June PCE, Energy & the Election, and the State of Health Care 7/26/24
Worldwide Exchange
by CNBC
16h ago
Investors are preparing for the latest look at inflation with PCE out this morning. Former Fed Vice Chairman Roger Ferguson tees up the report. Plus, Former President Barack Obama is endorsing Vice President Kamala Harris in her bid for the White House. RBC's Helima Croft explains what a Harris presidency might mean for oil prices. And, shares of Universal Health Services are coming off a new 52-week high following strong second quarter earnings. CEO Marc Miller discusses ..read more
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Worst Stock Sell-Off Since 2022, AI-Proofed Portfolio, and Luxury Sector Slowdown 7/25/24
Worldwide Exchange
by CNBC
2d ago
Stocks are coming off their worst day since 2022. Bleakley Financial Group's Peter Boockvar, MRB Partners' Phillip Colmar, and InfraCap's Jay Hatfield discuss. Plus, how can investors AI-proof their portfolio? Chantico Global's Gina Sanchez gives three stocks to watch. And, a luxury slowdown is sweeping across Europe. TEMA ETFs' Javier Gonzalez Lastra explains ..read more
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Tesla's Fourth Straight Miss, Alphabet's Ad Sales Decline, and Big Tech's Market Drag 7/24/24
Worldwide Exchange
by CNBC
3d ago
Tesla shares are sinking after the EV maker missed earnings estimates for the fourth straight quarter. CFRA's Garrett Nelson explains. Plus, Alphabet is also under pressure as investors focus on the decline in YouTube ad sales. Wolfe Research's Shweta Khajuria dives into the report. And, the drag on Big Tech is weighing on the rest of the market. Delancey Wealth Management's Ivory Johnson and Pivotal Advisors' Tiffany McGhee discuss ..read more
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Busy Day of Earnings, Tech Stocks Rebound, and the Manufacturing Economy 7/23/24
Worldwide Exchange
by CNBC
4d ago
It's a busy day of earnings, with Alphabet, Tesla, and UPS all reporting today. NorthStar Asset Management's Nimrit Kang, GraniteShares' Will Rhind, and Bank of America's Ken Hoexter tee up the numbers to watch. Plus, the S&P 500 is coming off its best day in more than a month as tech stocks rebound from last week's sell-off. The Wealth Consulting Group's Jimmy Lee and Truist's Keith Lerner explain. And, what is the manufacturing sector signaling about the overall economy? Snap-on CEO Nick Pinchuk weighs in ..read more
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President Biden Drops Out, Global IT Outage, and Busy Week of Earnings 7/22/24
Worldwide Exchange
by CNBC
5d ago
President Biden has ended his re-election campaign and is now endorsing Vice President Kamala Harris as the Democratic nominee. Fordham Global Foresight's Tina Fordham and Stifel's Brian Gardner give the latest. Plus, companies around the world are still reeling from Friday's global IT outage. Tenable CEO Amit Yoran discusses what this means for the broader cyber security landscape. And, investors are awaiting a busy week of earnings and economic data. Citi's Steven Wieting explains ..read more
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Nasdaq Rebound, Netflix Earnings, and Navigating Volatility 7/18/24
Worldwide Exchange
by CNBC
1w ago
The Nasdaq is pointing towards a possible rebound this morning after logging its worst one-day loss since 2022. GAM Investments' Paul Markham discusses. Plus, Netflix is expected to add fewer subscribers this quarter compared to last. Main Street Research's James Demmert tees up the report. And, how should investors navigate this latest bout of volatility? Bone Fide Wealth's Douglas Boneparth weighs in ..read more
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Trump's VP Pick, Regional Bank Earnings, and Consumer Warning Signals 7/16/24
Worldwide Exchange
by CNBC
1w ago
Former President Donald Trump has tapped Senator J.D. Vance as his running mate. Veda Partners' Henrietta Treyz discusses. Plus, as the big banks wrap up second quarter earnings, attention now turns to the regionals. ServisFirst Bank CEO Tom Broughton lays out what his company is seeing. And, a number of retailers are sending warning signals around the consumer. R5 Capital's Scott Mushkin and Jane Hali & Associates' Jessica Ramirez explain ..read more
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Assassination Attempt on Former President Donald Trump 7/15/24
Worldwide Exchange
by CNBC
1w ago
Global investors are working through this weekend’s assassination attempt on Former President Donald Trump. In a rare prime time oval office address, President Biden struck a similar tone, telling Americans it’s time to lower the temperature around political discourse. Futures are broadly higher as markets weigh shifting sentiment across the country ..read more
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Big Bank Earnings, Biden Defiant, and Fixed Income Outlook 7/12/24
Worldwide Exchange
by CNBC
2w ago
JPMorgan, Citi, and Wells Fargo kick off second quarter earnings season. Argus Research's Stephen Biggar tees up the results. Plus, President Biden is remaining defiant in his fight to keep his campaign afloat. Raymond James' Ed Mills explains. And, the prospect for rate cuts could be a boon for fixed income investors. Goldman Sachs Asset Management's Gurpreet Garewal discusses ..read more
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June CPI, Oppenheimer's Best Smidcap Ideas, and Inflation's Consumer Impact 7/11/24
Worldwide Exchange
by CNBC
2w ago
Today's CPI report is expected to show a slight increase in headline inflation on a monthly basis. Bank of America's Aditya Bhave gives his forecast. Plus, Oppenheimer is out with its Best Smidcap Ideas list. Jed Kelly makes the case for Genius Sports. And, sticky inflation may be taking too big a toll on consumer spending. Compass Diversified CEO Elias Sabo explains what his business is seeing ..read more
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