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Power Lunch

By CNBC
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Next episode · Fri, Oct 16, 7:58 PM
00days 00hrs 28min 19sec

At the table this season

NEW Season 1 Oct 15, 2026 · 43 min

Reaction to PPI Data, TeraWulf CEO Interview, Global Energy Markets 10/15/26

Stocks are clawing back their earlier losses as investors shake off concerns about tech companies potentially overspending on AI. Brian Sullivan and Kelly Evans are joined on set by Interactive Brokers’ Steve Sosnick and Fundstrat’s Mark Newton to hear their takes on the state of the markets and whether investors should be buying into the mega-cap tech dip. Paul Prager, TeraWulf CEO, also joined the program in-person to defend his company amid a recent double-digit pullback in share prices as investors rotate out of AI tech stocks in favor of more defensive sectors. The anchors also speak with Rapidan Energy Group Founder & President, Bob McNally, to recap the latest headlines from the Middle East as Iranian forces escalate their attacks on oil tankers and what impact it might have on the global energy market.

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