i'm dominic chu in for frank holland. here is your "five@5." >>> investors set for the earnings season and the next market move. up or down. >>> breaking news. israel responds to weekend attacks on its territory from hezbollah in southern lebanon. energy markets are on high alert. >>> never sell your bitcoin so says former president donald trump in nashville. >>> and mcdonald's, same-store sales problem as it looks to break out of a rut as it reports later today. >>> and disney with the superhero gold with the blockbuster. it's monday, july 29th, 2024. you're watching "worldwide exchange" right here on cnbc. ♪ >>> good morning and welcome to "worldwide exchange." thanks for being with us on monday morning. let's kickoff the futures after the mixed week for futures last week. the dow closed higher for the fourth we'ek in a row. right now, the dow is implied higher by 995 p95 points higher. we are watching the russell 2000 small cap futures as the three-week winning streak. the futures are up .50%. we will see whether or no

. >>> welcome, everybody, to "power lunch" form she's kelly evans, i'm dominic chu. ebbs and market flows, investors still digesting yesterday's breakdowns in technology stocks. we'll discuss. >>> he's the ahead of whatsapp. he'll join us live to tell us what we have learned. >>> let's get a check of the markets follows the nasdaq's rough day. >> most of those mag 7 names are higher today, with the exception of microsoft. >>> speaking of the nasdaq, the new listing lineage, you can see it's up roughly 3% or so. we're watching shares, a big ipo today. we have airlines and autos getting hit pretty hard. you can see moving lower for the auto side of things. we'll have more later on in the show. >> honeywell dipping on weak guidance, and align, the maker of invisiline, down 5%. >> fuel yesterday's massive sell-off brent and mark, thank you both for being here. brent, we'll start with us with regard to the c.i.o. type of view on the set up. should we be worried about investors that there's even more down side ahead. >> i think there's more down side, because i do see the

. ♪ ♪ >>> welcome to "power lunch" alongside kelly evans, i'm dominic chu.the business world is digging out from a global control outage, crowdstrike shares are down 12%. it said the microsoft operating system was behind the outage. we'll get more into what was affected. >> shares down almost 12%. >>> as all the major averages are lower on the day, the dow fell down 370 points. on the week the dow and russell are posting gains. united health a huge help but the s&p and nasdaq down lower, with worst week since late april. >>> let's get to the top story, the i.t. outage crippling the business world. let's bring in steve kovach for what happened and the chaos that ensued. you're hearing the superlatives about the biggest i.t. outage in the history of mankind. it's big. >> let me go over what we know so far. we're developing left and right here. crowdstrike, which caused so many windows pcs to reboot and show that blue screen. i saw one backstage. taking down operations in a slew of companies from tv networks to airlines like delta and united, banks, 911 call ce

i'm dominic chu in for frank holland. here is your "five@5." >>> investors set for the earnings season and the next market move. up or down. >>> breaking news. israel responds to weekend attacks on its territory from hezbollah in southern lebanon. energy markets are on high alert. >>> never sell your bitcoin so says forme

joining us, cnbc correspondent, dominic chu. >> secretary yellen is appearing for financial global servicestargeting clear national security risks, and she is talking about the inflation was caused by the post pandemic supply chain issues. jay powell is noting the american economy continues to expand at a solid pace through moderating -- again, moderating somewhat in the first half of the year. labor market conditions cooled off while still remaining strong. with regard to inflation overall, he knows the most recent data readings have shown further progress in bringing down inflation but on a more modest level, and added elevated inflation is not the only risk the american economy faces. all of that is contrast around the fed moving too early or too late on moving rate policy. powell did say the current regime for interest rates has put a downward edge on inflation. josÉ, powell did also say it's not likely that the fed's next move would be to raise interest rates. that's something worth noting as well. we will keep you posted on more headlines, josÉ. i will send things back over to you. >>

. >>> welcome, everybody, to "power lunch" form she's kelly evans, i'm dominic chu.ws, investors still digesting yesterday's breakdowns in technology stocks. we'll discuss. >>> he's the ahead of whatsapp. he'll join us live to tell us what we have learned. >>> let's get a check of the markets follows the nasdaq's rough day. >> most of those mag

alongside kelly evans, i'm dominic chu. first a selloff, and now a rally. despite today's gains, we have seen a few cracks forming in the consumer and the market overall. we'll discuss that next. >>> and "deadpool & wolverine" hitting theaters and that theering some records, and we'll discuss what means for the media giants. >>> and the dow rallying more than 600 points right now. a stark change from earlier this week. at one point, we were pushing that 800 point mark as well. sh shares are leading the charge on the blue chip side of things. 3m kind of a blue chip company, and health shares up 2.5% on their own. >> another mover we're watching up 4.5%, a rise in bitcoin. >> and medical device maker, down a staggering, get this, 41%. missing on its revenues and cutting guidance for the year. kelly, those shares again, down 41%. >> going the other way is coursera. a revenue beat even after it missed on earnings. so many earnings movers. >> a tale of two different stocks for sure. we'll start today with the fed's key inflation gauge rising from a year ago to t

indeed.com/hire ♪ ♪ >>> welcome to "power lunch" on this wednesday afternoon, alongside kelly evans, i'm dominic chut to get straight to the market action. big earnings misses are sending stocks lower and markedly so as you can see there. we are talking specifically the technology space. the nasdaq is down nearly 3%, a loss of 500+ points at one point. by the way, this will be the worst day of the year and worst day going back to 2022 at this point. the s&p 500, you can see they're down almost 1.75%, and a hundred points and the nasdaq down almost 3%. kelly, we'll start with earnings movers of the day as well as names on deck so far. al alphabet being rattled and chipotle may be biting off more than it can chew. so let's start with the alphabet trade down about 3% so far, now about 4.5% at this point. steve kovac joins us with the details on just why you're seeing the kind of price declines you're seeing in alphabet today. >> dom, it's not just the decline in ad sales growth. it's also showing that it's been not really cheap to be an artificial intelligence hyperscaler. the theme of alphabet earning

all that said the small caps holding on to their gains for the week to dominic chu to talk more aboutmorning. >> it's still in effect to that point. we're seeing a bounceback today. out performance still in the russell 2000 small cap index even during yesterday's tech led selloff. if you look over a one-week basis on the iwm, the russell 2000 etf versus the s&p 500, which has cracked with today's moves a gain of a half a percent. the real focal point here, there's been such out performance in that russell 2000 trade versus the qqq if you take a look and drill down into some of the dynamics within the marketplace overall, on that year-to-date basis, iwm versus qqq, still an under performer of the russell 2000, but this huge move higher over the course of the last maybe five to seven trading days or so has really been a driver of the out performance there. so much so, that when you talk about the five trading days entering today's session there have been literally billions, hundreds of billions of dollars worth of losses in market cap for the so-called magnificent seven type names to pu

alongside kelly evans, i'm dominic chu. first a selloff, and now a rally.a few cracks forming in the consumer and the market overall. we'll discuss that next. >>> and "deadpool & wolverine" hitting theaters and that theering some records, and we'll discuss what means for the media giants. >>> and the dow rallying more than 600 points right now. a stark change from earlier this week. at one point, we were pushing that 800 p

indeed.com/hire ♪ ♪ >>> welcome to "power lunch" on this wednesday afternoon, alongside kelly evans, i'm dominic chu straight to the market action. big earnings misses are sending stocks lower and markedly so as you can see there. we are talking specifically the technology space. the nasdaq is down nearly 3%, a loss of 500+ points at one point. by the way

dominic chu is there following the event. >> reporter: we have brian here from "the office." >> thank you for being here. >> my pleasure. >> you're a mainstay here. we see you on tv. how long have you been doing this and why do you keep coming back? >> this is my 17th year, which really only means i'm old now. when i started coming, i was one of the young pups. now i'm not anymore. what brings me back is the people and not just the celebrities, which is awe msawe. i'm a huge sports fan. the relationships i've made coming here every year i cherish and value. it's also the people of this community, the volunteers. on every hole there's three or four volunteers. many have been here every year. they've been here for the 17 years i've been here and much longer. it's a very special place. beautiful as well. it's my favorite week of the year. >> we watched earlier this morning american century ceo jonathan thomas tee off with trevor lawrence. there's nfl guys all over the place. fans are going crazy. talk about the energy here. >> i

. ♪ ♪ >>> welcome to "power lunch" alongside kelly evans, i'm dominic chu.lobal control outage, crowdstrike shares are down 12%. it said the microsoft operating system was behind the outage. we'll get more into what was affected. >> shares down almost 12%. >>> as all the major averages are lower on the day, the dow fell down 37

to dominic chu tracking movers this hour. >> let's start off with a move higher in shares of tesla around point getting help from analysts over at morgan stanley. they've named it their top pick in the u.s. auto industry, and it replaces ford. that stock remains overweight rated, $310 price target. they're citing things like less downside risk giving cost cutting and restructuring measures and better trajectory for recurring services based revenues. ford shares are lower by 1.5% so far this morning as well. next up shares of abbott labs down 4.5%. the health care products and pharmaceutical products down after a jury ordered it to pay nearly half a billion dollars. the jury found the maker of similac baby formula distributed a product that led a girl to developing a dangerous bowel disease. that judgment was much higher than some had anticipated and abbott has denied the claims and then we'll end on crowd strike. the cyber security company friday more than 97% of microsoft windows sensors are operational after the update that crippled computer systems. pair metrics says the financial loss

dominic chu has been tracking the action. >> mike, it's been an under performer for sure but the materialcond smallest sector. looking for yield we look for some of the ones that maybe have some relative safety on a percentage basis. take a look at some of these names. the s&p 500 said which ones have an above sector yield that's roughly about 2%. if you look at the entire sector, but still have positive price performance. that is the screen that we used here. if you take a look at some of the results coming outfi of tha screen that is where you see interesting names come out. with regard to those names, dividend yields north of had or 5%. something to keep an eye on as we watch some of the names out there. if i would show them to you, you could see some of the names out there, there. one of the things we want to watch is dividend yields. keep an eye on the material sector. i will send things back to you. >> thank you. >> i did want to hit this indictment this morning of somebody our viewers may know well, andrew left from citron research, frequent on a guest of a lot of different network

i'm dominic chu with a look at some of your premarket movers this morning.ith shares of at&t, which are just up around 3%. the telecom giant is hiring after reporting profits in line with estimates. slower iphone upgrades were a headwind, but at&t did beat on a few key metrics including mobile phone subscriber growth. it cited higher demand for unlimited plans and fewer cancellation rates, that churn as well. another earnings mover, g ge vernova. the energy company reporting a profit beat but a revenue miss citing weakness in the wind business but did grow in power generation and electrification. those shares higher by about a percent. and we'll end with a check on tesla, shares now sliding by just about 8.5% premarket as the electric vehicle giant reported its biggest earnings since 2021. automotive revenues hit particularly hard in the current quarter, down 7% year over year as they were hammered on a number of sides from higher artificial ielgentlince spending to ev discounts and rising competition in china. keep an eye on tesla, driving that tech narrati

i'm dominic chu. here is a look at some morning movers. up over 12%. this comes as deal talks resume between national amusements and skydance with a new preliminary deal being reached. that's according to people familiar with the matter. talks had ended with no deal just weeks ago. a special committee at paramount is reviewing the revised proposal. next up, a check on electric vehicle giant tesla up 2% or so. 4 million shares of volume. a day after 10% gain on the heels of better than expected quarterly delivery numbers. the run today continues a trend higher that has already seen a 66% rise just since the lows that we saw on april 22nd. new this morning, analysts at redbush have upped their target price on tesla to 300 bucks. it was $275. they maintain the outperform rating. tesla reports on july 23rd. we'll cap things off with a look at shares of mgm up a percent or so, thinner trading volumes. we're getting some help from analysts at btig who initiated coverage of the casino and online betting platform operator with a buy rating and $52

i'm dominic chu with your morning movers addition earnings style.ly 7.5% despite posting beat on earnings and revenues. the drop due in part pot humana warning higher than expected in-patient hospital admissions raising costs for the company and lowered full year profit guidance. >>> check on shares of dupont. up just about 4.5, almost 5% after the chemicals and materials company behind products from building wraps to conserve lon body armor, dtop ad bottom line drops and in the water and medical packages business. 14% year over year increase in adjusted profits. raised its net sales in profit outlook for the year. this was, by the way, the first report since dupont announced plans to separate into three different publicly traded companies over the next year and a half to two years. >>> finish looking at shares of t-mobile u.s. up 2.5% beat on earnings and revenues helped by better than expected surscriber growth in customers that pay a bill post-paid and growth in fixed wireless and raised customer and cash flow guidance for the full year. shares u

. >>> coming up on the other side of this, inside small caps recent stellar performance, dominic chuarch. >>> stay tuned. you're watching "squawk box" and this is cnbc. really tired. just calling it a day. but it's 4 p.m. yeah, and i've been working nonstop since 9:30 this morning, so. 9:30. you don't say? yep. you'd want a little shut-eye too if you'd been moving billions around the world. well, actually, i do. you know, stablecoins, nfts, loans. people can access me 24/7. what? but look, everyone's different. you should get your rest. you'll get after it tomorrow. tomorrow's saturday. [ethereum] monday. you'll get after it again on monday. (intercom) t minus 10... (janet) so much space! that open kitchen! (tanya) ...definitely the one! (ethan) but how can you sell your house when we're stuck on a space station for months???!!! (brian) opendoor gives you the flexibility to sell and buy on your timeline. (janet) nice! (intercom) flightdeck, see you at the house warming. while i am a paid actor, and this is not a real company, there is no way to fake how upwork can help your business.

i'm dominic chu with a look at today's early morning premarket movers.lls, starting with computer chip giant nvidia, which is up ro roughly 1.5% so far. it's getting some help from teams over at loop capital markets and piper sandler. each are upping their target prices on the world's most valuable semiconductor companiment loop goes up to 175 bucks. piper to 140 bucks. it was 120. they reiterate their buy equivalent ratings. they're citing optimism into quarterly earnings and higher expectations for nvidia's next gen ai focused chips. citigroup also launched a positive catalyst watch in nvidia heading into earnings. getting some pail wind there. st shares of apple up, helped along by wells fargo upping its target price on the iphone maker and app services giant. goes up to $275. it was 225. they keep the overweight rating. they're citing amongst other things expectations for better results from iphone sales heading into earnings as well as expectations for more growth, driven by its upcoming product upgrade cycles and ai product offerings. those shares

chu. >> i love it. appointment television here for our morning movers, joe. so, if we kind of look at this, it is continuing to be dominated the fr friendly skies, southwest airlines, shares down 5% at this point. the budget friendly airline posted a modest beat on profits and revenues, but profits did dive about 46% over the year. and the airline posted a modest beat on earnings and revenues overall. it is facing some headwinds as it deals with overfly for air travel capacity during this peak hot travel season for the summer. southwest is also said it is dishing its decade old policy of not assigning seating. it is going to offer premium cabin seats as well. its bags fly free policy remains in tact. you have that to look forward to. southwest down 5%. honeywell shares plunging as the mixed guidance overshadows stronger second quarter results. they raised the full year sales outlook but lowered profit guidance as the firm sees pressure in industrials and the impacts of recent acquisitions. those shares down 4.5%. let's end on a look at two pharma giants moving in opposite directions. as competition continues to heat up in