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July 16, 2024
10 in its debut, valued at 1. 9 trillion the largest listed company in the world. Plus, the fed and a trade waiting game stocks poised for a muted open as investors seek further tea leaves on trade and the fate of monopolies arent bad if they are not abused tim cook coming to the defense of business but said apple isnt one. Saudi aramco strong public debut. Shares jumpedon the open, the maximum 10 on the Stock Exchange in riyadh limit up. The state owned oil giant is the worlds most valuable com...
July 16, 2024
Congresswoman Maxine Waters called for the social network to stop development immediately. Says narrow link has successfully in place wires into its brain and enabled a control a computer. First, netflix tumbling after the streaming giant reported a loss of u. S. Customers for the second quarter. Netflix that it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining...
July 16, 2024
Maxine waters. Mind games. Technology can read a rats mind. Goal, human. First to our top story. Netflix tumbling after the streaming giant reported a loss of u. S. Customers for the Second Quarter. Earnings renewing prospects. Netflix says it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael and bloombergs l...
June 25, 2024
Two weeks. Energy stocks are popping. As a result today, theyre not taking the stock market with it. Well tell you whats behind the move coming up momentarily. And bank of america ceo telling cnbc this morning, the customer looks strong in august. Tell that to some of the Grocery Stores and food distributors like supervalu, which is getting smacked today. After the bell, the ceo of allergan will explain why hes coming out with a major stand against drug price increases. Thats a cnbc exclusive wi...
June 24, 2024
Coming up, two guys who are facing off each other in the ring when it comes to puerto rico. Jim millsteen, renowned restructuring attorney, advising puerto rico. Well talk to him about puerto rico. He was at treasury during the financial crisis. Knows a lot about that is go on with the European Banking system. Well discuss that with him as well. And ambac could lose a lot of money if jim millsteen gets his way. Well talk about that coming up. What is happening in puerto rico, guys, emblematic of...
June 24, 2024
Many earnings. We are seeing the nasdaq with the lows of the session with the facebook effect dissipating. It was off slightly lower. All three major averages now the lowest of the session. Unless something really, really dramatic happens in the next 24 hours today we are matching the secondlongest bull run ever for u. S. Stocks. Tomorrow we will have surpassed it and be the secondlongest bull run ever. Here are the longest. The white line is the current run we have had a goes back to march of 2...
June 23, 2024
I will speak with pandoras founder. Congress asks to take a look at two Fantasy Sports unicorns. Will draft kings and fan duel survive the scrutiny . To our lead. Dell in talks to buy the Enterprise Storage system company, emc. A deal may be completed as soon as next week. But it would be pricey, complicated. Dell is speaking to banks about raising 40 billion to finance the purchase. It would involve taking emc private and taking over the controlling stake in vm ware. Why do it . A deal would un...
June 23, 2024
Look at two Fantasy Sports unicorns. Will draft kings and fan dual survive the scrutiny . To our lead. Dell in talks to buy the Enterprise Storage system company, emc. A deal may be completed as soon as next week. But it would be pricey, complicated. Dell is speaking to banks about raising 40 billion to finance the purchase. It would involve taking emc private and taking over the controlling stake in vm ware. Why do it . A deal would ignite you would unite two companies coping with slumping dema...
June 23, 2024
Unicorns. Will draft kings and fan duel survive the scrutiny . First, to our lead. Dell in talks to buy the Enterprise Storage system company, emc. According to people familiar with the talks a deal may be , completed as soon as next week. But it would be pricey, complicated. Dell is speaking to banks about raising 40 billion to finance the purchase. It would involve taking emc private, and taking over emc is emcs controlling stake in vm ware. Why do it . A deal would unite two companies coping ...
June 21, 2024
The greek government is obviously still working, which is understandable if you think how few days this government has been in office. We shall wait for proposals and we will enter into talks with them and there will be sufficient opportunities for this. I dont want to comment on every single opportunity bandied about. A person familiar with the matter says they are willing to wait until greece faces a cash crunch, giving them leverage over the antiausterity government. A deal is up in the air w...