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June 21, 2024
Change. Its been nearly a month since the index ended in unchartered territory. We have much more on the nasdaq and the feds rate hike strategy and the market. Including which stocks are set to heat up this summer. It officially begins this weekend. But the real feature today is what . The dollar. Whats going on with the dollar . The first up week for the u. S. Dallas against the euro in five. Thats the real story. Well get you your own show on cnbc calling it the dollar and you. Dont tease me b...
June 21, 2024
Getting ready to report its earnings after the bell. Lets take a look at shares. Currently up by 1. 9 . 132. 73. That stock is up about 20 this year so far. Most of that however, was before it joined the dow just over five weeks ago. What can investors expect to hear . What will it do for the stock . Josh lipton is in cupertino, california. Mandy, as you mentioned, apples stock has moved sharply higher this year. But can ceo tim cook keep that momentum going . Well find out after the close today...
June 21, 2024
Session today. Manile sectors are down today. Technology has been the highlight. Biotech once again. The very volatile Biotech Sector starting to move lower again today. We have a lot to cover over the next couple of hours. We also have a lot coming up. Were just hours away from teslas battery announcement. The stock pulling back in todays trade along with the rest of the session. Should you be buying before tonights big event. If you think movies like furious 7 are the only movie makers for i m...
June 21, 2024
S p and 2 approximate want 5 for the dow. The next move is toews. Housing stocks sharply hitting prerecession levels. What is behind the skbruchl which push higher on the back of that. The natural government announces a Major Investigation into dance cancer charities. We start with stocks. Bob pisani is tracking the action there. He is in the nasdaq before a key interview 30 minutes. Run us through the markets. Its a good news bad news day. The Housing Starts numbers had a very Strong Influence ...
June 21, 2024
Early conclusion of the tpp. Furthermore, on the aiib aiib in asia theres a tremendous demand for infrastructure. And the Financial System to respond to this is very important. On this recognition we see eye to eye 2009 china and myself and i think this is a point on which we see eye to eye between many countries. For japan to participate in the aiib is a decision which we have not taken yet. But to create such an enormous financial institution. And since this will have an enormous impact on Asi...
June 21, 2024
Grant, coming up get their way on the economy and what the fed will do about it. A lot of hot earnings stories keeping us busy as well. Gopro up almost 13 on the news that the company is breaking into the reality space and the debate on whether its too late to buy the stock. If you were with us yesterday, it was in this hour that twitters earnings were inadvertently released an hour early, causing quite a frenzy here on the floor of the new york stock exchange. Good old price discovery by human ...
June 21, 2024
Westside highway from where you are at headquarters. Well speak to barry diller later in the hour talking about iac and the many changes taking place in media. Late they are morning, ill be talking to Lesley Moonves the ceo of cbs which reported numbers after the bell that were better than expectations. Well keep an eye on that stock price. We look forward to all of that. See you back in a few. David, could you ask les, could you get those guys on thursday night to play better football . He high...
June 21, 2024
That stock is undervalued. He thinks it should double in price, kelly. Hes also talking about them getting into tvs, bill cars batteries. A lot of great fodder for industries that should be paying attention. Maybe he wants to merge apple with tesla . Or going back to his investment last week in lyft. Charlie evans said the fed should not raise rates until next year. Will that power up this beaten down sector . We will hear from both sides, coming up. And why you had a little hint here from melis...
June 21, 2024
Oil, its otherwise difficult to nail down any other real interpretation for todays positive action. Where the dow roared 184 points s p climbed 1. 09 and the nasdaq fell 1. 92 , breaking a manyday streak to the down side. Ive got another explanation. Bear with me. The one i gave you last night apple. Remember, i said if apple bottoms, we bottom. Because this weeks selloff really accelerated with the decline and fall of the best of the best. Apple came back to life right on schedule after three d...
June 21, 2024
A sea of red. Dow open 133 points off. S p 500 off. And nasdaq off 37 points now. Lets look at the ten year treasury. The yields hitting the highest level since early december. Looking at 2. 338 there. And also you should Pay Attention to the german bund driving a lot of the action in the global bond market lately and especially overnight. 2. 3 . Didnt we close yesterday at 2. 2 . Pretty big move. It was a big decline of more than one point yesterday in the ten year. And the bund last time it bo...