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Transcripts For CNBC Squawk Alley 20240712

Mike, this morning im zeroing in on enterprise, looking at zoro down 30 right now. What is interesting to me about these names is they both got a big bounce after sales force and workdays earnings reports but theyre giving that back today and then some. Investors seem to maybe be realizing that these names are tied more to overall Enterprise Spending it has not been great versus that sass exception that we saw. Im wondering what you think of what is happening in that space. First the rhinoceros horns at the end tell you something the hottest money, the ones that went the way up, the last spurpt is being taken out i think that this is happening in the context of what many of us have been saying. The market looks a little stretched. A little at the high end of its up trend it should cool off and it was pushed and pushed and pushed a bit higher in part because there has been a welling up of kind of momentum, speculative action, partially in the market some kind of an unwind going on now.

New-york
United-states
Florida
Australia
Phil-lebeau
Big-bounce
Sales-force
Enterprise-spending
Little-high
High-end
Upper-end
Fair-assessment

博兴农商银行庞家支行举办"我心向党"硬笔书法比赛 - 财经 - 滨州频道

博兴农商银行庞家支行举办"我心向党"硬笔书法比赛 - 财经 - 滨州频道
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China
Binzhou
Shandong
Acura-party-building
China-the-communist-party
Bank-pang
Party-building
Boxing-agriculture
Finance-binzhou-channel
Communist-party
Text-history
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