We have a guest with us today. And now, yields are falling, and it is following a fed meeting that did little to bring investors clarity and leaving them dazed and confused. Pete, is that what this is about in the wake of what the fed said. Yes, and the fed has not given anybody anything they are looking for, the confidence and the uncertain factor, and ms. Yellen brought it up, and of course, next week, the brexit, and what is happening in the market . Explosive move in the volatility index up 40 in a week, and it had been running around for a low rate for a long time, and measuring between 13 and call it 14. 5 or somewhere in that range, and then suddenly, we get the spike and we are into the 20s and it is a much more difficult trade for all of of us, and that is a little bit of the sense of where are we in the terms of the uncertainty of what is going on right now, and then next week we will get a lot of things answered. And colbert, welcome back into the crew today, and how should
By more than expected last week. Separately flipping from july to august. You are seeing green arrows, the dow futures up by 24 points. We did see slight gains like this yesterday when the markets closed. S p futures up by 2. Nasdaq but by 2. 5. If you check things occupy, the nikkei was down. The hang seng up, and shanghai up by 1 . Ahead of that brexit vote, the dax up by 0. 6 . The cac up by. 30. Tesla offering to buy solar city. Tesla would pay 26. 50 to 28. 50 a share. Thats a 25 to 35 premium to tuesdays closing price. Of course, solar citys stock has been down in a very big way this year. Elon musk controls both of those companies. Hes calling this deal a nobrainer that customers could buy an electric car, home battery and solar system all at once. The question is whether it puts too much pressure on tesla assess Balance Sheet. If youre an investor in tesla not youre thrilled. Its all about the battery, and theres a recovering story about two companies controlled by the same per
To impress investors and for palantir pa palantir down 12 . Allovir is going for a deal valued at 8 billion what that means for the rest of the space and start with breaking news. Steve liesman has that. New york fed out with its Consumer Expectation survey and finds Inflation Expectations registered their biggest drop on record this series goes back to 2013 Inflation Expectations for gasoline, for food and for home prices, here are the numbers down 0. 6 on the oneyear at 6. 2 the one year ahead of Inflation Expectations, thats still too high but its come down. Threeyear, 3. 2 down 0. 4 and five here year down by 0. 5 . The one the fed focuses most on and will be heartened to see it move toward its 2 target and Household Income expectations up but declined for spending. Jon, this is something the market wants to see the fed give a breather and shows how tied these expectations are to gasoline jon. For sure. Lots of different data to consider to start a new week, steve, thank you lets t
Financial and compliance reporting software company Workiva (NYSE:WK) reported results ahead of analysts' expectations in Q1 CY2024, with revenue up 17% year on year to $175.7 million. On the other hand, next quarter's revenue guidance of $175 million was less impressive, coming in 1.3% below analysts' estimates. It made a non-GAAP profit of $0.22 per share, improving from its loss of $0.12 per share in the same quarter last year.