About the fed anymore. All engines go. Thank you very much, im Charles Payne this is making money. Forget taylor swift, folks, this stock market taking their cues from 60s rock and roll. It is loud, uninhibited and infectious. It is easy to get lost in the groove and you can make big mistakes but the big one is not being in this market. Bob doll, ed yardeni, they will tell us what they expect. Shah ghailani is sharing what he buys on dips. The the pedestrian approach still workss in this environment. Nicole has a plan. Rand paul taking on President Bidens 7. 3 trillion budget. Something tells he doesnt like it. You dont want to miss my take way on the widening dills connect between the wall and main streets. All that and more on making money. You know that it would be untrue, you know that i would be a liar charles you remember that. That is a classic, right . So in the i the in immortal wors of jim morrison, you know it would not be true, i would be a liar if i told you we couldnt get
The winner, the loser, and the impact, straight ahead. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim see your, courtney garcia, dan nathan and guy adami. The dow dropping nearly 400 points, the nasdaq down a percent. Rates are back on the rise. The yield on the tenyear treasury touching 4. 4 for the First Time Since last november. Were going to get to that in a minute. But butfirst, we turn to tesla. They reported q1 deliveries that fell far short. The Company Getting fewer than 390,000 cars to customers, its first year over year delivery decline since the height of the pandemic and the biggest miss in five years. The report promming uber tesla bull dan ives to call it an unmitigated disaster that is hard to explain away. He has a 300 price target, still, a level that it hasnt seen since september 2022. Is this the straw that finally breaks the tesla bulls backs. Are we at an Inflection Point . Guy, what do you think . Huge lef ivel in the stoc
Grasso not bad better looking so nice at this time of the day . No one is better looking at this time of the day. I saw you in makeup need some ice packs you dont need makeup you need a surgeon more powerful than a brush dont we all. We will need something more powerful than water. You guys are Drinking Water hot water with lemon. U. S. Equity futures, markets closed at record highs again dow futures up by 24 points, nasdaq down by a half. I think the zp s p closed up 14t of the last 15 sessions. And picking up steam. The s p 2534 right and were not that far from 23,000 at this point who knows whether we get there 14 , 15 on the dow for the year its supposed to be mid Single Digits thats all we deserve. How long have people been saying the market is overvalued . 2200 you can say more than that it keeps rolling you cant short it. Dont chase this rally. Lets tell but news just out. Pepsico out with earnings. The company is in with much stronger than expected numbers core eps 1. 48 compar
Investors are considering the risks to the companies growth. Making that move today joins us live brian, welcome. Thanks for having me. Yeah, one of the big reasons that you made this call today. Theres several my view on the stock in business is that its a great business and a great stock accept for the fact that it hasnt gotten a lot better in the last 8 months. In fact the conditions around it have gotten worse. You know political macro uncertainty. Thats not good for them you have more awareness at least on my part thats a new Consumer Privacy protection policy that will be in effect as of may of next year. Thats using data to target advertising that very few investors are even aware of in the united states. Next you have increasing problems with viewability that marketers were not aware of last year and 2 of ads viewable by one study i have seen. 20 by some others i dont think most large marketers are aware of this and hasnt impacted how they were budgeted you see the news on thur
Trump Campaign Chair Paul Manafort has stepped down. The unexpected resignation comes after the Campaign Announced a major shakeup, the second leadership reshuffle in two months. Manafort had also come under increasing scrutiny due to his past consulting for the former prorussian president of ukraine. Trump said in a statement he expected the resignation. The death toll from the terror attack in the french resort town of nice is now 86. The latest victim had been at a hospital, and died from injuries sustained during the july 14 massacre. He is the second hospitalized person to die in the attack. Dozens more were injured when a tunisian living in france drove a truck into a crowd of people celebrating bastille day. Islamic state claimed responsibility. Global news 24 hours a day, powered by 2600 journalists in more than 120 countries. I am Ramy Inocencio. Emily i am emily chang, and this is bloomberg west. A disappointment in court for uber after a california judge rejected a settlemen