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July 16, 2024
Tomorrow. We will have our fed coverage as usual. Then onto an exceptionally busy end of the week. Theres no question about it, you wonder where this stimulus debate will be in washington by the end of the week and into the sunday talk shows. Jonathan 98 days until the election, you would think washington, d. C. Would get it together. Just as the economy starts to roll over, as that recovery starts to plateau, the collective will to do a whole lot more fades. That is the story, and it is always ...
July 16, 2024
Break down the key sticking points and a Worldwide Exchange exclusive ed morse making phone calls the investment is his best bet right now. Youll hear it here on Worldwide Exchange on cnbc good morning, good afternoon, good evening from wherever in the world you may be watching. From here in the states, im Brian Sullivan kicking off with the big blue. No real rbi today. Lets call this the rbi. Ibm is up some 5 in the premarket if the gains hold there on ibm and they may not if they do, that coul...
July 16, 2024
, stocks andcovery futures sliding after unexpected uptick in u. S. Jobless claims. Delay to the stimulus plan means one thing for markets. This may get worse. , china to the u. S. To close its consulate in chen u du. Mike pompeo calls the chinese president a true believer into italian totalitarian ideology. Delay, thisuction follows big drops in microsoft earnings despite solid results. We are an hour from cash equity trading. You can look at drops of more than 1 acrosstheboard in european futu...
July 16, 2024
Intel is the story the margin story, the share loss or more. Looking forward to getting some more detail and clarity from the ceo of intel that will join us in just a few minutes. This is not all bad news there is a beat on the top and bottom lines really the focus is on manufacturing which is, you know, for generations literally it has been one of intells hallmarks and advantages now the manufacturing job not like i have seen ever in the period that i have been covering the company. Yeah, and j...
July 16, 2024
He c. E. O. Of verizon, Hans Vestberg as we proceed throughout the hour. Francine european economies are starting to claw their way out of recession and we had encouraging p. P. I. Physician and the confident p. M. I. Jumped to 54. 8 with the services and manufacturing sectors expanding. Joining us now from paris is william, the Bnp Paribas Group chief economist. It feels like this was a good week for europe. We have the p. M. I. More than expected and the Recovery Fund. If you look at job losse...
July 16, 2024
On the dow. Stocks now on pace to finish the week in the red. Those big name tech stocks we follow so closely every day, down again. We have news of a possible delay of the new iphone and apple was responsible for yesterdays market selloff as well. News on the virus. President trump says now is not the time to be holding a big event in florida, canceling the jacksonville portion of the Republican Convention. The rnc will join us in the 11 00 hour to talk about that. To chicago, where two Christo...
July 16, 2024
Industry and the government isnt even picking up the phone. Already strike two for baseball the season just hours hold this is tuesday, july 28 on cnbc good morning, good afternoon, good evening im Brian Sullivan good Tuesday Morning will today be a follow through like everything did on monday. It is early. Dow futures are up about 33 points stocks and gold rising gold adding 2 highlighting up another 8 yesterday. That is a new record high for gold 1,931 an ounce check the etfs that track these ...
July 16, 2024
You could have picked any number of days to make this kind of call. Why was today the day you did it the stocks had a tremendous run, as you just we wanted to get through earnings to make sure our thesis didnt change. Our price target was 900 coming out of earnings and our perspective is the stock seems to be trading in the 1500 range which we find very difficult to justify unless we really make huge assumptions at this point were not comfortable making those assumptions. You admit today that tr...
July 16, 2024
Since march 20th microsoft is in midst of its second negative week in a row. Amazon is positive for the moment if it closed lower it will be the fourth straight negative session. Facebook, will have its fourth straight negative session as well also pacing for the worst week since midjune are we at a tipping point, pete, for some of these big tech names . I dont know that i call it a tipping point. I think id sort of more tab this something of little bit of a rotation i dont know how long that wi...
July 16, 2024
Hour, and we will also head to Wrigley Field as the return of baseball is expected to bring Big Television ratings on pentup demand for live sports Brian Kilmeade is joining us with that cant wait but first to our nations capitol and questions over getting backtoschool. New cdc guidelines seem to favor a full reopening, this as President Trump is acknowledging that some schools may have to delay opening their doors in the fall. Fox Business Correspondent ed lawrence on the debate over getting th...