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July 16, 2024
Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after ...
July 16, 2024
Crushed, lowes falls short. Both retailers see big gains in online sales and Curbside Pickup and the Energy Sector is coming off its best week ever more than 16 gain last week the ceo of chevron will join us in this hour, well talk about is in store for chevrons business and the sector. Well talk about all that with michael wirth. Carl cant wait. Boeing is the story of the morning, jim 617 days on the ground you got baird going to outperform with a 306 target today. I guess well talk about not o...
July 16, 2024
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is ...
July 16, 2024
Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon a...
July 16, 2024
And see where they stand creeping up. Over the seven handle at. 713. Well see what kind of core relation that may have with the equities market. Melissa, welcome to the club this morning it is great to be here and start the morning with you guys. I say that with a hint of sa sarkasm. Shes a regular you are ready to play. Always, you got to bring it each time. No i in team. Theres only a me upgrading laura overnight and learned it is rapidly intensifying and bracing for great winds. A category 4 ...
July 16, 2024
Lamb weston, that was one of our stocks of the hour. Down 11 . I dont know what is going on over there in the 209. Taylor i am never going to live that down. That is good to know. On a more serious note, some of the industrial companies, 5757. R at a spot intraday basis down to about 31 basis points or so. Keyink 54 will be the next resistance level. The flight to quality we have seen, given the fed and some of the weakness we have seen in earnings. Shawne still with us, matthews. It is earnings...
July 16, 2024
Im Andrew Ross Sorkin with joe kernen and melissa lee becky is off again we are about 111 points up now s p 500 looking to open about 11 points higher. Flip is around and show you we are at. 952. Still under the six handle i always wonder what the bond vigilantes are thinking now relative to our little equity world. Worth noting we are still 3 well away from the february record highs some highlights. The ceo of Tractor Supply, auto nation venture capitalist, treasury secretary mnuchin, house lea...
July 16, 2024
Struggle just to keep up. Look. I think that all of these have one thing in common. They all believe that the future is a little bit better and a little bit faster to come than many of us believe it is rather remarkable to see a consensus overnight from companies that basically say, you know what . Darn covid full speed ahead that includes boeing boeing has what i regard as being a very bullish scenario involving good cash, involving the possibility of returning to much more flight in, lets say,...
July 16, 2024
The pandemic and lines they are shifting Rock Solid Companies are on dangerous footing and outfits are tightened emerging industries sometimes its hard to tell the difference and thats what happened today with the dow declining 78 and the nasdaqed wt a record close of. 95 let me explain the prism if you want to understand this market, the single most important fact is more covid cases are exploded back above 40,000 yesterday. Between 44,000 and 48,000 depending on your source and it really didnt...
July 16, 2024
Treasury secretary digging in his heels on the topic of reopening saying, we cant shut down the economy again, sarah. Gary he cou gary cohn joins us and last month there were more bubbles to come hell join us to weigh in on todays down turn. And the black swan of 020, thats what sequoia labelled the pandemic in march. Well talk to partner roelof botha about how he views the startup landscape right now lets get to the selloff and our team of reporters to break it down mike santoli tracking the pl...