and the. >> china problem. >> that they have. they don't have. their advanced ai. >> technology in china. >> to put. some context. >> to that. >> when. we did our. smartphone survey in november, chinese consumers ranked access to ai tec