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June 23, 2024
The debt ceiling and budget, can their winning streak continue . And the real read on the American Housing market. One area that is on fire now and fueling growth for Home Builders. The Third Quarter reporting season is just getting under way. There are already fears about earnings in the current or fourth quarter. Bob pisani on the floor, what is fueling the concerns, bob . Revenues. And youre right. Were in the middle of q3 earnings season. The professional community is already concentrating o...
June 23, 2024
Shake shack some of the big names getting set to post their results. And then we will hear from disney ceo bob iger moments after those results are released. I wonder if he has seen the star wars movie yet. Plus chinas stock market rallying 16 over the past month. Jpmorgan chase executive of the Asian Pacific will tell you whether its over for the stock market. Dominic chu takes a closer look at the changing of the guard, if you will. Dom. A huge changing of the guard, a new world meets old worl...
June 23, 2024
On guy johnson. Butill focus on the brexit first, up to speed with what is happening in the market story. Ahn we are seeing the selloff continue in asia today. The benchmark index at the lowest level it has been in a month. Betweentually slung gains and losses be and losses throughout the day. We have data this morning showing that japan recorded a trade surplus for the 15th consecutive month in september. Were seeing a lack of clear direction as there are concerns of the rate hike next month, t...
June 23, 2024
Tyler, we begin with the selloff on the street. A triple digit drop for the dow with the major averages down more than 1 . This is actually we havent seen since late september for the dow and the s p. Weve been sort of a little bit complacent recently after all the volatility of late august and september. The nasdaq is down by just over 1 along with the dow and the s p. Lets get more with bob pisani at the nyse because you have fears, bob, about retailers reporting this week as well as, of cours...
June 23, 2024
Divide at the Federal Reserve. But we do begin with fears about the worlds biggest retailer. Shares of walmart tanking right now after cutting its threeyear outlook. Were currently down by 8. 3 at 61. 16 a share. Walmart executives meeting with analysts at this hour, as we mentioned, and Courtney Reagan has all the details of it. Hi there. Walmart investor meeting, the analyst q a wrapping up, the group asking for more clarify on the warning on longterm guidance but not much more clarity was giv...
June 23, 2024
Have we ever. There is a lot more coming up, though, here from carnegie melon. We have a couple of big interviews for you. Earlier i spoke with a major donor to the school, Hedge Fund Manager david tepper and asked him about the rumors he was in solar play sun edison yesterday. Here is what he had to say. People probably smoke a lot of marijuana out in your viewing audience and people on twitter because i dont understand where stuff comes from. I have never talked about stocks on this program. W...
June 23, 2024
First though, that big hacking news. A News Conference set to get under way any moment now. We have the details from d. C. Earlier today u. S. Authorities unsealed this massive 68page indictment alleging a global hacking scheme against j. P. Morgan, wall street journal and a host of other companies and institutions in the United States. This scheme, according to the indictment, involves hacking attempts against major financial companies, attempts to manipulate individual stock prices and also a ...
June 23, 2024
Gilead. We will have the instant analysis. We are 26 hours away from the start of the cnbcs coverage of the gop president ial debate. Steve forbes and todd butch holds are here to tell what you say they want to hear from the candidates and predict who they think will come out on stop. We begin with ibm under investigation by the sec they have dis pleased. Bob pisani has the latest as the shares are falling. Well, obviously investors are taking this a little ease seriously. Ibm down 3. 6 . It dro...
June 23, 2024
Now Strong Enough for a december rate hike . A lot of things happening today, but first of all, a very Big Development in the president ial race. Eamon javers joins us in d. C. With more details. Eamon . Mandy, thats right. A blockbuster report here in politico. Com this morning. Politico reporting that ben carsons campaign is admitting that a central piece of his biography was not, in fact, correct as reported by him in his own books. Theyre saying ultimately ben carson was not ever an applican...
June 23, 2024
Lifts early lockup restrictions on more than 2 million shares. And ben carson cements his lead over his republican rivals in a new poll but president obama takes aim at all the gop candidates criticizing their reaction to the recent debate. Hello, hello. Good tuesday morning. Thank you for tuning in. Lets check in on the u. S. Futures ahead of the u. S. Market open. Were looking at declines being priced in after that rally that we just saw yesterday. Not a bad start to november. The russell 2000...