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June 22, 2024
Rating to junk. The highest Interest Rates in nine years and a recession. There is a corruption involving petrobras, the state oil company. No more secondclass citizen status for apple tv. The settop box has taken a backseat to the iphone. Tom im buying one. Tim cook has unveiled a major upgrade. We believe the future of television is apps. In fact, this transition has already begun. We are spending more and more time on our computers and mobile devices, enjoying great tv content through apps, s...
June 22, 2024
Up in the regular session about 4 . Its since come back in the electronic session. That has been a big influence on equities today. For that reason well see how stocks do into the close. Art cashin mentioned, there is a strong relationship between these two. Tmobile fighting back with its own plan. Books shares falling despite Strong Revenue and billings they reported last quarter. Ceo aaron levie is back with us. They just came public this year. We start with the markets. Stocks are up, now fut...
June 22, 2024
Playing at the semifinals. This was on her request for the calendar year grand slam. Only one year left to go. There was a lot of excitement last night. Much of it happened off the court. Although what happened on the court was good too. Check that out. Jimmy fallon and Justin Timberlake watching federer play. First the market news of the morning. The u. S. Equity futures. Yesterday it was a huge sell off. It was a decline of over 400 points. From the highs to the lows of the day. The dows closi...
June 21, 2024
Currency as they do for virtual currency. He also said that the banks better capitalized and more stable than they were. Google and apple are urging the legislation to curb nsa surveillance. The clock is ticking to get this done before republicans take control in january. Many republicans are staunch supporters of the surveillance program. The ceo says the Solar Power Company has seen a growth rate for each of the last eight years. Thepoke about disrupt tang business. The utilities do not like i...
June 21, 2024
I am guy johnson. Francine is not here today. She is at the bloomberg summit. She will be back soon. Our top story. Lets talk about tesco. Bleak news again. It was not top 114 billion pounds and shares will be down as much as 14 . Charles, 100 days. Big ofthis come as a surprise they significantly reviewing . He said he was going to review it and we knew it in october. It was a degree to which it is him giving the guidance and that he did not give at the end of the told her. The key point is the...
June 21, 2024
Jpmorgans role in the recordbreaking alibaba ipo. Joking that he worried about it for two years. The house has passed a bill in 252161. One pipeline it now goes to the senate. Music streaming services are under fire, with taylor swift offling all of her music ic spot of five. Ify. Consumers want to rent all music in thethe world. With the downside of that is that youve taken the value from a song. Whetherigger issue is services are training people to think people is free. Music is free. E six an...
June 21, 2024
Many republicans are staunch supporters of the surveillance program. The ceo says the Solar Power Company has seen a growth rate for each of the last eight years. He spoke about disrupt tang the business. The utilities do not like it that much. They would prefer the captain to not have any other choice. If you can maintain a monopoly, you can maintain your pricing. The committee is chaired by his cousin, elon musk. And a new stake in aol comes as yahoo announces a possible combo with aol. The fu...
June 21, 2024
Is not bad. We were expecting that much. Existing home sales have been a problem for the past year or so. We have not gotten what we want to see. We are seeing a much better than we expected number for the month. Singlefamily homes posted a fairly strong gain. The supply of the market dropped significantly, of course this is wintertime, 24. 1 months to 5. 1. Prices will continue to rise. Well over the 5 million mark. That is good news as well. This will set the stage for reasonable 2015 if we co...
June 21, 2024
I think its just a matter of time before wage growth turns up. Meanwhile, the fed president Dennis Lockhart said todays jobs report is no reason to hasten and adjust rate hike. Major developments today in the houston xl pipeline, hours after Nebraska Court throughout the case. A showdown with president obama looms, because he says he will veto this bill. Sony is poised to recoup money they spent making the interview. The companys rate and 36 million in online sales. Sony should be able to recoup...
June 21, 2024
Prices fell back after the new king said he would maintain his predecessors policies. Financial markets are advancing adjusting to the ecbs announcement. One who is definitely the head of japans central bank. He spoke to bloomberg in davos. Growth could be accelerated. Both would be beneficial to the worlds economy including the japanese economy. We welcome this action. Japan may need to look at new options for stimulus. Earlier this week, the bank of japan cut inflation forecast to 1 . In greec...