Power Lunch

Stocks are falling to begin September as inflation worries and elevated oil prices lift bond yields in the U.S. and abroad.

Dominic Chu and Kelly Evans sit down with Northern Trust Asset Management’s Joe Tanious to break down the move in global bond yields and whether it will influence the Federal Reserve to raise interest rates at this month’s meeting.

After more than 15 years at the helm, Tim Cook is stepping down as Apple’s CEO and John Ternus is succeeding him in the role. Patrick McGee, author of “Apple in China,” joins the program to recap some of the key milestones from Cook’s tenure and lay out his predictions for Ternus’ era.

Later on, Roundhill Investment’s Drew Pettit comes on to discuss the memory trade’s recent run and what the rest of the year might have in store for semiconductor investors.

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CNBC’s Kelly Evans and Brian Sullivan 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.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Kelly Evans and Brian Sullivan 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.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Kelly Evans and Brian Sullivan 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.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are relatively unchanged on Wednesday after the latest PCE report revealed inflation levels remain elevated.

Brian Sullivan and Contessa Brewer sit down with Wells Fargo’s Ohsung Kwon and Interactive Brokers’ Steve Sosnick to break down the key factors moving the markets and impacting investors.

Evercore ISI Head of Internet Research, Mark Mahaney, chats with the anchors about Meta Platforms’ $16.7 billion settlement with 48 states over child-safety claims and the company’s plans to replace many of its staff members with AI agents.

In the tech world, CNBC’s Kate Rooney reports on the string of executive departures from OpenAI as the company works to justify its $852 billion valuation, and Baird’s Tristan Gerra provides his predictions for Nvidia’s Q2 earnings ahead of the company's report after-the-bell.



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