Power Lunch
Power Lunch
CNBC
CPI Inflation Reaction, Sarat Sethi Weighs In, Record-Breaking Lakers Sale 8/12/26
42 minutes Posted Aug 12, 2026 at 8:00 pm.
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Show notes
Stocks are moving higher on Wednesday on the back of a tame CPI inflation report as tech names like CoreWeave and Super Micro Computer are leading the markets higher.
Kelly Evans and Brian Sullivan are joined on-set by DCLA Managing Partner, Sarat Sethi, for the full hour to lay out his take on the state of the markets.
Meanwhile, today’s Power Insider segment is focusing on Bloom Energy as Evercore’s Nick Amicucci explains why he has an outperform rating on the stock.
Later, CNBC’s Alex Sherman joins the show to report on the headlines that Bob Iger and Josh Kushner are planning to buy the Los Angeles Lakers from Mark Walter for over $12 billion.