And later on, there is no alternative to japan. Stocks doing something there for the first time ever. Its monday, march 4th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Im frank holland. Lets get you ready for the trading day with the hourly check of the u. S. Stock futures. Take a look. You will see stock futures in the red across the board. Looks like the dow would open 70 points p lowlower. Nasdaq under pressure. The nasdaq joined the s p with the first alltime intraday high on friday. Still off the alltime highs are the small caps. The russell 2000 trading at a fresh 52week high. It is lagging the other indices. Only up 7. 5 . Growing more more highs with bank of america boosting the lofty target for the year end antiingd tying for the higheste street. Well have more on that in a moment. Take a look at the s p 500. We will show you what is moving in the premarket. Doordash up 2. 5 . Followed by micron and sirius xm rad
Its not going to cut it. We are now in a new show me the money era. You might remember monster surged showing investors that ai in this here and going to book a lot of revenue this year. Microsoft announcing earlier this week that it would be charging for its ai tools and shares promptly hit an alltime high, the shares 30 per user per month. Very different than the era of tech when products like gmail were given away for free. One analyst asked if they could generate some 14 billion in new revenue per year from microsoft. It is important that investors see that investment. Here is why. The seven companies, you may know them as the magnificent seven markarian most of the market right now. Three of them report next weekend because expectations are so high, even a wobble from anyone of them could shake the entire market. Lets discuss this. Welcome to the show. Eli, im going to start with you. You can do what nvidia did and that is book actual billions in revenue on this ai shift. The real
Its not going to cut it. We are now in a new show me the money era. You might remember monster surged showing investors that ai in this here and going to book a lot of revenue this year. Microsoft announcing earlier this week that it would be charging for its ai tools and shares promptly hit an alltime high, the shares 30 per user per month. Very different than the era of tech when products like gmail were given away for free. One analyst asked if they could generate some 14 billion in new revenue per year from microsoft. It is important that investors see that investment. Here is why. The seven companies, you may know them as the magnificent seven markarian most of the market right now. Three of them report next weekend because expectations are so high, even a wobble from anyone of them could shake the entire market. Lets discuss this. Welcome to the show. Eli, im going to start with you. You can do what nvidia did and that is book actual billions in revenue on this ai shift. The real
Shows dealmaking is their record this month. 200 billion in net steals already paymasters watching earnings as well set to report this morning. Profit and revenue above expectations. Numbers hitting the tape. Stock is done while the last couple months and we are looking at the numbers to exceed expectations at the latest, as this morning. Futures indicate a slight gain at the opening of trading set to open up about 50 points. Nasdaq s p 500 looking out of bed this morning. Markets edging higher. European embassies across the board games. And the dax and germany have one half of 1 . Gains across the board is welcomed to make a average in the hang seng up about 1 and 2 overnight. Charlie rose now facing Sexual Harassment allegations. Eight women have come forward with their stories in a cbs cohost among time pbs star has been suspended at all three Networks Said he works. The safety concerns that you were to tell us about the multimillion dollar sign after regulators found unemployed dri
Want to be. Auto stocks drive markets to the green after car sales hit a 5. 5 year high in june amid Strong Demand for luxury brands. Time for a change. Swatch has its best day in over two years as investors shrug off a 20 fall in profit focussing on the watch makers positive outlook. Greece passed the austerity measures required for a bailout. Tsipras urged lawmakers to approve reforms. 229 voted in favor of the bill. Chaos was outside parliament. Parts of the square were set ablaze as they chanted we have been betrayed. And anger inside parliament. Half of the no votes came from syriza as they condemned a very black day for democracy in europe. He wrote a scathing blog in which he likened the bailout to fiscal water boarding. No surprise that he would vote against that deal. He has been very outspoken. Yesterday we saw the deputy finance minister stepping down because he simply couldnt stand behind the deal. Whats so interesting here is that this vote went through because of support