Gets a win with tech. Trouble in the csuite as paramounts executive is looking for the exit it is monday, april 29th, 2024 you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Live from cnbc london. We kick off the check of the futures with the nasdaq and s p coming off the best week since november we are in the green across the board. It looks like the dow would open 60 points higher a bit off the highs of early this morning you see they are in the green this morning huge gains in tech and Communications Thanks to alphabet stocks with earnings last week. The Company Opening with the market cap above 2 trillion for the first time ever. Shares are pulling back this morning. We are checking the nasdaq 100 premarket gainers look at the stocks that are gaining in the premarket. We are seeing give us a second to pull those up. Tesla at the top of the list after striking the deal in china. Shares up 6. 5 that is followed by apple. Reporting earnings th
To fruition. What it means for the streaming and the streaming place. Im courtney reagan, in this evening for melissa lee, coming to you live from studio b at the nasdaq we will start with apples revenge. Shares jumping 2. 5 in the session and adding 65 billion to the companys market cap just today, by the way. The stock closing above its 50day moving average for the First Time Since january the latest move coming after bernstein upgraded the iphone maker to outperform, telling investors to buy the fear. The stock had been down 12 in 2024 before todays call but can the momentum carry apple into earnings coming in on thursday, will it hold through all those numbers . Many of the big tech names that reported last week were under pressure today meta is down 12 since its report on wednesday. So, should investors worry that apple will fall into the same trap after its report or will it gain some appeal as a defensive play tim, youre nodding your head. What do you make of this call . Theyre
Hope youre having a good one. I am maria bartiromo, it is 8 a. M. On the button on the east coast. Antiisrael protesters crashing the white house Correspondents Dinner over the weekend, they crashed the red carpet. Saturday night. Celebrities getting mobbed on their way in. Hundreds of protesters chanting against joe biden outside the washington, d. C. Hilton hotel. Listen. Shame on you shame on you shame on you maria more as the president is accused of playing both sides of the protest, i spoke with Alan Dershowitz on sunday morning futures yesterday. Hes most afraid the protesters will become terrorists themselves. Watch this. Its a deep problem at universities today with their diversity, equity and inclusion bureaucracies and intersectionality. They have been teaching antisemitism now for several years x its come to the fore. What im most afraid of, among the people in front of claim university are people who will become terrorists, who will help hamas, who will be part of the fifth
Yesterday. Boosted by earnings by microsoft and especially google. Alphabet up more than 10 today, as you see right there well have more on those results coming. And what were seeing here is that todays game is really pushing alphabet into the 2 million market cap along with microsoft and nvidia all the major averages set to end this week with gains the nasdaq up more than 4 you can see that big drop yesterday morning and then that steady rebound yesterday and into todays session well keep our eye on that, tyler. All right lets start with a number helping to clear the way for this rally after yesterdays worrying gdp report. The markets seemed to like what they saw in this mornings pce thats an inflation number steve joins us now with a little bit more what did they like and you started to explain this in the last hour or two, and id love to hear you continue. What is the difference between pce and cpi and all these other different Inflation Numbers, and why does the fed like pce . All
Trade, right . Charles yeah. Liz it is, once again, a horse race or a bullbear paradigm fighting it out to the death, at least til the closing bell. Fox market alert, lets focus on the nasdaq for a moment. It is treating for a fourth straight retreating for a fourth straight session, we do have it down about 137 points, had been down 210. The dow down in the red by 22 points. It did overcome a 187point loss, but it hadn higher by 237. So big swings once again for the dow. The s p has been flipping between red and green. Right now its red, down 22 points. Earnings still have a command of a good chunk of the market action. Witness whos at the very bottom of the dow jones heat map, travelers getting pelted with baseballsized hail at this hour. Shares of the insurer falling 7. 5 after First Quarter profits undershot estimates. Or travelers reported catastrophe losses due to severe wind and hailstorms mostly in central and eastern u. S. Skyrocketed from 535 million a year ago to 712 million