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Your money as power lunch starts right now welcome to power lunch. Im michelle carusocabrera. Todays gains pushing the dow positive for the month all s p 500 sectors, 11 of them now, are up. Tech financials leading the way. Energy, utilities, they are lagging. The chip space is a notable rally. Nvidia, micron, advanced micro they are up. Im tyler mathisen. We begin with the fallout in charlottesville. President trump speaking a few moments ago condemning the violence and specifically describing ...

Good Tuesday Morning welcome to squawk alley. Joining me at post flnine this morning, sarah eyeseyer eisen. Also joining us is roger mack in a my good morning to you. A lot to get to to dafrment first up, faang stocks several hedge funneled managers bearish on the stocks in the Second Quarter third point, aprpaloosa and soro are liquidating 18 stakes in those areas. They speak out on the companys streaming strategy versus fellow faang stock amazon you wrote an oped in investing in the stocks two...

Councils desert him . Are the resignations we have seen so far the beginning or are the others going to stick with him . Not that he needs that much help on deregulation, but on a day when the dow inched up, and the nasdaq declined 0. 1 , these issues became front and center and stayed with us right into the president s bizarre Afternoon Press Conference that was slated to be on infrastructure, but he ended up talking tough about some of the r resignees. The executives may influence trump on bus...

Nasdaq up 13. Train to european stock opening higher. Between three japanese stocks up over 1 . The south korean market closed for holidays. Dream to investor Warren Buffett cashes out to 17 million shares ge. Wally is making some pretty big changes. Fbn am starts right now. Churning 350 am in new york. Tuesday, august 15th. Thanks for joining us. Lauren simonetti. Cheryl i am cheryl casone. Where the president is in town. Lauren gridlock alert last night. Trying to dont attempt fifth avenue if ...

Four executives calling their moves, quote, grandstanding. Weve got all the business bases covered for you. Congressman rodry davis sits on house transportation and Infrastructure Committee and jay timmons is the president of the National Association of manufacturers, theyre here on why this new executive order might be long overdue, and whether it really will fast track projects . Plus the white supremacist neonazi weekend protests in virginia reigniting the debate over hightechs responsibility...

Sara eisen the dow is up 81 the best day for retail since late july as the markets go green for august absolutely we are also following a big business story President Trump making waves doubling down on a previous statement that, quote, both sides were responsible for the violence over the weekend. Multiple executives stepping down from the white house business councils, some vowing to stay and work with the president. Listen to the restaurant ceo andy plesner who is a big trump supporter. Liste...

The question i ask for michelle and tyler whach what happens if and when the Manufacturing Council decides to dissolve the strategic and Advisory Council has now officially tried to disband do you try to create a new one or go on the ceos he tried to put himself so close to. President trump is going to be extremely angry he is going to take this very personally he tweeted yesterday or the day before, when people started to leave, that he had others lined up to come in and take their place. We wi...

Almost one point. Cheryl japan just a little bit lower. North korea and the United States. Lauren right here at how would you pay 10 a month for unlimited movie tickets . One of the nations biggest Movie Theater chains has absolutely not. Fbn am says right now. Train 25 01 a. M. In new york in wednesday, august 16th. A lot of things to discuss this morning. Im cheryl casone. Lauren good morning. I am lauren simonetti. We want to dive right in. Train to its incredible whats happened in the last 1...

John ford has the morning off. We start with this big story about big business and the white house. Two of the president s Advisory Councils disbanding after multiple ceos dropping out citing the president s response to the violence in charlottesville. Among the ceos speaking out, jamie dimon, jeffrey immelt, mary barra, etna ceo mark bertoli bertolini. I think well talk to bob crandall in just a moment, guys, but were all trying to process the dramatic decision, how it went down, a lot of good ...

Officer gary cohn. The white house says hes not leaving his post well have all the details. Steve bannon says were at economic war with china. The former ceo of lvmh will tell us why he actually doesnt think the u. S. Can afford a trade war right now. Lets start with the two big things investors are watching carefully. Retail earnings again and more potential drama in washington. Courtney reagan is covering the walmart story for us and eamon javers has the latest political intrigue out of the wh...