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June 23, 2024
Market after todays action with the dow advancing just 14 points but s p declining. 36 and the nasdaq lost. 65 i have to believe that it has. Theres in sectors that matter to a market. Sectors that can take down everything if their declines are owned enough. We have seen the banks hit the whole market. We have seen tech take down everything. No surprise, the Second Largest Group of the s p. We witnessed the industrials sandblast the market. Even as theyre often just plays on china. When chinas e...
June 23, 2024
Due months chairman and ceo is stepping down after six years in the post and five months after winning that proxy battle against an activist investor. Freeport trimming its board and reviewing Strategic Alternatives for its oil and gas businesses. Pepsico lasting its full year outlook. First up, futures indicated near the flat line a day after the s p saw a fivesession winning streak. All the s p sectors finished monday in the green led by industrials, up almost 3 . Jim, from fridays low, the do...
June 23, 2024
Today. Our road map begins with priceline. Shares falling what is driving the stock down . An 8. 5 billion deal creating a timber giant. And are big changes ahead at yahoo . Stocks make it a lucky seven. The three major indices in the midst of a winning streak. Small caps posted strong gains last week with the russell up 3. 25 percent. Jim, exports down 6. 9 in china, double the estimate. The consumer, this is what were focused on. Weve got singles day coming up. I think that will be the biggest...
June 23, 2024
This is an emerging discussion, and it like every other combination moves right into the search for nominal gdp. This is directly linked to the world of janet, mario draghi, mark carney, and everyone else in the economics game. When in doubt, merge. Francine investors seem to like this because both stocks are up. Lets get the bloomberg first word with caroline hyde. Caroline thank you. Financial authorities have identified the third attacker from harris. They say is a man who left from syria in ...
June 23, 2024
At all in these two companies. When you do the math and look at everything, we dont have a concern. Andrew think about it as adjacencies. Area, we dontag anticipate issues, but we will go through the Regulatory Filings as normal. David whether the United States or europe, will they be looking at it as one company or will those be done simultaneously . Hard to answer, but they will take into account that it will be broken up into three businesses. Stephanie agriculture is a key part of this deal....
June 21, 2024
Opener, your world in 90 seconds. Unfortunately over the past several weeks we have seen all too much of the nfl doing wrong. That starts with me. Damage control at the nfl. Commissioner Roger Goodell holding a News Conference to itemize the leagues plans for dealing with and preventing Domestic Violence. Have you considered resigning at any point throughout this . I have not. Im focused on doing my job. Security breach at the white house. Someone jumped a fence. A man running across the lawn ju...
June 21, 2024
Situation very closely. He will have to make the final decision on what to do next. But he did admit the french authorities did know ta these attacks, attacks like this were a possibility. Well continue to update you as things progress. All right, hadley, thank you very much. We will continue to follow in this morning. Obviously, this is a rapidly developing situation. Michelle Caruso Cabrera is back at cnbc headquarters and following these developments as well. A little more we can add to hadle...
June 21, 2024
Pretty tight supply. Weeble have fabers inclusive interview, and another upgrade for netflix, this time its ubs. Were going to walk you through that call. First up apple preorders are surging. They received almost 1 million orders on friday according to slice intelligence. No comment on they numbers from a third party. This took one day. Look basically a sight unseen fabulous ads, and i think what this says is long run, because if theres a million early adopters without even people just figuring...
June 21, 2024
Rally. Whos investigating the investigators . Bill ackman responds to the report that he and some of the people who advise him are the subject of a government probe for manipulating stock prices. Hello, its tim from cupertino on the line that surprise interview with apples tim cook and our own jim cramer last night on mad money. Well let you hear that. Producer prices fell for a fourth straight month, down un unexpectedly in february by. 5 as decline in food prices offset increase in gas prices,...
June 21, 2024
Lets look at crude oil. Well give you the 10year note yield. There it is. Where are we . Wow. 1. 88 . Lets get to our road map. It starts with you heard meg terrell talking about it. Teva ups the ante proposing to buy mylan 82 a share cash and stock. Both shares on the rise. And a parade of dow stocks starting off with earnings this morning. Well cover it all. Ibm seals fall for 12 consecutive quarter. Is the road map now in difficulty . Want to start off with teva as i go back in my pad and loo...