Nightly Business Report

Kelly speaks with BMO’s Simeon Siegel. They talk about how Peloton shares have fallen sharply, just like Simeon warned they would; how that restores his faith in efficient markets; and what it was like for him when they were trading above $100. They also talk about how wholesale is making a comeback as a business model, what that means for stores like Macy's and Nordstrom, and why Traeger grills are actually a good example of that. Plus--the name that Simeon thinks is one to watch into 2022.

The ugly PPI report has sent stocks into the red, as the Fed kicks off its big two-day meeting. Will they look at the data and start to taper faster? We’ll debate. Plus, media stocks have been crushed lately, but trying to stage a comeback today. We’ll look at what’s driving the losses and who’s best positioned for a turnaround. And, in today’s Rapid Fire: we’ll bring you some big calls for 2022, including Apple, Chipotle and Disney, and tell you how to trade them.

Is it time for markets to start preparing for a worst-case scenario from the Fed? We’ll tell you what that could look like, and the likely stock winners & losers too. Plus, 2021 is shaping up to be the year of the merger, with record M&A deals. Who’s best positioned to benefit if that momentum continues into 2022? We’ll explain. And, in today’s Rapid Fire: Apple’s ascension to $3 trillion, Harley Davidson’s EV moves and Peloton’s “Big” moment.

In this conversation, Kelly covers everything from her unlikely entry into the world of cryptocurrencies to the next hot investment with venture capitalist Sarah Kunst of Cleo Capital, which was involved in a big fundraise at the Winklevoss twins’ Gemini. Sarah talks about the way she fell into the space, why she keeps buying the crypto dips and why she’s dipping her toe into the clean energy names.

Stocks are on track for big weekly gains, despite the biggest jump in inflation in nearly 40 years. And even with the nasty headlines, bond yields are moving lower today. We’ll try to make sense of it all. Plus, restaurants are feeling the inflation pinch. We’ll look at who’s hurting the most, and who’s best positioned to weather the storm. And, in today’s Earnings Exchange: we’ll bring you the action, the story and the trade in Lennar, FedEx and Rivian ahead of results next week.

The major averages are on track for nice weekly gains, trying to extend their winning streak to 4 straight sessions. We’ll speak with a strategist who says this rally is all about “TINA” & “FOMO,” and he’ll give us 3 stocks poised to benefit. Plus, we’ll speak with the CEO of UMH Properties about the hot housing market, and why his company’s manufactured homes are poised to take off even more. And, in today’s Earnings Exchange: we’ll give you the action, the story and the trade in Lululemon, Costco and Broadcom ahead of results on deck.

Kelly explains why she thinks Bitcoin is here to stay, despite what many critics say.

Staying in the metaverse, Kelly chats with NFT artist GM Render about how he discovered digital art, his ongoing projects, and how NFTs and the metaverse are returning power to the people. They also explore how one group nearly bought a copy of the U.S. Constitution for $40+ million.

Stocks are taking a breather today after back-to-back strong gains that have helped close the gap on the recent selloff. But small cap names are still lagging the rest of the market this year. We’ll give you four stocks that are good buys at these levels. Plus, shares of ChargePoint are lower on a wider-than-expected loss, and down 30% since going public. We’ll speak with the CEO about earnings, expansion and the Infrastructure bill. And, in today’s Earnings Exchange: we’ll give you the action, the story and the trade in Gamestop, Rent The Runway and Hormel on deck.

Kelly speaks with Justin Fuisz, CEO and Co-Founder of Octi, a recently launched social media app, about the rapid changes in the metaverse space. We talk about why Apple is a key player to watch; why Octi intentionally looks and feels a lot like TikTok right now; and how people should best get familiar with this emerging space. They also discuss the risks to Facebook's ambitions, and how Octi makes money.

We’re seeing a mega market rally for the second straight session, with the Nasdaq leading the way this time. We’ll look at what’s changed, and what stocks could be the next great opportunities in the tech space. Plus, semiconductors and cloud names are flying high today, while media stocks are selling off. We’ll dig deeper into today’s big movers. And, strong guidance and record margins have shares of Designer Brands soaring. We’ll speak with the CEO about the consumer and the holiday shopping surge.

Stocks are in rally mode today but we’ve been here before. Is the volatility here to stay into year-end? We’ll look at how to best position yourself. Plus, putting a price on carbon. Former BP CEO Bob Dudley says it’s necessary but how will energy companies cope with that? And where does he see oil prices going from here? We’ll ask him. And, you may know him as Deadpool or as the face of Aviation Gin, but actor Ryan Reynolds is also working to change advertising. He joins us live with the disconnect he sees in the industry and how his new venture hopes to disrupt the space.

Kelly talks to Graham Copley, Founding Partner at C-MACC about two critical issues: the supply chain and the energy transition away from fossil fuels. They dig into why Graham isn’t worried about permanent logistics issues and why inflation isn’t here to stay.

The Nasdaq selling off in tandem with falling rates. What’s behind the tech disconnect…and where you can find opportunities. Users are spending millions of dollars on real estate in the metaverse. We explore how a virtual reality is creating real world jobs. And the restaurant darlings of the pandemic are falling out of favor with investors…what’s driving the dining drop.

What a difference a day makes…again. After a late-day selloff yesterday, the major indices stage a big rebound. We explore whether investors should wait for the volatility to calm down or go bargain hunting. Recruiter.com CEO Evan Sohn joins us ahead of the November Jobs Report to discuss employees’ and employers’ changing priorities as candidates reevaluate what they want out of new positions. Plus, Enron went bankrupt 20 years ago today. And while the ensuing fraud scandal was epic, Enron leaves behind a complex legacy…one that includes video conference calls and digital streaming.

Kelly talks to Stan Majcher, Mid-Cap Value Portfolio Manager at Hotchkis & Wiley. They cover the Biden administration’s plans to lower oil prices, the structural issues in the energy industry, big oil’s spending issues, and where to invest.

Before the CDC said the first Omicron case in the US has been identified, stocks were higher on day two of Powell and Yellen on the Hill, we dig into what their testimony means for both the bulls and the bears and how to play it. With AWS announcing two new chips and Apple bringing production in house, we look at what the manufacturing reshoring trend means for the global chipmakers. Plus, a wild week for airlines as covid variant concerns weigh…should you buy the dip? One trader says yes.

Fed Chair Jay Powell triggering a sell-off after he said the QE taper timeline could accelerate and that inflation is no longer ‘transitory.’ We dig into what it means for the equity and bond markets…and where to find opportunities. Consumer Confidence hit a low not seen since February as inflation continues to weigh…Conference Board CEO Steve Odland digs into what it means for retailers and the labor market. And Apple was a rare bright spot, Needham’s Laura Martin reveals why she’s staying bullish on the tech giant despite the tech wreck.

Stocks bouncing back after Friday’s big selloff. Did the markets overreact to Omicron? We’ll explore. Plus, Jack Dorsey is stepping down as CEO of Twitter. With the stock down 40 percent from its February high, we look at what’s next for the company. And, Bitcoin rebounding today but still down double digits in the last two weeks. We look at why the Omicron variant isn’t the only thing driving the selling.

In this conversation, CNBC reporter Kate Rooney helps walk us through the big changes that have created headwinds for payment giants Visa and Mastercard. We talk about the significance of Visa's bid for Plaid; the rise of new rival payment networks; and which crypto names could also end up significantly disrupting this space.