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CNBC Closing July 3, 2024

Cap names in the green today, including nvidia, back above 900 a share, 920 to be exact. Apple puts a touch lower after be Berkshire Hathaway cut for tax purposes, and strong day for uber, after the Company Holds its annual meeting. Weve given you highlights on this day, it does take us to our talk of the tape, the rebound, and whether you can trust it. Lets ask our panel, dan greenhouse with asset management, stephanie link, and steph and court are both cnbc contributors, everybody at post nine...
Berkshire Hathaway Company Holds Little Party Bristol Meyers Conference Calls Number One

CNBC Power July 3, 2024

Angen soaring and comments on its version of an obesity drug, and apple hires and focuses on that record buyback. Is the Company Using 110 billion to wallpaper over some weakness or were the results not as bad as feared . Steve covac covering apple for us from sfans. Hey, steve. So look. Last quarter revenue was down 4 , iphone sales down 10 , but no one really seems to care because apple gave its shareholders the biggest stock buyback in corporate history. Thats 110 billion, increased the divid...
Company Using Mainland China Services Business Year Ago Earnings Call Growth Services

CNBC Squawk July 3, 2024

Premarket. The price for paramount. Sony and apollo submitting a cash offer. That includes debt. I will bring you up to date with the very latest reporting on this saga. Lets get the Market Reaction to this mornings job numbers. We were looking for 240. Negative revisions of about 22,000. Bond market kind of sniffed this one out, jim. It did. This is one of those moments where i think youre sitting there and saying, well, think about the narrative we had on tuesday, that tomorrow, powells going ...
Market Reaction Rate Cut Just Say Even Apple Jay Powell Job Growth

CNBC Squawk July 3, 2024

Fed, the chair saying inflation is still too high. Weve got a big day for apple, which will report its earnings after the bell, this amid signs of an iphone slump and, of course, potential struggles in china were keeping an eye on shares of carvana. They are up as much as 40 in the premarket. Remember when that thing was close to bankruptcy . Well, this was a recordsetting quarter, and were going to talk with the ceo that will be next here on squawk on the street. Lets begin with the markets and...
Morgan Stanley Morgan Stanley Firm Jay Powell Conference Call Best View Student Loans

CNBC Fast July 3, 2024

Future of this onetime pandemic darling. And later, sales of Novo Nordisks wegovy more than doubled, but the possibility of increased competition putting pressure on the stock today. Can the company tip the scales in its favor well go inside the numbers. Im melissa lee, coming to you live from studio b at the nasdaq on the desk tonight courtney garcia, karen finerman, dan nathan and guy adami. Start with apple 110 billion buyback, eclipsing the previous record set by apple in september of 83 bil...
Novo Nordisks Novo Nordisks Wegovy Company Tip Dan Nathan Nathan Guy Market Cap

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CNBC Mad July 3, 2024

We could sink our pals for giving clear signed today when they spoke at the federal Market Committee leaving these things unchanged. He mightve well done so, its really this simple you could timestamp the worse of the fed chief at his press conference with a charged s p rebound he made some comments right then to new heights it was perfectly tied that you had no wonder about how he got into the. To he became the bulls friend for a while. Going into he close gavel, things are very skittish but yo...
Market Committee Jay Powell Long Term Interest Rates Rate Hike Table Market

CNBC Squawk July 3, 2024

Elon musk is reportedly going, quote, absolutely hard core around head count and Cost Reduction as tesla plans for more layoffs. Lets begin with futures moving lower with the fed kicking off the twoday meeting. 4. 2 yearonyear, jim, maybe a little too low. The wall street journal this morning talking about how powell feels good about higher for longer. I still think march was weak and youre not going to get a really strong number from april. Housing, shelter, thats bad. Theres also an mcdonalds ...
Head Count Cost Reduction Wall Street Recognition Companies Companies Offer Mcdonalds Well

CNBC Fast July 3, 2024

Reclassify marijuana. What the move means for trading in these names. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, and steve grasso. Stocks closing on a down note, with the nasdaq sinking 2 and the dow shedding 570 points, accelerating the last ten minutes of trading. All three closing near their lows of the session and well in the red for the month. Each ending fivemonth winning streaks. The dow posting its biggest mostly loss ...
Wall Street Company Says Steady State Capital Investments Free Cash Free Cash Flow

CNBC Squawk July 3, 2024

Meeting this week along with the jay powell press conference. That will be the focuses for the markets. Right now, the tenyear yield is just about where it has been the last tcouple weeks propalestinian protests continuing on College Campuses over the weekend some schools requesting Police Intervention to stop encampments. Jill stein was arrested at a protest. She said it was about freedom of speech which needs debate and dialogue at ucla, protests by propalestinian and proraisrael supporters an...
Jay Powell College Campuses Police Intervention Manufacturing Division Division School School Investment

CNBC The July 3, 2024

Companys products spans various sectors. Thats what makes it so interesting. The ceo will join us exclusively ahead, but we begin with todays market and bob pisani at the new york stock exchange. Bob . Hello, jon. Good to see you. We have been chopping around in a fairly narrow range and the trend is up and certainly since the pc report and the s p 500 and the trends been up here were trying to get to the 200day moving average and were at 5114 now, slowly, but surely. A lot of strength in boeing...
Bob Pisani New York Little Run Bottom Line Cnbc Fed Interest Rate

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