The Exchange

Episodes

• AI Data Center Risks, Fed Rate Hikes & Energy PlaysNovember 11, 2026; 1p: CNBC’s The Exchange breaks down the AI trade as CoreWeave rallies, NVIDIA faces scrutiny, and investors debate whether data center spending is overbuilt. Guests also weigh in on Fed rate-hike risk, GE Vernova, natural gas, ExxonMobil, and what retail investors should watch next. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1831|41M
• Nvidia Selloff, Fed Hike Odds and AI IPOs Rattle MarketsNovember 10, 2026; 1pm: The Exchange breaks down a market sell-off as hot CPI data and Fed comments boost rate-hike expectations while Nvidia’s slide, Anthropic’s IPO roadshow and AI regulation concerns weigh on tech. Guests also discuss Texas data centers, commodities, CoreWeave and enterprise AI as investors assess whether the AI buildout can withstand higher rates and scrutiny. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1830|44M
• NVIDIA Spy Probe, AI Risks and Market RallyNovember 9, 2026; 1pm: Kelly Evans covers NVIDIA’s sell-off amid an investigation into Jensen Huang’s alleged relationship with a businesswoman U.S. intelligence agencies say is a Chinese spy, along with the potential fallout for AI, China policy and corporate governance. The episode also tracks the broader market rally, oil’s decline and rising power demand tied to data centers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1829|48M
• Mary Daly on Rate Hikes, AI Sell-Off and Jobs Friday 11/6/26November 6, 2026; 1pm: Kelly Evans breaks down a fragile market rebound after a strong jobs report as San Francisco Fed President Mary Daly says inflation remains the Fed’s top priority and more tightening may be needed. The episode also covers the AI sell-off, data center power demand, skilled labor shortages, Oklo’s nuclear roadmap and chip dip-buying. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1828|45M
• AI Stock Sell-Off: Tech Rout, Data Centers and Market VolatilityNovember 5, 2026; 1pm: The Exchange breaks down a severe AI-led market sell-off, with pressure across tech, semiconductors, data centers, neoclouds, financials and volatility. Guests debate whether the rout is a buying opportunity, a policy-driven recalibration, or a warning that AI growth expectations are shifting. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1827|45M
• Midterm Market Rally, AI Data Center Risks and Iran War Fallout 11/4/26November 4, 2026; 1pm: The Exchange breaks down the post-midterm market rally, with the Dow surging as investors weigh Democratic gains, AI data center policy risks, the Iran war fallout, housing, China, and defense spending. Kelly and guests examine why tech, homebuilders and industrials are moving, and what the results could mean for 2028 and beyond. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1826|48M
• Oil Slides, AI Stocks Rally, Midterm Stakes and Market Rotation 11/3/26November 3, 2026; 1pm: Kelly Evans breaks down oil’s pullback, renewed strength in AI and memory stocks, and how midterm election uncertainty could shape markets, data centers, and sector leadership. Guests discuss the outlook for Congress, Pfizer’s pipeline, China’s IPO pause, and where investors are finding opportunity beyond mega-cap tech. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1825|45M
• AI Sell-Off, Data Centers and Midterm Market Risks 11/2/26November 2, 2026; 1pm: The Exchange breaks down the AI stock sell-off, hyperscaler financing concerns, Apple’s agent risk, data center election politics, falling oil prices on Iran peace hopes, and midterm market setups. Kelly and guests examine whether tech can re-rate as free cash flow improves and how state ballot measures could affect municipal credit. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1824|45M
• Fed Rate Debate and AI Sell-Off at the Shadow Fed Conference 10/30/26October 30, 2026; 1pm: Live from the Shadow Fed Conference, Kelly discusses the tech sell-off, AI data center risks, and the Fed’s rate path with Howard Marks, Lou Crandall, Jason Trennert, Jeffrey Lacker, and James Bullard. The key takeaway: markets are repricing AI exuberance and renewed Fed tightening risk as inflation remains above target. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1823|48M
• Alphabet’s AI Search Selloff, Market Risk Signals and Power Demand 10/29/26October 30, 2025; 1pm: Brian breaks down Alphabet’s worst-day selloff as AI search pressures Google’s paid clicks, plus broader market jitters around Caterpillar, ServiceNow, Fortinet and the Fed. Guests discuss diversification, Raymond James’ record quarter, XPO’s diesel exposure, NextPower’s role in data center power demand and North Dakota’s state-owned bank. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  1822|43M