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Transcripts For CNBC Power Lunch 20240622

S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live for days like this, watching the dow and the impact of china spread across the globe. Bob pisani, anything with any china or Commodity Exposure is getting pummeled. Dow up 240 yesterday, down 240 now. Its a wasted week so far. Put them up, Materials Energy and industrials to the downside. Thats the big losers. Some of the obvious names and their impact from china. We always talk a ....

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Transcripts For CNBC Power Lunch 20240622

Is europe close. This often happens. We just had a horrible day in europe. Worst day of the year really. A lot of markets down 3 . You see just right after europe closed, closer to noon, the market came up and moved into positive territory. As for china, the etfs in china very heavy volume today. Doesnt matter what etfs, ashr, thats mainland china, the a shares. The second one is hong kong shares. All of them are down though not as much in hong kong as you can see. This is spilling into the emerging markets. A lot of activity in emerging market etfs. For example, indonesia has moved down in the last few days. Those are new multiyear lows for indonesia. The same whats going on in other emerging market etfs for example, br zale. Ewz is very active. This is a 10year chart. We just broke below the 2009 lows in brazil. That was widely commented on trading this morning. With Interest Rates moving down,
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Transcripts For KQED Nightly Business Report 20240622

Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does it do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within it will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. A ....

New York , United States , District Of Columbia , Dennis Lockhart , David Drummond , Macy Kohl Nordstrom , Warren Buffett , Chris Christie Jeb Bush , Sergey Brin , Buffett Berkshire Hathaway , Los Angeles , Mitchell Yass , Sundar Pichai , Courtney Reagan , John Harwood , Julia Boorstin , John Ford , Susie Gharib , Kraft Heinz , Chris Christie , Mike Huckabee , Warren Buffett Berkshire Hathaway , Eric Schmidt , Sheryl Sandberg , Stanley Fisher , Bernie Sanders ,

Transcripts For KQED Nightly Business Report 20240622

Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does i do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within ital will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. ....

New York , United States , District Of Columbia , Dennis Lockhart , David Drummond , Macy Kohl Nordstrom , Warren Buffett , Chris Christie Jeb Bush , Sergey Brin , Buffett Berkshire Hathaway , Los Angeles , Mitchell Yass , Sundar Pichai , Courtney Reagan , John Harwood , Julia Boorstin , John Ford , Susie Gharib , Kraft Heinz , Chris Christie , Mike Huckabee , Warren Buffett Berkshire Hathaway , Eric Schmidt , Sheryl Sandberg , Stanley Fisher , Bernie Sanders ,

Transcripts For KQEH Nightly Business Report 20240622

Holding company with that name, alphabe in an effort to shake up the way the firm is organized. And the new Holding Company will include the business that google is best known for. Search. The news which came after the close of trading sent shares higher initially in the afterhours session, as you see there. John ford is here with what this move means for the company and for shareholders who either own the stock directly or through etfs and funds. Was this reorganization in any way rumored and what does it do . Not rumored at all. Had to do a doubletake to make sure this was real. This company,indeed, called alphabet, within it will it exist google inc. And that company has a new ceo. Larry page, the former ceo of google is going to be the ceo of alphabet. The ceo of google is going to be a guy named Sundar Pichai, served as googles chief operating officer up to this point. A ....

United States , New York , District Of Columbia , Dennis Lockhart , David Drummond , Macy Kohl Nordstrom , Warren Buffett , Chris Christie Jeb Bush , Sergey Brin , Buffett Berkshire Hathaway , Los Angeles , Sundar Pichai , John Harwood , Courtney Reagan , Julia Boorstin , John Ford , Susie Gharib , Kraft Heinz , Chris Christie , Mike Huckabee , Warren Buffett Berkshire Hathaway , Eric Schmidt , Sheryl Sandberg , Stanley Fisher , Bernie Sanders , Holding Company ,