Look at Nvidia now. The shares under pressure this morning down 2% despite strong earnings revenue guidance. Christina parts Neville joins us with more on the quarter and on this reaction by the street to the report.Christina. Yeah, you you mentioned the stock drop after Nvidia beat on multi and it has multiple culprits. The Q3 guide might have missed buyside whispers by a billion dollars.Operating expenses came in a touch higher than people wanted and data center sales missed for two consecutive quarters p ...

We got some more breaking news this morning from Lisa Cook and the lawsuit that's been filed. Our Steve Leeman's going been going through the documents. Steve, what do we have. >> Yeah, we have uh now the key issues which is what is Lisa Cook asking the court to do.Obviously, this is a case where she is suing uh uh President Trump as well as the Federal Reserve and J. Pal. And I'll get to that for the reason why, but she's asking the court to declare her firing unlawful and void by the president.that Trump' ...

Retail & Restaurant Performance - Some companies like Ali's and Dollar General are performing well [1] - Chipotle is facing challenges due to perceived high prices [1][2] - Chipotle is offering a group meal option at approximately $8 per person [2] - Chipotle is experiencing negative sales, indicating customer preference for more affordable options [2] Consumer Behavior & Economic Trends - Consumers are seeking bargains and value, favoring options like Burlington and Olive Garden [2] - A significant portion of consumers are unwilling to pay high prices for meals, such as $28 for a burrito bowl with delivery [4] - Some consumers prefer cheaper alternatives like McDonald's value meals [4] - The market is bifurcated, with a segment of consumers prioritizing lower prices [5] - High employment rates exist, but affordability concerns influence consumer choices [6] Competitive Landscape - Cava and Sweet Green are also considered expensive, costing around $15-$16 per meal [4][5] - Brinker offers a more affordable option with a $10 burger [4]

David, pending home sales in July dropped 0.4% from June and were 0.7% higher from July of last year. According to the realtors, the street was looking for a tiny gain of.3%. So, let's just call it even.Now, this count is based on signed contracts. So, people out inking deals in July when the average rate on the 30-year fixed was moving higher. You can see it began falling in August, but that is not reflected in these numbers.Regionally, sales dropped monthtomonth in the Northeast and Midwest. They were fla ...

is going to keep projects from the sidelines and keep people from spending the way that he would like uh if >> we just had claims down 5k 229. Look, there's a lot of conundrums here. Look, you could say that what we just described is like 1971 when John Dean was asked by Nixon to compile an enemies list and they used every agency imaginable, the FBI, the IRS, just barber to discredit enemies.And I I have to tell you, if you want an enemy, it's this needs a hook. If you want to try to influence the Fed, do y ...

Nvidia shares they are flat right now following a modest beat in its second quarter results. This comes as China pushes to triple its AI chip production for tech self-reliance. Joining us right now is Chris Miller, Tus Fletcher School associate professor, the author of the chip war.Good morning to you. I think the big question this morning is what do you think the prospect is really uh that Nvidia is going to be able to sell into China and if they are going to be able to sell into China whether it's the H20 ...

Market Reaction to Fed Policies - The market initially reacted to news regarding the Federal Reserve with slight rate increases and dollar softness, but these movements reversed quickly, indicating a strong focus on potential Fed rate cuts [2][3] - The market is closely watching for signals from the Federal Reserve regarding potential rate cuts, particularly focusing on upcoming jobs and inflation data to guide the Fed's direction [5][6] - The bond market presents opportunities for various perspectives: the front end of the curve suggests rate cuts, while the back end reflects concerns about longer-term implications [7] Treasury Supply and Yields - Increased supply of treasuries, coupled with a potentially dovish Fed policy amid uncomfortable inflation levels (above the Fed's target), could lead the bond market to penalize Treasury issuance [9] - While the Treasury Secretary aims to lower the 10-year yield, market forces beyond their control are influencing it [9] - The Federal Reserve could attempt to control the back end of the curve through yield curve control and quantitative easing, but this may not be a great policy when market forces go in the opposite direction [10] Global Bond Market and Diversification - While the UK offers attractive yields, the rest of the world is converging towards the US, and the UK has its own fiscal issues [12][13] - Double Line has started to invest in local currency emerging market bonds, which offer yields around 7% without currency hedging, but with associated risks [14][16] - Developed world interest rates have been highly correlated, with Japan being the primary exception due to its reluctance to hike rates [18][19] BOJ and Global Sovereign Debt - The Bank of Japan (BOJ) is known for unpredictable policies and a lack of forward guidance, making Japanese Government Bonds (JGBs) less appealing [21] - High global sovereign debt levels and uncontrolled inflation suggest that rates, particularly at the back end, should be at or above current levels [22]

Uh, meantime, we are now just seconds away from jobless claims and getting the latest GDP data. Want to get over to our good friend uh in Chicago, Rick Santelli, is standing by. Ahead of that, you got the Dow up about 40 points.All this could move around though. You got NASDAQ off this morning. Uh, Rick, what should we be watching.What are you thinking about. Well, I'll tell you, uh, I think a lot of attention being paid to issues that I don't pay a lot of attention to. I'm a market guy.all the talk about w ...

Joining us now, Texas Republican Congressman Chip Roy. He's a co-sponsor of the Transparent Representation Upholding Service and Trust in Congress Act. Congressman, thank you very much for being here. Uh tell us about what brought you into this topic. Why why are you uh coming up with this initiative? >> Sure. Well, uh in my first term in Congress, I joined with a Democrat friend of mine. uh we shared a belief that members of Congress should not be uh trading stocks uh enriching themselves in essence while ...

Trump administration firing the director of the CDC just hours after she refused to resign. Angelica Peoples joins us with more on the move. Angelica, hey Andrew.Well, the White House firing CDC director Susan Monz saying that she's not aligned with the president's agenda of making America healthy again. And lawyers for Monz are fighting back, saying in a statement that she was notified by a White House staffer and that as a presidential appointee confirmed by the Senate, only the president himself can fire ...