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FBC After The Bell July 13, 2024

Facebook and apple are set to report quarterly earnings. Find out numbers here before it impacts your wallet tomorrow. Whether you own the stocks or not it will tell a lot about the economy going forward. Connell we have Fox Team Coverage ahead of all of that gerri willis waiting for all numbers on the floor of the new york stock exchange. Edward lawrence, at the fed reserve in washington. Deirdre bolton on the earnings. We start with you, ed. Reporter Federal Reserve cut 25 basis points off the federal funds rate. They did that the third time in a row. Based on Global Economic slowdown and trade uncertainty. Chair of Federal Reserve jay powell signaled this may be a pause in rate cuts that are coming here. The
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CNBC Worldwide Exchange July 13, 2024

Jumped in early. And hollywood outrage that netflix has a new feature that will let you binge watch all of your shows in hyper speed. Good morning, good afternoon, good evening thank you for joining us on this busy morning the chart to watch today is beyond meat. Shares are off 9 . Posting their first profit ever but the market wanted more we saw shares fall over 10 . Beyond meat, certainly a stock to watch down 9 . An early investor will be with us in a few minutes. A double dose of breaking new in the energy space new reports that saudi aramco aiming to price anticipated ipo that will occur december 4 then the stock will begin trading in riade on december 11 separately, the wall street journal is reporting that Marathon Petroleum may spin off the speed way gas station chain. Also reporting its ceo may be replaced the situation on marathon is fluid. The correct ticker is mpc. There are two marathons. Often confused getting ba ....

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FBC Cavuto Coast To Coast July 14, 2024

Huawei parts and various particulars there. That will freeze up fast. No more extensions. That is the push and pull on stocks right now. Meanwhile this issue of the on going hearing right now, inspector general, many others on capitol hill, whistleblower i should say, where all this is going, sentiment built to the conversation with the ukrainian leader that the president had back in july. A lot of people are looking at this 1998 feeling all over again. House democrats are pouncing on the whistleblowers complaint. It was House Republicans in 1998 were zealously going after impeaching president bill clinton. Impeached him in the house. Went nowhere to the senate. Survived that and had a good post presidency. They did the party out at that time from the white house did recapture the white house a couple years later. Markets were throughout back then. More of a little bit after roller coaster ride. Blake burman is here. Reporter a ....

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CNBC Closing Bell July 14, 2024

Appetite reverses the trend weve seen of late joining us, steven weis, managing partner of weis managing partners. Thanks for being here. Thanks for having me. I like the no tie look. I do that on a friday. Hes, i guess, getting the positive sentiment going here. Absolutely. Even though its only tuesday. When you look at whats really leading the s p higher today, its tech stocks its the Semiconductor Names what do you think right now . So, i own smash which is semiindex, ctf i owned it coming in today, bought more immediately when the news hit its not something i typically do i sold some in the last halfhour. Im not sure this momentum is going to continue. Its highly volatile, and when you have profits and positions that arent core positions, take them, be happy look at where the market is. The market is no further than where it was actually, its lower than where it was. Go back a year and a half, its basically flat core posi ....

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CNBC Closing Bell July 14, 2024

But still red for each of the major indices. Joining us for the full first hour of the show Courtney Gibson from loop capital markets. Courtney, thanks for joining us. Whats your take on today . Investors in a sort of holding pattern, are they, until we get to the fed unbelievable holding pattern. I mean, volumes are down precipitously today. At least they were before i came on the show today. I talked to our equity desk at loop capital and in the u. S. Alone volumes were down somewhere near 30 and even in europe spain was down i think somewhere near 40 on volumes our desk flow today was down substantially as well. It looks and feels as though investors right now are really kind of sitting on their hands markets as you can see, dow down just slightly but recovering back to the highs of the session. Russell is lagging down 0. 7 utilities, real estate the bestperforming sectors. Energy and tech towards the bottom we have got apple ....

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