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CNBC Squawk July 3, 2024

Worst down by 1 the nasdaq off by. 6 . The s p down by. 50 lets take a look at treasuries now. You can see at this point the tenyear yield at 4. 68 yesterday on that data that we got at 8 30, the twoyear moved above 5 we have the pce number today squawk planner two reports before the opening bell chevron and exxonmobil in the next 90 minutes. You see two big interviews after those reports. Darren woods will join us at 7 30 eastern time this morning chevrons c, o mike wirth will be on at 9 45. Po...
Eastern Time Mike Wirth Economic Data Antony Blinken President Biden China Foreign

CNBC Street July 3, 2024

Five barrier. Uk gdp revised higher for the first and Second Quarters with the countrys stats office boosting the first and Second Quarter stronger for germany and france. And the senate tries to fast track shortterm Spending Plans before the potential Government Shutdown on sunday. House speaker Kevin Mccarthy tells cnbc theres still time. The fund raising trail and lets get together and we have been able to do it before when we sat down. We can solve this problem. This is an actual opportunity...
First Second Stats Office Second Quarter Spending Plans Government Shutdown Kevin Mccarthy

BLOOMBERG Bloomberg July 3, 2024

It was down even harder overnight. Its the year of efficiency coming to a close over at facebook. They have come to invest aggressively. A very big change over at meta. Lisa i had the great high for looting words from tesla, the reaction was the opposite. They didnt want to see this in terms of investors. They wanted to see dollars and cents. The year of efficiency was different from what people expected. Jonathan i think that profit more than doubled. The focus was firmly elsewhere. Annmarie wh...
Big Change Reality Labs Share Price Company Wants Big Data Government Spending

CNBC Squawk July 3, 2024

With a three handle. A shutdown possibly this weekend. Shares of nike are rallying despite the first revenue miss. The company saying that it sees resilient up canner both here in the u. S. And in china. And the street now braces for a potential Government Shutdown as soon as tomorrow night. Meantime we knew pce was going to be the tent pole data point of the week and some relief we got. Yeah, people leaning towards the idea that it would be a relatively softer number based on some of the clues ...
Government Shutdown Day Average Year End Ten Year Long Term Term Contract

BLOOMBERG Bloomberg July 3, 2024

Musks promise of making cheaper cars sooner. Stocks gain in asia, pay 69 billion sale and solid demand as a 5 coupon appears allusive. Biden says a will flow to ukraine after Senate Passes and aid package. Lets check in on earnings. Volvo cars with the focus on price and cost cutting. We know sales across europe have been slowing. Volvo cars sees fullyear revenue up at least 15 , pushing forward, revenue is a miss. Logging 93 point 8, 90 4 billion krona in terms of revenue below estimates that h...
Ukraine Senate Senate Passes Volvo Car Swiss Franc Bad News News Business

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CNBC Squawk July 3, 2024

Trading days of what is shaping to be a weak month in quarter. High pressure this morning after it offered weaker than expected. Sanjay mehrotra will join us later this hour. And a Company Named ryan cohen as ceo. Lets begin with the markets. We mentioned what the yields were doing today. Jim, 50 basis points. I said that we would have the d inversion and that you couldnt really be excited about the stock market until the 20year, which is at 4. 1. It is now at 4. 98. Crosses over the feds fund r...
Company Named Ryan Cohen Stock Market Feds Fund Oil Near Going Higher

CNBC Squawk July 3, 2024

Boost from its Growth Strategy this is elon musk on last nights call weve updated the vehicle lineup we expect it to be more like the early 2025 if not late this year these new vehicles, including more affordable models, will use aspects of the next generation platform as well as aspects of our current platforms and will able to produce on the same manufacturing lines as our current vehicle lineup its not contingent upon any new factory or massive new production line. Bespoke says it looks like ...
Growth Strategy Elon Musk Massive New Nice Bank Bank America People House

CNBC Fast July 3, 2024

Up his sleeve . 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. And we start off with a stat we havent seen since the turn of the century. The average rate of a 30year fixed mortgage climbing to its highest level in 23 years. And Monthly Payments are rising at a staggering rate. Cnbcs diana olick has the details. Diana . Reporter melissa, Mortgage Rates have been on a tear, and there appears to be no reli...
Monthly Payments Diana Olick Mortgage Rates Home Buyer Home Prices Home Sales

FBC Mornings July 3, 2024

Expunged from the university. By that not only kicked out, its as though you never came so you never have any credits you can transfer somewhere else, you violated your pack. Maria you get the followup what is antisemitism strategy on msnbc, your implementing it, fine, what about the things that tom cotton just said revoking the visas of the foreign students who dont belong there and in fact originating and spiking all this trouble . I dont see universities cracking down on this regardless, if y...
Tom Cotton First Time First Time Ever Time Ever Green Light Class University

BLOOMBERG Bloomberg July 3, 2024

One stock that did not snap the streak was tesla. On the month, down by close to 20 . Down by more than 40 today. Lisa it has been kicked out of the magnificent seven. We have a company that is fighting a sentiment wave as well as the very real wave of competition in china during a fraught market for the electric a fraught moment for the electric vehicle market. Jonathan product release, competition in china, we are trying to figure this out. What is the tesla problem and what is just the broade...
Company Fighting China National National Companies Marketing Team Team Part Inflation Reduction Act

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