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June 30, 2024
Josh lipton will cover apple for us josh, what are you looking for kelly, here is what the streets going to be looking for from tim Cooks Company after the close here earnings per share of 3. 86. That will be on revenue of about 87. 28 billion that will represent gains of 15 and 11 . Iphone units, 80 million with an average selling price of 756. Key metric for investors, march revenue guidance, the street expecting 65 billion, meaning a jump of 24 . Apple stock is about 7 off that recent high we...
June 30, 2024
Jumping 2 , declining to that sort of magnitude in germany, for the euro stoxx 50 itself in belgium, also lower today. We had one day of respite yesterday, but the trend is right much a downward one. Sterling on the rally today, up by 8 10 of 1 . Mark carney saying that u. K. Interest rates may need to rise at a steeper rates in originally thought to prevent the brexit weakened economy from overheating. They 77 chance of a a high before the announcement. Look at on yields rising today, the u. K....
June 29, 2024
Its currently sitting above 45. And the standoff, mandy. Standoff or standdown. Big one today. Still positive. Lets get right to the New York Stock Exchange and get filled in by bob pisani. Bob. We were hoping perhaps when you close wed see moves on the upside. Nothings happened. Lets take a look here. A couple of big headlines. We were there at the open. Thats where we are at the day. Vacuum volume is on the heavy side. No light august trading days in the last couple of days and the volatility ...
June 29, 2024
Than annihilated overnight. U. S. Futures surging after Chinas Central Bank announced they are going to a similar jump in futures after china announced a rate cut but that 441 point rally in the midday session was wiped out by the end. The blue chips closing down 205. The s p has lost 2 trillion in market cap over the past seven sessions. You did not like yesterdays open. Do you like this one in. I think there will be a better time if you want to buy. I think there have been some bargains create...
June 28, 2024
Announcer this is nightly Business Report, with Tyler Mathisen and sue her slow start. The economy is limping along at its slowest pace of growth in three years. So why arent economists worried . At a crossroads. Exxonmobil and chevron report solid quarters. But not everything is turning around for big oil. At odds. Lawmakers avert a Government Shutdown, for now. But another budget battle may just be starting. Those stories and more tonight on nightly Business Report for friday, april 28th eveni...
June 28, 2024
Announcer this is nightly Business Report with Tyler Mathisen and sue herer surprise decline. Shipments of apples flagship product, the iphone, fell, rambling up pressure that its next model be a blockbuster. We will work incredibly hard to reearn not your business necessarily, but your trust. Uniteds ceo apologizes again for that infamous incident last month when a doctor was dragged from his flight. In lawmakers made clear that either he fixes the mess or they will. Deep cuts. Kansas slashed t...
June 28, 2024
Yesterday. David time for the morning brief. Apart from the all important fed a. M. Steven 8 00 mnuchin speaks at the independent Community Bankers capital summit. We will get adp Employment Data, the consensus for 185,000 jobs added last month. After the bell, it is earnings watch. Facebook and tesla will be reporting. Alix decision day for the Federal Reserve, the bloomberg surprise index starting to roll over. Sales, week core cpi, week march job numbers. Mckee. Shington, michael how does the...
June 28, 2024
Decemb december k putting together two companies that in terms of programming are similar. Its not like were going from one network that does reality or that type of programming to sports or lots of scripted work or whatnot this is putting those two things together the question is are you better off putting those two together or in this new age of media trying to go into scripted gore into a premium thing scripted. Scripted. But this has been bandied about. For a long time they were two sort of ...
June 27, 2024
Shrink the feds Balance Sheet. David . David were goined by mr. Campbell who covers banks for bloomberg and alice williams. She was a banker for Morgan Stanley and u. B. S. Lets start with the numbers because they broke 15 minutes ago now. Theyre basically up across the board according to estimates and last year. Mr. Campbell thats right. Really what this is about is the expense story. It looks like thats our initial read, noninterest expenses are lower than analysts had expected so bank of amer...
June 27, 2024
Intraday basis and a record closing high. The s p 500 was on pace for a record closing high. There is contrast to the declines we saw yesterday. We are seeing an uptick of intraday volatility. G the bloomberg looking at , it has been more than a month since we have seen a move up of more than 1 . 64 days since a move down of 1 or more. That is the second longest streak of not seeing a 1 move down. Seriously strength for the s p 500. Behind the strength are banks trading higher. Bank of america, ...