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Retail Sales Miss, Markets' Record Run, Tech Rally: Apple vs. Microsoft 6/18/24

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Manage episode 424258961 series 3399849
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On the final trading day before the Juneteenth holiday, Carl Quintanilla, Sara Eisen and Michael Santoli explored market reaction to weaker-than-expected retail sales data for May: What it all means for the Fed, investors and consumers. The anchors also discussed the S&P 500 and Nasdaq entering Tuesday's trading session at record closing highs. It's the same for Apple and Microsoft as they resume their battle for the title of most valuable company. Also in focus: EV startup Fisker files for bankruptcy, Lennar falls despite a quarterly earnings beat, chips rally, what Dell CEO Michael Dell told CNBC about AI PCs, Citi CEO Jane Fraser’s message atthe company's "Services Investor Day."

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1597 episodes

Artwork
iconShare
 
Manage episode 424258961 series 3399849
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

On the final trading day before the Juneteenth holiday, Carl Quintanilla, Sara Eisen and Michael Santoli explored market reaction to weaker-than-expected retail sales data for May: What it all means for the Fed, investors and consumers. The anchors also discussed the S&P 500 and Nasdaq entering Tuesday's trading session at record closing highs. It's the same for Apple and Microsoft as they resume their battle for the title of most valuable company. Also in focus: EV startup Fisker files for bankruptcy, Lennar falls despite a quarterly earnings beat, chips rally, what Dell CEO Michael Dell told CNBC about AI PCs, Citi CEO Jane Fraser’s message atthe company's "Services Investor Day."

Squawk on the Street Disclaimer

  continue reading

1597 episodes

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