And it is breakfast or bust. The latest fast food chain to cave on the i need my bacon in the morning phase. If you want breakfast, you are going to get it at that chain. Welcome from wherever in the world you may be watching. I am brian sullivan. It is the event everyone will be watching today this is by invitation only apple set to make a major unveil what exactly does tim cook and company have up their sleeves today. Lets see how the rest of your morning markets are shaping up it is not looking that way now dow futures are off. Apple is a big part of that story. The bond market has been ticking higher that continues with 10year note yield at 1. 63 yield. That gap continues to grow around the world, japans nikkei rose shanghai, their market fell a touch. Producer prices in china fell in august by their biggest month over month drop in three years in europe, the macrotrade there is lower they are all down. A lot of red not a big drop in europe lets talk about the macromarkets includin
Flights today. Goldman sachs lowering its growth forecast and reports that wework could file as soon as this week. Were going to start today with the markets. Jim, not a repeat of last week, but were going to it is going to be busy, cpi, retail sales and more. Retail sales is on front burner it is hard to believe that given that unemployment rates are so low. People keep waiting for the inflation story in retail. I dealt with a number of retailers, and almost every retailer says, listen, very small margin hit to the september 1 tariffs. But as soon as you hear small, you say, big, big, big really good piece about dollar tree, not a lot of exposure to china and does well when the economy weakens. I want to watch that to see if we dont get the situation where we start trading down in terms of tocks macys, 7. 7 yield thats the paradigm of what people are avoiding. I think the macro does trickle down to the micro. Im concerned. Im really concerned about this hong kong situation too. You me
Through with pockets of fear. S. A. P. Shares bounce. The ceo outlines how integral Artificial Intelligence now is to that business. We are embedding a. I. Until the center of the Business Models of our customers to deliver immediate results. Our customers are paying for what they are using. Our model is flexible. Swiss pharma giant novartis boosts its guidance with the net revenue jumping 10 in the First Quarter. Our u. S. Colleagues will speak to the ceo later on today. And renault confirms the fullyear guidance after revenue jumps 6 in the First Quarter at 11. 6 billion euro. Good morning. We start the show today with breaking news when it comes to pmi data from the eurozone. Let me share the latest numbers with you. When it comes to the composite flash figure, it came in at 51. 4. That is above what markets were expecting at 50. 7. It is also an upgrade from the march figure. The overall composite number is coming in higher than what analysts were expecting. When it comes to the br
Challenge for boeing. The clock is ticking on tiktok as the senate prepares to take up the bill to ban the app. It is tuesday, april 23rd, 2024. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us. Lets kickoff the u. S. Stock futures. In the green across the board. It looks like the dow would open up higher. The nasdaq is the best performer in the premarket. The s p and nasdaq snapping the sixday losing streaks. The key to the Market Action today is the flurry of earnings from gm and u. P. S. And Lockheed Martin and pepsi and many others. Tesla reports after the bell today as the Company Faces pressure with the store hovering at the lowest level. Year to date, down 40 . We will have more on tesla coming up. We are checking the bond market as investors watch for several reports this week, including the fed preferred inflation gauge pce. We are looking at yields ahead of that at 4. 63 for the tenyear yield. Still tra
Weekend. 50. Through what happened over the weekend. ~. , ~ through what happened over the weekend. ~. , ~ , weekend. 50, the tiktok bill was ut weekend. 50, the tiktok bill was put into weekend. 50, the tiktok bill was put into a weekend. 50, the tiktok bill was put into a package weekend. 50, the tiktok bill was put into a Package Withl was put into a package with foreign aid and that was passed through the house and now it is on the way to the senate, and based on indication of that, we have gotten, it sounds like this package will be approved, meaning that the bill will also be passed. Now, this is a massive load to tiktok but it is important to note that it is not the end yet. I am framing it more as the next chapter in tiktok s long and drawn out fight to survive here in the us, and it is a fight that is bubbly going to move pretty quickly now from congress into the courts. Of course this isnt their first rodeo and it has had some success in previous battles including in montana