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CNBC Fast July 2, 2024 - Vimarsana News

CNBC Fast July 2, 2024

Biggest Earnings Report this quarter. What is at stake when nvidia delivers results tomorrow . Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerfinerma steve grasso, and guy adami. And we begin with a staggering result. 103 million americans cannot afford a newly built home. Thats 30 million plus since 2021. We just got results from Toll Brothers, which beat earnings andsales estimates and raised fullyear delivery guidance. That stock is higher by a percent. For more on both these stories, lets bring in diana olick. First, that pop in ...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Tuesday with the nasdaq 100 at alltime highs with a big focus on retail for the next 60 minutes or so. We will hear from lowes. We will hear from macys, too. From target, plans to reduce prices on 5000 items. We know consumers are feeling pressure. Lisa we havent seen it show up , the pressure, and the broadbased confident for disinflation, which is the reason twiddling our thumbs waiting for retail to come down. Annmarie barclays saying challenges for target, cutting into memorial day, expect or of your bargains to go into july 4 like everyday items. The, soda, fresh fruit, yogurt, peanut but...

BLOOMBERG Bloomberg July 3, 2024 - Vimarsana News

BLOOMBERG Bloomberg July 3, 2024

Dor skuler joins in just a bit. Im Katie Greifeld in new york. Looking at markets, it is quiet. The s p 500, we can call that unchanged but the direction is lower. More so if you look at big tech. All eyes on nvidia tomorrow which we will get to do in a moment. Looking at the big benchmark, currently lower by. 2 and even more so if you look at the Philadelphia Semiconductor index, currently down by 1. 3 . That is because nvidia shares are a dropping after the Financial Times reported that Amazon Web Services has halted orders of the Company Super chip. According to the ft, aws is no longer pla...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closing Price for hess on friday. Hess shares are up 2. 25 . Chevron down 2. 9 . This deal comes just wee...

CNBC Closing July 3, 2024 - Vimarsana News

CNBC Closing July 3, 2024

On nvidias numbers . Lets welcome Jordan Jackson is Global Market strategist for jpmorgan Asset Management and stephanie link, hightowers chief strategist and Portfolio Manager and cnbc contributor, both here at post 9. Great to have you. Jordan, a momentous week obviously, and i think the question on everybodys mind is now what . What do you think is next . I think weve got some further upside from here and i think we could see another 5 to 10 upside from here. The reason being you have three put, the fed put, you have the earnings put and the consumer put, right . The fed seems bias to begin...