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July 16, 2024
The last hour after fed chair Jerome Powell and treasury secretary Steven Mnuchin did the same in a hearing before congress. It comes as the cdc panel is meeting right now at this very moment to decide exactly who will be the top priority to get the first doses of the coronavirus vaccine. And then who gets to be in the levels after that. We are going to get you a live report. And one russell 2000 company is making a huge transformation from an Artificial Intelligence chatbot giant to the bank of...
July 16, 2024
White house and pelosi ibm reported after the close yesterday. Another hopeful update on the vaccine front. Modernas ceo telling the wheat journal his companys account to get emergency use authorization next month. 59 minutes left of trading up just shy of 1 on the s p 500. Coming up todays show, a nearby chopra weighs in on todays google antitrust suit from the department of trust we will ask him whether the government has a strong case against the company. Plus earnings. Netflix, texas instrum...
July 16, 2024
Stephen mnuchin speaking on the phone today regarding stimulus negotiations with a promise to speak again tomorrow and new york city is back in had the coronavirus spotlight. People refuse to wear a mask still to come, coming up on todays show, embattled e. V. Maker nick la with new lows. Well ask the former auto executive what it all means for nikolas pending deal with gm. Plus, well speak with the newly minted president of shopify about the run that stock has been on. Up more than 150 . Well a...
July 16, 2024
A lot of the focus has been on what mr. Powell said yesterday and what we heard from the fed. We are seeing a bit of Movement Across the board. If you look at some of the european stocks, they are actually retreating after jay powell highlighted uncertainty about the economic rebound. We sought asian shares falling the most in a week. Treasury yields, that curve steepening slightly on wednesday after mr. Powell stopped short of offering specifics on the feds approach to the monthly bond purchase...
July 16, 2024
From pfizer and after the aresa zenica coming up, the ceo of caesars will join us exclusively to discuss that partnership and the path forward for vegas plus, shares of Advertising Software Company Trade desk are up more than 50 on the year up more than 200 from the march lows were going to talk to that companys ceo, find out what that move is all about how they managed to outperform and whether the underlying business is looking as strong as the stock. First up though, lets focus on the big sto...
July 16, 2024
We are monitoring his comments right now for any news that breaks. We are on this event for you. Meanwhile, got to look at the markets. Kicking off the first trading day of september with new records for the s p 500 and the nasdaq, and the dow is back in positive territory for the year. We shall see if these numbers hold through the rest of the hour. You know, septembers traditionally the worst month of the year for the stock market. But we are going to ask our floor show traders if they expect ...
July 16, 2024
The nasdaq off 95. The dow off its session lows but still taking a hit today. The uncertainty boosting gold prices above 1900 an ounce. Take a look at gold as well. 1900. Okay. We will also take a look at johnson johnson, merck, fiedzer and fiedz pfizer and regeneron, on pins and needles awaiting the president s announcement. Lets go straight to Edward Lawrence for a preview of what we are expecting to hear. Reporter exactly, the president signing any minute an executive order that in one way wi...
July 16, 2024
Taking new steps to address income and equality and Environmental Issues and apples tarring 2 trillion stock getting a downgrade to fight through that record valuation. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening im Brian Sullivan you are watching cnbc. Futures are flat should pick up the next couple of hours well call it flat groundhog day for stocks on wednesday. Another day, another record. Six Straight Days of gains they went above 11,000 for the first ...
July 16, 2024
Prices double the last couple of months. We have seen demand picking up. Taking a look at other markets, the focus is on chinese equities. They have been fluctuating between gains and losses. The shanghai cob is lower. They are largely flat after what we saw on friday. State funds trimming their holdings. There was the big news of the haltingetf in china trading until 10 30 a. M. This morning. They are saying the warning of thiss involved here tracks some of the largest stocks in shanghai. Take ...
July 16, 2024
Florida sees its biggest oneday rise, some of hollywoods biggest names test positive. And chinasotest crackdown in hong kong seem to have spurred a reaction at the ballot box, voters have turned out in the hundreds of thousands. Lets look at how the week is setting up in asia. A pretty positive lead, asian stocks will keep the rally going. About half a percent after the u. S. Stock rally extended that weekly gain on friday. The s p 500 outperforming the nasdaq for the first time in two weeks. Th...