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CNBC Mad Money July 14, 2024

Dropped 0. 01 , all these strange nonearnings are making it a lot hard story understand. What do i mean by weird metrics . The stock of netflix all right. I know youre thinking about that one heres a stock that has never traded on earnings per share ever theres just not the number anyone cares about youll never hear anyone say that netflix is really cheap at 80 times earnings. No, netflix trades on subscriber growth as these things go subscriber growth isnt too weird a nice objective number. Onc...
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BLOOMBERG Bloomberg Technology July 14, 2024

An antitrust probe overload. The u. S. Justice department launches its own facebook probe. This, as the social network is already the focus of a federal trade commission investigation. But first to our top story, pellet gun falling as much as 9. 5 after raising more than 1 billion in its u. S. Initial public offering. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. s jason with Bloomberg Kelly at the nasdaq. Joh...
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BLOOMBERG Bloomberg Markets Americas July 14, 2024

His personal lawyer, Rudy Giuliani, and the u. S. Attorney general william barr, to look into his little look into his political rival joe biden. This is according to the rough transcript, not the exact transcript, and it has just been released. Lets get to chief washington correspondent Kevin Cirilli for more details. It looks like it is a rough transcript, and not all of the details. Kevin precisely. Right now we are just getting a link to the transcript of President Trumps call with the ukrai...
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KGO Jimmy Kimmel Live July 14, 2024

Dodge ball court all day today. Last night i compared the president s behavior to the sopranos. But today it seems more like six feet under, because somebody finally pulled the fire alarm in hell. We now know that what, what did the whistler blow and when did he blow it . The muchanticipated complaint against the president has been unearthed. If this isnt it, nothing will be. It grabs trump by the mcnuggets and doesnt ask for permission. This is what the whistleblower sent to the attorney genera...
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CNBC Squawk On The Street July 14, 2024

Now the ceo of juul is out and tobacco giants Philip Morris and altria call off their merger talks. The Political Risk for stocks, futures pointing to a muted open House Democrats move on impeachment and what the turmoil will mean for ongoing u. S. china trade talks. New products driving sales and double digit growth in china. Big news regarding Philip Morris international and altria. The two companies deciding to end merger talks juul is announcing that kevin berns is stepping down as ceo. It w...
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CNBC Squawk Box July 14, 2024

Turs the dow and s p are a little lower. Nasdaq is on pace for the fourth weekly gain. Being looking at raise yeah, the nikkei up and shanghai composite. The ftse is down slightly, actually flat. So is the dax. The cac is up about. 2 . The 10year is yielding 1. 779 in our tariff news du jour, the u. S. Is going to temporarily free more than 400 products from the 250 billion in tariffs imposed. According to documents said to be published by trade representatives today. Including items such as Chr...
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CNBC Closing Bell July 14, 2024

Says it will conduct daily repo operations to stabilize the lending market joining us for the hour, jim le camp happy friday investors dont like it when trade delegations cut their trip short. They dont, but god we can buy chinese dog leashes now. Theyve allowed a lot of things to happen and theyre not accelerating things so we need to get beyond what theyre ta talking about, beyond the saber rattling and looking at the actions. We havent ramped up tear i haves in a while then you look at the Fe...
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CNBC Mad Money July 14, 2024

Thats how i felt about President Trumps trade deal sooner than you think comment that exploded the market higher just when it looked shaky because of impeachment chatter trump makes remarks and turns things around again. Averages bringing back up by magic. Dow climbing 163 point, s p gaining 0. 62 and nasdaq surging 0. 15 after the session yesterday. No one else remembers the last dozen times this has happened. Maybe this time will be different. My sources say no. Maybe the white house will get ...
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BLOOMBERG Bloomberg Technology July 14, 2024

Strategy and a new hiring feature. First, our top story. More worries for wework. Pressure is mounting to oust ceo adam neumann after the delayed ipo. The board was supposed to meet today but they are likely going to meet later this week. Ellen huet covers startups and she joins me. Why the shakeup . Ellen insane week in the last week or two. Pressure first to delay the ipo and now it seems like there are reports to consider replacing the ceo, adam neumann. A lot of back and forth within the boa...
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FBC FBN AM July 14, 2024

You sain p aint seen nothing. You just aint seen nothing yet. Heres something youre never going to forget. Lauren lets get a look at how your moneys is moving this monday, right here in the u. S. Stocks are pointing up. Dow gaining 96 points. Cheryl taking a look at asia, a mixed bag. There are your u. S. Futures, dow up 96, nasdaq is higher as well. Here is the asia board, nikkei, shanghai, those markets a little lower. Hang seng and kospi a little higher. Tomorrow is the 70th anniversary of th...
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