Power Lunch CNBC

CNBC’s Tyler Mathisen and Kelly Evans 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.

Trump-era tax cuts are set to expire next year, creating a $4 trillion dollar question with huge implications for the economy. We’ll discuss what it means for the 2024 presidential race.
Plus, Elon Musk is responding to reports that Tesla bought AI chips from Nvidia, but he ordered them to be shipped to two of his other companies instead. We’ll get the latest details.

The Dow is lower today after weak U.S. manufacturing data raised concerns about the strength of the economy. Banks, industrials and other shares dependent on economic growth led the pullback.
But Wall Street is coming off a strong month, with all three major averages notching their sixth positive month in seven. Is today’s action just a blip? We’ll ask our experts.

CNBC’s Tyler Mathisen and Kelly Evans 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.

It's another down day for the markets. The Dow is now off nearly 2,000 points in the two weeks since closing above 40,000 for the first time. But today's losses are all about Salesforce. That stock is down $55/share, accounting for about 350 points on the Dow, and weighing a lot on software and cyber security names including CrowdStrike, MongoDB, and Adobe. But if you look more broadly, 9 of the 11 S&P 500 sectors are higher, led by Real Estate and Utilities. We’ll dive into all of today’s market action and more, ahead.

Remember all of the excitement when the Dow closed above 40K for the first time? It’s down about 1,500 points since, with stocks lower again today. We’ll dive into the markets. Plus, Elon Musk is offering the chance to win a Tesla factory tour to any $TSLA shareholder who votes on his $56 billion pay package. We’ll bring you the key details.