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CNBC Squawk Box July 14, 2024

A couple of big stories this morning. Peloton pricing the ipo. Price tag at 29 a share raising about 1. 6 billion now valued at roughly 8. 1 billion makes about a billion in revenue but loses 245 million annually. Now under the ticker pton. The peloton ceo will join us live this morning. If you have questions sen them in peloton. 245 million in losses well talk about the math of that and where they see profits and what it all means. Does anyone know about the treadmill . I do. It is expensive. I...
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FBC Varney Company July 14, 2024

Open up higher, just a little higher, and yes, we are still very close to record highs. The dow is going to be up maybe 15, 20 points. Very small gain for the s p, 11 points up for the nasdaq, but up is the operative word of the day. Now look at this. Street battles in hong kong. That is the right word to use. Water cannon was in use, police pointed their guns. There is a report of a shot fired in the air. Chinas leader has a growing problem in his own backyard. Tomorrows october 1st. Chinas big...
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KGO ABC7 News 600AM July 14, 2024

Cooler this morning. Well get to low 90s by 4 00. Still, 7 00 away from the coast. Mid 70s to mid 80s. Lets find out about the commute. Were going to head over to napa. There is an injury and a crash. Highway 29 near redwood road. Not blocking any lanes. You can see traffic is slowing in both directions now of highway 29. Folks try to drive past the scene. Bay bridge toll plaza. Backed up towards the 880 overcrossing. And well show you some drive times. Seven minutes. Youll find the usual crowds...
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BLOOMBERG Bloomberg Daybreak Australia July 14, 2024

Saying the u. S. Is winning the trade war with china, but the u. S. Deficit is set to balloon. Toeing Warns Companies to the line if they want access to the mainland economy. Get you started with a quick check of how markets closed the window session. Stocks were higher. They pared back some earlier gains. The s p 500 ended. 8 higher with every sector on the s p 500 and the green. Retailers were also hired. Today, we saw the bloomberg retail index at a threeweek high as we saw some positive s an...
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FBC Varney Company July 14, 2024

Quarters of any publicly traded company and it lost 5 billion. The ceo says 2019 will be the worst year the losses, he says, will come down in 2021 look at that stock, down 8. 5 below 40 a share. Interest rates, the yield on the 10year treasury is 1. 69 , this is the worlds bench mash Interest Rate, and is this week s volatility, thats disruptive Financial Markets worldwide 169 right now. Here is the good news, rapidly falling Mortgage Rates you can get a 30year fixed Rate Home Loan for 3. 6 . Y...
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KGO ABC7 News 500PM July 14, 2024

Rafael into larkspur. I grew up here. I kind of remember seeing the old railroad tracks. I never thought theyd make them into something. Here they are. Here they are. A twomile 55 million extension to larkspur is now finished. New track, new crossings and a brand new larkspur station. A short walk to the golden gate ferry. Provides the ferry connection opportunity and the expanse into San Francisco. So getting the testing started today is a beginning of that next chapter. Smart will Start Testin...
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KGO ABC7 News 600PM July 14, 2024

Quote auto pilot is intended for use with a fully attentive driver with their hands on the wheel prepared to take over at any time. Also new at 6 00, no action will be taken against Sacramento Kings head coach luke walton following allegations he sexual assaulted a woman. Kelly says walton attacked her at a California Hotel while he was an assistant coach. She said he continued to harass her when he became the coach of the lakers and she was a broadcaster for a Cable Television station. An inves...
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BLOOMBERG Bloomberg Daybreak Americas July 14, 2024

Year not beating estimates. David it looks like their stock is down in the premarket about 2. 5 . Home depot before you so rudely interrupted me alix david is funny today. David not very funny. Per depot beat earnings share, a little light on revenue. They basically blamed a lot on lumber disinflation, basically. They are warning a lot about china. One is how they want to eat up the lumber costs, a 21 drop in the cost of lumber. At the same time, you have continued slowing homebuilding, but ther...
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CSPAN2 Acting Army Secretary Ryan McCarthy On Readiness Modernization Efforts July 14, 2024

Our views online and those watching on cspan today. Im the founder and president of fdd and im a pleased to welcou to our event today, ruthless prioritization, the armys realization of the National Defense strategy. We are honored today to host acting secretary of the army ryan mccarthy. Thank you so much for coming again. Working overtime to the road americas military power, to threaten our interests and those who are our allies. In the light of these challenges and to support the National Defe...
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CSPAN Acting Army Secretary Ryan McCarthy On Readiness Modernization Efforts July 14, 2024

Activeization of the defense strategy. As highlighted earlier this year, the army confront environments that are increasingly competitive and volatile. They threaten our interests and those of our allies. In light of these, the army has achieved commendable progress on readiness and form over last couple of years, but the threat remains significant in the budget remains finite. Theres much more work to the and we are ready to provide a class research. As many of you in the audience exclusively f...
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