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June 21, 2024
After rbi governor takes the market by surprise with a rate cut citing lower energy and food prices. No deal on the line. Blackberry shares reverse course after jumping as much as 30 after the phone maker and samsung deny a report of a 7. 5 billion deal. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. We have just got confirmation that german gdp has come in at 1. 45 . Thats the strongest rate in three years. Its coming in as expected at that moment and the q...
June 21, 2024
A little chop in the market today as we watch political turmoil in greece. Oil moving higher, back above 55. Some supply concerns bubbling over in libya. In the tenyear, settled back to 222. That is about a oneweek low. Our road map begins with global fears returning to the market. Greeces failure to elect a president has europe in the red and u. S. Futures pointing slightly lower. Forget the Movie Theater on demand. Nearly five times the size of the physical box office. What it means for the fu...
June 21, 2024
Those greek elections. Well talk futures, oil, the euro all bouncing off overnight lows. Americas largest home builder up more than 6 that is the stock and the premarket. And Apple Earnings on deck a report that apple sales in china exceed those in the u. S. Plus is apple pay at a Tipping Point . More on those stories in a few moments. First up though lets talk about these markets. Obviously a lot of people wondered what this morning would look like after the greek elections. The serisa party ta...
June 21, 2024
Begins right now. Good morning again, everybody. Welcome back to squawk box here on cnbc first in business worldwide. Im becky quick with brian sullivan. Joe and andrew are off today. General motors have announced new recalls with an ignition lock. The number is a relatively small 83,000 vehicles. But it comes after their record year of recalls in 2014. Elon musk and his wife are divorcing for a second time. They first married in 2010. They divorced in 2012 and remarried in 2013. And a total of ...
June 21, 2024
Rate has been in place almost 18 to 24 months now. Almost everyone is on board and understands it. Gold bounced hard an explosion rocks and exxon refinery today. For workers were slightly hurt but no signs of foul play. Get ready for the third auction of coin. 25 grand for a friend. Two of the hottest Tech Startups around snapchat raising more money theyve been talking about raising funding revenue for a month. They are talking about 2. 8 billion. Heavy interest in this. Snapchat has a valuation...
June 21, 2024
Asking is if they will make a play as they hurdle. They may ask for the extension of the Loan Agreement. It stands firm on the renegotiation of the Bailout Program. Confused . We will try to explain. We are joined from brussels and athens. Let me start with you. Explain the difference to me, if you could between asking for a bailout extension and a loan extension. To get the bailout extension, they would have to complete the Bailout Program that ends at the end of this month. What they are sayin...
June 21, 2024
Chevy, its volt . Lets go to apple. M. I. T. s john leonard. You see technology for doing very precise localization in mapping. Some of the sort of parts of this whats involved in the google car. So its a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. Tim higgins, i love i didnt think about this but then i saw it. Oh, yeah. Tim higgins came from detroit. You come here to cover apple. What are the similarities between these companies . Fo...
June 21, 2024
Bit worried about Interest Rate has been in place almost 18 to 24 months now. Almost everyone is on board and understands it. Gold bounced hard an explosion rocks and exxon refinery today. Four workers were slightly hurt, but no signs of foul play. Get ready for the third auction of bitcoin from silk road. Bitcoin prices have fallen about 52 speaking the winners we now know who plunked down 300 grand for dinner. The winner was fisa ceo shane smith vice ceo shane smith. Two of the hottest Tech St...
June 21, 2024
Solidarity and country own efforts are two sides of the same coin. A spokesman said the new proposal does not offer a substantive solution. The European Central bank policymakers reveal that buying government that was the only adequate option open to them when they debated a Quantitative Easing Program last month. Documents released this morning for the first time ever. The bank decided on a 1. 3 trillion asset buying plan in january because its at existing programs would fall short. Interest se...
June 21, 2024
Should toyota worry . Chevy, its volt . Lets go to apple. M. I. T. s john leonard. You see technology for doing very precise localization in mapping. Some of the sort of parts of this whats involved in the google car. So its a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. Tim higgins, i love i didnt think about this but then i saw it. Oh, yeah. Tim higgins came from detroit. You covered the automakers and you come here to cover apple. W...