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June 25, 2024
Hearings. Mylan ceo answering questions about the epipen price hikes. We have the highlights and low lights from that grilling. And new election poll out as we are days away from the first big debate. Well break down the latest data. First up, futures rising after wednesdays post federally. Heres janet yellen on why the fed is standing pat on rates instead of hiking this time around. We judge that the case for an increase has strengthed, but decided for the time being to wait for further evidenc...
June 25, 2024
Crude Oil Prices Last week was a big mover for oil prices up by over 3. 50 by the end of the week. Wti up another 1 . Youre getting close to 49. Right now its at 48. 74. Here are the stories we are watching today, its a busy week for economic data. Today we have september isf manufacturing, august Construction Spending, september auto sales. And tomorrow we get the Paychex Small Business index. On wednesday we get the adp employment report as we always do and the ism services index. On thursday ...
June 25, 2024
Good thursday morning. Business insider ceo henry blodget. Good to see you. Great to be here. A rally on our hands. The dow and the s p wiping out their losses for september. The industrials are leading the s p. Once again, henry, were at a stage where the fed acts, people who doubted their resolve get faked out, and a rush to buy again. Great to see a successful ipo. Always more fun when stocks are going up. I think from a high level as weve talked about in the last couple years, valuations are...
June 24, 2024
The nasdaq has actually been leading today. That is a bit of a switch. Technology has been going in the same direction as other averages but an exaggerated move. A different scenario memo we have seen recently. The s p and dow remain lower and they remain lower than oil prices peered yesterday, we saw stocks drifting lower even as oil held up well. A different story today. If you look at oil, were seeing it down 4 . It bounced off the bottom, but still below 30 a barrel. Oil stocks are weighing ...
June 24, 2024
Good morning. Welcome to Worldwide Exchange on cnbc. Its new music friday. Im sara eisen. Im dominic chu sitting in for wilfred frost. Hell be back on monday. A holiday shortened week of trading here in the u. S. , but no shortage of big news and buzz. Well talk about apple challenging federal authorities and hear why Company Cofounder Steve Wozniak believes steve jobs would have done the same thing. Thats just one minute here. That cnbc interview getting a ton of buzz. First, lets get you up to...
June 24, 2024
Reported slowing sales growth and said that wont change much this year. Profit at the dow component continued to come under pressure as a result of multibillion dollar investments in worker wages and ecommerce. Investors were hoping to see those investments start to pay off in better results. Apparently it hasnt happened yet. And that weighed on the stock which fell 3 , making walmart the worstperforming member of the dow blue chip index today. Morgan brennan has more on walmarts gloomy outlook....
June 24, 2024
Reported slowing sales growth and said that wont change much this year. Profit at the dow component continued to come under pressure as a result of multibillion dollar investments in worker wages and ecommerce. Investors were hoping to see those investments start to pay off in better results. Apparently it hasnt happened yet. And that weighed on the stock which fell 3 , making walmart the worstperforming member of the dow blue chip index today. Morgan brennan has more on walmarts gloomy outlook....
June 24, 2024
Reported slowing sales growth and said that wont change much this year. Profit at the dow component continued to come under pressure as a result of multibillion dollar investments in worker wages and ecommerce. Investors were hoping to see those investments start to pay off in better results. Apparently it hasnt happened yet. And that weighed on the stock which fell 3 , making walmart the worstperforming member of the dow blue chip index today. Morgan brennan has more on walmarts gloomy outlook....
June 24, 2024
We did not expect to be in this position at odds with our own government, but we believe strongly that we have a responsibility to help you protect your data. Reporter then apple showed off its newest gadgets where small is the theme. A fourinch iphone starting at 399 and a t10inch ipad prostarting at 599. Still a market for small phones. Small phones and lower prices. The two seem to be going together. Reporter a small phone and a quickly changing legal battle. Very quickly, instead of spending...
June 23, 2024
Initiatives and campaigns. That is someone saying this is what matters. This is what i need in my life. So true in business that the urgent drives out the important. When i took way from that is he that it is urgent but not as important as his kids because he may have other opportunities. I really respect the fact that he was going to say this is maybe not the most important thing in my life right now. Thatanie i like the point maybe if more of his political leaders were moving their maybees to ...