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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 Fast July 3, 2024 - Vimarsana News

CNBC Fast July 3, 2024

Morning. And a betting bonanza on the kentucky derby. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight bonawyn eison, steve grasso here in new york, dan nathan and guy adami live from los angeles. We start off with the Interest Rate tug of war. Tenyear yields down again today. Theyve dropped 25 basis points from recent highs hit just two weeks ago. They are now at their lowest levels in almost a month. The move comes amid renewed hope of fed rate cuts this year. Chances of at least one cut have risen after the fed meeting and fridays softer than expected jobs...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

Angen soaring and comments on its version of an obesity drug, and apple hires and focuses on that record buyback. Is the Company Using 110 billion to wallpaper over some weakness or were the results not as bad as feared . Steve covac covering apple for us from sfans. Hey, steve. So look. Last quarter revenue was down 4 , iphone sales down 10 , but no one really seems to care because apple gave its shareholders the biggest stock buyback in corporate history. Thats 110 billion, increased the dividend, 4 to 0. 25 and went towards modest growth which was expected as some have been trimming their e...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

We are down. Energy is the big drag today. You have oil down thats weighing on london right now. Novartis, people go on about the defensive nature of the pharmaceutical sector. Heres a Company Delivering on that. Maintaining sticky with guidance. Investors like the narrative that continues in terms of money coming back to them. That stock certainly responding strongly today. Imperial brands down by 3. 05 . Rishi sunak has set effectively over time he will raise the as it would age at which you can buy cigarettes in the u. K. , effectively he will be banning the purchase of cigarettes. If youre...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

It starts with the spike in yields. That tenyear, it touched its highest level since august of 2007. Microsoft Ceo Satya Nadella is taking a stand in the antitrust case against google. Hes testifying or will testify about the difficulty to break into search. Its day one of the criminal trial for Sam Bankmanfried right there in that building. It will begin later this hour. We will be live on the scene. Lets start with the rising yields. Its funny, jim. We had a funny moment last week where you got up and said all well do is talk about the tenyear. I think its kind of true. I know. It didnt star...