Market mood suddenly turned sour yesterday on news that Apple would slow hiring and cut spending in some businesses due to the recession fears, and Gazprom declared force majeure.
The S&P500 reversed early-session losses and Apple lost more than 2%.
Crude oil kicked off the week on a positive note, as Joe Biden’s visit to Saudi Arabia only served t ... Show More
Feb 2023
Bard’s gaffe costs Google more than $100bn!
US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. The S&P500 fell more than 1%, while Nasdaq slid around 1.80%.
Inside Nasdaq, Google had a particular ... Show More
10m 46s
Jul 2023
Rates Hit 16-Year High, and Zuck and Musk Square Off Amid Threads Launch 7/6/23
<p>The 2-year yield crossed 5% and traded at levels not seen since before the Great Financial Crisis. And while stocks closed off their lows of the day, all three major averages went negative for the week. Will tomorrow’s jobs report alleviate the pain, or is the first half rally ... Show More
44m 28s
Sep 2022
Stocks Try To Rally, Europe’s Energy Crisis, Ukrainian President Zelenskyy Rings the Opening Bell, 9/6/22
Carl Quintanilla, Mike Santoli and David Faber began the hour by breaking down the markets coming off their third-straight week of losses, and the Nasdaq hoping to avoid its 7th negative session in a row. Goldman’s chief economist Jan Hatzius posted a note saying he believes the ... Show More
43m 10s
Apr 2024
Markets and the Israel-Iran Conflict, Netflix Slumps, New Woes for Tesla 4/19/24
<p>Carl Quintanilla and Jim Cramer discussed what to make of the markets trying to shrug off Israel's early Friday retaliatory strike against Iran -- with the S&P 500 and Nasdaq in the midst of five-session losing streaks. The anchors also reacted to Netflix shares down sharply, ... Show More
42m 36s
Jun 2023
Stocks slip, dollar steadies as rate hikes, a rate cut and Powell awaited
Send us Fan MailEquities start week on the backfoot amid uncertainties; can Powell changethe mood? China steps up effort to boost economy but Asian stocksunimpressed. Pound shines ahead of BoE decision, SNB coming up too,dollar crawls off lows.Risk Warning: Our services involve a ... Show More
4m 31s