The street turns cautious on Tesla with two Wall Street firms downgrading the stock. Why the rift between Elon Musk and the President is raising concerns. Then Warner Brothers Discovery is headed for a breakup. More on the split and the company’s turnaround plans. Plus Marathon Asset Management CEO Bruce Richards joins the show. On the opportunities in the credit market and why he says the equities markets have most likely bottomed this year.

Tesla shareholder reaction to the fallout between Elon Musk and President Trump. NYC comptroller Brad Lander, who oversees the city’s pension fund and stake of more than three million Tesla shares lays out changes he would like to see take place at the company. Then legendary Silicon Valley investor Jim Breyer on the Tesla turmoil and what it means for an already growing political divide in the tech community. Plus his outlook for stablecoin issuer Circle, as the largest outside shareholder. The stock surging close to 170% in its public debut. And then Former Fed Vice Chair Richard Clarida gives his outlook for the Fed following the monthly jobs report.

President Trump addresses the press, discussing his call with Chinese President Xi while also welcoming the German Chancellor. Plus the CEO of stablecoin issuer Circle joins the show. His company making its public debut at the New York Stock Exchange after pricing above the expected range. And then BTIG says the S&P’s smallest sector is poised for a big breakout. Its chief technician breaks down why he’s turning bullish and the key levels to watch.

After 7 years Wells Fargo is once again allowed to grow deposits, after being penalized for its fake account scandal. What’s it mean for the rest of the sector, particularly the regionals? We discuss. Then the CEO of HPE joins the show. After reporting a beat across the board. The outlook for its AI server business and the impact of tariffs. Plus pipeline operator Williams looking to revive a controversial natural gas pipeline project based in New York State. Its CEO addresses the backlash and outlook for the nat gas sector.

Nuclear stocks rally after Meta announces a deal for nuclear power with Constellation Energy. We talk to one analyst who lays out his top picks in the space. Then the tariff tax for retailers. A detailed breakdown of just how much prices could rise for consumers should trade deals not be reached. And then the CEO of Tri Pointe Homes, one of the nation’s largest homebuilders, provides his outlook for the housing market as supply continues to remain tight.

China pushes back against U.S. accusations that it violated parts of the Geneva trade agreement. Sources tell CNBC talks between the two countries’ leaders could take place as soon as this week. Then CEO of Marriott breaks down the outlook for travel as demand concerns grow amid a global trade war. Plus Jamie Dimon warns about cracks in the bond market. Doubleline’s Deputy CIO lays out how investors should be positioned.

The President takes to social media saying China “Totally violated its agreement” with the U.S. when it comes to a trade deal. We break down the impact for the market. Then Apple the only Mag 7 name in the red for the month of May. A look at how to play the stock as the company continues to battle with the White House over future production plans. And then two Wall Street firms with massive price target hikes for Netflix. Why the company’s live event strategy has the street growing increasingly bullish.

After a court blocks the President’s sweeping tariffs, what’s the impact on future trade deals? We discuss. Then Nvidia results spark a move higher in the chips. How export restrictions and a global trade war are impacting demand. Plus new details emerge about Elon Musk’s efforts to derail OpenAI and Sam Altman’s recently announced Middle East data center deal. An inside look at that story. 

Bill Pulte, the FHFA Director and Chairman of Fannie Mae and Freddie Mac joins the show after the President says he’s exploring taking the companies public. Plus he responds to the drop in FICO stock after one of his tweet sent shares down double digits. Then the street paying close attention to how export restrictions impact Nvidia results. The DoD’s former head of AI strategy breaks down potential headwinds. Finally, Abercrombie a massive winner in retail. How it’s navigating tariffs and macroeconomic uncertainty.

JPMorgan’s Chief U.S. Economist reacts to a hotter than expected consumer confidence number and lays out the case for why he’s pushing back his timeline for the resumption of Fed rate cuts. Then new data shows a surge in iPhone exports from India. But President Trump and Beijing won’t be making further grow easy. What does CEO Tim Cook do next? We discuss. Plus the CEO of nuclear company Oklo inking a new partnership to expand its global footprint. The stock already up more than 130% this year. The CEO joins us for more on the deal and how Trump’s nuclear executive order impacts the company.