The Exchange

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

Nvidia has hit a staggering $4 trillion market cap, sparking excitement about its next growth catalyst. Bitcoin is also making headlines, soaring to new all-time highs thanks to rising institutional interest. The discussions dive into the implications of trade tensions and tariffs between the U.S. and Canada, alongside a critical moment in U.S.-Russia relations as Trump hints at a pivotal statement. With the surge in metal prices, the mining and energy sectors are looking more enticing than ever for investors.

Dive into a whirlwind of market trends and tech challenges! Discover how a hefty tariff on Brazil is impacting the economy while small-cap stocks and Delta Airlines are on the rise. Unpack the leadership hurdles at Apple, particularly the future of Tim Cook amidst talks of innovation and supply chain shifts. Plus, explore the rally of Chinese stocks driven by government interventions. Lastly, get insights on state rankings and the re-emergence of popular products like the McDonald's snack wrap for budget-conscious consumers.

Dan Niles, founder and portfolio manager at Niles Investment Management, offers keen insights on the market's reaction to Nvidia's record $4 trillion market cap. He discusses the future potential of tech stocks, particularly in AI infrastructure, amid fluctuating prices. The rivalry between Kevin Hassett and Kevin Warsh for the Fed Chair position heats up as Niles evaluates their differing strategies. Additionally, he dives into the impact of tariffs on Amazon’s impressive Prime Day sales, highlighting consumer behavior and retail dynamics amidst economic changes.

Market analysts suggest a possible 12% stock correction ahead, influenced by new tariffs and inflation concerns. Elon Musk’s surprising interaction with analyst Dan Ives sparks a discussion on Tesla’s market position. The podcast also highlights Bank of America's bullish outlook on Uber, driven by a significant new bill from President Trump. Additionally, listeners will learn about developments in Uber's driver benefits and the exciting future of autonomous vehicles in ride-sharing.

Stocks under pressure after President Trump pushed this week’s tariff deadline to August 1, saying he’ll be sending letters to trading partners over the next few days. What the recently signed megabill and Musk’s new political party means for Tesla. Plus, CNBC’s deep deficit dive. 

AMERICA’S DEFICIT RECKONING: What happens if the U.S. doesn’t rein in the budget deficit? CNBC Senior Finance & Banking Reporter Leslie Picker interviewed a dozen experts, investors and former government officials over the course of five months to explore the consequences of America’s fiscal path – not how to solve it, but what’s at stake if we don’t. This special report unpacks how rising debt threatens markets, hinders economic growth, and fractures international relations. From trillion-dollar annual interest payments to bond-market tremors to geopolitical vulnerability, CNBC explores the tipping point that the U.S. may be approaching – and whether it’s still possible to change course.

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

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

Both the Nasdaq and the S&P 500 hitting new record highs on the final trading day of the first half. We discuss the rally with one strategist who called it months ago. Plus, Robinhood hitting a new all-time high after announcing a slew of new crypto products. CEO Vlad Tenev tell us all about the company’s push into the space, and what’s ahead.