York stock exchange. Very monday morning and its going to be a very busy week were going to start with some talk about technology and antitrust. Our next guests latest column says, are we finally getting serious about big tech monopolies is it too late cnbc contributor kara swisher joins us this morning. Good morning, kara good to see you. Hi. Good to see you. You ask, are we finally getting serious about mo monopolies and then you go on to say, youre not holding your breath and no one in Silicon Valley is holding their breath no, were not theres been so much suggestion about the ftc and the justice department, i just wanted to point out some information for them about how much of a cheap date consumers have been to these Tech Companies and whether we need morecompetition. Its something ive been talking about the idea that we should have a new social network, that we should be able to have a new Search Engine and have some choice and theres very little choice in many, many too many sec
Ahead of the open. Possible pressure for apple and antitrust allegations. Its thursday, march 21st, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being here with us. Lets get you ready for the trading day ahead and the check of the u. S. Stock futures with the dow, s p and nasdaq all coming off record closing highs and looking to push deeper into the green this morning. The futures market is strong showing for all three. The nasdaq is opening up. 75 higher. You see the dow looking like it would open up more than 100 points higher. We are paying attention to small caps with the russell indicating gains. You have to see small caps rising 2 with super micro in the red today. And80 s p 500 stocks set to open at 52week highs. American express up in the premarket. Visa up as well as caterpillar as well. The fed maintained to cut rates by 75 basis points by the end of the year. With that, we are checking the bond mark
Is on the road to recovery. Joining me now is kathleen brooks, Research Director at the stockbrokers xtb. No great surprise the bank didnt decide to make a move on rates. The forecast is still later in the year but it is interesting when we look at how those members of the mpc voted, we get a sense of what could happen next. Voted, we get a sense of what could happen next happen next. Absolutely, the two members that happen next. Absolutely, the two members that voted happen next. Absolutely, the two members that voted for happen next. Absolutely, the two members that voted for a happen next. Absolutely, the two members that voted for a hike i happen next. Absolutely, the two | members that voted for a hike last month and for the last five months before all the other members, or most of the other members, were voting to remain on hold, they moved to the other side so they are no longer looking for rate hikes, so that has made the path to cuts much easier on the market has made a huge s
Another record. Bitcoin reaching a new high above 71,000 this morning. Look at the move. It has been a staggering move. 71,758 as we speak and climbing. Crypto adjacent names, coinbase, et cetera, seeing gains. There is three days after ethereum breached the 4,000 mark. Look at the crypto stocks. Trading higher this morning. Early this morning, i should say. Coinbase and robinhood. We will talk to Michael Saylor at 8 30 a. M. Today. We will ask why invest in the proxy when you can invest easily in the etf now . Thats one of the big shifts. Hes a brave man. He is a brave man. Buying more bitcoin. That would be his argument. He is a levered bet on crypto. The stock is a leveraged bet on crypto and bitcoin in a way that you could go leverage. Aside from the Software Business. That is not part of the deal. Have you heard about coinbase and what goes on there . The zero balances on the high volume base . I have been looking at it. Whats going on . I have seen it. That number is nice. It goe
Read tomorrow. Not so invisible. The chip giant notching its biggest stock reversal in nearly seven years and the biggest single day percentage decline since last may, plus targeting tiktok. Theres a bill thats moving through Congress Pretty quickly that could ban the social media platform in the United States. President biden says if, in fact, it passes congress, hell sign it. Lets begin with what will be a very busy week for the markets that ended friday with a losing week for the s p. We havent done that for a few times, but it didnt stop your former employer. That is true. Berens. I think the nature of the decline, you mentioned the reversal in nvidia and we had an almost made to order jobs number and the market didnt exactly shrug, but it wasnt able to capitalize on it. It highlights a couple of the things people have been suggesting would be a test for the market, which is its become a bit overreliant on pure momentum on certain segments meaning the types of stocks that are doing