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June 26, 2024
Pitch as its expected to field acquisition offers this week. And unexpected fireworks from the Vice President ial debate last night. Well look at the highlights and the impact on the campaign. Amazon hitting another alltime high yesterday. Announcing prime reading, which unlocks thousands of kindle books for free. What that means for the industry. But first up, twitter shares rising in the premarket amid some increasing talk about a possible sale of the company. Comes more than a week after davi...
June 26, 2024
Some deals are more equal than others, and some never even get done because of factors beyond the control of the dealmakers. These aborted takeovers can make the entire market go up or down because they remind you just how fragile stocks can be like in todays muted session where the dow only finished down 13 points, s p inched up 0. 5 , and nasdaq declined 0. 17 after a very rocky morning. Knowing how to identify a good makes us better investors because it means well be ready to buy stocks on th...
June 26, 2024
Others, and some never even get done because of factors beyond the control of the dealmakers. These aborted takeovers can make the entire market go up or down because they remind you just how fragile stocks can be like in todays muted session where the dow only finished down 13 points, s p inched up 0. 5 , and nasdaq declined 0. 17 after a very rocky morning. Knowing how to identify a good deal or what can kill a deal makes us better investors because it means well be ready to buy stocks on the ...
June 26, 2024
You can see kind of a mixed bag. Didnt give me italy or spain, normally i get italy or spain when im on the desk here. Theres germany, france and the ftse of course which is the only one in the green. Tenyear note yield, there it is. 1. 738 is where we stand. Crude of course had the nice move and helped some of those oil related Energy Related companies of late. Lets call it down a little bit as you see but still above 50. Our road map this morning starts with microsoft shares. They are set to h...
June 26, 2024
Thats precisely where i want to start my game plan for next week, with a potential deal, namely at t buying time warner, something that david faber said could happen as soon as monday morning. Judging by the huge leap in time warner stock, its entirely possible this monumental possibly 80 billion deal could be announced 48 hours from now. That might be followed by another expected deal, qualcomm potentially buying nxp for 110. If these deals occur it will be a wild monday that might distract us ...
June 26, 2024
Welcome in, everybody, to power lunch. Im tyler mathisen. Glad you could join us. Three hours left in the trading session and stocks showing animal spirits. They are in the green. As you see, the dow industrials up about a third of a percent or 65 points. Ditto the s p 500, a third of a percent of 2148, thats a sevenpoint gain and the nasdaq leading the way up. 75 . Big winners, boeing, 3m and microsoft, microsoft trading at an all time nominal high. Im michelle carusocabrera. Here is what else ...
June 26, 2024
Thats the highest since june. Road map begins with twitter shares in the green after the Company Plans to cut 9 of its Global Workforce, better than expected results in the Third Quarter. Plus, qualcomms buying nxp, its the Largest Semiconductor deal in history. Steve mollenkopf will join us late ner a cnbc exclusive. And tesla shares moving higher after reporting a surprise profit setting a new record for quarterly revenue. But first up, twitter announcing plans to cut 9 of Global Workforce as ...
June 26, 2024
Record quarter. Well hear about alphabet. The Parent Company of google. Well tell you why they changed their name. Selfdriving cars and new phone to compete with apple. A lot of competition between these go companies. The numbers you need to know out any moment now. Melissa back to the markets, the dow ending the day down 26 points driven lower by shares of boeing and caterpillar. Ashley webster standing by at the new york stock exchange. Ashley, everybody waiting for the big event. Two of bigge...
June 26, 2024
Blue argent to lower the cost of safety. Nd increase he purchased the Washington Post. I met with him earlier today at the Economic Club in new york. Here is that conversation. What is it that amazon wants to be . There are a couple of answers to that. Probably the biggest one, perhaps the best way to answer that question is that the thing that connects everything that oneon does is our number conviction and idea and philosophy and principle which is Customer Obsession as opposed to competitor o...
June 26, 2024
December as investors await their g. D. P. Numbers out. And that is what you need to know. David for more on those g. D. P. Numbers, we turn now to carl, chief of u. S. Economist. So we have five quarters of slim pickings. What are we looking forward to . Its growing at 3. 3 five quarters ago. Now were growing at 1. 3 which is below the feds neutral growth separate and thats problematic for the economy. Consensus going into todays number have steadily deteriorated over the course of the quarter ...