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CNBC Worldwide Exchange July 12, 2024

Good morning im Frank Holland in for Brian Sullivan here is how your stocks are shaping up the dow is open, the s p up about three. Nasdaq implied open up about 35 points still on pace for the broader losing streak. Closing down more than 1 with amazon closing down two and a quarter percent. The russell 2000 up more than 3 since monday where its best Weekly Performance since august 8. Perhaps a rotation on the way. More on that coming up first, we have to check the stock of the week. Thats snowflake after the surge of trading on wednesday, the stock was down 26 yesterday and on track for more losses this morning that stock down about a percent and a half well continue to watch those shares checking action around the globe, matt taylor in singapore and karen tso in london. A fairly lack luster week in the markets. We d ....

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CNBC Worldwide Exchange July 12, 2024

Utility. How we may be soon making our own power. And sugar rush halloween candy flying off the shelf. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome to wherever you may be watching lets get now to why you are probably here. Your money and the markets Technical Levels are barely holding up they are holding up in some cases. Futures are mildly in the red for the dow. The nasdaq futures are down 58 something to watch we will throughout the morning broad based indices. It was the fifth drop in six sessions here is truly your nasty stat of the morning. Nasdaq posting the fourth drop down 10. 55 this month why are we so precise. That makes the nasdaq 100 on base for the worst month since november 2008. The nasdaq 100 now officially doing worse than it did in march when the pandemic and lockdowns first hit. It wasnt just stocks. Als ....

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CNBC Mad Money July 12, 2024

Were learning in the wake of the shocking ipo yesterday where buyers seemed indifferent to the share price if you wanted to buy snowflake, you had to sell something else, which triggered a selloff in the nasdaq, and that spread today, with the dow dipping 130 points, and the nasdaq losing 1. 27 . A lot of people call into question what theyre doing paying such high prices. We saw the spectacle of a stock trading at more than 100 times, not earnings, but sales. Dont get me wrong, snowflake should not be about making money, it should be losing money. It makes sense for management to spend fortunes to dominate the cloud Data Management business you want to win, youve got to spend. Snowflake is not the issue, though the ceo will do everything in his power to deliver for shareholders hes got an amazing track record i totally understand why people are willing to pay for the nose for his stock. I liked it even as high as 125 but i jumd ....

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CNBC Street Signs July 12, 2024

Severe consequences. Switch Company Roche will role out rapid test that will provide results in 15 minutes. We speak to the ceo of diagnostics in the next few moments. The swiss market watch dog offers a fresh case over the top scandal. Japans chief cabinet secretary is expected to announce hell join the race to replace Prime Minister shinzo abe. Warm welcome to street signs, we have just finished watching the Deutsche Bank chief who warned that it is not likely well see the economy return to precry si levels this year or next he noted how germany has done a decent job managing the economy through the coronavirus pandemic he did warn the large number of zombie firms to come out and have significant affect on germany. Well bring you all things german banking on that later in the show annette will bring us and plenty more on ....

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RT Watching The Hawks July 12, 2024

Counterproductive to its its own goals in the stands. No male and female. Then you will necessarily have to start some patients to them or. Even out the. Discrepancy being female and male. So i dont think actually what you do is just removing the problem into were not. Actually. The need for now were back again with more stories at the top of the. So after 2 plus years of political posturing manufactured photo ops and 20 person panel after 20 person panel on c. N. N. We are now finally in the homestretch of the run for the white house here in the United States of america and it has been convention fever these last few weeks my friends while both the libertarian and the green party has a fascinating online conventions this year with the libertarians actually breaking their own partys Glass Ceiling and nominating their 1st female president shell candidate joe jordan it was of cou ....

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