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June 25, 2024
Minutes into the trading day. Lets head straight to the markets desk where shery ahn has the latest. We are seeing u. S. Stocks finally add offensive and gains auto after declining for consecutive days. And they are now emerging from a threeweek low. Up. 3 . 500 is the nasdaq is also gaining. So we have seen the s p 500 slump. We have seen the longest losing streak since february. We are out of that. Take a look at the imap function on the bloomberg and you can see what sectors are gaining finan...
June 25, 2024
This is bloomberg surveillance. We have a lot of news out. There is a new poll out. And we need to focus on bronze. An it has been extraordinary 20 four hours in finance and american politics in general. Lets get to the bloomberg first word news with taylor riggs and breaking news. Yes, we are following that news, a new Bloomberg Politics National Poll Shows Hillary clinton maintaining her lead over donald trump. Candidates, her lead goes close to the margin of error. Donald trump was in North C...
June 24, 2024
Ups, we saw safety stocks but you can see the headline market moves not that dramatic. That is something we will be watching for. When you look at the big mover, cocacola was the biggest drag on both indexes. It fell as much as 5. 5 , about 18 months were 18 months worth. Exceed analystt estimates. Investors want to see more evidence of a turnaround and did not edit from the latest set of results. Andut its year to date gain half and is only up 4 . Joe we keep saying this every day new lows in j...
June 24, 2024
Exchange. Donald trump and Hillary Clinton move closer to securing their partys nomination for president. Clinton winning seven states. Bernie sanders taking home four super tuesday wins. Instead of building walls, were going to break down barriers and build [ cheers and applause ] build ladders of opportunity and empowerment so every american can live up to his or her potential. Clearly going after trump there instead of sanders. On the republican side, trump did turn in seven victories last ni...
June 23, 2024
Are among the Companies Reporting results before the opening bell today. After the close, well be hearing from ebay, facebook, and qualcomm. Take a look at the futures. After a strong day yesterday with the dow up 282 points, you can see theres some giveback today. Dow futures down by about 76 points. The nasdaq down by 35. Oil prices are coming under some pressure too. A lot of people are going to be paying attention to apple this morning. Earnings coming in at 3. 28 a share. That was 5 cents a...
June 23, 2024
Good morning. Welcome to Worldwide Exchange here on cnbc. Im sara eisen. Im dominic chu sitting in for wilfred frost today. A flood of Corporate News this morning, including that mega deal for syngenta. Plus, shares of chipotle are getting hit hard. Its now a subject of a broader criminal investigation. Well have the full story in a few moments. Boy, did that stock collapse over the course of the Conference Call yesterday. Absolutely. You can see those shares down about 5 in the premarket trade....
June 21, 2024
Gasoline demand is down from its peak and is likely to decline even more as vehicle fleet becomes more efficient. In addition to this trend reversal, International Oil production is less concentrated. Opecs share of production is down from 53 to about 35 . The existence of all contracts on the futures markets development of benchmark crude oil pricing and the availability of basic data from eia created by congress in 1977 have all brought Greater Transparency to the oil markets. As described in ...
June 21, 2024
1970s. But this isnt the 1970s. One of the key questions he already asked. What would happen if we are repealed the ban . What would happen to domestic gasoline prices . I havent seen any study that says they would go up. And, you know, the reverse question would be what would happen if we dont . What happens to Domestic Oil Production in the midterm and long term if we keep the ban in place . The key issue there is the market for domestic crude oil. U. S. Refinery capacity, i think, is around 1...
June 21, 2024
Conditions to congress should consider . Its a great question. The reality is as my testimony stated, we just dont know enough about the height tight oils that are coming out of america. What we do know is like i said theyre lighter oils. Refineries are set to run heavier crudes. Were setting ourselves up to be a refiner as we export possibly if theyre not flaired, lower gas leans to others. Control what were doing what handing off our oil. Think are real questions from a climate perspective. Wh...
June 21, 2024
World is so poor, when just one week of military expenditure can bring all children to classrooms. I refuse to accept that all the laws and constitutions and police and judges, are unable to protect our children. I refuse to accept that the slavery can be stronger than freedom. I refuse to accept here. My only aim in life is that every child is free to be a child. Free to grow, free to eat, sleep, and see the light. Free to love and laugh and cry. Free to play and learn. Free to go to school. An...