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June 30, 2024
These are your markets and we see a little pullback when it comes to european stocks, down by 0. 2 . S p futures gaining 0. 8 . The further correction we saw overnight is putting a little bit of anxiousness out there on the market. We spoke to a lot of market artisans and they say, look, it is too soon to see if the situation will stabilize. We will look at the opening of the was market to see if there are any tensions there. Its just too soon to make a call on whether or not the markets will be...
June 30, 2024
Related charge but excluding items earnings still beat the street cisco looks to s s to repatria billion in overseas assets ubers ceo plans to expand the Ride Hailing Service beyond cars he says uber is to cars what amazon is to book stores he believes uber could be a marketplace for other forms of transportation, including public buses and bike sharing programs. I was with him in davos, he was sharing this idea that you would take an uber to a train, and then get off the train an then get on a ...
June 30, 2024
David . David for now whats making headlines, we have kayley here with the first word. Kayley President Trump has set aside longstanding differences with former republican president ial candidate mitch romney. The president endorsed his run for a u. S. Senate seat in utah. Romney has been critical of the president but lens are trying to hold on to their majority in the senate. Meanwhile, President Trump is open to tightening background checks for gun buyers. The white house said the president ta...
June 29, 2024
Nasdaq had its ninth positive month out of the last ten. The worst performing sector, energy not a surprise given wtis performance, down about 6 thats the worst month for wti since march. As for the year so far, the nasdaq is leading the way. Its up more than 19 . The dow is higher by 11 the s p 500 is up by 10. 4 check the global markets. Things were kind of friendly in europe not much happening in the asian markets. Japan and the hang seng and shanghai european equities were more positive a ha...
June 28, 2024
Lets look at u. S. Equity futures. Yesterday the markets were weaker this morning things are mixed. Dow futures up by close to 12 points s p down by 2 points nasdaq down by about 15. In asia, the nikkei was down almost a percentage point. Same thing for the hang seng the shanghai was up by a percentage point the cac is down by 1 now. Ftse is down by a third of a percent. The dax is off by 0. 6 the tenyear note, the yield yesterday settled at 2. 15 this morning the yield is below that 2. 146 brea...
June 28, 2024
We have a grayhaired approval. Literarily, used by acts for days and phone for days before the internet. So i knew him over the years from the literary world and went on to work with him when i was running the World Policy Institute and he was at the National Think tank. We worked together very, veryk, close me on a number of projects. So ive had the pleasure also to read some of his earlier books, the world center, hes written seven of them. Ive always been so impressed by david because he asks...
June 25, 2024
Got every man in here wishin im sara eisen welcome to Worldwide Exchange. And im wilfred frost. Throwback thursday. This is a good one. This is a good one. From spotify throughout the show. Do not sing well. Lets get to the market action. U. S. Equity futures right now, of course yesterday a muted response to Janet Yellens testimony and lack of fed decision keeping rates on hold of course. And slightly down end of the yesterday. Slightly down in the pre market. Worth noting that of course yester...
June 24, 2024
Increase production to meet demand. Roadmap begins with shares of gap falling hard after the retailer reported slumping sales, stocks down more than 40 over the past year. Could it be time to buy . Allergan is on the move this after the companys Earnings Report and announcement of a 10 billion Share Buyback program. What is behind this big move . Well discuss. And valeants new ceo joe papa joined jim on mad money last night. Well see what he had to say about generating cash and buffetts right ha...
June 23, 2024
We can have tremendous gains like we had today. Hallelujah we know there are gigantic bets made against stocks at all times. When the bets work, they work big. But when they fail, the failure is spectacular. [ applause ] and the bulls trample those who try to profit from declines in stocks. The herd was thundering today all right with the dow roaring 321 points, the s p pole vaulting 1. 66 and the nasdaq screaming higher 1. 65 n. The last 24 hours we have witnessed some of the greatest short gai...
June 23, 2024
Some of the greatest short gains i have seen as well as downright disastrous bets against companies that manage to produce herculeanly fabulous results. Today it did so in breathtaking fashion. Before the winners and the losers let me say unlike almost any other time i can recall its the action of the panicked short sellers that are in charge here. They are controlling the prices you see. They are the ones who are moving stocks in either direction. Sure today we were helped by the European Centr...