Down about 118 points, nasdaq opening down about 117 points. S p 500 off by 16 points right now. Take a look at treasury yields. The 10year at. 93. The 2year at 2. 863. And crypto prices. Weve been talking about crypto quite a bit these days. Up about 4 this morning. Its crazy. And take a look at ether etf. Thats surging too meantime apple is canceling its electric vehicle product. That thats accordinging to those that know. Many employees will be shifted to the Artificial Intelligence division. Apples ceo apple and ceo tim cook have never acknowledged the electric car publicly but referred to working on e autonomous systems. Theyve never been open about this but are now scrapping it. People are looking at it as a major failure. I dont look at it that way. I think what was happening is there was an internal battle inside apple whether to even go this route and i think tim cook was always on the fence. You mean a failure for evs, not just apple. I think the failure of evs right now has
Turn it off, please. Lets see what happened here this weekend. This is the first time this meeting took place without Charlie Munger being here. Before Warren Buffett took to the stage, this was a stage where there was a lot of emotion that came into this here with a standing ovation for charlie at the top. Roll that back down, please. A standing ovation for charlie right at the top of the meeting after a movie that played a halfhour movie, that played his highlights over the years and funny skits they had done and a standing ovation from 40,000 people who were here at the Convention Center. Pretty emotional day. Warren buffett made news. It came out when the companys 10 q hit. People were looking to see it and it trimmed stake in apple by 13 in the quarter. It sold about 116 million shares. A lot of questions as to why and what it means. Apple is still, by far, the largest stock in its portfolio. It makes up 40 of the overall portfolio. Buffett said he was selling because he wanted to
Gets shown the door and off the earnings call. And later, more job cuts at tesla after marking the best day in weeks. Its tuesday, april 30th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us. Lets get you ready for the trading day hahead. We kick it off with the look at the futures after the positive day for wall street yesterday. A different story today here in the red across the board. The dow would open about 70 points lower. For the month, dow, s p and nasdaq snapping fivemonth win streaks. The dow tracking for its worst performance since february of 202. For the month, chevron and American Express is leading the dow and home depot bringing up the rear. The fed kicks off the twoday policy meeting today. We have seen yields pull back from the levels we saw yesterday. The benchmark at 4. 62 . The twoyear yield at the 5 yield. Bitcoin is popping up above 61,000. Bitcoin is sliding a bit. Down below
Warrant. It sounded like World War Iii. Norah the Cbs Evening News starts now. Good evening. I am norah odonnell, and thank you for being with us. Were going to begin with that breaking news, a deadly attack on federal and local Law Enforcement officers in charlotte, north carolina. As we come on the air, the fbi is now among multiple Law Enforcement agencies at the scene of a suburban home where three members of a u. S. Marshal task force were killed. And five others injured while executing a fugitive warrant. We are just learning that Arrest Warrant was for possession of a firearm by a convicted felon. And two occupants of that house are now being questioned. There were reports that as many as 100 shots rang out in the neighborhood. This is the latest Ambush Attack on Law Enforcement officers following a similar incident last night in kenner, louisiana, where three officers were shot and survived. Chief Investigative Reporter nick oxner of our cbs Affiliate Wbtv will lead us off toni
For the Electric Car Maker facing fierce domestic competition along with slighter demand. This is Notjust A Car company, it is not time the striving of rubble taxi company with massive amounts of data to train its algorithms and fine tune the systems. Meanwhile, apple has got an iphone sales for china and ill be in focus and albion focused new reports on Quarterly Results after the us market close on thursday and after that, intelligence. Another stocked as the power to move markets is amazon which its reports later on today, The Tech Giant is under pressure and offers a dividend, it is now the only Big Tech Firm that doesnt offer this is out of the bed did it last. Traders are also keeping a watchful eye on rome powell, the Inflation Picture as some asking if cuts are cancelled or simply delayed. It is widely expected to leave Interest Rates unchanged further on wednesday. As we mentioned, apple is facing challenges in china. The latest findings from Research Firm canalys show that ap