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CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

Lunch, everybody. Coming up, a tumultuous week for the world and for the markets, looking like it is going to end with stocks sliding throughout the day. Down more than 1 for the n nasdaq. The dow relatively holding better. All issues, weve got it all covered for you, all the issues investors like you need to know about. That includes bank earnings. Banks mostly strong. Netflix on deck for next week. Well talk to an analyst thats downgraded that stock ahead of results. Slippery patch of late. Lets check on the markets. Speaking of slippery watches the dow gaining on to a 29point gain. The s p ...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Elon musk said all the right things on the call yesterday. More unless expensive models. Lisa we heard we will not get any details about if he can produce 25,000 teslas on their current infrastructure, wait until august. What about robotaxis . Wait for august. Jonathan i dont think you can look at this move without looking at it relative to the year to date loss. We were down by 4 and that we are up by 10. Listen to this, 2. 5 years ago, tesla was worth the same as the next 12 Largest Companies and thats how things have gone wrong in the last couple of years. Annmarie and the big issue is dema...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

Great lineup of guests, our color commentator will join us with some names to watch. Lets get a check on the markets. In the green but the dow jones barely hanging on with the s p 500 up by. 14 and the nasdaq up by one third of 1 . Small moves for the major averages that some big names in individual stocks with tesla jumping more than 10 . Up almost 12 now. This is the vision of elon musk or the future of the company with more on that coming up. Texas instruments jumping on its results, making the chip sector, hasbro jumping even the revenue fell because margins improved and so did profitabili...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

One stock that did not snap the streak was tesla. On the month, down by close to 20 . Down by more than 40 today. Lisa it has been kicked out of the magnificent seven. We have a company that is fighting a sentiment wave as well as the very real wave of competition in china during a fraught market for the electric a fraught moment for the electric vehicle market. Jonathan product release, competition in china, we are trying to figure this out. What is the tesla problem and what is just the broader industry problem right now . Annemarie you are seeing this ev demand around the world especially i...

CNBC Fast July 3, 2024 - Vimarsana News

CNBC Fast July 3, 2024

Bespoke. This is how i want to kick off the conversation. The last four septembers for the s p 500, 2020 were down 4 . 2021 down near 5 . 2022 down more than 9 . 2023 down more than 5 . That sounds bad. The last three q4s, 2020 up almost 12. 2021 up almost 11. 2022 up 7. 2023, question mark. Do we have a repeat . Does history repeat itself . Do we have a good Fourth Quarter for stocks . I believe it will be a positive quarter. Ive said that on air. You have significant quarterly weakness, well talk about the reasons why in a second. I do think the prevailing trend of 2023 takes hold once again...