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CNBC Closing Bell June 22, 2024

Electrovehicles. They publish everybodys income tax returns. Should we publish that here . How much everyone makes, what their house is worth . And the corn is this high in kansas right now. Everything is very very green, by the way. You are not allowed to take another vacation. Neither are you. The markets seem to be celebrating today. Stocks up nearly 1 . Dow up more than 200 points. More focused on earnings than the volatility in the Chinese Market. Energy stocks leading the charge today with the S P Energy Sector up nearly 3 and some big gains in names like exxon. Take a look at twitter, rallying ahead of its earnings report. Weve got an analyst saying twitter is his least favorite stock he covers. Find out why. See if they wait until 4 00 to release twitters earnings unlike last time when they were leaked early. Homeownership hitting its lowest level since 1967. We ha ....

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CNBC Squawk On The Street June 22, 2024

Twitter. Shares down 11 premarket after showing the worst growth rate ever. I spoke the outgoing Procter Gamble ceo yesterday. That coming up. Some disappointing guidance but first up twitter taking a hit despite beating expectations revenue up 61 in the user growth quarter. Interim ceo dorsey last night expressing his dissatisfaction during the Conference Call. Instant time lines and logged out experiences have not yet had meaningful impact on growing our participation. This is unacceptable and were not happy about it. We need to do three things. One, we need to ensure a more disciplined execution. Two, we need to simplify our service to deliver twitters value faster and three, we need to better communicate our value. Stock closed at 5 . Ended up down 11 after hours. The quote of the day, we do not expect to see sustained meaningful growth until we reach the mass market and ....

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CNBC Power Lunch June 22, 2024

Bingo fuel meaning hes almost dry. Youve got allgaunt pilot saying hes funning out of fuel. There will be a window of opening in about 20 minutes for landing. Yeah i dont have 20 minutes. This is 426, roger, and thats unless it is an emergency, there is grand Forks Airport which is 70 miles to the north. Yeah, listen. Were bingo fuel here in about probably three, three to four minutes and i got to come in and land. This is 426, roger. All right. Youll have to like i said declare an emergency for that with the Minneapolis Center and then we would coordinate to get you in. Okay, im going to give them about an another three minutes to see if we can set 3358894. Then ill see if we can get this coordinated prior to i get down to having to do that, ill do that. Thank you for that. This is 426 roger. Your company dispatch should have been aware of this for a number of months. Oka ....

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CNBC Squawk On The Street June 22, 2024

Facebook results beating sales, profits, user growth higher than estimated. The stock is lower in the premarket. The big story for cigna, david cordana ceo joins us whole foods des appointments for the second straight quarter. It is down double digits as earnings miss expectations the governments initial reading of Second Quarter gdp coming below consensus, 2. 3 . Stronger Consumer Spending a slowdown of imports and a hike in Government Spending driving those results. First quarter up to. 6 from a previously reported contraction. Construction not bad. It echos what yellen and the fed said moderate growth continues. I had sandy cutler on the ceo. He said, you look around we are the best in the bad neighborhood, the globe. We are the best performing company. He is including china. He this is the numbers are complet ....

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CNBC Worldwide Exchange June 22, 2024

Market. Lenltds are a go. Airbus on hier plane deliveries. Booking a charge related to its military program. Good morning, everyone. Thank goodness, its friday. Lets get straight to Economic Data points. We just got the italian june unemployment numbers. It has jumped up to 12. 7 from 12. 5 in may. Another rise. A look at youth unemployment. Thats been worrying over the last couple of year as were just emerging out of the midst of the eurozone debt crisis. Even if the Italian Economy is recovering, were not seeing that through to the labor markets. The overall jobless rate, 12. 7 . Were expecting the euro zone jobless rate. That should hold steady at just over 11 . Lets go back to earnings. Frances biggest lender by ses t asse assets, bnp paribas. Lets get out to stephane who has been speaking to the cfo. The bank posted much stronger than expected earnings in the
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