Guests, and nice to see you. Thank you for joining us. Thank you. Lets check the markets now you know the story the nasdaq is where the bulk of the damage is. Down near 2 a loss of 236 points yields are very much the story today as well. Backing up yet again toward 5 there is 491 the tenyear note yield. However, i want to start with microsoft. That is the story today or certainly one of the stories at least the positive story today as your cloud Revenue Growth accelerating for the first time in a couple years because of ai, you own the stock. Give me your take. Its good we saw Cloud Services growth back up 28 which was the expectation i had on monday. That is where it needed to be. But overall the impact of what we expected from microsoft on the market, itself, its ability to stabilize the market, it obviously is not present and the reason its not present is these stocks are called the magnificent 7. Now were down to the magnificent 5. Weve lost tesla, lost alphabet. Well get into the
Im wilfred frost. Good morning to you. Lets look at global stocks this morning. Starting with u. S. Equity futures. It really has been a tale of earnings especially on the dow. Yesterday pulled up by procter gamble, pulled lower by 3m. Dow futures under pressure to the tune of 62 points. S p 500 futures down about 8. Nasdaq down about 26. As for the tenyear yield, we are going into a heavy batch of Economic Data. 176 is the yield. Thats sort of in the mid point of the range that weve been seeing, 170 to 180 a few weeks ago. See if we can climb over that threshold. The betting odds are that december is a go. November not so much. Exactly right. Yesterday we did see in terms of quantity more beats in the Earnings Releases that we saw than misses. But there was some high profile misses on stocks that Consumer Confidence data also had, also oil prices slipping below 50. Apple after the bell a big weight. Thats a factor on futures. Lets look at european equities. Theyre in the red. Quite si
Third Point LLC reduced its stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 16.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,465,000 shares of the basic materials company’s stock after selling 685,000 shares during the quarter. […]
Symmetry Investments LP purchased a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 44,659 shares of the basic materials company’s stock, valued at approximately $3,436,000. Several other institutional investors have also recently added to or reduced their stakes in the […]
Redwood Investment Management LLC acquired a new stake in shares of DuPont de Nemours, Inc. (NYSE:DD – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 60,369 shares of the basic materials company’s stock, valued at approximately $4,644,000. Other institutional investors and hedge funds have […]