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June 24, 2024
These are blockbuster trades on the mouse house. The action be against right now. Lets get right to it. The reversal in the retail space today, the longest weekly losing streak since january. Macys called jcpenney reporting next week. Is it about to go from bad to worse. Carter, whats your take . Its not a great space. What we know that even though its above its own januaryfebruary plunge lows, look how the xrt is trading to the s p, its almost at new relative lows. But the a lot of the soft app...
June 24, 2024
On the mouse house. The action be against right now. Oh, mickey youre so fine lets get right to it. Despite a huge reversal in the retail space the xrt posted its longest weekly losing streak since january with macys kohlss, jc penney reporting next week, is it about to go from bad to worse. Carter, whats your take . Its not a great space. What we know, even though its well above its own januaryfebruary plunge lows, if you look on a relatively basic how the xrt is trading to the the s p, its alm...
June 23, 2024
Lots of breaking news coming in, we will have numbers from daimler coming in. Let us deal with the swiss drugmaker roche. Thank you. Just a few numbers coming in at the moment. , theymonth sale number have raised the outlook. Rise in a sales concentrate grade if we look at pharma sales cynically, we are looking at billions of francs. We are seeing sales growth in the middigit single range, we are waiting for more of these headlines to come through. This is the swiss drugmaker of course that is a...
June 23, 2024
Seven cents a share. Expectations were for 14 cents. Revenue came in around 5. 5 billion, down more than 10 from a year ago, hurt by sliding Aluminum Prices. Shares of alcoa dropped initially on that report in afterhours trading. During the rg session it finished slyly higher. Despite the disappointing quarter cnn Klaus Kleinfeld called his company resilient. If you look at whats going on in the market, you see theres a lot of volatility thats in there. From Commodity Prices to currencies, to wo...
June 23, 2024
Seven cents a share. Expectations were for 14 cents. Revenue came in around 5. 5 billion, down more than 10 from a year ago, hurt by sliding Aluminum Prices. Shares of alcoa dropped initially on that report in afterhours trading. During the rg session it finished slyly higher. Despite the disappointing quarter cnn Klaus Kleinfeld called his company resilient. If you look at whats going on in the market, you see theres a lot of volatility thats in there. From Commodity Prices to currencies, to wo...
June 23, 2024
Seven cents a share. Expectations were for 14 cents. Revenue came in around 5. 5 billion, down more than 10 from a year ago, hurt by sliding Aluminum Prices. Shares of alcoa dropped initially on that report in afterhours trading. During the rg session it finished slyly higher. Despite the disappointing quarter cnn Klaus Kleinfeld called his company resilient. If you look at whats going on in the market, you see theres a lot of volatility thats in there. From Commodity Prices to currencies, to wo...
June 23, 2024
It is the last day of the trading week. Lets check in on markets with caroline hyde. It has been quite a week. Caroline the hangover seems to have hit. A few heavy heads amid the christmas festivities. It looks as though the hangover has set in stocks as well. We have euphoria after we saw at last the Federal Reserve increase their rates, and actually, the markets seem to abide by the fact that janet yellen is saying the economy strong enough. Now we have a deterioration. On the stoxxing 600 aft...
June 23, 2024
Good morning and welcome to Worldwide Exchange here on cnbc. Buckle up it looks like were in for another wild market ride today. China once again the big story overnight. Lets catch you up on what happened. Stocks there dropping more than 3 in early trading and then the central bank stepped in. Reports that state controlled funds bought stocks and that the peoples bank of china pouring about 20 billion into the money markets. That was the largest cash injection since september. Also they were li...
June 23, 2024
Oil down 15 since the opec meeting. Our road map begins with oil hitting seven year lows. We have news on the m a front. The latest on deals that may or may not happen. And chipotle down another 5 premarket, dragging that stock down nearly 20 so far this year. The latest on the companys e. Coli outbreak. Futures moving lower following mondays stock market decline. November data showing chinese exports fell for a fifth consecutive month. Weve seen wti fall below 37 for the First Time Since early ...
June 21, 2024
Welcome to countdown. It is just 6 00 here in london. Coming up, the Israeli Basketball Team with big plans for cracking america. How they are making a play for the big time. Our top story, democracy protest in hong kong luck to streets and divided the city for the two months and it is coming to an end. Baliffs have moved in the last remitting site. Live from hong kong with the details. This hour,nd that at 6 00 here in london, and this hour has been targeted as a key deadline for the protesters...