Ed google ceo blasting the failure of the gemini image generation feature is the Company Looks to remedy the situation. The Company Reports earnings going public. New ai products. All that and so much more prayed lets check in on these markets because there was Economic Data not much to catch the attention today. Currently off about 4 10 of 1 on the nasdaq really caring about the pce number. Inflation data by the Federal Reserve which comes out tomorrow. We see a little bit of a selloff ahead. This is the u. S. Trade inversion down 1. 5 so really some weakness coming over a pretty ugly day in china trading. Nothing really moving just about one basis point. Where there is action to him on the macro perspective looking at one particular asset choice. One 7. 7 higher. We are encroaching on that 69,000 record level we know the 61,000 has been eclipsed. Good old supply demand dynamics. We know the supply side will be halved in the amount of bitcoin mind during april. Not many holders are se
Selfdriving car ambitions and why that may actually be good news for the stock. Plus hong kong looks to get its property sector back on the right foot and its investor happy to go along for the ride. Shares of bumble sink as we go to the open. Its wednesday, february 28th, 2024, and youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Were going to kick off this hour with a check of u. S. Stock futures after a bit of a mixed day for stocks that saw the dow close lower but the s p and nasdaq finished very slightly higher. Right now you can see red across the board. It looks like the tow could open at 145 points lower. Nasdaq is the hardest hit, down over a half a percent. At least 46 s p 500 stocks are trading at 52week highs or a alltime highs with big tech or communication services. Take a look at some of the names. Were talking about ross stores, ulta beauty, tractor supply, volcan materials. Russell 2000 is coming off i
Amy President Biden calls on donald trump to join him in a bipartisan bill to further militarize the u. S. Mexico border and crack down on migrants in and asylumseekers. We will speak to the leading immigrant rights advocate. We look at an intercept expose of a controversial New York Times article. There is no News Organization in the world with greater influence, particularly over the u. S. Government and American Public opinion, that the New York Times. To publish a story the middle of a war that makes incendiary allegations, you have to have that knelt down tight because if you get something wrong, it can take lives. In this case, we see a deeply flawed peacemaking extremely incendiary allegations. Amy we will speak with reporters Jeremy Scahill and ryan grim. All that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. In gaza, the official death toll has topped 30,200 as Israeli Forces continue their daily attacks one day af
Of the far left thats upset about the response to palestine. Thats Rashida Tlaib and more. Theyre not going to vote for trump in november so theyll stay home then. American people expect a level of transparency is what was really said behind closed doors with President Biden. Unless the public really pushes the city council to amend the law if not outright appeal them, the mayor is up the creek without a paddle. People working for the federal government receiving taxpayer salaries will be basically lining up democratic voters. Im not surprised by this. Stuart what is this song . I like the rhythm and momentum. Its 11 00 eastern time. Wednesday, february 28. What kind of accent was that . Stuart not a very good one. Thats why youre laughing obviously. Check the markets please and the dow is only now 60 points and its only down 58. A lot worse earlier. Show me big tech, please. Its been a mixed picture earlier and now. Microsoft is the only winner. Amazon, alphabet, apple on the downside
Roughly 328point drop this is a market we havent seen in a while bryn, maybe well start with you on whether or not this is the beginning of something great or just the pullback to cool off the jets for the time being. I think now we can say its a pullback technicals were saying we were overbought, which we had been in july august, as you have talked about all week, has not been a good month typically for stocks i think this is a breather i want to say talking about the debt down grade, thank you fitch, thank you finally someone says what needed to be said is that, you know, dom, in 2021 Interest Payments were about a third of what we pay on social security, which is around 1. 2 trillion as we know today Interest Payments on the debt are at a trillion dollars and growing i think whats been what needs to be said, and although it hasnt reflected the market today, a lot of this inflationary pressure, the fed will not say any of it has to do with Government Spending i think we all know it h