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KGO ABC7 News Getting Answers July 12, 2024

Been forever. Relive as if it were yesterday. As you wrestle with the emotions, does it get any easier . Has time erased or healed any of the wounds . I think its something that, you know, you dont necessarily get over. It doesnt become necessarily easier, but you learn to manage the circumstance. Its something that by doing things like im doing with you today, by talking about it, being able to explain it by doing presentation across the country. It helps me to manage and to stay safe, quite ho...
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CNBC Fast Money Halftime Report July 12, 2024

The nasdaq on track for a 5th week worth of gains here and the dow is erasing its losses for all the year at its highest level since late february, its also having its bests august since 1984. We turn to the Investment Committee for this we have just been seeing green, green, green for it seems like weeks, if not nonts months at this point it is surprising the markets have marched higher the way they have over the last several months since the pandemic lows its not all surprising all the factors...
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CNBC Squawk Alley July 12, 2024

Good morning, what a friday morning. No lack of news today. Home sales, the biggest quarterly jump in history. Management changing for some of jeff bezoss and it is a 4 gain today. They added nearly half a trillion in the market cap this month. It is staggering, because apple right now is about 62 billion plus above the 2 princip trillion mark. That is like adding vm wear. That is your oef raj over the two tril mark. I dont know how history will judge that when skail has taken on new meaning im ...
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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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CNBC Squawk Alley July 12, 2024

Welcome to squawk alley. John fort has the morning life watching carefully as both apple, tesla, and the thatnasdae dipping into the red lets go to alex sherman tiktok is suing the u. S. Government over effectively banning the app come september 15th tiktok released a blog post right now explaining the rationality behind the lawsuit against the u. S. Government. There are two administrative actions that the Trump Administration has taken the fist would effectively ban the app by september 15th. ...
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CNBC Closing Bell July 12, 2024

Airline stocks are popping after the government gave approval to a different way to disinfect surface onz planes american, united, delta, theyre all up 8 or so. S p 500, nasdaq set for a record close. With he have 59 minutes left of trade. Brian, good to have you onboard. Yeah. Good to be here on a day where there seems to be a lot gf news. The markets are powering higher again. We have a long way to go two hours. Coming up, you remember herbalife. They sparked wall streets most epic battles on ...
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CNBC Fast Money Halftime Report July 12, 2024

Nasdaq is going for its second day in a row josh, we got within a point. Same narrative here. What now we figure were going to hit new high for the s p those stocks are really all you need to get it done like a nominal new high its been 122 days since the last time the s p 500 had an all time closing high. If you think about the media number of days between making those closing new all time highs its about 90 from one year to the next i guess i would say this is pretty average year all Things Co...
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CNBC Squawk Alley July 12, 2024

Welcome in to squawk alley. Dow down for a fourth day in a row. Have not seen that since february, but the dow repaired some ofthe internal damage the s p went green the nasdaq getting helped once again by a tech trade that seems almost impossible to kill. Even with invidia and the expectations last night. Yeah, in the green at the moment well see where that goes. Were going to start with some controversial ipo paperwork. It was the ipo that was and wasnt, now it is on again it company was one o...
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CNBC Squawk Alley July 12, 2024

Intel is the story the margin story, the share loss or more. Looking forward to getting some more detail and clarity from the ceo of intel that will join us in just a few minutes. This is not all bad news there is a beat on the top and bottom lines really the focus is on manufacturing which is, you know, for generations literally it has been one of intells hallmarks and advantages now the manufacturing job not like i have seen ever in the period that i have been covering the company. Yeah, and j...
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CNBC Squawk Alley July 12, 2024

Many people. Tencent is one of the most active investors in the world. More than 450 investments under the companys umbrella and that is more than the number in softbanks universe and includes names like tesla, snap and epic. Thirdly, american businesses operating in china, like mcdonalds and starbucks, they rely on the wechat app for their operations so being cut off could jeopardize their business there. There are so many questions still outstanding but its really hard to understate the import...
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