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FBC Mornings With Maria Bartiromo July 13, 2024

Maria welcome, lowes reporting Quarterly Earnings a moment ago, Ashley Webster are. The numbers. Ashley lets get right to it, eps, adjusted basis 141 per share, better than estimate of 1. 35 but revenue coming in just a tad short 14. 4 billion, we were looking for, or at least the street was locking for 17. 68 billion, a little miss on the revenue side, it is reaffirming says lowes, outlook for the rest of the year, in fact, its raising eps estimates which is pretty solid when you consider disappointing result from home depot yesterday, as you can see, though, premarket, lose down 3 , total sales up 2 , but other than that comp sales were up 3 , the outlook or certainly, about where we expected it to be, maybe as comparing this to home depot, maria, a little less on the downside although i wouldnt say that much on the upside if that makes sense, the stock coming back a li ....

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FBC Maria Bartiromos Wall Street July 13, 2024

So were really in a win win position. Either the tariffs will continue, or well have an acceptable deal with china. So the important thing is to make sure that the deal is what we think it is, make sure that it is consistent with the premises that theyve made to us. Maria and there was a lot of back and forth about that this week. Also this week we saw signs that the consumer is still strong thanks to great retail sales numbers, better than expected earnings from walmart, among others. All of this led to a texassized rally on wall street. And joining me right now to talk about this week and beyond with is the president of the Dallas Federal Reserve bank, robert kaplan. The president of the bank there. And, robert kaplan, its great to have you this weekend. Thanks so much for joining me. Great to talk to you, maria. Maria how would you assess the economy right now . We did get some okay numbers on the consumer this week, ce ....

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FBC FBN AM July 13, 2024

You say goodbye and i say hello. Hello, hello. I dont know why you say goodbye. I say hello. Hello, hello. Lauren welling hello and good morning. Welcome to fbn a. M. Im lauren simonetti. Cheryl saying hello, everybody. It is a thursday. Weve got a lot going on today. Good morning, im cheryl casone. Its a big day and yesterday a giant day tore the markets as we mentioned. Lauren records for the dowd s p 500. All three major averages giving up exactly 0. 15 each. Cheryl lets take a look at whats happening in asia. A lot of news coming out. We had comments overnight from the Chinese Commerce ministry that phase one trade talks depend on the tariffs being canceled p of. In shanghai, we had a slight gang and the kospi coming in with a gang. Lauren germany avoids recession according to the latest gdp numbers. Red arrows across the screen. Cheryl we start with a historic day on capitol hill, a first public hearing in the house impeach ....

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FBC Mornings With Maria Bartiromo July 13, 2024

Maria big show this morning, fox business dagen mcdowell, kings view asset chief Investment Officer scott martin is here and forbes media chairman, former republican president ial candidate, steve forbes. Market will not quit, futures pulling back, once again, what a month, we are coming off best performance since june, dagen. Dagen ive said this, Central Banks around the globe, markets have wind at the backs, if you look at fund manager cash levels plunge, the largest monthly drop in 3 years in the month of november, stock allocations have gotten higher, wall street journal writing about this this week and then the rolling 12month global total for Central Bank Purchase assets to hit 1 trillion, steve is cringing, steve is on fire that im talking about this, it is important to note that despite some of the nega ....

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FBC Maria Bartiromos Wall Street July 13, 2024

So were really in a win win position. Either the tariffs will continue, or well have an acceptable deal with china. So the important thing is to make sure that the deal is what we think it is, make sure that it is consistent with the premises that theyve made to us. Maria and there was a lot of back and forth about that this week. Also this week we saw signs that the consumer is still strong thanks to great retail sales numbers, better than expected earnings from walmart, among others. All of this led to a texassized rally on wall street. And joining me right now to talk about this week and beyond with is the president of the Dallas Federal Reserve bank, robert kaplan. The president of the bank there. And, robert kaplan, its great to have you this weekend. Thanks so much for joining me. Great to talk to you, maria. Maria how would you assess the economy right now . We did get some okay numbers on the consumer this week, ce ....

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