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CNBC Squawk On The Street June 22, 2024 - Vimarsana News

CNBC Squawk On The Street June 22, 2024

Cci up one point today. Oil is just above 42. In our road map this morning, target with a beat and a raise while lowes misses. Issuing words of caution, and11s years ago today google went public. First up target posting better than expected numbers. U. S. Comps up 2. 4, driven by items includes apparel. And then theres lowes a Quarterly Earnings miss beating on revenue. Comps up 4. 3 but issuing guidance slightly above consens consensus. 25 straight quarters of underperforming depot. Everyone underperforms depot. That Conference Call yesterday, its like they had this comp average, okay, about ...

BLOOMBERG Bloomberg West June 22, 2024 - Vimarsana News

BLOOMBERG Bloomberg West June 22, 2024

Issued a profit forecast missing estimates. The company is being hit hard by a slump in pc business and its revenue in personal systems dropping 13 yearoveryear. Total revenue declined 8 from this quarter last year. T are we learning about hb hp as they prepare to split into two . Cory johnson is here with me and we also have idc chief Research Officer on us with skype. What do you think about hp s results . Disappointing, but is there a Silver Lining . These results were mixed. If you start digging and you do digging, you see some areas where company clearly has issues. They saw a real cause ...

BLOOMBERG Bloomberg West June 22, 2024 - Vimarsana News

BLOOMBERG Bloomberg West June 22, 2024

Issued a profit forecast that missed estimates. The company is being hit hard by a slumping pc business and its revenue in personal systems dropping 13 yearoveryear. Total revenue declined 8 from this quarter last year. What are we learning about hp as to split in two . Cory johnson is here with me and we also have idc chief Research Officer crawford del prete. Crawford, let me start with you. What do you think about hps results . Disappointing, but is there a Silver Lining . Crawford these results were mixed. If you start digging into these results, you do see some areas where company clearly...

BLOOMBERG On The Move June 22, 2024 - Vimarsana News

BLOOMBERG On The Move June 22, 2024

Next, and you also have the Federal Reserve hike, people worrying about that. Greece that snap election is being called by Alexis Tsipras. Will that cause more instability . Equities we are on the track for the worst week since 2015 in global stocks. We are in correction territory. You were looking at your screens now at manufacturing, falling to 48. 6. This is worse than expected french manufacturing is not recovering. German data is coming out later. But that french number is not looking good. Gold has been rallying, up. 5 . We are on track and goal for the biggest weekly up since january. O...

CNBC Squawk On The Street June 22, 2024 - Vimarsana News

CNBC Squawk On The Street June 22, 2024

Around as much as equities. Oil may put in eight straight weekly losses. Weve not done that since the 1980s. Hp out with results. Sales force ceo calls it the best quarter ever. Find out what else he told cramer last night and fedex launching a 4. 8 bid for a buduh rival. You were not supposed to be here today, but you had the day off. But its important enough to see how this goes down, at least in your mind. I think people are trying to revalue equities. I want to help people. Im not so selfimportant, but i think it is an important day, and i think its one of the things where i think a lot of...