lexaria bioscience, transforming the future of glp-1 drug delivery. (man) this fancy man in his fancy car must be tormented to learn of others earningforming the future unlimited deposit bonuses and superior rates. ♪ now, we await his inevitable despair... >>> welcome back boom supersonic designing a supersonic airliner. so joining us is their ceo along with phil lebeau. >> we're at the aviation summit we've seen you a number of years. this year you come in saying to people we're getting closer. quickly rundown where you are in terms of first aircraft, first flight, entry into service. >> we flew our test airplane for the first time in march. first ever developed sprs supersonic jet went great. we're in a position to accelerate into production the goal is to roll the first airplane off the line in '27, flying in '28, be ready for passengers in '29. that's the airplane i look forward to flying with you and everyone else. >> the xb 1 prototype the first supersonic flight is later this year, right? >> yes >> you hear we want entry into service in '29 the

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lexaria bioscience, transforming the future of glp-1 drug delivery. >>> welcome back to "power lunch. is down a third of a percent today following those cautious comments from jp morgan weighing on all the major financials the s&p and nasdaq are still positive, but it's not just the big banks which are under some pressure today check out ally financial down 17% after the cfo and presentation at the barclays conference was just at this morning, borrowers are struggling to repay their loans. tyler, just to read his direct comments he said over the course of the quarter, credit challenges have intensified. or borrowers are struggling with high inflation, cost of living and more recently weakening employment picture harris campaign might bring up during the debate tonight. >> that's a serious cut in percent. >> yes bond yields meanwhile are slightly lower ahead of tomorrow's cpi report. 2.9% from a year earlier anything back in the 3 or if question continue to drift lower. bond yields down significantly that will be the last major read on inflation before the fed's meeting next week. >> a

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lexaria bioscience, transforming the future of glp-1 drug delivery.lly digital, cloud based bank embarking on a transformational opportunity in the united states. we recently closed the purchase of a u.s. bank, which gives us full access to the u.s. market. that's very exciting for us because now we can launch our receivable purchase program fully in the united states. what we developed it in canada, and it was very, very popular. as far as we know. there's nothing else like it in the united states. >>> welcome back consumers may be cheering cooling inflation overall, but travel airfares broke a five-month streak of declines, while lodging away from home was up 2% after a fractional gain in july my next guest recently downgraded booking holdings, seeing headwinds even if the economy has a nice solve landing. john is here, an analyst at jeffrey. good to see you. why are these not best of times for booking? >> i think it's all about consensus. what we believe is that the numbers are simply too high. the street's modeling in the same amount of growth an

lexaria bioscience, transforming the future of glp-1 drug delivery. >>> a new documentary called with a new look at how the league is growing and managing some of its challenges too. >> in 2024 the wnba is estimated to bring in $200 million in revenue. just for comparison the nba earns $10 bll billion per season. the wnba has historically lost around $10 million per season. >> some estimates have said the league is going to lose about $50 million. is there a scenario that you will try to raise more money right now? >> probably not. we probably don't need to raise capital like we did when i came in in 2020, start add cessing raising capital. i think it's more about the impact we're able to have on bringing in corporate partners at valuation that's are worthy of now our viewership, our attendance, and i think corporates are seeing that wow, if i want to get with a consumer brand and a growth property and i want to get to women and women of color, we're 80% women of color, wnba might be i place where i would allocate my discretionary capital. i'm not sure if we didn't raise that capital

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lexaria bioscience, transforming the future of glp-1 drug delivery. >>> billionaire hedge fund founderg for his firm. he remains co-chief investment officer but is no longer investing clients' capital. he remains as engaged as ever, but the only change is he'll spend less time on computer screens and spending more time with talent. he built his hedge fund into one of the world's biggest after an insider trading scandal. i didn't see what happened yesterday. did you check the wild-card standings, zbikky? dsh becy? >> i did not. >> who's in there? cantina? let me just see. no one believed they were going to. they've been doing well recently. are you excited? that's -- >> i don't like the mets. >> you like the yankees? >> i'm actually more of a white sox fan. >> oh, that's been fun for you. >> it wasn't ugly back in the ' 80s. >> they're not doing well now. in general, that has not been a good team for me. dead last. >> do you even know what i'm whistling? >> yeah. you're giving me time to figure these things out. why would you be a white sox fan? >> i don't know. why do you like the jets

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lexaria bioscience, transforming the future of glp-1 drug delivery.iscovering magic. >>> port of new york and new jersey executives tell cnbc that they are making preparations for a potential dock workers strike at the end of this month. five of the ten busiest ports in north america could shut down if workers can't get a new union contract. some businesses are trying to get ahead and bring in more imports now ahead of that deadline. joining us right mao to talk about the impact of all this on companies, consumers and potentially on inflation is carlos gutierrez, former u.s. secretary of commerce, a cnbc contributor. and, carlos, i think in some ways we're thinking we are beaten this inflation situation but if you look at the potential for a strike here, this is hugely concerning. not only what it means for inplaying in, what it means for the ability to get goods in, what it means for a lot of things in our country. why don't you lay out the situation, if this happens, if the ports go on strike. it is about half of the incoming ocean going cargo that

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lexaria bioscience, transforming the future of glp-1 drug delivery. >> university of maryland globaljust an innovative state school, it's a school for real life, one that values the successes you've already achieved. that's why at umgc, you can earn up to 90 credits toward a bachelor's for prior learning and life and job experience, why we offer scholarships and affordable tuition, and why we have online classes and the support you need from your first day to graduation day and beyond. for over 75 years, umgc has helped people succeed again. what will your next success be? >>> welcome back to "squawk box." more depocketed investors lining up to get in on the latest open a.i. funding round which valued the company chantgpt, of course, the maker of, for $150 billion. joining us right now to talk more about it is the altimeter capital party and leads investments in private a.i. companies. you look at a $150 billion valuation. you look at the losses on the other side. you look at the revenue potential, and you say this makes a lot of sense this. makes no sense. what do you think? >> than

lexaria bioscience, transforming the future of glp-1 drug delivery. >>> all right.s of rh moving-er higher ts morning. reporting better than expected second quarter earnings. the company said it continues to see healthy demand for home furnishing and enjoys positive margin despite operating in what it calls a challenging housing market indecdecades. the stock up 20% >>> the latest sentiment survey of retail investors has shown bearish sentiment increasing from a week ago. for more on the markets, let's bring in jj kinahan. >> good morning, joe. >> s&p is kind of flat i think the nasdaq might be down a little in september. i think there were cross currents and maybe it was going to be a bad month leading to a low in october, but thens it's come back. what vis really happening beneat the surface? >> the u.s. stock market is still the best game in town. when you look overall where people are going to put their money, i think the certainty around the fed right now has people looking for what to do because, you know, many retail investors are hesitant in the bond market

lexaria bioscience, transforming the future of glp-1 drug delivery. >>> welcome back to "squawk box.he futures this morning, and after the huge volatile swings yesterday, where you had markets down significantly, but ending the day higher, you can now see there are some green arrows once again. dow futures indicated up by just over 40 points s&p 500 futures up by 6. the nasdaq up by 15. and if you've been looking at the treasury markets, again, some big swings here yesterday before and after the cpi number. today we're getting the producer price information, but the ten-year ahead of that is at 366. the two-year at 365. a much narrower spread than we have seen in recent days with the uninversion between the ten-year and two-year. look at bitcoin prices this morning, up by about $450 for the year, up pretty significantly. yesterday, there was a little bit of pressure. you can see 58,000 is where bitcoin is trading right now and some news out this morning from moderna as it kicks off its annual research and development day. the company saying that it will slash its research and develop