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Oct 21, 2024
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our brian sullivan is in pennsylvania taking a closer look at one county that could play a pivotal role you hear the term battleground states or swing states all the time. it is swing or battleground counts or cities. coming up after the break, we are live and we will introduce you to one othf e most important places in america and all economic stats that may ultimately turn the election. that is next right here on "worldwide exchange." it's time to simplify. waystar's technology is the way to make healthcare payments more human. the way for providers to prioritize care and improve margins. the way for patients to have clarity and trust. the way to care for healthcare payments. waystar. the way forward. at ameriprise financial our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely t
our brian sullivan is in pennsylvania taking a closer look at one county that could play a pivotal role you hear the term battleground states or swing states all the time. it is swing or battleground counts or cities. coming up after the break, we are live and we will introduce you to one othf e most important places in america and all economic stats that may ultimately turn the election. that is next right here on "worldwide exchange." it's time to simplify. waystar's technology is...
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Oct 25, 2024
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one more state to go brian sullivan is in ckanosha county, wisconsin. >> reporter: frank, this is a bitrent. battleground county and city and state. different from the previous stops from erie and grand r rapids unlike those county that flipped, this one went for donald trump in 2016 and 2020. trump is the first gop candidate to win the county since richard nixon in 1972. maybe not quite as prosperous as kent county. both candidates spending a lot of time and money here we are seeing signs, mostly billboards all over the place. one thing we've learned in the on the ground reporting which is not something i thought about coming in and we heard about it in erie and grand rapids, one small business owner said regardless of who wins, he believes the election itself is hurting his sales. listen. >> totally you can feel it. even my sales reps have come in and mentioned to me sales are down, but we can track and see that they're starting to pick up as he is telling me that, we started to pick up a little bit and then it just stopped like we hit a brick wall >> reporter: frank, he is saying the
one more state to go brian sullivan is in ckanosha county, wisconsin. >> reporter: frank, this is a bitrent. battleground county and city and state. different from the previous stops from erie and grand r rapids unlike those county that flipped, this one went for donald trump in 2016 and 2020. trump is the first gop candidate to win the county since richard nixon in 1972. maybe not quite as prosperous as kent county. both candidates spending a lot of time and money here we are seeing...
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Oct 22, 2024
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kicking off your money and your road trip in erie where brian sullivan filed this report >> reporter:f you are wondering why we are in a warehouse in erie, erie is the most important city in the election not so with erie, pennsylvania, which is up against one of the great lakes also known as lake erie erie has the uncanny ability to predict or vote for the eventual winner of the presidential election going back to 1980, erie has not only voted with the winner one time in 1988, they voted for george bush, barack obama and trump and then biden and all eyes are on this and a couple of other what they call swing counties in the united states. we're in this warehouse because this is a city and reamlly is area in transformation from the old manufacturing center to one that hopes to rebuild. we spoke with local woodworker armondo reyes and he spoke about the economic transformation here >> we had the mills and the typical rustbelt industries and now it had to pivot. small businesses are coming in and filling up the empty warehouses new restaurants and tech businesses anything that we can sor
kicking off your money and your road trip in erie where brian sullivan filed this report >> reporter:f you are wondering why we are in a warehouse in erie, erie is the most important city in the election not so with erie, pennsylvania, which is up against one of the great lakes also known as lake erie erie has the uncanny ability to predict or vote for the eventual winner of the presidential election going back to 1980, erie has not only voted with the winner one time in 1988, they voted...
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Oct 21, 2024
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the road trip kicks off in erie county, pennsylvania, where we find brian sullivan. wednesday, carl, we'll be near your original hometown, up there in sort of central michigan. for today we are in erie, pennsylvania, one of the most important swing cities. forget about battleground states. obviously, listen, energy, the world i talk about, that's critical to pennsylvania. there are 981 different companies that are energy-related in this state. about 273,000 jobs. and 11 companies energy-specific to erie. you hear about the candidates talk about fracing, about this lng pause on new export terminals. some of those jobs may flow back here in a town that could use a nudge, let's call this. so, we look at unemployment, right? erie's unemployment rate is very good, actually. it's a little bit higher than certain other parts of the country might be. but it's lower than it was just before covid hit in december of 2019. erie county had a 4.5% unemployment rate. of course, it spiked during covid. it's now below that. it's at 4.3%. some of that change coming from a city that is
the road trip kicks off in erie county, pennsylvania, where we find brian sullivan. wednesday, carl, we'll be near your original hometown, up there in sort of central michigan. for today we are in erie, pennsylvania, one of the most important swing cities. forget about battleground states. obviously, listen, energy, the world i talk about, that's critical to pennsylvania. there are 981 different companies that are energy-related in this state. about 273,000 jobs. and 11 companies...
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Oct 25, 2024
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brian sullivan is there with a look with what impact, if any, the ads are aving. brian?reporter: i feel like we're on the election driving range, because steve's excellent report just teed it up on so many things number one, tariffs. you talk about tariffs, you talk to a steelmaker here outside of the city limits, he makes steel roofs. he cares about tariffs he told us which way he's going to vote. i don't want to say it, but he's worried about tariffs. i'm giving you a hint, he would like to see those tariffs go off, but he needs more clarity from kamala harris, what is her tariff policy? biden continuing the trump policy he would like to see those rolled off number two, media spend. okay, 3.5 times more spending last quarter for kamala harris than donald trump. she raised a billion dollars in the third quarter. i can tell you on the ground, in our hotel, every single commercial break, some kind of political ad you get text messages. people talk about stuff in their mailbox. of course, all the billboards that we eyeball from grand rapids to kenosha in michigan, every si
brian sullivan is there with a look with what impact, if any, the ads are aving. brian?reporter: i feel like we're on the election driving range, because steve's excellent report just teed it up on so many things number one, tariffs. you talk about tariffs, you talk to a steelmaker here outside of the city limits, he makes steel roofs. he cares about tariffs he told us which way he's going to vote. i don't want to say it, but he's worried about tariffs. i'm giving you a hint, he would like to...
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Oct 4, 2024
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alongside brian sullivan i'm kelly evans. welcome. workers are a force to be reckoned with. reaching a temporary verdict but the strike highlighting the heightened tensions within america's workforce. they got what they were looking for in round one but this ain't over yet they kicked it down the road about thre
alongside brian sullivan i'm kelly evans. welcome. workers are a force to be reckoned with. reaching a temporary verdict but the strike highlighting the heightened tensions within america's workforce. they got what they were looking for in round one but this ain't over yet they kicked it down the road about thre
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Oct 10, 2024
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thank you very much, brian sullivan.floridians begin to assess the impact of hurricane milton, the recovery efforts from hurricane helene continue. swaths of north kale ccarolina still inaccessible and the only two high purity quartz mine, the only two in the world were in helene's path of destruction. joining us now for an update on recovery efforts is the ceo one of them. sibelco's hilmar hoda. i know there's crazy news out there. is there anything you can share about the production and the supply? >> good afternoon, kelly. i'm glad to be here with you today from charlotte. why, indeed, we do have good news to share. i am very pleased to announce that sibelco has started mining in the quartz operations, and that also includes the restart of shipments to customers. >> you have, as of today? >> yes, as of today. >> mining processing and shipments to customers. we are very pleased to have achieved that and since the hurricane struck on the 26th of september and we owe a huge deal of gratitude to our employees, who are, th
thank you very much, brian sullivan.floridians begin to assess the impact of hurricane milton, the recovery efforts from hurricane helene continue. swaths of north kale ccarolina still inaccessible and the only two high purity quartz mine, the only two in the world were in helene's path of destruction. joining us now for an update on recovery efforts is the ceo one of them. sibelco's hilmar hoda. i know there's crazy news out there. is there anything you can share about the production and the...
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Oct 19, 2024
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we are also very honored to have my very dear friend brian sullivan monitoring the conversation -- moderating the conversation. he previously hosted as anchor of cnbc's last call worldwide exchange and power lunch and has been nominated. before i turn it over to you, a couple of housekeeping points. this event is public and on the record. towards the end of the moderated conversation we will take some questions from the audience. for those joining us virtually and in person, please submit your questions displayed on the screen now and do not forget to include your name and affiliation. thank you for joining us. over to you. brian: i must thank you for mentioning me because fred left me out. [laughter] it was like senator thank you. it's an honor to be here. fantastic person, thank you so much. let's talk right in. president biden was supposed to be i believe in angola but he did not rightly so because hurricane milton and disaster relief. what's so fascinating, vice president biden going to angola. but what would be the urgency of that trip. if you know what angola has from a critical mineral
we are also very honored to have my very dear friend brian sullivan monitoring the conversation -- moderating the conversation. he previously hosted as anchor of cnbc's last call worldwide exchange and power lunch and has been nominated. before i turn it over to you, a couple of housekeeping points. this event is public and on the record. towards the end of the moderated conversation we will take some questions from the audience. for those joining us virtually and in person, please submit your...
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Oct 25, 2024
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let's get to the one battleground state of the day we're talking about, wisconsin brian sullivan, as ey, your vote road trip >> yeah, 700 miles in a chrysler pacific mini-van later, we are here in kenosha, wisconsin i appreciate that nice tease and intro from steve liesman, because, yes, we are going to talk about tariffs we got here yesterday afternoon, ran around and met some businesspeople we talk about the economic issues that may sway voters. that's what we do on cnbc. by the way, early voting is pretty busy here in kenosha. we are meeting with ken moore, they make metal sheeting or warehouses and retail roofs. he's a big buyer of steel. most of it is domestic steel, some is imported steel tariffs are a critical issue to ken and some of his 70 plus employees. you can see the big rolls there. so we talked about the tariffs, and even though he buys more domestically, he's still seeing his prices go up he's not a fanof the trump, i guess trump/biden, to steve's points, tariffs, but he also wants more clarity from the harris campaign on what they might do with those same tariffs. lis
let's get to the one battleground state of the day we're talking about, wisconsin brian sullivan, as ey, your vote road trip >> yeah, 700 miles in a chrysler pacific mini-van later, we are here in kenosha, wisconsin i appreciate that nice tease and intro from steve liesman, because, yes, we are going to talk about tariffs we got here yesterday afternoon, ran around and met some businesspeople we talk about the economic issues that may sway voters. that's what we do on cnbc. by the way,...
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Oct 14, 2024
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we want to bring in brian sullivan now who joins us with the latest. what do you think, brian? was just in d.c. last week talking to some high-level officials about this topic. nbc news reporting last night israel may have narrowed down its targets inside of iran. we reported back on this on october 1st. i want to be delicate in my reporting because it's not clear what, if anything could happen. nothing could occur. israel could not strike inside of iran. that said, let's take a look at what could be at least on the oil and gas side possible targets. i laid out what i believe based on research and talking to people, would be the top four oil and gas potential targets. abu dan, mash shah har export part, khark, and kis shshgs island. khark is the loading point for oil, island, where most of the tankers fill up. i bodo not believe that would be a target. it would be an environmental catastrophe and not only knock out their ability to load ships, but the environmental aspect and probably spike oil prices that is something that the administration goes without saying would be hoping
we want to bring in brian sullivan now who joins us with the latest. what do you think, brian? was just in d.c. last week talking to some high-level officials about this topic. nbc news reporting last night israel may have narrowed down its targets inside of iran. we reported back on this on october 1st. i want to be delicate in my reporting because it's not clear what, if anything could happen. nothing could occur. israel could not strike inside of iran. that said, let's take a look at what...
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Oct 23, 2024
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our brian sullivan is live in east grand rapids, michigan, with more. good morning, sara and team listen, it's kind of these neighborhoods that are going to turn the whole thing we were in erie on monday. now we're in grand rapids. actually, east grand rapids. kind of a nice suburban areas. it might be the suburbs that determine things given the market moves and what some guests have said today, have you to look at some of these polls. if you look at the polls we picked up, whether it's quinnipiac or the arrp poll, they're showing a slight lead for the former president that has set off some alarm bells. nbc news with an article yesterday called, are there cracks forming in the blue wall, michigan, pennsylvania and wisconsin. they tend to often go together what do we do when we get inside of a county like kent county, where we are as we talked about earlier, there are a couple of types of rings. here in more of an affluent or downtown, mostly for harris. the middle suburban ring, purple, 50-50 and the rural side of the county, that's opposite and be a lot
our brian sullivan is live in east grand rapids, michigan, with more. good morning, sara and team listen, it's kind of these neighborhoods that are going to turn the whole thing we were in erie on monday. now we're in grand rapids. actually, east grand rapids. kind of a nice suburban areas. it might be the suburbs that determine things given the market moves and what some guests have said today, have you to look at some of these polls. if you look at the polls we picked up, whether it's...
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Oct 30, 2024
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we'll have live coverage from the overnight hours midnight to 5:00 a.m., me, brian sullivan and contessaooking at the asian and european action. and then "squawk box" picked up that coverage at 5:00 a.m. eastern. it's getting an early start. full night of election day coverage. next day, "squawk box" has the highlights and reaction as well. >>> coming up on "worldwide exchange," one week that will likely have an impact on your portfolio, including a fed decision, torsten slok is going to weigh in next. >>> also, we're looking at shares of d.r. horton, they're coming off the biggest daily drop in nearly a year afte rtg weak demand and buyer affordability concern.moving, b dropoff after that. we'll be right back after that with "worldwide exchange." your business needs a network it can count on... even during the unexpected. power's out! -power's out! comcast business has you covered, with wifi backup to help keep you up and running. wifi's up. let's power on! let's power on! -let's power on! it's from the company with 99.9% network reliability. let's power on! power on with the leader in
we'll have live coverage from the overnight hours midnight to 5:00 a.m., me, brian sullivan and contessaooking at the asian and european action. and then "squawk box" picked up that coverage at 5:00 a.m. eastern. it's getting an early start. full night of election day coverage. next day, "squawk box" has the highlights and reaction as well. >>> coming up on "worldwide exchange," one week that will likely have an impact on your portfolio, including a fed...
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Oct 3, 2024
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alongside brian sullivan, i'm kelly evans. welcome back the port does remain in the midst of a storm the strike is going on a third day. you have sugar, cocoa, coffee, and key components for ev makers like tesla that company is getting hit on two fronts today the strike as well as tariffs on parts sourced from china, making some sales adjustments as a result. >> drove by the port of newark, new jersey, today. >> on purpose or as part of your drive? >> to get here. >> okay. >> it's so bizarre to see nothing going on at the ports, nada, zip, nothing. >> shoppers are starting to hoard products, having flashbacks to covid. >> a very wise person told me yesterday, no need to go out and bum rush toilet paper. we're going to be. >> that's what i was saying. same with paper towel. >>> electric car charger, ev go, it's up 60% today. a stock upgrade from jpmorgan chase. the eo will join us later in the hour. >> and hims and hers, it's up. but it does not get the edge it would enjoy. >> something else we've got our collective eye on, tra
alongside brian sullivan, i'm kelly evans. welcome back the port does remain in the midst of a storm the strike is going on a third day. you have sugar, cocoa, coffee, and key components for ev makers like tesla that company is getting hit on two fronts today the strike as well as tariffs on parts sourced from china, making some sales adjustments as a result. >> drove by the port of newark, new jersey, today. >> on purpose or as part of your drive? >> to get here. >>...
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Oct 2, 2024
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i am brian sullivan, in for tyler today. i'm joined by kelly evans who hosts every day, so no surprise. >>> some internal moves with your money today. what are they, kelly? >> let's start with nike. it's the biggest drag on the dow after either earnings, revenue was weaker than expected. and it withdrew forward guidance. the new ceo has not taken the helm yet, but has a big cleanup job ahead of hem. >>> unitedhealth with a medicare problem at one of the big own 13%. there's your hint. >>> oil is interesting skirmish is what's going on with they comments from saudi, what opec is now denying, whether oil is going to see a bearish potential downward to the $50 price level, or as we heard the last hour, say these are pure rumors, maybe we'll start to see the oil price higher. >> did you see the show rundown? that's where we're going to lead the show. i think it's an appropriate place to lead it. you are right. this is like "days of our live" opec version. >> it's always a soap opera. >> all right. so let's start there. the real
i am brian sullivan, in for tyler today. i'm joined by kelly evans who hosts every day, so no surprise. >>> some internal moves with your money today. what are they, kelly? >> let's start with nike. it's the biggest drag on the dow after either earnings, revenue was weaker than expected. and it withdrew forward guidance. the new ceo has not taken the helm yet, but has a big cleanup job ahead of hem. >>> unitedhealth with a medicare problem at one of the big own 13%....
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Oct 31, 2024
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eastern from the new york stock exchange, i'll be here with brian sullivan holding down the fort, plussian, european markets, and then "squawk box" starts at 5:00 a.m. and you can always hear us on our podcast, wherever you go. we will be right back. >>> we have lots of other key earnings to highlight. it's time for today's "power check." peloton says it expects a softer holiday quarter than expected. the stock is having a comeback this year. also announcing a new ceo, up 25% on the day. robinhood dropping, missing expectations, the company saying it was hurt by marketing promotions to attract new customers. it's down by 15%. >>> international paper climbing after at earnings beat hitting the higher left since october 21 paycom having it's best day -- like me, my best day ever, better than expected revenue. they did lower revenue expectations. >> a company i cover closely, allstate beating on earnings. it had some losses from recent hurricanes and other third quarter catastrophes, overall-revenue and income improving. on the auto insurance front, the company has made headlines, the com
eastern from the new york stock exchange, i'll be here with brian sullivan holding down the fort, plussian, european markets, and then "squawk box" starts at 5:00 a.m. and you can always hear us on our podcast, wherever you go. we will be right back. >>> we have lots of other key earnings to highlight. it's time for today's "power check." peloton says it expects a softer holiday quarter than expected. the stock is having a comeback this year. also announcing a new...
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let's check in with brian sullivan.s headlines regarding opec and the saudis. >> or maybe why oil is not actually lower, you know, that "wall street journal" article we'll get to in a second. i have a fax coming in. unbelievable. yes, they still exist. here is the thing. let's talk first about why oil prices are not higher. i think it's pretty obvious, they're up 3% to $72. that's pretty obvious. why aren't they at 80 bucks given all the tensions we are seeing in the middle east? let's talk about it. number one, you've got a couple million spare barrels of capacity that the saudis are sitting on, basically opec could release if we see a description to iran. u.s. oil production, as you've noted many times, is at record high, 13.2 million barrels a day as well. and the most important thing is we have not seen a major reaction from israel. yes, they attacked hezbollah sites in beruit, lebanon, overnight, but we have not seen a big response by israel directly at iran, either at their oil ports or the nuclear facilities. tho
let's check in with brian sullivan.s headlines regarding opec and the saudis. >> or maybe why oil is not actually lower, you know, that "wall street journal" article we'll get to in a second. i have a fax coming in. unbelievable. yes, they still exist. here is the thing. let's talk first about why oil prices are not higher. i think it's pretty obvious, they're up 3% to $72. that's pretty obvious. why aren't they at 80 bucks given all the tensions we are seeing in the middle...
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Oct 23, 2024
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brian sullivan has left erie, pennsylvania, atrophy to kent county, michigan that flipped back to bidaner voting for donald trump in 2016 and has companies there like amway and steel way. good to see you, brian. >> i know you know that road, frank from erie to 93 and across -- >> i do. >> you were in holland, michigan, recently let's talk about michigan and go to 2016, first and show you the map how it turned out for donald trump. donald trump took the mamting of the -- mantle of the counties and popular vote and you can see in 2016 around the detroit suburbs there was a lot of blue. one up in the u.p. marquette county in the upper peninsula. the little dot grand rapids was red in 2016 and flip it to 2020. joe biden taking the state back from donald trump and notice where we are, grand rapids, which is kent county, has now gone blue. you got three counties that went blue this one, kent the other one we circled saga now county, michigan, then lee lend county. trump barely winning in 2016 county of 657,000 people, that is a tyiny margin who are those of kent county that will determine thi
brian sullivan has left erie, pennsylvania, atrophy to kent county, michigan that flipped back to bidaner voting for donald trump in 2016 and has companies there like amway and steel way. good to see you, brian. >> i know you know that road, frank from erie to 93 and across -- >> i do. >> you were in holland, michigan, recently let's talk about michigan and go to 2016, first and show you the map how it turned out for donald trump. donald trump took the mamting of the -- mantle...
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Oct 15, 2024
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i'm brian sullivan, in for kelly evans today. here's what's ahead. is down, even with the threat of an israel attack on iran. we'll tell you what changed overnight, and where oil may be headed. and this stock, and the sector it belongs to, not typically considered a growth trade, but your market guest says, should be. she's here to make the case and why you may want to own it from here. >>> flying, shipping, and storing. that is the theme for today's earnings exchange. we have the trade and the print on united airlines. all that ahead. but as always, let's begin with your markets and dom chu with the numbers. >> we're fractionally negative across the board, but not without earlier in the day, setting a record high. we have rarified air that was hit early on for the dow industrials, so i'll put a star up there. a record level there. the dow at 42,937, off about 1/3 of 1% declines. a similar decline for the s&p 500, which is down about 23 points. at the lows of the session, we were down 28. we were up 11 points a t the high. so, again, drifting towards
i'm brian sullivan, in for kelly evans today. here's what's ahead. is down, even with the threat of an israel attack on iran. we'll tell you what changed overnight, and where oil may be headed. and this stock, and the sector it belongs to, not typically considered a growth trade, but your market guest says, should be. she's here to make the case and why you may want to own it from here. >>> flying, shipping, and storing. that is the theme for today's earnings exchange. we have the...
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Oct 3, 2024
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alongside brian sullivan, i'm kelly evans.n in the midst of a storm the strike is going on a third
alongside brian sullivan, i'm kelly evans.n in the midst of a storm the strike is going on a third
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Oct 4, 2024
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alongside brian sullivan i'm kelly evans. welcome. workers are a force to be reckoned with. the port strikers reaching a temporary verdict but the strike highlighting the heightened tensions within america's workforce. they got what they were looking for in round one but this ain't over yet they kicked it down the road about three months' time room to negotiate for more and if the labor market holds the way it is doing today they will have more leverage. >> ain't over. spirit airlines, though, new reports, spirit airlines may be filing for bankruptcy. the company having a hard landing right now, losing nearly a third of its value could this have been prevented if the feds hat nod scuttled the jetblue merger and will this end up for higher fares for you. >> another decliner in the market because spirit is down 27%, rivian down big as well the ev maker slashing production forecasts, missing q3 delivery expectations the shares are down -- they were down 8%, down about $4.5. >> we've been talking about this, a show called last call and evs, and i talked a lot of grief because i
alongside brian sullivan i'm kelly evans. welcome. workers are a force to be reckoned with. the port strikers reaching a temporary verdict but the strike highlighting the heightened tensions within america's workforce. they got what they were looking for in round one but this ain't over yet they kicked it down the road about three months' time room to negotiate for more and if the labor market holds the way it is doing today they will have more leverage. >> ain't over. spirit airlines,...
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Oct 1, 2024
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. >> to brian sullivan for a look at the energy sector as tensions rise in the middle east and oil is probably off of its biggest spike of the day, brian. bring us up to date on exactly what is happening. >> i think it goes to exactly what you and chris were talking about because the port strike probably could not have happened at a better time, at least vis-a-vis oil and gas prices. you think about the fact that 25% of all oil is used for transport. heavy trucks, trains, diesel fuel, et cetera. any slight slowdown in that might take that marginal pressure off of oil demand in the united states. so, bizarrely, the timing of the port strike may actually be very good given what has gone on in the middle east. to your point, oil is up 3%. $70 a barrel. off its highs of the day given everything we're watching in israel and all the missile attacks there. here's the point. i think, scott, if this was eight or nine years ago, ten years ago, oil would be up ten bucks a barrel. because the u.s. is at 13.2 million barrels a day, not 8 million barrels a day, this increased u.s. production, incre
. >> to brian sullivan for a look at the energy sector as tensions rise in the middle east and oil is probably off of its biggest spike of the day, brian. bring us up to date on exactly what is happening. >> i think it goes to exactly what you and chris were talking about because the port strike probably could not have happened at a better time, at least vis-a-vis oil and gas prices. you think about the fact that 25% of all oil is used for transport. heavy trucks, trains, diesel...
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let's bring in brian sullivan and helene mccroft. ee about a 5% pop at the moment, brian. >> yeah, i'm really eager to hear what helene has to say about the geopolitics, because she's one of my go-to sources. this is the biggest oil move in just about a year's time. we're up about 5.5%. 4.5% now. as i said earlier on "money movers," i think that oil could have been up 10% or 15% had the u.s. not been in record oil production. if we were 8 or 9 million barrels a day, not 13.2 million like now, this type of fear and tension, this type of attack would have had a far out-sized move on the price of oil. but because iran is about 3% of daily production, about 12% of opec's daily production, and the u.s. is doing 13.2 million a day, kelly, i think that has mitigated -- we're not at 80, we're at 70. given what we're seeing in terms of the missile attacks, a little surprising. but the u.s. production muting that. this is where helene knows more than i do, which is 20% of the world's oil flows through the strait of hormuz. iran sometimes drops
let's bring in brian sullivan and helene mccroft. ee about a 5% pop at the moment, brian. >> yeah, i'm really eager to hear what helene has to say about the geopolitics, because she's one of my go-to sources. this is the biggest oil move in just about a year's time. we're up about 5.5%. 4.5% now. as i said earlier on "money movers," i think that oil could have been up 10% or 15% had the u.s. not been in record oil production. if we were 8 or 9 million barrels a day, not 13.2...
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Oct 21, 2024
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kicking off in the keystone state itself with brian sullivan looking at one city undergoing economicthat could determine how change happens in the white house. eamon javers has details on elon musk's bold and is it legally dubious sweepstakes for pennsylvania voters, and we will explain what it means for your money. brian, kick things off what's the buzz on the ground? >> reporter: you're probably going to wonder why we're in this giant, abandoned warehouse, i'll get to that in a moment we're in erie, pennsylvania. there are actually swing counties, battleground cities. this may be one of the crucial ones in one of the most crucial states, pennsylvania erie, pennsylvania why do we say that it's not our opinion proof is in the pudding, or proof is in the voting going back to 1980, erie and erie county have correctly elected -- correctly predicted and voted with the winner of the election every time except for one. that was 1988. they went -- they were bush, then obama, then they went trump and then they went back to biden. the question, of course, is what happens in 15 days i'll get t
kicking off in the keystone state itself with brian sullivan looking at one city undergoing economicthat could determine how change happens in the white house. eamon javers has details on elon musk's bold and is it legally dubious sweepstakes for pennsylvania voters, and we will explain what it means for your money. brian, kick things off what's the buzz on the ground? >> reporter: you're probably going to wonder why we're in this giant, abandoned warehouse, i'll get to that in a moment...
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Oct 1, 2024
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also as brian sullivan pointed out u.s. production is now 13.3 million barrels per day. would be a price response. also to john's point, saudi arabia and iran normalized relations march of 2023. it's not in iran's interest to target to have a wider regional conflict or do something as extreme as closing the strait of hormuz, more than 80% of their exports come from petroleum product. in their best interest to keep the petroleum throwing. they had to do something to save face but they don't want this to escalate. >> john, last word to you. >> look, beyond the situation the middle east, we were down overnight big. manufacturing pmis for europe is a basket case. i'm highly skeptical of the efforts of china to try to revief their economy. that's been a big problem for this market. we got big problems for this oil market on the demand side. i don't see them curing themselves any time soon. the path is lower. the speculative position is hugely to the short side. i'm starting to think for good reason other than just to swing trade. i think we're heading back lower. >> great poi
also as brian sullivan pointed out u.s. production is now 13.3 million barrels per day. would be a price response. also to john's point, saudi arabia and iran normalized relations march of 2023. it's not in iran's interest to target to have a wider regional conflict or do something as extreme as closing the strait of hormuz, more than 80% of their exports come from petroleum product. in their best interest to keep the petroleum throwing. they had to do something to save face but they don't want...
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Oct 10, 2024
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brian sullivan, thank you. a lot of theories about that one out there. we got university -- university -- we've got michigan consumer confidence tomorrow, we got bank earnings tomorrow, and a market that finished fra fractionally lower today. >> got to tune in for sure. a lot of smaller tech stocks that did pretty darn well. >> all right that does it for us here at "overtime." >> "fast money" starts now. >> john and morgan, thank you very much. live from the nasdaq site in the heart of new york city's times square, this is "fast money." here's what's on tap tonight. i'm melissa lee, coming to you q-3 earnings kick into high gear tomorrow with banks releasing their results. what can we expect from the financials, and from the rest of the market? >>> and, rates are on the rise. yields on the ten-year hitting their highest since the end of july, after this morning's cpi report. the inflation and fed implications, coming up. >>> plus, big action in the options on nvidia. the chart master says it's time to buy uber. the state of the commercial real estate mar
brian sullivan, thank you. a lot of theories about that one out there. we got university -- university -- we've got michigan consumer confidence tomorrow, we got bank earnings tomorrow, and a market that finished fra fractionally lower today. >> got to tune in for sure. a lot of smaller tech stocks that did pretty darn well. >> all right that does it for us here at "overtime." >> "fast money" starts now. >> john and morgan, thank you very much. live...
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Oct 16, 2024
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i'm not melissa, i'm brian sullivan, thank you for joining us here on "fast money." as always, live from studio b at the nasdaq. and on your desk tonight, tim seymour, karen finerman, carter braxton worth, and julie biel. welcome, everybody. >> welcome, brian. >> thank you. good to have you. >> i missed you all. >> all right, we begin with some signs that the market rally may still have legs, even after 46 record closing highs for the s&p 500 this year. the s&p 500 up half a percent today. the dow gained over 300 points, and, yes, when you're at a record high, tim, and you go a little higher, what do you get? >> a new record high? >> you did go to georgetown. >> i mean, once in awhile, a squirrel finds a nut. >> the small cap russell 2,000 index up 1.6%. and today, it was not tech leading the way. banks opping. some of the sessions biggest winners, the kbe bank etf up more than a percent, led by morgan stanley. morgan stanley soaring 6.5% to an all-time high. they had their earnings surge in dealmaking and trading activity, as investment banking revenues soaring more
i'm not melissa, i'm brian sullivan, thank you for joining us here on "fast money." as always, live from studio b at the nasdaq. and on your desk tonight, tim seymour, karen finerman, carter braxton worth, and julie biel. welcome, everybody. >> welcome, brian. >> thank you. good to have you. >> i missed you all. >> all right, we begin with some signs that the market rally may still have legs, even after 46 record closing highs for the s&p 500 this year. the...
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Oct 31, 2024
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i'm brian sullivan, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. all right. we do not have to look hard for a lead to tonight's show. it is the -- if we couldn't figure this one out, folks, we should quit. it is the massive amount of earnings rolling out right now. apple, amazon, intel, and more, all in focus and, as always, we've got full team coverage lined up for you, i ceci ma moddy looking very nervous in the lower left-hand corner. you can smile, seema. steve kovach dialed into apple's kael, seema mody has the details on intel, but we'll begin with kate rooney, who has all the headlines from amazon. hi, kate. what were the big takeaways on a stock that is moving up 8% right now? >> yeah, sully, so, the beat in the quarter for amazon really proved that andy jassy is able to turn a strong profit while still investing in growth. that is the big takeaway. margin expansion really the story here and cloud growth, helping the stock afterhours. you can see up more than 3%
i'm brian sullivan, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. all right. we do not have to look hard for a lead to tonight's show. it is the -- if we couldn't figure this one out, folks, we should quit. it is the massive amount of earnings rolling out right now. apple, amazon, intel, and more, all in focus and, as always, we've got full team coverage lined up for you, i ceci ma moddy looking very nervous in the...
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Oct 25, 2024
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brian sullivan is wrapping the week up in wisconsin, arriving yesterday and speaking with some small e joins us right now live from kenosha county in wisconsin. brian, good morning. >> reporter: i bought toothpaste at a quicktrip gas station yesterday. i have no idea what brand it is, guys good morning from kenosha. i can tell you right now, they're just waiting for this thing to be over let's go into kenosha county, wisconsin, this is a little bit different than our previous two stops of erie and grand rapids because kenosha, is it a battleground county? yes. unlike the previous two, which flipped in '16 and flipped in '20, kenosha has gone the last two elections for donald trump in 2016, the first gop winner of the county since 1972 by about 238 votes. so, we're here, because not only is it fairly large, but it is also a county that kamala harris hopes that they can win back it is a traditionally blue county economically, this is kind of in the middle erie, a little more economically depressed. very, very high poverty rate erie rooting for you little bit tough there here, not quite
brian sullivan is wrapping the week up in wisconsin, arriving yesterday and speaking with some small e joins us right now live from kenosha county in wisconsin. brian, good morning. >> reporter: i bought toothpaste at a quicktrip gas station yesterday. i have no idea what brand it is, guys good morning from kenosha. i can tell you right now, they're just waiting for this thing to be over let's go into kenosha county, wisconsin, this is a little bit different than our previous two stops of...
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Oct 21, 2024
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that's where we find brian sullivan. brian, why erie? >> why not to quote "animal house." important county in the most important state, andrew. erie county is amazing, tucked apart against lake er-ie. erie county has gone for every president since 1980. they swung huge back to trump in 2016 and then did another u-turn and went for biden in 2020. and the margins are raizor thin. the margin of victory in the votes was 1500 in 2020 and 2000 in 2016. it's literally a couple of people in this town, in this county that may help decide the entire state of pennsylvania. and if you win pennsylvania, it's not a guarantee, as you know. but the math certainly is helpful if you can pick up pennsylvania's 20 electoral votes. so let's talk about where we are, right? we'll separate the politics, focus more on the people and the economics. erie obviously is a city that's been in transition for a while. manufacturing, little more educational, little more healthcare now. let's take a look. so the unemployment rate pre-covid, december 2019, was 4.5%. covid spike, it's come back down. now it's
that's where we find brian sullivan. brian, why erie? >> why not to quote "animal house." important county in the most important state, andrew. erie county is amazing, tucked apart against lake er-ie. erie county has gone for every president since 1980. they swung huge back to trump in 2016 and then did another u-turn and went for biden in 2020. and the margins are raizor thin. the margin of victory in the votes was 1500 in 2020 and 2000 in 2016. it's literally a couple of...
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Oct 23, 2024
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brian sullivan is there.. >>> and then how mcdonald's management should handle the e. coli outbreak linked to its quarter pounder, but not as skeevy as if it was the meat it is the slivered onions, which is skeevy enough "squawk box" will be right back. >> announcer: time now for today's aflac trivia question. in which countries is coca-cola not sold the answer when "squawk box" returns. eople money for the expenses health insurance doesn't cover. aflac! health insurance does leave a gap. but aflac gives people money to help close that gap. aflac! oh! coach prime got one on the line too baby! uh huh! see that's how you hold up a trophy. trust me. get help with expenses health insurance doesn't cover. find an agent. get a quote at aflac.com. i hope you're hungry. i'm glad i brought my own dinner. uh huh. (♪♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by
brian sullivan is there.. >>> and then how mcdonald's management should handle the e. coli outbreak linked to its quarter pounder, but not as skeevy as if it was the meat it is the slivered onions, which is skeevy enough "squawk box" will be right back. >> announcer: time now for today's aflac trivia question. in which countries is coca-cola not sold the answer when "squawk box" returns. eople money for the expenses health insurance doesn't cover. aflac!...
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Oct 31, 2024
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i am actually brian sullivan and she's actually leslie picker.int. what does this say about the price of where prices are going? guest what, that is moments away. >>> the impact of the election. peter orszag is with us. his firm releasing results as well as the stock rallies 50% this year. we
i am actually brian sullivan and she's actually leslie picker.int. what does this say about the price of where prices are going? guest what, that is moments away. >>> the impact of the election. peter orszag is with us. his firm releasing results as well as the stock rallies 50% this year. we
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Oct 8, 2024
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and brian sullivan with cnbc a day. hezbollah open the door to negotiate a cease-fire with israel.ame after they illuminate the senior hezbollah official who was veteran leader . he was killed in an airstrike last month. >>> the largest regulated water utility and america revealed it was a victim of a cyber attack. the new jersey-based water 14 million customers says they noticed the unauthorized activity is thursday and it prompted a pause in building. the utility does not think operations were impacted. >>> is seems this may be unlucky. the cost of mega millions lottery ticket is set to double next year. officials a beginning in april, the cost of a mega millions ticket will pop to five bucks up from the current two dollars. officials believe gamblers will be okay with it because it could lead to larger payouts and improved odds. overall inflation is coming down, it appears that lottery inflation is not. if you win that powerball, david, you could buy a lot of chips and cheese for your household. >> sarah is the chips and cheese. >> i have a problem with the five dollar lottery t
and brian sullivan with cnbc a day. hezbollah open the door to negotiate a cease-fire with israel.ame after they illuminate the senior hezbollah official who was veteran leader . he was killed in an airstrike last month. >>> the largest regulated water utility and america revealed it was a victim of a cyber attack. the new jersey-based water 14 million customers says they noticed the unauthorized activity is thursday and it prompted a pause in building. the utility does not think...
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Oct 10, 2024
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we are also very honored to have my very dear friend brian sullivan monitoring the conversation -- moderating the conversation. he previously hosted as anchor of cnbc's last call worldwide exchange and power lunch and has been nominated. before i turn it over to you, a couple of housekeeping points. this event is public and on the record. towards the end of the moderated conversation we will take some questions from the audience. for those joining us virtually and in person, please submit your questions displayed on the screen now and do not forget to include your name and affiliation. thank you for joining us. over to you. brian: i must thank you for mentioning me because fred left me out. [laughter] it was like senator thank you. it's an honor to be here. fantastic person, thank you so much. let's talk right in. president biden was supposed to be i believe in angola but he did not rightly so because hurricane milton and disaster relief. what's so fascinating, vice president biden going to angola. but what would be the urgency of that trip. if you know what angola has from a critical mineral
we are also very honored to have my very dear friend brian sullivan monitoring the conversation -- moderating the conversation. he previously hosted as anchor of cnbc's last call worldwide exchange and power lunch and has been nominated. before i turn it over to you, a couple of housekeeping points. this event is public and on the record. towards the end of the moderated conversation we will take some questions from the audience. for those joining us virtually and in person, please submit your...
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Oct 13, 2024
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we are also very honored to have my very dear friend brian sullivan monitoring the conversation -- moderatingviously hosted as anchor of cnbc's last call worldwide exchange and power lunch and has been nominated. before i turn it over to you, a couple of housekeeping points. this event is public and on the record. towards the end of the moderated conversation we will take some questions from the audience. for those joining us virtually and in person, please submit your questions displayed on the screen now and do not forget to include your name and affiliation. thank you for joining us. over to you. brian: i must thank you for mentioning me because fred left me out. [laughter] it was like senator thank you. it's an honor to be here. fantastic person, thank you so much. let's talk right in. president biden was supposed to be i believe in angola but he did not rightly so because hurricane milton and disaster relief. what's so fascinating, vice president biden going to angola. but what would be the urgency of that trip. if you know what angola has from a critical mineral perspective that all the
we are also very honored to have my very dear friend brian sullivan monitoring the conversation -- moderatingviously hosted as anchor of cnbc's last call worldwide exchange and power lunch and has been nominated. before i turn it over to you, a couple of housekeeping points. this event is public and on the record. towards the end of the moderated conversation we will take some questions from the audience. for those joining us virtually and in person, please submit your questions displayed on...