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CNBC Closing Bell July 14, 2024

We lower on the douby just 6 points some individual stock moves on the final trading day of august to hit check out ulta beauty on track for the worst day ever down around 30 after missing on earnings, revenue, estimates for the fullyear guidance also coming in light blooming brands seeing a spike around 2 00 p. M. After Jana Partners to take a 9 stake in the company saying in a filing it believes shares are undervalued and intends to have discussions with the company about a possible sale. Nearly 8 pop there. Shares of lions gate falling on a report of comcast dropping starz. Comcast is parent of cnbc. Joining us for the entire hour, final hour of the final month of trading for final day of the month of august is mark tepper to these individual stock moves like an ulta, wilfred mentioned target up 25 , ulta down almost 30 . Why are these such severe reactions to earnings, these reratings of the stocks individual story or the
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CNBC Squawk Box July 14, 2024

By. 7 the hang sang was up by 2. 1 the shanghai composite up by 2. 1 in europe right now where there is active trading taking place, green arrows across the board. The biggest gainer is the footsy up by. 8 . Quick check on treasury yields which was so closely watched last week when you saw the temporary inversion in the middle of the day between the 10s and the 2s this morning, 1. 618 the two year is 1. 15 so showing more room than we have seen over the last several sessions. We have a huge week ahead for wall street. Kicking off today, big tech executives testifying at ustr hearings then tomorrow, quarterry lults from home depot, kohls and t. J. Maxx wednesday, fed reports on existing home sales plus reports from lowes target and l. Brands and thursday jackson hole symposium kicks off where, of course, Steve Liesman will be. All leading up to fed chair jay powells big speech which will take place on friday but meanwhile, we want t ....

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BBCNEWS BBC Business Live July 14, 2024

Two fatal accidents. European markets are open and they have opened up in positive territory. Its been another big week of global trade tensions and brexit worries, so well talk through it all with newsnights economics editor, ben chu. Quietly, ever so effectively, microsoft is winning the corporate cloud game. But in an age where brands like apple and google dominate, we want to know do you still use microsoft at home as well as work . Get in touch with us using the hashtag bbcbizlive. Hello and welcome to business live. We start with the only one tech giant that is valued at more than a trillion dollars. Its not amazon or apple, but microsoft. And it has just proved again why it is the worlds most valuable publicly traded company. Injust three months, this giant brought in almost 34 billion in revenue. About the same amount as the value of cypruss entire economy. And unlike a number of the tech giants, this company is actually making money. In fact, 13 billion of profits. How . Offic ....

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FBC FBN AM July 14, 2024

Kramer, well tell you how to experience a little bit of seinfeld in person. It is friday, june 28th, all day. Fbn a. M. Starts right now. Were going to have a party. Meet me at marys place. Were going to have a party. Ashley what a beautiful picture. Good morning, welcome to fbn a. M. Im as ashley webster, in for lauren simonetti. It is june 28th all day, its a friday. Cheryl end of the quarter, end of the month. Good morning, im cheryl casone. So lets take a look at how your money is moving this morning dow on pace for the best june since 1938, s p on track, best june since 1955. Green arrows s. Ashley investors keeping an eye on economic day a take today, lots of things for the market to consider. Were getting earnings from Constellation Brands before the bell. Cheryl stocks in asia, ahead of the big meeting between President Trump and xijinping, all red arrows acros ....

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CNBC Squawk On The Street July 14, 2024

With a trade war truce near . President trump saying his upcoming meeting with president xi will work out for both countries. Stocks set to rally at the open new records within striking distance the s p closing out its best first half since 1998. And playing down the trade risks, nike delivering strong revenues in the Fourth Quarter, customers buying more sneakers and sports gear and china sales surging. First up, the markets. Stocks getting ready to wrap up a strong month the s p 500 on track for its best june since 1955 for the dow, best june since 1938 heading into the final session of the first half, all three major indices are up double digits year to date, led by the nasdaq with a 20 gain europe is higher this morning, hopes are building for g20. You hear superlatives like that, best june in decades, is that a bullish thing . I think it is net bullish the duration, the strength of the recovery, im looking at this on a ninemo ....

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