Page 3 - Large Cap Technology News Today

And welcome, everyone, to power lunch. Im Tyler Mathisen glad you could join us on a summer monday. A new trading month, a new half, and record highs for the stock market, but were off the session highs, as melissa just mentioned. The dow was up 290 points earlier. Apple leading the dow, boeing, the biggest dragger. And chip stocks soaring on that trade truce. Kelly. Tyler, thanks the rally is losing steam. Lets get to seema moda on the floor of the New York Stock Exchange with more on the actio...

Investments in three sectors, semiconductors, quantum computing and Artificial Intelligence the order will prohibit investments in some forms of those technologies and require americans to disclose investments to u. S. Governments in some cases. And you know the one thats not necessarily going to be included which tiktok. Thats your thing. Its not been my thing. Its been the National Security thing. Right. For so long. But no action taken yet bipartisan cause, problem. It should be. Im not sure ...

Data. And with the major indices heading new highs, trading some of the busiest gainers. And before that, we start with todays markets and dom chu has the numbers. Generally a positive week but moving not a lot. Ill show you what is happening with the broader s p 500 which is just a hair below 5300. Just about flat on the session. Again, we were up maybe around 8 points at the highs answer down maybe 6 to 7 points at the loews. So it has been very tight in terms of trading range. But coalescing ...

Two areas of tech doing two distinctly different things. Youre getting buying on the dips in mega cap and selling in the more growthy, high beta type ecommerce names, roblox, shopify, palantir, airbnb, match, uber. All of those are down reasonably significantly, certainly at the top of the list since they reported earnings. All of those mega cap stocks are up week to date. Ask yourself the question, whats the difference between the growthy mid and Large Cap Technology names you just cited and th...

Names like cocacola, pepsi, hit especially hard. We will focus on all of the green because thats really the story today. Nasdaq, another spot to take note of today. The outperformer as well this week. Even apple up nicely despite the midweek downgrade a strong week for alphabet and nvidia as well. Take a look at those three, having pretty good gains. Leads us to our talk of the tape. Whether the storm clouds for stocks are about to pass, as earnings season kicks off in earnest next week. Lets as...

Lets bind them to these international institutions. That in turn will help us get what we need. The administration is saying these things did not work. We see Vice President mike pence speaking in the Ronald Reagan building in the International Trade center, which is just a few blocks away from the white house. Staying with you, net. In terms of people wanting to see something out of china why is the white house choosing to call china a strategic competitor at this moment . To push beijing to do...

Lacqua. Stoxx 600 down by. 5 . It is down for a third day. Seven investors mulling over the staffing of the tax cut that took place yesterday by the house of representatives. German 10year yield continues its recent two basis points higher today. We have had a number of factors boosting germany across core markets. It is ecb hawkish commentary. To take account of dollar yen up by. 1 . Dollar is rising for third day against the boj, maintaining its policy start. Governor kuroda says there is the ...

Were they up, you ask . Lets take a look. Yes, spain and italy, i always like to see the ftse over in the uk, wilfrieds home, the only one that is up this morning. The big outperformer this month as well. Playing catchup for the year more than any other specific factors. But its been a good month the rest kind of flat for the month. Lets take a look at the tenyear yield and of course, oil Oil Important yesterday. Having climbed above that 60 mark for wti you can see its slightly below. Lets call...

9th, that crazy friday, our reporters are standing by breaking down the market since then Bertha Coombs and bob pisani i think the important thick is weve seen quite a recovery in the markets but not for everything let me show you a few charts jpmorgan, a big recovery remember what happened on february 1st it was like 117 then goes down to 104 on the 5thand its com back around 116 thats a roundtrip. Also boeing another big one, 357 on february 1st 317 on the 5th. Thats a 40 drop, back to where i...

Sometimes people have a difficult time doing that but a few months ago the premiere said he didnt want to see a devaluing at all this year. Now down by 44 points. S p futures off by 4. 5 and nasdaq down by 10. Cac is off by one third of a percent. It didnt beat forecast reven revenue above projections. There was a 3. 5 jump and the Home Improvement retailer raising its fiscal 2015 sales and Earnings Guidance. Brian joins us in a few minutes to weigh in on the latest results but u. S. Comps were ...