Power Lunch

Stocks are clawing back their earlier losses as investors shake off concerns about tech companies potentially overspending on AI.
Brian Sullivan and Kelly Evans are joined on set by Interactive Brokers’ Steve Sosnick and Fundstrat’s Mark Newton to hear their takes on the state of the markets and whether investors should be buying into the mega-cap tech dip.
Paul Prager, TeraWulf CEO, also joined the program in-person to defend his company amid a recent double-digit pullback in share prices as investors rotate out of AI tech stocks in favor of more defensive sectors.
The anchors also speak with Rapidan Energy Group Founder & President, Bob McNally, to recap the latest headlines from the Middle East as Iranian forces escalate their attacks on oil tankers and what impact it might have on the global energy market.

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The major averages are lower across-the-board on Wednesday as investors react to hotter-than-expected September consumer inflation data.
Kelly Evans is joined by Steve Liesman for the full hour after he brings the latest Fed commentary from this month’s Beige Book.
Tusk Ventures CEO, Bradley Tusk, joins the show to discuss why he believes Anthropic should not rush to go public next month as the company holds its Pre-IPO Investor Day on the west coast and tech investors await the highly anticipated market debut.
CNBC’s Seems Mody reports on the latest headlines regarding CoreWeave as shares fall double-digits after the company’s credit-default swaps soar back to record high levels.
LightShed Partners Co-Founder, Rich Greenfield, also joins the program to provide his take on Netflix, Disney, and Meta Platforms as all three media names are making news this afternoon.

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Stocks are mostly lower as traders digest the latest slate of quarterly earnings from several of the major banks.
Kelly Evans and Brian Sullivan are joined on-set for the full hour by Douglas C. Lane & Associates’ Sarat Sethi to break down the day’s headlines and provide his perspective on the recent market moves.
RBC Capital’s Co-Head of Global Financials Research, Gerard Cassidy, joins the show to give his initial reaction to this morning’s quarterly bank earnings reports and provide predictions for the remaining financial stocks set to report over the coming days.
Bernstein’s Tech Hardware Analyst, Mark Newman, also sits down with the anchors to discuss the recent surge in memory stocks and whether the mega-cap tech names can continue to carry the major averages to new highs.

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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.