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CNBC Squawk July 4, 2024

Magnificent seven are in correction territory but nvidias getting a boost ahead of its earnings. And were going to keep focused on those economic challenges in china. The countrys central bank cutting a key Interest Rate by less, though, than many had been anticipating. Oh, yeah, who is many anymore . Slew of press over the weekend as well. The journal writing kind of a devastating headline. Is it over after 40 years . Yes, definitely over. Who can say this stuff . We were here. We were lucky en...
Central Bank Bank Cutting Interest Rate Companies Paying Herbert Hoover Just Cutting

CNBC Squawk July 4, 2024

Our road map does begin with tech stock volatility. Adobe shares are tumbling. Microsoft, though, record highs. Tesla and nvidia, those stocks, at least recently for nvidia, saying its a struggle may be an overstatement, but they certainly have not been going up. The nasdaq 100 pointed to its first backtoback weekly loss since last october. Plus tiktoks owner, bytedance, on track to surpass Metas Facebook as the Worlds Largest social Media Company by sales. And the chamber of commerce suing the ...
Road Map Metas Facebook Worlds Largest Media Company Chamber Commerce Climate Disclosure

CNBC Power July 4, 2024

Pg. We have to see more green on the screen. We have six points but the s p down 4 and the nasdaq down 40. All three averages are down more than 2 for the week. Thats the larger trend here. Shares of bloomin brands are gaining as starboard has built a 9. 9 stake in the company. The shares youre seeing popping about 6. 5 . Theyre up 18 over the past year. And the stock you heard about everyone is talking about it, what are they going to say, Palo Alto Networks, theyre reporting after the bell, fi...
Six Points Palo Alto First Time Company Done Bianco Research Senior Analyst

CNBC Fast July 4, 2024

Fast money. We are live. Lets begin with the great rate rall. Rising as high as. 33 . The move taking a toll on stocks. The dow down 290 points, the latest index to move below its average. It is the first time it has done that since first, so is there any end in sight . I thought actually markets did okay, considering the huge climb. It is interesting. I know for a fact that miley cyrus is a huge fast money fan and one of her hits is called, the climb. This is not what you want to see. The rates...
First Time Miley Cyrus Stock Market Something Like Takes Time Technology Already

BLOOMBERG Bloomberg July 4, 2024

Wage negotiations, the initial numbers coming out with the likes of toyota, meeting all the salary demands. That is something lauded by the likes of the prime minister. It is something they would like to see and it is playing into the direction of the boj, thinking about if we see any move next week. Japanese yen strength has been waited on equities, and we are seeing it, a little under pressure so far, but we also had u. S. Stocks retreating overnight. Is that a countdown . We have more inflati...
Something Like Jay Powell Market Status Aussie Broadband Inflation Higher Data Points

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FBC Making July 4, 2024

Seasonality or much ado about nothing. Here is a good thing we get a chance to ask some of the best in the business this hour. All hail the new king, nvidia. Wait until you hear what one wall street legend sold to load up on the new king of all stocks. Plus well look at the true state of the economy and the consumer. How much longer can we keep pulling this off . You do not want to miss my takeaway on the homeless crisis should have america hanging its head in shame. All that and so much more on...
Wall Street Firm Holding Wells Fargo Major Fund Big Story Bond Market

FOXNEWSW America July 4, 2024

On this just moments ago. Listen here. And the president has said he wished he didnt call this the Inflation Reduction Act. What should you call it . Well, he said following that sentiment because i think its a complicated bill that it also has reduced costs and i think its very important to note that both on healthcare and as i noted on the energy side we have already seen costs coming down. John are they . I mean, gas is nearly four bucks a gallon again. Gillian home prices are up. John are am...
Hunter Biden John Roberts White House Climate Spending Bill Fox News Signature Inflation Reduction Act

CNBC Fast July 4, 2024

Hotter. Retail sales lighter. Jobless claims lighter, too. You have yields moving up. Take a look at the ten year, was 4. 26. Nvidia is lower. Tesla is lower again down 5 this week. The worst s p stock year to date. So were watching all of that. The point being, as i turn to josh brown, you say its not the place to look anyway, if youre thinking about where this next leg of the rally will come from, if you do believe one is in the offing, you say it will come from the small caps and thats where ...
Small Caps Largest Technology Technology Names Renaissance Macro Small Cap Step Back

CNBC Fast July 4, 2024

Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, dan nathan, and guy adami. We begin with what might be a sign that the air is coming out of what have been some of the years most popular trades. Lilly and nvidia boasting big drops today. Nvidia has now fallen nearly 12 from the record high hit friday morning. Japans nikkei nosediving, falling to its lowest in over two weeks. Even the red hot industrials trending lower. Meantime, rec...
Record High Red Hot Market Cap Single Day Companies Big Biggest Holding

FBC Varney July 4, 2024

Here in this case we have very clear indication that the president of the United States is not mentally able to be, participate in trial which should beg the question why he is the commander in chief and has the access to the nuke hard a codes. I think the biggest question is does he think that President Biden was faking it, or does he think that President Biden literally was that mentally incompetent. If you wanted a fed rate cut, you cant afford to have the economy growing by 2 or paster. Hunt...
United States President Biden Ashley Lady Lady Liberty New York York Harbor

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