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CNBC Power Lunch July 12, 2024

An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good nu...
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KQED Frontline July 12, 2024

The tools are not what i call battle tested. A some peopleing if amazon is a monopoly. The question for the democracy is, arwe okay with one company essentially winning capitalism . Jeff think about e call to break you guys up . Simply because the companys been successful doesnt mean its somehow too big. Narrator now on frontline. Na domion was very much the narrator amazon empire. Frontline is made possiblby contributions to your pbs station from viewers like you. Thank you. And the corporation...
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FBC Varney Company July 12, 2024

Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only,...
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CNBC Squawk On The Street July 12, 2024

Hear from mike roman later on today, july has been very good i think you will continue to get a positive from housing, this horton number is the number people should be focusing on because it was stellar you will get a lot of people talking about how there is a lot of good news in anything involving personal fun, polaris, but just were just in such dim tidings when it comes to aero space thats what im focused on greg hayes, 2023, oh, my. You were just talking about that and then iata, the Intern...
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CNBC Squawk On The Street July 12, 2024

Forth with portnoy on what you say are amazing insane moves that can continue. Yeah, i mean, understand there is florida has been so much comparison in 1999, 1999 was never like this. You had a lot of crumby companies that would go up a lot but nothing like this. I mean, we have major trillion Dollar Companies that are going up at a pace that weve obviously never seen because we didnt have trillion Dollar Companies before but i do think that my friend David Portnoy hes got a big cohort saying th...
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FBC Varney Company July 12, 2024

Billion on amazon during the lockdown. The stock is up 169 per share. Facebook, another pandemic winner. 2. 4 billion people used facebook or one of its apps every day. That is global clout. The stock is up 16. Now, google, that is the exception to the stock price rally. They reported a firstever decline in quarterly revenue with the economy lockdown, advertisers slowed their spending. That stock is down 16 bucks. Overall, stocks are going up this morning. I see green for the dow, green for the ...
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CNBC Fast Money Halftime Report July 12, 2024

O odssey capital we see stocks higher into a pivotal week for your money. I said one third of the s p reports. You have the big tech hearing on the hill you have a fed meeting you have stimulus negotiations whats on the line i think anything to go wrong with the next trillion, that would be a huge problem. Thats so done deal. Hopefully most of us hope it will be more focused effort. We dont money into zombie companies. We decide on what sectors will survive and try to support those. I think the ...
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BLOOMBERG Bloomberg Technology July 12, 2024

Volatilityews will be the name of the game for the foreseeable future. Perhaps also low volume. I want to bring in Abigail Doolittle who has been following all the action, or lack thereof. Walk us through the theme of today. Abigail lack of action was the theme on this slow summer friday trading day. There was some fluctuating between gains and losses on the s p 500, the dow, and the nasdaq, but this is the first few the first time in quite a has been true,at but this is the first day in quite s...
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BLOOMBERG Bloomberg Technology July 12, 2024

Claims and cases of covid19 continue to rise around the world. Two majorly a small games tonight because players tested positive. Good news, moderna is kicking off a late phase trial of its vaccine candidate that will involve tens of thousands of people. Joining us to break down the day that was, Abigail Doolittle has been following all of the back and forth in the markets today. Modernity shares, ending today slightly down, despite the good news about vaccine progress. What stood out to you, to...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Structure already. Interesting to see if those that dont, end up following. Fit management style. Embraced the model. Challengeent, the these banks are trying to figure out is whether or not trading revenue, so pivotal now, will sustain. At the moment, it is balancing the leisure. That is the challenge. Does it continue . If it does not tom total fixation in america. Derby, a consortium of people at work. Johnson johnson, their heritage in new jersey. Faceeaconess in boston, read covid19 vaccine...
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