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CNBC

Organization

A financial news network that reported on Michael Burry's short position, allegedly misstating its value as $900 million instead of the actual $9 million, highlighting media illiteracy in financial markets.


First Mentioned

11/16/2025, 11:32:59 PM

Last Updated

11/16/2025, 11:46:39 PM

Research Retrieved

11/16/2025, 11:34:39 PM

Summary

CNBC, or the Consumer News and Business Channel, is a prominent American business news network owned by NBCUniversal, a subsidiary of Comcast. Headquartered in Englewood Cliffs, New Jersey, with a key studio at the Nasdaq MarketSite in New York City, CNBC provides live business news and analysis during market hours, complemented by business documentaries and reality programming during off-hours. The network also operates a comprehensive financial news website, CNBC.com, offering articles, videos, podcasts, and subscription services. Established in April 1989 as a joint venture between NBC and Cablevision, NBC later gained full ownership by acquiring Cablevision's stake and merging with the Financial News Network after its bankruptcy. Beyond its U.S. operations, CNBC extends its reach through international branches in Europe and Asia and various global affiliates. In 2023, CNBC demonstrated strong viewership, surpassing Fox Business in total day and primetime, though it lagged in trading day viewership. The network has faced criticism, notably from the All-In Podcast, for perceived financial illiteracy in its reporting, specifically concerning Michael Burry's short position against AI and Palantir.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Type

    American business news network

  • Awards

    Peabody Awards

  • Founder

    Tom Rogers

  • Services

    Live business news and analysis, business documentaries, reality programming, financial news website (CNBC.com), articles, videos, podcasts, subscription services (CNBC+, CNBC PRO)

  • Full Name

    Consumer News and Business Channel

  • Headquarters

    Englewood Cliffs, New Jersey, United States

  • Founding Date

    1989-04-17

  • Studio Location

    Nasdaq MarketSite, Times Square, New York City, United States

  • International Operations

    CNBC Europe, CNBC Asia, other international affiliates

  • 2023 Viewership (Trading Day)

    Behind Fox Business

  • 2023 Viewership (Total Day & Primetime)

    Higher than Fox Business

Timeline
  • CNBC was founded as a joint venture between NBC and Cablevision. (Source: Wikidata, Wikipedia)

    1989-04-17

  • NBC acquired the competing Financial News Network (FNN) and merged it into CNBC. NBC also acquired Cablevision's stake, gaining full ownership of CNBC. (Source: Wikipedia)

    1991

  • CNBC had higher total day and primetime viewership than its chief rival, Fox Business, but finished behind Fox Business in trading day viewership. (Source: Wikipedia)

    2023

  • CNBC was criticized by the All-In Podcast for financial illiteracy in its reporting on Michael Burry's short position against AI and Palantir. (Source: Document 6ba2f53a-7fd9-430e-b161-c111d14fcad8)

    Undated

CNBC

Consumer News and Business Channel (CNBC) is an American business news channel owned by the NBCUniversal News Group unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) filled by business-related documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was founded in April 1989 as a joint venture between NBC and Cablevision. Following its 1991 bankruptcy, NBC acquired the competing Financial News Network (FNN) and merged it into CNBC, while also acquiring Cablevision's stake in CNBC to give it full ownership. In addition to its U.S. operations, CNBC operates the international branches CNBC Europe and CNBC Asia, and is involved in other international affiliates via joint ventures and franchise arrangements. In 2023, CNBC had higher total day and primetime viewership than its chief rival, Fox Business, but finished behind Fox in trading day viewership.

Web Search Results
  • CNBC: Stock Market & Business - App Store - Apple

    CNBC brings the world of Wall Street to you with breaking news alerts, watchlists, global market data, CNBC TV & live audio. Access the power of CNBC to get the latest business, tech, finance news & more! - Watch a daily free preview of CNBC’s live TV stream - Powerful interactive charts & quote data - Add up to 100 watchlists, each with up to 100 quotes - Search for companies & add them to your watchlist or view news - Listen to CNBC podcasts & live audio (US only), in the app & in the car [...] the current market & provide insight for trading opportunities - Monthly live, hour-long meetings with Q&A and guest appearances from industry experts to help you invest smarter - Investing playbooks for expanding your investing toolkit & knowledge CNBC+ : Subscribe for expanded features: - Watch the CNBC livestream from Asia and Europe - Access full episodes on-demand (availability subject to programming schedule) - See real-time data as anchors & guests share their opinions & analysis with [...] I’ve used the CNBC iPad app for about a year in the mornings to stay updated on the markets and watch the news while I get ready or go through morning routines. There is rarely a morning where I don’t spend ~5+ minutes resetting the app or re-launching the video. 1) Anytime there is a commercial, the application loses the broadcast and video stops, resulting in permanent loss of playback until the app is exited and re-launched. 2) Picture in picture is even worse, loses playback once about

  • Market veteran Charles Clough on why this time is different - YouTube

    » Subscribe to CNBC TV: » Subscribe to CNBC: » Watch CNBC on the go with CNBC+: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Instagram: Follow CNBC News on Facebook: Follow CNBC on Threads: Follow CNBC News on X: Follow CNBC on WhatsApp: #CNBC #CNBCTV [...] # Market bubble fears: Market veteran Charles Clough on why this time is different ## CNBC Television 3280000 subscribers 952 likes ### Description 103188 views Posted: 11 Nov 2025 Chuck Clough, Clough Capital chairman and CIO, joins 'Squawk Box' to discuss the latest market trends, state of the economy, concerns over a market bubble, comparison to the dot-come bubble, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: [...] 265 comments ### Transcript:

  • CNBC: Stock Markets, Business News, Financials, Earnings

    Form 1st). [...] Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics White House Policy Defense Congress Expanding Opportunity Europe Politics China Politics Asia Politics World Politics Video [...] International Business, World News & Global Stock Market Analysis Skip Navigation Image 1: CNBC logo Markets Pre-Markets U.S. Markets Europe Markets China Markets Asia Markets World Markets Currencies Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Industrials Retail Wealth Sports Life Small Business Investing

  • CNBC (@CNBC) / Posts / X - Twitter

    CNBC (@CNBC) / X Don’t miss what’s happening People on X are the first to know. Log in Sign up []( CNBC 675.4K posts See new posts Image 1 Image 2: Square profile picture and Opens profile photo Follow Click to Follow CNBC CNBC @CNBC First in business worldwide. Englewood Cliffs, NJcnbc.comJoined February 2009 833 Following 5.4M Followers Posts Affiliates Replies Highlights Media CNBC’s posts Image 3: Square profile picture CNBC @CNBC · 9h [...] These are the most oversold stocks in the market that could be primed for a comeback Image 12 These are the most oversold stocks in the market that could be primed for a comeback From cnbc.com 10 9 53 34K Image 13: Square profile picture CNBC @CNBC · 10h Amid market volatility, should retail investors buy the dips or take their profits and run? Image 14 Amid market volatility, should retail investors buy the dips or take their profits and run? From cnbc.com 9 3 5 18K [...] The government shutdown is over. The air traffic controller shortage is not Image 8 The government shutdown is over. The air traffic controller shortage is not From cnbc.com 9 18 58 24K Image 9: Square profile picture CNBC @CNBC · 10h AI anxiety on the rise: Startup founders react to bubble fears Image 10 AI anxiety on the rise: Startup founders react to bubble fears From cnbc.com 9 4 17 20K Image 11: Square profile picture CNBC @CNBC · 10h

  • CNBC On NVIDIA Stock Ahead of NVIDIA Earnings - NVDA Update

    # CNBC On NVIDIA Stock Ahead of NVIDIA Earnings - NVDA Update ## FinVid 17500 subscribers 80 likes ### Description 4109 views Posted: 16 Nov 2025 CNBC On NVIDIA Stock Ahead of NVIDIA Earnings - NVDA Update [...] Timestamps 0:00 CNBC Halftime Report 1:11 CNBC 2:10 Daniel Newman 7:59 Katie Stockton 10:06 CNBC 11:19 Cramer 12:47 FinVid Welcome to FinVid! FinVid posts videos to keep you updated on all things stocks, trading, investing, markets, and finance. Thank you for watching FinVid! [...] Hosts of CNBC discuss NVIDIA and NVIDIA stock (NVDA stock) ahead of NVIDIA earnings. This past week, the WSJ reported that Amazon and Microsoft are in support of the Gain AI Act. NVIDIA has voiced strong opposition to the Gain AI Act. Also on Friday, we learned that Google will invest $40 billion through 2027 in three Texas datacenters, indicating that AI demand continues to be very strong. Looking ahead, we have NVIDIA earnings on November 19. I continue to think that NVIDIA's long-term growth

Location Data

CNBC, Bus Access, Jordan Meadows, Salt Lake City, Salt Lake County, Utah, 84122, United States of America

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Coordinates: 40.7848310, -111.9846215

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