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July 16, 2024
Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an ...
July 16, 2024
Complicated time. All this on tonights pbs newshour. Major funding has been provided by moving our economy for 160 years. The engine that connects us. For 25 years, designed to help us do more than we like. Financial Services Firm johnson and johnson. More at kf. Org. And with the ongoing support of these institutions. And friends of the newshour. This program was made possible by the corporation for public broadcasting. And contributions by viewers like you. Think then you. We will return after...
July 16, 2024
U. S. One report says the case has already been pulled. Jack ma seeking more than 17 billion in hong kong as a dual listing. It says it does not need cornerstone investors. We have the latest on this blockbuster sale. Shery he was futures coming online flat after u. S. Stocks fell to an eight week low in the regular session. Warnings from various fed officials of the need for more fiscal stimulus. We saw the selloff continuing. Volume below the average over the past 30 days. 11 sectors on the s ...
July 16, 2024
Were monitoring for today is going to be the return of some smoke thanks to some drifting winds. We have winds from the north creeping in towards the afternoon. And our temperatures are going to be in the 70s and the 80s and because of that incoming smoke, the bay area air Quality Management district has issued a spare the air alert for today. Right now, the sensors are good, but as we head into later in this evening, were going to start to notice an increase in that smoke and unhealthy air qual...
July 16, 2024
It is a blue shirt. It is because they dont know how to do the lighting because it is darker outside now. Ive got the blue and it shows up every day here in the bunker im envious i want blue but im unable to perform. Sad. Lets show everybody what we are seeing for the end of the week here. We have a bit of a mixed picture. The dow looks like it would open down the nasdaq looking to open higher as well the first down day and on pace to snap the first twoweek streak amazon closing down 2 and a qua...
July 16, 2024
Third straight week. For more on wall streets move, we are joined by scarlett fu. Lets talk about how this happened. Ett we had quadruple witching. Options tied to indexes and stocks, that led to a pick up in volume. Then you had it falling below the trendline, where the average price over the past two and half months. The theme for today, as it has been for the rest of the week is the lingering disappointment that the fed did not give investors a prize that they have been positioning for. Recen...
July 16, 2024
Fcon is the largest hacking conference in the world. Black hat is one of the largest Information Security compasses, also held in las vegas. One is a university, and one is a party. One is focused on your professional career advancement, and the other is focused on being the soul of hackers and inspiring them. When did you found these . Con is pretty old, it was founded about 1993, and about three or four years later, black hat started. They just grew organically. What is your background that yo...
July 16, 2024
Points the s p which is then up five out of the last six weeks and up the last six sessions in a row is up by 5. 5 this morning and then the nasdaq which has been this incredible out performer for months on end is the other performer this morning its down by 13 points but remember nasdaq was only down friday after being up for several sessions in a row. Setting a new high every one of the closes. The s p is less than 1 from its all time high. Its up back in february the treasury markets youll se...
July 16, 2024
Estimate. The pboc governor says china will implement the phase one deal with the u. S. He said that in an interview with tsinghua. Chinext is down, extending a decline after bearish reversal. China internet stocks were up friday following the ban on tiktok. Some say forget the tencent risk, asian stocks are silly by. Alibaba still a buy. S p. R tech giants on the we have futures in the u. S. 3343. Ng to a flat open, the s p 1 away from its alltime high. This on the outcome of the u. S. Stimulus...
July 16, 2024
We will be joined to talk more about that. But first, lets talk about the market. Abigail doolittle is with us. On the back of a big speech by joe biden last night that has been largely wellreceived, even some republicans saying it was successful. Abigail indeed. Probably not too much influence in the markets today because earlier today on the open, really small moves. It was as the day got going that the gains continued, especially for the tech stocks on the day. A real head scratcher because w...