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CNBC Fast July 3, 2024 - Vimarsana News

CNBC Fast July 3, 2024

Good the chart master will make his case for why these two health care losers are ready to make the move from doghouse to the p penthouse. Im melissa lee, coming to you live from studio b at the nasdaq on the desk tonight tim seymour, karen finerman, carter worth, and guy adami. Uber posting its biggest stock drop since october 2022, after reporting a surprise loss in its latest quarter, saying that ride bookings came in below expectations s shopify plunging 19 , making today its worst day on record. The Ecommerce Company forecasting sales growth for the Current Quarter that would be its slowe...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

Fighting continuing in israel today. President biden expected to speak shortly to pledge his support for israel. With the chaos in congress, what can the u. S. Actually do . What can they aprop pre yat . Nothing right now. And we are continuing to monitor the market reactions. Stocks continuing the Late Afternoon rally. Bond yields are falling. The dow was up half a percent, three quarters of a percent for the nasdaq and the s p up. A couple of individual names are in the hotels and travel and leisure broadly. Look at these increases. Hyatt up about 7 . Added to the s p mid cap it gives a boos...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

That is up just a tick. Still well below the 6, 7 high point in june 2022. The threeyear ticking up 0. 2 to 2. 3 . That is below the 4 high we had there. What hasnt moved is the fiveyear, it actually came down. I think thats probably the one between the three and the fiveyear is the one the fed follows most carefully with concern about expectations. Some other things, expected price decline for college, gas, medical care and rent, i would have thought gas would have gone up and driven the thing higher. It did not. Expectations for food prices surged 0. 3 Percentage Points to 5. 6 year over yea...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Revenue. More labor strikes to come. Thousands of hospitality workers in vegas planning to picket this week after another round of failed negotiations with the casinos. Lets begin with the markets trying to build on yesterdays rally, jim. Were you surprised at all by what stocks and oil did . Yes. Actually i started my show last night by saying a little counterintuitive you could have both at the same time. If you take a look at the same time, obviously, vice chair jefferson speaks and boom, 1 30. They couldnt take the oil stocks down because of whats going on in the middle east. They didnt ha...

CNBC Mad July 3, 2024 - Vimarsana News

CNBC Mad July 3, 2024

Thats what im beginning to believe as i survey the sometimes massive destruction in stock prices that weve experienced in march and april. Of course we have a glorious lack of big picture economic information, getting some weaker labor numbers last week that could put the if hefed on a cout interest rates. Weve got a couple of fed officials lurking around, waiting to speak in public. Theres some Consumer Confidence along the way. Not to mention worries about disneys number. When you look at the survey, dow gaining 107 points, s p jumping, nasdaq jumping 1. 9 . You know we have moved on to an a...