Record High for the Dow, China Stimulus Effect, Energy Sec. Granholm "First on CNBC" 9/24/24
Squawk on the Street
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Levi's Financial Outlook Amidst Economic Challenges
This chapter examines Levi Strauss's ambitious revenue targets by 2027 while addressing the obstacles retail companies face due to rising living costs. It also discusses the implications of China's recent stimulus package on U.S. companies, along with the stock performance of major players like Alibaba and Tesla. The conversation further explores ongoing negotiations around US Steel's acquisition by Nippon Steel and the shifting dynamics within the stock market, including the surprising performance of the Dow amid economic uncertainty.
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