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BLOOMBERG Countdown June 22, 2024

Anna welcome to countdown. Ryan we will be talking to the ceo of this swiss drugmaker later in the day. Just missing sales the estimate on sales coming in at just over one billion swiss francs. The expectation from analysts was 1. 3 billion. Anna the swiss drugs giant considering reporting what they call a good Second Quarter. That number is for the Second Quarter and that is actually 12. 69 billion compared to 12. 7 2 billion that was the forecast. A touch shy or broadly in line with analyst es...
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CNBC Closing Bell June 22, 2024

Theyre about to make a big bet on all Day Breakfast. Will this be the move that finally turns things around for the fast food giant . Or is it just too little too late . We have both sides of yet another heated debate on mcdonalds. Everybody, you either love it or hate it right now. Nobody is lukewarm on mcdonalds these days. A lot of people like breakfast for dinner. We will see. That big selloff in commodities. Keeping an eye on that for you. Gold seeing the longest losing streak since back in...
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CNBC Power Lunch June 22, 2024

Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Ye...
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CNBC Closing Bell June 22, 2024

Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure w...
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BLOOMBERG The Pulse June 22, 2024

Im Francine Lacqua. Manus im manus cranny. Shall we get into this breaking did . Francine we have some european encompass it pmi. Composite pmi falling to 52. 5. Analysts were forecasting 52 5. 5 manus the eurodollar declining. Germany missed on that as well. For the compass it for the whole of europe, it also missed. Francine actually the services pmi fell more than the manufacturing pmi. Lets bring and stephen morel. Great to have you on the program. When you look at the pmi, how much do we ca...
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BLOOMBERG Bloomberg Surveillance June 22, 2024

Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us ...
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CNBC Worldwide Exchange June 22, 2024

We actually hit we set for ourselves in terms of cash flow and process from sales at this point in time. So thats helped us continue to maintain the dividends. Investors fear more cost cutting at Air France Klm. Shares take off after europes second largest carriers despite slipping deeper into the red. Amazon delivering for investors. The online retailer surprises wall street with ads 92 million profit in the Second Quarter as its bet on the cloud pays off. Shares skyrocket after hours. Welcome,...
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CNBC Squawk On The Street June 22, 2024

2. 25. And oil, as you see, still below 50. A move made this week as we watched the commodity complex come down across the board. The road map starts with amazon overtaking walmart in market cap after reporting a surprise Second Quarter profit. The shares up 20 in the premarket. Star bucks shares also higher ahead of the open. The coo told jim last night. And anthem agrees to buy cigna. The price and the release is 188 a share. In reality, its a bit less than that. Well get to that deal. We begi...
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CNBC Closing Bell June 22, 2024

Favorably toward amazon when it punished apple after it posted a nearly 11 billion profit . Top tech fund manager will join us with his take. Spirit airlines the Company Calls unbundled air fares. Reporting earnings this morning. Well break down the numbers with ben baldanza. Steve guttenberg has a new movie. He will be live at the New York Stock Exchange to discuss it. Its got spdrs in it. Its going to be fun, tyler. We start with a move in the market. Stocks taking a leg down in the last hour....
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BLOOMBERG Bloomberg West June 22, 2024

All of that, coming up. Microsoft rolls out windows 10. How do they and to expand their empire . First, we are covering facebook shares falling as social Network Spending jumps with revenue up 39 to 4 billion, estimates. Betting big on mobile apps with 76 of ad revenue coming from mobile. User growth was slightly below estimates this quarter. Facebook reported daily active users hit 968 million, just under the 900 70 million that they affected. What is driving this spending spike . Joining me no...
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