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June 23, 2024
Japan was closed. Oil coming off the best week since august. Bond markets are closed. This morning its the largest tech deal in history. Dell agreeing to buy emc for 67 billion. You will hear what ceos of both companies told cnbc. We will hear where things stand now with inbev and san miller. And twitter planning companywide layoffs. A big move from newly installed ceo, jack dorsey. Dell agrees to acquire emc in a cash and stock deal valued at 67 billion. Transaction includes a special stock tha...
June 23, 2024
Financial trading revenue saw a drop of 15 . Hear what the companys ceo has to say about the results with shares down almost 6 on the session today. Many of its competitors are not down today. All right. We have a brain drain at yahoo evan has been talking about, two more people, high level people, have left the technology giant. We will discuss the impact of yahoos executive exodus coming up. And ibm set to report right after the bell. The companys cfo will join us live before the Conference Ca...
June 23, 2024
Sows. The dow is indicated to open lower by 187 points. S p futures down by 24 and nasdaq down by 61. Chinese president has arrived in the United States. Hes going to begin in seattle to meet Business Leaders including tim cook, bill gates and bob iger. And then to washington with an official state visit. He is defending the leadership of the chinese economy. He promises that slowing growth and market swings wont stop needed reforms. Meanwhile, he is calling on china to keep its economic commitm...
June 23, 2024
Performance in its mature markets. Crude prices recover ground. Russias finance minister tells cnbc the country must learn to live with the new reality on oil and sanctions. Were not optimistic concerning the sanctions. We dont anticipate theyll be lifted next year though of course we would want it to happen as soon as possible. Hi, guys, good morning. Im susan li. Coming up on the program watch and wait. The fed sounds a dovish town as risks are now tilting to the down side. Also jp morgan prep...
June 23, 2024
As for stocks this morning, lets take a look at the futures. Youll see right now that it looks like the futures are indicated a bit lower. Of course this is coming after 7 days in a row of gains for the dow. Its the first time its strung together 7 days in a row of winning streaks for the entire year. The dow futures are down by 85 points. S p futures off by 10 and the nasdaq by 28. Imports and exports both down. In the baltic. Theres a Cocktail Party and theres one to drop the baltic index whic...
June 23, 2024
Our road map begins with with jack lew speaking out about trouble in china. Shares in Morgan Stanley sinking on its earnings. Is there more pain to come. And first up, the major indices coming off three straight week of gains. S p up almost 6 since the beginning of the honesmonth. Chinas slowest growth since 2009. Still above consensus. And then jack lew addressed chinese currency valuations earlier this morning on squawk box. I think you have to make sure that china understands that its very im...
June 23, 2024
Alexis tsipras and his new democracy rival rule out forming a coalition as they go head to head ahead of sundays election. Auto stocks are shifting up a gear as they rose for the 24th straight month. They are not concerned by chinas slow down. I guess nobody really could predict this. We are not so much concerned because we did our homework and we have a very attractive portfolio. Lets get straight to it. Checking in on european auto stocks, out performers by the names of fiat and diamler. Lets ...
June 23, 2024
Vw shares plunges. They halt the sales of certain diesel cars as an investigation is launched into whether it cheated on emissions tests. No longer unhackable. Apple admits to a rare attack on some of its most popular apps in china as president xi jinping prepares to meet president obama to discuss Cyber Security. Fed fallout. President John Williams says a 2015 rate hike is still in the cards after last weeks, quote, close call. Well be hearing from his colleague James Bullard in just under 2 h...
June 23, 2024
67 billion. We will break down why bigger isnt always better and especially in the tech world. You look back at some of the other tech merge he wishes in the past, i thought of hue let pack err and come back which didnt work out well, that was 18 million and this one is 67 billion and there is a lot of debt involved in that one. Number two in the rankings the evongo come deal. This one does eclipse a lot of these. All your golf eye fish nad dose out to the gary player invitational, talk the busi...
June 23, 2024
Our road map begins with a trio of deals in biotech, personal care and food. Hp ink and hewlettpackard enterprise began trading as separate companies today. We will speak with meg whitman a bit later on in the show. And visa shares lower after reporting a mixed quarter, a buy back and a purchase of visa europe. A lot for investors to digest. A lot of deals in the spotlight, including Treehouse Foods agreeing to buy conagras private brands business. Results from likes of a facebook, tesla, Media ...