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CNBC Closing Bell June 22, 2024

Airlines are raking in money for the ancillary fees. Details on which carriers are bringing in the most cash and where that money is going. It doesnt grate me that tch much. Charge us airfare and leave the fees behind. One price for everything. I dont know. A la carte is nonsense. Hundreds of stocks experiencing a selfcorrection. Some reporting earnings this week as earnings season gets into full swing. What you guys are paying in california, i dont envy you that. Lets get to the story on greece...
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CNBC Power Lunch June 22, 2024

Johnson johnson, well fargo and many more. Google going on a costcutting mission. How will this company known for growth cut back . Shares of google right now, shall we . Maybe no. Maybe so. They are up 16 at 5. 63 a 3 rise on that news. But we do start with the iranian deal. It may take weeks or months for the money to start flowing but the speculation has begun about who will get into the Islamic Republic first. Our coverage begins now with morgan brenner. What have you found, guys . You snuck...
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CNBC Closing Bell June 22, 2024

Regulatory changes, but firms are also changing their own Risk Management practices in some sense in some cases in a more conservative direction. We have seen an increase in algorithmic and High Frequency trading. That may be leading to changes in market trading practices. In the Corporate Bond market there have been increased reporting requirements that may be reducing the desired sizes of trades. All of these factors could potentially account for whats going on but we have not yet been able to...
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KQED Nightly Business Report June 22, 2024

Consumers arent spending as much as expected. Retail sales for june fell a seasonally adjusted 0. 3 , well below expectations of a rise. Because it makes up a good chunk of Economic Activity if that piece of the economic puzzle is missing, some say it throws into question the potential rate hike by the federal reserve. And the batch of bad news comes just one day before fed chair janet yellen is set to appear before congress. Courtney reagan reports. According to the latest government data, cons...
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KQEH Nightly Business Report June 22, 2024

Consumers arent spending as much as expected. Retail sales for june fell a seasonally adjusted 0. 3 , well below expectations of a rise. Because it makes up a good chunk of Economic Activity if that piece of the economic puzzle is missing, some say it throws into question the potential rate hike by the federal reserve. And the batch of bad news comes just one day before fed chair janet yellen is set to appear before congress. Courtney reagan reports. According to the latest government data, cons...
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KQED Nightly Business Report June 22, 2024

Trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two...
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KQED Nightly Business Report June 22, 2024

Earnings of 6. 99 a share trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats t...
United States Janet Yellen Marco Rubio Mario Draghi Carson Paul Jeb Bush

KQEH Nightly Business Report June 22, 2024

Earnings of 6. 99 a share trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats t...
United States Janet Yellen Marco Rubio Mario Draghi Carson Paul Jeb Bush

CNBC Power Lunch June 22, 2024

A new plan to revamp them expected to be announced this week by president ial candidate Hillary Clinton. Cnbc chief washington correspondent john harwood is in d. C. Now with details. Reporter mandy, Hillary Clintons beginning to lay out all of the components of her Economic Program to try to relink middle class incomes with the profits of Corporate America. Last week she talked about a plan to link employee tax policy or employer tax policy toward Profit Sharing with employers. Now shes trying ...
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CNBC Closing Bell June 22, 2024

Fox, too, has its losses but still at 6. Netflix is adding to its gains. Up 2 . Well tell you what the ceos have to say about the shift. Plus, the auto tech sector is beating expectations. Could teslas problems be hurting momentum play mobile eye which is a very interesting story. We will look at both of those companies coming up in a little bit here. Fitbit is falling. Many analysts are saying the earnings numbers last night werent so bad. Down 13 today. Well debate whether this is an opportuni...
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