CNBC Live Stream with Stock Traders Chat

Question and Answers about RockinRooster’s CNBC Live Stream (FAQ)

What is the Rooster’s chat and how do I use it?

To launch our news chatroom click this link. It will open in a separate window. Rooster’s live chat started back in 2008 on Justin.tv. When JTV was sold to Amazon and became Twitch.tv, Rooster then moved to his own streaming and chat platform. Now we use SLACK CHAT, and you can register and launch the Chat Room Here. We are a progressive chatroom with liberal minds and political junkies.

How do I watch live news while chatting?

Firstly you will need to open two browser windows, one with the Slack chat, and the second one for the stream. Additionally you can also use the PIP ‘picture in picture’ pop-out stream launched at the right bottom of the live news video player.

What is the CNBC Europe Schedule?

Time (CET) Weekdays	Program
00:00	Asia Squawk Box
03:00	Street Signs
06:00	Capital Connection
07:00	Squawk Box Europe
10:00	Street Signs
11:00	Worldwide Exchange
12:00	US Squawk Box
15:00	Squawk On The Street
17:00	TechCheck
18:00	Halftime Report
19:00	The Exchange
20:00	Power Lunch
21:00	US Closing Bell
23:00	The CNBC Conversation
23:30	The Tonight Show Starring Jimmy Fallon

History of CNBC Live News

The Consumer News and Business Channel better known as CNBC has become a staple for many when it comes to business news and analysis. The American pay television business news channel is currently owned by the NBCUniversal News Group.

The channel falls under the umbrella of NBCUniversal, and both organisations are owned, even though indirectly by Comcast. The network focuses on business day coverage of U.S. and international financial markets during the day. On the non-trading days, the network switches its focus to financial and business-themed documentaries. Towards the night they often carry reality shows. The network is based in New Jersey and their headquarters are in Englewood Cliffs.

The now well-known business network got its start through a joint venture which began on April 17, 1989. The two companies that came together at that time were NBC and Cablevision. The venture would not take long to show that it would have longevity as just two years after its creation the owners were able to acquire its main competitor, the Financial News Network.

This bold move would enable an expansion not just in distribution but in its workforce as well. Eventually, Cablevision sold its stake to NBC which gave NBC sole ownership. The network has steadily grown in popularity and as of February 2015, CNBC is available to approximately 93,623,000 pay television households. For perspective, that’s about 80.4% of households with a television in the United States.

In 2007, CNBC was valued at $4 billion and came in as the 19th-most valuable cable channel in the United States. The network has also become trusted for business news and now has many  localized versions of CNBC. These versions are operated in various regions around the world. NBCUniversal has either maintained ownership or is a minority stakeholder, in many of these versions.

The Beginning

Many might not be aware but when CNBC started operations in 1979, they showed an eclectic and low-budget mix of old movies, instructional and entertainment programs. They were known then as the Satellite Program Network (SPN). They eventually changed the name of the company to Tempo Television. 

NBC became interested in acquiring the network and signed a letter of intent to acquire Tempo. That did not pan out and NBC instead decided on a deal to lease the channel’s transponder in June 1988. With the direction of Tom Rogers, the channel was relaunched on April 17, 1989, where it was rebranded the Consumer News and Business Channel. At this point, the two companies, NBC and Cablevision, operated CNBC as a 50-50 joint venture with the headquarters being Fort Lee, New Jersey.

How CNBC carved a space in Business News

At the time of their launch, there was a more established voice in the business news sector called the Financial News Network. Their dominance in the field would pose a considerable obstacle to the newly formed CNBC. That would be shown clearly by the end of 1990 when CNBC’s reach was just about 17 million homes in the US. This was less than half of the viewership of FNN.

CNBC also found itself in a very competitive space considering that there were several independent TV stations with their own financial programming. The format for these shows had been established since the late 1960s. Some examples of these already well-established shows included programmes in WCIU Chicago and KWHY Los Angeles. Gene Inger, a Registered Investment Advisor, was also responsible for financial programming in several cities like San Francisco and Miami.

What would help propel CNBC’s expansion would be FNN’s financial troubles.  Following a protracted bidding war with a Dow Jones-Westinghouse Broadcasting company, CNBC acquired FNN for $154.3 million on May 21, 1991, just two years after they began operations. CNBC wasted no time in joining the two workforces and hired around 60 of FNN’s 300-strong workforce. Through that merger, they were then able to increase distribution to over 40 million homes.

Cablevision then sold its 50% stake to NBC when the deal was completed. A decision was made to drop the full name “Consumer News and Business Channel”  and the new network’s daytime business programming was called “CNBC/FNN Daytime.” This was then stopped in 1992.

CNBC’s Rise

In 1993 Roger Ailes was hired as the president of CNBC with the difficult task of increasing the profitability of the network in an already competitive space. The faith placed in him by NBC CEO Bob Wright was well rewarded as Alies was able to double the value of the network. He accomplished this between 1993 and1995. He was also able to successfully launch the  1994 spin-off channel from CNBC, called “America’s Talking.”

Continued Growth

CNBC continued their push into the sector and continued to see steady growth. In 1995 and 1996 they were able to launch  Asian and European versions of the channel. In 1997, CNBC formed a strategic alliance with Dow Jones. This alliance meant they would share the news with Dow Jones Newswires as well as The Wall Street Journal. Around this time they rebranded the channel as “a service of NBC Universal and Dow Jones”.

As they continued to grow, the network merged into a 50-50 joint venture with their Dow Jones-owned rivals, London-based EBN (European Business News) and Singapore-based ABN (Asia Business News) in 1998. Their ratings continued to grow steadily up until the new millennium’s dot-com bubble burst in 2000.

In 2005 NBC Universal reacquired full control of CNBC Europe and CNBC Asia from Dow Jones  and agreed to a licensing agreement between Dow and CNBC U.S. The network continues to be one of the most respected for business news and analysis.

Current Shows & Hosts

The network has become one of the go-to for business news and this is also based on the shows that they produce. These programs are usually run throughout the business day. They are also well-known for their live programming on weekdays between 5:00 a.m. until 8:00 p.m. 

Most of the programs focus on U.S. businesses, updates of stock market indices and commodities prices, interviews with CEOs and business leaders.

Some of the more popular shows on the network are:

Worldwide Exchange: Brian Sullivan

This television business news program shows on various CNBC channels around the world. Up until May 11, 2012, it was broadcast live from studios across three continents. The programme is anchored by Brian Sullivan and is produced at CNBC Global Headquarters in Englewood Cliffs, New Jersey. It has high rankings and was once called “the first-ever global business news broadcast.”

Squawk Box: Joe Kernen, Rebecca Quick, and Andrew Ross Sorkin

The Squawk Box is aired from 6 to 9 a.m. Eastern time on CNBC. The program is co-hosted by Joe Kernen, Becky Quick, and Andrew Ross Sorkin. The idea for the name of the show comes from a term used in investment banks and stock brokerages for a permanent voice circuit or intercom used to communicate stock deals or sales priorities. The name serves two purposes as it also represents the squawk of a peacock,  the logo of CNBC.

Squawk on the Street: Carl Quintanilla, David Faber, Jim Cramer, and Morgan Brennan

This business show usually follows the first 90 minutes of trading on Wall Street in the United States. The show was once just one hour long but has since been extended. The first extension was to two hours and that happened on July 19, 2007.

Eventually, Squawk on the Street replaced the Morning Call and became a three-hour program. It aired from 9 am to noon ET. The show was once again scaled back to two hours on May 19, 2014, when a new program, Squawk Alley, debuted. The show now airs between 9 am to 11 am.

Fast Money Halftime Report: Scott Wapner

Fast Money Halftime Report is a fast-paced stock trading talk show that got its start on the CNBC cable/satellite TV channel on June 21, 2006. The show first started airing every weeknight at 5 pm ET just one hour after the close of trading on the New York Stock Exchange. That changed in mid-2011 when it was scaled down to just four nights per week from Monday through Thursday.

This was done to introduce currency trading shows on Friday evenings on the network. The show eventually made a comeback to Friday nights with a half-hour segment. Fast Money Halftime Report comes from the NASDAQ MarketSite in New York City. The team covers various topics of interest like options trading, commodities, and exchange-traded funds. Pete Najarian, Guy Adami, Karen Finerman, Tim Seymour, and Joe Terranova all form part of the team.

Power Lunch: Melissa Lee, Tyler Mathisen, and Kelly Evans

Power Lunch is a very popular choice among those who want the analysis of the current business climate and is shown between 2 p.m. and 3 p.m. The show is hosted by Tyler Mathisen, Melissa Lee, and Kelly Evans.

In the beginning, Power Lunch aired for two hours between noon to 2 pm ET until June 7, 2010. After that, it moved to 1 pm ET and the show was cut to just one hour. This was to facilitate The Strategy Session at noon ET and the Fast Money Halftime Report at 12:30 ET. It eventually was extended once again to two hours on February 9, 2015, between 1-3 p.m. ET. When that happened the show replaced Street Signs and the hosts from that show, Sullivan and Amanda Drury, joined the program the same day.

Closing Bell: Sara Eisen and Wilfred Frost

Closing Bell usually refers to two shows on the network. The first is the original Closing Bell on CNBC which began airing on February 4, 2002. The other show is the European Closing Bell on CNBC Europe but that program was cancelled on December 18, 2015.

The show is aptly named after the bell that is rung to signify the end of a trading session on the New York Stock Exchange. That usually happens at 4:00 pm EST. To this day the New York Stock Exchange still uses this system and often invites special guests to ring the bell.

The CNBC shows chose the name intentionally as they cover the period up to the end of trading and review the trading of the day after the market has closed. The show airs between 3-5 pm.

Mad Money: Jim Cramer

This American finance television program is hosted by Jim Cramer and first came on board on CNBC on March 14, 2005. The show focuses heavily on investment and speculation with a special emphasis on public company stocks.

When asked what the show was about Cramer said “mad money” is money which a person “can use to invest in stocks … not retirement money, which you want in 401K or an Individual retirement account, a savings account, bonds, or the most conservative of dividend-paying stocks.” The show has multiple segments created by Cramer. 

The News with Shepard Smith: Shepard Smith

Another popular option on CNBC is The News with Shepard Smith. This American news television program which premiered on September 30, 2020, features a more general interest news show and airs at 7 PM ET. The show is the first to be hosted by Smith since he left Fox News in 2019.

According to Smith’s description of the show: “We’re going to have journalists, reporters, sound and video. We’re going to have newsmakers and experts … but no pundits.”

Criticism

Probably the toughest criticism that CNBC has faced is for allegedly amplifying bull and bear markets. This was amplified during the run-up to the Dot-com bubble and the subprime crisis. In response, the CNBC anchors have stated that the market was simply too big to predict and that influencing it was “a little out of our reach.”

Another fierce critic of the organisation was Jon Stewart when he was the host of Comedy Central’s The Daily Show. He first went after the network after comments were made by Rick Santelli. The network never officially responded but many of the hosts of the various shows continue to defend their predictions and comments.

Obama Administration criticism 

Another of the criticisms levelled against CNBC comes from the Obama administration who accused them of “cable chatter” which means an excessive discussion on a particular topic, often one-sided in a negative way.

Jim Cramer’s Stock Picks

Jim Cramer has also faced his fair share of criticism as the stock picks from his CNBC show Mad Money were found by Barron’s magazine in 2007 to have underperformed the S&P 500 stock index over the previous two years. According to the publication, “his picks haven’t beaten the market. Over the past two years, viewers holding Cramer’s stocks would be up 12% while the Dow rose 22% and the S&P 500 16%.” CNBC disputed the magazine’s findings.”