The Exchange
"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.
Latest episodes
Jun 6, 2025 • 44min
Philly Fed President Exclusive, Trump-Musk Feud Latest, Apple WWDC Countdown 6/6/25
President Trump is calling on Fed Chair Powell to slash rates by a full point. We have Philadelphia Fed President Harker’s reaction and exit interview before he retires. The feud between Elon Musk and President Trump is making investors wonder what’s next for Tesla shares, on pace for their worst week in nearly two years. And Apple’s worldwide developers conference is set to kick off on Monday. We look ahead to what to expect in CEO Tim Cook’s keynote address.
Jun 5, 2025 • 46min
The Exchange 6/5/25
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Jun 4, 2025 • 44min
The Exchange 6/4/25
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Jun 3, 2025 • 44min
Alphabet’s Hidden Gem, Stifel CEO on State of the Economy, Musk vs. Trump White House 6/3/25
Truist sees one exciting area of Alphabet’s business that’s getting zero attention or credit. He’ll tell us what it is, and why he sees the stock climbing 20% from here. Plus, Stifel’s CEO is cautious heading into the second half of the year but expects a lighter regulatory touch to boost the market. And Elon Musk is not pulling punches in his latest post about President Trump’s spending bill. We have the headlines from the White House.
Jun 2, 2025 • 44min
China Trade Tensions, Unhealthy Returns?, Alaska Pipe(line) Dream 6/2/25
Renewed trade tensions are pressuring stocks, with China accusing the U.S. of violating their agreements in Geneva. We have the latest from the White House and the potential impact on President Trump’s tax and spending bill. Plus, health care sat out the May rally, posting its worst month since December. We look at where investors can find opportunities in the space. And Brian Sullivan is in Alaska for a closer look at the Trump Administration’s LNG pipeline there.
May 30, 2025 • 42min
US-China Trade Latest, Dimon’s Dire Warning, Musk’s Last Day 5/30/25
The White House and Beijing are trading salvos in the trade war over broken agreements and threats over semiconductor exports. Plus, JPMorgan Chase CEO Jamie Dimon has a dire warning for the bond market that all investors need to hear. And with Elon Musk wrapping up his time as a special government employee, we ask Wedbush’s Dan Ives about what it means for Tesla’s future.
May 29, 2025 • 44min
Tariffs Blocked, Underscoring Nvidia’s Bull Case, and Come Fly the Blue Sky 5/29/25
A federal court has blocked some of Trump’s tariffs, including the ‘reciprocal’ levies, we tell you what’s next and what it means for the markets. The key word mentioned 27 times on Nvidia’s earnings call that experts say underscore the bull case of the chip giant. Plus, United and Jetblue team up.
May 28, 2025 • 43min
Nvidia’s Second-Half Hopes, International Opportunities, and the “Nasty” TACO Trade 5/28/25
Nvidia’s Q2 results after the bell could be messy, but Raymond James sees hope in the second half. Why it’s not too late to get into the international trade. Plus, CNBC’s Megan Cassella gets President Trump’s response to Wall Street’s newest trade acronym: TACO (Trump Always Chickens Out).
May 27, 2025 • 44min
Stocks Rally on Tariff Delay, but Budget Battle Looms 5/27/25
Stocks surge after President Trump delays EU tariffs until July, but Citi warns the GOP’s reconciliation bill could have big implications for stock valuations. Plus, could Trump’s trade war actually be deflationary?
May 23, 2025 • 44min
The Exchange 5/23/25
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
