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CNBC Power Lunch July 12, 2024 - Vimarsana News

CNBC Power Lunch July 12, 2024

I see Energy Leading the way welcome just like tyler said, tech is lagging the Broader Market right now. You can look across the sector board behind me. Financials down only 1. 3 . Look at technology its the worst performer down 5. 6 today even as the nasdaq hit a record high yesterday, its not just the big cap tech stocks selling off. The momentum names have been struggling for a lot of this week already take a look at zoom. The stock is up nearly 500 this year the this amounting to a pretty big pause. Same story with tesla. Its down 18 . Finally docusign is down about 10 . About 8 today 10 i...

CNBC Power Lunch July 12, 2024 - Vimarsana News

CNBC Power Lunch July 12, 2024

It Just Announced two new watches, two new ipads and a work out service we got all those details for you and later, weve got two big ceo interviews billionaire tilman joins us on state of business and whole foods ceo will discuss how covid has changed the consumer and the grocery business he says forever. Power lunch starts right now yes, it does thank you. As we mentioned, were one day from the fed decision. Another big event looming, 49 days from now is the president ial election. What do our fed survey respondents think of the candidates policies steve is here with those details. Steve. Tha...

CNBC Squawk Alley July 12, 2024 - Vimarsana News

CNBC Squawk Alley July 12, 2024

Welcome to squawk alley for your wednesday morning im Carl Quintanilla with julia bore steen, mike san tolely with us for the hour dow is lagging down 60 jackson hole tomorrow, of course, were watching hurricane laura, the retailers but mike, crm, continues to astound. We thought 20 gain was impressive its now at session highs of 27 today alone on what bloomberg called the best revenue surprise in a decade. Yeah. Its pretty remarkable obviously the results themselves are emboldening people to say that this was as expensive as the stock has always looked undervalued or misvalued or didnt apprec...

CNBC Power Lunch July 12, 2024 - Vimarsana News

CNBC Power Lunch July 12, 2024

Out. The billionaire Tilman Fertitta will be here power lunch starts right now the dow making major moves to keep up with the changing times and the changing economy bob is looking at the moves and how they will affect the markets. Bob a bit of a shake up in the dow but the moves make some sense. Let me explain why lets take it piece by piece first we have salesforce. Com replacing exxon mobile the apple split has reduced the tech weighting in the dow and we need more Technology Sales force reflect the growing importance of Software Overall in the u. S. Economy. You dont need two Oil Companies...

CNBC Squawk Alley July 12, 2024 - Vimarsana News

CNBC Squawk Alley July 12, 2024

Joining me youre making a point of whether or not we need to see a reconstitution in what we have called f. A. A. N. G. We have had a reemerging. Time to look at some of the lesser known tech names and the smaller teches that are just getting started. We have two of those on the show today. A cloud air company is up big after reporting the latest quarter, and big commerce is finding its footing after its first earnings report. If youre an investor out there and you have gotten motion sickness from teslas stock lain changes. Coming up in just a couple minutes, right thats a great point, jon thi...