And the department of justice getsset for the fullcourt press on livenation and ticketmaster. And later, Wage Inflation meets sticker shock in florida its thursday, may 23rd, 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 check of the stock futures stude futures are higher the dow has been moving between positive and flat. You can see it is down fractionally right now you see the nasdaq up big following the nvidia report. The s p firmly in green territory. This is following the release of the feds minutes and raising concerns of the persistent inflation and signaling a longer timeline for cuts than expected. The expectation for the july meeting stands at 18 . According to the cme, it was 25 earlier this week. David solomon expects zero rate cuts this year Jpmorgan Chases Ceo Jamie Dimon shared a similar outlook
A hard landing. Can inflation be stickier than people think . The odds are higher because of the fiscal stimulus in the system and driving the liquidity with the markets going up. German Business Activity growing for a second straight month as services surge, but it is a different story in france where activity contracts coming in below forecast. Mark your calendars, Prime Minister rishi sunak marks when they will go to the polls. The fourth of july he has an uphill battle closing the gap in the polls good morning, everyone more pmi data coming your way. Eurozone flash manufacturing pmi at 53. 3 against 53. 7 in april. Flash services pmi at 53. 3 against 53. 3 in april. Not too much of a change here. It was a tale of two stories of the economies. We saw the private sector activity unexpectedly contracting in the month of may according to the pmi german Business Activity grew for the second consecutive month with the pmi rising to 52. 2. On the manufacturing side, still a little bit of
And call it Identity Theft as Scarlett Johansson calls out openai and sam altman. Its tuesday, may 21st, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to thank you for being with us. Lets look at the stock futures on this tuesday. A muted start right now. A bit mixed. Nasdaq in the red. You see the dow opening up slightly higher. The s p is essentially flat. Lets stick with the nasdaq. We watch the tech trade with the fresh record ahead of the huge report from nvidia. Before nvidia, investors get ready for the consumer. We have a lot of big reports. Lowes and macys and urban j outfitters. Urban outfitters moving 1 higher ahead of its report. We have fed speakers in the last 24 hours downplaying optimism over the cpi report last week. The benchmark at 4. 42. The twoyear yield is at 4. 83. We also want to hit commodities. Gold hitting an alltime high. It is pulling back a bit right now but, close to the alltime high. Down. 75 . Yeartodate, up 17 . That
Many have the potential to be 5 the b billion drugs. The nasdaq closes at an alltime high as the fed is focused on the next move. And the eurozone pressures as german Producer Prices fall more than expected in the softer energy rates. Microsoft unveiling its latest lineup of a. I. Focused pcs as the race to get Artificial Intelligence tools into the hands of consumers and businesses heats up. Good morning. Welcome to street signs. Great to have you with us this morning. Lets get back to the top story. Astrazeneca aims to reach 80 billion of revenue by 2030 amid Significant Growth with the oncology and rare disease portfolios. The pharma giant will expand the drug pipeline with 20 new medicines. Arabile is joining us from cambridge. You have been talking to the cfo. Reporter i have carolin. It is one thing to have an ambitious plan, but another to get the growth from. You are nearly doubling the revenue from 45. 8 billion the to 80 billion by the end of the 2030 timeline saying they pla
Tells cnbc his government is opening an investigation into a report that there is a plan to devalue his countrys currency. Nobody will be happy about this but the good thing is they will not succeed. Qatar is an open economy benefits and rewards dont pay off for sodexo revenue and profits came in shy of expectations sending shares down in paris. Better news for bouygues shares hit highs not seen since 2008 as the Company Increases its gins were roughly an hour into the trading session in europe. Its ban deen a difficult coupl days in the u. S. The oil sector has been weighing in on stocks in europe, things are broadly shifting to the green. Theres a broad sweep towards the most positives for most stocks in the indices. That points to a stronger day for the Overall Index up 0. 4 . Now, just some of that has been led by the stabilization overnight that we saw in some of the asian indices. As you can see, the nikkei posted a strong overnight session, up 1. 5 shanghai a little bit weaker,