Great and insightful freight market interview on Worldwide Exchange with Frank Holland and Craig Fuller 🛩🚛🚂⚓️ 🏆🍿📺👇

'We can see that rates are driving the market [over earnings], and we expect that through the rest of the year,' says Matt Powers to Frank Holland

'Pharma is a very intelligent industry, and intelligent AI is here, and it's making a big, big impact industry after industry,' says Caret Group's Fred Hassan to Frank Holland

'We're seeing increased pressure on the consumer going into this Memorial Day and summer season,' says Steve Odland to Frank Holland #MDW

'What is driving really soft conditions in the freight market is the excess capacity. We added 28% more trucks in the market from 2019 to 2022,' says Craig Fuller 🛩🚛🚂⚓️ to Frank Holland

'The utilities and tech space right now are ripe for some additional investment,' says Horizon Investments's Scott Ladner to Frank Holland

#WEXWrapUp w/ Frank Holland: Stories you may have missed from today's show.

- Starwood fighting off fire sale
- SEC clears way for $ETH ETFs
- $ROST hikes profit forecast
- Entire $GIL board resigns
- $META paid AI tool in progress

On today's show with Frank Holland:

Markets: Scott Ladner
Freight: Craig Fuller 🛩🚛🚂⚓️
Consumer: Steve Odland
AI: Fred Hassan
Trading: Matt Powers

Reporting: Carolin Roth, John Patrick Ong, Bertha Coombs, Julia Boorstin, Arabile Gumede, and Megan Cassella

See you at 5am ET on CNBC!

LISTEN NOW: Nvidia shares are surging following another blockbuster quarter, as demand for its AI chips shows no signs of slowing down. Clockwise Capital's James Cakmak and Stifel's Ruben Roy discuss. Listen and follow the Worldwide Exchange podcast here:
link.chtbl.com/worldwide_exch…

Great discussion with Elizabeth Evans and Frank Holland on the Godfather of AI Jensen and Nvidia on Worldwide Exchange 🔥🏆🍿📺🐂👇

'We have heard from clients multiple times this week whether the feverish pace of this market can continue, and after $NVDA's knockout report last night, the answer is yes,' says Elizabeth Evans to Frank Holland

'So long as the earnings continue to grow in the manner in which they have, we see that valuation justified,' says James Cakmak to Frank Holland $NVDA

'There's a broadening of the spend on AI. $NVDA talked about enterprise customers coming in, consumer internet companies coming in,' says Stifel's Ruben Roy to Frank Holland. 'There's a broad-based demand.'

'It's an incredible company. It's the real deal. I would just say that, when we look at the market, buying the $SPX, it's not as exciting as it might've been a year ago,' says Hennessy Funds' Josh Wein to Frank Holland $NVDA

'AI is the biggest innovation of our time, at least in the next decade or so, and $NVDA is certainly going to be the beneficiary there,' says sylvia jablonski to Frank Holland

#WEXWrapUp w/ Frank Holland: Stories you may have missed from today's show.

- $BA China deliveries delayed
- DoJ eyes $LYV breakup
- $NWSA inks deal with OpenAI
- $WBD $DIS NCAA football deal
- $DD to split into 3 companies
- $ETH eyeing best week in a year

On today's show with Frank Holland:

Markets: Josh Wein and sylvia jablonski
Nvidia: James Cakmak and Ruben Roy
Trading: Elizabeth Evans

Reporting: Carolin Roth, Silvana Henao, Robert Frank, Arjun Kharpal, and Pippa Stevens

See you at 5am ET on CNBC!

Wow VIX sub-12 heading into this! Thanks Worldwide Exchange for having me on.

LISTEN NOW: The market faces its biggest test yet as Nvidia prepares to report results. Synovus Trust's Dan Morgan previews the quarter. Listen and follow the Worldwide Exchange podcast here: link.chtbl.com/worldwide_exch…

'Having so much concentrated not just in the AI theme, but $NVDA as one stock, may be a risk in many investors' portfolios,' says Jeffrey Kleintop to Frank Holland