Relatively mixed loyal shares on track for their worst day in nine months after top line growth misses the mark in the Second Quarter dont miss our interview with jeanpaul agon at 11 30 Central European time. And apple shares jump in afterhours trade after beating expectations and returning to growth in the Third Quarter but iphone sales miss estimates. A bit of a mixed message in the european markets the xetra dax performing relatively well as is the ftse mib in italy the cac 40 in paris and the ftse in london in the red its the thick of earnings season in europe a lot of these numbers being driven by whats going on in those various markets. As we talk about some of the companies that are in focus in the thick of therapyings season, you have major reports from the financi airli airlines airfranceklm up strongly after posting a 15 rise in quarterly operating profit loreal over here in the far right corner for me is trading near the bottom of the index after posting weaker than expected
And adjust for growth rates, there is not a meaningful valuation difference. Haleon eyes higher revenue in 20 24 and the ceo says shoppers are sticking to brand names. Moving to private label is minimal. We have seen Little Movement to generics with a pharmacy business in europe. Overall, categories have moved well. And the luxury brand beats with a 17 jump in group revenue. And air france shares are wider in the Fourth Quarter despite record fullyear re revenue. Good morning and good afternoon to everyone. Happy leap day. Lets get back to earnings. Hong Kong Exchange has posted a 13 drop in Fourth Quarter net profit. A slowdown in the chinese economy and fewer listings hit the volume at the hkex hit at 20 . Emily tan spoke to the ceo and asked him whats guiding sentiment. Interest rates are important, especially in the market like ours, with a lot of Technology Companies. This high pe companies, like hkex, we are trading 20 times e earnings which means cash flows are in the future. Ha
Stopgap funding bill to kick the can down the road a bit longer. And later on, a closer look at one sector that is sis gaini lot of ground in 2024. Its friday, march 1st, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Im frank holland. Lets get you road ready for the first trading day of the month. The check of the stock futures. The s p and nasdaq sitting at alltime record highs leaping to them on leap day. You can see a bit of a mixed picture. Dow down 35 points. You see the nasdaq firmly in the green. S p is fractionally higher and almost flat right here. The dow, s p and nasdaq off the fourth straight winning month in h a row. The nasdaq is the leader. With the nasdaq coming off the first record close in more than two years, we get a check of the stocks to help us get here. Nvidia is up 61 . Constellation energy may be a pr surprise. The best stock in the s p and followed by meta up 39 . The bond market check after the pc
And just how high the a. I. Trade can fly. And tracking Consumer Spending trends ahead of the unofficial kickoff of summer its friday, may 24th, 2024. Youre watching Worldwide Exchange right here on cnbc good morning and welcome to Worldwide Exchange. Thank you so much for being here with us. Lets get you ready for the trading day ahead. We kickoff the hour with the stock futures check. Take a look. The futures are in the green. The dow would open up 20 points higher right now, the markets are looking to rebound from the selloff fueled by concerns of the fed and outlook for cuts that negated another Strong Quarter from nvidia. The dow had the worst day since march falling more than 600 points closer lower by 1. 5 . The nasdaq and s p 500 having the worst day since april with the s p on pace to snap a fourday win streak. For weeks, we have been debating if the earnings were the driver for the fed. We got our answer yesterday. Stronger than expected pmi numbers weighed on investors with
Tariffs and no differential support. So, in general, im in favor of no tariffs french president Emmanuel Macron tells cnbc that europe can develop into a tech hub and he wants to see the regions a. I. Startups close the innovation gap on the u. S. And china. I think it is good for the u. S. Ecosystem to have a vivid and vibrant and ambitious european ecosystem it is in the best interest we need more europe. European markets are on pace for their steepest daily drop in five weeks tracking wall street in the red as stubbornly high data throws the rates in doubt. And janet yellen calls for g7 countries to tackle overcapacity as Bruno Le Marie speaks out. The war in neither in the interest of the u. S. Or china or any country in the world we need an assessment of the situation. Hello and good morning weve got a busy show ahead of us lets get rolling here elon musk insisting he does not support the biden administrations announced tariffs on chinese evs this after washington slapped a 100 bo