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BLOOMBERG Bloomberg Technology July 12, 2024

Twitter saying that many of those votes are many of those comments are misleading. We continue to feel, the senator and i, we continue to feel very good about how things stand. We have no doubt that when the count is finished, senator harris and i will be declared the winners. I asked everyone to stay calm. The process is working. The count is being completed. We will know very soon. Be following the results, live reports from pennsylvania, where we are just learning that the Truck Campaign is f...
New York United States North Carolina San Francisco South Korea Abigail Doolittle

FBC The Claman Countdown July 12, 2024

Crucial states. Markets are proceeding very cautiously. They are mixed at this hour after the dows 650point monday meltdown. We are only adding to that right now. Getting a little uncomfortably close to lows of the session. We are down 185. The low is a loss of 196 at the moment. You can see the s p is down seven but the nasdaq is holding on to some green here, up 50 points. No surprise, then, that megatech is powering the markets leaders. Could all that change tomorrow, when the top brass from ...
New York United States Beaver Creek West Salem Eagle County Robert Schiller

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

BLOOMBERG Bloomberg Technology July 12, 2024

Delivering food than transporting passengers for the first time ever. Slightlyes are down after hours. I want to bring it abigail doolittle. I want to start with uber, engagement down 44 . That is the measure of how many passengers they are transporting. What they made in food delivery did not make up for what they lost. Abigail it is an interesting quarter because they beat the estimates but revenues fell for the first time ever. As you were just mentioning, their primary business of ridesharin...
United States New Zealand Bloomberg Emily Kurt Wagner Patrick Spencer Emily Chang

BLOOMBERG Bloomberg Technology July 13, 2024

Coronavirus and almost 100 deaths. This as lyft, pelaton, grub hub and tmobile report quarterly results. Its a mixed bag. I want to bring in taylor who has been covering the markets today. Walk us through the resiliency of tech in general. You saw the s p and the dow down. But again the nasdaq rising. Unbelievable. I think a lot of the earnings have come in much better than expected. Youre getting the sense that the tech sector here is sort of a defensive sector in this new environment. Its also...
New York United States San Francisco Bloomberg Emily Mike Sievert Grub Hub

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CNBC Closing Bell July 13, 2024

Flat for 2020 as tech continues to lead the gains. Financials and utilities amongst the worst performers today coming up on todays show, we will speak exclusively with sap ceo Christian Klein about his companys efforts to develop a coronavirus Contact Tracing app and what hes hearing from customers about the state of local business and the earnings reports will come fast and furiously this afternoon highlighted by lyft, grub hub, tmobile and well speak with tmobile Ceo Mike Sievert ahead of his ...
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BLOOMBERG Bloomberg Markets European Close July 13, 2024

Markets as the president suggests it could be two weeks of pain for the country. The indices are lower by about 3 apiece. We are off our lows right now. Some treasury buying on the 10 year. We had a massive build in crude oil inventories. We did see crude oil dip, but we are back at 20. 51. Inventory is the least of market worry at this point. The dollar index 99. 64, just a little bit of lightening up in liquid if the issues and the difficulties in that market. Lets go deeper into the markets a...
New York United States District Of Columbia City Of United Kingdom New Jersey

FBC Cavuto Coast To Coast July 13, 2024

Hey, connell. Cohn cohn were connell were getting hit grim milestones with the covid19 it would appear. Total number of cases will top 200,000 by end of the day. The in new york city the death toll has topped 1000. 43,000 plus infections, death toll at 1096. Now one of the issues here locally has been how to keep the firstresponders safe. If you look at the nypd, the new York City Police department, 15 of the workforce has called out sick. You know that adds up to about 5000 workers. So a little...
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ALJAZ NEWSHOUR July 13, 2024

Virus than in china. And india launches a search for a suspected corona virus cases after thousands attended a religious gathering potentially exposing them to the virus. A lot done in senegal but with limited access to clean water there are fears about how far infections could spread. Hello the coronavirus pandemic is continuing to spread across the globe with countries taking drastic measures to curb transmission and save lives both france and spain have recorded their highest death tolls in a...
United States New York Iberian Peninsula Spain General United Kingdom Hong Kong

BLOOMBERG Bloomberg Technology July 13, 2024

Give truckers more time at rest stops . First, to our top story. Wework says job cuts will start this week. The struggling Office Sharing startup said that cuts will improve efficiency and accountability. Bloomberg has learned that about 2000 jobs will be eliminated, some 16 of weworks global workforce. Ellen huet joins us with more. What do we know about these layoffs and where it fits into their broader strategy of slimming down, if you will . Effort that has been going on in bits and pieces b...
New York United States Hong Kong New South Wales Leanna Baker Ben Brody

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