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CNBC Squawk July 4, 2024

Oracles cloud revenue surging by growing ai needs. The boeing challenge citing delayed aircraft deliveries, rethinking the 2024 financial forecast. Lets begin with the Market Reaction to cpi. We mentioned a tenth hot at. 4. Shelter and gas 60 of that. Surprises in here, mike. Apparel up. 6 , a topic of discussion. Yes. I think what the market did, there was a quick reflection when they said, okay, this is hotter than expected. Stocks back up. Then the rethink was, well, the things that matter and that will translate into what the pce inflation number is going to say combined with how high a threshold was set by powell last week for changing their premise that they are preparing for likely rate cuts in the summer. I think all that fit together. The core services, stubbornly firm, inflation readings there, dont translate that the pci will go in the same direction. Thats part of the mix. We are also geared for shelter being stubborn ....

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CNBC Fast July 3, 2024

Future of this onetime pandemic darling. And later, sales of Novo Nordisks wegovy more than doubled, but the possibility of increased competition putting pressure on the stock today. Can the company tip the scales in its favor well go inside the numbers. Im melissa lee, coming to you live from studio b at the nasdaq on the desk tonight courtney garcia, karen finerman, dan nathan and guy adami. Start with apple 110 billion buyback, eclipsing the previous record set by apple in september of 83 billion. That weighing a 10 drop in iphone sales sharing are soaring 7 , adding 200 billion to the companys market cap the Conference Call just kicking off at the top of the hour Steve Kovachs got all the details. Hey, steve hey, melissa. So, yeah, top and bottom line beats for apple. And let me go over the other numbers here that are ....

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