contessa brewer on booking. mackenzie.rts. >> after the bell with. >> wall street expecting 9%. >> revenue growth. >> to $6.3 billion. >> the stock. is up. >> 26% over the past year, but has. >> pulled. >> back 4% year to date. >> now, peers. >> paypal and. >> affirm have already. >> reported both. >> beat on earnings. >> investors will be. >> watching to. >> see whether. >> blocks rival. >> cash app business, a major profit. >> driver. >> shows similar. >> expansion and if gross payment volume picks up. now, bank of america calls block its top payments pick for 2025. >> also noting that. >> it could be added to. >> the s&p. 500 and. >> that underweight. >> positions from large investors may help drive future gains. >> now. >> another key focus. >> growth in. >> square's payment volumes. >> especially as the. >> stronger macro backdrop. supports a re-acceleration for. u.s. small. >> and mid-sized businesses. now we're seeing shares. >> of block. >> slightly down. >> with its. >> recently changed ticker. >> x, y, z. >> ahea

our contessa brewer joins us now live from new orleans. 're having a good time down there, contessa. good morning. >> i very well done there, frank. i've been hearing a lot of it, and i think you just nailed it. you know, super bowl really is a super opportunity for the nation's sportsbooks with lots of eyeballs and enthusiasm around the game, even from casual or non-sports fans. the whole football season has been a boost, though, geocomply tells us there's been a 20% jump in the number of betting accounts this season, and the industry expects the super bowl to set records once again for the amount wagered. $1.39 billion. that only counts bets in legal licensed sportsbooks. last year, the american gaming association estimated all gambling, including illegal and offshore, to be more than $23 billion. i mean, that really illustrates here the juggernaut that is unlicensed play. this year's sweepstakes based gambling has exploded. you've got cash and crypto.com offering trades on the game through the predictions markets. robinhood just this wee

contessa brewer, though, does know a lot.s on power lunch, hosting the entire hour in about about ten minutes. not even wearing a watch. coming up, shares of dollar general down more than 40% since they cut guidance for the first time back in august. company stock lowered again in december, and while management says slowing spending is partly to blame, one analyst channel check say that pricing channel check say that pricing could be the real when emergency strikes, first responders rely on the latest technology. that's why t-mobile created t-priority built for the 5g era. only t-priority dynamically dedicates more capacity for first responders. when i started walton goggins goggle glasses, i had no idea what i was doing. but godaddy airo does. using ai to build a logo, website and social content. so i can let the world know, if your goggles ain't goggins, they don't belong on your noggins! a little over a year ago, if your goggles ain't goggins, during a routine mammogram and ultrasound, i was diagnosed with triple positive

contessa brewer on wynn. mike i'll turn to you first.om a new closing high on the s&p. presumably because we didn't get these actual tariffs put into place today. just a study. we got to wait. and the market appears to be soothed at least a little bit. >> yeah. >> you know. >> as i was. >> saying to you in the noon hour. the market. >> wants almost nothing. >> new to happen relative to what we expected. >> on december. >> 31st in. >> terms. >> of the fundamentals. >> the market does not view tariffs as. >> like a battle we have to fight. so if we defer it, if it's not across the board, if it's not very punitive, if it doesn't. >> seem like. >> it's going to add too much friction, that's all the better. meanwhile, the indexes. >> the s&p has been hanging around the basket. right. it hasn't really been. >> able to buckle in. >> a. >> sustained way. >> this is. >> our seventh time. touching the 6100 level in the last. >> three weeks. >> whether that. >> softened it up. >> or not. >> we'll have. >> to see. i still do. >> think, you know, you

cnbc's contessa brewer joins us live from new orleans for more. ld be historic. and look, there is big money coming in. big money on the betting bowl. we could say 1.39 billion. the estimate of how much americans will wager on the nation's legal licensed sportsbook, according to the american gaming association. but that's just chump change. if you look at how much is wagered on office pools, on illegal bookies and offshore accounts, last year's wagering estimate included those platforms for a total of more than $23 billion. and this year you've got cash and crypto.com crowding their way in. robinhood tried and just ditched its effort to accept trades through the predictions markets. plus, there's sweepstakes style gambling and fantasy plus. look, it's just a lot of competition for the sportsbooks that have invested billions of dollars in licensing and customer acquisition. i got to ask chiefs quarterback patrick mahomes whether the boom in gambling is good for the game of football. >> it gets people watching. i think that that's good for the sport,

i'm contessa brewer. >> in for frank. >> holland who. >> of course loves the eagles. before we get to this morning's breaking. >> trade war news a quick. >> check on the us stock futures. major averages. >> coming off. >> a negative week. but right now you're seeing them across the. board s&p 500 indicated to open higher by 25 points. the dow jones by 145 or so and the nasdaq by 138. let's get a check on the bond market now with president trump hinting he could start taking a closer. look at this particular area. he was speaking on air force one yesterday. and you can see that the yield on the two year is 4.285. going higher. and the ten year 4.489%. >> also a. >> big week for data with cpi at wednesday and two days of powell testimony on capitol hill and two great measures of volatility in gold right now. we're seeing trading at an all time high. gold has hit $2,929. that's up about a percent and a half. we're also watching bitcoin which remains just below that $100,000 threshold at 97,633. but it's up 1.3%. and of course, our big story this morning, president trump

cnbc's contessa brewer joins us now to break down the numbers from the quarter contessa. >> yeah thel just wrapped up to melissa las vegas seeing healthy business against some really tough comps in the previous year. remember f one launched. everybody charged a ton on the call. ceo craig billings said they saw about a $20 million drop in ebitda. if you compare the two years of f one, mostly because of room rates, they went down. but he pointed out they were still 50% higher than wynn's two closest competitors. also, by the way, vegas players really love slots. the amount they wagered on those machines went up 13%. and we heard that from mgm yesterday saying that it set slot records. so hey, that's good for vegas moving forward. and billings said the first quarter shaping up well, excluding the super bowl, which vegas hosted last year, you can't really beat that in macau. billings said january saw full occupancy in the hotels. healthy gambling, strong volume for chinese new year, although he said hold was choppy. that's how much of the wagers casinos actually keep because of luck. cfo

can be used in trial that is set to begin in august. >> kelly podesta. >> thank you very much, contessa brewer-suite views on the state of real estate. after the break, we'll hear from the of tripoint homes on the headwinds facing homebuyers. and the owner of the iconic empire state building joins us to talk the health of office properties in manhattan. i am definitely asking him about congestion pricing as we head to break. here's a check on the dow hovering near session lows down 643 points. walmart is just a piece of that. we'll be right back. >> the number of public companies is shrinking while the number of private companies is increasing. at franklin templeton we're expanding access to the growing opportunity in private markets, offering the potential for greater diversification and enhanced returns. through our world class specialist investment managers. we are empowering advisors with solutions to build the portfolios of the future. today, alternatives by franklin templeton, your trusted partner for what's ahead. >> my oldest. >> daughter, camila. >> she came out. >> fighting two. >> d

but i do think the eagles are going to win our contessa brewer down in new orleans.re having a great time. thank you very much. all right. coming up here on worldwide exchange. looking ahead to the january jobs report and the fed's policy path forward. exclusive insights from ziprecruiter coming up after this. stay with us. >> high point university, the premier life skills university, is ranked the number one best run college in america by the princeton review. employers value hpa's real. world preparation. students love unprecedented access to global leaders on high points, inspiring campus, and parents appreciate hpa's god, family, and country values. choose to be extraordinary at high point university. >> i'm mark. >> and i'm. >> jennifer and. >> this is our timbertech story. >> our granddaughter loves to run around on the deck. >> it's cool to the touch. and she loves it. >> and she goes up and down from the deck to the lawn. >> she can run around. >> without the fear of getting. >> a splinter in her foot. >> timbertech decking looks like real wood. >> but there'

contessa brewer on expedia. >> yeah. the weekend of super bowl here scott. we've heard from royal caribbean and hilton earnings about the growth in demand here for travel. and we're watching to see how expedia is capturing that interest. the focus here is not just on the business that's doing directly with with consumers, but also the technical services that it provides business clients. here, it's a focus for ceo ariane gorin. for and she comes from that b to b division. the street is looking here for a little more than $3 billion in revenue, with adjusted earnings per share of $2.04, so we'll keep an eye on that. but shares really have taken off over the last six months or so up, as you can see, more than 46%. scott. >> contessa, thank you very much for that. we'll see those numbers when we hit the tape. speaking of stocks that have taken off meta. yeah, up another 1% today. this is going to be 14 straight days that this stock is up obviously a record. >> yeah it's remarkable in the sense that it's just kind of fed on

contessa brewer on the story from the beginning. what's new?lan has now been given the go ahead to charge private insurers $1 billion to help cover the shortfalls in the premiums that it collected. the state insurer of last resort works on a cash in, cash out basis, and it's just exhausted its reserves. the number of properties the fair plan covers in california has just soared, as private insurers work to lower their exposure in the state, in large part because you have the state insurance department that would not permit the carriers to charge enough to cover the risk. and so now you have state farm farmers, allstate travelers, chubb, and lots of other companies that were working actively to lower their risk, to lower their exposure in california. and they're going to end up paying for the losses anyway when they weren't even collecting the premiums. but that is permitted by state law. and then they can turn around and pass on half of that to consumers. insurers have been declaring their early estimates on wildfire losses, but they're using a

contessa brewer is at hq with a look at the sports betting landscape. ntessa. >> yeah that was a really stunning eagles win there 40 to 22. and now we're getting a big picture. stunning look at betting for the super bowl from geocomply. 14% growth in active player accounts over the weekend up from last year's big game. it was more than 724,000 new online betting accounts. just before halftime of the super bowl, right after the eagles scored their third touchdown of the game, geocomply recorded a peak of 14,300 geolocation transactions per second. now, circa sports ceo derek stevens told me in the wee hours of the morning that he saw a record super bowl sunday for both handle and win, that the sportsbooks benefited from the growth in prop bets and the fact that there were no touchdowns from popular players like saquon barkley or travis kelce. before the game, caesars said. a bettor at the sportsbook in new orleans made a quarter million dollar bet on the chiefs to cover minus one. oops. though the eagles wagers were slightly outweighing the chiefs wagers

and earlier, contessa brewer, final check on the markets. the.riday there. we're looking at 276 now on the dow. over 200 on the nasdaq. look at treasuries here that we're in a 4 to 5% range for 48. we are right in the middle. if i get a haircut, if i let it go at you, i'm. telling the audience i'm going right now because. >> i would go for one. >> they got to cut off. it gets very frizzy on the sun. will this prove it's not a wig? if i come in and it looks totally different? can we put that to bed? >> i don't know about the velcro, but sure. >> make sure you join us tomorrow. squawk on the street is next. >> good monday morning. welcome to squawk on the street. i'm carl. >> quintanilla with scott wapner. >> leslie picker here at post nine of the new york stock exchange. cramer and faber. >> have the morning off. >> and speaking. >> of cramer congratulations to him and his philadelphia eagles on. >> last night's super bowl victory over the kansas. >> city chiefs. >> we also wish jim a happy birthday today. >> man what. >> a birthday present. >>

contessa brewer is here. she has more for us from new orleans. contessa. >> hello there david.ling. america's sportsbooks are betting that the wagering this year will set another record. the american gaming association estimates $1.39 billion will be bet legally on sunday's game. last year, when they gave the estimate it was more than $23 billion because they wrapped up office pools. the illegal bookies, the offshore operators. that means that really sportsbooks are facing an intense field of competition for gambling dollars. so when you look at this year, you have cash and crypto.com offering those prediction market trades. robinhood just this week yanked its offers on the big game. plus, there are sweepstakes style gambling and fantasy sports, all offering bettors a way to. add a little additional excitement to the big game. i actually talked to kansas city chiefs quarterback patrick mahomes about whether the boom in gambling is good for the game. >> he gets people watching. i think that that's good for the sport, but at the end of the day, i want people to realize that it's

i'm brian again with contessa brewer today. do you say investing in europe is red hot in germany? good one. yeah, we don't know either. but we're going to find out because europe is red hot. in fact, doing better than america this year we're going to find out why. and all is well in the world because nascar is back. the head of nascar is here to talk about the great american race. >> and while that dominates your weekend, i know brian. let's get a check on the markets dominating right now. you see the dow industrials off just slightly by 2/10 of a percent. the s&p 500 up just slightly by a 10th of a percent in the nasdaq. you know what. this all is all fairly meh. shares of nvidia slightly higher today. but let's take a look at not only nvidia but the impact it's having on other stocks. and it's 13 f nvidia disclosed a new stake in a chinese autonomous driving firm that is called we ride. that stock is soaring. look at that 73% higher on the day. but robotics and soundhound are just getting crushed because nvidia has cut its st

contessa brewer what's driving the gains?an, it was a lot of fun to watch all of this draftkings stock, as you said, up 15% on the day, 26% this week. on the earnings call this morning, ceo jason robins painted a really pretty picture of 2025, which kicks off with some astonishing numbers from the super bowl. sunday, $436 million wagered that set a record for new daily sportsbook handle the amount wagered, and it led to the highest gross gaming revenue in company history. and that did not factor into the company's guidance, which it raised. wynn resorts is on fire. it's up 10%, fueled by promising business in macau for the chinese new year and performance in las vegas against some tough comps and a notable increase in slot play, which, by the way, we heard from mgm as well in its earnings this week, they announced record slot play and wins. that stock went up 15% this week on what was a decent report. but the most promising bit of news was that december was by far the best month ever for booking group big business, and that p

our contessa brewer is there and joins us now with the ceo of caesars entertainment, and probably can how much money is going to be bet on this game. >> let's ask him, shall we? scott, nice to see you and nice to see you. tom reed, ceo of caesars entertainment, the only place in town that you can walk in and physically get a sports bet is right here at caesars sportsbook. we're not far from the stadium. how much do you think will be wagered on this game? >> oh, i've seen numbers. >> like. >> you know, a billion and a half plus. i know last year was a little shy of that. i'd expect it to be another record. we'd expect it to be a record for us and the business. >> how much opportunity do you have now to attract new customers or maybe lapsed customers? because one, you've launched this beautiful property, almost half $1 billion in renovations to rebrand. what was harrah's caesars and then the naming rights to the superdome. and everywhere i look, every time a tv is on, you see that aerial shot with your branding everywhere? how much do you think that lifts your brand recognition? >> yeah

contessa brewer asked kansas city chiefs quarterback patrick mahomes whether the gambling boom is good sport. >> it gets people watching. i think that that's good for the sport, but at the end of the day, i want people to realize that it's a game that you play on the playground for recess and the stuff that you just go out there and give everything you love. and i think that's what we try to do on the football field. and i think that's everybody on that football field. >> now we'll be hearing from a slew of executives across the gambling sector today on cnbc ahead of the big game. and as we're talking super bowl. let's get out now to jay gray who is in the host city of new orleans. jay. >> sylvie, it's. >> friday morning. >> that means it's the start officially. >> to super. >> bowl weekend. we're inside. >> the. >> nfl experience. it's really just an interactive area for fans to have a little fun, get involved in what it's like to be a football player, at least for a few seconds, right? they expect as many as 100,000 fans to pass through this area. all the interactive games, all the d

. >> i'm contessa brewer. >> with your cnbc news. >> update, robert. >> f kennedy jr.tion to head the department of health and human services just cleared a key procedural hurdle. the senate voted along party lines to advance his nomination to a final vote, which is expected as soon as tomorrow. before president trump announced that he spoke with russia's vladimir putin today about beginning peace talks on the ukraine war. defense secretary pete hegseth said at a nato meeting in belgium that returning ukraine's borders as they were in 2014 is, quote, unrealistic. the secretary added that while peace for ukraine includes security guarantees and nato membership is not one of those. and eight inspectors general who were fired by president trump are suing over their termination. in the lawsuit, the inspectors general say their firings violate protections put in place in 2022. they want a judge to put them back to work. the eight were part of a group of more than a dozen inspectors general who were told by email just days after the president was sworn into office that they

let's get to contessa brewer. contessa good morning. >> hey there mike.ed into a. >> crowd in. >> munich the daye a major security conference. vice president jd vance is among the major world leaders attending that conference. police suspect this was intentional. they say they're investigating for a motive, and they suspect is an asylum. >> seeker from afghanistan. >> and was needed. for previous, unrelated drug and theft incidents. the cease fire between israel and hamas appears intact. for now. the two sides agreed to resolve a dispute over a lack of aid entering gaza. that could have derailed that fragile arrangement. hamas says it will release hostages as planned this weekend, after getting guarantees that caravans and medical equipment will be allowed into the enclave. today. former world wrestling entertainment executive. >> linda mcmahon. >> is on capitol hill today. she's appearing before a senate. >> committee for her. >> confirmation hearing to become the next education secretary. president trump has suggested he's going to dismantle that depart

contessa brewer joins us. new orleans ahead of course the game on sunday and has a special guest for us contessa. >> hi david. good morning to you. listen i'm already hearing a lot of trash talking around the streets of new orleans where the eagles fans and the chiefs fans are taking aim at each other. a lot of talk about the ticket prices plummeting down more than 40% on the resale market, according to stubhub from last year. and maybe a little bit of cheese fatigue like we've seen them here before. with me now is ceo jason robins of draftkings, one of the big giants of legal sportsbook wagering in the united states. are you seeing in terms of the wagers coming in, chiefs fatigue? actually. >> the money is pretty even right now. so the spreads only one and a half. so people are typically not taking the spread if they're betting on the favorite side. so you're seeing a little bit of moneyline shift there. and then you're seeing you know, the spread going the other way. so it's pretty even right now if you look

contessa brewer joins us now from new orleans with more. hey, contessa. >> hi there joe.e of how much americans will wager on the nation's legal licensed sportsbook. according to the american gaming association, last year, that estimate was a total of more than $23 billion. why the big jump? because last year's estimate included office pools, illegal bookies and offshore operators. that illustrates the juggernaut, right. and this year you have cash and crypto.com crowding their way in. robinhood tried just this week ditched its efforts to accept trades through the predictions markets. plus, of course, there's sweepstakes style gambling and offshore markets that are all offering bettors a way to add some additional excitement to this big game with the sportsbook. really want is not to compete with these operators that don't pay state taxes, haven't paid billions to lobby, legalize and license their platforms, and don't adhere necessarily to know your customer regulations or face potential backlash from regulators over problem gambling concerns. derek stevens, who's the own

contessa brewer joins us now from new orleans with a special guest. see you. so $1.4 billion is the estimate that americans will wager on the super bowl. and you know what? fanduel is hoping much of that will be wagered on their platform. ceo amy howe joins me now. so amy fanduel comes into this as the market leader for sportsbooks in terms of gross gaming revenue and net gaming revenue. you've invested all this money. you've got the mannings kick of destiny. you've got billboards blanketing buildings in new orleans. how do you get a return on that investment? >> i mean. >> listen. >> it's first of all, thank you for being here. it's so fun to be in new orleans. you know, it's core to our strategy, right? we're the leading sports book, and we want to be known as one of the most iconic and trusted. brands in all of sports and entertainment. and in order to do that, you got to show up on the big stage, which is super bowl. you know, this year we try to up our game every year. our product is better than ever. we have over 600 ways to bet the super bowl th