Jason snipe is here as well. Lets get a check on the markets. Stocks are still deep in the red. The nasdaq, the biggest losers by far today on pace for its worst day since june 11th. The s p on pace for its worst day since june big tech names like apple, microsoft, facebook. There you see the index and some of the names amazon, alphabet they are the ones that are dragging the markets lower look at apple. Down nearly 6 microsoft, 5 . Facebook, 5 amazon almost 5 and alphabet 4 whats going up . Only the bond, the tenyear note at. 62 . Lets kick it around a bit is this the beginning of something bad or maybe not i dont think it is when i was on the show last week, i said, hey, all of us on the show today are greedy. Greed has a way of biting you at some point and you have to decide is it a flesh wound or is it drawing real blood. I think its more of a flesh wound. Its taking the weak handed traders buying things like zoom and now selling. That lets others as well were saying amazon will be
Upgrading the stock ahead of the results later this week. Tony will join us on friday to react to apples numbers after the stock is still down nearly 9 so far this year. The big stock mover of the date is tesla. Up 15 today, more than 15 . More than 35 in the last week. This latest game fueled by elon musk surprise visit to china and approval for full self driving in that region. We have what it means for tasley. Please give us a sense of what we know about this deal so far. Reporter leslie, these are the three main takeaways so far. First after mask visit with the chinese premier of the tesla flag, beijing deemed it compliant with the countrys new security regulations. This as a result, the statement said that local governments had restricted where tesla cars were allowed to go are lifting those restrictions. Second, official media said that it is reporting and confirmed with china and tesla but its full Self Driving Software could be launched in china and what they said as, quote, so
A political leader accuse of orchestrating an attack in northern cost of a and out. Is there a gains exclusive access to the now does that change over time . Kennedy empower by the adult republicans in washington is facing a vote to challenge his position brought on by a member of his own policy. There was house of representatives is preparing to vote on a motion to remove speaker Kevin Mccarthy from his post. That motion is being tables bite for the republican, not gate, so you can see it speaking that now on your screen. He and the other hand, right, members of the policy accused, mcafee, of making a deal with democrats to prevent a Government Shutdown at the end of last week. As well as in jordan joins does not live from capitol hill in washington. Lots going on. There was a motion to table, the vote has just not really pos or took us through. Thats protection of a what happens next. Okay, so were talking about 2 votes that are being dealt with at this hour. The 1st one was a motion
Gets a win with tech. Trouble in the csuite as paramounts executive is looking for the exit it is monday, april 29th, 2024 you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Live from cnbc london. We kick off the check of the futures with the nasdaq and s p coming off the best week since november we are in the green across the board. It looks like the dow would open 60 points higher a bit off the highs of early this morning you see they are in the green this morning huge gains in tech and Communications Thanks to alphabet stocks with earnings last week. The Company Opening with the market cap above 2 trillion for the first time ever. Shares are pulling back this morning. We are checking the nasdaq 100 premarket gainers look at the stocks that are gaining in the premarket. We are seeing give us a second to pull those up. Tesla at the top of the list after striking the deal in china. Shares up 6. 5 that is followed by apple. Reporting earnings th
Committee hearing examining the Congressional Budget Office. This hearing focuses on the agencys federal budgeting process for cost estimates, scoring, and baseline construction. The hearing will come to order. Welcome to the committee and the budgetary on the Congressional Budget Office baseline scoring. This is the second of five hearings the Committee Plans to hold the spring on oversight of the Congressional Budget Office. E as we discussed, cbo was created more than 40 years ago as part of the congressional budget and since then they been a vital support agency that provides nonpartisan budget analysis and the hearings are intended to help us learn more about how the agencies carries out mandates of supporting congress and the federal budgeting process and to consider areas in which the agency can improve. Cbo has not undergone a comprehensive review since it was founded. The demands have changed since 1974. We want to make sure the agency has what it needs to fulfill its mission