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CNBC Squawk Alley July 14, 2024

With aerial investments. Good morning to you both charles, ill start with you tech stocks have had a very strong start to the year can that continue . Well, full disclosure, ive been skeptical of these stocks for a long time and ive been wrong. And i think there are a couple of reasons that i cam concerned the first is theyve been drive higher the s p is dominated by these large companies. As more money goes into the s p and index funds, these funds buy these stocks for no fundamental reason i do worry if theres a reversal in those flows, these stocks will be hit hard the second thing i worry about is regulation. Theres almost nothing that republicans and democrats agree on the one thing they do agree on is that Big Tech Companies have too much power i think theres a real risk of regulatory pressure. Were going to dig into that a little bit more, im sure. Walter, if you look at whats been the best performer in the dow so far t ....

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CNBC Squawk On The Street July 14, 2024

On a china trade deal any time soon parliamentary election we begin with the trade pause, the u. S. Is not ready to make a deal with china. We got big mergers this morning, automakers and fin tech deal for more than 21 billion. We enter this holiday week the dow in the midst of fiveweek losing streak. S p and nasdaq is down about three week s in a row for the first time this year, the first losing month of the year and the first losing may in seven years. We are in a moment where michael corvat said when he was on our show. The more chatter i hear verses what mr. Wonderful was say, we said everything seemed fine, the more i get worried that was a brutal week last week if it is in the mall, it is not good it was great, i think fabulous growth and the stock was down. We had foot locker it just got crushed. So i mean the market when it starts to see on how much supply it is coming we have zoom and beyond meat zoom is 19 billion and beyond meat is 5 billion someone recommended beyond meat. ....

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BBCNEWS World July 3, 2024

Hello. Good to have you with us. I am sally bundock. Lets now dissect the top business stories. We start in the us where tesla has revealed the biggest slump in earnings in more than a decade as the road gets increasingly rocky for the electric car industry. Tesla made profits of 1. 1 billion in the first three months of the year. Thats a fall of 55 on this time last year. Revenues were 9 lower and both numbers were worse than investors had been expecting. But tesla shares which have taken a pounding this year jumped around 11 in after hours trade after the company promised quicker progress on new more affordable models. From new york, heres erin delmore. Its been a rocky road fit for this year. High Interest Rate that taking a bite out of consumer Purchasing Power and pushing big purchases out of reach. Competition with china especially over electric vehicle maker byd is he ....

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Antony Blinken to visit China next week and discuss 'bilateral, regional and global issues': official

Antony Blinken to visit China next week and discuss 'bilateral, regional and global issues': official
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