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FBC The July 3, 2024

Exodus out of stocks. Note the nasdaq in particular, it is getting clocked right now, down 256 points or about 2 . Look at the vix, or volatility index, it is the vaulting much higher right now by 14. 33 . Just off the highs of the session here, it stands at 20. 14. We need to flag you that the dow has turned negative for the year. Now work with me here, a loss of 286 points or more at the close will do it. Right now we are well beyond that. We are losing about 457 points on the Dow Jones Indust...
Dow Jones Matt Gaetzs Capitol Hill Court Lower Lower Manhattan Labor Demand

KTVU KTVU July 3, 2024

A little bit of drizzle, a few scattered showers that could pass this morning before the system moves out, giving you a look. There at the dark start over oakland this morning where we are covered in partly clear, mostly cloudy conditions and you can see the drizzle there along the coastline and moving into the sierra snow falling here right about 6000ft. So that is also continuing for at least the first part of the day as this storm works its way across most of the Pacific Northwest and through...
Showers Pass Sierra Snow Pacific Northwest San Mateo San Jose School Pro

KTVU KTVU July 3, 2024

Police officer who died in an on duty crash, a Funeral Service for officer jordan wingate is underway at Three Crosses church in castro valley. Ktvu henry lee joins us live with more on how he is being honored this afternoon. Henry well, andre, Oakland Police officers were at this very same church just three months ago to honor officer twan ley, who was shot and killed during a burglary. And today the department again and mourning over the loss of officer jordan wingate, who died nearly six year...
Funeral Service Service Officer Three Crosses Henry Lee Oakland Police Oakland Police Officers

CNBC Mad July 3, 2024

Would have sold immediately and you wouldve been entirely wrong. Thats because metas billionaire rival reported two of the best quarters ive ever seen in ages. Bedding like mad on Artificial Intelligence and the cloud and search just like meta but theres enough business for all of them. Throw in some tepid inflation data that helps with the rate cut and the market just roared. The dow gained 155 points. S p jumped 1. 02 and the nasdaq searching 2. 03 . I like that. This was a good set up. May be...
Artificial Intelligence Rate Cut Bill Whitaker Many People Company Get Getting Better

CNBC The July 3, 2024

Alphabet well talk about that. And thats one stock defying the selloff today. Youre looking at it, up 6 . Up 600 in a year. One of our guests called it a top pick so we invited the ceo to join us, and he will for an interview, just ahead. We begin with todays markets and the not so pleasant markets and dom chu. Not so pleasant, but a lot more pleasant than they were a couple hours ago take a look right now. What we are seeing right now is the dow down about 1 to. 25 the broader s p 500 back abov...
Meta Platforms Chipotle Union Union Pacific Newmont Gold Rick Santelli Price Index

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CNBC Mad July 3, 2024

We got this weak Gross Domestic Product number, just 1. 6 growth anemic and a surging inflation number connected to the gdp up 3. 7 . Bad combo. Which is why the dow tumbled 375 points s p lost. 46 . Nasdaq dropped. 64 . Ive got to tell you it was much uglier at one point today. The dow was down almost double where it went out. As we heard all day about the Slower Growth and higher inflation and that meant the dreaded term stagflation and that environment is toxic for stocks the house of pain on...
Gross Domestic Product Slower Growth Top One Meta Platforms Artificial Intelligence Nvidia Broadcom

CNBC Worldwide July 3, 2024

In the works on the back of surging copper demand. Later, the white house announces another multibillion dollar award to another giant. Its thursday, april 25th, 2024 and are you watching Worldwide Exchange. Good morning thank you to much for being with us before we get start ed, a quick news alert the Biden Administration announcing a 6. 1 billion Funding Agreement with micron under the chips and sciences act. The deal will be in support of the construction of the facilities in new york and ida...
White House Us Get Quick News Biden Administration Funding Agreement New York

BLOOMBERG Bloomberg July 3, 2024

The stories that set your agenda. 100 dollars a barrel march continues as the u. S. Oil benchmark its a oneyear height with stockpiles and hitting one year at levels and fears around and inflation uptick are growing. Especially in asia where stocks are under pressure. On the docket german and spanish inflation data, one more puzzle piece on what the ecbs move might be on when traders bet on a rate cut next july. Plus italy plans to bring its budget deficit below the limit set by the eu but only ...
Rate Cut Quick Check Bond Market Guild Story Dollar Index Currency Pairs

CNBC Mad July 3, 2024

Where the hype is too great like when a goat was riding a s surfboard with a gopro on his head nine years ago. It was about to reach the high 90s before falling to the single digit within a year and a half. But to put it in my terms it jumped the shark. The dui advanced 87. The nasdaq where all the stuff is jumped 1. 14 . Actually i have to tell you its a big reason im out in the sa salesforce conference billing itself as the Worlds Largest a. I. Fast tool. When will Companies Stop rolling out t...
Nine Years Worlds Largest Companies Stop Lot Companies Stocks Companies Companies Pushed

CNBC Mad July 3, 2024

Where the hype is too great like when a goat was riding a s surfboard with a gopro on his head nine years ago. It was about to reach the high 90s before falling to the single digit within a year and a half. But to put it in my terms it jumped the shark. The dui advanced 87. The nasdaq where all the stuff is jumped 1. 14 . Actually i have to tell you its a big reason im out in the sa salesforce conference billing itself as the Worlds Largest a. I. Fast tool. When will Companies Stop rolling out t...
Nine Years Worlds Largest Companies Stop Lot Companies Stocks Companies Companies Pushed

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