CNBC's Steve Kovach joins 'Closing Bell' to report on OpenAI’s board of directors saying Sam Altman will step down as CEO and will be replaced by chief technology officer Mira Murati. Closing Bell,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance news,money,money tips,financial news,stock market … [Read more...]
Charles Schwab misses Q4 earnings estimates, shares fall marginally in session
Walt Bettinger, Charles Schwab CEO, joins 'Closing Bell' to discuss the company's earnings results and the details behind the company's earnings. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the … [Read more...]
SVB is clearly an example of something breaking, says Charles Schwab’s Liz Ann Sonders
Charles Schwab's Liz Ann Sonders joins 'Closing Bell' to discuss the Fed rate hikes, the scale of contagion from Silicon Valley Bank's collapse and the potential for future breakage. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: … [Read more...]
The big 6 banks are over capitalized right now, says Hightower Advisors’ Stephanie Link
Hightower Advisors' Stephanie Link joins 'Closing Bell' to discuss pain in small caps, the health of the banking sector and mortgage exposure in banking. Closing Bell,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance news,money,money tips,financial news,stock market news,stocks … [Read more...]
UK PM Liz Truss fires her finance minister amid mounting political pressure and market chaos
Wilfred Frost, Sky News Anchor, joins 'Closing Bell' to discuss mounting pressure on UK Prime Minister Liz Truss to resign, the UK government's increased focus on monetary policy, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to … [Read more...]
President Donald Trump’s Tariffs Could Cost My District Jobs: Congresswoman Jackie Walorski | CNBC
Congresswoman Jackie Walorski (R-Ind.) and Barry Zekelman, CEO of pipe and tube-maker Zekelman Industries, discusses what Trump's tariffs could mean to jobs in Indiana, and those industries in this country. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you … [Read more...]
Record closes for the Dow and the S&P today
CNBC's Mike Santoli, Xi Qiao from UBS Global Wealth Management and Ariel Investments vice chairman and head of investment group Charlie Bobrinskoy join Closing Bell to discuss the current state of the stock market. Closing Bell,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance news,money,money … [Read more...]
Peloton shares tank after wider-than-expected Q1 loss
Kristina Partsinevelos joins 'Closing Bell' to report Peloton's first quarter earnings. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter. The company slashed its outlook … [Read more...]
Peloton stock down following earnings, as gross margins short of expectations
Peloton reported a loss in Q4. Gross margins fell significantly short of expectations. The company also announced it will drop the price of it's basic bike by $400. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Peloton said it’s lowering the price of its less expensive Bike machine by about 20% to $1,495, starting … [Read more...]
Peloton stock sinks after earnings
Bernie McTernan from Needham joins Closing Bell to discuss Peloton's earnings. The company reported lower-than-expected numbers but higher-than-expected guidance. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » … [Read more...]