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and j.b. hunt one of the nation's largest trucking companies. brown shoots abound. i can include two order-related names, carmax the used car dealer, which blew up when it reported and snap-on tools, the reliable specialty tool company that sells to individual auto repair shops that lost an astounding 7.6% of its value on a rare earnings miss >> the house of pain but we don't have a lot of blowups in the morning so buyers think the coast is clear on most days it isn't there's no coast is clear because we aren't trading on earnings right now we're trading on fear. and fear does not lead to great closes third not all stocks are created equal. we used to have leaders and the leaders are failing us the biggest failure, tesla which is going down relentlessly in a totally scary pattern >> the house of pain how much will tesla lose this quarter? that's the common refrain. how about the pivot to robotaxi? hertz tried that with tesla and that failed. why would that be better for tesla? the country's not ready for self-driving cars. instead they want -- they sure don't want t
and j.b. hunt one of the nation's largest trucking companies. brown shoots abound. i can include two order-related names, carmax the used car dealer, which blew up when it reported and snap-on tools, the reliable specialty tool company that sells to individual auto repair shops that lost an astounding 7.6% of its value on a rare earnings miss >> the house of pain but we don't have a lot of blowups in the morning so buyers think the coast is clear on most days it isn't there's no coast is...
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Apr 17, 2024
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. >>> up next, shares of j.b hunt under pressure after the trucking firm missed estimates for the firste to weaker demand this is an ugly stock char here scott, what's your trade >> unfortunately, j.b. hunt is sell they were tagged with travellers as the worst name in the s & p for the day. they are at a 1.52 versus 1.80 estimate and 1.89 a year ago rates received have collapse for trucking companies, down 2.5% year to date. so rev now is falling as diese prices increase by 3.5%. they are still struggling to find drivers forward pe now 23.5. this is not a bargain by any measure. and investors don't have to be along for the ride in a spac that is really tough right now >>> let's move on to uniated airlines which is soaring. carrier forecast stronger than expected earnings and issues a boeing will not caus significant losses your take on ual >> ual is a buy even though it is the best performer in the s & p today, up 16%, just a fe moments ago. you pointed out the forwar guidance they are guiding full year eps to be between $9 and $11 a share. the mid point of that is above consensus estim
. >>> up next, shares of j.b hunt under pressure after the trucking firm missed estimates for the firste to weaker demand this is an ugly stock char here scott, what's your trade >> unfortunately, j.b. hunt is sell they were tagged with travellers as the worst name in the s & p for the day. they are at a 1.52 versus 1.80 estimate and 1.89 a year ago rates received have collapse for trucking companies, down 2.5% year to date. so rev now is falling as diese prices increase by...
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Apr 17, 2024
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that is exactly what those j.b. hunt earnings are telling you. whole lot. i hope someone is paying attention. i'm glad you are. that you take the time to explain this stuff to us. danielle, thank you very much. >> thank you, charles. charles: folks, where do you go to invest when inflation is accelerating? everyone kind of agrees that is happening. very few tell you how to take advantage of it. dan suzuki, bernstein fame. he has some ideas that you want to happy right after this. ♪ it's odd how in an instant things can transform. slipping out of balance into freefall. (the stock market is now down 23%). this is happening people. where there are so few certainties... (laughing) look around you. you deserve to know. as we navigate a future unknown. i'm glad i found stability amidst it all. gold. standing the test of time. business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all cho
that is exactly what those j.b. hunt earnings are telling you. whole lot. i hope someone is paying attention. i'm glad you are. that you take the time to explain this stuff to us. danielle, thank you very much. >> thank you, charles. charles: folks, where do you go to invest when inflation is accelerating? everyone kind of agrees that is happening. very few tell you how to take advantage of it. dan suzuki, bernstein fame. he has some ideas that you want to happy right after this. ♪ it's...
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Apr 17, 2024
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but j.b. hunt swinging an even bigger wrecking ball at the s&p than the travelers. the trucking giant cratering to a 52-week low, falling 7.75% on ugly earnings it blamed on educed transport volumes as consumer spending shifts from buying goods to spending on services. we should mention tech is the worst performing sector on the s&p. you could attribute that in great part to autodesk, falling 5.6% due to an accounting practice which will delay its annual report file being. the chipmakers collectively a acting as a very big negative. the sox index falling 2.7% at the moment in large part to asml this is on pace for its largest percent decrease since june of 2022. we've got it down 7. this as the semiconduct orer -- this is the semiconductor equipment maker, reporting much weaker than anticipated first if quarter sales goals. let's see some green on the screen because there is some here. look at united airlines shares, moving higher by 16.75% driven by a quarterly report that sailed over lowered expectations as it overcomes boeing's jet delay woes. hey, look at a para
but j.b. hunt swinging an even bigger wrecking ball at the s&p than the travelers. the trucking giant cratering to a 52-week low, falling 7.75% on ugly earnings it blamed on educed transport volumes as consumer spending shifts from buying goods to spending on services. we should mention tech is the worst performing sector on the s&p. you could attribute that in great part to autodesk, falling 5.6% due to an accounting practice which will delay its annual report file being. the...
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hunt spoke to this, as well. the fact they're the big trucking and logistics company.fferent in different categories. they cited, for instance, furniture as a soft spot which we know and have seen that in the inflation data. demand is overall for big and bulky products remains mixed, soft demand in furniture and stable demand in appliances and exercise equipment. overall we are modestly encouraged by our pipeline and we continue to see new brands with our team. the weak spot is pricing and that's what hurt recent earnings and have seen it with shipping prices. >> meantime, what this all means for the stock market remains an open question. bob diamond is here from atlas merchant capital and joins us for a discussion. welcome back. sara is right. it is lumpy but if you go 30,000 feet can you make broad calls about where the economy is and where it's going right now? >> the economy feels very good right now in the u.s. i think it's much to the surprise of everyone around the world looking at the u.s. that it was a year ago that svb hit, you know, deposits were guaranteed.
hunt spoke to this, as well. the fact they're the big trucking and logistics company.fferent in different categories. they cited, for instance, furniture as a soft spot which we know and have seen that in the inflation data. demand is overall for big and bulky products remains mixed, soft demand in furniture and stable demand in appliances and exercise equipment. overall we are modestly encouraged by our pipeline and we continue to see new brands with our team. the weak spot is pricing and...
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Apr 18, 2024
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j.b.o logic, with a disappointing number and carmax. maybe things more balanced and march was bad. >> brown chutes between them and apple belt and road, you are on fire this week putting themes into short phrases. >> just a second i just got my top for "mad money. i will be back, of course, tonight. >> safe travels. see you soon when we return the ceo of csx on ony.atn d e flioanth ecom hinrichs. >>> good thursday morning. welcome to another hour of "squawk on the street. i'm sara eisen with carl quintanilla and david faber, live as always from post nine of the new york stock exchange. take a look at stocks. we've had four days of losses. we started strong, though, before in the week the nasdaq is down for the day 0.2% the s&p also barely positive and the dow up almost 200 points take be a look at treasuries right now. firmer economic data has led to more selling in treasuries with yields elevated. the 10-year note yield 4.629 the 2-year under 5%. we're 30 minutes into the trading session,
j.b.o logic, with a disappointing number and carmax. maybe things more balanced and march was bad. >> brown chutes between them and apple belt and road, you are on fire this week putting themes into short phrases. >> just a second i just got my top for "mad money. i will be back, of course, tonight. >> safe travels. see you soon when we return the ceo of csx on ony.atn d e flioanth ecom hinrichs. >>> good thursday morning. welcome to another hour of "squawk...