FBC Varney July 3, 2024
Good morning, im david asman in for stuart the varney today. Meta is bleeding cash. The companys lost 200 billion, thereabouts, in market value since their report after the bell yesterday. Now, Mark Zuckerberg says he plans to spend billions more on artificial intelligence. That had investors a little concerned. Meanwhile, gdp for the First Quarter coming in well below expectations. That accelerated selling. The dow is now down 447 points. The nasdaq is down 276 points, so its going to be a wild day for trading. Lets check the Interest Rates. The 10year just above 4. 6. Its now 4. 7. 2 right n...