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Peter Tuchman, one of the most recognizable stock brokers on Wall Street, has been at the NYSE for over 37 years. Tuchman, who has been at the New York Stock Exchange for nearly 38 years, is the most-photographed broker on the trading floor. Tuchman describes the New York Stock Exchange as "the delta of all information" and the "last standing human entity market in the world." He landed a summer job as a teletypist at the New York Stock Exchange days after getting back. In the midst of the craziness, the wildness, and the chaos of the stock market.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlue Line's Bill Baruch on Nike options activity ahead of earningsBill Baruch, Blue Line Capital founder, joins the 'Halftime Report' to discuss Nike ahead of earnings. The investment committee weighs in.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhole market will price lower if breakages continue, says Requisite Capital Management's Bryn TalkingtonRequisite Capital Management's Bryn Talkington, Odyssey Capital Advisors' Jason Snipe, Short Hills Capital's Steve Weiss, Virtus Investment Partners' Joe Terranova and Blue Line Capital's Bill Baruch join the 'Halftime Report' to discuss Fed policy, the downfall of Silicon Valley Bank, and this week's market action.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlue Line Capital's Bill Baruch sets up the options play for Oracle ahead of earningsBill Baruch, Blue Line Capital founder, joins the 'Halftime Report' to discuss his options trade for Oracle.
WASHINGTON, March 2 (Reuters) - The U.S. House of Representatives Ethics Committee said on Thursday it had opened an investigation into embattled Republican congressman George Santos, who has admitted to lying about his resume. When asked for comment, Santos's office directed Reuters to a tweet from his congressional Twitter account, which said he is "fully cooperating" with the investigation. The first-term lawmaker from New York state has admitted he fabricated much of his resume. Santos had said he had degrees from New York University and Baruch College, despite neither institution having any record of him attending. Reporting by Eric Beech and Moira Warburton, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce's put-call ratio is inching closer to parity, says Blue Line Capital's Bill BaruchBlue Line Capital's Bill Baruch joins the 'Halftime Report' investment committee to discuss Salesforce's call and put ratio, the focus of activist investors in Salesforce and the timeline for activist investors to make changes.
WASHINGTON, March 2 (Reuters) - The U.S. House of Representatives Ethics Committee said on Thursday it had opened an investigation into Republican congressman George Santos, who has admitted to lying about his resume but defied calls to step down. The first-term lawmaker from New York state has admitted he fabricated much of his resume. Santos had said he had degrees from New York University and Baruch College, despite neither institution having any record of him attending. Santos has refused to step down despite mounting pressure from within his own party, insisting that he is the elected representative for New York's third district. Republicans control an extremely narrow margin in the House, in part thanks to surprise victories in New York state like Santos, who flipped his district in November's midterm elections.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi's Liz Young says market's in limbo, expects catalyst to the downsideCNBC’s ‘Halftime Report’ investment committee, Cerity's Jim Lebenthal, SoFi's Liz Young, Short Hills Capital's Steve Weiss and Blue Line Capital's Bill Baruch, discuss stocks reversing gains today and where the market goes from here.
My obsession is summed up pretty well by a tweet from @blagojevism: "George Santos is essentially a 19th-century character. Media depicting these characters found inspiration from real life: in a time before digital records and facial recognition, opportunity was everywhere. George Santos's brand of full-throated scammery is particularly American, something that belongs to this country as much as Abraham Lincoln and apple pie. The phrase "and if you believe that, I've got a bridge to sell you" comes from his legendary real-life method. But Santos, so far, has avoided jail time, giving him at least one leg up over the Yellow Kid.
Additionally, there isn’t a regulatory framework for audits for many crypto companies. The SEC, which oversees the PCAOB, is reviewing how crypto companies portray reports from audit firms in the aftermath of the FTX collapse. The PCAOB—which sets audit standards, inspects audits and disciplines audit firms—has said it can only oversee audits of public companies and SEC-registered broker-dealers. In a letter last month to PCAOB Chair Erica Williams, they said the watchdog ignored what they called questionable practices by auditors of crypto companies. Even potential improvements to crypto audit regulation might not prevent fraud in the crypto industry, said Andrew Kitto, an assistant professor of accounting at the University of Massachusetts Amherst and a former PCAOB economic research fellow.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigh-multiple consumer staples will struggle in a recession, says Blue Line's Bill BaruchBill Baruch, Blue Line Capital founder, says high-multiple consumer staples will be the ones that struggle if there's a recession. With CNBC’s ‘Halftime Report’ investment committee, Shannon Saccocia, Michael Farr, Jason Snipe and Steve Weiss.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs, Energy Transfer, and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Jim Lebenthal of Cerity Partners, Shannon Saccocia of SVB Private Bank, and Bill Baruch of Blue Line Futures answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this heightened market volatility, including whether to buy, sell or hold specific companies. Jim Lebenthal of Cerity Partners discussed Goldman Sachs and why he would not sell the stock. Shannon Saccocia of SVB Private recommended Medtronic . She recently added the medical device name to her portfolio. Finally, Bill Baruch of Blue Line Futures just sold Pioneer Natural Resources and suggests buying Energy Transfer .
JERUSALEM, Feb 9 (Reuters) - Earth & Beyond Ventures, a new early-stage venture fund investing in Israel’s emerging commercial space ecosystem, said on Thursday it had launched with commitments of $125 million. Earth & Beyond said it was backed by manufacturer and NASA supplier Corning Inc (GLW.N), Japanese electronics giant Kyocera Corp (6971.T), Israeli satellite firm SpaceCom (SCC.TA) and Samtec, a manufacturer of electronic connectivity components. Earth & Beyond said it would invest between $500,000 to $2 million for seed and pre-seed companies in technologies such as semiconductors, robotics, new materials, sensors, smart farms, quantum computing, solar power, cyber security, and alternative proteins. "Our job ... is to identify and support the deep technologies and ideas that can become powerful applications not just here on earth, but in space as well," said Earth & Beyond CEO Baruch Schori. Reporting by Steven Scheer Editing by Ari RabinovitchOur Standards: The Thomson Reuters Trust Principles.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s ‘Halftime Report’ investment committee weigh in on Disney and SalesforceCNBC’s ‘Halftime Report’ investment committee, Shannon Saccocia, Josh Brown, Bill Baruch, Jim Lebenthal and Brian Belski, discuss the end of Nelson Peltz's proxy fight with Disney and the company's restructuring plan.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSVB's Shannon Saccocia isn't jumping into Disney, says company has a succession issueCNBC’s ‘Halftime Report’ investment committee, Shannon Saccocia, Josh Brown, Bill Baruch, Jim Lebenthal and Brian Belski, discuss the end of Nelson Peltz's proxy fight with Disney and the company's restructuring plan.
[1/3] U.S. Representative George Santos (R-NY) departs his office to attend a House vote on Capitol Hill in Washington, U.S., January 12, 2023. "There’s no investigation, as the Ethics Committee hasn’t organized yet. Earlier in the day, McCarthy, asked by CNN if the freshman lawmaker is under investigation by the panel, McCarthy said, "Yes." "Ethics is moving through, and if Ethics finds something, we’ll take action," McCarthy told the cable news outlet. Later, McCarthy said he meant to say that Santos was the subject of Ethics Committee complaints.
U.S. Rep. Santos expected to face House ethics probe
  + stars: | 2023-02-07 | by ( ) www.reuters.com   time to read: +2 min
[1/3] U.S. Representative George Santos (R-NY) departs his office to attend a House vote on Capitol Hill in Washington, U.S., January 12, 2023. REUTERS/Elizabeth FrantzWASHINGTON, Feb 7 (Reuters) - U.S. Representative George Santos is expected to face a House Ethics Committee probe after admitting he fabricated much of his resume, but Speaker Kevin McCarthy gave conflicting responses on Tuesday about whether an investigation into his fellow Republican had begun. Asked by CNN if the freshman lawmaker is under investigation by the panel, McCarthy said, "Yes." "Ethics is moving through, and if Ethics finds something, we’ll take action," McCarthy told the cable news outlet. Later, McCarthy said he meant to say that Santos was the subject of Ethics Committee complaints.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors shouldn't pivot toward 'high beta' stocks ahead of Fed decision, says Joe TerranovaShannon Saccocia, Bill Baruch, Liz Young, Joe Terranova join 'Halftime Report' to discuss the Fed rate plan in 2023, consumer spending performance, and speculative trading.
A former roommate told New York magazine's Curbed that Santos made outlandish career claims. The ex roommate said Santos told him he was a successful model who was going to be in Vogue. He also said Santos claimed to be a journalist for a Brazilian news outlet. But according to a former roommate, Santos was making outlandish claims about his career long before then. (Insider contacted Globo to see if the news outlet had any record of Santos' employment, but did not receive a response.)
Rep. George Santos, R-N.Y., made a significant revision to his 2022 campaign filings Tuesday by specifying that a $500,000 loan he made to the campaign didn't come from his personal funds. The initial filing in September included a checked box saying the hefty loan came from the "personal funds of the candidate." About $150,000 in loans is still marked as having come from his personal funds. A separate filing shows a new $125,000 loan that came from Santos in October but was not from his personal funds. A spokesperson for Santos’ congressional office said it does "not comment on campaign or personal matters."
Grade my trade: MRK, ALLY, MU & GXO
  + stars: | 2023-01-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrade my trade: MRK, ALLY, MU & GXOCNBC's 'Halftime Report' investment committee, Joe Terranova, Jenny Harrington, Bill Baruch and Steve Weiss, weigh in on the Merck, Ally Financial, Micron, and GXO logistics.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's 'Halftime Report' investment committee weigh in on Microsoft stockJoe Terranova, Jenny Harrington, Bill Baruch, Steve Weiss and Brian Belski, join the 'Halftime Report' to discuss Microsoft as the stock falls after dismal guidance from yesterday's earnings report.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBMO's Brian Belski on Microsoft: Investors should maintain positionsJoe Terranova, Jenny Harrington, Bill Baruch, Steve Weiss and Brian Belski, join the 'Halftime Report' to discuss Microsoft as the stock falls after dismal guidance from yesterday's earnings report.
“To the people of #NY03 I have my story to tell and it will be told next week,” Santos tweeted on Dec. 22. After images surfaced showing Santos dressed in drag, Santos insisted it was “categorically false” that he had ever performed as a drag queen. A Siena College survey released Monday showed many New York voters seem to agree with Stern’s assessment. Just 16% of New York voters said they viewed Santos favorably — including a mere 15% of Republicans. Additionally, 59% of New York voters said Santos should resign while just 17% said he should not.
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