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July 16, 2024
Good morning, it is midnight in beijing its 11 00 a. M. On wall street and squawk alley is live. Good friday morning welcome to squawk alley. Im jon fortt with carl quintanilla. Its the end of cloud week on squawk alley. What a week its been. They have brought news on custom chips, Machine Learning and more sales force announced plans to buy slack for nearly 28 billion in the second largest Software Deal ever. Weve had ibm and microsoft weigh in snowflake and others have turned in blah earnings ...
July 16, 2024
By 7 . Will rise the trade balance is expected to be at 53. 75 billion in u. S. Figures. In november, in terms of export, it is showing the overall chinese economy with the recovery story. The dollar index is flat. Sterling is under pressure. Go at 1837 u. S. Dollars. Lets head to new york and get the first word news with Karina Mitchell. Numbers continue to rise with President Trump revealing Rudy Giuliani has tested positive. The news reported you has been hospital. He the Administration Says ...
July 16, 2024
When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in gro...
July 16, 2024
87, the russell small caps up 20 , its best month ever can the run continue and moderna says its ready to file for emergency use while novavax announces a second delay in its late trials we have the details. P power lunch starts right now it wouldnt be a record rally if there werent some bumps along the way. Was today just a oneday pause or something more . Lets go to bob pisani for more. Hi, bob. Hello, kelly. It actual its actually not a bad day. We were down 447 points, weve regained almost h...
July 16, 2024
In washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan and the pressures continue to rise across the globe due to the pandemic swine flu and unpredictable weather well tell you what this could mean for those who are already struggling to get enough to we have a lot to get through to a lot of markets. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week end...
July 16, 2024
1. 8 trillion. And jobless claims disappointed the street coming in at 898,000. It was the highest rating since mid august. Rising coronavirus cases in europe and the u. S. Affecting sentiment. 59 minutes left of trade down only 23 on the dow. The european measures definitely weighed on european markets. We have improved since the european close coming up, we will speak with gregg lemkau about how the pandemic changed the m a landscape. Plus the ceo of zoom will talk about the companys efforts t...
July 16, 2024
Your record deal is 800000 businesses that have permanently closed their doors so unfortunately its going to be at least 2 years were getting back to we were and by the way thats if you believe the Prescription Drug hell. And a viable economy comes from or rolling trillions upon trillions of dollars and drinking it all right the number were looking at still its lower than a 1000000 that we were saying at the beginning of the pandemic but its still pretty high its just over 800000 still closer to...
July 16, 2024
This is boom bust the one business show you cant afford to miss unfair montecito in washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan to continue to rise across the globe due to the pandemic swine flu and unpredictable weather will tell you what this could mean for those who are already struggling to get enough to eat we have a lot to get to the law that starts. We begin today with jobless...
July 16, 2024
And maybe some headlines on stimulus before then hit a bit of a dip here dow down 150 or so. The nfl confirms covid cases among players and nonplayers with the Tennessee Titans. And governor comeau saying theyre now up 3 . We might start to talk about schools closing. Meanwhile valuations is where we will begin this morning as investors try to interpret data. The price to earnings ratio of a nasdaq 100 of the last ten years, the pe ratio, it is doubled and it is at that alltime high. As you see ...
July 16, 2024
I think it is a mistake that because we helped the wealthy we shouldnt do it. The reason they did it is because of that. If you dont lift up the economy, the people who suffer the most are the poor. The fed is thinking about how do we lift up the economy they shouldnt hurt a wealthy person to make them feel good. They are doing the right thing now which is to let them get through this there are going to be serious situations thats kind of a secretary dairy problem right now. We should get throug...