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CNBC Squawk On The Street July 12, 2024

From apple yesterday plus, jim, fedex and adobe to kick around from last night. Wow i mean, these were congratulations gentlemen and ladies calls because the numbers were so unbelievably good, much better than people expected. Now, this is rather amazing, carl why . Because there were firms that upgraded and pushed and raised numbers for weeks and yet they were dramatically exceeded, fedex because of e com, 96 of the growth is e com and adobe because its how companies are able to digitize quickl...
New York United States New Mexico David Faber Jared Kushner Laura Martin

KGO ABC7 News 500AM July 12, 2024

Cleanest days moving forward. Heres a look at the north bay. Look at this. We have napa and ukiah and sensitive groups and everybody else, okay. Until you get to san rafael, oakland and then look at livermore and go down to redwood city, fremont, san jose. Just keeps getting worse as you head south. All the way down to the monterey bay. Heres a look at sfo this morning. Fog in the north bay and smog for the rest of us. Temperatures going to be a little bit warmer as the upper levels like they di...
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CNBC Squawk Alley July 12, 2024

Few sessions for tech stocks losing over a trillion dollars in value in just the last three days josh lipton is sorting through the carnage and has more josh thats right, jon bigtech names suffering big losses take another look here at apple, minhaj, amazon, alphabet, facebook and tesla just to put the plunge into perspective. The last three days essentially wiping out three weeks of gains. At the start of this year, these Six Companies were worth about 5 trillion. Their value then peaked at 8 t...
United States South Africa New Mexico David Katz Ipos Palantir Julia Boorstin

CNBC Squawk Alley July 12, 2024

3 yesterday so it is the year to date momentum names in technology and large cap growth that are taking things there cloud stocks, the Broad Software group, ecommerce, all those baskets are up 2 or so today, so you know, at a time when people are unsure about the fiscal package getting through and maybe what the pacing is of the domestic economy, kind of the old reliable move is whats working for now but as you say, the Broader Market is kind of on the softer side for the start. Julia, a bunch o...
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KPIX KPIX 5 News At 530pm July 12, 2024

Coronavirus is taking legal action and the possible connection to a summit at President Trump resort. Stanford reserve reverses course on the Campus Housing plan. The lastminute switch that could leave student scrambling. Millions of people are being forced to pay for apartments they will never live in. Good evening. It is happening all ro country near College Campuses right now. We take a look at why so many students are finding it impossible to break their lease for the fall semester. Definite...
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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

BLOOMBERG Bloomberg Markets Americas July 12, 2024

Lets go to kailey leinz. What ist to talk about leading todays session. It is big tech names like apple. Of course, they are heavy, seen insulated from any kind of virus resurgence. What is second to tech come underneath the surface of the s p, is utilities. Usually we see utilities getting a boost from lower yields that are kind of high dividend stocks. More the story is that it is summertime and things are starting to get hot. We are expecting temperatures over 100 and some parts of the americ...
New York United States City Of United Kingdom Steve Schwartz Karina Mitchell

FBC Varney Company July 13, 2024

The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominou...
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FBC After The Bell July 13, 2024

Melissa we havema r blake burman at white house. Edward lawrence at capitol and gerri willis at the floor of the new york stock exchange. What powered this index higher . Why did all indexes finish record territory today . It had a lot to do with trade, positive sentiment on that. Also trump comments and president s comments from the white house on health care. You would have thought more transpare criminal was bad for stocks. Traders said not so. J j trading higher, unitedhealth group, pfizer d...
United States New York Virgin Islands Capitol Hill District Of Columbia Romeo Deirdre

CNBC Squawk On The Street July 13, 2024

Charles schwab is expected to buy ameritrade jim as you noted on twitter, the unprecedented influence of robinhood. Yeah, look, when youre out here, you realize there are players. David talks about them a lot, including softbank, theyre fun organizations with no real growth path for earnings a fabulous growth path for revenues this robinhood has been an incredibly well funded sensation particularly among the younger demographic. Its very hard to fight a company that will you play for free and th...
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