Put another good morning. Its Worldwide Exchange on cnbc im sara eisen. And im wilfred frost. Its Throwback Thursday and its go to karaoke songs. And were holding some gains with a mixed picture. Dow futures down 6. 5. S p down 1. Nasdaq positive. Its been the outperformer its up 2. 5 for may. The chart to watch . Brent crude oil. Pushing above the psychologically important 50 a barrel mark for the first time. Were sitting just above there. Just holding on. Besee a half percent above wti. And brent. Wti 49. 84. And later in the show the fact that brent is above wti. Well get his perspective on how long it might hold this time. Lets check knob Global Market this is morning. Europe mixed. Just lost a little steam in the last half hour or so. Most of the markets are negative. Not too pronounced. Germany is positive. And spain is down because the banks are down significantly. Banco popular had a rights issue and down about 20 weighing on the sector more generally. Europe over the course of
Well. Crude Oil Yesterday you saw wti back up 50 dollars for the First Time Since october. Now you see wti is down close to 1 . 49. 04. Couple big stories. The news just breaking in the last half hour. Eight auto makers issuing 12 million rerecalls. And more recalls are expected to be announced in the coming days. That is one of those stories that just continues. Also g7 leaders issues a warning overnight. Saying a british vote to leave the eu would seriously threaten the world economy. In a statement the leader said a brexit would reverse the trend towards greater global trend and investment and the ensuing job creation. And that back and forth between paypal founder peter thiele and gawker ceo nick denton continuing last night with denton writing an open letter. Thiele launched a decade Long Campaign against gawker after the blog outed the founder as gay. Denton called thiele thin skinned and challenged him to a role about the denton has begun solicits bids for the sale of gawker. Lo
To make his accept apps speech, with protests growing in the streets, with a protester even getting inside the q, with Police Presence dramatically pumped up, new horses, new barricades, new xray scanners and new agitation. In all of this it is still ted cruz. I am not in the habit of supporting people what attack my wife and attack my father. Reporter stealing the headlines with his mic. That pledge was not a blanket commitment that if you go and slander and attack heidi that im going to nonetheless sound like a puppy dog and say thank you very much for mall laining my wife and mall lining my father. His comes after his shocking 23minute speech. I want to congratulate donald trump on winning the nomination last night. Where he only said is trumps name once and didnt endorse him before getting booed off stage. God bless each and every one of you, and god bless the United States of america. Reporter today cruz doubled down on that non endorsement. What does it say when you stand up and
Satisfaction in me welcome to squawk alley. Im here with jon fortt, mike san tolli, and scale ventures cofound, and ed, welcome to post 9. To our top story, the major averaging coming off a record day of record highs, the nasdaq its third positive close in a row, the dow is down about 50 points or so on the heels of another bullish by Warren Buffetts berkshire hathaway. Hey there, carl, berkshire has made news again by an apple position. To a total of 9. 8 million shares at this point. Its a vote of confidence, but also a reflection of the new generation of managing money at berkshire, where Warren Buffett for the most part has avoided tech stocks. Now some appear to be wading into that territory. At the same time, and ill make a caveat that these are dated june 30th, and things may have changed, other big investors appear to be more bearish. George soros dissolving a fund, and moore sold out of the name entirely as well. Changing the position by about 75 , while greenlight shaved its