Ahead of the open on the unexpected and welcome profit beat. Getting set for the latest on Consumer Prices and what it could mean for the fed decision next week. Its friday, april 26th, 2024. Youre watching Worldwide Exchange right here on cnbc good morning and welcome to Worldwide Exchange. Were coming to you live from cnbc london. Thank you for being with us on friday morning lets kickoff the check after whipsaw action yesterday with the major averages closing off session lows offer the weaker than expected gdp print and what was the busiest day of the First Quarter earnings season. Look at the beats. You see they are in the green. Nasdaq up 1 the dow looking like they would open 60 points higher. S p up. 75 . The big story is big tech led by alphabet and what you could call a triple crown Earnings Report First Quarter revenue and net income ahead of estimates. 17 billion in Free Cash Flow announcing the Quarterly Dividend and 70 billion Share Buyback program. The stock is popping af
Where, probably, i think, 90 of the dividends will come from sberbank. The Supervisory Board of sberbank recommended spending more than 750 billion rubles on dividends for last year. This is a historical maximum for the company. For one share it turns out to be over 33 rubles. Oil and Gas Companies are also ready to pay good dividends, which was facilitated, in particular, by the favorable conditions on the oil market. As a result, lukol, for example, can allocate 490. 8 rubles. Per share, and tatneft 25 rubles. 17 kopecks now the question is very acute, regarding surgut oil and gas, this is probably the most known dividend king to the market, known to the community. At the moment there is no decision on dividends, in fact, the state dividend will take place on june 28, we expect a dividend of 13. 5 rubles. Per preferred share, which implies profitability. About 20 . In conditions of stable cash flow and a comfortable debt load, severstal returns to Quarterly Dividend payments. Based o
Means over 3000 in tax relief. Texas as a whole, i will welcome the 74,000 new jobs coming away because of tax reform. It also means hardworking americans everywhere will see more in their paychecks and they need it so badly. We all know this quote, will rogers, the difference doing death and taxes is death does not get worse every Time Congress meets. [laughter] it is funny but a perfectly captures how most americans have come to feel about the tax code. With the tax code we have today, americans have seen it get worse and worse. They have seen it become more unfair, more complex and more uncompetitive. When congress met today, americans finally saw something different. They saw us come together and makes our cap make our taxes them better for them and our nation. Today was a major step forward. This is certainly not the last step in our tax reform journey. We still have a way to go and we will continue to listen to the market people. We have always said, this is not our tax code, it
Sara eisen great to have you with us lets get straight to the markets. Extraordinary seesaw session yesterday. The dow up 300 points at one stage in the morning, around about midday lunch time, started selling off, such that the dow ended off 58 points or 0. 25 those intraday swings were similar across each of the indices. The s p ending lower the nasdaq ending down 1 . Definitely the same theme throughout the day whether we were at the peaks or troughs thats the selling of things like tech and buying of things that could benefit from a lower Corporate Tax rate like financials this morning you can see a similar theme once again the dow is higher. The s p is fractionally higher but the nasdaq is lower. The dow up 8 4 points. Tenyear treasury note did rise over the weekend to cross above 2. 4 , but slipped a bit yesterday. It is below that level still today, 2. 38 on the tenyear. Look at whats going on arou around the globe ahsia is mixed but mostly lower. The south korean kospi is highe
On jerusalem is a step towards peace. He said that israel will continue to work with the president and his team to make true. Ream of peace come in a televised speech, the Palestinian Authority said President Trumps decision rewards israel for ignoring International Agreements and encourages occupation and ethnic cleansing that will serve extremist groups. He added it also undermines u. S. Credibility in the middle east process. United nations secretary general Antonio Gutierrez said he any unilateral action on jerusalem that could undermine a twostate solution on the israelipalestinian conflict. He called jerusalem quote a issue. Tatus it is only by realizing the states, living side by side in peace, security recognition, with jerusalem as the capital of allel and palestine and final status issues resolved permanently through negotiations that the legitimate aspirations achieved. Ople will be he added again quoting there theo alternative to thestate twostate solution. There is no plan