Broadcom shares slide despite earnings beat
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JOLTs and consumer confidence data beat expectations
Category: News & Politics
The stock downgrades to an underweight at jpmorgan saying the stock is overvalued. >>> consumer confidence out a few moments ago and rick santelli has the numbers for us. rick. >> yes. not only that, job openings and labor turnover known as jolts, jolts coming in near expectations, 8, 184, 000... Read more
Norfolk Southern CEO Alan Shaw replaced by CFO amid alleged affair with legal chief
Category: News & Politics
>>> after a headline filled week norfolk southern has ousted alan shaw want to get to morgan brennan with details on the story. >> terminating alan shaw, appointing the cfo to the ceo role that is effective immediately. this after preliminary findings found shaw violated company policies engaging... Read more
Kamala Harris' tax plan for investors: Here's what you need to know
Category: News & Politics
>> now seen full-year revenue down 1 to 4. we'll see what the year brings. >>> meantime, the vice president's tax proposals might have a dramatic impact on investors. robert frank has some numbers for us this morning. >> good morning. vice president harris proposing to double the tax on capital... Read more
NFL agent Drew Rosenhaus on the start of the NFL season
Category: News & Politics
>>> the defending super bowl champions kansas city chiefs taking the first game of the nfl season in the thriller against the ravens last night. agent drew rosenhaus joins us this morning to talk about his expectations for the season. drew, it's our favorite time of year. >> it really is. carl,... Read more
Nvidia: Here's why Cantor Fitzgerald raised its price target on the stock
Category: News & Politics
Sticking with nvidia our next guest raising the target to 140, saying he's katieconfident that nvidia will remain the top force. cj joins us now. in terms of the price target how many times have you raised it the last year or so as nvidia continues the upward trajectory? >> good morning, leslie.... Read more
Cramer’s Stop Trading: Nasdaq
Category: News & Politics
>>> time for jim and stop trading. >> okay. there's a couple of things that have been very negative that we heard this morning. how about a real positive. the nasdaq upgraded from sell to buy at bank of america. you can argue wait a second, what are they doing with a sell given the fact that stock... Read more
Earnings will support markets despite normal volatility, says Bernstein's Dan Suzuki
Category: News & Politics
We have our legs back are pretty high. how much more can we squeeze out of it? >> good setup. thanks. mike santoli. let's talk about where stocks go from here. dan is with us, richard bernstein adviser's deputy cio. good to see you. >> thanks. good to see you too. >> you feel like we have our legs... Read more
Nvidia faces challenge as 'promise of AI' is ahead of results, says Elevation Partner's McNamee
Category: News & Politics
Only 1% of it is. >> elon musk would take issue with that, and the complaint reads well. >>> let's talk about the ai boom. tech investor, roger mcnamee joins us now. first up, do you -- what do you think of open ai? do you trust sam altman? >> not a bit. i saw the prior segment when you were talking... Read more
China announces sanctions against seven Americans, including former Commerce Secretary Wilbur Ross
Category: News & Politics
News out of china. here's the story for us. one or two high profile names. >> that's right. the chinese foreign ministry has said -- china's imposing sanctions on seven americans and an entity to retaliate against the u.s.'s sanctions on chinese officials in hong kong one of the high profile names... Read more
Evercore's Daryanani: Apple Intelligence details will help determine if this will be a super cycle
Category: News & Politics
From donald trump when he bashed gary gensler, not a fan, that industry. >> gensler doesn't have a lot of fans. >>> turn back to apple, the company expected to unveil its newest watches, air pods, lot of things as well as the latest apple intelligence. joining us to discuss evercore's isi, $250... Read more
Apple upgrades will be meaningful but not super cycle, says AT&T CEO John Stankey
Category: News & Politics
States to help former president donald trump's campaign. david, i'll send it back to you. >> thank you >>> well, if you're keeping track it's day two of goldman sachs' conference in san francisco. top executives joining throughout the day one of them is at&t's ceo john stankey, and he joins us now,... Read more
'Ultra dovish' cuts may be off the table after CPI report, says Ed Yardeni
Category: News & Politics
Class. grow opportunity into the future >> lael brainard thank you for joining us we appreciate it on reaction to cpi and some of the economic policies from the white house this morning. >> thank you. >>> let's get to the markets this morning and get reaction to the inflation print. joining us... Read more