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FBC Making Money With Charles Payne July 13, 2024

Charles boeing is up. Was up a lot more after it continues to expect the 737 max to return to service this year. Jackie the initial reaction sent shares down. It was down to 330 a share but as high as 346. What changed the dynamics . Reporter good afternoon, charles. On its face this was a big eps miss. 1. 35 expectation of 2. 09. Revenues were slightly higher than expected. What was said about the 737 max plane. Anment acknowledges they still plan to get it up and running in the fourth quarter. Ceo Dennis Muilenburg said it is a top priority to return it to safe service. That is all it took to get analysts excited. Credit suisse had a note that there was no incremental negative news on the 737. That is really all investors wanted to hear. They looked at this as a crisis. The company is handling it. They are managing it. We baked it into the numbers and it will be on target to get back up and running. Having said that, im not s ....

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FBC Cavuto Coast To Coast July 13, 2024

Russian and Turkish Forces are. Were just trying to ascertain where the president got the thousands of lives that have been saved on the kurds side. At this point, i am not questioning him, we have not found evidence or anyone to corroborate that. When we do, we pass that along. We want to make sure everything on the up and up and information youre hear something accurate. Separately we want to get to the Mark Zuckerberg testimony on capitol hill. This is about the libra currency at the outset or his hiring practice, whether he got too big for his britches and whether he alienated republicans and democrats and in the future his company is broken up. The stock bouncing up because they think he has done a pretty good job thus far. Hillary vaughn with the latest from washington. Hey, hillary. Reporter ohiohi, neil. Mark zuckerberg making the case or assuring lawmakers he will n ....

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FBC Making Money With Charles Payne July 13, 2024

Even when there is great news. We have a tentative deal to break the strike between the uaw and general motors. Tentative truce between china trade war. We have tentative deal for the Great Britain to leave the eu fox businesss Benjamin Hall live with the very latest. Benjamin . Reporter charles, youre absolutely right. Tentative. The hardest part of this deal we have so far what is being ratified by the european parliament, deal between 27 european states and uk. It needs to pass through the british parliament, something theresa may couldnt do after three attempts. The fact is, there is a vote coming up on saturday, when they will see to push that through. At the moment it doesnt seem if Boris Johnson has parliamentary numbers to do that. That is because his Northern Iris ....

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FBC Cavuto Coast To Coast July 13, 2024

Long time before it recovered september highs. How long . Try about 25 years. In other words, the highs we reached that year, at the peek of that bull market, september third, 1929, were not realized again until november 23rd 1954. You hear about catalysts and Hedge Fund Managers at time, were not called Hedge Fund Managers. Were worried about the giddiness building. It was too far, too fast a great comeuppance. Herbert hoover who was providing over roaring market. He came into office in 1928. Things were swimmingly two years later. He would not survive in the next election. Someone who was considered laughable shot rising to the white house, you might remember the name. Franklin roosevelt, Big Government spending liberal, who many said who would have no chance taking 1600 pennsylvania avenue in the middle of a ....

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FBC Making Money With Charles Payne July 13, 2024

Making money. Charles s p 500 hitting another alltime high today, but google is a drag on nasdaq. Blue chip names are powered by really strong domestic consumer economy. That is trying to lift the dow. Speaking of consumers, confidence report from the Conference Board missed. Key components, including business good, business bad, plentiful jobs all bottom much better. Clearing, the Conference Board declared there are no indicators or indications that consumers will curtail the holiday spending. Were halfway through the earnings season, on cusp of big fed decision. In the hour i want read on markets from jack ablin, and jeff saut. Jeff, i will start with you. I was impressed by blue chip earning results, guidance from him. There is sense of anxiety on the market. Dow was up one point right now. People are still hesitant. If you look at big money poll in barrons, 27 of prof ....

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