Nightly Business Report

The consumer is doing just fine, even on the low-end. Two of our guests are making that point today. One of them says they’re taking cuts off the table until at least December, while the other says there’s even a case to be made to raises – not cut – this year. Both are here to explain and tell us how they’re positioning from here. Plus, the “Black Swan” is here to talk AI, Bitcoin, Middle East turmoil, and where he’s seeing the biggest risks. Nassim Taleb join us live to tell us how you can position to protect yourself – and even profit from it. And Wells Fargo says China’s rise to dominate the global EV market is not all bad news for U.S. auto stocks. We’ll reveal the one name that may even benefit from it. 

Does the rally have room to run? Our market guest says yes, and for one specific reason. She’s here to make her case, and bring one name she’s especially bullish on. I’ll give you a hint – she buys her gas and her champagne there. Plus, OpenAI partnering with Reddit is just the latest example of AI companies racing to secure access to data. And they may be knocking on this company’s door too. We’ll bring you the name, and the man lending AI efforts there.  

milestone moment. The Dow just hit 40,000 for the first time ever, but can the bulls keep the momentum going? Our market guest has concerns about the strength of the economy and the consumer. He’s here with what makes him worry, and what he’s buying against this backdrop. Plus, speaking of the consumer, one of our guests is hoping to attract a particular kind. We’ll tell you who, how, and why they’re on this year’s Disruptor 50 list. And speaking of disruption, is ChatGPT’s latest tech a killer or catalyst for language learning companies? The CEO of Duolingo isn’t worried, he’s welcoming it with open arms. 

Stocks are surging after inflation cooled a bit last month. We’ll look at what that means for the Fed’s next move. Plus, lower yields are boosting homebuilders today, but new data shows demand could be slowing and we could be nearing an inflection point. And now that Google’s announced an AI assistant and search overhaul, what do all the big tech moves mean for advertisers and publishers?

Kelly explains how many investors have done better over time than they realize.

Google’s annual developers conference is kicking off with some big announcements on the company’s AI initiatives. We’ll bring you the headlines and break down what they mean for the AI race. Plus, meme stocks are back in the spotlight, and we’ve got the charts, the chatter, and the trade on the latest stock market craze. And Mastercard’s new numbers show consumers spending big on travel. We’ll break down the data with Mastercard’s chief economist, Michelle Meyer.

Kelly explains why the Fed’s battle against inflation is far from over.

Roaring Kitty and the meme trade are back, along with the rising risk of stagflation. We’ll look at how to position, and how to diagnose the health of this market rally. Plus, Apple, Google, and Microsoft are gearing up for their developer conferences. But OpenAI is front running all of them with today’s spring update. We have the headlines and the implications of a potential landmark deal with Apple. And despite big gains from GLP-1 makers, health care is underperforming the broader market this year, and our market guest has three value names in the space.

Is the IPO reopening real? Is Google’s AI strategy hinging on man? And speaking of AI, we’ve been waiting on something big from Apple, and they “crushed it,” but not in a good way. We’ll talk about all of that with Slow Venture’s Sam Lessin. Plus, the Dow is on track for eight straight days of gains. Our market guest says those gains can keep going, as long as one thing happens. He’ll tell us what it is and what he’s buying. And, in choppy waters. That’s how the CEO behind this name describes the consumer. He also says his company is well-positioned to weather it. The stock is up 17% just this week. He joins us ahead.  

Corporate America is giving mixed signals on the consumer. We’ll round up the latest company commentary and speak with Lidl’s US CEO about what he’s seeing on the food inflation front. Plus, Beyond Meat’s CEO joins us for his first live TV interview since the depths of the pandemic. We’ll wrap up the company’s disappointing quarterly results and look ahead to what’s next. And Gen Z is increasingly choosing trade schools over traditional 4-year colleges. We’ll speak with the CEO of one publicly traded company that’s benefitting from that boom.

Jefferies’ David Zervos says traders are living in rate cut la-la land and joins Kelly to make his case. Plus, office loan defaults are nearing historic levels, and the Empire State Building’s landlord says that’s creating a once-in-a-lifetime buying opportunity. And the likes of Stanley Druckenmiller are starting to trim Nvidia –should you? We’ll ask one of the biggest bulls on Wall Street.

Stanley Druckenmiller says rate cuts should be entirely off the table and that the Fed fumbled the football on the 5-yard line with the game on the line. We’ll look at the path forward for the Fed. Plus, Disney nearly broke even on streaming, but missed revenue estimates for a fourth consecutive quarter. We’ll ask Oscar-winner Brian Grazer about the future of Hollywood. And Apple unveiling its first iPads since 2022, but today’s news is only an appetizer for next month’s big event.

This year’s “Woodstock for Capitalists” is in the books, and we’ve got one Berkshire shareholder to weigh in on Buffett’s latest moves. Plus, former Starbucks CEO Howard Schultz says Starbucks needs to fix its stores to win back customers, but Bank of America is sticking with its buy rating on the stock and joins us to make her case. And, we’re tackling Disney, Simon Property Group and Lucid in Earnings Exchange.

A weaker-than-expected jobs report following a more dovish-than-expected Powell this week... did it just change the rate cut timeline for the Fed? Plus, there was one thing overshadowed in Apple’s blowout earnings report that has Needham’s Laura Martin worried. We’ll ask her what it is and what Apple can do to alleviate her concerns. And Starbucks, Disney, Block and Under Armour have all been helmed by boomerang CEOs, but has that helped or hurt the companies? We’ll ask our trader in 3 Buys & A Bail.

We’ll break down Fed Chair Powell’s message to the markets and tell you how to position from here. Plus, freelance job platform Upwork is moving higher on earnings and strong guidance. We’ll speak with the CEO about the labor trends she’s seeing. And Apple headlines today’s earnings after the bell, but we’ll also get the action, the story, and the trade on Hershey and Cloudflare in Earnings Exchange.

60 minutes until the Fed’s latest decision on interest rates. We’ll tell you how to position and what to expect for today and the rest of the year. Plus, Taylormade is taking a big swing at athleisure with Tiger Woods’ new line. We’ll speak to the CEO about that partnership, the state of golf, and a potential IPO. And we’re tackling the consumer, inflation, and housing in today’s Earnings Exchange.

24 hours until the Fed’s next decision on interest rates and one of our next guests says we could in for a hawkish surprise. She’ll tell us what she means by that and how to position. Plus, Amazon’s earnings expectations are sky-high, but one portfolio manager says the company’s firing on all cylinders and joins us to make his bullish case. And our mystery cloud stock of the day is hitting an all-time high on the back of an earnings beat. The CEO joins us exclusively with what’s driving the results.

As we count down to the Fed’s decision on interest rates this week, our market guest says don’t fear high rates, embrace them! He tells us why, and what he’s buying against this backdrop – including one name that’s out of character for him. Plus, Elon Musk makes a surprise visit to China as Tesla clears a major hurdle in that market. Is this the catalyst that could turn things around for the beaten-down EV maker? We’ll discuss. Plus, this name offers a unique way to trade the GLP-1 diet drug craze, but the company’s product spans across various sectors. The CEO joins us exclusively ahead. 

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A GDP surprise, and not a good one! The economy is slowing but inflation is stubborn, yields are spiking, and stocks are sinking. But two of our guests say it's not as bad as it seems. They’re here to tell us why, and where they see opportunity in this market. Plus, Meta is down big amid weak revenue guidance and big AI spending plans. Did that report just set the tone for Alphabet? We'll talk about that, and look at the names that are set to benefit from Meta's AI capex commitment. And there's one stock defying the selloff today. It's up 6% right now, and up 600% in a year. Yesterday, one of our guests called it a top pick. So we invited the CEO on. He joins us for an exclusive interview ahead.