David Faber, Melissa Lee, and Carl Quintanilla began the hour by breaking down this morning’s jobs report – coming in better than estimates, though unemployment ticked up to 4.2% - and what it means for stocks. Goldman’s Chief Economist arguing the Fed will still cut rates despite those strong numbers – and a potentially higher inflation print next week. The team also caught up with President-Elect Trump’s pick for FCC Chairman: Current FCC Commissioner Brendan Carr, who gave his vision for policy ahead. 

 

Also in focus: new all-time highs for Apple, Tesla, and Meta; plus a fresh read on AI demand with the CEO of Hewlett Packard Enterprise – after quarterly results there. 

 

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