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July 16, 2024
The world tick tock as monday bite dance the Parent Company of tic tac has announced that it reached an agreement with oracle now according to by dance the company has submitted a proposal to the u. S. Treasury department over the weekend that would make oracle not the owner of tick tock but a trusted Technology Provider shares in oracle jumped more than 6 percent on monday morning with confirmation of the news treasury secretary Stephen Newton says that the government is reviewing the proposal ...
July 16, 2024
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met...
July 16, 2024
One of the great men of American Business will join us following the nfl teams first time back oen field without fans but players bringing attention to social justice around the country. Power lunch starts right now guess were together but separate, once again welcome to power lunch. Billions of dollars of deals on wall street today. For 20 billion, gilead adding to its cancer fighting portfolio. Its basically doubled next up for 40 billion, the biggest chip deal ever, nvidia buying arm holdings...
July 16, 2024
From pfizer and after the aresa zenica coming up, the ceo of caesars will join us exclusively to discuss that partnership and the path forward for vegas plus, shares of Advertising Software Company Trade desk are up more than 50 on the year up more than 200 from the march lows were going to talk to that companys ceo, find out what that move is all about how they managed to outperform and whether the underlying business is looking as strong as the stock. First up though, lets focus on the big sto...
July 16, 2024
Squawk alley. Were going to begin this morning with literally an epic battle royal they are claiming anticompetitive behavior after launching a new way to buy accessories giving users a discount but cutting out the app store in the process this, of course, violates the terms of both app stores that take a 30 cut of digital sales. They both removed fortnite as a result epic games responded with lawsuits and a parody of apples famous 1984 ad platform unification directives for years they have give...
July 16, 2024
Every direction. The s p saw an even bigger gain. The nasdaq up by almost 3. 6 the dow futures also up. Keeping an eye on the Treasury Department seeing how the fed news will play out there the fed news is back about 0. 6 . Sitting at 0. 612 . If you watch oil prices, which has been a big indicator of demand around the globe and what is happening, this morning, wti is up about 16 . All the way back up to 17. 49. Wow, all the way back up. 17 unbelievable lets get an update on the pandemic the num...
July 16, 2024
Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the...
July 16, 2024
Trade pl galactic, can it keep soaring. Tim and dan go man ho y manno and fed pecks. You decide who wins. All that next 60 minutes we start with another record day on wall street as the snazzy animation says the s p 500 and nasdaq closing at alltime highs. The dow up gold up. Oil up real estate up guy. Yes, sir. Whats up bonds under u. N. Changed a repeat what weve been talking about. We led with apple last night whats the deal. We talked about the price action should have been worse karen and t...
July 16, 2024
The etf industry, big numbers are par for the course. Our analyst Eric Balchunas is used to big numbers. Eric this is no exception. This is the end of the year, the last show, so normally go over weekly. You today numbers are big. 324 billion. That is the second biggest year of etf flows ever. 7 organic growth. Lets look at the top leaderboard of the year. Bti broad market. 31 , that is the best return for the s p since 1997, even though it did not feel like that. Usmv was a shocker. Interesting...
July 16, 2024
Scarlet lets check in with our reporters. Abigail, what are you watching . Abigail i am thinking about the s p 500 that did move up. This chart doesnt show a little bit of the panic. We looked at it many times. There is the tail end of last years big selloff. This years big rebound. We were talking about the range between 2800 and 3000. It looked like the range was going to break down. In october, we had a higher low. The entire range fulfilled the target of 3200. We are now above that level. Ab...