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June 21, 2024
Tenyear yields around 1. 84. The euro on track for its worst month in two years, below 1. 12. More on that in a moment. Road map begins with u. P. S. Shares down sharply in premarket trade, after cutting guidance around the Holiday Season. Fedex down in sympathy. Mcdonalds shares rising in premark on the companys first samestore sales growth in the United States since 2013. And starbucks, record fiscal First Quarter results, in line with estimates. Chairman and Ceo Howard Schultz is going to joi...
June 21, 2024
Been doing this for a long time and i have been doing this since before there were laws in this space so there were some responsibility but in a regular talk i give to businesses right now is whether your data obligations because everybody has them now trade 47 states have passed certain data loss. Kentucky just past one this last month to come into the rest of the world. But its interesting, you have those in california has done things such as almost having a right to erase your past while on s...
June 21, 2024
121 points and s p declined. 5 and nasdaq advanced. Lots of people rang the register after four sessions of positive action yet we still saw two huge winners emerge. Starbucks up 5. 48 and honeywell up 3. This matters. Im a gigantic believer that a ceo can determine how well the company does by leadership and execution. Pete carroll from the seahawks and Bill Belichick can take their places where no one else has gone. Thats what they have done. These two companies delivered superior quarters, su...
June 21, 2024
1. 97. Our road map begins with a rally in the markets. Coming off a volatile day. Futures in the green. Adp numbers higher than expected as well. Jcpenney is feeling the holiday cheer. The stock is up nearly 20 in the premarket. Bill ackman is still unimpressed. The shooting at a paris office of a satirical magazine has left 12 dead. Well continue to bring you developments on that. First up, futures up sharply as the s p and nasdaq look to snap fiveday losing st the s p is in the midst of its s...
June 21, 2024
Split the ceo and chairman roles. Frederick keeps his job while Vice President steps in as chairman. Lets get out to one of our top stories today. Chinese stocks suffered the worst drop many more than six years led by the countrys three largest broke ages have been banned from opening new trading margins for three months. It follows a investigation into high risk activity. Joining us live from beijing on the latest. Hi. Thats right. It is driven by a crack down on margin trading here. The countr...
June 21, 2024
Looks set for a landslide victory in this weekends election. Uber waits to hear if one of its will be babbed as Global Expansion blocks hit a number of roadblocks. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And we have had the iea oil market come out in the last couple of minutes. Some headlines from that, they said the selloff in oil gained pace after the opec meeting on november 27th after they decided to keep its output target unchanged. Of ...
June 21, 2024
The dow climbed 110 points. Nasdaq surged 1. 18 to a 15year high so what exact slily is working . Lets look at the stocks that were. They tell the tale of the tape. And lets start with somebody we talked to last night. Start with John Chambers and cisco. If you go back to the 1990s, youll find one tech company that understood the year. It wasnt intel or microsoft. It was cisco. Thats because the iment net was just coming to its own back then. If you were running an enterprise, you wanted to get ...
June 21, 2024
Eastern time and mario draghi will hold a News Conference at 8 30 eastern time. The euro we saw 1. 5 yesterday. It bounced higher at 1162 and european stocks at least at this early hour they are relatively flat at this point the dow futures are up by 35 points. Nasdaq up by 3. The ecb is the talk of the down here in davos. Larry summers, and Goldman Sacks gary cowen all sitting on stage together. Expectations of a Bond Buying Program in europe already had an effect. She points to currency and wh...
June 21, 2024
Have been lost as a result of all of that. The biggest blizzard though turned out to be inside the New York Stock Exchange today. Well put. Take a look at whats happening in the market. We are geared up for a negative start then got a flurry of earnings. Caterpillar disappointing. Microsoft didnt help thing. Both stocks getting hit hard. Whats interesting, thats contributing to the dow being a weaker performer than the s p today. Its off 231 points. The s p mean while down less than 1 . So you c...
June 21, 2024
Rally here dow surging 260 points s p rising 1. 5 and the nasdaq gaining 1. 78 . Because mario draghi recognizes the low to no level of Economic Growth was just unacceptable. So hes throwing a trillion euros at the problem to stimulate the more abundant economies, even if it means taking down a lot of debt so more products can be sold overseas. Will it work . Oh for heavens sake who knows. The fact is six years after our central bank decided its not acceptable to have high unemployment, the euro...