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CNBC Power Lunch June 22, 2024

Dow down 37 points and the s p nudging back up towards the flat line at 2066 and change and nasdaq in Percentage Points the big lieutenantser, down twothirds of a point. Seven of the sectors are low for the year including staples, i. T. , financial, industrials, utilities and energy rounding out the bottom of the pack. Both down more than 9 year to date. Oil getting hit hard again today before staging a bit of a comeback. There you see its got modest losses right now. West texas intermediate at ...
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BLOOMBERG Bloomberg Markets June 22, 2024

Economic earnings sent the indexes lower, facebook dropping 4 after it Second Quarter spending increase. Facebook really opening lower over the last two days. Whole foods is another loser after reducing its sales forecast. Lets move on to commodities. Nymex crude and brent moving a little higher. Brent a little bit more. They are still down again for as we have seen increased volume. Pimm look at this chart this is the biggest monthly chart. That is amazing. It is ugly and has changed a lot sinc...
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CNBC Closing Bell June 22, 2024

Media, all that coming up after the close tonight. Plus in case you missed it, former chair fed addressing. We have the sound for you coming up. Yes, well get responses to that as well. Oracle shares are down 11 this year so far. Jeffreys is upgrading that stock to buy with a 50 price target. You see the trading at 39 and three quarters. You have the analyst on oracle coming up moments from now. On markets today, the dow up four points. The s p higher. The nasdaq doing better up 20 points. Even ...
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CNBC Closing Bell June 22, 2024

Crude down 21 in july. That makes this the worst month since 2008. As you can see exxon shares down 4. 5 . Chevron down 5 today. Coming up. Labor posted the smallest increase on record in the Second Quarter. They started keeping the data in 1982. We will hear from somebody who predicts a september rate hike is off the table. We found somebody who said it may not be. Our segment which is taking a toll on the consumer. We will hear from Royal Caribbean ceo whose companys stock is hitting an alltim...
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FBC FBN AM June 22, 2024

Check u. S. Stock futures ahead of the opening bell. Were relatively flat. A great week for the stock market. Im Lauren Simonetti, joined by nicole petallides. Sandra smith is off today. Welcome to fbn am, the latest look at the markets, breaking news and what to expect for the day ahead. Aviation experts say the debris washed up on the French Island reunion in the indian ocean almost certainly part of a boeing 777. The wing will be brought to france to be analyzed. A piece of the suitcase was d...
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FBC Varney Company June 22, 2024

Abiden run all over the place this morning. And the president takes the war on coal to a new level. Hes going to kill it. Coal Company Bankruptcy beginning. Its supposed to be quiet, its not. Varney company is about to begin. First out of the gate look at the price of oil right now. 46. 30. Had been down to the 45 range a few moments ago. Crude is down 46 now, it was 62 in june. Now, look thats good news for drivers the price of goes keeps coming down and every day, down about a penny a gallon. ...
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FBC Varney Company June 22, 2024

The president s war on coal. How do you feel about it and do you have a voice . For the next few hours you will have a voice. Varney company is about to begin. All right. We are starting with oil and gas. The price of oil is bouncing back just a little today. With just under 46 a barrel, but thats relatively cheap. Please remember, a couple of months ago, oil was in the mid 60 per barrel range. Right, now youve seen oil and were finally seeing that steady drop in the price of gasoline that we ha...
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KQED Nightly Business Report June 22, 2024

On the changing ways people watch television. Time warner reported a strong quarter. And they werent concerned about cutting the cord. Still the market didnt buy it. Discovery also failed to impress when it missed both on earnings and revenue expectations. Investors were alarmed. Fears about cord cutting hit the sector hard with disney a dow come possibly faug more than 9 . Time warner off off the same almost. Discovery falling 10 . A Television Industry in flux. Media giants future may hinge on...
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KQED Nightly Business Report June 22, 2024

Reaction one that was focused on the changing ways people watch television. Time warner reported a strong quarter. And they werent concerned about cutting the cord. Still the market didnt buy it. Discovery also failed to impress when it missed both on earnings and revenue expectations. Investors were alarmed. Fears about cord cutting hit the sector hard with disney a dow come possibly faug more than 9 . Time warner off off the same almost. Discovery falling 10 . A Television Industry in flux. Me...
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KQEH Nightly Business Report June 22, 2024

Reaction one that was focused on the changing ways people watch television. Time warner reported a strong quarter. And they werent concerned about cutting the cord. Still the market didnt buy it. Discovery also failed to impress when it missed both on earnings and revenue expectations. Investors were alarmed. Fears about cord cutting hit the sector hard with disney a dow come possibly faug more than 9 . Time warner off off the same almost. Discovery falling 10 . A Television Industry in flux. Me...
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