Halftime Report The Markets, the Middle East, and your Money 6/23/25
Jun 23, 2025
Joe Terranova and Steve Weiss, members of CNBC's Investment Committee, share valuable insights on market dynamics impacted by geopolitical developments in the Middle East. They discuss the surprising resilience of markets amidst uncertainty and the strategic moves in large-cap technology, especially regarding autonomous vehicles. Conversations also touch on Apple's AI challenges and cautious investment stance. Furthermore, the duo examines how escalating tensions affect sectors like energy and defense, offering tactical investment recommendations along the way.
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Market Resilience Despite Middle East Tensions
- Markets showed resilience after initial drops on Middle East tensions, reversing quickly.
- This resilience despite geopolitical risks signals underlying investor confidence.
Tariffs Hold Back Market Rally
- Tariff resolution is key for market to reach new highs.
- Prolonged uncertainty on tariffs keeps the market range-bound before earnings.
Tesla Trading Strategy Advice
- Selling calls on Tesla may yield better returns than holding long positions now.
- Tesla stock appears capped between $380 and $400 due to weakening car business fundamentals.