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CNBC Squawk Box June 22, 2024

The government trying to prevent a collapse of the countrys markets which lost nearly 30 since june. The news helping to spark a rally today. A gain of more than 3 in shanghai and shenzhen we have seen the imagine higher by nearly 5 . Keep in mind you go down 30 you have to go up a lot more than that in order to recover. Heres the greek stock exchange. Market there open for a second straight day after its five week closure. Down by only 1 today after the big pummeling it took yesterday after reo...
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CNBC Power Lunch June 22, 2024

Thanks, simon. We begin this hour with trading troubles in the market. The three big areas were focusing on macro, fundamental and technical, and dominic chu will lay out the bull and bear case for each. Dom . Theres strong and theres a lot of them on both sides of the equation. Sure. Lets talk about the macro Bigger Picture scale first. First of all, you have at least whats perceived to be some economic strength or resiliency. Maybe not robust growth. Still, in the eurozone and the u. S. , yes,...
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CNBC Closing Bell June 22, 2024

Its up another half a percent. Well get disneys earnings after the bell today. Apple is thought of as sort of the lead dog. Its the Largest Company out there. I think disney is the company to watch these days. What a performance it has turned in. Meanwhile, aetna out with earnings this morning. Its getting a big boost from medicare and medicaid these days. We have a first on cnbc interview with ceo mark bert bertolini. Breathtaking consolidation in that industry. Really looking forward to that. ...
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CNBC Squawk Box June 22, 2024

Relationship. The compatibility of the dna troubles me. Youre an expert in molecular biology. I didnt even take it that far its just the whole idea. Lions and tigers dont go together. Frog thats this big how do you know . Structurally it makes it very difficult. I go back to the bee movie. I dont know if you saw when a woman fell in love with a bee with Jerry Seinfelds voice. That was not going to work. The husband was jealous and the woman was those cross species things dont work, as you know m...
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CNBC Closing Bell June 22, 2024

Today. This is the day, bill, people will look back on and remember. Disney seized a little bit in the earnings. As you can see there, disney shares down about 9 . Putting the cable bundle front and center after talking about espn. Not just disney. Other big media stocks falling today as netflix is hitting an alltime high. 21st century fox down 7. 5 . Time warner, not the cable piece, twx down 8. 7 . Comcast down 4. 7. And well debate whether its time for investors to get out of disney and into ...
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CNBC Squawk Box June 22, 2024

In a defiling that it now owns 7. 5 of the food giant which makes oreos, ritz crackers and wellknown brands. Whats unclear is what the investor wants to do with the company. Ackman wanted the snack maker to grow revenue or cut costs or sell itself. Mondelez, for its part says they will welcome them as investors in the company. Ackman joins nelson peltz. His firm holds a 3 stake in mondelez. Well show you whats going on now in the premarket trading as a result of this and you wouldnt be surprised...
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CNBC Squawk On The Street June 22, 2024

Bill ackman taking 5. 5 in mondalez. Those subscribers worries that originated with disney. A trio of stocks tesla, Green Mountain and fitbit, hit hard. Our top stories are mondalez shares spiking. Bill ackman disclosing that 5. 5 billion shake in cadbury. They welcome Pershing Square as investors and will continue to focus on executing our strategy as we look at another sector where mass sick consolidation is the play. We have been through airlines and health care. Now, it is food. We can remem...
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CNBC Squawk Box June 22, 2024

Expected to hold steady at 5. 3 marking a seven year low. Again the report will be released at 8 30 a. M. Eastern time and its one that the fed is watching very closely. The last jobs report before they try to decide if theyre going to raise rates in september. Welcome back. Thank you. We talked a lot about those rates. Weve seen lockhart say theyre going to do it. We had powell on who said still data dependent but a lot of people swinging toward september. Yeah, you called this awhile ago. Well...
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CNBC Squawk On The Street June 22, 2024

Reaction. Plus on media week selloff, subscriber losses, advertiser declines weighing on companies. And the morning after well recap the gops best debate moments last night, the big winners and the losers. First up, the jobs number. The u. S. Economy added 215,000 jobs in that month. Unemployment remains unchanged at 5. 3 . Weve been watching wage growth average Hourly Earnings up by five cents. Thats about 2. 1 on the year. Just a smidge below the estimates. The Unemployment Rates, 5. 261 is no...
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CSPAN Key Capitol Hill Hearings June 22, 2024

They could have been negotiated with. Here is what the groups on the ground tell us is actually happening in malaysia. In a press release, any upgrade of this juncture would be a hollow victory. The lives of untold individuals bear testimony that malaysia has yet to earn any upgrade. The uns special repertoire in trafficking in june of this year in referring to the same time covered by the 2015 tip report said the rate of prosecution of trafficking cases also remains very low, which perpetuates ...
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