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June 26, 2024
Sixweek high here. And oil below 44. Our road map begins with the markets and a pause in the post election rally. Plus, were going to get numbers from alibaba on its biggest sales day of the year. And well also have a live interview with its president. Skb disney, the stock volatile after earnings and revenue miss, higher right now. Were going to dive into those numbers. First up, one day after the dow hit the new alltime high, the fed also in focus at a banking conference in chile. Fies chairma...
June 26, 2024
Behind Donald Trumps call with boeing, his comments on the rally and stocks and his role as negotiator in chief. Plus, softbanc ceo what is that going to mean for our economy and some important telecom companies. And twitter pulpit, fresh comments from trump and Ceo Jack Dorsey on his use of the platform and what we can expect. And a deal that will have fresh scrutiny from the next administration, the ceos of at t and time warner are facing questioning on capitol hill today. First up, donald tru...
June 25, 2024
Restructuring and lowering guidance. Shares of valeant are down sharply this after an earnings miss and sharply lower guidance. Well give you the latest on the stress theyre feeling over at valeant. And the viacom saga continues. A hearing is taking place right now in massachusetts. Weve got the details. But first up, futures rising a day after comments from janet yellen propelled the s p to its highest level of the year. The fed chair expressing optimism about the economy and said she sees rate...
June 23, 2024
Today with oil down quite a lot. In fact, its currently down by nearly 3 sitting below 42 bucks a barrel. Over the last year oil has lost 45 of its value. Who do the numbers stay . Coming from the transport sector the numbers may be signaling a possible recession. Well tell you what those numbers are and why you might want to take note. As we can see, stocks are sliding at this hour. Get down to the floor with bob pisani. How much of this is due to oil, bob . A very large part of it. Lets look a...
June 23, 2024
The left syria and 2013, all three attackers were killed, too detonated suicide vest and a third was shot by police. Congress is tightening visa requirements following terrorist attacks. It will bar people who traveled to iraq or syria the last five years. All 38 countries in the visa program rep issue passports containing biometric information. Joe biden said the donald trump wins the republican nomination he would be defeated easily by Hillary Clinton in a general election. By Vincent Clinton ...
June 23, 2024
Gaining a0 is now little bit. You could call it unchanged. The nasdaq is still down. Maybe more interestingly, if you take a look at the bloomberg terminal and use the imap can break down Industry Groups and see how they are performing relative to each other. Gainerssee that the big right now are materials. Energy stocks are up right now. A real turnaround from the last couple of days. The losers are i. T. And consumer staples. Gaining 3. 9 . Brendan over the last four or five days, it has been ...
June 21, 2024
Employment report. The bailout trail back in court. Bernanke, paulson, geithner expected to take the stand this week. A live report from washington. And bitcoin loses a fifth of its value over the weekend. Well explain why and what it can mean now for future of a controversial crypto currency. First up, shares of hewlettpackard jumping in the premarket. Confirming the company will split itself into two publicly traded companies. Services businesses take the name hewlettpackard enterprise. Davids...
June 21, 2024
Course of grants Interest Rate observer, noted fed critic with his take on what the fed is hinting at these days and sounding the alarm on the petrabras scandal. Hes coming right up. Also a closer look at the red hot commercial Real Estate Market here in this country and whether its already becoming too hot. Leading towards a dangerous bubble. That could and might sound familiar wreck havoc on the economy if it pops. Investment of china, russia and now canada. A special report of where things st...
June 21, 2024
In some cases they have gone down. And dont forget about energy prizes. Api reported u. S. Oil stock piles surged by 13 Million Barrels this past week. Well be getting official data on inventories from the energy administration. The dow was down close to 300 points. This morning youre seeing a very modest rebound. Dow futures up by about 14 points, s p by 7 and nasdaq by 46. Lets get you through a flood of stocks to watch this morning. Lets start with apple posting the largest profit in corporat...
June 20, 2024
Turning to political strife in the ukraine. Cyber reports driven by mobile and holiday data continues to trickle in. An upgrade in acquisition and reports in china mobile all amounting to a rise in apple shares. And shipments expected to fall by double digits this year, the most severe contraction on record. And some food for thought as news from yum brands and krispy disappoint. Comscore says shoppers have already spent about 20 billion online this year, up 3 . Ibm also saying some pretty eye p...