Page 7 - John David News Today

Week the s p is tracking for a third week in a row of losses, down 1. 3 nasdaq futures up 73 points. Weve got a lot to talk about on a summer thursday. Our road map starts with earnings walmart posting better than expected results fellow down component cisco gets a lift, beating with its Quarterly Results and talking up a. I. Ceo Chuck Robbins will be joining us here. Plus, investors continuing to digest fed minutes released yesterday. The tenyear note yield hitting a fresh high were going to be...

Earnings season boost from cisco which is at the top of the i blue chips as you can see, up 3. 5 . Shares hitting a 52 week high after cisco reported a top and bottom line beat after the bell yesterday due to its enormous market share as well as future a. I. Opportunities at the company. Investors responding, up 3. 5. Walmart also smashing earnings expectations, raising its fullyear forecast as well. The retailing giant saying that bargainhunting customers buying more grocery staples as Househol...

If you bought it at four, thats the problem inflation wise, youre not necessarily down with inflation falling. You no he know what im saying youre going to make money because eventually theyre going to come down. Thats what i dont understand f youre telling me right now this isnt a good deal, youre telling me that im going to be able to get the ten year. Im telling you two things. Youll get your principal back and it is part of any diversified portfolio to have a large part in bonds where you kn...

You do have financials and Energy Taking up the slack to some degree. Inconclusive, indecisive action. Were 4 below the highs the treasury yields remain in fo focus. We did break out on tenyear yields above 4. 25 taking us back to 2008 the 30s are at 4. 40. Its a consistent story were pricing for a better growth economy, high real inflation adjustment yields. We can bet the economy can handle it or not plus a supply demand issue for debt. Look, the latest data is supportive of those higher yield...

Which shoppers continue to buy essentials even as borrowing costs rise and inflation pinches their budget chinese property crisis deepens. Another company with openings to the sectors misses payments. The latest investments from beijing straight ahead later in the show, its not just the cost of tuition that continues to go up every school year living off campus is creating sticker shock for students and their parents. It is thursday, august 17th, 2023 youre watching Worldwide Exchange right here...

This is bloomberg daybreak europe. I am lizzy burden in london. Wrestling bears, china delivers its strongest ever push back against a weaker currency, seeking to repair confidence as Developers Warn of mounting losses. Bank of america says investors should strap in the return of the 5 world as bond yields surge on bets at rates will stay higher. Plus, shot in the arm. Things get a boost as no fewer than 28 of them have said to be lined up for the arm ipo likely to be this years biggest. The mor...

Lackluster trading an ugly chart for the biggest in the market and shares have fallen 11 this month alone. Intel and microsoft also a drag today and its hard to get much going for the nasdaq as well given that tech slide weve seen and the continued march higher for yields take a look, the 10year higher again, pressed against its highest level since last october. It takes us to our talk of the tape state of stocks and why some say this correction is not over. New edges Cameron Dawson making the c...

Downs unless youve been living in a sealed cave, youve probably noticed that americas latest craze is disco dancin. This is punk rock, and its purpose is to promote violence, sex, and destruction, in that order. Pure rock n roll energy, pure guts, pure stamina. Rock singer jimi hendrix died today in london, according to a police source, from an overdose of drugs. Reynolds janis joplin was found dead last night. The cause of death was said to be an overdose of drugs. Jim morrison, the lead singer...

Moments ago. Its negative, but not as bad as earlier this morning the dow remains positive, up 92 points its being held up by United Health care and walmart, which is getting a lot of analyst love ahead of next week tech continues to be under pressure, carl as for the data flow this morning, its really been about two reports investors are focusing on, ppi, comes in a little hot a little it wasnt extreme, but there were some weird factors it like lea pointed out. Then we got the Inflation Expecta...

Is still under federal investigation. This comes after the two irs whistleblowers testify politics influence the doj decision throughout the biden investigation. The trouble does not stop there for hunter. His former associate devin archer is expected to sit for closed door testimony with the House Oversight Committee Committee tomorrow. Former National Intelligence joins me now, john ratcliffe, acting attorney from the great state. Welcomes john ratcliffe. It was a big week, something unusual i...