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CNBC Squawk Box July 12, 2024

To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten y...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

China, the u. S. Rejecting chinas claims to the South China Sea. China than sanctioning u. S. Officials like ted cruz and marco rubio. U. S. Futures are pointing higher. We are also looking at what is going on with the virus as well as states like california reversing its reopening plans. U. S. Tenyear year, bonds up. U. S. Tenyear. We saw the dollar gaining a bit of steam against the yen, but seems like we are reversing some of that. Lets look at the boards and watch were Chinese Markets are go...
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CNBC Squawk Alley July 12, 2024

Saving in terms of production and marketing costs. Of course, the question is sort of how that impacts the question next year when we start to see them ramp up the production again or even second half of this year. But to your point, mike, about digital, i think what really is driving this stock higher today is not just the fact that disney plus is doing so well, hitting 60 million subscribers, four years ahead of the goal of hitting between 60 and 90 million subs so really far better than expec...
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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Infections heading towards 16 million. Hong kong says the situation is increasingly severe. Has extended the Wage Subsidy Program beyond september to protect the economy from fallout from coronavirus. Shery a quick check of how the markets are trading. We are seeing u. S. Futures kicking off unchanged. This after we saw u. S. Stocks rally amid encouraging vaccine news, this time from the university of oxford and astrazeneca. The s p 500 finished at the highest since february, turning positive fo...
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CNBC Squawk Alley July 12, 2024

Becomes a cash flow power house in your words. We think were seeing the part of the possible and the buzz kill of the probable coming together the worlds alarmer tam. The worlds most energetic, enigmatic, courageous ceo. A phenomenal human being in many regards, and then against that, and also frankly the product has a huge lead on anything else in the market on the other side of that to extrapolate that out, 10 or 20 years, investors are making a number of bets theyre betting on the legacy guys...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

Debts are about 700,000. The Trump Administration dabs up its attack on chinese tech. Mike pompeo wants to cut ties well beyond just a campaign against tiktok. Alert on start with an the bloomberg. South korea announcing its surplus widening to 6. 88 billion. This is a recovery from the 2 billion level we saw in the previous month and recovery after logging a deficit in april. When it comes to the trade surplus, widening to 5. 867 billion. We have seen south korean exports slump, slowing in july...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Wave. S fears of a second the u. S. Seeing 16,000 cases a day. Hong kong in the third wave right now. All youll futures elevated. You are seeing a risk off move today. Focus on the chinese story. We are seeing a down day even when it comes to chinese stocks. We will see how this plays out. Lower by 6 10 of 1 for the shanghai composite. Asia had their best Weekly Performance in five years. The csi 300 large caps, ada percent of the index has been overbought. Thats the highest on record. We are se...
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BLOOMBERG Bloomberg Technology July 12, 2024

Million, representing more than a quarter of all cases globally. I want to bring in our Bloomberg Markets reporter, who has been on top of all of this action. What did you notice today, with more record highs it is the usual suspects that continue to lead the way. A story of tech outperformance again. Boarde higher across the when it comes to major averages, but the outperformance came from the nasdaq. A record high. It was up by more than 1. 5 . I want to highlight that even though tech stocks ...
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CNBC Power Lunch July 12, 2024

Its season in orlando despite record coronavirus outbreaks in that state power lunch starts right now thanks the banks and the energy are out performing today as tech takes a breather the nasdaq still up 5 in two weeks. Bob has more on todays market were at the highs for the day. Were close to a bit of a break out. Mondays close, which was the high was 31. 79 were five or six points away from that. Why would it be significant if we get over that thats highest level since the june highs we had. W...
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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Restrictions in new york city is boosting education about masks and social distancing. U. S. And china ramping up tensions. Washington rejects beijings claims to the South China Sea and top senators are facing mainland sanctions. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening higher, gaining one quarter percent after stocks fell in the regular session. Sharply higher throughout most of the day and then we saw a bearish reversal in the afternoo...
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