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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.

The Exchange

Novo Nordisk hits a 4-year low, just days after rival Eli Lilly hits a $1T market cap milestone.
Plus, some former high-flyers trading more down to earth. Is now the time to get in? And, two unlikely names dominating the AI narrative now.

 
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Novo Nosedives, New AI Darlings & Buy the Former High-Flyers? 11/24/25

Stocks surge after the odds of a December rate cut climb. Bitcoin on pace for its worst week in three years. Plus, Alphabet's AI momentum is worrying some of its rivals.

 
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Markets Rebound, Bitcoin Breaks Down & Google's Gains 11/21/25

The Nvidia-fueled rally fizzles, and so do hopes that the Fed will cut rates next month. We look at where you can ride out the volatility and still find opportunity.

 
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Wall Street's Double Whammy 11/20/25

We break down the Nvidia numbers to watch after the bell with VC Lo Toney, and the only analyst with a sell rating on the AI giant. Short-seller Carson Block reveals a rare long position. Plus, what Lowe's got right in its third quarter.

 
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Nvidia on Deck, Muddy Waters' New Long Position & Read on Retail 11/19/25

The Street starting to split on hyperscalers with Rothschild & Co Redburn downgrading Microsoft and Amazon, while Loop upgrades Alphabet. Bitcoin turns negative for the year. Plus, Victoria Greene's three stocks to buy in the pullback.

 
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Scaling Back on AI, Crypto Cools & 3 Names to Buy 11/18/25

Options flashing a bullish, but cautious, signal ahead of Nvidia earnings. Bernstein sees near-term risk for the country’s biggest retailer. Plus, the $100M AI Super PAC picks its first target. 

 
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Tracking Nvidia Trades, Retail Wreckage, and AI Super PAC Spending 11/17/25

A December rate cut is looking less likely, but does the market need it for support?
Plus, Bitcoin is now off more than 20% from its record high, is the bottom in or are more crypto declines coming?
And our tech watcher says AI anxiety is overdone and he’s going shopping. He tells us where he’s seeing the biggest opportunities in the trade.

 
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A Divided Fed, Bitcoin’s Breakdown & AI Anxiety 11/14/25

Stocks sharply lower as the tech sell-off persists, but one strategist says it's too early for an AI bubble. Disney shares on pace for their worst day since April on mixed results. Plus, a retail bright spot.

 
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Stocks Sink, Disney Disappoints & 'Lacing Up for Liftoff' 11/13/25

Apparel prices in October were 3% higher than last year, and one analyst says that may only be the beginning. Mortgage applications climb during a historically slow season. Plus, we break down the big moves in big banks as they hit all-time highs. 

 
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Pricey Apparel, Mortgage Momentum & Banks Boom 11/12/25

The shutdown may be coming to and end, but its impact will last a while longer. We look at the ripples across the markets, travel, and holiday spending.
Why you may want to skip large-caps in favor of smaller names. Plus, our tech watcher says stick with the sector and one name in particular.

 
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Novo Nosedives, New AI Darlings & Buy the Former High-Flyers? 11/24/25

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