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BLOOMBERG Bloomberg July 3, 2024

Welcome to daybreak australia. Im haidi stroudwatts in sydney. Time Annabelle Droulers in hong kong. We are counting down to asias major market opens. Shery fed chair Jerome Powell signals rates will stay on hold while leaving open the possibility of a neuter hike. It does not feel like policy is too tight right now. I would say the evidence is no. Haidi traders digest remarks in the potential escalation of the conflict in the middle east. The s p 500 notching its Third Straight loss and 10year ...
Annabelle Droulers Major Market Jerome Powell Third Straight Straight Loss War Gaza

CNBC The July 3, 2024

Killer or catalyst for Language Learning Companies . The ceo says hes welcoming it with open arms and joinstous make his case. Lets start with dom chu with the numbers. So if you talk about lets just bring in the headlines. 40,000 for the first time ever, rarified air. Im going to take you through the charts in a couple seconds here, but im going to put the stars up off the bat. We did hit rarified air, record highs for all three indexes, the dow, s p, and nasdaq. The dow above 40,000 at one poi...
Language Learning Companies Dom Chu First Time Price Point Good Things Wall Street

CNBC Fast July 3, 2024

Bull and our own tesla bear ready to drop the gloves on where the stock is headed next. I had no idea he was bearish on tesla. Im melissa lee coming to you live from studio b at the nasdaq. We start off with Jerome Powells pivotal speech here at the new york economic club. The fed chair hinted hes ready to pause rate hikes for now, saying the committee is proceeding carefully. But at the same time, powell also kept the door open for a move in december and beyond. And he added that while recent i...
Melissa Lee Jerome Powells New York Rick Santelli Problematic Companies One Day

CNBC Squawk July 3, 2024

S p 500 up 3. 5. All of this coming after the major indices closed at record highs. Dow up 55. The nasdaq and s p gaining 1 . Treasury yields with the tenyear yield at 4. 33 . That was fast. Lets look at the meme stocks. Well see. It could come roaring back. Gamestop now down six. It was more than double that. Amc is above the recent lows. Gamestop and amc fell during yesterdays session. Amc, as it has in the past, took advantage of the rally. Announcing a debt for equity stock. It completed a s...
Debt Equity Stock Sale Warren Buffett Warren Buffett Berkshire Warren Buffett Berkshire Hathaway Buffett Berkshire

CNBC Squawk July 3, 2024

The retailer sees some booming ecom sales. And of course buffetts big surprise, revealing a secret Minority Stake in one of the markets biggest insurers. S p closes above 5,300 first time and the dow does inch closer to 40,000, jim. You said this morning, overbought, but things can remain overbought for a while. When it gets this overbought, when theres so many different buyers, and we have had this a couple times, bill paul does the great work for the oscillator, you can actually have a sustain...
Minority Stake First Time Bill Paul Home Depot Service Inflation Start Talking

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KGO ABC7 July 3, 2024

Rolling out the red carpet for a chinese influencer. As our media partner, the San Francisco standard shares a new campaign to bring back foreign visitors. But first, a potential new solution to the housing crisis in berkeley. The city is poised to become the first in california to let residents sell their adus, or accessory dwelling units, as condos. Youre watching. Getting answers. Im kristen sze. Thanks for joining us. With california facing a severe housing crisis, the city of berkeley is re...
Red Carpet San Francisco Bring Back News Reporter Lena Howland San Mateo

CNBC Street July 3, 2024

And in the luxury share, shells in bur berry sell off like theyre going out of fashion. They post a 34 drop in quarterly profits, the ceo warning of weak demand in key markets. And mixed fortunes for europes lenders as they post a 6 share but the bank posts a drop. President trump hitting china with new tariffs. The white house is sending a clear message to beijing. The message to them from us would be the same message they would give us, which is were going to protect our workers, and were goin...
Share Bank Bank Posts China New White House Million Barrels First Quarter

CNBC Squawk July 3, 2024

That macro picture. Consumer prices down. Retail sales flat. Jamie dimon calls on the u. S. To get its fiscal house in order. Plus the intensifying a. I. Race. Google is rolling out its most powerful a. I. Assistant yet. And a Bipartisan Senate group out with a new report on how best to regulate the technology. Sara eisen is live from jerusalem, speaking oneonone with israeli Prime Minister Benjamin Netanyahu. Lets get to the cpi print. As we pointed out, 3. 6 core year on year, jim. More than h...
Bipartisan Senate Bipartisan Senate Group Senate Group Group New Prime Minister Things Food

CNBC Squawk July 3, 2024

Highest level since 2006. So were going back an additional year than what we have been looking at recently. 2year is down 5. 18. The 10year note is yielding 4. 8 and the 30year has ticked a little higher at 4. 95. Meantime President Biden landing in israel early this morning and met with israeli Prime Minister Benjamin Netanyahu. Nbcs jay gray joins us this morning from tel aviv. Jay. Reporter hey, there, good morning, guys. Yeah, the president meeting with Benjamin Netanyahu as you talked about...
President Biden Early Morning Prime Minister Jay Gray Benjamin Netanyahu Islamic Jihad

CNBC Power July 3, 2024

Protect the u. S. Auto industry. It may have progress toward an all electric market. But, first to check on the markets in the av space. Neo shares are up on an upgrade from j. P. Morgan. This one is getting lots of attention lately. Not just rallying this week. Hitting a record high, interesting massive volume and interest. The meme stocks pulling back today. Deep into the red. The data change losses driven mostly on news. Issuing 23 million new shares. In the magnificent a 70 tf hitting is hig...
P 1 Record High Inflation Report Investment Officer Senior Vice Senior Vice President

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