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June 30, 2024
Welcome to squawk alley. Carl and jon both have this morning off. Joining us is rekicricos he ha itting manager and author of the fore nice to have everybody here. And lets do our top story this morning. It is shares of apple and a number of its suppliers are under pressure on reports of slowing demand josh lipton, what is the problem if there really is one reporter apple investors have been counting on a waiver of iphone fans all around the world upgrading to the new iphone x, but this morning ...
June 30, 2024
Tax reform and infrastructure plans coming to focus blake bur man has the latest from the white house for us. The president also accusing china of being caught red handed helping north korea claiming there will never be a peaceful solution to the north Korean Nuclear threat if china keeps acting the way it is. Cliff may is coming up with the analysis on the latest threat. The dow headed for its 71st record close of 2017 with one more session remaining. Dow 25,000 and it could happen maybe not to...
June 30, 2024
Cuts are signed, its time for americas Biggest Company to bring the billions of bucks theyre hiding overseas back home. We have an allstar guest line up including republican South Carolina congressman ralph norman and President Trump 2020 Advisory Board member bruce lave ll. Also legal attorney are all here tonight. But first politics and money weve got you covered welcome to risk reward im adam shapiro. Before we go into the first story i want to share something with you because this is breakin...
June 30, 2024
After that. This is week to 10 days worth of subfreezing temps for a lot of big cities in the east. That is very impressive. We havent seen cold like this since the polar vortex from a few years ago. David what about erie, pennsylvania . I have got to focus on one little town. Not so little if you live there. My grandmother is from eerie. Five feet so far. Theyre getting a another major snowstorm by this weekend. They could end up with 10 feet before long. It is amazing. That is what you get arc...
June 29, 2024
It is the name that brings joy to most American Consumers and fear to most american retailers. But now theres a new game in town. A competitor who is also promising low prices and quick delivery. Does amazon have anything to fear . That is our cover story today. 60 of americans made a purchase through amazon in the last 12 months buying everything from groceries to books and electronics. According to shulman research. The printer came from amazon, Computer Speakers here and here. Yoga mats, this...
June 29, 2024
And fear to most american retailers. But now theres a new game in town. A competitor who is also promising low prices and quick delivery. Does amazon have anything to fear . That is our cover story today. 60 of americans made a purchase through amazon in the last 12 months buying everything from groceries to books and electronics. According to shulman research. The printer came from amazon, Computer Speakers here and here. Yoga mats, this kindle, radio. A lot of cds. Tv came from amazon. One in ...
June 29, 2024
Retailers. But now theres a new game in town. A competitor who is also promising low prices and quick delivery. Does amazon have anything to fear . That is our cover story today. 60 of americans made a purchase through amazon in the last 12 months buying everything from groceries to books and electronics. According to shulman research. The printer came from amazon, Computer Speakers here and here. Yoga mats, this kindle, radio. A lot of cds. Tv came from amazon. One in seven americans is a membe...
June 28, 2024
Of the month that could spell more pain. Well tell you what that is. First though, were going to start with what looks like stock heaven todays jobs numbers coming in this morning, stronger than expecteded a sign of perhaps a strengthening economy. Interest rates, they rose sharply this week, but still, theyre low. Oils hovering around 45. That keeps energy costs low for the consumer and a strong earnings season is predicted just around the corner so, is this stock heaven why isnt this rally get...
June 28, 2024
Twotenths percent. In europe this morning youll see that right now the daks up by about a half percent aj point cac and ftse up. Spain is weaker. Crude oil prices, down last week this morning up, had been higher earlier, looks like it is down 32 cents a busy week of economic numbers. Jobs on friday today, may consumer credit, tomorrow wholesale trade numbers. Wednesday, beige book. And yellen testifying. And thursday before the cincinnati Banking Committee june cpi thursday, and friday, retail s...
June 27, 2024
Brent crude up to 55. 48. Okay. Breaking Global Market news some early news this morning. The Uk Supreme Court ruling against the British Government in a key brexit decision. The vote means the Prime Minister, theresa may, must get parliaments approval in order to trigger brexit. Look at the pound moving on a result of this. Youre seeing it falling there over a half percent this morning. A couple other big stories to tell you about, yahoo reporting better than expected results on the top and bot...