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CNBC The July 3, 2024 - Vimarsana News

CNBC The July 3, 2024

Hes out, hes in. He says starbucks needs to fix its stores to win back customers, but bank of america sticking with a buy on the company. Sitting 50 upside for the stock from here. That analyst will join us to make her case. And is she bringing cappuccinos, too . Disney on deck to report. What to watch for, how to position on that name and two more. Thats ahead in the earnings exchange. We begin with todays markets. Don chu. The bounceback continuing off the recent lows we have seen over the course week and a half or so. Right now the markets are green across the board, but fractionally so, bu...

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...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

4. 789 . Meantime, couple of stocks to tell you about. Mccormick, the spice company, reported today. Earnings were lower than last year in line with estimates. Sales also fell missing estimate. Thats why the stock is off today by 8 and 17 so far this year. Airbnb also lower. Key bank downgrading the stock saying the tail winds have been helping the company are starting to slow. Airbnb still up 50 year to date, tyler, but down almost 6 today. All right. Thank you, kelly. We begin with breaking news at the capitol in the effort to ois Kevin Mccarthy as speaker of the house. It is coming to a vot...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

Highs. As dom mentioned, a couple of days left in the trading mark. The s p is down 4. 5 and the nasdaq down almost 6 . It has come as the flip side of higher yields. The tenyear yield closing level on august 31st was just 409 as you can see over here. We jumped more than 55 basis points in a month at 462 latest check this hour. Lets bring in rick san tetelli from chicago with more. Rick. I tell you, if i had to make a prediction folks, this is just my opinion but i would say i have a cycle interim top showing up technically. So today and tomorrow are very key days if you are watching the trea...

CNBC Power July 3, 2024 - Vimarsana News

CNBC Power July 3, 2024

The day with the s p 500 up 1. 3 , building on the gains from yesterday. Biotech and Technology Stocks bouncing back with ten of the 11 s p sectors trading in positive territory. And lets draw your attention to spotify, up a whopping 16 , highest level since march of 2021 on the back of its earnings beat also, check out jetblue, sinking after reporting worse than expected revenue. On the other hand, aviation engineer making air owe maker ge autos, gm up beating on earnings well take a technical look at that name further ahead. Another name, that would be tesla reporting after the bell that nam...