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CNBC Mad July 3, 2024

Miss when it comes to consumers. Home goods are seeing good money flows, but retailers are spotty. Macys, urban outfitters, but lowes at home depot, they miss. Instead, its flowing from one business to another or from a government to the business. After the dow advanced 66 points and climbed to a new high, and nasdaq also hit a new high up. 22 , we see that at this very moment, these money flows, you have to be investing in companies that dont cater to just the consumer. Albeit, some rare except...
Good Money Home Improvement Discretionary Services Many People Stocks Get Companies Benefit

CNBC Mad July 3, 2024

Cap then i put it down not on my head but on the desk of my day job on jacsquawk on the street i wouldnt put it on was i concerned about a jinx the dow dipped and the nasdaq gained 0. 65 led by the semis. I dont think not wearing the hat was about a jinx but something more pernicious, frankly. Back in the 80s and 90s we celebrated each millennial milestone on the way up. They were hard fought and sometimes they were trapped when the dow was stuck in the 2000s from july of 87 to january of 1992, ...
Day Job Great Recession Wealth Creation Economic System Stock Market Baby Boomers

CNBC Fast July 3, 2024

Whats driving the hard commodity gains, transports get still staled. Robinhood rips higher, threeyear highs. Im melissa lee. On the desk, tim seymour, steve grasso, guy adami, and rebecca patterson. We start off with big tech events, Microsoft Build Developers conference and nvidia earnings, microsoft society to give updates on its marquee a. I. Assistant co pilot, the Company Expected to show out of a new line of pcs before build officially kicks off. First to nvidias report, expected to say ep...
Big Tech Microsoft Build Developers Microsoft Build Developers Conference Developers Conference Company Expected Year Ago

CNBC Fast July 3, 2024

The consumer may be under pressure, but megadeals are still happening. The ultra highend Real Estate Market. Well be joined onset by Mauricio Umansky for the latest read on how much the uber wealthy are buying. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, dan nathan, and guy adami. The dow climbing over 40,000 for the First Time Ever today. The feat coming less than four years after it first hit the 30,000 mark, but the index pulling back midda...
Real Estate Mauricio Umansky First Time First Time Ever Time Ever Bill Simon

CNBC Fast July 3, 2024

Meme madness goes beyond the gamestops of the world. And the ceo of a Bio Tech Company disrupting the health care space. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, dan nathan, guy adami, and katie stockton. And we start off with a market that may have gotten a little too complacent in the face of rising uncertainty. The nasdaq closing at a record for the first time in over a month today. Volatility across a variety of Asset Classes somewhat s...
Bio Tech Bio Tech Company Tech Company Company Disrupting Health Care First Time

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CNBC Squawk July 3, 2024

You have the nasdaq up by almost 9 treasury yields are a little weaker t tenyear yield at 4. 814 . And openai will have a product Conference Announcement today. Sam altman said they will not launch a Search Engine, but working hard on new stuff they think people will love and feels like magic to me according to people close to the information. This Technology Rolls Image Recognition into one product for advanced Voice Assistant and separately or maybe not separately, you will see how things are ...
Conference Announcement Technology Rolls Image Recognition Voice Assistant Openai Technology Technology Next

CNBC Fast July 3, 2024

Beijing. We will take you there coming up. Later, not just for boomer, the new generation that is getting the gold bug a big week for a semiconductor not named nvidia have a coke and a smile. More on the giant. We have tim seymour, and Karen Finerman here with us. And the penny pinching consumer, news today that the fast food giant mcdonalds is getting ready to introduce a 5 menu to help pull diners back into the stores after the Company Posted the first earnings miss since 2022 in the First Qua...
Gold Bug Big Week Semiconductor Named Karen Finerman News Today Fast Food

CNBC Squawk July 3, 2024

Could even raise rates too thats interesting. Druckenmiller talked me into no guidance. That sounds like what kashkari said yesterday. It could be anything. If youre truly independence, how can you give guidance . Its sort of the transparency. If you really dont know hourks do you give guidance . At least so thats symmetric risk i would like to believe if they needed it, theyll do it i was thinking about the dow managing the close higher, up 32 disney was down 11 what is it 7 or 8 or something ....
Tom Rogers Theme Parks White House Microsoft Artificial Intelligence Artificial Intelligence Artificial Intelligence Data Center

CNBC Squawk July 3, 2024

Start. How do you start six months, andrew, in terms of the markets and the economy and what weve heard from the fed. Its like a tolstoy novel. You could do a month and it would take a half hour to go over everything we have seen you throw in a. I. And his investments around the world and you remind yourself 30 years 30 plus every year. That is almost its an amazing thing probably will never been done again. I dont know how it was done once unless you made some deal with someone who knows these ...
Good News Get Away Team Like Winning Team Team Moment Michael Milken

CNBC Squawk July 3, 2024

Turn it off, please. Lets see what happened here this weekend. This is the first time this meeting took place without Charlie Munger being here. Before Warren Buffett took to the stage, this was a stage where there was a lot of emotion that came into this here with a standing ovation for charlie at the top. Roll that back down, please. A standing ovation for charlie right at the top of the meeting after a movie that played a halfhour movie, that played his highlights over the years and funny ski...
First Time Time Meeting Charlie Munger Warren Buffett Tim Cook Sale Day

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