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July 16, 2024
Apple is above 467. 77 making it the first u. S. Company to have a market cap above 2 trillion, a discussion a few moments ago about tim cook and how he has led stewardship of the company through all kinds of cross currents josh lipton joins us to talk more about that. Josh, its funny to look at that change of market cap and think back to some of the more cautionary calls weve gotten in the past few weeks from the likes of b of a who worry about margin pressure on phones, margin pressure on serv...
July 16, 2024
Ride to the rescue and do things that its never done such as get into the high yield bond market and rescue companies that have been downgraded which is set off what we call animal spirits the likes of which weve never seen now we have individual that does this smallest of Retail Investors pumping up things like insolvent companies such as j. C. Penney and hertz that have actually declared bankruptcy filed for chapter 11 and yet investors in general are so convinced that because of the feds extr...
July 16, 2024
Fortt and sara eisen is joining us, working a split shift. The biggest loss for the dow since july 30th. Were back to 34. 30. Had a pretty good nice opening, john, as we got that trade deal commitment, the phone call between the reps between the u. S. And china then Consumer Confidence hits and it was just not enough to offset the best number for new home sales since 2006. Yes some things still creeping higher you see amazon a bit higher. Microsoft up about a percent alphabet, too. Adobe hitting...
July 16, 2024
Out. The billionaire Tilman Fertitta will be here power lunch starts right now the dow making major moves to keep up with the changing times and the changing economy bob is looking at the moves and how they will affect the markets. Bob a bit of a shake up in the dow but the moves make some sense. Let me explain why lets take it piece by piece first we have salesforce. Com replacing exxon mobile the apple split has reduced the tech weighting in the dow and we need more Technology Sales force refl...
July 16, 2024
More republicans fall in primaries. Well get. White house advisor Peter Navarro. All that and so much more on making money. Charles like a grizzly, out like a teddy. The shortest bear market in history was a ferocious beast with everyone heading to the hills. Many predictions of a potential doom and Nuclear Winter for stocks that would last for years. Economic data was coming in better than expected there was extreme pessimism on wall street. Meanwhile Something Different was occurring on main s...
July 16, 2024
Russian energy giant gazprom will carry natural gas from russia to germany now in recent weeks 3 u. S. Senators have threatened crushing legal and economic sanctions a threat the German Foreign minister rejected last week. This transatlantic relationship with the United States goes deeper than Just Development we must make it very clear the tensions between partners are definitely the wrong way and ultimately it remains our sovereign decision where we get our energy from no state has the right t...
July 16, 2024
Additions here amgen, honeywell and salesforce which report after the bell. 59 minutes left of trade welcome to the big show, david yep and head on todays show as well sara, were going to discuss the Economic Data points and what the outlook is Going Forward were going to have the council of economic advisors acting chairman his name is tyler goodspeed. Hell be our guest plus, well focus on todays strong housing dwrat with redfins ceo glenn kelman. And it may be late in earnings season there are...
July 16, 2024
A widening government crackdown on demonstrations in the aftermath of the countrys disputed president ial election the oldest 9 polls for president Alexander Lukashenko win a 6th term in Office Protesters say the result was rigged. Hurricane laura is rapidly gaining strength as it bears down on the u. S. Gulf coast its expected to make landfall as a powerful category 4 storm with sustained winds of up to 250 Kilometers Per Hour hundreds of thousands of people in texas and louisiana have been ord...
July 16, 2024
And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention ...
July 16, 2024
Coverage for you. Blake burman at the white house. Lauren simonetti watching those markets and Hillary Vaughn is is in washington but we begin with blake. Reporter ashley, Republican Convention next three nights as they see it, continue to draw the distinction between President Trumps vision of the future and joe bidens vision of the future. Tonight will have a bit of a family feel to it as well, as two of the president s children will speak later this evening, tiffany trump, and eric trump and ...