At 1275. Oil is rising about 2 for west texas intermediate. Nymex crude is up. What are you watching . Jon whats keeping the s p 500 from being weak on the days the fact that Consumer Discretionary subgroup is up and that has a lot to do with the fact that shares of amazon are up 7 right now. Investors last night were looking at the overall picture for the company. On the cloud side of the business, the indications on the road ahead were enough to give investors some confidence to buy the stock. Intel shares are a standout today as the ceo is pointing to a story of sales growth Going Forward after the challenges they have faced. Those are a couple of positive stories but i want to look at some of the energy names. Oil art oil prices are higher but when you look at exxon or mobil shares, to companies that fell short of expectations in the case of exxon and chevron. Some overseas concerns with exxon. Matt fortunately, we have one of the foremost experts on hydrocarbons with us. Alix stee
Continues to look dicey ahead of critical Earnings Report next week well discuss what is riding on that during this final stretch of trading elsewhere, chevron, a huge drag on the dow today after its earnings and concerns about its planned deal with hess j j, amgen, look at them also weak them, weak spots, de health care putting in a tough week we are watching jpmorgan, too, you heard the news yet again a moment ago, down near 4 jamie dimon will share some shares for the first time as that companys ceo it does take us to our talk of the tape what might the week ahead bring with apple on deck the fed meeting in focus, and probably so much more. Lets ask the chief Investment Officer for new edge wealth with me here, good to see you welcome back as i said, an ugly end to a pretty rough week, what do you make of it it would have been nice to see a healthier bounce, mostly coming out of yesterday, where a lot of the indices got shortterm oversold. We saw the rsi hit oversold levels some of
Claiming that whoever invests in the reconstruction of the country will be helping a future member of the european union. You Commission President us will, along the line also words the International Community to focus on post war rebuilding efforts. Meanwhile, reports show that germany itself is suffering more from the ongoing conflict in ukraine than any other you member with electricity costs up 600 percent on factory inflation, reaching a record 37 percent g d p for costs are not optimistic either with the economy predicted to barely grow this year followed by a decline in 2023. And germany is chancellor with met with public outrage off the well the leaving the building where he made his space to draw my Financial Support for key f. Oh good, good. All. Going to do go with a little far before oh many thanks for joining us. Aeronautics international as the way she can find the latest updates on our website. R t dot com. Well see you in 30 minutes. A crate will never be a victory for
Founder of FTX Sam Bankman-Roast He was found guilty on seven counts of fraud, conspiracy and money laundering, following more than two weeks of testimony