Stocks are rallying across the board as mega-cap tech stocks help drive the gains in the market. Brian Sullivan and Kelly Evans are joined on-set by Michael Landsberg (Landsberg Bennett Private Wealth CIO) and Jay Peters (NewEdge Wealth Portfolio Manager) to discuss their market views and how investors should be trading the recent volatility. Yardeni Research President, Ed Yardeni, also joins the anchors in-studio to debate how Fed Chairman Warsh is handling his new position with CNBC’s Rick Santelli. Meanwhile, Entergy CEO, Drew Marsh, sits down for an exclusive interview to break down his company’s power pledge and the recent nationwide surge in data center demand that we’ve been seeing. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tech Earnings on Deck, Bonds Digest Fed Decision, Entergy CEO on Data Centers 7/30/26

Power Lunch

Tech stocks booming as many stocks recover in a big way. Welcome to Power Lunch, everybody. Really a monster day for many of the mega caps. The Nasdaq posting one of its best days of the year. Microsoft rallying as Meta falls. Apple, Amazon earnings on deck. We'll get all of that and much more in moments.

Speaking of tech, the AI buildout is creating an unprecedented surge in power demand and Entergy is at the center of it. The utility is partnering with Amazon, Meta and Google to fuel the next wave of data center growth. And the CEO, Drew Marsh, joins us exclusively. And the bond vigilantes are back. The 30-year-old surging above 5.2 percent, highest since 07, as investors question whether Fed Chair Kevin Warsh's hawkish words will actually translate into action.

Ed Yardeni says he just failed his first credibility test. He'll join us later today. All right. So obviously it is a big day. It is a big hour. And I want to highlight a top story, one that David Faber broke earlier today and has been all over all day long. It's a little bit complicated, but we're going to tie it together, folks, and make it make sense for you and why you care, even if you are not in the hedge fund world. All right. There's a hedge fund out in San Francisco. It's called Situational Awareness. Odd name, but that's its name.

It's run by a 25-year-old wonderkind or former wonderkind named Leopold Aschenbrenner. And it is a bit in crisis after AI-related bets sank. David Faber, who broke the news, joining us now. And, David, really appreciate you staying for Power Lunch. Listen, I think, and I'm talking to other people, this is a market story.

Tech Earnings on Deck, Bonds Digest Fed Decision, Entergy CEO on Data Centers 7/30/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Tech Earnings on Deck, Bonds Digest Fed Decision, Entergy CEO on Data Centers 7/30/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.