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CNBC Fast July 3, 2024

Meme madness goes beyond the gamestops of the world. And the ceo of a Bio Tech Company disrupting the health care space. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, dan nathan, guy adami, and katie stockton. And we start off with a market that may have gotten a little too complacent in the face of rising uncertainty. The nasdaq closing at a record for the first time in over a month today. Volatility across a variety of Asset Classes somewhat s...
Bio Tech Bio Tech Company Tech Company Company Disrupting Health Care First Time

BLOOMBERG Bloomberg July 3, 2024

Im katy grindfield in new york, welcome to bloomberg markets. Markets blowing past what we learned about ppi in april. Take a look at big tech. Im going to go ahead and call that unchanged wobbling around we havent seen that big leadership from big tech that weve gotten used to over the past few weeks. Its been a different story. And meanwhile, small caps at the russell 2000 right now, really lead the way. Currently up by more than 1 . 1. 2 at the moment. Well see how long that lasts. But for th...
Big Tech Small Caps Home Improvement Home Depot Market Home Jeremy Bryan

KGO ABC7 July 3, 2024

Safety. And within the past few hours, protesters gathered at the Federal Building in San Francisco. They are supporting the palestinians affected by israeli airstrikes following last weekends hamas attacks. Many of the demonstrators call themselves anti zionist jews. They believe it is time for a cease fire to allow humanitarian aid into gaza. And there were other rallies held earlier today on both sides of the conflict. Abc seven News Reporter Tara Campbell was on the ground at some of them an...
Federal Building News Reporter Tara Campbell San Francisco San Francisco City San Francisco City Hall

KGO ABC7 July 3, 2024

His story hit a nerve around the world. The palo alto teen rejected by 16 colleges, but was hired by google. How did he do it . On tuesday, we first introduced you to 18 year old stanley xiong, a Gunn High School graduate who had a 4. 42 gpa near perfect sat score and built his own ea document signing startup this past spring. As College Admissions decisions came down, it was rejection after rejection. Some of them were certainly expected. And, you know, stanford, mit, you know, its it is what i...
Palo Alto Year Old Gunn High School High School High School Graduate School Graduate

CNBC Squawk July 3, 2024

Buying yields in oil are lower roadmap begins with disney better than expected with streaming numbers nearly breaking even. Shares, as you just heard, under pressure. Plus elon musk reups his ai warnings saying it will over time biological intelligence speaking of ai, ill be joined by the man sam altman calls his secret weapon at open ai as well as former treasury secretary steve mnuchin. That will be over the next couple hours carl all right lets begin with disney, guys. Lower in the premarket ...
Oil Lower Elon Musk Sam Altman Office Sales Jim Julia Revenue Per

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CNBC Squawk July 3, 2024

Revenue. More labor strikes to come. Thousands of hospitality workers in vegas planning to picket this week after another round of failed negotiations with the casinos. Lets begin with the markets trying to build on yesterdays rally, jim. Were you surprised at all by what stocks and oil did . Yes. Actually i started my show last night by saying a little counterintuitive you could have both at the same time. If you take a look at the same time, obviously, vice chair jefferson speaks and boom, 1 3...
Stocks Oil Vice Chair Oil Stocks Logan Jefferson Impact Higher Winning People

BLOOMBERG Bloomberg July 3, 2024

What is the distance between an inflationary narrative and something similar to goldilocks . That will be the key question. What is the difference in terms of how big the change has to be in the number for people to either be talking about gloom and doom or everything is perfect . Annmarie he said stagflation risk off. If it is north or at 225, goldilocks back on. Jonathan he does not detain stagflation. Looking at apple. Up i almost 6 . Sales declined less than fearful. Lets talk about the fina...
Big Change Top Five Money Company Company Much Market Capital Jp Morgan

CNBC Mad July 3, 2024

Nonfarm labor report. Were so obsessed with what the big picture data might mean to the fed that it even controls the action during the single most important week of the earnings calendar. Fortunately today it went our way with the dow gaining 322 points, s p climbing. 91 and nasdaq jumping 1. 51 but i think thats because we can breathe a sigh of relief the fed meeting is behind us why do we have to hope tomorrow will bring a weak employment number with fewer jobs added, more modest wage growth ...
Big Picture Wage Growth Pretty Ugly Jay Powell Stock Market Consumer Price

BBCNEWS World July 3, 2024

Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that...
Beijing Autoshow Business News Central Bank Big Day Tadhg Enright North America

BLOOMBERG Bloomberg July 3, 2024

Day ago, down 0. 4 . Two year yield still firmly above the 5 level on the week. You have a two basis point move lower on the day. However, again, we have the big meeting just two hours from now. 10 year yield has been above 4. 60 all week and now today even with a two basis point move lower, 4. 65. Banks soaring after posting better than execute results and exec it is outlining a goal of being better in 2025 following expected losses this year. It is surging now more than 31 . On the other hand,...
First Time First Time Since Third Straight Year Revenue Revenue Growth Core Services

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