

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.
Episodes
Mentioned books

Aug 8, 2025 • 44min
The Exchange 8/8/25
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

Aug 7, 2025 • 43min
Trump Targets Chips, The Growing Gig Economy, and OpenAI’s New Model 8/7/25
Rick Santelli, a CNBC contributor known for his keen insights on market trends, joins Christina Parts Nevelis, who recently reported on President Trump’s call for corporate leadership changes at Intel. The discussion dives into Trump’s bold tariffs on semiconductors and the potential fallout for tech giants like NVIDIA. They also explore the evolving gig economy, highlighting the challenges and optimism surrounding platforms like DoorDash and Airbnb. Finally, the transformative impact of OpenAI's GPT-5 model on various sectors is unveiled, stirring excitement and debate around the future of AI in the workforce.

Aug 6, 2025 • 44min
Apple Rallies, but Trouble Ahead? Plus, Bitcoin’s Bullish Sign 8/6/25
Apple shares climb after announcing it will invest another $100B in the US, bringing the total amount the tech giant will invest over the next four years to $600B. But, one technician sees resistance ahead for Apple’s share price. Plus, Fundstrat’s Tom Lee says bitcoin is a leading indicator—and right now, that’s good for stocks.

Aug 5, 2025 • 48min
President Trump Speaks to CNBC and the FOMO Driving Markets 8/5/25
President Trump joins Squawk Box to discuss the next Fed chair, future tariffs, and the jobs numbers. Becky Quick and Steve Liesman dig into his wide-ranging interview. Plus, is ‘buying the dip’ morphing into ‘catching a falling knife?’

Aug 4, 2025 • 44min
The Exchange 8/4/25
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

Aug 1, 2025 • 44min
Stocks Sink on Tariffs and Summer Jobs Shock 8/1/25
Stocks under pressure after President Trump rejiggers ‘reciprocal’ tariffs on a slew of countries, including a near-immediate 35% tariff on Canada, and July’s jobs report comes in light. We dig into the data and how to position as uncertainty ramps back up.

Jul 31, 2025 • 49min
Figma Goes Public as Tech Earnings Power the Market to New Highs 7/31/25
Design software maker Figma is making its public debut on the NYSE, valued at about $50 billion. We speak with the market maker behind the opening and bring you the first trade. And as tech earnings power the S&P and Nasdaq to new record highs, we look ahead to the next big tech reports, including Apple and Amazon out after the bell on Thursday.

Jul 30, 2025 • 43min
A Fed Divided, A Cybersecurity Deal, and Zuck’s “Superintelligence” 7/30/25
The Federal Reserve the most divided its been in more than 30 years, with two governors expected to dissent in today’s decision amid President Trump’s repeated calls for Chair Powell to lower rates. Palo Alto poised to buy Cyberark. Plus, Meta’s push to create a new category of AI-powered personal assistants.

Jul 28, 2025 • 44min
Big Tech’s Big Week, Tesla’s New Chip Deal, and Health Care Hammered 7/28/25
Four of the Mag 7 names report this week and we’ve got a pair trade ahead of earnings. Tesla signs a $16.5B chip deal with Samsung. Plus, why health care stocks could stay under pressure for longer.

Jul 25, 2025 • 44min
Countdown to the Fed Decision, Trading Trainwrecks, Market Breakout or Breakdown 7/25/25
On the heels of President Trump’s tour of the Federal Reserve yesterday, the FOMC prepares to gather for their rate decision next week. Our market guest says the conditions are right for a cut, but the committee runs the risk of looking like they’re succumbing to pressure from the President. Plus, a number of companies plunging after weak results this week. Our trader looks at the names to hold and the ones to sell. And the recent big moves in tech have investors questioning what comes next: a breakout or a breakdown?