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CNBC Mad Money July 12, 2024

The big rally yesterday. We had the dow dipping 131 points, s and b backsliding 4. 8 , nasdaq edging down 2. 9 this is a good moment to consider where well be in six months because its controlling a lot of action we see in the stock market so the question is will we go back to the old normal once the pandemic is over or will some aspects of the new normal remain some could be permanent. Real engrained habits. Right now wall street is trying to guess which is which. Remember, the market is a fore...
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CNBC Closing Bell July 12, 2024

Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hi...
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CNBC Fast Money July 12, 2024

Development on a tiktok takeover Julia Boorstin has the latest. Sources confirming to me that bytedance is continuing to explore options with the committee on Foreign Investment in the u. S. About a restructuring of the company that would avoid a full sale of those u. S. Operations. Now, my sources tell me that long before President Trump set a deadline for tiktok to agree to sale of its u. S. Operations or have the threat of being shut down, bytedance was negotiating about various options. One ...
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CNBC Squawk On The Street July 12, 2024

Say the least after a bit of a rebound the other day when i was on with you, yesterday i was not here for what was a decline overall in all the markets. I think we are in a new era of volatility. Every single time we get an up opening people say, okay, i guess that selloff is over and when we get the printed selloff people say this selloff is going to go on for ages. I urge people to step back and recognize we are in a period where theres a lot of vacuum, a lot of people trying to buy when its g...
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CNBC Squawk On The Street July 12, 2024

If its covid19 vaccine is effective. Jim, i know that citi news popped for you. Yeah, i candidly mike and donna are friends of mine and friends of my executive producer so i have to reveal that because i say its not about friends its about money this is jarring for those of us older than mike who is 60 but he did work there for 38 years, not retiring until february, but how great. When i spoke to him this morning, how great, jane fraser coming in. The Glass Ceiling in banking maybe a is finally ...
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CNBC Mad Money July 13, 2024

Die. Thats the mantra so many businesses out here. The tsunami of invention disruption reaches far beyond this intense city and the valley that abuts it. The storm clouds darkening the fortunes of others in the inevitable riptide of creative destruction. The reverberations rattle whole industries with a wake so brutal they often determine the direction of stock prices in whole segments on a day where the dow dropped 55 points, s p lost. 16 and the nasdaq decreased. 24 lets just deal with the new...
United States Hong Kong District Of Columbia New Jersey Lisa Su John Malone

CNBC Squawk On The Street July 13, 2024

Bolton and mike pompeo as folks who were complicit in these arrangements the testimony of Gordon Sondland had been widely anticipated because hes one of the only witnesses being called who has spoken directly with the president. There is uncertainty over how many times he spoke with the president , but hes someone who appears to have the president s thinking and now in his Opening Statement he will say that he believes there was a quid pro quo. Guys, back to you. Really quick, the times this mor...
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CNBC Fast Money July 13, 2024

Thanksgiving coma and the ending the threeday losing streak are a set of records around the corner or this rally a flash in the pan. First of all, welcome. Thank you. [ applause the man. The momentum killer i just drop the hammer on momentum up. We call these the ifbs they told me in your name that your name at hq is c. Quint. We might take the quint thing. So, quint, to answer the original question today was a flash in the pan december 15th columns. The december levies the tariffs, the market g...
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CNBC Closing Bell July 13, 2024

Its now been 53 days since the president announced the phase one deal with china was agreed and just waiting to be inked thats 53 days and counting. Joining us for the full first hour of the show, Wealth Management ceo josh, did i pronounce it correctly nailed it todayly rsi, people toss around these terms, overbought, oversold they use them qualitatively. The market went up a lot its overbought. Theres a technical definition to things like being overbought. By any stretch of any way you want to...
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CNBC Squawk On The Street July 13, 2024

Road map begins with teslas truck rollout, unveiling first all electric pickup. The cybertruck and it is nothing like youve ever seen before. Wall street looking to snap a threeday losing streak. Stocks seem to be set for a positive open as chinese president xi jinping says beijing wants to work for a trade deal and a roller coaster week for retail today it is gap, nordstrom, williams and sonoma and foot locker were going to start with tesla, unveiling first ever pickup truck last night elon mus...
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