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BLOOMBERG Bloomberg Surveillance July 12, 2024

Ask them, they know where they were that day. 9 11 is one of those rare moments, perhaps one of the only moments like it. Tom in washington, was a plane ascending with a plane ascending out of reagan, a flag unfurled along the west wall of the pentagon. Thee will be ceremonies at pentagon at the pentagon at 7 30 this morning. As you say, we moved to new york city. What a decidedly different 19th year of remembrance this is. With this pandemic, it will be a very different set of images this morni...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Tesla, apple story. It harkens back so many times to derivative excesses. We have the right guess coming coming up guests on this. Jonathan futures down hard. Down 1. 9 . Never mind the next couple of hours. What is softbank . Tom this is the heart of the matter. This is real simple. They publicly traded Company Acting in an investment capacity. Beautifully done up by the zero hedge at abu dhabi. X going to big guys, etc. X Deutsche Bank gus. Guys. People are seeing the unwind of a successful de...
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FBC Mornings With Maria Bartiromo July 12, 2024

Detecting new cyberattacks from russia, china and iraq election. The clock ticking away for tiktok. President trump says theyll be no extension for the sale of popular chinese app. Ceos calling on de blasio to crack down on crime. The dax index lower by 46, the uk economy rebounding. Gdp up 6. 6 in the month of july for uk. In uk green across the board. Best performers were in hong kong, japan and china all up 3 quarters of 1 . Now some of the top stories that we are watching this morning. Presi...
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CNBC Squawk On The Street July 12, 2024

Then nikolas partnership with gm. Why both stocks are set to surge despite of course the broader selloff. And finally, this tesla snub. The s ps decision to leave tesla out of its benchmark having a huge impact on the stock. Not the only reason, of course well explain why later on this hour jim, thank goodness youre back, man. It was good to get your take from home at least on friday amid this madness. Well, ill tell you, what i saw last week and i see today is this parabolic move. Look, fridays...
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CNBC Squawk Box July 12, 2024

Good morning welcome to squawk box. Im becky quick with Andrew Ross Sorkin and joe kernen. Welcome back both of you some big moves we are looking at today. Lets look where things stand with the markets dow futures are off by 34. The big news is happening with technology stocks. Down 343 points. Thats big you are talking 3 of the market or 3 decline for the index. Thats a big deal when you look at what happened last week on thursday, nasdaq was off 5 on friday, another one and a quarter percent. ...
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FBC Varney Company July 12, 2024

Or is Something Else to play. We will get into it but as i can see the major indexes down in the nasdaq up 3 . Following reports of the november surprise on a vaccine bio pharmacy ceo pledged to take the over speed when it comes to treatment. Tesla feeling a little dented this morning after getting snubbed by the s p 500 despite four straight quarters of profit the benchmark index says no thank you very much, we will discuss the implications of that. In Washington Congress returns as a stimulus ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Moves down again. Tom im looking for an entry point here. Purves ofael tallbacken make a separation of the equity activity we saw yesterday from bonds, and particularly from fx. Kit juckes said the same thing as well. This is very discrete to the equity markets yesterday. See it with the vix in almost two points some hour or so ago. Some improvement there. Jon i would agree with that. The japanese yen did nothing in the last 24 hours. Treasuries did nothing in the last 24 hours. The question we ...
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CNBC Squawk Alley July 12, 2024

4 , amazon off and google off. But netflix is the out liar this morning. Netflix shares really out performing this year tesla is down about 14 this morning. If you look for a full week it is down about 24 . But you know that is only about three weeks of gains it has lost it is still up about 24 over the past one month 90 over the past three. Considering that, and all of the moves that this and other stocks have had, lets get to bob with more Market Movers bob . John, 41 declining to advance in s...
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FBC Mornings With Maria Bartiromo July 12, 2024

Selloff. Yesterday the nasdaq fell almost 5 . Apple in terms of market cap loss biggest market cap lose ever in one day. The race for the white house turning to swing states. President trump talking tough on crime during a stop in pennsylvania while joe biden visited wisconsin for the first time in nearly 2 years. Later this hour i will be speaking with scott car presenter whose business burned down during kenosha violence. Coronavirus taking down the dark knight. Mornings with maria begins righ...
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FBC Varney Company July 12, 2024

Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the futur...
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