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July 16, 2024
It is an earnings trade today. We will get into that in a moment. 8he 10year yield at 50 i basis point. Not really moving around that much. Bid, pushinginy the 10 year to 58 basis points. Story today is facebook and twitter. Down 5 , a quarter of advertising revenue for twitter, even as an added subscribers. Lets get a deeper dive. Taylor riggs is standing by. Taylor mostly risk off, but tech is not as bad, given earnings are coming in a little bit better than expected. There has been a recent s...
July 16, 2024
Romaine we will get back to david in just a moment. Taylor to jump over to riggs. Taylor attack, the big movers. Wanted to take a look at interday of the s p 500. Pretty volatile. Earnings around, so if you dont mind, i will jump to the end of my segment here where we were taking a look. Amazon saying that they are 26 ng net sales up yearoveryear and just a little bit higher than the estimates of of a 73 and three quarters billion dollars. Secondquarter net sales a here, versusy estimates of abo...
July 16, 2024
Business lending facilities to keep credit flowing as u. S. Job losses surge past 30 million. Shery lets get started with a quick check of the markets. We are seeing pressure on u. S. Futures, falling more than a percent at the moment, after the s p 500 fell from the sevenweek high. But yes, it was the best month since 1987. We saw the s p 500 climbing 13 this month. We have more pessimism about the economy today. We had dismal jobless claims data. Slowing down but elevated. We have positive sen...
July 16, 2024
What they are seeing this quarter and where demand might go. He said the last part of march and the first part of april were very depressed and then we saw a pickup relative to that period in the second half of april. We are not projecting what we will do this quarter because of the lack of certainty and visibility that weve got. Apple not giving a forecast for the quarter or the year, but cook sounding fairly optimistic there. Amazon earnings also out this hour. Amazon shares down after the bel...
July 16, 2024
More protection, the ecb tweaks policy. The economy ravaged by the coronavirus. Ftse futures point lower, and much of europe is closed but we will see trading in london. Apital is coming apollo aims to raise 20 billion and several new funds for opportunities in distress and private debt, this after boeing sold 25 billion worth of bonds in the largest offering of the year. Just under one hour away from trading in the equity markets that are open. London notably, and the ftse futures are down this...
July 3, 2024
The twoyear yield at 4. 22 joe. Honeywell is out with the First Quarter profit of 2. 25 a share. Revenue 9. 11 billion. The forecast was 9. 03 billion a little bit better than expected look at lets get to meta he did not change it to a. I. They are still spending more on the metaverse or part of the a. I. Spending . Who are they who are you . It is part of the metaverse shares of meta plummeted after the Company Issued a light forecast is overshadowed what was better than expected First Quarter ...