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CNBC Mad Money July 11, 2024

Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high gro...
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BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at...
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CNBC Fast Money Halftime Report July 12, 2024

Things that you did in the market today you bought walmart and mic microsoft. Why are you putting money to work in those stocks now why am i putting money to work and then ill get to those stocks we had had a 10 correction. You know ive held cash for a little while im not the onlywaiting for a correction i still have some cash but, look, for this to get worse than a correction, maybe it goes down 12, 13 . I dont know if it to get worse you have to think the fed is ineffective and the cash on the...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

The concern about the stronger currency, not to worry just yet. We saw that euro jump. Ist weakness on brexit sparking a rebound in the dollar. Your offshore renminbi, we are set to break six weeks of gains. 683 right now. That is below 40 right now. We have copper also and gold on the back foot. Oil prices on track for the biggest twoweek drop since what we saw back in april. Lets get to the first word news, we have Karina Mitchell. Senate democrats have shut down a relief plan proposed by repu...
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BLOOMBERG Bloomberg Markets European Open July 13, 2024

House passes and aid package and some corporate bailouts may come at the price of corporate equity stakes. And gilead shares crash as reports suggest its potential covid19 drug flopped in trial. Good morning, everybody. Program. O the we see a sluggish pace reflected in european futures. Much weaker. Features down, plenty of reasons to be gloomy if youre looking for them in terms of u. S. Jobs data, eurozone pmi data. We saw that certainly have an impact. Lets have a look at u. S. Futures. We do...
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FBC Varney Company July 13, 2024

Will have issues producing energy so lets go out and buy 10 billion or 20 billion worth of oishlgs fil, fill up the res. The oil market has nothing to do with the coronavirus other than theres just a lot less demand at this point. But youre right, unprecedented issues. Maria yeah. No surprise, russia would pile on just in the middle of a crisis for the United States and say im not going to cut production. Secretary mnuchin, a pleasure to have you. Thanks very much for the clarity. We appreciate ...
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BLOOMBERG Bloomberg Technology July 13, 2024

Digital tax when we talk to the countrys minister of digital affairs. Tech giant huawei sues the fcc for greater access, the latest attempt to fight sanctions, but does the case have legs . Our top story. Crackdownovernments on big tech and back to amazon. Bloomberg has learned investigators are looking into its massive Cloud Computing business. Sources say the agency has been asking Software Companies about practices around Amazon Web Services. The unit is one of the backbones of the internet a...
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CNBC Mad Money July 13, 2024

Horrible overnight we dont suddenly doubt the entire edifice of a strong consumer only, only on halloween would anyone accept a trick that were about to go into recession because of weak numbers and more negative trade talk rather than the treat of good earnings and low Interest Rates on days like today when we get some soft manufacturing data, we do believe the worst is yet to come, something that may be exacerbated by the trade stalemate. The nasdaq was down 0. 14 . At one point the market was...
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CNBC Squawk Box July 14, 2024

Moment right now the dow is down by 33 points take a look at what happened to equity markets overnight in asia youll see that the nikkei was flat the hang seng was down by. 8 and the shanghai composite up by. 1 in europe theres active trading taking place in the markets. Youll see its a little bit of a mixed picture. Three major averages are weaker with the ftse down by. 5 . Italy and spain are seeing stocks higher and then finally check out the treasury market here in the United States. This ha...
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BLOOMBERG Bloomberg Daybreak Asia July 14, 2024

Intentional. Sending a message, xi jinping strengthens ties with north korea. Kathleen u. S. Stock market. Lets take a look exactly at what happened. Setting us up for the asian open. A rally. You can see the Dow Jones Industrial the s p 500, the nasdaq, across the board, up almost one full point. The s p did have a closing high. A record. Sincecond alltime record that last happened in april. That is all good. You can see the futures are pointing a bit lower. It is not a big decline, but after s...
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