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CNBC Power Lunch July 11, 2024

Recordbreaking rally after we head into a long weekend while it has been a number to remember, the best month in 33 years, the recent leaders and laggards have been turned upside down chevron leading the way and apple up only 7 power lunch starts right now hi, everybody, im kelly evans. Stocks are pulling back after this huge november rally lets go to dominic chu. A huge november rally thats put the dow at least in some catchup territory as you can see in the 2020 over the last year plus, weve s...
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CNBC Squawk On The Street July 12, 2024

Secretary mnuchin resuming talks and as carl just said, stocks are set to rally at the open despite ongoing fears, where are the opportunities for investors . Were going to have a look at the sectors and the stocks that could still be poised for growth in this ongoing and still a covid market as we say, carl, with cases at highs in many states yeah. Indeed though, jim, although there is a lot going on this morning, got to start with the chip story you made the wires by suggesting that xilinx may...
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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

The u. S. And china may Start Talking trade again. Beijing says the phase one progress review should happen soon. Alibaba offered more signs of chinas strengthening rebound. Shares jumped last quarter. The company says it is no threat to National Security. Lets take a look at our final friday session in asia. Sophie kamaruddin is half in hong kong. Green for are seeing asian futures on friday, this after the wobble we saw. We are keeping an eye on names like panasonic. We are keeping and i on a ...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

One progress review should happen soon. More signs offers china strengthening rebound. Sales jumped by one third last quarter to 22 billion. The company insists it is no threat to u. S. National security. Lets take a look at how we are shaping up on this final friday session of the day. Lets get over to sophie he was taking a closer look. What are we watching . Vibes coming through with futures largely higher. We could see some weakness in korea following the drop that we saw for the kospi. On t...
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CNBC Squawk On The Street July 12, 2024

How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme ...
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CNBC Squawk On The Street July 12, 2024

Yeah, look, we saw the market rally and the vibs rally earlier this week. Just a terrible sign the 6 0 the vix the vix is the gauge, supposed to go in opposite direction. And spear downturns. That said, over bought as we are, its actually good. I went back to 1985 when you have periods where you are as overboard as we were, you tend to have 3 corrections and no more so lets have the 3 correction. Lets watch out for the stocks trading. David portnoy, the most important force i believe in the mark...
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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Traders are concerned about the swelling global glut and the lack of storage. The skies are darkening over japan as the coronavirus bomb the dimmest view on the economy for a decade. We have that this hour. Shery breaking news at the moment. We are hearing from treasury secretary mnuchin saying the u. S. Has no current plans to create a Federal Reserve facility to inject funding into nonbank or gauge servicers. This of course as we have seen recent government moves to help the firms get through ...
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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

What curves. Output curves. Kathleen and the biggest demonstration in hong kong in months. The protests will drag on into the new year. Markets have opened. What do you see . Gaining. 2 . Sx 200 ceosurprise resignation of futures are pointing higher. Policy decisions from the fed and ecb as well as aramcos big trading debut in riyadh. And the fed will close out its current session this week with Prime Minister of a going to win a deal. We are waiting on japan final Third Quarter read which could...
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CNBC Squawk On The Street July 14, 2024

Number overall, 130,000 jobs added, that was 20,000 or 30,000 less than expected, at least, given who you were listening to. Private secretator read added 90 job. Participation rate up. 3 , thats the high since 2013 hours worked rose. 1 . That was somewhat expected it is at 34. 4. So overall your reaction overall remains market wary, if you want a job, you can get a job. Thats an amazing economy. 3. 7 we got to get used to that what im shocked at is that i hear people talking about what the tari...
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BLOOMBERG Bloomberg Markets Balance Of Power July 14, 2024

Entire libre system. I understand you will be distributing runtime executable and things like that so that all of that has to be bulletproof for cybersecurity. I was wondering how you would deal with the governance of that . Mr. Marcus two ways. We agree with you that this is of absolute importance. The way we are dealing with that is the language you are referencing will have formal verification in place to avoid issues. To the extent there are no compiler problems. Mr. Marcus the compiler will...
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