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June 21, 2024
News conference here on cnbc. That starts at 2 00 p. M. With the announcement. 2 30 with the comments and questions theyll be taking from reporters. Ahead of the announcement here is how everything is shaping up this morning with futures. You saw what happened yesterday with the markets. Declines across the board for the major averages. You can see this morning things are barely budging one direction or the other. You can see positive arrows but these are gains of ten points above value for the ...
June 21, 2024
Morning. Its heading east. The pilots will take turns flying day and night. If goes as plan the trip will end in mid june. Four u. S. Stops are planned. Here are the big stories today. Apple holding a major press event in san francisco. The Company Expected to offer details on the watch including a high end model that some say could cost as much as 10,000. Well talk more about apple and the entry into the dow in a few moments. A new survey finding the fed to raise rates in the second half of the...
June 21, 2024
Stanleys adam parker. He will tell us what hes expecting from earnings whether they can spark a selloff in stocks, talk about the words earnings recession have been discussed in conjunction with the First Quarter earnings reports due to come out. And where is howard marks putting his money to work . You will find out in an exclusive interview. Plus Bill Richardson former new mexico governor gives us his reaction to rand paul running for president and what he thinks of the senators plans if he be...
June 21, 2024
That now. He wasnt famous. No one knew him. But this is a great song. I hear it once and i like it already. Ive heard this a thousand times. Where . I dont listen to that. I like it. Anyway well hear more about larrys call on ceos to focus on longterm value in a moment. Also its a moment of news makers on the set. Well be joined by Steve Schwarzman and jack and suzy welch will be stopping by. Lets get you up to speed on the markets. Yesterday the markets did end higher. Dow up by 75 points. Thin...
June 21, 2024
Accor leads the French Market as they see Strong Demand in the First Quarter but cautious on brazil and its domestic market. So welcome to the show. We have been getting news that bloomberg terminals have been hit by a global outage. Its under investigation. Well continue to bring you updates on the situation as soon as we know more. Of course this does of course effect peoples ability to discover prices in most across europe and the u. S. Its a big day for price discovery. Remember what happene...
June 21, 2024
Conditions at 112. 0. That is above februarys reading but in line with expectations. Of course we also have the ifo expectations 103. 9. Lets get straight out to the european economist at Morgan Stanley. Thank you for joining us. This reading at 107. 9 above the expectation of 107. 3. It follows strong pmi data yesterday so the slight beat perhaps expected. Yes, indeed. These numbers, the german ifo today and pmis suggest that momentum in terms of growth of the region as a whole, the euro area i...
June 21, 2024
100. Rescue efforts in nepal are hindered by after shocks following a massive earthquake that killed thousands of people leaving thousands sleeping out in the open. And welcome, everyone, to the show. You are watching worldwide exchange. A lot to talk about this week but first, wilfred, nice to have you back. I know. Weve been on different schedules last couple of week. There was a lot of konkl from the deutsche capital. I love it. It was great coverage. Having been away for a little bit whether...
June 21, 2024
I think that the focus of this weeks imf meetings is very important. Its how do we make sure that theres stronger growth around the world. That would actually lead to currency values changing a bit. Shares rise to the top of the ftse 100 as consumer goods giants benefits from a weaker dollar. But they blame the strong green back for lackluster results while they see sales slow due to greek demand in the u. K. Home market. Were getting some flashes coming out of the ecb. Theyre saying growth will...
June 21, 2024
Nasdaq down by about 20. Lets get to the other story of the morning. Charter communications buying Time Warner Cable for 195 in share in cash and stock. That deal is about 55 billion. They rejected charter last year instead going for the comcast transaction. Todays news comes after months of speculation and after contrast dropped its 45. 2 billion merger agreement over antitrust concerns. That transaction was blocked but time warner looking like theyll get the better deal in all of this. We all ...
June 21, 2024
Economic data. We have the Business Climate index falling to 108. 5 points in the month of may. That is versus a reuters consensus photograph for 108. 3. So slightly higher than expected. Its still a drop for the month of april. Thats when we saw 108. 6. A bit of a move in the euro hitting the days high. Lets look at the other data coming out, thats 103 in the month of may versus a consensus photograph of 103. 1. Thats shy of forecasts but the headline index is better than expected. We did have ...