Goldman Sachs' 2025 AI Predictions, Bitcoin Falls & Mag 7 Performance 12/26/24
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 26 December 2024
⏱️ 43 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Market moving insight and analysis. |
| 0:02.1 | Join Jim Kramer, David Faber and me, Carl Cantonia, on the opening bell hour of CNBC Squawk on the Street. Good Thursday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Brian Sullivan today at post-9 of the New York Stock Exchange. Carl Jim and David have the morning off. Take a look at futures. We've got a full day of trading here coming up and we're headed |
| 0:21.4 | for a lower start. Dow futures down 231. S&P futures down 28. Santa Claus rally looks so good |
| 0:27.1 | before the holiday. We'll see if it can continue and things turn around. Remember, we're in the |
| 0:31.9 | five final trading days of the year plus the first two of the new year. That's the Santa Claus |
| 0:36.6 | Rally. NASDAQ futures, |
| 0:38.0 | which have been a winner down 108. Stocks are, as I mentioned, poised for a lower open after |
| 0:43.6 | back-to-back gains for this holiday shortened trading week. Yeah, we got a crypto watch as well. |
| 0:48.3 | Bitcoin falling in near $95,000, even as micro strategy, which is a software company. |
| 0:54.5 | It's really a Bitcoin play. |
| 0:55.9 | Plants to issue more shares. |
| 0:57.5 | And let's talk about apples melt up. |
| 1:00.5 | Now, Apple is closing in on a $4 trillion market cap valuation. |
| 1:05.8 | But, Sarah, Apple may do something that it has not done at any time since 2010. So first time in 14 years. Which is? Oh, you got to stay tuned to find out. Oh, okay. Call that a deep tease. At first I thought you were going to say $4 trillion, but it's not, it didn't do that in 2010. It's never done that anywhere. They call that a deep tease. Before we get to the markets, Brian, we do have some news |
| 1:27.7 | about you. There was a big announcement. You're joining Kelly Evans as the co-ancher of Power Lunch |
| 1:33.1 | beginning a week from today. Very exciting. Yes, it's very exciting for everybody but Kelly. |
| 1:39.5 | January 2nd. I don't believe that. Yes. Kelly's awesome. The show team is great and look forward to it. |
| 1:44.9 | I know there have been different iterations of Power Lunch, but this is a big triumphant return at a time where, look, any show that's on during the market hours these days is an exciting show. |
| 1:57.4 | I will both commute in the morning and at night during daylight, which is a win. |
| 2:01.5 | And you have a big commute. You live like very far away. I do sometimes I'm in the city, |
| 2:06.1 | but so I look forward to it. But by the way, we have today. We have today. We do it. And we have |
| 2:11.7 | tomorrow. So lucky me. And it looks like we are starting for lower open today. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

