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Transcripts For CNBC Power Lunch 20240712

The s p and nasdaq hitting record highs were waiting minutes from the last Federal Reserve meeting which could be coming any second now. Apple hitting 2 trillion in total market value thats a double in just two years. Its phasing major risks to the bottom line. We will explain what those are as apple goes up unlike other big bock retailers, the stock is surging as you see right there. Power lunch begins right now welcome. Im kelly evans, as we await the minutes from the fed, its the financials lading the way. Take a look at these top performers, airlines, cruise ships powering high, modest gains, but also inindividually is trading near its alltime highs. Its doubled this year and is reporting earnings after the bell today well have more on nvidias monster run. Ty fed minutes just released Rick Santelli is looking at the headlines. Hey, rick. Indeed, one of the big issues was the way the Federal Reserve was going to tweak the way it looks at inflation, various policysetting tools they h

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