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CNBC Squawk July 3, 2024

Worst down by 1 the nasdaq off by. 6 . The s p down by. 50 lets take a look at treasuries now. You can see at this point the tenyear yield at 4. 68 yesterday on that data that we got at 8 30, the twoyear moved above 5 we have the pce number today squawk planner two reports before the opening bell chevron and exxonmobil in the next 90 minutes. You see two big interviews after those reports. Darren woods will join us at 7 30 eastern time this morning chevrons c, o mike wirth will be on at 9 45. Po we will get key Economic Data at 8 30. Core pce is expected to rise without food and energy. That is down from the february reading of 2. 8 . U. S. Secretary of state Antony Blinken meeting with xi jinping. He told xi there has been progress since the meeting with President Biden back in november there are still many issues that ....

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CNBC Fast July 3, 2024

In inflation lets take a look at where we are right now. Communication services down the most, 5 , were going do get into consumer discretionary. Two sectors are hanging on to the green, albeit just barely with utilities what a report. When we got this gdp report, below consensus, well below certainly where we were last quarter. What does it make you think . Theres a difference between being concerned about the top line missing because we could actually see that be revised up over the course of the next couple of weeks. I think the challenge is the data showed that the inflation on a month over month basis for cpi is showing up in this report when you look at the consumer you saw a decline in good spending weve seen slowing in terms of good spend ing in particular autos you saw that decline in the quarter. The growth in Services Spending were from areas weve seen meaningful inflation, so that inflation in areas like insurance, ....

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CNBC Fast July 3, 2024

The headlines driving the moves and the impact on all the miners im melissa lee, coming to you live from studio b at the nasdaq stocks ended the day in the red, but making a big comeback from their worst levels of the day. The dow down 700 points at the lows, ending the day off less than 400 the nasdaq down my that are 2. 3 at its lows, closing down just over half a percent. The losses coming after a softer than expected gdp report, but already, its looking like we are in for a big reversal tomorrow shares of microsoft and alphabet soaring. Go googles parent adding more than 300 billion in market cap after announcing its first ever dividend and a 70 billion stock buyback lets get more on the numbers with deirdre bosa. Hey, mel. The call is still under way. The q a should be beginning soon no surprise, the ceo spent a lot of time talking about his a. I. Strategy i want to highlight how the company says its navigating generative a. I. In search ads, its cash cow he says hes encouraged by ....

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CNBC Squawk Alley January 5, 2018

Also iphones, macs are affected by a processor flaw and also billboard reports jimmy iovine could leave his role at apple music and a survey shows an improvement in demand for the iphone x, despite what it calls supply chain volatility. For all that lets bring in the man behind that note, steven malanovich steven, good morning, happy friday same to you i want to start with the iphone x thats the big profit and revenue driver at apple. Theres often all of this supply chain noise around iphone releases often a lot of it doesnt actually translate when we see the results. Which are we to believe, the fear, uncertainty, and doubt among the demand for the iphone x as evidenced by component orders from apple, or the demand that youre seeing for the phone itself well, at the end of the day demand drives supply, so we focus quite a bit on demand. We did this at Ubs Evidence Lab survey followup, so a couple months ago we looked at demand ....

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CNBC Squawk Alley January 12, 2018

Quintanilla with Morgan Brennan and john fortt on the New York Stock Exchange the social network looking to emphasize posts from friends and family Mark Zuckerberg writes, i expect some time on facebook and measures will go down. As facebook deprioritizes news, the former president obama was on the First Episode of lettermans new show on netflix, where he addressed the issue of news on social media listen to that whatever your biases were, thats where you were being sent, and that gets more and more reenforced over time thats whats happening with facebook pages where more and more people are getting their news from. At a certain point, you live in a bubble and thats part of why our politics is so polarized i think it was a solvable problem, but i think its ....

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