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
May 2, 2025 • 44min
Jobs Jitters, Epic Games CEO on Apple, and Will Tariffs Steal Christmas? 5/2/25
The labor market stronger than expected in April, but can the momentum last? Epic Games CEO Tim Sweeney takes a victory lap in his battle against Apple. Plus, your artificial Christmas tree could cost $3,000 this year.
May 1, 2025 • 43min
The Fed’s Next Move, Musk’s Dilemma, and Apple’s Fee Fight 5/1/25
More signs of labor market weakness ahead of the April jobs report. Tesla reiterating its confidence in Elon Musk. Plus, a federal judge says an Apple executive “outright lied” about fees.
Apr 30, 2025 • 44min
Trump’s First 100 Days, Big Tech Earnings on Dec, Transport Recession Indicator 04/30/25
Today’s negative GDP print casting a shadow over President Trump’s first 100 days. We have the headlines from his cabinet meeting. Plus, the busiest week of earnings season rolls on with Microsoft and Meta on deck to report after the bell today. And XPO’s CEO joins us to weigh in on the tariff turmoil and its impact on the transport sector.
Apr 29, 2025 • 53min
Auto Tariff Relief, The White House Attacks Amazon, and Commerce Secretary Lutnick Live! 04/29/25
The President is expected to sign an executive order providing some tariff relief for autos, but is it enough? We look at what is changing and how to position in the auto trade from here.Plus, the White House is blasting Amazon over reportedly planning to show tariff costs on products. Amazon shooting down that report...sort of. We have the details and whether it signals an emerging rift.And Commerce Secretary Howard Lutnick on U.S. manufacturing, and one trade deal that's done and waiting for approval.
Apr 28, 2025 • 44min
Supply Chain Shenanigans, the AI Open Market, Spotify on Deck 4/28/25
Are the warnings about empty shelves in a few weeks due to tariffs overblown? VC Bradley Tusk makes the case for keeping AI open and accessible across borders. Plus, the bullish case for Spotify ahead of earnings.
Apr 25, 2025 • 43min
The Luxury Goods Trade, April Auto Sales 4/25/25
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Apr 24, 2025 • 43min
Trade Talk Confusion, Another Ugly Housing Report & Tariffs hit Food Stocks 4/24/25
The messaging on trade talks is very different in Washington versus Beijing. We have the latest and look at how to position amid all the trade turmoil. Plus, we got another ugly report on housing, and one data point that was rather unusual. We'll tell you what it is and what it means for the housing market from here. And, our analyst sees a period of below-target growth for two big food names, but he also sees one bright spot. He joins us with the winners and losers.
Apr 23, 2025 • 43min
Tesla Earnings, Market Misunderstandings & Travel Sector 4/23/25
Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.
Apr 22, 2025 • 43min
Bessent Boosts Stocks, Names to Buy Now, and Google’s AI Future 4/22/25
Treasury Secretary Bessent saying the current standoff between China and the U.S. is unsustainable, giving investors hope President Trump might back down from his hardline stance on trade. Our strategists have two names they say can ride out the current volatility. Plus, Google’s Search remedies trial is taking a turn for the AI.
Apr 21, 2025 • 46min
Trump vs. Powell and Valuation vs. Domination 4/21/25
President Trump going after Jay Powell yet again, calling the Fed Chair a “major loser” and urging him to cut interest. Plus, Wolfe upgrading two entertainment stocks—one on valuation, one on domination. We have the names and the bullish case.
