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CNBC Fast July 4, 2024

Booming or will rising rates drop the hammer on the sector . Im tyler madison, in tonight for melissa lee, glad to be with you this is fast money, live from the naz sdaq market site we have a full table tonight last time i was here, nobody just one we knew you were going to be here we showed up. Thank you very much tim seymour is here, karen finerman, dan nathan, guy adami. Thank you for joining me thank you for letting me play at your table glad to have you. We start with a lateday breakdown in the markets stocks accelerating their selloff in the final half hour of trading all three major indexes down more than a percent on the day, closing near their lows. The dow snapping a threeday win streak, nasdaq, s p, now both lower in ei8 of the last 11 sessions and look at this the s p breaking below a key level of support today, closing below its 50day moving average. Something it hasnt done since late march and the tech titans also flashing some technical warning signs. Apple, microsoft, a ....

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CNBC Squawk July 4, 2024

On pharma. Eli lilly with earnings. Novo nordisk, the drug cutting risk of heart attack and stroke by 20 well talk to mr. Irgin and echo star ceo a day after s p and nasdaq broke the fourday losing streak, stocks back in the red financials in focus among laggards after moodys talking about Interest Rate and asset liability risk. Whats incredible is we just went through the quarters. With the exception of, honestly, key, the quarters were good. A lot of them had inflows. People thought there would be outflows david, when you see these kinds of downgrades, dont you see yes, yes, yes. Good, good, good. Done, done, done move on, move on, move on. You cant pay for this kind of analysis. No, you really cant. Its important because financials represent a huge part of the market, and if were going to have blending, we cant have as much lending thats kind of what were saying my problem with it is it doesnt jive with the facts. It was entirel ....

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FOXNEWS Hannity July 7, 2024

events. he needs all the rest after what was a disastrous trip abroad. per usual, well, he failed to deliver. he never got a commitment from saudi arabia. he s been begging opec, the saudis to produce more oil which is dumb in and of itself because we have more energy here. that can provide for our needs and so many other countries needs for hundreds of years. he didn t hold the kingdom accountable for the murder of the u.s. space reporter. there were questions whether the subjects were discussed. a guy he referred to as a murderer, pariah, the guy who got away with murder. when the president returned home to the white house, he wasn t interested in answering your questions about his embarrassing trip abroad. it was embarrassing. take a look. why don t you guys talk about something that matters? sean: hey, jack, you guys are all alike and everything. ultimately, this is a trip that joe biden didn t need to make. we have more than enough oil, gas, coal right in the g ....

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FOXNEWS America Reports With John Roberts Sandra Smith July 7, 2024

for the fed. they feel it could trigger a recession. john: gasoline prices record for the 10th straight day. average price now 4.58. and the cover the new york post summing it up, a picture of president biden riding a train right off the rails next to the words joe s train wreck. bret baier and larry kudlow will join us to break down the economic head winds facing the white house. gillian: jackie will join us in a moment, but first aishah hasnie at the white house. what is the messaging on the economy. we are waiting to find out, the president departed to east asia, and ten days in a row we have broken a record for gas. every state is spending more than $4 a gallon. households spend $5,000 a year. it could get worse. prices will surpass $6 nationwide by august. and get this, a gas station chain called 76 reprogramming pumps in washington state to sell gas at $10 a gallon. that s unbelievable. the white house responding to all of this by saying it s already release ....

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CNBC Squawk July 2, 2024

To file an antitrust lawsuit against ticketmaster parent livenation as early as today lets begin with nvidias blowout quarter. The Company Revenue more than tripled in q1, and its datacenter business grew by more than 400 over a year earlier sending shares above 1,000 for the first time heres jensen huang on the call last night the demand for gpus and all the datacenters is incredible. Were racing every single day, and the reason for that is because applications like chatgpt and gpt 4o and now its going to be multimodality and gemini and its ramp and anthropic, you know, all of the work thats being done at all the csps are consuming every gpu thats out there jim, a lot of the commentary today says any worries about an air pocket probably get assuaged today. Yeah, look, there was a lot of teaching on the call last night. Jensen came in right after colette kress, the amazing ceo usually he comes in later, but he wanted to explain t ....

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