The European Central Bank is widely expected to cut rates for the first time since 2019. Citi's Beata Manthey explains. Plus, bullish signals for the freight market, as Saia says it's seeing an uptick in demand. Saia CEO Fritz Holzgrefe discusses. And, according to a new report, nearly three quarters of top black business leaders believe their company has a strong commitment to diversity, equity, and inclusion. Executive Leadership Council's Michael Hyter dives into the data.

Shares of Hewlett Packard Enterprise and CrowdStrike are higher, offering some relief to the slumping software sector. Clockwise Capital's James Cakmak discusses. Plus, Lululemon reports earnings after the close today. LSEG's Jharonne Martis and Bernstein's Aneesha Sherman debate the outlook for the company. And, the dust is anything but settled for GameStop following its massive stock pop on Monday. The New York Times' Kate Kelly explains.

Volatility may be here to stay, as meme stocks and blue chips come off a wild day of trading. Former SEC Commissioner Jay Clayton gives the latest. Plus, one fund betting big on AI-enablers has been outperforming the S&P 500 and Nasdaq over the last year. Putnam Investments' Richard Bodzy dives into his fund's top holdings. And, there's a growing showdown over former president Donald Trump's 2017 tax cuts. Veda Partners' Henrietta Treyz explains.

Nvidia and AMD are rolling out new AI chips, as industry competition heats up. Cleo Capital's Sarah Kunst explains. Plus, OPEC+ has agreed to extend production cuts into next year. Energy Intelligence's Amena Bakr and RBC's Helima Croft discuss. And, is the software sector slump finally coming to an end? Check Point CEO Gil Shwed weighs in.

A New York jury has found former President Donald Trump guilty on all 34 felony charges of falsifying business records. Fordham Global Foresight's Tina Fordham gives the latest. Plus, key to the market action today is the Fed's preferred gauge of inflation: April PCE. Milken Institute's William Lee previews the report. And, it's been a mixed bag of retail earnings this week. Jane Hali & Associates' Jessica Ramirez explains.

Salesforce is set to shave 280 points from the Dow after posting its first revenue miss since 2006. Wedbush's Dan Ives explains. Plus, the second read on Q1 GDP could be a major market driver today. Former Fed Vice Chair Roger Ferguson discusses. And, sources tell CNBC that Nelson Peltz has sold his entire stake in Disney. Albion Financial's Jason Ware dives into what's next.

Salesforce reports earnings after the close today, with profit expected to grow more than 40%. Powers Advisory Group's Matt Powers tees up the results. Plus, among the factors fortifying Nvidia's impenetrable moat will likely be the auto sector. Former Ford CEO Mark Fields explains. And, the Nasdaq is coming off a fresh record close as the tech trade continues to dominate. Bleakley Financial Group's Peter Boockvar and Hightower Advisors' Stephanie Link discuss.

Nvidia is just behind Apple and Microsoft in terms of market cap following last week's 15% surge. I/O Fund's Beth Kinding weighs in. Plus, it's a busy week of housing data, as that market continues to struggle with higher rates and lower inventory. Brown Harris Stevens CEO Bess Freedman discusses. And, if the AI impact roadmap starts with Big Tech, retail and the consumer are not too far behind. Storch Advisors CEO Gerald Storch explains.