The Exchange

CNBC

"The Exchange" on CNBC is a one-stop shop for the day's top business stories, along with breaking news and the must-see market movers heading into the back half of the trading day. This newsroom-based program also features lots of original reporting, in-depth conversations and showcases CNBC's award-winning investigative work. "The Exchange" has all that plus "Rapid Fire," our innovative, reporter driven roundtable – which is a discussion of some of the day's most interesting, unusual and at times controversial topics. This series gives today's modern investor the day's top stories, the must reads & a whole lot more.

  • 47 minutes 21 seconds
    Meta’s Fact-Checking About-Face and Wall Street’s Call of the Day: Sell Apple 1/7/25

    Mark Zuckerberg is taking a page out of Elon Musk’s playbook by eliminating fact checkers in favor of community notes. We have the details and a look at the bigger battle that could be brewing. Plus, MoffettNathanson is downgrading Apple to Sell for the first time, and it’s got Wall Street second-guessing the stock. The analyst behind that call joins us to make his case.

    7 January 2025, 7:21 pm
  • 44 minutes 1 second
    Tariff Talk, Disney Strikes Deal, 2025: Year of Airline Underdogs 01/06/25

    Pres.-elect Trump denies he’s considering paring back tariffs, so what would a full rollout mean for stocks, bonds, and currencies? We’ll debate. Plus, Disney striking the first big media deal of the year with Fubo. We’ll break down the details and what it means for the broader media landscape. And one analyst calls 2025 the year of the underdog airlines, and she’s upgrading American as a result. She’ll join us to make her case.

    6 January 2025, 7:24 pm
  • 47 minutes 1 second
    First Vote for House Speaker, Bullish on the U.S., Market’s 3 Body Problem 1/3/25

    Rep.-elect Mike Johnson is fighting to retain the gavel as House Speaker, and we’ll game out the potential impact of a protracted battle for speakership. Plus, our market guest is staying bullish on the U.S. despite the drama in D.C., and joins us with the themes driving stocks in the new year. But our technician isn’t feeling so optimistic, and brings three charts that make him worry about near-term risk.

    3 January 2025, 7:09 pm
  • 44 minutes 23 seconds
    4 Rate Cuts in ’25?, Tesla Deliveries Drop, Nat Gas Picks & Shovels 1/2/25

    2025’s first big data point is a strong one, but our market guest still sees the Fed cutting rates for times this year. Plus, Tesla getting hit after its first-ever annual drop in deliveries, but our analyst is watching the trends in autonomous driving instead. And we’ll speak with the CEO of a company involved in every aspect of LNG, ahead of a predicted natural gas boom

    2 January 2025, 7:14 pm
  • 43 minutes 16 seconds
    AI’s Time to Grow Up?, Premium Trades for 2025, New Year’s Eve at the NYSE 12/31/24

    AI was the big story of the year, but now it needs to grow up, according to our market guest. Plus, insurance stocks soared in 2024, but so have property insurance premiums. We’ll tell you how to mitigate risk, potentially lower your payments, and position your portfolio for big gains in 2025. And we’re live at the NYSE for the annual singing of “Wait ‘Till The Sun Shines Nellie,” led by the late Art Cashin’s family.

    31 December 2024, 7:08 pm
  • 43 minutes 51 seconds
    Citi’s 2025 Themes & Trades, Homeflipping Flop, Jimmy Carter’s Legacy 12/30/24

    Despite stocks sinking into year-end, Citi is staying optimistic for 2025 and their US equity strategist joins us with the names he expects to outperform over the next 12 months. Plus, homeflipping profits are plunging as rates go higher. And we look back at the life, legacy, and economic record of former President Jimmy Carter.

    30 December 2024, 7:09 pm
  • 43 minutes 46 seconds
    Friday’s Sell-off 12/27/24

    Big tech is getting pounded, Bitcoin is falling, and treasury yields are moving lower. We dive into today’s market sell-off as we round out the holiday-shortened trading week. 

    27 December 2024, 7:54 pm
  • 44 minutes 13 seconds
    Discounting Disinflation in ’25, The Footwear Names to Slip Into, Commercial Real Estate Outlook 12/26/24

    David Zervos tells us why he thinks the Fed is too restrictive heading into the Trump administratio. A retail analyst brings us the four names he’s most bullish heading into 2025--including one stock that’s up 20% in the past month. Plus, the PMG CEO gives us his read on the health of commercial real estate, and why rents won’t be falling any time soon. 

    26 December 2024, 7:18 pm
  • 43 minutes 20 seconds
    The Exchange 12/24/24

    Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

    24 December 2024, 5:43 pm
  • 44 minutes 9 seconds
    Too Much Noise in the Markets, Retailer M&A in 2025, Media Predictions from the C-Suite 12/23/24

    Trader Jenny Harrington gives us the names that can cut through the market noise. With Nordstrom being taken private, we look at the other retailers that could be poised for a deal next year. And we run through predictions from 13 media executives for what 2025 will bring. 

    23 December 2024, 7:10 pm
  • 43 minutes 55 seconds
    The Exchange 12/20/24

    Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

    20 December 2024, 8:00 pm
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