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June 28, 2024
Good thursday morning. Im Carl Quintanilla with jon fortt, sara eisner and with us is henry blodgett. Amazon officially closing its acquisition of whole foods google and walmart are teaming up on a voice shopping nasdaq slightly up this morning looking to avoid its fifth negative session in six. A retail analyst on yesterday who called the day of that announcement amazon whole foods a day that will live in retail infamy now getting one step closer to theyre going to close this thing in the secon...
June 25, 2024
Street, the trading perspective. Roger from the economic perspective. Well bring you the results as soon as they are released. Kate kelly is standing by with all of that. How about twilio soaring on its debut. Its just under 28. Granted thats not saying much. But a hello they debut here for twill owe. Well discuss whether it could spark a new rush. Wow, did they leave money on the table. I dont know. In this climate . Priced above the range. Its the indication. Its a Business People can understa...
June 24, 2024
Debate on deck tonight. Europe with minor losses and claims were slightly elevated. Well get ism services in about an hour. Of course, were just a day from jobs friday. Energy pioneer Robert Mcclendon dies in a horrific car crash. This is a day after he had been indicted. Were going to go live to oklahoma. What jay my dimon told cnbc about the lie of hitz bank. Mitt romney is expected today to deliver a harsh set of words on donald trump, describing the frontrunner as a phony and a fraud. First ...
June 24, 2024
Good morning. Im sara eisner. And im wilfred frost. Right to the market action. Yesterday we saw slight declines. About. 2 for the s p. The dow called hired about 20. The s p 4 and the nasdaq by about 8 points, 2 points following some gains elsewhere in the world. Ten year phonote as well. Weve seen yields tick higher over the last ten days. Bang on now 1. 9 . Global stocks are moving higher in the early action. Ahead of Key Central Bank decisions and heavy earnings. Europe, earnings movers help...
June 21, 2024
Jobs number friday. Markets slipping after weak overnight data. Present hitting new fiveyear low. The dow as we said within nine points of 18,000 and retreating today. Merck buying cubist more than 18 billion and cash. Comments late in the hour. Mcdonalds delivers another weak number. Sales missed the street, down 2. 2 worldwide. More than that in the United States. Well get to all of that later on. But first up, dow and s p, each posting a sevenweek winning streak since late november of last ye...
June 21, 2024
Lot of movement there. Oil still in many ways, im going to say it, key to the market. Yes, yes. He agrees. Totally true. Im glad i i wasnt sure you would agree. There we are. Crude at 76, brent around 80. Big meeting this week. Big meeting this week as well. Our road map this morning and it starts with markets. S p looking to its 46th, 46th record close this year. The dow looking for its 29th. The nasdaq looks about 7 off an alltime closing high from march 2000. Yeah, i remember that. Gas prices...
June 21, 2024
Tenyear yields around 1. 84. The euro on track for its worst month in two years, below 1. 12. More on that in a moment. Road map begins with u. P. S. Shares down sharply in premarket trade, after cutting guidance around the Holiday Season. Fedex down in sympathy. Mcdonalds shares rising in premark on the companys first samestore sales growth in the United States since 2013. And starbucks, record fiscal First Quarter results, in line with estimates. Chairman and Ceo Howard Schultz is going to joi...
June 21, 2024
Alltime closing high. Plus, its cybervandalism, not an act of war, president obama downplaying his comments on that sony hack. Well show you the reaction from the ceo of Sony Pictures. And shares of abbvie getting a big boost in the premarket after the latest salvo in a drug pricing battle. Well explain all of the twists and turns. A holidayshortened week on wall street, stocks in the midst of a threesession winning streak. S p with half percent of its alltime intraday high. Yesterday the Saudi ...