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July 16, 2024
Oracle challenges the bidding process with the u. S. Defense department. Will it force the process to stop . San francisco is expected to be the first city to ban cigarettes. They will hold a final vote to ban the distribution and manufacturing of ecigarettes, making them illegal to sell in stores or online. If approved, it will be signed into law. It could pit the city against juul labs. It is backed by big tobacco and brought in more than 500 illion in revenue. To discuss this with us are our ...
July 16, 2024
As you mentioned, shares popped around 50 when compared to the socalled Reference Price of 26 a share. But no investigator actually made a quick oneday gain of 50 , as they might have in an initial public offering. In fact, the most any Public Market investor would have made buying and selling slacks shares yesterday is about a 9 return thats because the Reference Price is more of an arbitrary one set by the Financial Advisers in the nyse and a direct listing, so no shares were actually sold at ...
July 7, 2024
The fed futures priced that out to july instead of june. If you look at treasury yields, there was a 10basis point jump in the tenyear yield. 4. 27. The twoyear yield at 4. 68. Looking at the hotterthan expected Producer Prices for two months whand hotter consumer prices, it makes you won beder t you see with inflation. The price of bitcoin as we talked about that before we came on it never closes. You never know to base the change. That change doesnt tell you what is happening. Here is the rang...
July 7, 2024
Ed we have for earnings coverage and sitdown theses of fisker. Shares are plunging and the survival is in doubt. Caroline we take you we get the takeaways from the mobile congress in where is apple . Lets check in on these markets. A new day, newmont and we are all about technology investing. We are up on the back of the nasdaq. Singable back on the 10year note, down seven basis points. Are we seeing a little bit of weakness in Consumer Sentiment . Some Economic Data today shows maybe we wont se...
July 3, 2024
Meteorologists what other surprises to expect from the weather in the coming days. In omsk, the consequences of bad weather are being eliminated. There was a heavy downpour in the city and more than a months worth of precipitation fell. According to weather forecasters, a record has been broken in the entire history of observations. The embankment and several streets were flooded. At the same time, the region is still coping with the consequences of the spring flood. In the usti shimsky district...
July 3, 2024
Forecast for profit. That is coming up in just a bit. Im Katie Greifeld. He markets at the moment, quiet at alltime highs. We broke to the levels on both the s p 500 and nasdaq 100 yesterday, still hovering around there. Taking a bit of a breather. The s p 500 only up by. 1 . The same story at the nasdaq 100, the big tech benchmark currently higher by. 1 . When you are at an alltime high, maybe it is not worth complaining. In the bond market, a little bit of a selloff. Yields on the 10 year curr...
July 3, 2024
It seems like investors were bracing for a more hawkish fed. We got a fed that downplayed that the move would be imminently a rate hike. Also the shrinking of the Balance Sheets to ease pressure on money markets. Yet powell also signaled that while keeping the cuts on the table, they might not come so soon, especially given how he sees inflation in the country. Have a listen. In recent months, inflation has shown a lack of further progress toward over 2 objective and we remain highly attentive t...
July 3, 2024
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, th...
July 3, 2024
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, th...
July 3, 2024
Outlining plans to diversify away from china. A monday merger on tap and possible 4 billion vanilla cream filled deal. And instacart ready to kickoff the ipo, but appearing to be far from the hey day of 2020. It is monday, september 11th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Well welcome to the show. Im dominic chu in for Frank Holland. Lets kickoff the show with green on the screen with the nasdaq and s p coming off 1 losses last week, but for the time being, th...