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CNBC Squawk Alley July 14, 2024

Good thursday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange getting close to new highs well start with facebook. Mark zuckerberg goes to the hill today. Were getting news out of the company on new ad formats as well Julia Boorstin has both those stories. Good morning to you Mark Zuckerberg is making the rounds in washington, d. C. , meeting with legislators, looking to regulate two areas, one, facebook privacy policies, two, responsibility for inappropriate, manipulative content on its platform. Zuckerberg met with democratic senator cantwell and also attended a dinner with mark warner and senator blumenthal also ....

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CNBC Closing Bell July 14, 2024

Weak in the session. Joining us is josh brown welcome back. Good to be here are you also in celebration mode after jay powell . Im also in celebration mode. We got all but a promise of a rate cut i think in july. Theyre going to do it. I said earlier, he foamed the runway for what ithink the market knew he was going to do the thing is, i dont think its necessary, but i also dont think its harmful a 25 basis point rate cut most likely, the best example of Something Like this, that i can think of from recent history is 1995 you had a new alltime high in the stock market the day they did the cut, but it was a single cut. And a lot of the reason for that, they had done a surprise rate hike in 1994, which kind of crushed the bond market, people were shocked i think what the 1995 single cut was about was taking some of the pressure off from that, maybe also like a mea culpa, we didnt need to do that that maybe thats what this is most li ....

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KQED Nightly Business Report July 14, 2024

Direction of Interest Rates whei he tes on capitol hill tomorrow. In the meantime, a relativ calm has settled over wall street. The dow industrials today fell just 22 points to 26,783. The nasdaq was up 43 and the s p added three points, but that calm could leado volatility when Jerome Powell starts speaking. As usual, a fed chief faces a tough task. He is under pressure from the administration to cut Interest Rates, but he has said thatne ry policy should not be influenced by shortterm political one thing is clear though. The economy may be growing, but that growth is slowing. Today some of the pieces to the economic puzzle fell into place. And the first piece came from pepsi. The Company Reported higher quarterly profit and sales. Now, part of that was pepsi spec ....

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CNBC Fast July 3, 2024

Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight steve grasso, karen finerfinerm dan nathan, and guy adami. The dow was nearly 900 points higher. And look at treasuries. The bond market was closed yesterday, but yields on the tenyear dropped 16 basis points today, its biggest pullback since march. The moves coming amid some more dovish talk out of the fed today. Atlanta fed president Rafael Bostic adding to the chorus of officials like lorie logan and Phillip Jefferson suggesting the central bank may be done raising rates. Retail to builders to even the recently utilities all higher in todays trade. So, does this set the stage for a market rally into year end . Guy . I pause because i know the answer how do you know the answer . Because i know you, and im in your head. You are my head. If rates do come down, i mean, that does seem to, in r ....

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CNBC Squawk On The Street November 25, 2013

Season would start and why mike duke is leaving years before expected. He hasnt been there but since 2009. His predecessor, lee scott, 2000 to 2009. It seems like a shortened period. Also, as someone who follows retail closely, this is not the time to change horses, so to speak. At the same time, i am sure this company will, without a doubt, say it is seamless. I want to hear from david, that there is nothing pertinent that would make it so this seems wrong. I dont think it is right. David, you do know mcmillon well. What can you tell us . I spent a good amount of time doing our last document on walmart, which has to be about five years ago. Then, there was a lot of speculation he would be the next ceo. I remember distinctly discussing it with him. It did make air on the documentary, that idea. He was running international. We spent a couple of days together in china. Certainly, wellschooled in international, had run, i believe, cosco prior tco, prior. You mean sams club . Sams club, e ....

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