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June 19, 2024
Month of may in seven years. What does that say about the state of americas of discovery . It may not be as clear cut as it may seem. Stay tuned to a special report behind those numbers. Love that story. Another botch by bank of america. This time sending the wrong data to regulators making its private stock Trading Platform look larger than it actually is. This error coming a month after making a mistake in its stress test numbers that. Resulted in the banks suspending a planned dividend hike. ...
June 19, 2024
Inflation leaves many wondering if president mario draghi to halt for a stock. Germanys second biggest lending beating forecasts with a 15 rise in net profits. And its all change at se seemans. Making the freshly appointed ceo vowed to return the company to growth. Ready to look forward and bring the company back to where the Company Stands for. And it is about innovation, about reliability, quality. And that is what we are going to do by exploring our Market Opportunities and then return to gro...
June 19, 2024
Again, more fundamentals. Earnings palooza comes your way with at t, young branum brands. Amgen and gilead. Well have the information first. The analysis, the market reaction, everything you need to know coming up on the closing bell today. Also, should you be allowed to accumulate stock in a company you know will be a takeover target . Some say thats what bill ackman did. The former head of the securities and Exchange Commission harley pitt weighs in exclusively about whether or not its legal. ...
June 19, 2024
S p slightly in the red, nasdaq off about 30. I want to start with at t. Inseem like the numbers came better than estimated because more people are buying prepaid plans through at t. They are playing paying full price for smartphones on the plus side. There are concerns about the profit outlook at at t down the road. We are seeing the shares lower today. We got some earnings news from intuitive surgical. A very rocky road for that stock recently and the company letting its forecast for procedure...
June 19, 2024
Those numbers expected to hit at 7 30 a. M. Eastern time. Then well have muhtar at 8 00. Johnson johnson expected to report. Theyre expected to earn 1. 48 a share on revenue of 18 billion. After the bell, youll have to wait for it, intel and yahoo are reporting. You can get the numbers on the closing bell. Then on the economic front, hire whats going on. The government is going to release the Consumer Price index for march. Economists expect a slight tickup, up. 1 . That is coming at 8 30 a. M. ...
June 19, 2024
We wanted to talk about sequestration in a different kind of way. Oh stop. [laughter] sequestration . This is quite serious. They were shut down for six months. Control room, they are saying, are you kidding me . Overnight,go come german confidence falls to an eightmonth low on concern over ukraine. U. K. Food prices follow supermarkets compete for consumers. We got a mixed read. , manufacturing fell less than expected. The german news was the big deal. A series of we did coming out of germany. ...
June 19, 2024
Since then. Were going to look back this hour at some of the highs and the lows, and well look ahead. First lets go to sarah eisen. Welcome. Thank you. Its good to be with you here on this birthday of cnbc. Were watching the markets. Stocks struggling to post four days of gains for this shortened holiday trading week. Although the s p has recovered from earlier losses and is now in positive territory. Just the dow is down just marginally here. Ibm dragging the dow down. Weve got the nasdaq also ...
June 19, 2024
Something. I want you to remember today where dow gained 62 points. Nasdaq advanced 4. 1 . This was a day where a number of good things that shouldnt have happened happened. Consider the curiously outstanding case of omnivision. Hallelujah. They make the best cameras, image sensors for your cell phones with superior technology. Your pictures come out great, fabulous even because of omnivision. But cool doesnt cut knit a cool, steely stock market. Thats why i have been gun shy of recommending it ...
June 19, 2024
Wrist. Then after a rather vociferous and negative response to the perceived coddling of the allpro elevator puncher, the nfl recognized the errors of its ways. The nfl announcing players will get a six game suspension for their first Domestic Violence offen offend offense. Jon ah let that be a lesson. To nfl players everywhere. If you hit a woman, they will not let you hit a man for six more weeks. laughter the point is applause i would say at that point case closed. Until this week. Its the se...
June 19, 2024
Mean it was the sort of dispectable act our society would not tolerate. And the Justice System had no choice but to throw the book at rice. Specifically a book titled so youre sentenced to counselling, a violent offenders guide to lenient punishment. But not to worry, the nfl jumped in to fill the justice void. Nfl commissioner Roger Goodell slapped ray rice with a two game suspension. Jon two not one. laughter but two cheers and applause two a twogame slap. Two game slap, one for each wrist. Th...