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June 23, 2024
Apple hacked in china. This time the app store. Apple says it is working to address that problem. And as alibaba marks one year as a public company, the final lock up on share selling expires. Will the stock see more pressure today . Stocks poised to open sharply higher, looking to recoup losses from fridays selloff which did include a 290point drop on the dow. There continues to be buzz over the feds decision to stay pat on Interest Rates. Earlier this morning, st. Louis fed president jim bulla...
June 23, 2024
A year earlier. Chinas Producer Price index dropped more than 6 . 43rd straight month of declines. Delaying its plan amid market volatility and four of the five companies that have gone public priced offerings below their expected range. Two ipos to watch today. First data and super market chain are both scheduled to price this afternoon but of course already starting to see cracks in the ipo market. Well see where those two go. Shares of sandisk jumping this morning. The flash Memory Company hi...
June 23, 2024
Coming up, well tell you whats behind the crude comeback. Thats coming up in just a moment here. Janet yellen and the fed leaving rates unchanged for now, but a warning that a hike could come in december. Well look at the impact that theyre having. Meanwhile, hes at it again. Carl icahn revealing hes taken a large stake in insurance giant aig and hes urging the company to split into not two, but three separate companies. We have the latest details on that. The stock has been up about 4 or 5 in t...
June 23, 2024
Showdown between political allies. It would be one of the largest tickers of all time. Pfizer and allergan are in preliminary discussions about getting together. Our first look at Third Quarter gdp, coming in at 1. 5, slightly lower than estimated as yesterday is in the red first up, a lot of action during last nights republican president ial debate. The candidates discussed numerous topics, the economy, taxes, the fed and entitlement reform. One of the biggest moments involved former governor j...
June 23, 2024
Shake shack some of the big names getting set to post their results. And then we will hear from disney ceo bob iger moments after those results are released. I wonder if he has seen the star wars movie yet. Plus chinas stock market rallying 16 over the past month. Jpmorgan chase executive of the Asian Pacific will tell you whether its over for the stock market. Dominic chu takes a closer look at the changing of the guard, if you will. Dom. A huge changing of the guard, a new world meets old worl...
June 23, 2024
That were set just when those minutes came out. You were watching the yield on the ten year as well. It looked like people were anticipating, oh, this is going to suggest theyre going to be soon. So the yields moved higher and then, bam, they fall off a cliff right after the minutes come out and now they are back to where they were before. Market cant decide. As that dollar moved lower oil moved to a high we havent seen since july. The euro at a two week high against the dollar, all kinds of mov...
June 23, 2024
In our road map, time warner, 21st century fox and cbs reporting a mixed set of results. Tesla shares sharply higher despite a wider than expected loss. And groupon down almost 30 in the premarket on a trio of negative news. First, stocks looking to maintain upward momentum a day after the nasdaq 100 closes at that record high. Adp said the private sector added 182,000, trade deficit narrows in december to a sevenmonth low. Fed chair yellen set to testify on capitol hill in the next hour. Late y...
June 23, 2024
The shares fell for the Third Straight year to the lowest level in 30 years, this all according to the National Association of real tors annual survey. Just 32 of buyers were firsttimers and historically that share is about 40 . Firsttime buyers surveyed said all forms of debt had delayed their saving for a down payment by a median of three years and for those who had the hardest time saving, more than half said it was Student Loan Debt that was the culprit. Another change in buyers, the realtor...
June 23, 2024
Sensors, why did this not get detected . And owe the answer is and you can tell if you look at the map that nobody thought to put these sensors around the white house or around the highincome areas of washington, d. C. So it was never measured. So it wasnt actually applied in this case to a wealthy area. We should look at how we apply it to accept the widest set of individuals. We need to talk about collaboration coordination. One of the interesting questions i think for government right now, is...
June 23, 2024
They look at oil pressure, temperature, speed and they basically were able to do prevent of maintenance to reduce down time, they were able to have service sooner and increase the reliability of their system. So fewer breakdowns, longer Vehicles Service life and they were able to save 5 million per year in maintenance costs. So substantial impact. We can think about disrupting how we do things in government. A lot of people in this room are wearing activity trackers. Maybe breaks should depend o...