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CNBC Mad Money June 22, 2024

68 points and the s p declined 22. 4 and the nasdaq fell fell. 70 . When it comes to everything from aerospace and elevators consumer packaged goods, coal oil and now computers and cell phones if its getting sold in china its getting obliterated i think china became the marginal buyer of everything the place where all hopes and dreams have come from in that thesis true or false is now fall apart because of that chinese stock market crash earlier this month. That was the sign that growth has peak...
New York United States North Carolina District Of Columbia New Jersey Jim Cramer

CNBC Closing Bell June 22, 2024

Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure w...
New York United States District Of Columbia San Francisco Puerto Rico M Jim Cramer

CNBC Squawk On The Street June 22, 2024

2. 25. And oil, as you see, still below 50. A move made this week as we watched the commodity complex come down across the board. The road map starts with amazon overtaking walmart in market cap after reporting a surprise Second Quarter profit. The shares up 20 in the premarket. Star bucks shares also higher ahead of the open. The coo told jim last night. And anthem agrees to buy cigna. The price and the release is 188 a share. In reality, its a bit less than that. Well get to that deal. We begi...
United States New York District Of Columbia San Francisco Saudi Arabia John Legere

CNBC Power Lunch June 22, 2024

Nasdaq at 5,120. S p 5002,087 and the russell down almost a full percent. But we begin now with the big deal in health insurance. It is official. An them agreeing to buy cigna for 188 per share in cash and stock. An enterprised are value of 54 billion. Straight to bertha coombs. Combined anthem and sigma would unseat United Health to become the largest u. S. Health insurer with 150 billion in annual revenues. More than 50 million members covering nearly 1 in 5 americans. Anthems ceo joseph swedi...
New York United States Antigua And Barbuda District Of Columbia United Kingdom Cook County

CNBC Fast Money Halftime Report June 22, 2024

Fiveday losing streak for stocks in some six months. Worries about chinas market meltdown and earnings here at home unsettling investors. Josh, is that really whats at play and what has more weight on the psyche of investors, or china . I think the china thing is really weighing on the psyche of investors but its important to keep in mind whats happening in china is really happening against the backdrop of a weakening picture for the market and the reason why thats important to people outside of...
United States New York Michael Jackson Ford Dupont Josh Brown Pete Najarian

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CNBC Closing Bell June 22, 2024

The ceo of boyd gaming will discuss where he sees growth. Today we have henry tao, steve grasso. Should we be as concerned over whats taking place in china . I dont think the u. S. Market should be concerned at all. In china only 15 of household assets are in the Chinese Market. People are not spending according to what they make in the chinese equity market. I dont think there will be any substantial impact on the u. S. Earnings at all. Do you buy that rick . Not even a little. I dont disagree ...
New York United States District Of Columbia New Jersey Atlantic City Perifereia Kentrikis Makedonias

CNBC Fast Money June 22, 2024

Ugly off 8 1 2 . Is the selling fully chinarelated here in the u. S. Or ocould there be something else, something bigger and deeper perhaps, guy . Lets start with you. Tim talking about china, i think it has a lot to do with china. When the markets down 8 on top of the moves weve seen over the last couple of months it has to have something to do with that but i also think its somewhat technical in nature. I think earnings have a lot to do with it. I think earnings have been okay but i think the ...
United States Hong Kong San Francisco Mike Kuo Evan Wilson Bob Iger

CNBC Squawk On The Street June 22, 2024

48. Road map begins with global head winds. U. S. Futures taking a hit as chinas market turmOil Continues. Seeing a little relief so far today and now investors turn their eye to the fed whose meeting kicks off. Big names this morning include ford, dupont, and ups. Merck reporting some mixed results this morning. First up futures rising as the s p looks to avoid its first sixsession losing streak in three years. Another decline in china. Shanghai down after an 8. 5 slide. Jim, you tweeted this m...
United States New York Avalon Bay District Of Columbia San Francisco Dave Cody

CNBC Squawk On The Street June 22, 2024

Twitter. Shares down 11 premarket after showing the worst growth rate ever. I spoke the outgoing Procter Gamble ceo yesterday. That coming up. Some disappointing guidance but first up twitter taking a hit despite beating expectations revenue up 61 in the user growth quarter. Interim ceo dorsey last night expressing his dissatisfaction during the Conference Call. Instant time lines and logged out experiences have not yet had meaningful impact on growing our participation. This is unacceptable and...
New York United States District Of Columbia San Francisco Walt Mossberg Brent Saunders

CNBC Closing Bell June 22, 2024

Former fed chair Alan Greenspan will join us. A new program were monitoring. That call and any news out of the Conference Call as he examines a tesla. Right now. Relatedly, we do have solar city. Did he help build those cars . Work on the Assembly Line . There are teslas everywhere in norway. One of the biggest usages hydropowered, as well. Its so interesting. So anyway we have earnings coming up here, as well. Earnings getting crushed after weak guidance on the companys Conference Call last nig...
New York United States San Antonio District Of Columbia Rick Reeder Kate Rogers

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