Page 119 - Small Caps News Today

Out what inning it is in. What inning are we with the weight loss drugs or electric vehicles . We are clearing the final inning of the nelson proxy fight for board seat. It is dizzy because he did not get the votes but he could pick up a full million in profit. That inning game that bothers me the most is, what inning are we in the Artificial Intelligence whom . For the last few days weve seen everybody coming down in the ai space. People arguing because the declining stock prices we are in the ...

Annmarie hordern. Live from new york city and good morning. For audience worldwide this is bloomberg surveillance. En jonathan ferro, your equity market for the s p 500 negative by 0. 2 taking off q2 hitting a bump in the road when it comes to manufacturing. Manufacturing data entering expansion for the First Time Since september of 2022. Prices paid a little bit firmer. Setting off right across the curve. Lisa the idea they came in at the hottest level since 2022. People are wondering is this a...

Different kind of fed narrative evolve this year. There has been some rising angst but still some cuts are on the table. There is a little bit of froth and maybe it is deserved as you see powell shipped his narrative to things that allow him to cut. The important thing is that the fed and markets are nsync after being out of sync. The fed has actually been a lot more optimistic about rate cuts over the last few years. Announcer this is bloomberg surveillance with jonathan ferro, Lisa Abramowicz ...

Be tested here, right . Sure are, right . I mean, weve been overbought in this market really since early february. I think that really we needed the catalyst. I think between the manufacturing numbers we started with and then on top of that oil and then we have gold prices up and then, you know, we have an economy that is strong. And i think the narrative around how many times the fed is going to cut rates or lack of is really going to cause the market to rethink certain sectors and certain secu...

Even below analyst estimates. The stock is now down more than 30 this year. But we begin with todays markets, and dom chu with the numbers. Dom, it is tech taking it on the chin. It is. Its Consumer Discretionary particularly because of that tesla trade. Check out the dow industrials down by about 450 points, 1 drop. It was down over 500 at one point today. The s p 500 is at 5198, down 45 points. Almost one full percent. At the highs, we were down 39 points and 59 at the lows. A decidedly negati...

And chinas Country Garden appearing to avoid default and making payments on its debt. In washington, d. C. , lawmakers are set to return to work with a very lengthy todo list. And President Biden weighing in on a potential strike by u. S. Auto workers. The positive prognosis he is giving. It is the day after labor day and everyone is back to work. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im cdominic chu in for frank holland. Lets check on the...

Historically a tricky month. How much, though, does it have to do with the turn were starting to see and the data . The calendar itself, sure. The data are what they are in terms of performance but its want been bad when you have the market up, 10 or more. To me thats one of the things you keep in the back of your mind. The seasonal weakness was mostly felt in august. Either the turn in the data or just the fact that were not being able to escape the late cycle back drop. At least psychologicall...

S. Cheryl good morning, im cheryl casone, im in for maria bartiromo. Its tuesday, september 5th. 7 00 a. M. On the east coast. Its time for the hot topic of the hour. New wall street journal poll finding 73 of voters consider President Biden too old to run for president. Just 47 of voters say the same of former President Trump. This is the same poll thats revealing that biden and trump are tied in a potential rematch if the 2024 president ial election was held today. A lot of this dozen tear on ...

Lower. Stocks higher. Technology, one of the best groups today and by the way, the nasdaq right now is above a new closing high. So we need to track that over the final stretch as many of the mega cap, including nvidia, see nice gains today pretty good day, too, for discretionary stocks like decker, surging after its earnings it does take us to the talk of the tape. The road ahead for the rally lets welcome in professor Jeremy Siegel, wharton professor. Glad to have you here. Happy to be here. A...

And a. I. Strategy. Ceo andy jassy saying surprise from the generative a. I. Business. Inflation seems to be cooling. The pace of inflation came in a 3. 7 for the month of september. Were keeping an eye on the auto industry, mean white the uaw reportedly delivering a new offer to gm. Amazon is up nicely after reporting quarterly results. Ceo andy jassy saying hes been surprised by the companys growth in a. I. You look at the very substantial, gigantic, new generative a. I. Opportunity, which i b...