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CNBC Worldwide Exchange June 22, 2024

U. S. Auto sales are expected to past 17 million for the third month as suvs and pickup trucks remain strong in july. And youre fired. Donald trump slumped because of racist comments but now first in the polls. Meanwhile, joe biden is reportedly thinking about dipping his toe into the race. All right. Welcome back. Lets have a quick look at the athens Stock Exchange. It opened for the first time in five weeks today. And it is down quite heavily as expected. It was off by roughly 20 . This is wha...
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CNBC Squawk Box June 22, 2024

Wednesday on wednesday, the employment report for july will come out with International Trade. On thursday, well get jobless claims. And that all leads to fridays big jobs report. See what theyre suggesting about the open at this hour. The dow flat course the board. Disney, dreamworks, time warner, fox, all on the calendar. Stiefel is raising its price target. And seeing the stock getting to 130 a share. Also has a value rating on those shares. Disney up 40 over the past year. Harder and harder ...
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CNBC Closing Bell June 22, 2024

High. Yes, down 20 otherwise. Now when oil goes lower, airlines tend to go higher in terms of the stocks as those stocks rallies today. Can you see that each of them most of them up over 2 . We have the number one analyst Airline Analyst on the street with us to day. Jamie baker. Hell give us his top airline picks. And president obama just announcing new Clean Power Plan which could have a major impact on the coal industry and basically industry at large. Weve got the ceo of American Electric po...
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CNBC Worldwide Exchange June 22, 2024

Market investor tells cnbc intervention is not the solution. They are desperate to try to keep this market up and theyre trying every rule in the book to do that. Unfortunately as we know the more they do the more uncertainty is imposed on the market. Putting the brakes on profits at major auto maker. Bmw warns of slowing sales. Analysts worry theyre stalling on reforms. This despite delivering better than expected Second Quarter earnings. Hi everyone im seema mody. Coming up on the show hes a m...
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CNBC Worldwide Exchange June 22, 2024

Intervention is not the solution solution. They are desperate to try to keep this market up and theyre trying every rule in the book to do that. Unfortunately as you know the more they do the more uncertainty is imposed on the market. Its official puerto rico defaults on a Debt Repayment for the first time ever. The governments debt spiral warning comes to fruition. Putting the brakes on profits. Toyota calls china a difficult environment while bmw warns of slowing sales. Coming up on the show h...
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CNBC Squawk Box June 22, 2024

The government trying to prevent a collapse of the countrys markets which lost nearly 30 since june. The news helping to spark a rally today. A gain of more than 3 in shanghai and shenzhen we have seen the imagine higher by nearly 5 . Keep in mind you go down 30 you have to go up a lot more than that in order to recover. Heres the greek stock exchange. Market there open for a second straight day after its five week closure. Down by only 1 today after the big pummeling it took yesterday after reo...
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CNBC Squawk Alley June 22, 2024

Concerns about growth in china weighing on investors after one report that apple had been replaced by xiaomi as the smartphone maker. It points to a lingering concern is that market share in china one of the most important markets is gn to the down side, not the up side. If you want to look at apples reaction to china, theres a couple of conflicting data points you have to consider. In the Conference Call tim cook said equity markets have recently been volatile this could create speed bumps in t...
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CNBC Closing Bell June 22, 2024

Its up another half a percent. Well get disneys earnings after the bell today. Apple is thought of as sort of the lead dog. Its the Largest Company out there. I think disney is the company to watch these days. What a performance it has turned in. Meanwhile, aetna out with earnings this morning. Its getting a big boost from medicare and medicaid these days. We have a first on cnbc interview with ceo mark bert bertolini. Breathtaking consolidation in that industry. Really looking forward to that. ...
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CNBC Fast Money June 22, 2024

Billion in market cap. That is equivalent to three teslas, three yahoo s, two netflixes, or one mcdonalds. So does the stock have further to fall here . Could this be the best opportunity to buy apple the whole year . Guy adami, what do you say . Thats real cute with the sock puppet there, mel. If the puppet fits, man. Listen, tims been on this. Dan as well in terms of the price reaction over the last few months. Its definitely hit a soft patch. Is it the best time to buy . I dont think so. I th...
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CNBC Worldwide Exchange June 22, 2024

The first half of the year and hikes its dividend. The ceo says the move is driven through growth in the global indices. Our Financial Performance warrants returning a little more money to shareholders as we now have the financial strength of a Company Operating across all the major continents generating a lot of cash. And shares tumble as the cable business sheds customer. This despite hits like the avengers. Welcome everyone to the show im seema mody with euro zone manufacturing and services n...
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