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June 24, 2024
And with the nasdaq in particular, we see a flip from positive territory off of two days of calls from monday. Down 1. 3. Accelerating losses by 1. 8 . Bloomberg so iy can show you the imap function. You can see all 10 sectors in the red, as it has been for most of the day. Telecoms ared down. Also take a look at what is happening with the majors here today. We have come off the positive territory. Less than. 5 . The dow jones Still Holding on to those gains by about. 4 . Lets look at what is ha...
June 24, 2024
,anager is betting on beijing 2016 will be good for china and investors will be sorry they are not there. Do follow me on twitter rishaadtv, and dont forget to include trendingbusiness. China, hong kong markets underway in 30 minutes. Lets have a look at what is happening. The day after the fed, and asian markets are liking the sense of patients conveyed in that policy announcement. Snapping three days of declines for most of these markets, i continued rebound in crude oil as well as basic mater...
June 24, 2024
Playing field when it comes to safety and safety recalls. Last were we succeeded in getting legislation passed in the Republican Congress to prohibit rental Car Companies from renting out cars that are under safety recall. So if you have a rental car company with a fleet over 35 vehicles, it is starting in june going to be a federal crime to rent out a car with an open safety recall. But taxicabs, limousines are regulated at the local level. I dont think they even check when they do the annual i...
June 24, 2024
I see a letter and i want it to be black and no colors that i want to turn black i see the girls standing there in their summer clothes i have to turn my head until my darkness goes good thursday morning. Welcome the squawk alley. Kayla tausche is live for us at 1 squawk alley and shes han a exclusive with jack dorsey on the closing bell, and meanwhile jon fortt and myself at post 9 and Henry Blodgett ceo and finder with insider h, and a lot to to get with us. And start with the alibaba shares a...
June 24, 2024
Growth and uncertain growth. The aussie dollar is falling sharply on that news. Australian stocks, on the other hand, rallying more than 2 on the news. In asia, japans markets were closed for the Constitution Day holiday. Chinas Managers Index shrinking to a 14month for its 14th month coming in below forecasts. A bit of a mixed picture. Shanghai compost up 2 . And hang seng almost the lower. All eyes on . Yeah, go for it. Moving forward, in pretty negative territory. And germany is lower than 2....
June 21, 2024
Up the c suite with ceo dan has he been replaced. Hessy being replaced. And Goldman Sachs and j. P. Morgan, according to regulate us, have not shown that they can collapse without causing Severe Damage to the economy. They are still too big to fail. And as i just mentioned, a morning of failed deals, both in telecom and media. Is someone who has had one of the most successful 10 years of any media company. Bob wright is the former chairman and cto of nbc universal. He is also the cofounder of hi...
June 21, 2024
Rise. Less concerned about as may have acquisition. Overpaying. A lot of the shareholders who own fox are shareholders in time warner. So while you want to high bid for time warner, you dont want fox to overpay if you own both of these stocks. People were expecting strong numbers out of time warner to so it could profits case. How is this for a good morning for you . Stocks down just before those earnings come out. And at the same time, rupert has a history of overpaying, right . When you look a...
June 21, 2024
And by the way, he wants to run for parliament, too. In motors, reserving a dinosaur from the golden age. What start off with everyone is talking about. Yesterday was not a good day to keep a deal on the table. Sprint once again set to end has0th century fox withdrawn a proposal to buy time warner. Sometimes you need to know when to walk away. It was Rupert Murdoch who forred to buy time warner 75 billion back in july. If you remember the time warner chief shut it down. After consulting with our...
June 21, 2024
Climate change. All Major Economies to be ambitious. All countries developing and across theo work divide for a strong Global Climate agreement next year. Next up for the president , he praised memoirs reforms. Theublicans race was too close to call last week. A runoff in louisiana next month in that last seat. The big settlement in that investigation, regulators in the u. S. And the u. K. And switzerland have ordered five bank to pay more than 3 billion. The banks include ubs, citigroup, royal ...
June 21, 2024
Avide so that we can have strong Global Climate agreement next year. The president is on his way to myanmar. A fascinating turn of events involving iran. Russia agreed to sell iran as many as eight new reactors. Russia has been pressing iran to limit its program. Allegations that it nuclear bombs. To monthlong ceasefire in ukraine is falling apart. Prorussian rebels are regrouping and mobilizing forces in the eastern part of the country. The government said rebels shelled troops 30 times yesterd...