Memory Stocks Continue to Grip Wall Street 5/11/26

Major averages coming under pressure from higher treasury yields as consumer and tech stocks lead the declines. Kelly Evans & Brian Sullivan break down whether the recent market rally may be in jeopardy. Meanwhile, media mogul, Byron Allen, and Google’s Chief AI Architect, Koray Kavukcuoglu, join the show for exclusive interviews on the state of their industries.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Kelly Evans and Brian Sullivan take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks pare their recent gains following the conclusion of the Beijing summit between President Donald Trump and Chinese President Xi Jinping. Brian Sullivan reports live from Louisiana at the site of an LNG export facility with one-on-one interviews with Energy Secretary Chris Wright and Louisiana Governor Jeff Landry while Kelly Evans breaks down the move in tech stocks and treasury yields back at CNBC Global Headquarters.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Major averages move higher across the board as President Trump meets with Chinese President Xi Jinping in Beijing and Cerebras Systems begins trading on the Nasdaq for the largest tech IPO since 2020. Celebrity chef Bobby Flay and NASCAR COO Ben Kennedy also join Kelly Evans & Brian Sullivan on set for exclusive in-person interviews to round out the show. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Kelly Evans and Brian Sullivan take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Rick Santelli joins to break down the global rise in yields. Sunrun CEO Mary Powell joins to discuss the state of solar energy.   And is the market too concentrated? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Kospi continues to surge. Jefferies' Julien Dumoulin-Smith joins to discuss the surge in energy storage stocks.    And how close is streaming getting to old TV? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Morgan Stanley's Michael Gapen joins with his economic read. Strategy CEO Phong Le discusses the company's bitcoin plan.    And more and more Americans are working multiple jobs—what does it mean for the economic outlook? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Former Bridgewater Associates Chief Investment Strategist Rebecca Patterson gives her outlook on the AI trade and broader market. Hut 8 CEO Asher Genoot joins in an exclusive to discuss the company's new $10B data center deal.  And could ChatGPT manage your portfolio? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Memory and chip stocks rally. Lightshed Partners' Rich Greenfield breaks down Disney's first earnings report with Josh D'Amaro as CEO.   And how is the consumer holding up? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.