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June 24, 2024
Waiting for apple, the fed. Stocks are bouncing around in a very tight range. They opened higher, then they went lower. Now they are trading. S p is the leader. Earnings still remain in focus. Individual stocks moving on that rather than the entire market. Apple could change that. Eae a look for the latest on on the s p 500. The s p is orange for this current quarter. Im comparing it to energy and financials. We have already seen some of the countries in these Industries Report but not the major...
June 24, 2024
It is interesting because facebook, which has been keeping the nasdaq afloat earlier, is no longer doing so. It is doing more poorly than the s p 500 at this point. The dow has to stand up to the downside today. You look over the course of the session. You saw it unchanged around midday and it has come back down toward the low. The company dragging it down has nothing to do with earnings. Of theaccounting for 50 one indexs lost today, ibm, hope depot, and apple. Falling more sharply after carl i...
June 24, 2024
Welcome to the program, this is countdown. We have numbers coming through from the German Chemicals giant. They toldthrough we have numbers coming through that came through at 1. 9 billion euros, beating the estimate for the First Quarter. Going into these numbers, we could see volume putting pressure on cost and the product mix. We are looking out for anything they say on the ability to cut cost, also there are emerging market dynamics, as expectations for growth have been on the wane, and we a...
June 24, 2024
Without borders was leveled by attack. The airstrike blamed on Government Forces left 50 people dead. A less than welcome greeting for donald trump in burlingame, california. Protesters fought with police and knocked down barriers. Thee arrived to address state gop convention. He said his entrance was like crossing the border. In kenya, search and rescue teams are made at the site of a sixstory building collapse. Four people are hospitalized and others are trapped beneath the rubble because of t...
June 24, 2024
Four people are hospitalized. The cousin of the high demand for housing in nairobi, some Property Developers bypass building regulations to cut costs and maximize profits. I am mark crumpton. Emily i am emily chang, and this is bloomberg west. It has been a dramatic week for tech stocks. Apple sending the s p 500 to its lowest drop since february with amazon checking in for its best profit yet. App pulled off a bigtime coup today, scoring a one every kind of deal. Will snapchat revolutionized th...
June 24, 2024
The hang seng was up about half percent. And the shanghai up about. 6 . The European Equity markets. This is the early trade. Relatively flat. The dax is flat. Cac is down less than. 2 . The ftsi up about a. 25 . And the italy index about 1. 5 . And spain just over 1 . And up about 0 30 cents. Brent up about 33 cents. Couple of big stories this morning. Bp reporting overnight. Quarterly profits dropping 80 . That topped expectations, oddly enough. The company says it now could cut Capital Spendi...
June 24, 2024
Cutting the number of rate hikes it expects this year in half. What that means for the markets. Shares of fedex are up on earnings and company taking a shot at amazon on its call yesterday. Plus jim cramer spoke to target ceo about competing with amazon. How hes positioning his company against jeff bezos. First up something that would have been nun thinkable. Dow and s p down 1 for the year after the fed reduced the number of rate hikes it expect this year from four to two. Futures moving lower....
June 24, 2024
Economies theyre watching closely. Well get you the latest from the crown prince and go live to saudi arabia. Perrigo ceo joe papa is out, hes heading to valeant. And surprising sales number from the apple watch on its first birthday. Well break those down and get a preview of apples earnings tomorrow. The three major indices in the green for the month the dow leading the pack up. Saudi arabias cabinet approved a plan laying out economic reform priorities for the next decade and a half aiming to...
June 24, 2024
The yen soaring on the news. Does that excite you . With kelly here. Kelly can yes she loves currency stuff. Its crazy. Talking about 108 . Just the move. Look at that chart. I dont have a lot of insight. But i think it is remarkable that it can get whip sawed like that. Everybody piles in thinking it can only get weaker and then here we go. Live by the sword, die by the sword. Anyone putting their foot on the accelerate anywhere around the world is usually a boost and i thought really . This ca...
June 24, 2024
Teslas model 3 orders topped 10 billion in the first 36 hours. And that data leak of more than 11 million documents making its way around the globe. Why the Panama Papers have more than a few World Leaders under the microscope. Futures inching higher. Oil prices hitting some onemonth lows. Investors are waiting comments from fed president kashkari, and robert cap lylin. Talking about q1 earnings, whether the bar has been lowered enough where they have a nice p e going. Theres so many downgrades ...