Page 38 - Financial Engineering News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Turn it off, please. Lets see what happened here this weekend. This is the first time this meeting took place without Charlie Munger being here. Before Warren Buffett took to the stage, this was a stage where there was a lot of emotion that came into this here with a standing ovation for charlie at the top. Roll that back down, please. A standing ovation for charlie right at the top of the meeting after a movie that played a halfhour movie, that played his highlights over the years and funny skits they had done and a standing ovation from 40,000 people who were here at the Convention Center. P...

Down, major averages higher. There is the rate picture today. 450 on the tenyear. Apple helping too. That stock having its best week since december of 2021. Results less bad than feared, and the announcement of a massive buyback the main catalyst there. It takes us to our talk of the tape. Is this the week that apple found its footing. Le i look at your notes today, you say, quote, it is hard to not be more bullish on apple here. Why so . Sure, so i think the risk ultimately coming into earnings was a fear of a guidedown. We got a guideup. So, we move past the june quarter guidedown and look a...

And the yen finds its footing. Im melissa lee here with you tonight. We start with a human move last night on appear 8 after the tech titan announced a monster buyback, the largest in history across all companies. Apple is no strange tore giant repurposes, reducing share count over the last year buying nearly 85 billion worth of stock. Yesterdays announcement brings the total to nearly 700 billion. Is not all just a bit of Financial Engineering. After all, overshadowed, it was a 4 drop in overall sales with iphone revenues down 10 from a year ago. Thats the largest decline since the pandemic. ...

Mornings, thanks for joining us this morning. I am maria bartiromo. I hope you are having a good friday morning friday, may 3, 8 00 a. M. On the east coast, after 10 days without an on camera statement about nationwide college riots President Biden decided to dress chaos had some jewish students afraid to show up for class. Moments like this always, rush to score political points this suspect a moment for politics there should be no place in any campus, no place in america, for antisemitism or threats of violence against. Iran statements home fobba discrimination, destroying property not a pea...

Later on in the session. Will have more on what jay powells comments mean treasury yields here with tenyear yield at 4. 16 . Lets go to lindsey and talk at the same time fed chair jay powell said bringing down inflation will take longer than previously expected he cast doubt at the next policy move could be a hike. Its unlikely that the next policy rate move would be a hike i say unlikely you know, our policy focus is what i mentioned which is how long to keep policy restrictive. Thats all fine and good. Joining us is stifel chief economist lindsay pietza do you remember the days of mike and d...