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Transcripts For BLOOMBERG Bloomberg 20240703

Forecast for profit. That is coming up in just a bit. Im Katie Greifeld. He markets at the moment, quiet at alltime highs. We broke to the levels on both the s p 500 and nasdaq 100 yesterday, still hovering around there. Taking a bit of a breather. The s p 500 only up by. 1 . The same story at the nasdaq 100, the big tech benchmark currently higher by. 1 . When you are at an alltime high, maybe it is not worth complaining. In the bond market, a little bit of a selloff. Yields on the 10 year currently higher by three basis points but well below where we were with the 10 year currently trading at 4. 36 . Lets get back to earnings. Sales at walmart surging as wealthy shoppers flock to the retailer. The company posting First Quarter sales growth along with a better than expected full year outlook. Consumers getting staples or big purchases. Is this a trade it down that we are seeing a boost in walmart . Yes, it is. It has been one of the big fisheries when the surge we had. Consumer being

GameStop shares take big hit

Shares dropped 25.9% following the announcement Friday of a 45-million-share offering and disappointing preliminary first-quarter revenue estimates.

Wall Street Jumps Back To Record Highs, Dow Hits 40,000 As Inflation Fears Recede, Meme Stock Frenzy Returns: This Week In The Market - AMC Enter Hldgs (NYSE:AMC), Chubb (NYSE:CB)

Wall Street Jumps Back To Record Highs, Dow Hits 40,000 As Inflation Fears Recede, Meme Stock Frenzy Returns: This Week In The Market - AMC Enter Hldgs (NYSE:AMC), Chubb (NYSE:CB)
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Warren Buffett s Berkshire Buys Up Chubb As Insurance Market Faces Trouble : A Bold Contrarian Bet? Warren Buffett Has Piled Into Chubb - Contrarian Bet? - Chubb (NYSE:CB)

Warren Buffett's Berkshire Hathaway bought 26 million shares of Chubb, causing the stock to soar 8.21%. This move reflects his contrarian approach and confidence in the company's long-term prospects amidst challenges in the insurance industry.

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