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July 4, 2024
Downright unnerving. Were now looking at the other side of what the feds been doing to stamp out inflation, and its a big reason why the dow lost 199 points. The s p shed and the nasdaq 1. 06 . Were going have to learn with not a collapse in commerce, but definitely a slowdown. Along with the decline in profitability that always comes at this particular point in the business cycle. Each day we see more of these cracks. Extremely disappointing numbers from southwest airlines, luv. But there was n...
July 4, 2024
And company. Shares of Donald Trumps social media falling yesterday. The staggering stat on how much of value the former president lost in the wipeout. Our look at the best ideas for q2 and beyond. The magnificent seven member our next guest says will keep delivering returns to shareholders. Its tuesday, april 2nd, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us. Lets get you ready for the trading day ahead. ...
July 3, 2024
Security adviserjake sullivan. Blinken told the Un Security Council on tuesday he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to solve disagreements other issues, including trade. Only this week, Tech Giant Nvidia said the Us Government has told it to stop shipping some of its advanced Artificial Intelligence chips to china immediately. The restrictions werent supposed to come into forc...
July 3, 2024
And is expected to meet National Security adviserjake sullivan. Blinken told the Un Security Council on tuesday that he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements on other issues, including trade. Earlier this week, beijing restricted the exports of graphite, of which it produces 90 of the worlds supply. Graphite is a Critical Metal used in many products includ...
July 3, 2024
Good earnings and then the ugly being the obvious. Whats going on with mega caps alphabet down, meta down, microsoft now down, apple as sara was talking about, now below 170. How do you size it up here yeah its weird its a day you have a bizarre strength in small caps doesnt really appear to be appro po of many in particular youre probably going to get favorable pce data on the inflation front, but i think the big takeaway we talked about this on tuesday, judge the first thing is that its probab...
July 3, 2024
There watching day vacation live from new york, sydney and hong kong. Counting down to asias major market opens. Australia has just come online, asian equities set for him next open. Amazon and intel jumping read chinas foreign minister is set to meet with President Biden after talks with Antony Blinken in washington and ftx founder Sam Bankmanfried struggles as he testifies at his federal trial. Annabelle im going to wait a few minutes until that becomes online because it seemed like a sentimen...
July 3, 2024
Crown prince discussed ways from prevent the war from escalating as the you and a best of demands secretarygeneral resign for saying the october 7 attack did not happen in a vacuum. Microsoft jumping in late u. S. Trading after the cloud unit is worth picks up steam. Rival alphabet sinking as they are offering lags. Bank earnings continued rollout. Deutsche bank meeting estimates where they spent finish pumping santander some better than expected thirdquarter net income. We will speak exclusivel...
July 3, 2024
Cloud computing and its Pc Businesses are growing, and the companys early move into ai is reaping rewards. Revenues at microsoft were up 13 to 56. 5 billion in the quarterly period to the end of september. Contrast this with alphabet the owner of google it also enjoyed a big hike in revenue, up 11 to 76. 7 billion, but its shares slipped by 5 in after hours trade as investors were unimpressed with the progress of google cloud. Lets unpack this with russ frushtick, co founder of polygon. Russ is ...
July 3, 2024
Dor skuler joins in just a bit. Im Katie Greifeld in new york. Looking at markets, it is quiet. The s p 500, we can call that unchanged but the direction is lower. More so if you look at big tech. All eyes on nvidia tomorrow which we will get to do in a moment. Looking at the big benchmark, currently lower by. 2 and even more so if you look at the Philadelphia Semiconductor index, currently down by 1. 3 . That is because nvidia shares are a dropping after the Financial Times reported that Amazon...
July 3, 2024
Breaking overnight, the iranian president and foreign minister of iran killed in a Helicopter Crash. Lets get to correspondent Richard Engel with more. Reporter we just got word a few hours ago that the helicopter carrying the president of iran, raisi and the foreign minister and others crashed. There was a search and rescue operation where they did not find any survivors in the crash debris. This delegation of three helicopters and one went down carrying the president after he left the border a...