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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 a few metric i call ou iphone revenue better than expected at 33. 4 billiondollar. Ive nef due 7 a sequential improvement q 23 down 12 . Mac revenue a bit lighter than but wearables home and accessories better than expected at 6. 5 billion and Services Revenue up 18 . Also better than expected. 12. 5 billion the q 1 forecast, mel, apple a. M. Guiding between 85. 5 and 89. 5 the street at 87 billion one of the metric i call out china revenue down 2 . A sequential improvement in q 3. Down abou...
July 16, 2024
Key read on manufacturing in the next hour. Plus, streaming wars, apple launching its tv plus platform today. It is the latest volley in the original content battle between media and tech giants. And pinterest plummeting, losing a third of its value since peaking in august. And the Growth Strategy for starbucks, Kevin Johnson will join us first on cnbc this hour. Lets get to the jobs number, october payrolls well above expectations at 128k despite the gm strike. Unemployment goes down goes up to...
July 16, 2024
Saw on friday, you got to remember that this president doesnt want stocks to go down he wants stocks to go higher and thats how you get a day like today where the dow gained 270 points and s p claimed and the nasdaq pole vaulted to 1. 23 trump knew things looked bad after fridays sell off. He decided to Say Something positive and turned things around did he call them did they call him there was a call people, thats beside the point. On friday the president took a harsh stance talking about boost...
July 16, 2024
Better than sxiktestimates. Road map begins with slowdown concern, tariffs and decelerating Global Growth weighing on the economy in q2. Top white house economic adviser larry kudlow will join us first on cnbc. We have investors buoyed this morning by strong earnings from tech giants such as alphabet, twitter, and intel all of those stocks pointing to a higher open. And starbucks rallying as well as sales surge. The coffee retailer raising its outlook. Kevin johnson joins us first on cnbc this h...
July 16, 2024
Tech sector higher and the Federal Reserve Decision Just days away with an Interest Rate cut firmly expected by wall street joining uts for ts for the hour lindsey bell perfect day to have you because you are the sort of earnings scorecard keeper things feel a lot better than they were expected going in. Absolutely. This was the busiest week of earnings so far this season. But what was surprising to me is hear from all the companies talking about the outlook. I was expecting them to cut numbers ...
July 3, 2024
Ahead of the open. Cloud sales growth accelerates the company also aims for spending more on a. I shares of starbucks under pressure theyre down after a decline in samestore sales it also slashed its forecast were going to be joined exclusive by starbucks ceo just a few minutes from now lets begin this new month for markets after ending a rough april with that selloff. Worst day since january 31st worst month since september 23. Some of it was because theres a belief that really, this happened i...
June 28, 2024
Premarket. Microsoft and intel are moving lower. Weve got a first look at the economy under president trump. It was a weak First Quarter, the question of course is has growth picked up since then. Starbucks out with results, the stock is slipping. A live and exclusive interview with Ceo Kevin Johnson and now chairman Howard Schultz. On the tech earnings front, amazon as you may know by now surpassing forecasts, getting a lift from the Cloud Business. Alphabet also above consensus as mobile searc...
June 25, 2024
Once again, live coverage from capitol hill this morning. Theyre meeting to discuss the cable tv industry. And focusing on practices involving billing, fees, refunds, and the number of other Customer Service issues. We expect this to get under way in just a moment. This is live on cspan3. I should let you know that right now, House Democrats continuing their more than 20 hour sitin the House Chamber demanding that republicans bring up gun control legislation. The house officially in recess throu...
June 25, 2024
Mr. Portman we are here today to discuss a topic that affects just about every american family. And often frustrates us as American Families and that is cable or satellite tv service. For over a year now, we have undertaken an investigation of the cable and television, Satellite Television industry. As many of you know, weve been issued in this interested in this issue. We have a keen interest in making of the Satellite Companies do the right thing by their subscribers. The subcommittee reviewed...