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CNBC Squawk Box June 22, 2024

Kate upton has gotten involved. Ashton kucher got involved. But kate upton got involved. Lets bring up pictures of Ashton Kutcher for andrew. Kate upton got involved. You didnt see the paper yet . I didnt see the physical version. Uber. Is that what they . Come on. Buber boom. They got in trouble. Did you see the nerve that twitter had a party and they had plastic cups with like i dont know animal house type of thing. I guess. Nobody has any fun. I understand. Welcome back. She had a family reun...
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CNBC Squawk On The Street June 22, 2024

Big premarket moves on mixed results from cat, gm and mcdonalds. Global volatility, a common theme. Apple cut its spending forecast by about 1 billion. Well explain why. Qualcomm looking for 1 billion in cost cuts by trimming workforce by 15 . First up caterpillar shares taking a hit on a quarterly miss hurt in part by weakness in mining and construction in brazil and china. Cats lowering their full guidance. Doug oberhelman did talk about it. At some point, the economy will stabilize and busine...
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CNBC Power Lunch June 22, 2024

Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Ye...
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CNBC Closing Bell June 22, 2024

Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure w...
New York United States District Of Columbia San Francisco Puerto Rico M Jim Cramer

CNBC Worldwide Exchange June 22, 2024

We actually hit we set for ourselves in terms of cash flow and process from sales at this point in time. So thats helped us continue to maintain the dividends. Investors fear more cost cutting at Air France Klm. Shares take off after europes second largest carriers despite slipping deeper into the red. Amazon delivering for investors. The online retailer surprises wall street with ads 92 million profit in the Second Quarter as its bet on the cloud pays off. Shares skyrocket after hours. Welcome,...
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CNBC Squawk Box June 22, 2024

The first officers heard the gunshots and they still ran through that theater. They do an amazing job protecting us every single day. Im grateful for their heroism and i think well hear other stories from folks inside the theaters as details come out. Were switching gears this morning. We have breaking news right now. It is now official anthem is buying cigna for 188 in cash and stocks. The transaction valued at 54. 2 billion on an enterprise basis. This of course, a transaction thats been long ...
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CNBC Worldwide Exchange June 22, 2024

Safety and innovation to recalls. And ubs trades lower despite the market. This is after it is investigating a newspaper report that prompted it to release earnings early. Welcome, everyone, to the show. This is the second hour of wx wgs. Worldwide exchange. A quick look at u. S. Futures. We have a busy week. Not just meetings or you a fed policy week. Durable goods. But social media, on whether Companies Like facebook and twitter can continue to deliver growth. The dow up 70 points. Nasdaq up 1...
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CNBC Squawk Box June 22, 2024

Negatively. The dow opened lower, the nasdaq lower by 6. We had a multibillion dollar deal. Teva acquiring allergan. We should tell you that teva is officially withdrawing its off for mylan. You may have remembered they made that offer as a hostile offer. It was not morninging. Mylan which located outside of the u. S. Became a bizarre beneficiary of moving outside because of the way the governments rules work abroad were they relocated it made it much more difficult for teva to pursue a deal. Ho...
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CNBC Squawk Alley June 22, 2024

Welcome to squawk alley. The founder of aol ventures is with us. John, its good to have you back. Jon fortt is out today but Kayla Tausche is here. The dow is down about triple digits. A few select companies are driving whatever gains we have in the nasdaq composite this year. Six companies, amazon, google, apple and gillian account for more than half of the 64 billion in value added to the nasdaq composite in 2015. The concentrated gain in a few stocks is boosting concerns of dwindling leadersh...
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CNBC Power Lunch June 22, 2024

Another big asian selloff. China losing 8. 5 in overnight trade and the hang seng in hong kong also dropping 3 . Japan a more muted drop but i think you get the picture. Europe falling as well. Germany and france bearing the brunt of the selling and the drop continues through the usa. We are off the lows of the day but as you can see the dow is moving to the downside by 133 points right now. The nasdaq is off by 46 points. The s p down by 11. The russell 2000 is down by nearly 1 folks, or 11 poi...
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