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CNBC Squawk Box July 13, 2024

I know. Alltime highs we have like, what, 39 trading days to go is that it . It is a tight time frame here the interesting thing around the market is it has shrugged off concern. One of the reason the market has gone higher is because of really light positioning. That mentality hasnt changed. That has fuelled the rally in the market you see the dow in the green but just barely. Nasdaq futures down by a point again, we are sitting at new highs after the gains we added on yesterday you look at the treasury market yielding 1. 85 xerox looking at buying hp. The company has an informal funding commitment xerox has a Market Company a third of hp. Both of these companies former technology stall waters. Xerox has had a couple of falls. Do people steel xerox things it is like faxing. Hp has tried to keep up it is like help me im drowning. Hp shares are up. Xerox somehow is the acquiring company. And there would be a premium to hps market c ....

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CNBC Power Lunch July 13, 2024

Later, chipotle, one of the best stocks the ceo will join us power lunch starts right now welcome to power lunch check out the markets and the performance here today the record rally hitting a roadblo roadblock. Hanging onto gains ever so slightly here. Take a look at microsoft that stock hitting a fresh record high today. Its now up 50 so far this year well have more on that later. Tech stock really on tear having the best year since 2009 up about 41 bill, over to you. Thank you we start with two of the big movers today kohls and home depot. Accounting for nearly all the declines today both stocks sinking after slowing in sales are these retail reality check lets head over to bob for more on todays retail wreck. Hello good to see you. This is a difficult question right now because there was a lot of questions on the Conference Call about this home depot sales missed to what they call timing of certain
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MSNBC Symone July 7, 2024

things they care about. we don t have to make things up when the republicans do their big tax bill in 2017, they said it will reduce your taxes to the average middle class person. it was aimed at the rich. we are talking about exactly what this bill does. we don t have to make it up because we are aiming directly at the american people and what they want. so, let me say this. say no to something is easy. it gets mistaken that no, say no, that is tough. there is no strategy or counting to saying no. it s simple, it is easy. legislating is about getting to yes. i ve always been a yes person. not a no person. always wanted to get something done. if you ask me, what helped you get the stun? some people have asked me that. i put it in one word, persistence. i just tell you a brief story for those of you who haven t heard about my dad. my dad passed away in november, he would have been 99 on flight day, june 14th. he was i won t go into the whole story, but he was a brillia ....

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CNBC Power July 3, 2024

4. 789 . Meantime, couple of stocks to tell you about. Mccormick, the spice company, reported today. Earnings were lower than last year in line with estimates. Sales also fell missing estimate. Thats why the stock is off today by 8 and 17 so far this year. Airbnb also lower. Key bank downgrading the stock saying the tail winds have been helping the company are starting to slow. Airbnb still up 50 year to date, tyler, but down almost 6 today. All right. Thank you, kelly. We begin with breaking news at the capitol in the effort to ois Kevin Mccarthy as speaker of the house. It is coming to a vote, several votes likely here right now. Lets go to Emily Wilkins on the hill. Emily . Reporter hi, tyler. Well, yes, speaker Kevin Mccarthys speakership is in a very perilous position right now. We know there are at least six republi ....

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CNBC Squawk July 3, 2024

Move higher in treasury yields in response to that jolts number. So, adding to the other concerns about supplier treasuries and all the rest, we did have some hot economic data. The question is, mike, where do you go when you are seeing yields move this fast and this far up . Because the safe havens that you go to during a weaker economy like Consumer Staples and utilities are getting whacked on the back of these higher rates because they pay high dividend. Theyre rate alternative. The cyclicals get hurt. Tech is getting hurt because you worry about valuations on the back of higher rates. Whats left . Whats interesting is that tech in particular has acted, at least the very largest companies, have acted a little more as defense than as pure Interest Rate proxies in the last little while. Yesterday nasdaq 100 was up. When you had yields making new highs. Part is the
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