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CNBC Squawk July 4, 2024

Week the s p is tracking for a third week in a row of losses, down 1. 3 nasdaq futures up 73 points. Weve got a lot to talk about on a summer thursday. Our road map starts with earnings walmart posting better than expected results fellow down component cisco gets a lift, beating with its Quarterly Results and talking up a. I. Ceo Chuck Robbins will be joining us here. Plus, investors continuing to digest fed minutes released yesterday. The tenyear note yield hitting a fresh high were going to begin with walmart, raising fullyear forecast the retail giant benefitting from customers seeking bargains. U. S. Comps up by a better than expected 6. 4 and ecommerce jumping 24 led by pickup and delivery theyre clearly taking share because theyre out comping their competitors and the industry theyre crushing it i want to straighten some things out here when you have ecommerce up 24 , ....

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CNBC Mad July 4, 2024

Platforms do a uturn and surrender everything it made after that magnificent quarter sell sell sell you dont want to see walmart soar and then repeal the whole move after an amazing quarter no less it is agonizing to witness amd give up a quick 25 points when the future seems so bright but sometimes you have no choice and i think this is actually one of those times we just had another bad day. Dow lost 291 points s p shed, nasdaq tumbled 1. 7 . Boy, did it get ugly at the close. What do you do at moments like this rather than trying to trade in and out, selling everything and then trying to buy it all back at lower levels, i think you need to learn how to ride out these moments. Unless stocks arent for you see, i think if youre patient i believe youll do better sticking with stocks rather than hiding out in treasuries even if they have much more generous yields than they did a year ago. So lets start way key word here, and that word is patience. Two weeks ago we had the eminent market ....

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BLOOMBERG Bloomberg July 4, 2024

Paul good morning and welcome to daybreak australia. I am paul allen in sydney. Annabelle i am Annabelle Droulers in hong kong. We are counting down to asias major market opens. Shery good evening from bloombergs World Headquarters in new york, i am shery ahn. The top stories this hour. Takes birthday in two weeks helps u. S. Stocks again as treasury yields go higher and argentinian experts in freefall as a government deals with the political outsiders shaking up the election race. Chinas property prices affecting the listed industry. Shery we meet a man who could be taiwans next president. He tells us exclusively how he plans to reassure voters and maintain peace. U. S. Futures coming online slightly higher in the asian session. This, of course, after we saw u. S. Major benchmarks gain ground, tech leading the gains. It was a lowvolume session, not surprising given t ....

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BBCNEWS Verified July 4, 2024

Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount ....

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BBCNEWS Newsday July 4, 2024

And pose a real threat. Yellowknife is now blanketed in smoke and fires are burning close to the one major road into and out of the city. Rebecca alty is the mayor of yellowknife. She told us what things were like there. Right now, its residents are evacuating by road. As many people as possible are doing that. Theres also, for folks who dont have vehicles, we are starting the air evacuations, so flights. We still have commercial flights, so some people have booked onto a commercial flight, but we have the Evacuation Flights also starting at 1pm. So getting folks registered for that just began an hour ago. So folks have been good, theres long line ups i think there was kilometres worth of a line up, so a bit of a snail s place out of town, its just one road in, one road out. That highway is where the fire is, so the highway can close. But right now, it is open. If the conditions change, if the smoke gets too heavy, if the fire ....

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