Shortterm virus aid fix both sides face more uncertainty. Shares of qualcomm as it does a deal with Chinas Huawei thursday, july 30. This is Worldwide Exchange here on cnbc good thursday morning im Brian Sullivan the busiest day of your earnings season the busiest day of the nasdaq even with those big tech ceos being raked over the coals again, it is early we are in the red right now. While also staying hot has been the yellow metal gold is up close adding the 2,000 mark we are down to 1,945 per ounce indicating the recovery will be at risk. Not only keeping rates low but will likely do whatever p it takes to make sure the American Economy is propped up as much as possible that could be bad for the u. S. Dollar and good for gold u. S. Futures are down. Lets get to some of your trades around the world and top stories. This is Worldwide Exchange, i am told. Lets go worldwide julianna tatelbaum, i think they call that a sea of red it wasnt a sea of red to start. We kicked things off the o
20192021. Billions of locust spread in great waves over parts of africa. Very quickly eating the field, spare the farmers tried everything they could to save their crops. The then came insecticides from among others, a you in organization. They help to subdue the plaque the but we have learned that the same you an organization approve the delivery of other chemical as to africa. Pesticides not to be used for combat in locusts or other natural disasters. Can either do you see this during your time . No. No, no, this is an absolutely shocking, makes joking. Yes, the issue is in such a piece that we use in the past 3 to 3. 0 wow. When court cases day this film shows how the United Nations food and Agriculture Organization has changed. How do we know an insight or has given us the details . I believe the china is using the organization for its own purposes. The as of midnight, it was the lowest point. Months of research took us to 4 continents to countries like panama, spouse, malawi, and
I swear people are bored with what is going on with the stocks including today where the dow gained 105 points. Nasdaq falling 1. 5 . You know what i feel like doing when i see these numbers they are all napping. They are napping. Either they dont want to say anything good about the market because of politics as the president has done a good job of linking himself with the performances of the averages or they are prone to sleep. No matter how good stocks get it doesnt seem to hit their radar screen. I was on the case last week. San diego not bad. All i heard was bit coin, bit coin and bit coin. Cramer, how about bit coin. Cramer, bit coin, is it too late is it too early . Never stop. The market is an abstraction for most people. The truth is if you are bored by this incredible rally may i suggest that you get your head examined all aboard. 53 of the people in this country have exposure to stocks. While i wish more americans could afford to participate in Wealth Creation that is the sto
The small one. Im talking about the doomsayers and insentence that were going to get crushed if we own stocks here even with another sedate session. Dow advanced a little bit, nasdaq declined. 48 i hear this every day. Read article in the paper this morning, smart young fellows doing the short thing. Market is up too big, too expensive. Got to go down really reveltory stuff if north korea fires icbm, that cassandra is dead right. No argument there. Existencial crisis issue there was talk that Nuclear Power fallout couldnt be contained and parts of china wiped out. Trading during chernobyl, and people exiting stocks because of the kiev cloud they thought heading their way. Not drinking milk until late next year. Thermonuclear war would send the stock market down. Any bull left standing looks like idiot but living through that im inclined to stay the course why . Why can i come out on day like today and shrug off the losses in the buddies including apple first the checks are in the mail
Lets begin with the earnings story. Pete, im going to you. We said its the busiest day. Numbers are coming in. What are you doing as a result . I think the most important thing is when you look to the start of earnings season, we look at the financials. Weve kicked more and more into overdrive when you look at whats going on in technology, and technology sticks out. Texas instruments last quarter great report, stock jumped up and its maintaining where it was, scott. Is it moving much . No. Had a great number but theyre not moving a lot. Part that have is because they ran into the number. Intel, on the other hand, when they reported they missed on certain areas that were very concerning to people and thats why that stock has sold off and now it is wavering around. Western digital today, look at june perfect yesterday, technology continues to be very, very strong and that stands out big time this week in the earnings. Wow, look at wdc up about 7 1 3 percent. How does the market here look