00:08all right futures bouncing back a little bit here after yesterday's sell-off or tech wreck i guess
00:13you could say s&p future is holding higher here by 0.33 percent the dow futures up by 0
00:18.14 percent
00:19and the nasdaq leads the way higher at 0.59 percent now let's take a look at some cues from
00:25last session here as well as what we have going on for today sectors that gained and lost on
00:31tuesday include consumer staples and health care which moved higher while information technology
00:36industrials and materials finished among the session's biggest laggards u.s stock futures were
00:42mixed on wednesday although they're all in the green now uh as the dow fell but the nasdaq and
00:48the s&p rose dow has now joined the party thankfully president trump instructed the department of justice
00:54or doj to look into oil firms for not lowering retail fuel costs as crude price uh continue to
01:01drop in fact crude's down again here this morning let me actually get that for you here real quick
01:07sorry i didn't have it ready crude down another three percent here and the oil futures in a 71 handle
01:13so those do indeed continue to drop here in an early wednesday post on true social trump claimed that
01:20energy corporations are overcharging consumers because their pump prices do not reflect the much
01:26cheaper rates that they are currently paying for crude quote gasoline prices better start going down
01:31a lot faster than what i'm seeing even used an exclamation point in there end quote meanwhile the
01:3810-year treasury bond yielded 4.46 percent and the two-year bond was at 4.19 percent the cme
01:44group's fed
01:44watch tool projection show that the markets are pricing in a 63.7 percent likelihood of the federal
01:50reserve leaving the current interest rates unchanged during the july meeting now i've got several stocks
01:56in focus here for you today and the big one or the first one here is going to be the
02:00big earnings report
02:01from yesterday that's going to be fedex the ticker on this is fdx and it dropped 6.77 percent in
02:09the
02:09pre-market on wednesday despite beating earnings estimates the impacts of shifting trade policy
02:14given the tariffs led to shrinking operating margins we're going to cover the fedex report here in just
02:19a sec the next stock on the list is going to be cerebris systems the ticker is cbrs this was
02:25our first
02:25big ai ipo this year it tumbled 11.34 percent despite topping earnings expectations ceo andrew feldman
02:33said tuesday the biggest constraint on artificial intelligence growth is no longer chip supply or
02:38customer demand but the availability of data centers needed to deploy the ai infrastructure at scale
02:45interesting we're going to look at that here in a little bit uh the next stocks for you here are
02:52actually going to be verizon and google verizon ticker vz slipped 0.36 percent and alphabet ticker g-o-o
03:01-o-g
03:01rose 0.45 percent as the google parent is set to replace verizon in the dow jones industrial average
03:08on june 29th the next stock on our list is going to be kb homes and the ticker on this
03:14one is kbh
03:15it gained 3.52 percent after reporting mixed financial results for the second quarter after
03:20the market closed yesterday and the last stock on our list is the big earnings report for today it is
03:26micron ticker mu it was up 4.83 percent as analysts expect it to post quarterly earnings of 20.47
03:32per share
03:33on revenue of 35.42 billion and again that comes after the closing bell today
03:38you
03:42you
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