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CNBC Squawk On The Street June 22, 2024

Well see if the fed numbers have any effect. In our road map this morning. Tesla slapped with a downgrade on valuation. Well hear about the companys future from the ceo. Microsoft set to cut more jobs. And apple watch sales plunge 90 . Well run through some of those numbers. First, futures are up sharply. Steps by chinese officials to stabilize markets and restore Investor Confidence failing to start the slide. A lot of the trading, brokerages people are obviously upset. Companies are being aske...
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CNBC Squawk Box June 22, 2024

Production for ten years and access to nuclear fuel and equipment for 15 years. Iran has to approve to the International International Energy Agency that it met it under the terms of a deal. Take a look at whats happening with oil prices. Theyre down by about 2 . This is coming because irans oil is expected to be coming back to the market. Thats putting wti at 5118. Not everyone is happy about todays news. Officials are condemning the deal. Benjamin netanyahu says it gives iran a surepath to Nuc...
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CNBC Squawk On The Street June 22, 2024

Stanley. Gold falls to a fiveyear low while the dollar hits a threemonth high, well look at the Drivers Behind the moves and the impact. And ebay and papal begin trading as independent companies today. Well talk with the e bay ceo later on. First up Morgan Stanley better Second Quarter results. A Strong Performance in the brokerage business. Long lines in greece over night as the banks reopen after about three weeks. Some capital controls. You can access your safety deposit box. You cannot cash ...
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CNBC Closing Bell June 22, 2024

Chipotle gopro. Those numbers over the next hours and bringing you them after 4 00. It just doesnt get better than that. Plus time to sell tesla maybe . A bold call from a ubs analyst downgrading that stock to sell today. The man who made that call coming up. It has been five years since the dodd frank financial reform bill signed into law. Barney frank will join us to discuss all the criticism the law has received including from members of his own party. Enjoy having barney on the show. First w...
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CNBC Worldwide Exchange June 22, 2024

The firm, however, sticking to target. Luxury stocks are one of the bright spots as they reap a week of euros after Solid Earnings. All right. And to our top story. Another volatile earning. Its largest liquidity injection since the month of july. Meanwhile China Securities regulator is looking at what it calls, quote, share dumping, its biggest oneday drop since 2007. Lets check in on markets. Live in singapore. The dust seems to be collapsing on the collapse in the chinese equities markets aft...
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BLOOMBERG Bloomberg Markets June 22, 2024

Economists were expecting 2. 5 . Recent gdp was also lowered. You can see red across the board with the s p followin falling. The nasdaq down. 8 . Not only the gdp reports weighing on stocks, but you have social media dragging the market with twitter yesterday and facebook today. Olivia nobody likes how much money Mark Zuckerberg is spending. Matt his employees like it. Olivia probably. Heres whats happening on the treasury market. The short end off the yield on the 2year note up i two basis poi...
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CNBC Squawk Box June 22, 2024

From the missing plane it will be the first confirmation that mh370 crashed into the indian ocean in 2014. The air kraf was travel from kuala lumpur to beijing. Consensus calls for gdp to have increased at a 2. 7 annual rate. Also important today, the government plans to be releasing three years worth of revisions from the bureau of economic analysis. You might remember Steve Liesman first reported in april that q1 gdp was statistically softer than the other three quarters for the past 30 years....
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CNBC Mad Money June 22, 2024

Feet up kind of sit back say all right, whos really doing well . Whos really doing badly . Were having this relentless daytoday analysis. Were still the thick of it. Which is why we need to stay rigorous. This is made more difficult by the shear number of new companies that have had the guts to come public. Lets start with next monday when we get results from clorox. The quintessential consumer goods Package Company that was run so well for so long. Ive studied this company long much to know tha...
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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 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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