Right now, there is nothing that is earthmoving. That is a great way to lead off the show. I have unbelievable stuff. Okay. Lets get to our road map this morning. It does start with apples ev aboutface, reportedly abandoning its decadeslong efforts to develop an automobile, turning its focus to generative a. I. Shares have underperformed so far this year. Continued signs of a robust economy, healthy Consumer Spending certainly one reason why and goldmans ceo thinks a soft landing is uncertain. And the doj turning its focus to Health Insurance. It is launching an antitrust investigation of the giant. Unh. Unh is really under siege. Its a Great American company. Its under siege like almost no other between the hack and the Justice Department. Well talk about that. That said, its doing pretty well for a company under siege. Lets talk about another company thats done pretty darn well for a very long period of time. That is apple. Of course, youve seen these published reports. Any number of
Well, this age like milk, at the end of 2023, b, y, d stormed pulse testing to become the number one e v manufacturer on the planet. So is b y, d having the last it off to be fat, you know, must because since said the b y d is very competitive like rest the drake, b, y, d. So the bottom before reaching the bottom. But how did this budget phone back to reproduce . Becomes the best selling electric tom manufacturer. And how long can they remain . Number one, we will see a be grace between b, y, d and test law in the next 3 to 4 years. In the final quarter of 2023, b, y, d, out sold, tesla invest to me as the cost 526002484004 the 1st time looking for the reading shows is the kind of big change is happening kind of in the car industry environment, most of the way you said it was being within china cost is that because market about 90 percent of the sales and a lot of that kind of stuff that was done on, on selling has been big volumes and in quite competitive prices. This was not a comple
Earnings and plans to fail to win over investors. And now the market is getting green on the board capping a difficult week in the middle of earnings season. Wall street braces for the difficult open as the nasdaq continues to drop deeper into correction territory. Ad sales surge at amazon sales nearly triple sending shares 5 higher after hours andy jassy said he is excited about the deals ahead. The company that moves slowly in an uncertain economy in 2023. We are seeing the pace of deals pick up in the strong last couple months and new deal signings happy friday julianna and myself are happy to see you all. Lets get to the markets and what is interesting about what is going on today is although at the surface, are yoyou are seeia lot of green ftse 100 is trading in the green on the last trading day of the week dax is marginal as well. There is a lot happening beneath the surface. Large, large movers today. Lets get straight to that we are going to start taking a look at nat west nat
That means hamas gets away with murdering, butchering 1400 of our citizens, security isnt returned to this country, we have next to no deterrence power, we have a very, very tough neighborhood. Michael, thank you. Always. Cnns coverage in israel continues. With Ckaitlin Collins starts now. Welcome to the source. We start with Breaking News tonight. Because what were monitoring as we come on the air right now are two active Shooter Events that have happened in lewiston, maine. Were still gathering more details tonight. But what we have heard from the Sheriffs Office here, they released this image of a suspect whos still at large, encouraging all local businesses to lock down and for people to stay inside their homes as theyre continuing to investigate and search for this shooter. Athena, whats the latest we know about these separate locations that were hearing about from authorities. Reporter we know this all began to unfold just after 7 00 p. M. Authorities talking about multiple peopl
Katie theres a lot of right on the screen. Big tech also down 1 after the cpi figures with 10 year. Lets talk about that hot inflationary data slamming the door on the june fed pivot. Across the board this came in higher than expectations . Mike both headline and core was up. 4 which pushed up the year over year rate. A big disappointment to wall street. A disappointment to the fed. The fed has not moved its target rate since july of 2023. The inflation rate has stalled out. We have not seen inflation rise since then it has stayed roughly in the same place. It hasnt gone down and that is keeping the fed and investors unhappy even though the fed follows the pce numbers, these numbers matter to the market which banners to the fed. This means a big change in expectations. The market has priced out a june, july and september price cut and now we are back to a september rate cut but only to this year. Will the fed ratify that . They dont produce a new dot plot until then but the may meeting