it's josh brown. thank you so much for joining us the 10-year yield right now is the lowest yield on the curve, about 4% the one-year 5.3% i'm telling people grab as much of that as you can while it's still there but steepening has been the story this summer. at what point do you think we get out of inversion is that a 2023 story or do we have to wait into 2024? how much longer can we really sit with this inverted yield curve with a healthy economy and inflation moderating to the degree it has? >> that's great question we're actually positioned for the u.s. yield curve to steepen in the space on the basis of the economic backdrop and we do hope it is a 2023 story actually when we came into the summer, we thought that rates now would be range bound because we thought evidence of disinflation would cap the extent to which yields, strengthen the economy with cap yield forward. we still think that if disinflation continues, the labor market remains resilient and the economy resilient, there is room for th

joining me josh brown, stephanie link, jim lebenthal. we'll show you the markets. carl just said we're working on a good day, jolts.o.l.t.s. miss confidence missed, no big shock. that's the way it is, that things have been, as we wind down the worst month of the year for the s&p heading into today. the worst month of the year, but, i don't know, maybe the tide is turning. what do you think? >> tech is actuallyup 5% and that's 35% of the s&p 500 if you include com services. i get it. they got oversold. scott, xlk is still up 38% year to date. i wouldn't be surprised to see some consolidation. what i have been encouraged by is the broadening in the market. in the past month the xle has outperformed the xlk by 770 basis points. and the xli, the industrials, outperformed the xlk in the past month by 200. the j.o.l.t.s. are still well above historical averages. i understand why the reels are falling on the news today. i think the economy is hanging in pretty well. that's what we learned from powell. inflation is still persistent. we're data dependent and that's what's h

we'll see you later on be sure to tune in tomorrow night for a cnbc special with mike santoli and josh brownoth of whom up just saw. "taking stock" 6:00 p.m. eastern time on cnbc watch mike and josh break it all down >>> up next, the committee is getting ready to grade your trade. let innovation refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift. emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the brows. you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefu

joining me josh brown, steph link and joe terranova check the markets. we're red across the board today. and we do have a number of issues yields have been rising. there's china weakness today we're asking josh how much that matters. as the markets a couple weeks in a row have been rocky and where we may be going from here. >> yeah, if we finish this week the way we've started it, it will be the third week in a row we've given more gains back. the reaction being sell the news report the earnings that everyone was excited about and rally another 10%. to me it's unnecessary if you look at august generally and even august based on the presidential cycle in the third year in 2023, this is all very standard this kind of action. that's where i am on it. as far as the china stuff, china has been a slow down and they've had a lost decade in their stock market and i know they're doing new stimulus stuff that doesn't need to be enough. people aren't excited about it >> it used to be china have been sniffling a lot lately it's going to sputter at best. now not so mu

this is something that josh brown was talking about this afternoon. september has been down three years in a row. six of the last nine, et cetera, et cetera. >> and historically, it's not a great time for stocks. >> when you had the run-up that you had into something like that, you have no catalyst right now. jackson hole is probably not going to be much of anything. and so you're on hold until next week and beyond. >> all that said, then, if we have a little swoon here which, you know, some said was due anyway, are we still set up for a trend that's intact for the rest of this year to be constructive on stocks? >> i think yes. i want to add one more observation, what i call the terra nova observation. the distance -- the index has got from its 200-day moving average. the nasdaq got 200% away from its moving average, a level that's been exceeded 5% of the time over the last 40 years or so. within the context of a correction, you were pretty extended in that sense and joe has been hitting that point i think correctly so. in terms of the rest of the yea

josh brown, final trade?ing with nee and now the favorite sector. >> thank you for that. >> jason snipe. >> i like stryker here. procedural volume. >> stephanie link? >> zimmer is down 4% because the ceo is leaving to go to the 3m health care spin. that's really positive for 3m in the health care spin, but i don't think the stock will be down this much. >> they're re recovering nicelyd the stock is down this year. >> down 4%, as you said. the dow itself is down 134. we've been watching rates which are at the highest level yet again since '07 and i'll see you on "closing bell." "the exchange" is now. >>> thank you very much, scott. welcome to "the exchange." i'm kelly evans and here's what's ahead this hour. soaring bondyields and the short end where yields are moving back up and the ten-year still at levels that we've seen since 2007. it's certainly capturing our strategist's attention. why this surge in particular has them worried about a stock market correction and it's not just bonds pressuring equities. r

josh brown, shannon saccocia, with us. we're hanging on to gains here. 408, the yield on the ten year. josh, the final trading day of the month, a tail of two months. the start of august to the low was down 5.5%. now the month to date decline we've been clawing our way back. have the bulls rest ld the market back again? >> i think the answer is yes but it's predicated on the second half of the year. one of the strongest points was, yes, earnings weren't great but better than feared and maybe they are troughing or getting help from larger tech companies. but that's what you have to believe. i think it can. i'm most kurnd now, though, about the consumer. and i think when you look at belowups, there have been a lot. i don't like the accompanying commentary and what it might mean going forward because these types of things typically don't happen as one-offs. usually when you start to see this, it gets worse and it's more than one quarter. so it's very widespread. it's very concerning, and if you ask me what is the big risk now

mike, first up to you, and you and josh brown got a special at 6:00 >> we do coming up.in some ways tonight look, i think the market, if you really look back how the week was churning and it was seemed like an untrustworthy? right, didn't hold a lot of rallies. only down 30 basis points in s&p for the week churning arranged the same levels seems as if the bar has become higher in recent weeks for what be9:00 economic news has been delivered to investors in the form of disinflation and better growth to get us moving in terms of appetite from stocks here i think you have to say that the overall market absorbed stiff pullback in leading mega cap tech stocks without falling apart just yet not an all-clear but seems market held its ground okay. >> yeah. all right. michael, in a second and contessa, confused 10:0 penn gaming make a huge deal with disney and below where it was before the disney deal a couple days ago? what's going on? >> not just penn crazy casino action today. look at penn shares. down, reversal of action we saw post-deal news see the switch there helping penn

. >> hi, i am josh brown, i am so fired up for tonight's show. >> did they do that to upstage us?k? >> this is a stock that had given up quite a bit

long, this is not going to disabuse them of that idea. >> mike, look forward to seeing you and josh brown i still think mike and josh sounds like a morning zoo djs. >> that's kind of the template we'll see what we can do >> good. we'll see you at 6:00. nice summer programming for the next few fridays >>> in the meantime, down is going to finish down about 160 4,477 on the s&p next week, extremely busy. cpi, thursday. ppi, friday. we'll get some manheim used cars on monday, and then we'll wrap up some of the earnings of the june quarter with paramount, disney, data dogs, lilly let's get into "overtime" with morgan brennan and jon fortt >>> well, things took a turn, literally, right around 1:00 p.m we got your scorecard on wall street with the s&p meeting lows of the week. winners stay late. welcome to "closing bell: overtime," i'm jon fortt with morgan brennan ahead on today's show, it was the busiest week of the earnings season, but the big moves in the treasury market stole the show we'll discuss if bonds are going to continue to drive the narrative for this market. >>> plus, two ceos jo

gentleman, >>> hi, i'm josh brown, and welcome to the arena.. we have a lot to cover. >> we have been doing this show since the start of august. we are down 4%.

hi, i'm josh brown if we can have a tv show, you can too. >> just straight replacement level host isore tv today than kelly ripa i was watching >> not as well >> i hope you saved something for tonight. >> not as well but more of it. for the next hour josh and i will tackle all of the topics investors are talking about. we will discuss and debate, maybe argue a bit. let's get to it. we will start with a segment we are calling "on the clk"

. >> i am josh brown and i promise we will. t in rome. >> no, rome, new york. >> for the next hour josh and i are going to talk about all the topics investors are talking about. maybe even argue, a judge assuming josh is right about

>>> here with us is josh brown josh, we can write it any way w like sentiment was frosty, technicals were stretched something will come along to maybe create an air pocket on the other hand we had a lot of bears capitulating, the economy looks strong, everybody agree with his that, so we have the makings of a perfect evenic top. where along the spectrum would you set yourself >> wow, as someone who is really good at explaining what just happened, i would say that this is not -- this is not very much much more complicated than sell the news you had a huge run adjust into the earnings season. we're in the middle of it. i think we're on track to see a 67% decline in earnings for the s&p 500, which was the expectation for this quarter weefd 51% of s&p companies report earnings, and you have 80% of these companies beating on earnings, which is the highest number we have seen in seven quarters so you're getting those good results, that was the reason for this huge rally we've had since may. okay we have had them now you're seeing with companies with decelerating revenue growth still beatin

josh brown, there it is, uber at the bottom. >> this is the stock i'm most excited about in the second half of this year. i think it probably finishes the year with a five handle and gets added to the s&p 500. this is like one of my favorite names. >> good stuff. thanks, everybody. see you on "closing bell." "the exchange" is now. >> scott, thank you very much. hi, everybody. i'm tyler mathsen in today for kelly evans. no surprise from today's inflation print, but ticking up a bit, but matching expectations. stocks are struggling to stay in the green. jpmorgan's chief economist will join us with his read on the numbers. recruiter sentiment falling to a new low. we look at the most in demand industry and the top priorities for employees. and two big chip names reporting after the bell today. we'll preview results from broadcom and vm wear. and what's the trend, the trade? but we begin with today's market action. for that, we go to bob at the new york stock exchange. bob? >> we're trying to make it four days in a row, but a little weakness in the middle of the day, this is profit taking

our investment committee is standing by to tackle that question and much more joining us we have josh brown, stephanie link, jim lebenthal, and liz young. but first, a check on the market at noon eastern. right now the dow just creep right back into positive territory, fractionally higher the nasdaq just about the same looking at the ten-year net, the highest level since july 10th. a new month for stocks take a look at how the dow historically does in august. on average the best performing month of the year, after '86 all that changes and august is now the worst month of the dow an underperformer for almost the last 30 years. that sets us up for the first trading day of august, stephanie. what do you think? are we in for a decline in the markets based on historicals or something else that could keep the rally going? >> we've come a long way in year to date in all the averages. it wouldn't surprise me. i'm encouraged by the economic data we're seeing and how that is translating into earnings being a little bit better than expected if you look at the economic data, we have the gdp numbers, 2.

joining me for the hour today our investment committee, kari firestone, steve weiss, josh brown and brian on set, too, happy to have him. check the markets. dow is positive, 65 points. the s&p is now green as well.e i

love people have for the company, and the content which others have been critical of late, and josh brown being among the loudest voices there this is all getting about to translate into what the business is doing going forward >> i think it goes back to the pandemic it goes back to when disney plus was in the initial stages and we were having conversations on the show about disney being a growth company. what the realization is now they were never able to ascertain that element of growth within the fundamentals of the company. yeah, maybe the stock price reflected a company that looked like it could be a growth company, but it's never really ultimately been able to achieve that now it's back to being more of a valued company, and a company where if bob iger was not there it would be in a more punishing place, and they have to re-create themselves >> nike was down for the month, and i want to hit goldman, weiss, and goldman is down in august as well, four straight negative weeks it's coming off its fourth straight negative week worst month since december you are a shareholder. give me you

yesterday on your show josh brown made the argument how can nvidia continue to blow past analyst expectations it was 50% past estimates the last quarter talking about guidance can they keep that momentum going when so many companies, countries, et cetera, are front running their orders right now to get a leg up on the ai push >> also the issue, hey, make sure you ask stacy ras con on "closing bell" about supply constraints because of the quality, quote, unquote, of the chips nvidia produces and their dominant position in that area, can they produce enough of what people want. >> that would taper down revenues the sole contractor for nvidia make their chips i listed the names that have want demand. that is a big issue now which is why it will be about this next year, how will this momentum go with front running orders. jimmy is looking at it >> may 24 to may 25 the stock jumped 20 post earnings. the question josh was raising, options are implying an 11% move i think why the analyst community is still gathering around this overall positive sentiment is they see the explosion coming and they see

joining me josh brown, steph link and joe terranova check the markets. e red across the board today. and we do have a number of issues yields have been rising. there's china weakness today we're asking josh how much that matters. as the markets a couple weeks in

joining me josh brown, stephanie link, jason snipe and shannon saccocia. a check on the markets.down 130, pretty much the lows of the day. the s&p down 6.5. the nasdaq was strong. not so much right now, a quarter of a percent. i guess we'll take it. steph, retail tough -- macy's, di's

joining us josh brown, britain talkington and stephanie link.o see where we stand before we dig into the details the dow jones industrial average, the s&p 500 and the nasdaq lower the nasdaq is lower by the biggest percentage, down 1.5%, same with the s&p 500. we have the

our investment committee is standing by to tackle that question and much more joining us we have josh brownjim lebenthal, and liz young. but first, a check on the market at noon eastern. right now the dow just creep right back into positive territory, fractionally higher the nasdaq just about the same looking at the

from apple and amazon could those reports turn the tide for that tech trade for the hour at post 9 josh brownjim lebenthal and bill baruch. a check on the markets right now. as we just pointed

mike santoli and josh brown return to face the issues in the market as only they can at 6:00 ptnsctn.tern tonight right after "oio aio" "power lunch" will be right back. tion refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift. emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the brows. pano ai chooses t-mobile for business for 5g solutions... ...because t-mobile helps pano ai innovate, so they can stop the spread of wildfires. now's the time to see what america's largest 5g network can do for your business. the citi custom cash℠ card automatically adjusts to earn you more cash back in your top eligible spend category. hi. ♪♪ you don't have to keep tabs on rotating categories... this is the only rotating i care about. ... or activate anything to earn. your cash back automatically adjus

joining me josh brown, stephanie link, jim lebenthal. we'll show you the markets..t.s. miss confidence missed, no big shock. that's the way it is, that things have been, as we wind down the worst month of the year for the s&p heading into today. the worst month of the year, but,

for more investing ideas, mike santoli and josh brown will wrap up the earnings week and explore some different ideas >>> coming up, the battle between the s.e.c. and coinbase is heating up, as the company asks a judge to dismiss the law sought -- lawsuit >>> it's one of the hottest companies in health care not a drugmaker, no, nothing weight loss or alzheimer's the co-founder of figgs will join me. and here is a quick check on the markets. nasdaq is leading the way with a 1% gain. (♪♪) i was having relationship issues with my old bank. next to no interest, the fees sfx: [typing] it was just take, take, take. so i broke up with bad banking and moved to sofi checking and savings. now i get higher interest, pay no account fees, and get my paycheck two days early. get up to 4.50% apy, pay no account fees, and up to $2m in fdic insurance. download the sofi app and earn up to $250 when you set up direct deposit. sofi. get your money right. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or mo

joining me for the hour today our investment committee, kari firestone, steve weiss, josh brown and brian belski here on set, too, happy to have him. check the markets. dow is positive, 65 points. the s&p is now green as well.e rear, and that's the way it's been. josh, you have some technical difficulties, as we would say, dow, s&p, nasdaq below their 50 day moving averages yesterday, momentum has dried up, the third negative week in a row. the russell is not doing well. you can sort of pick the area of the market you want to pick on, because there are a lot of places to look at. >> i've been in the camp this is seasonal and what you should expect in the month of august, and i have a million charts that back that up and i'm not ready to move away from that argument if things get materially worse, i may be forced to rethink that. i do not think this is about, all of a sudden, there's going to be this renewed push for a ton of new rate hikes. and, in fact, most people you ask them what's going on in the market this month, why did august suck so much? the rate increase, the odds are higher.

. >> mike, thank you so much >>> mike and josh brown will be on tonight's special program, the buzziestgram in television right now at 6:00 p.m. mike, thank you. >>> a warning sign that inflation could turn back up, there's that and the runup in oil prices, which has one of my next guests concerned. let's bring in my two guests great to have you both here. jay, you're watching crude prices or pump prices, aren't you? >> for sure, kelly pump prices, we have seen gasoline prices rise 30 cents, 40 cents or so over the last month or so. so all those things could push the overall headline rate of inflation higher i think what's more important is the core rate of inflation that's coming down but that still remains, depending on what measure you are looking at, 3.5% to 4% so inflation at this point remains elevated >> so when we say elevated, i guess the real question goes a couple of ways number one, are we going to go up to 4% on the cpi, and if the fed is expected more or less not to hike rates again, might they get involved and is all of this, you know, a drag on the consumer, attacks on t

joining me josh brown, jenny harrington and capital wealth planning cio kevin simpson everybody here at post 9 good to have everyone here take a look at stocks, we're red across the board here. 10 year, 4.31. apple, too, for that matter. my bottom line, josh, until rates and apple stabilize, the market is not going to stabilize. >> i think the big picture thing to bear in mind is what we're seeing this month is wholly of a piece what typically happens in august, what typically happens august in the third year of the presidential cycle, and coming out of an earnings season that, quite frankly, was not great but not terrible and better than expected on a lot of fronts. you had stocks run up into that better than expected earnings in most cases and then you had profit taking. buy the rumor, sell the news none of this is foreign. none of this is strange to anyone who has been around for a long time. there are differences in the dynamics beneath the surface in terms of the way people trade these days that maybe make these effects more pronounced. but if you look at where we are in relativ

joining me josh brown, jenny harrington and capital wealth planning cio kevin simpson everybody hered to have everyone here take a look at stocks, we're red across the board here. 10 year, 4.31. apple, too, for that matter. my bottom line,

is standing by to weigh in and tackle that question joining us for the hour on set at post nine, josh brownhe markets at noon eastern time we are seeing green on the screen across the board.

josh brown, shannon saccocia, with us. ing on to gains here. 408, the yield on the ten year. josh, the final trading day of the mo

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joining me josh brown, jenny harrington, jim lebenthal. let's take a look at the markets. the dow is down 200 points the lows of the session, half of one percent. we're red across the board is the market gearing up for a hawkish surprise is that why there's no nvidia bounce, the bounce we had went away the only bounce is in yields that leads me back to the first part of the question, the surprise from jackson hole the market will have a tough time dealing with >> i think you're on it. too much in the way of dovish expectation what is jay powell will say he's more likely to maintain the hawkish bent he may say, listen, there's been ro degrees made on inflation but there's more to go i do think you're right in what you're proposing, scott. however, i would point out the market doesn't feel disastrous, at least not to me it's off its highs, 3%, 4%, the same for the no, sirasdaq. it doesn't feel like the market is totally on edge the way it was last year. the market responded terribly after jackson hole it feels like, yeah, the market maybe is expecting more than it's going to

joining us josh brown, britain talkington and stephanie link. a check on the markets to see where we stand before we dig into the details the dow jones industrial average, the s&p 500 and the nasdaq lower the nasdaq is lower by the biggest percentage, down 1.5%, same with the s&p 500. we have the yield on the 10-year in focus as we are dropping below or have dropped below 4% we want to pay attention to that the vix moving around 18 some movement something we haven't seen in a while. when looking at the sectors, tech and financials which really the biggest laggards of course we have the big cut from moody's today we want to dig into the financials red across the board after the firm cut credit ratings for a number of these banks. 10 small and mid sized banks also put a number of others on watch. i'm going to start, i believe you own u.s. bank corp, one of the names on the watch, why are we seeing so much bloodshed today? of all the concerns that moody's list none of these are particularly new >> this is old news. they should have come out in the

mike and josh brown will discuss the issues facing the markets and says they're going to have fun doing it. >> looks like we were having fun in that moment. >> that is two guys having fun. >> we'll see. >> can you give me -- >> tell me what josh will be wrong about -- >> what you're going to be right about. >>> coming up next on "power lunch," some headwinds for wind turbines. the offshore wind industry is norv gating unchartered waters, inflationary pressures and rising rates pushing up overall costs. details are next. further ahead, college tuition costs are growing well beyond what many families can afford. it's driving many americans further into debt. he e tas enpor lunch" returns. >>> welcome back. time for our etf tracker. we look at gold funds despite the rising yields and concerns about china gold is down about 1% this week and the gold etf seeing net outflows of $373 million over the past week. this according to our partners at track insight. gold miner funds from ishares sprott and vaneck down 6% this week. more information available on the fc will shire etf hub if you want t

"santoli will be there, josh brown will be there, and they will wrap up the week starting at 6:00 p.m. eastern that is this evening. >> and deal-making is definitely a key issue in the markets this week as was earnings a bunch of retail names are now on deck as we turn our attention to next week and economic data we're talking inflation after the ppi today. here to discuss is jim tierny, alliance bernstein chief investment officer jim, welcome inflation was going away and today it's back. >> i think we'll have bumps along the way. it's not all one direction certainly labor continues to be stick, and that's the biggest issue that we have to pay attention to over the next few months. >> or oil prize. i don't know how you feel about investing in the energy space right now but that also appears to be -- >> maybe a little bit higher from here. >> certainly you look at oil which was in the $70 range and now it's above 80 and we're certainly seeing that at the pump. the bigger question relative to consumers earnings is does that pinch pocketbooks going forward into fall, particularly with th

joining me josh brown, jenny harrington, jim lebenthal. let's take a look at the markets. dow is down 200 points the lows of the

don't miss our cnbc special, "taking stock," mike santoli and josh brown will break down all the day's stories in a way only they can that's at 6:00 p.m. eastern tonight. don't miss it. we'll be right back. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. powering sustainable growth in a changing world. powering financial solutions that transform industries. powering innovation with access to capital. powering critical decisions with precise data and insights. powering seamless execution in evolving markets. we deliver our entire global bank to power new possibilities for you. barclays corporate and investment bank. powering possible. ♪ ♪ the biggest ide

talking to josh brown. he had the third year of the election cycle thing going. come on, man. i need like 100 years of data to have statistical numbers on that. it's about the market leads your roles by two or three quarters. we'll have an axccelerating quarter. all we're trying to figure out, will earnings grow at an accelerated rate? and it's tough to call right now. the market stays more range-bound. ever person has a challenge justifying the valuation. you're bullish and the s&p is going to 5000. you got to pay 20-times the consensus numbers for next year. 22-times my numbers. the market never stays above. the numbers are too low or we're at the end of a multiearning cycle again. maybe that's where we were. >> you were talking about the prospect of a.i. we were talking about nvidia. just curious to get your take overall, adam, to some of the names that are garnering some revenue increases from a.i. and those that are hope to but haven't yet. >> tag every stock. are you a beneficiary? are you disrupted by it? are you fake? are you fake a.i.? we track every word related to a

be hitting all the market volatility tonight don't miss our special "taking stock" with me and josh brownght 00ni6: p.m. eastern. we'll be right back. stay with us >>> two years after evergrand's debt troubles worries about chinese real estate and that sector are coming to the forefront again. eunice yoon is live from beijing again and another troubled company we're hatching here. >> absolutely, sara. shares of country garden plummeted to the equivalent of 12 u.s. cents in hong kong, and this is as investors are starting to fear that we could be seeing another major debt crisis in the already very troubled chinese real estate market country garden is not a household name around the world, but it certainly is here in china. it's one of the largest privately run property developers in the country, and, of course, the property sector has been suffering sales, falls, as well as declines in prices and that is exactly what company cited as the reasons for its current woes the company missed two coupon payments earlier this week, although there is a 30-day grace period moody's downgraded this ra

. >> that's right. 6:00 friday with josh brown called "taking stock" but given josh is there i'm going giving attitude >> nobody does it better that will be exciting, 6:00 p.m. eastern. that's "squawk on the street." we'll be back as we reproach session highs. dow up 200 this is cynthia suarez, cfo of go-go foodco., an online food delivery service. business was steady, until... gogo-foodco. go check it out. whaatt?! overnight, users tripled. which meant hiring 20 new employees - and buying 20 new laptops. so she used her american express business card, which gives her more membership rewards points on her business purchases. somebody ordered some laptops? cynthia suarez. cfo. mvp. built for cynthia's business. built for your business. amex business. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization

tonight on cnbc josh brown and i back for another special edition of "taking stock."m. eastern. "squawk on the street" will be right back. heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. new nature's bounty hair growth. clinically shown to help grow thicker, fuller hair with just one capsule a day of advanced hair complex. conquer hair thinning... ...and fall in love with your hair all over again. only from nature's bounty. your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. at stores everywhere without a prescription. >>> ferrari is on a roll. shares of the luxury sports car maker up more than 40% so far this year. robert frank is at the pebble beach car auction with a look at what is powering tha

alto networks, as well nvidia, and tesla, neck and neck right below, almost 9% gape, and hasbro, josh brownr special edition of taking stock. be sure to tune in at 6:00 p.m. eastern time, kick around the g ors t wk,hat matters and what's not a big deal for next week as well. "squawk on the street" right back. the power goes out and we still have wifi to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. >>> this point i see us staying steady throughout the rest of this year. then we'll see how the data evolves. if we see inflation coming down quicker than we expect. this is what i'm hearing from the soft data i'm getting from my contacts. we might cut sooner rather than later but i think we have to let that play out. >> sooner being the first half of the year? >> we'll see. i can't predict that right now. >> patrick harker ye

do not miss mike and josh brown on a cnbc special taking stock. >> let's talk more about the markets.its 50-day moving average for the first time since the beginning of june. at the same time some key market drivers have been having a rough go of it. apple's down more than 11%. the worst performer in the dow. tesla is down close to 20%. joining us to talk about key levels he watching, mark newton, global head of tech strategy. in the past, mark, when you see the real horses of an advance pull back a little, it's not surprising but it can preset further problems. what's is say about overall the technicals for the market? >> thanks, joe. yeah, we have seen a little bit of damage in the near term performance of the leaders so to speak but you really haven't seen it in stocks like nvidia just yet. as melissa mentioned, apple and nvidia are down 12% from their peaks but really no substantial longer term damage that would warrant investors would want to avoid these stocks. most of these have had substantial runs off the lows. look, the market has changed in recent days and it had been very