Page 27 - Developers Conference News Today

Walmart. Who will be the traders pick in the big box Battle Royale . 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 start with the fxi jumping 2 today to post its highe est clo since last august. Its up 35 from its january lows much of that strength coming in the last month look at how some individual names have done in that time pinduoduo gaining more than 20 . The s p, meantime, up less than 2 but th...

Those higher beta growth names and were watching alphabet shares closely today as openai refreshes its chatgpt chat bot, what it means for investors as well in the Broader Markets, well, most s p sectors seeing modest losses today. Small caps are outperforming yields are down. So, what else is new the russell is up. Well watch that over this final stretch. It does take us to our talk of the tape, whether the bull market is at serious risk or not. Lets ask dan greenhaus, chief strategist for soli...

You have the nasdaq up by almost 9 treasury yields are a little weaker t tenyear yield at 4. 814 . And openai will have a product Conference Announcement today. Sam altman said they will not launch a Search Engine, but working hard on new stuff they think people will love and feels like magic to me according to people close to the information. This Technology Rolls Image Recognition into one product for advanced Voice Assistant and separately or maybe not separately, you will see how things are ...

Sold the qs which i find interesting. And last week you said that you are longer now than i you can remember so why did you trim alphabet i add significantly to alphabet in the 130s when all the genesis and noise came out and i thought it was a Short Term Impact and there was no there there. So i took the opportunity to really super ssize the position and now cutting it back to normal size. It is still one of high larger positions. But i dont think that it was prudent. So really risk manager and...

Needs an ai moment and this will qualify and well bring you all of the headlines this hour three buckets of the health care names. This is one of them. Our guest says buy it. It has the business best model in pharma and its not eli lilly. Hes here to make his case and Michael Santoli kicks things off at the New York Stock Exchange hi, kelly we have steady indexes here which means that the s p 500 is holding on to last weeks gains and holding on to this little 5 rebound rally weve had over the pr...

Lisa heading into a week of important inflation data and two of us are live in d. C. , one of us is in paris, and dani burger is a new york. Welcome to bloomberg surveillance. More on why we are all over the place in just a moment. Important week kicks off on wednesday with data releases that make solidify a narrative that has been flipping and flopping. Why wednesday is going to be so important . Dani wednesday will be so important because this market has decided that with the week data coming ...

Says the gains can keep going as long as one thing happens. And it is about bond yields. And in choppy waters, that is how the ceo behind this name describes the consumer we saw the sentiment report, big disappointment he says his company is well positioned to weather it the stock up 17 just this week. But lets start with more on the markets. It is positive generally speaking, but weve lost some momentum here in the midday session so far if you take a look at the dow industrials, kelly mentioned...

City this morning good morning for audience worldwide. This is bloomberg surveillance headed towards three weeks of gains in the s p 500 before we get to the weekend already looking forward to next week. Look at the lineup absolutely stacked, full of Economic Data. Wednesday cpi retail sales thursday jobless claims you got some retail earnings in the mix we will hear from home depot and walmart by the end of next week we should have a decent read on the American Consumer . It feels like every pi...

Nasdaq climbed, s p. 51 im sure you have some stocks. Maybe moving into something a little more placid like the industrials. At back my Old Hedge Fund we reviewed our positions three times a day. Thats right every day. Three times a day id have to defend them to karen cramer, our head trader. If my enthusiasm flagged at all, if there was a negative news story, a downgrade, a price target cut, or even if the stock was just heavy where sellers didnt seem to care what prices they sold their stock a...

Two areas of tech doing two distinctly different things. Youre getting buying on the dips in mega cap and selling in the more growthy, high beta type ecommerce names, roblox, shopify, palantir, airbnb, match, uber. All of those are down reasonably significantly, certainly at the top of the list since they reported earnings. All of those mega cap stocks are up week to date. Ask yourself the question, whats the difference between the growthy mid and Large Cap Technology names you just cited and th...