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CNBC Fast Money Halftime Report July 12, 2024

We begin with the call from Goldman Sachs to avoid apple, to sell it. John, to you first it is your biggest position. Is this the right call from Goldman Sachs reiterated to get out of apple all right were not hearing jon. Well work on that the steve, youve trimmed a bit of it what do you make of this call. We see apples recent Stock Performance and trading level as unsustainable and will continue to recommend that investors avoid this stock i did trim some a number of months ago its still my bi...
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CNBC Closing Bell July 12, 2024

167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine ...
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FBC The Claman Countdown July 12, 2024

The heated rhetoric not helping the markets at all as we head into the final hour of trade. Neither did the weekly jobless claims number that came out this morning. It rose for the first time in 15 weeks. Then you have goldmans morning call that apple is bruised and should be tossed from your portfolio. Weve got red acheck it here. Dow down 341. S p down 38. The nasdaq down 227 points. This china situation, American Farmers dependent on selling their product to china, are bracing to be pawns onc...
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CNBC Mad Money July 12, 2024

Euphoria and in disappointment. And the child is creating monster swings like ive never seen before. The cramer covid19 index on the news the astrazeneca vaccine, the trial didnt produce something that would save us immediate immediately. The stock got hammered and the stocks that benefit from the pandemic surged. The dow advanced nine points and the s p gained 4 but the tech heavy nasdaq filled with cramer c covid names. Amazon went up tesla up 142 shopfy 81. Yeah, i didnt make up thats real th...
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CNBC Squawk On The Street July 12, 2024

This astrazeneca oxford. I do say at this point, carl, you get the pfizer news about germ germany. What you have to watch is the crawl underneath there will be endless buying and things like vaccine inc. And im seeing buying of glaxo i think people want to calm down i have sorrento tonight. Not all news are good. 100 companies doing vaccines and lets take a breath because other things including a stimulus which is needed if the vaccines fail. The analysts are not discouraging traders or investor...
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CNBC Closing Bell July 12, 2024

As much as 10 some optimism that lawmakers are making progress on the next virus relief package we got news republican senators are pushing for 25 billion in additional aid for the airlines. Nasdaq record high, gold record high, oil at a fivemonth high, 59 minutes left to trade, wilfred. Were up 0. 6 on s p 500. Ahead on todays show cbs giving up despite strong earnings and guidance, well speak with Ceo Larry Merlo about the results. Plus shares of twillio up 50 but taking a dip on earnings toda...
New York United States City Of United Kingdom Sarah Malek Warren Buffett

FBC Varney Company July 12, 2024

New claims actually rose. And 17 Million People are still drawing Unemployment Benefits. I believe thats a negative for the overall market. Get to that in a second. Look at this. Amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. They are down in preMarket Action this morning. Hold on. All four of these giants will report their earnings later this afternoon. This is big techs big day. My opinion, the...
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CNBC Fast Money July 12, 2024

Twitter shares soaring on a rumor the company is looking to build a Subscription Service a source close to the situation tells me that a Subscription Service is one of many Revenue Generating options that twitter is considering, but that no announcement in that area is imminent Ceo Jack Dorsey has said hes kicked around the idea of creating a subscription tier and twitter management has talked about building new revenue stream the focus on new ways twitter could make money as tiktok opens a new ...
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CNBC Mad Money July 12, 2024

What could detail the stocks the s p advanced and the nasdaq climbed 1. 24 . What would make us want to dump the red hot stocks that have been leading us higher i dont see this rally collapsing under its own weight, which is what happened the last time we had an explosive tech rally in 2000. We got ahead of ourselves but the Actual Technology wasnt there yet. We laugh at the. Com casualtiecs the truth is they are ahead of the time it could have been chewy i want to take on the hateful 1999 analo...
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CNBC Fast Money July 12, 2024

It is a big bet disney is starting off slow with the Magic Kingdom and animal kingdom, two of its five orlando parks with limited capacity. This is a very big deal for disney to start the staged reopening of disney world after closing both of its domestic parks on march 14th. Yesterday it started reopening downtown disney. Thats the outdoor mall by its anaheim park it mandated masks and social distancing there this is an important moment for disney parks and resorts which last year was the large...
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