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June 21, 2024
Nasdaq,. 68 . Most nonprofessionals dont necessarily understand all the ways that stock can go higher. Sure, sure, they understand when a Company Reports sales and urge that the analysts will raise their earnings and boost their ratings. Incites more buying and less selling and a higher price. This he understand if the company gets broken up into little pieces like sarah lee, fortune brands, conico. They are much easier to understand than unfocused con glam mer ats. Much easier to buy than for c...
June 21, 2024
The tenyear yield up to 2. 12. Well get ism services in an hour. This is very big day. Well start with disney. Disney shares are rising precip precipitously premarket. Higher revenues at its theme park. Joining us for an exclusive interview the chairman and ceo bob iger. Great to see you. Thanks jim. Good morning. I feel like i have to do a congratulations. I think you are going to hear a lot on your conference call. Marvel franchise, parks and resorts, which were the ones that drove the earning...
June 21, 2024
Jcpenney, shake shack leading the charge. Numbers to watch for, deliver those the moment they hit the tape. Break them down for you, look at outlook, and the market response. All coming up here on closing bell today. Meantime more questions than answers following the deadly amtrak train crash in philadelphia. Well speak with rail refegsles and senator tom carper what can be done to fix the crumbling infrastructure bill. Ironically its infrastructure week. The house was scheduled to vote on amtra...
June 21, 2024
48 was the intraday height that it hit. The closing high was 5,042 back in march. The apple watch watch continues with orders reported at over 1 million on day one. They sold out in a couple of hours online. I think it was 1 million watches. You said dollars. Did i say dollars . Its a mistake we make freely. What will be the real big seller for the bottom line . This would be the new mac book. Yes. Very thin starting at 1,300. Some think that this could be a major driver for apples profits. That...
June 21, 2024
Now shareholders of kraft will get that in the form of a dividend worth about 27 of the shares of kraft right now. I believe thats what it is. 16. 50 is the number we were hearing before this crossed the tape. 27 , youre right. We believe that equates to 1650 as we speak. I have props guys this morning just to show everybody sometimes you try to figure out what these deals actually mean. This is what it actually means. You have planters did you get this all out of your of course the ketchup, Eve...
June 21, 2024
At Country Music awards more than 70,000 fans back the at t stadium in texas. That broke the guinness book of World Records for the most attendance at a live award show. She took home three awards. Luke bryan won the entertainer of the year award that is voted on by fans. Lets get you up to speed in the markets. Check out the futures board. This morning, the futures actually indicated up by triple digits. The dow looking at a gain of 120 points. S p futures up 12 points and nasdaq up by 23. Weve...
June 21, 2024
30year is now the steepest weve seen since last november. Something well be talking about coming up. The first thing i noticed is the level today, 2. 6 . Some big moves over the last couple of trading sessions. All of that coming up, also making big move zillow the real estate upgraded. Should you make a bid on this hot sale . Or is it actually time to sell . Plus the new king of saudi arabia numbering president obama by cancelling plans to visit the white house this week during that summit meet...
June 21, 2024
It starts with a mixed quarter for hewlettpackard. Hw Ceo Meg Whitman will join us exclusively in a few moments. Weve got gap, foot locker aeropostal and ross stores. Jim will weigh in on all of those. Uber reportedly seeking a 1 million loan from a series of banks. Perhaps it means an ipo not that far away. Hewlettpackard reporting Quarterly Earnings above expectations. Revenues were shy of consensus. The company gave us more insight into the upcoming separation which will cost billions, but wi...
June 21, 2024
Outbreak . We speak to the companys ceo, coming up. Also lyft you know, lyft are raising another 150 million right now, the majority coming from carl icahn. Coming up well discuss how much this cash and icahns name can help lyft compete with uber. More of those puns are awaiting us. The story today, bill that has everybody talking from Silicon Valley to back here on wall street. What are carl icahns intentions and what does it signal about the prospects for these two in the markets . Exactly. Th...
June 21, 2024
Draghis News Conference. The European Union filing anti trust charges against google. Earnings, bank of america missing. First up a Stunning Development at the ecb News Conference after president mario started speaking he was interrupted by a female protester. Take a listen. This is immediate coverage giving the protester everything she wants. They left rates unchanged, guys after the first month of qe running at 60 billion euros a month. I have to tell you. Yes, those are pyro techniques no dou...