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Jun 22, 2021
06/21
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CNBC
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scott wein, ceo of cnh industrial great to see you again, scott.you >> thanks, jim >>> guys, i don't know the scott does trade it trades very actively here what can i say, nikola, people will buy it big. we'll have more after the break. >> announcer: next, cramer is bringing the thunder and answering your burning questions in today's edition of "the lightning round. ok, at at&t everyone gets our best deals on all smartphones. let me break it down. you got your new customers — they get our best deals. you got your existing customers — they also get our best deals. everyone. gets. the deals. questions? got it. but, why did you use a permanent marker? because i want to make sure you remember. i am going to get a new whiteboard. it's not complicated. only at&t gives everyone our best deals on every smartphone. like the samsung galaxy s21 5g for free. i became a sofi member because i needed to consolidate my credit card debt. i needed just one simple way to pay it all off. it was an easy decision to apply with sofi loans, just based on the interest rate
scott wein, ceo of cnh industrial great to see you again, scott.you >> thanks, jim >>> guys, i don't know the scott does trade it trades very actively here what can i say, nikola, people will buy it big. we'll have more after the break. >> announcer: next, cramer is bringing the thunder and answering your burning questions in today's edition of "the lightning round. ok, at at&t everyone gets our best deals on all smartphones. let me break it down. you got your new...
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Jun 3, 2021
06/21
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BLOOMBERG
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all those are adding to that cnh strength.ven though the pboc is trying to slow the one-way appreciation, we think it is having an impact in the near term. in the medium-term, we are expecting the lift to go further. we are smacking into lift at 6.35 -- we are expecting it to lift at 6.35, but it looks like it will earlier than expected. haidi: trade on the aussie dollar is been -- is being seen as the least bearish since -- for months. guest: it's been very interesting. we have seen fundamentals continue to lift, especially when you look at commodity prices. the aussie dollar has struggled to keep up with those improving fundamentals. we are still expecting the aussie dollar to lift. we are expecting it to lift towards $.80 by the end of the fiscal corridor and 81 by the end of -- fiscal quarter and $.81 by the end of the year. there are still things i could push it higher. the main one is the change in stance we are expecting from the rba. they have been standing out as a more dovish central bank, compared to others. given w
all those are adding to that cnh strength.ven though the pboc is trying to slow the one-way appreciation, we think it is having an impact in the near term. in the medium-term, we are expecting the lift to go further. we are smacking into lift at 6.35 -- we are expecting it to lift at 6.35, but it looks like it will earlier than expected. haidi: trade on the aussie dollar is been -- is being seen as the least bearish since -- for months. guest: it's been very interesting. we have seen...
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Jun 23, 2021
06/21
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CNBC
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we're going to look at the shares of nikola shares increasing after the cnh industrial ceo called the company a strong partner on "mad money." >> i came into this job very skeptical of that partnership and i have been proven completely wrong about my skepticism they're a very strong partner for us we're excited what we can do with the first battery electric projects and ultimately hydrogen down the road. >> so has nikola put its troubles behind it >> i don't think so. the stock has doubled since the lows from 9 to 18 my instincts say you take the money and run because there are so many things left in the story. all the bad news is behind them. i'm not one of those people. i will tell you, this could become one of the stocks that the reddit crowd wakes up behind absolutely in this environment that's possible given the short interest, what have you. i'm more inclined to take the money here and run. >> that's an interesting one that chart could suggest your theory would play out. >> lastly, we'll check out shake shack. piping higher on the fact that they're going to expand the china foot
we're going to look at the shares of nikola shares increasing after the cnh industrial ceo called the company a strong partner on "mad money." >> i came into this job very skeptical of that partnership and i have been proven completely wrong about my skepticism they're a very strong partner for us we're excited what we can do with the first battery electric projects and ultimately hydrogen down the road. >> so has nikola put its troubles behind it >> i don't think...
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Jun 17, 2021
06/21
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FBC
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november, it's the up about 6.2%, but look at north nikola, up 6.25%, poppn a deal of its own with cnh to produce zero-emission heavy duty trucks. and, by the way, the nasdaq, very hot action. we've got it on the lower right-hand side because at this hour it's indicating that the big tech trade is back. again, the nasdaq needs to close up more than 134 points. that'll be a record close. we're up 124 at the moment. but, you know, it was a big tech glitch that caused a bigtime freakout for the major airlines, american, southwest, united and delta airlines got smacked with an outage at the host service for multiple airlines and even some banks including the australian central bank. the disruption hit web sites and mobile application forcing many to flag their customers on their web sites that, quote, contact centers were experiencing longer than normal hold times. the issue was fixed just as delta kicked off its annual shareholder meeting, and now we're joined from the delta that flight museum in atlanta by ceo ed bastion who, by the way, everybody, was just named by glassdoor as one of t
november, it's the up about 6.2%, but look at north nikola, up 6.25%, poppn a deal of its own with cnh to produce zero-emission heavy duty trucks. and, by the way, the nasdaq, very hot action. we've got it on the lower right-hand side because at this hour it's indicating that the big tech trade is back. again, the nasdaq needs to close up more than 134 points. that'll be a record close. we're up 124 at the moment. but, you know, it was a big tech glitch that caused a bigtime freakout for the...
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Jun 3, 2021
06/21
by
BLOOMBERG
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the pboc -- but it did not stop markets from jumping on the story driving the office or -- offshore cnhot stronger. very quickly, chinese authorities instituted fx reserve requirements to break the one-way mentality of appreciation. at the same time they are trying to endorse -- introduce more liberalized fx regime, a massive intervention we saw back in the 2000s when the dollar was weaker and asian currencies were stronger across the board. i'm surprised how quickly they reacted. mark: dollar see ny and bloomberg dollar -- dollar-cny and bloomberg dollar index tend to have a -- which of those two is the lead one to watch for direction? >> the last couple weeks, china has had the broader move on that local story. the trade-weighted renminbi has appreciated remarkably suggesting it is not just the dollar story. there is a unique chinese story going on. particularly those currencies are quite rightly correlated to the renminbi. things like the brazilian real. to a lesser degree, the euro. traders are watching developments in renminbi. last week was very important and helped to set. anna:
the pboc -- but it did not stop markets from jumping on the story driving the office or -- offshore cnhot stronger. very quickly, chinese authorities instituted fx reserve requirements to break the one-way mentality of appreciation. at the same time they are trying to endorse -- introduce more liberalized fx regime, a massive intervention we saw back in the 2000s when the dollar was weaker and asian currencies were stronger across the board. i'm surprised how quickly they reacted. mark: dollar...
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Jun 7, 2021
06/21
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BLOOMBERG
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i don't think he gives you any reason to chase cnh from current levels given that authorities want to the rate of appreciation. rishaad: i see the export numbers are more for disappointment in some ways. that is perhaps more reflective of what is going on globally. again, it is clouded by base effects and becomes muddy, all these numbers. it gives a sense of it does tell you anything going on, in terms of the recovery peaking globally. >> we have these base effect issues. i think it tells you that getting an actual read on the economy is going to be difficult. we had payroll data from friday night, which disappointed the market for a second month in a row. expectations and actual outcomes are going to be difficult to judge. in a normal cycle 25%-30% export growth is very healthy so i think we are slowly returning to more normal growth conditions but we probably expect export grows to moderate from here. goods export should still be strong in markets like the u.s. and europe. while disciplining i don't think it is flashing in a red signs about the extent -- while disappointing i don't
i don't think he gives you any reason to chase cnh from current levels given that authorities want to the rate of appreciation. rishaad: i see the export numbers are more for disappointment in some ways. that is perhaps more reflective of what is going on globally. again, it is clouded by base effects and becomes muddy, all these numbers. it gives a sense of it does tell you anything going on, in terms of the recovery peaking globally. >> we have these base effect issues. i think it tells...
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Jun 23, 2021
06/21
by
CNBC
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. >> big players cnh. he is very happy with what nickola has done >> really. >> very happy. the trucks are here, they're working. there's a big registration >> more planned hydrogen and on the stations the stock is moving. >> there are two other players here >> i did think that scott wine saying he was very skeptical coming in, thinking they should don't a deal because they had a truck that didn't really move on its own power. that was mentioned by scott. but he is endorsing them saying it's for real. they have stock for sale he's moving the stock by saying he's checked it out, one straight shooter and says nicola is the real deal truckwise >> a taste of what he told you last night on "mad money." >> yes >> i came into this job for skeptical of that partnership and i have been proven completely wrong about my skepticism they're a very strong partner for us and we're excited what we can do with the first battle of the electric products but hydrogen down the road >> ambassador, jim, speaking of trucks and cars, tesla, above the 50-day, for the first time since early may. back
. >> big players cnh. he is very happy with what nickola has done >> really. >> very happy. the trucks are here, they're working. there's a big registration >> more planned hydrogen and on the stations the stock is moving. >> there are two other players here >> i did think that scott wine saying he was very skeptical coming in, thinking they should don't a deal because they had a truck that didn't really move on its own power. that was mentioned by scott. but...