Transcript
VRBO Advertiser (0:00)
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Comcast Business Representative (0:30)
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Becky Quick (1:00)
Hi, I'm Becky Quick, co host of Squawk Box with Andrew Ross Sorkin and Joe Kernan. And this is five things to know before the opening bell. First up, Chevron and ExxonMobil shares both rising this morning following the U.S. capture of Venezuelan leader Nicolas Maduro. President Trump wants U.S. oil companies to lend their expertise and their money in terms of pumping Venezuelan crude. Chevron is the only US Major currently pumping in Venezuela. Its shares are up by 7 and a half percent, while ExxonMobil shares are up by 4 and a quarter percent. Airlines adding extra flights to ferry passengers stranded in the Caribbean following the US Operation in Venezuela. And Philadelphia, Fed President Anna Paulson says that more interest rate cuts could be a ways off while central bankers monitor the economy. At a speech in Philadelphia, Paulson said that she sees inflation moderating, the labor market stabilizing and growth coming in around 2% this year. She said if that happens, some modest adjustments to the funds rate could be appropriate later this year. Check out shares of Tesla this morning. Right now it looks like that stock is moving up by about 1.6%. It fell more than 2 1/2% on Friday after Tesla reported fourth quarter deliveries that missed expectations. And the third Avatar film maintaining its box office dominance, earning about $40 million at the weekend US box office, it's now grossed a billion dollars worldwide.
Andrew Ross Sorkin (2:27)
Anna Paulson okay. Yeah. All right. I was just getting figuring out who's who.
Comcast Business Representative (2:34)
Yeah. No, hey.
Andrew Ross Sorkin (2:35)