Share remains steady. Reporter here at the summit in paris, Artificial Intelligence is the talk of the town. The head of cisco tells me the ai prize is up for grabs. If youre an investor and you invest in ai stocks and you do it consistently, youre going to do very well. There are going to be a number of train wrecks. Well be hearing from the publicis chairman levy this hour. Wall street projecting things could triple directly through volatile trade. Good morning, every even. Great to have you on the show. Lets get back to the uk. Uka coming in but continuing on a downward trend. Ry shih tzu neck said inflation is back to normal saying brighter days are ahead. That had a pretty sig kamtd impact on marketing. Traders now see only around a 15, 15 percent chance of a rate cut in june. Thats sharply lower than the 50 expected before todays inflation print with under 40 basis points worth of cuts expected by the end of the year. Lets have a quick look at the asset markets. The ftse 100 is l
Makes a push for the white house. Its wednesday, may 22, 5 00 a. M. And youre watching Worldwide Exchange. Thank you for joining us. We get you ready for the trading day ahead. The s p and the nasdaq at alltime highs and the dow within striking distancing after pulling back slightly from 45,000. The markets in the red right now. Moving a bit lower. Looks like the dow would open about 20 points lower. We also want to check the bond market ahead of the release of the fed minutes at 2 00 p. M. Later today. The benchmark, 4. 43. The long bond, the 30year, remember, this is a road on inflation expectations. The yield has declined in recent weeks. Were looking at energy, specifically oil. Biden will release 100 Million Barrels ahead of the 4th of july. Take a look at oil pulling back once again. Down more than 1 . Brent crude trading at just over 82 bucks a bail. Thats your morning setup. Were going back to stocks. The head liner, of course, its nvidia. Its the biggest of o the money movers.
This is bloomberg surveillance. Alltime highs in the s p 500 with the three day winning streak, 20 fourth record close so far for 2024 and the main event is coming right up, 2 trillion market cap. There is only one name, nvidia. Lisa the most important Macro Economic event, one of the most important events on the calendar thats where we are at with one name, one company can dictate the Macro Economic backdrop for an entire market and thats today. Jonathan raising the bar once again going into the numbers later this afternoon. Barclays raising their price target, expecting a beat and a raise. Annmarie its not about if they beat expectations but its by how much. The bar continues to increase for nvidia that they need to clear. To avoid a selloff, they have to be estimates by 15 . Jonathan its about target or tarjee. Lisa its the upper crust of that kind of store which maybe they want to get away from. Jonathan up 2. 5 in the premarket. We will get Price Reductions on 5000 goods. I imagin
Saying it was inflation that worsened their Economic Situation spending for things like food and housing. To start the program today, tell us about how inflation has affected your Household Spending. 202 7488000 four eastern and central time zones, 202 7488001 mountain and pacific and if you wanted text us your thoughts you can do so at 202 7488003. You can always post on facebook facebook. Com cspan and on x cspanwj. From the Federal Reserve a sampling of the participants you could still find that out Federal Reserve. Gov. Here are the findings from that report when it came to matters of inflation. 72 of adults responded saying they were ok financi similar to t3 registered 2023 but inflation is the top financial concern. 55 of those said changes in prices the in 2023 made their financial situation worse. 19 said price changes made their situation worse and 13 no difference. If you want to give assistance of where you are where you live as far as Household Spending you can do that on t
And call it Identity Theft as Scarlett Johansson calls out openai and sam altman. Its tuesday, may 21st, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to thank you for being with us. Lets look at the stock futures on this tuesday. A muted start right now. A bit mixed. Nasdaq in the red. You see the dow opening up slightly higher. The s p is essentially flat. Lets stick with the nasdaq. We watch the tech trade with the fresh record ahead of the huge report from nvidia. Before nvidia, investors get ready for the consumer. We have a lot of big reports. Lowes and macys and urban j outfitters. Urban outfitters moving 1 higher ahead of its report. We have fed speakers in the last 24 hours downplaying optimism over the cpi report last week. The benchmark at 4. 42. The twoyear yield is at 4. 83. We also want to hit commodities. Gold hitting an alltime high. It is pulling back a bit right now but, close to the alltime high. Down. 75 . Yeartodate, up 17 . That