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The Exchange

CNBC
Federal Reserve
NVIDIA
Openai
Artificial Intelligence
Apple
Bitcoin
Tariffs
Housing Market
Interest Rates
Inflation
China
Labor Market
Oil
Oil Prices
Iran
Tesla
Consumer Spending
Government Shutdown
S&P 500
Meta

"The Exchange" on CNBC is a one-stop shop for the day's top business stories, along with breaking news and the must-see market movers heading into the back half of the trading day. This newsroom-based program also features lots of original reporting, in-depth conversations and showcases CNBC's award-winning investigative work.

PublishesDailyEpisodes1738Founded14 years ago
Number of ListenersCategories
InvestingNewsBusiness

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Latest Episodes

Piper Sandler’s Michael Kantrowitz sees a two-handle for CPI inflation by year-end, which will put the Fed hawks on pause. Will M&A drive the next leg of the bull market? Plus, a record-setting NYC real estate agent on what’s next for luxury properti... more

Comcast touching off merger speculation after announcing it will separate NBCUniversal and Sky, its European media arm, from its broadband business. A new report warning the AI spending spree risks ending in a damaging, lengthy investment bust. Plus,... more

Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kelly Evans and Brian Sullivan are live for a special 2-hour broadcast from the Cboe’s iconic trading floor in Chicago with Chicago Fed President Austan Goolsbee, Ariel's John Rogers, Cboe CEO Craig Donohue, Northern Trust CEO Mike O'Grady, Harris Oa... more

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Recent Guests

Bill Nygren
Partner and co-CIO at Harris Oakmark Funds
Harris Oakmark Funds
Episode: CNBC @ Cboe: Live from Chicago 6/25/26
Craig Donohue
CEO of Cboe
Cboe Global Markets
Episode: CNBC @ Cboe: Live from Chicago 6/25/26
Austan Goolsbee
President of the Chicago Fed
Federal Reserve Bank of Chicago
Episode: CNBC @ Cboe: Live from Chicago 6/25/26
Michael O'Grady
Chairman and CEO of Northern Trust
Northern Trust
Episode: CNBC @ Cboe: Live from Chicago 6/25/26
Amit Dharianani
Senior Managing Director
Evercore
Episode: Memory’s Micron Moment, Congressional Clash, and Just a June Swoon? 6/24/26
Ryan Dietrich
Chief Market Strategist
Carson Group
Episode: Memory’s Micron Moment, Congressional Clash, and Just a June Swoon? 6/24/26
Kaz Najatian
Open Door CEO
Open Door
Episode: Apple Price Hike, Oil Prices Fall on Iran Agreement, and a SpaceX Bear 6/18/26
Keith Snyder
Senior Research Analyst
CFRA
Episode: Apple Price Hike, Oil Prices Fall on Iran Agreement, and a SpaceX Bear 6/18/26
Steve Case
AOL co-founder and Revolution Chairman and CEO
AOL; Revolution
Episode: Special Coverage: Kevin Warsh’s First Rate Decision as Fed Chairman 6/17/26

Host

Kelly Evans
Host focused on delivering market context with deep dives into macro and equities.

Reviews

4.1 out of 5 stars from 487 ratings
  • Kelly as Host—absolutely the optimal choice.👌

    She commands the format, elevates the discussion, and makes the show/podcast an addiction for those interested in markets. She radiates ambition in doing this while being a super busy parent.

    Apple Podcasts
    5
    Mrbuttons704
    United States7 months ago
  • 好用

    练习听力必备app!

    Apple Podcasts
    5
    Chen Aden
    China10 months ago
  • Chose the interview partners more wisely

    I honestly like CNBC, but bringing Lutnick on air and not challenging his answers, which obviously cringe anybody with a mediocre intellect earned you a one star rating.

    Apple Podcasts
    1
    nickhjj
    South Koreaa year ago
  • Love KE AX SL

    I love Kelly . She is level headed . Steve L is annoying . The reason the tariff calculation has never been used is because the US is the only country being REEMED and so it’s never had to be applied . The tariffs are justified and I believe they are great and we can stop being abused by other countries . He never talks about the imbalance he just casts shadows bc he is biased and tries to hide it . Kelly asks logical questions and makes useful points. Steve L should just zip it .

    Apple Podcasts
    4
    RieVa123
    United Statesa year ago
  • Leave the liberal bias at the door

    Kelly needs to cool her liberal bias. It’s very off putting and often inspires me to turn off the show

    Apple Podcasts
    2
    PAC NW Mike
    United Statesa year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Listeners value the clear market framing and broad guest diversity but some feel interruptions can detract from insightful answers.
Audience appreciates deep dives into AI, semis, and macro policy, with real-time market color and actionable context.
The host is praised for composure and logical questioning, though a subset criticizes guest selection or perceived bias.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

Apple Price Hike, Oil Prices Fall on Iran Agreement, and a SpaceX Bear 6/18/26
Q: What is the latest on Apple reportedly raising prices and which products might be affected?
Tim Cook signaled higher prices are possible due to supply-chain costs, with expectations that margins will be defended by shifting more of the increases to higher-end models like the Pro line, while entry-level devices may be kept relatively affordable.
CNBC @ Cboe: Live from Chicago 6/25/26
Q: Where does Nygren see value given current market dynamics and AI-driven narratives?
Nygren explains that cheap, cash-generative companies with strong balance sheets and meaningful buyback activity can outperform, even if AI leadership remains volatile.
CNBC @ Cboe: Live from Chicago 6/25/26
Q: Where does Cboe see the future of prediction markets and KPI-based contracts?
Donohue outlines upcoming KPI-based event contracts and the plus contract as innovations, signaling a move toward more sophisticated, data-driven instruments and SEC filing plans.
CNBC @ Cboe: Live from Chicago 6/25/26
Q: What's it like being on the trading floor for CNBC's special from Chicago?
The guest emphasizes the unique energy and the critical role of the floor in price discovery and liquidity, noting the blend of big institutional activity and live market color.
The Exchange 6/4/26
Q: What is your read on today's trading activity and price action?
It appears to be a reversal and rotation away from the AI-heavy leadership, with some consolidation and opportunities across non-mega-cap names, particularly in software and AI-related cycles.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About The Exchange

What is The Exchange about and what kind of topics does it cover?

A fast-paced financial news show focused on macro markets, tech and AI narratives, and cross-asset analysis. Episodes routinely blend live market updates with interviews from investors, analysts, and industry leaders to unpack how inflation, rate policy, and geopolitical developments influence equities, fixed income, and commodities. AI, semiconductors, and tech platform dynamics anchor many discussions, often paired with practical sector takes on energy, housing, and macro policy. A standout is the routine sequencing of high-profile tech executives, policy makers, and market strategists alongside real-time market moves, providing listeners with context for timing trades, evaluating risk, and spotting thematic opportunities across the inves... more

Where can I find podcast stats for The Exchange?

Rephonic provides a wide range of podcast stats for The Exchange. We scanned the web and collated all of the information that we could find in our comprehensive podcast database. See how many people listen to The Exchange and access YouTube viewership numbers, download stats, audience demographics, chart rankings, ratings, reviews and more.

How many listeners does The Exchange get?

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What are the audience demographics for The Exchange?

Rephonic provides comprehensive predictive audience data for The Exchange, including gender skew, age, country, political leaning, income, professions, education level, and interests. You can access these listener demographics by upgrading your account.

How many subscribers and views does The Exchange have?

To see how many followers or subscribers The Exchange has on Spotify and other platforms such as Castbox and Podcast Addict, simply upgrade your account. You'll also find viewership figures for their YouTube channel if they have one.

Which podcasts are similar to The Exchange?

These podcasts share a similar audience with The Exchange:

1. Power Lunch
2. CNBC's "Fast Money"
3. Closing Bell
4. Morning Call
5. Halftime Report

How many episodes of The Exchange are there?

The Exchange launched 14 years ago and published 1738 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact The Exchange?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

Where can I see ratings and reviews for The Exchange?

Rephonic pulls ratings and reviews for The Exchange from multiple sources, including Spotify, Apple Podcasts, Castbox, and Podcast Addict.

View all the reviews in one place instead of visiting each platform individually and use this information to decide if a show is worth pitching or not.

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What guests have appeared on The Exchange?

Recent guests on The Exchange include:

1. Bill Nygren
2. Craig Donohue
3. Austan Goolsbee
4. Michael O'Grady
5. Amit Dharianani
6. Ryan Dietrich
7. Kaz Najatian
8. Keith Snyder

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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