CNBC Business News Update - Market Midday: Stocks Mixed, Boeing With Strong January Plane Deliveries, Kalshi Prediction Market Explainer 2/10/26

Episode Date: February 10, 2026

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Jessica Ettinger. CNVC Wall Street is mixed this afternoon. The Dow is up 273 points. That's about a half a percent. Disney shares leading it higher. They're up more than 3%. The S&P 500 index is in the green by four points. The NASDAQ is down 18 points this afternoon. Invidia shares are down about 4 tenths of 1%. Boeing says it delivered 46 jets. in January. That was the third highest for that month in the company's history, which included 38 of its best-selling 737 Max, Jets, and 5-787 Dreamliners. Retail sales for December. Disappointing. What happened to Christmas? Retail sales, these are December numbers. Headline, expected up four-tenths comes in light. Zero goose egg unchanged to find a lower number. You're going all the way back May of last year. So not good news on retail sales. CNBC's Rick Santelli. The New York Fed household debt and credit report will be out later this morning. Another read on Americans in their financial situations. Coca-Cola shares were lower on a modest

growth forecast as investors worry about slower demand for those products. CalShe is the prediction market and betting platform and it set a record of more than a billion dollars in wagers on Super Bowl Sunday. Many of the bets were unique. Kalshi's CEO, Terrick Monsoris, took some questions from CNBC's Andrew Ross Sorkin and Becky Quig. It's such a weird thing to have bets on what Bad Bunny's first song would be. I mean, if you're looking at sports gambling, sports players are not allowed to ever gamble

or be involved in these markets because they control the outcome. It's bizarre to me to be able to bet on these things and have someone who completely controls the outcome. you don't know if they're betting or if their friends and family are betting on it. Well, the insider trading risk is very real for a stock market as well and has been real since the stock market has begun. But I feel like we control that and we can trace it. The SEC can very quickly find out who profits, buy how much, and they shut that down. Do you do the same thing on Kalshi?

We do the exact same thing on Kalshi. One of Kalshi's bigger bets this past Sunday was on what Bad Bunny song would be first in the Super Bowl halftime show. Let's say you're a dancer for Bad Bunny. You knew what the situation is and then you made a bet. It sounds like that would be considered insider trading, right? So what is information and what is insider information, right? If you go park in front of a Walmart and count the number of people going in and out to estimate their sales, that's information. That's not insider information, right?

If you're an executive at Walmart and have the numbers beforehand and you trade on that, that is insider information, material non-public information. same exact rules apply to a regular exchange like Kalshi. Right? So if you did research and you were running around the stadium to try to get information about what song was going to get played, that's information. It's fair fair game to trade. Turns out the gamblers are taking the risk. What if it's his manager who knows the lineup and tells his girlfriend who tells her hair salon?

You can't go after his manager for sharing public information that's not, you know, not something that needs to be regulated. You guys are the ones that are making bets. That seems like there's an advantage to people who have this information, that there's no way you could go after them. That's part of what the risk in the market is basically people are buying into. CNBC and Calci have a commercial relationship. I'm Jessica Eddinger, CNBC. Ambition. It's got America written all over it.

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