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CNBC Mad July 3, 2024 - Vimarsana News

CNBC Mad July 3, 2024

Nonfarm labor report. Were so obsessed with what the big picture data might mean to the fed that it even controls the action during the single most important week of the earnings calendar. Fortunately today it went our way with the dow gaining 322 points, s p climbing. 91 and nasdaq jumping 1. 51 but i think thats because we can breathe a sigh of relief the fed meeting is behind us why do we have to hope tomorrow will bring a weak employment number with fewer jobs added, more modest wage growth . Because after todays beautiful absence of what we call macro numbers the fed obsession will start ...

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...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Shery youre watching daybreak a show live from new york, sydney and hong kong. Haidi the top stories, asian stocks are lower as volatility ratchets up. The dollar is extending gains. Tesla in the crosshairs as a beneficiary of subsidies. The ftc is accusing the ecommerce giant of monopolizing services in challenging sellers. Shery take a look at futures. Muted moves after the s p 500 fell to the lowest level since early june. We are on track for the worse month this year. The fear gauge is climbing above its average to the highest level since may. Investors are digesting data with Consumer Con...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

Afternoon. Two big deals to tell you about. First, disney and charter ending their dispute right in time for charter customers to watch monday night football on espn. A lot of new york subscribers. The jets, as everybody here knows, are playing tonight. Charter shares are up 3 1 2 . Wbd up as well on brighter prospects for the tv business. Well have more on that coming up. And a different kind of deal. Smucker is buying hostess for about 5. 6 billion. Should help smucker grow in what the ceo is calling Convenient Food occasions and what we call junk food. Well get a traders take on what this m...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

Afternoon. Two big deals to tell you about. First, disney and charter ending their dispute right in time for charter customers to watch monday night football on espn. A lot of new york subscribers. The jets, as everybody here knows, are playing tonight. Charter shares are up 3 1 2 . Wbd up as well on brighter prospects for the tv business. Well have more on that coming up. And a different kind of deal. Smucker is buying hostess for about 5. 6 billion. Should help smucker grow in what the ceo is calling Convenient Food occasions and what we call junk food. Well get a traders take on what this m...