Power Lunch

Stocks are jumping as Wall Street looks to cap off a turbulent week on a positive note, and investors weigh fresh inflation data. The Dow is up about 2%, led to the upside by 3M. But despite today’s gains, we’ve seen more than a few cracks forming in both the consumer and the broader markets. We’ll discuss what that means for you and your money. Plus, Deadpool & Wolverine’ is hitting theaters, and shattering some records along the way. We’ll discuss what this means for the box office, as well as Disney and the media giants behind the IP.

Investors are still digesting yesterday’s breakdown in tech. And now some of today’s earnings results are  sending up even more red flags. We’ll dig into that. Plus, we’ll have a rare interview with head of Meta’s WhatsApp. The company is releasing key U.S. data for the first time, and they’ll share it with us.

Stocks are selling off today, weighed down by underwhelming reports from Alphabet and Tesla. The Nasdaq and S&P 500 are both on pace for its worst day since 2022.

Wall Street says this was likely caused by a perfect storm of an overbought market, high bar for earnings and a seasonally weak period for equities. We’ll break it all down for you.

The earnings parade is in full swing on Wall Street, with a ton of key names moving on results and some even bigger ones on deck. We’ll tell you all you need to know.

Plus, how did President Biden choose to announce he wouldn’t seek re-election? With a post on X. we’ll discuss why this could forever transform the social media landscape.

President Biden has officially stepped out of the 2024 race, with many key members of the Democratic party backing Vice President Kamala Harris to take his place. We’ll bring you the latest details.

Plus, Nvidia shares are heading higher again, while Alphabet is set to report earnings. And the ripple effects of last week’s global Microsoft outage are still being felt. We’ll break down all things tech for you.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

We’ll dig into why and how retail investors are trading, and whether or not they could be left holding the bag. 

Plus, Amazon is facing backlash over claims it’s ‘Prime Day’ discounts are nominal at best – if they even exist at all. We’ll get to the bottom of that.

The Dow is higher and setting records, crossing 41,000 for the first time ever. But the S&P 500 and Nasdaq are both down. We’ll dig into the numbers. Plus, semiconductors are getting hit the hardest today, and both sides of the political spectrum are targeting the sector too. We’ll bring you the latest details.

The record market rally is rolling on today, but with some different leadership. The Russell 2000 index is up more than 2%, while the Dow is within 100 points of 41K. We’ll break it all down.

Plus, TD Cowen is analyzing the impact that former President Trump’s running mate, JD Vance, could have on policy and the economy in a new note. We’ll speak to the analyst behind the call.

We’re awaiting news on President Trump’s pick for vice president, which could come as soon as today. And it comes as the Republican National Convention kicks off, following the attempted assassination attempt of Trump over the weekend. We’ll bring you the latest details. Plus, stocks are higher across the board today. Both the Dow and S&P 500 are hitting new record highs. We’ll break down it all means for you and your money.