Power Lunch

CNBC’s Kelly Evans and Brian Sullivan take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

The major averages are moving between gains and losses as chip stocks tumble – negating an earlier rally sparked by a decline in global oil prices. Kelly Evans and Brian Sullivan sit down with Fundstrat Global Advisors’ Tom Lee to discuss the state of the markets and crypto as we head into the busiest week of earnings season. The anchors are also joined in-person by Mizuho’s David Bellinger to break down why he’s naming Walmart a top pick and Piper Sandler’s Alexander Potter for a check on the U.S. automaker landscape. Later, Digital Realty CEO, Andrew Power, joins the show on-set for a CNBC exclusive interview about his company’s recent stock rally and the ongoing global demand surge for artificial intelligence data centers.

Major averages trading lower across the board as oil prices surge amid escalating conflict in the Middle East and investors weigh quarterly results from two of the world’s largest companies. Brian Sullivan and Contessa Brewer break down the latest earnings reports from Alphabet and Tesla with Dan Ives (Yorkville Ives & Co. Partner) as both stocks plummet in Thursday’s trading. Meanwhile, Ninepoint Partners’ Senior Portfolio Manager, Eric Nuttall, joins the program to lay out why energy prices are surging higher and BMO’s Head of Healthcare Research, Evan Seigerman, joins the anchors on set to recap the recent rally in the biotech sector.

The Dow Jones pulled back from record levels as investors once again rotate out of AI stocks into safer sectors of the market. Brian Sullivan is joined on set by Fortress Investment’s Elizabeth Burton to break down her strategy to navigate the recent volatility while Bernstein’s Doug Harned lays out the case for SpaceX after his firm initiated the stock with an outperform rating. Brian also gets an exclusive one-on-one interview with Exelon CEO, Calvin Butler, to address some of the power concerns in the U.S. and the lack of power generation currently supplying the national grid.

The Dow rises to another record high heading into the extended holiday weekend as chipmakers continue to struggle. Kelly Evans is joined by Wells Fargo’s Darrell Cronk and MJP Wealth Advisor’s Brian Vendig to break down their initial reaction to the June jobs report and look ahead to their strategy for the second half of the year. Meanwhile, Harris Oakmark’s David Herro joins the show to explain where he is investing overseas and AccuWeather’s Bernie Rayno gives the July 4th weekend forecast as millions of Americans are under a heat advisory.

The major averages are trading higher across the board on the final trading day of the second quarter as the Dow paces for its best first half in 5 years. Kelly Evans is joined by Interactive Brokers’ Steve Sosnick who helps break down the market action as they discuss the massive rally investors have seen in chip stocks and interview a healthcare analyst to ask whether the recent biotech momentum can continue. Oppenheimer’s Chris Kotowski also joins the show to explain the rationale behind his latest research note in which he downgrades Morgan Stanley and Goldman Sachs, saying alternative financial stocks are a better investment right now.

The S&P 500 heads for a losing week on Wall Street as investors rotate out of key technology stocks and into more defensive areas of the market. Dominic Chu is joined on set by Invesco’s Brian Levitt and Advisors Capital Management’s Joanne Feeney to break down the recent tech declines and assess the state of the bull market. Meanwhile, Eamon Javers brings the latest headlines from the conflict in the Middle East while Dan Pickering gives his take on what it all means for global energy prices.

Stocks remain little changed following the chip sell-off at the beginning of the week as Wall Street awaits Micron’s Q3 earnings report expected out after the markets close. Brian Sullivan is joined by Landsberg Bennett Private Wealth CIO, Michael Landsberg, to preview Micron’s anticipated results and lay out his strategy for how he plans to trade the stock if there’s a potential pullback. Meanwhile, Operation HOPE’s John Hope Bryant joins the show in-person to react to President Trump’s last-minute decision to cancel plans to sign the bipartisan housing bill into law.