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July 16, 2024
Into the red zone and mayor lashing out at College Students fueling the numbers. You want to be treated as adults . Well then act it. Mississippis statewide mask mandate coming to an end. Grounded. Massive airline layoff, more than 40,000 Airline Workers out of a job this morning. Some small airports losing all service as the government released new jobless numbers. Breaking news. Chrissy teigens heartbreak revealing overnight she and husband john legend lost their third child. The model suffere...
July 16, 2024
And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman h...
July 16, 2024
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow a...
July 16, 2024
Now. Power lunch starts now thanks welcome to power lunch broadcasting from a secure and undisclosed location the nasdaq on pace for its first negative week since june lets go to bob for more on the marks. Bob. Choppy trading but very narrow trading range bio tech sb flat energy, oil has been hugging 40 for a month now. Were down today but up overall in the week. Banks are down but up on the week and had a pretty good week. Amazon down about 8 this week one of the worst week its had in a long ti...
July 16, 2024
And lots to talk about in your Weather Report today. Shell have the latest on that very soon. We want to get right to our top story. That is the president s late night communetation for his late night friend. Stone was just days away from going to prison for his help in the russia investigation. He was found guilty for lying to congress in part prosecutors say to protect the president. In just a moment, we will talk to congressman adam schiff who led the impeachment fight against President Trump...
July 16, 2024
Twitter shares soaring on a rumor the company is looking to build a Subscription Service a source close to the situation tells me that a Subscription Service is one of many Revenue Generating options that twitter is considering, but that no announcement in that area is imminent Ceo Jack Dorsey has said hes kicked around the idea of creating a subscription tier and twitter management has talked about building new revenue stream the focus on new ways twitter could make money as tiktok opens a new ...
July 16, 2024
Without some sellers coming out of the woodwork which is why the dow shed now tepid nasdaq lost 3. 4 twee have to use this moment to regroup and figure out the markets. I think todays action was pure profit taking. But the sellers had a lot of excuses. I any its worth going over them in detail. Its forearmed rail recovery thesis really moderating. It might be right. Its certainly a possibility if you dont get stimulus. Second, the reopening has clearly been stalled by the outbreaks. Its trying t...
July 16, 2024
Johnson johnson better than expected, it doesnt matter. Taiwan semi last night fantastic, doesnt matter. Apple price bump doesnt matter. When you get like that that says, let the sellers get their job done, there is some agenda here, theyre obviously not caring about news, not reacting to better retail sales or jobless claims down again. Every time that happens theres usually a great trend up someone is a seller. There is big money that wants out right now, i think a lot of people are confused a...
July 16, 2024
I know that chips are not, of course, a specific Coverage Area this is a big deal at a very confusing time for many in the market what do you take awa from a move like this and what sorts of changes or adjustments do you see . It is very, very interesting. Were in the middle of a pandemic, but it dung change the fact that a lott of companies are doing deals and acquisitions there is still strength and still a lot of people making money in this market there is an area that we need to participate ...
July 16, 2024
Inofficial now scrambling to figure out how to bring kids back to the classroom safely. Fearing for the future. Tens of millions of americans facing the loss of those weekly 600 Unemployment Benefits ending this weekend, with eviction freezes set to expire within days. A hero, because she always says that to me. But at that one time, i didnt feel that way. How will they move forward . Those stories plus palace intrigue. Explosive new details about what led up to harry and meghans decision to ste...