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Transcripts For CNBC Closing Bell 20240622

bailout bill has gotten underway in the last hour. a vote on that bill is due within the hour. michelle caruso-cabrera standing by there where it s 10:00 p.m. local time in athens. and you ve got a busy night ahead of you, michelle. reporter: yes, we sure do, bill. so yes, let s get everybody up to speed. there are crowds back in front of the parliament. things are much calmer than they were about 15 minutes ago. the last ten minutes of president obama s discussion with reporters is when we started to hear explosions outside. that s when we saw molotov cocktails being thrown. we weren t surprised because we had seen some of the protesters show up dressed in black, wearing hoods, some of them carrying gas masks. seemed to be a very, very small group. and we haven t seen any violence up until now. we thought maybe tonight it could has been. and, indeed it did. you can see from the video we re showing you, a round of fires lasted about 10 or 15 minutes. right away. the tear

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Transcripts For CNBC Closing Bell 20240622

he knows how to build hype. commodity crush. gold futures hitting their lowest levels since april 2010. live at the nymex on what is driving this precious metal lower. it s the stronger dollar of course. google on a tear. have you seen this yet between the two classes of stock, nearly 20 million shares changed hands today. growth in youtube business is top of mind after last night s earnings report. we ve got the co-founder of a media company that specializes in youtube talent. we had to brush up on our youtube talent to prepare. you should see the amount of money these people are making as talent on youtube. and the amount of clicks they get. the new york fed says the strong dollar could lead to a hit for gdp. jan hatzius gives us his take on that the economy and latest forecast for the fed. let s start with tesla and elon musk with his latest announcement. phil lebeau has the ludicrous details for us. i know you want to go in the ludicrous mode when you ge

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Transcripts For CNBC Closing Bell 20240622

the ceo of boyd gaming will discuss where he sees growth. today we have henry tao, steve grasso. should we be as concerned over what s taking place in china? i don t think the u.s. market should be concerned at all. in china only 15% of household assets are in the chinese market. people are not spending according to what they make in the chinese equity market. i don t think there will be any substantial impact on the u.s. earnings at all. do you buy that rick? not even a little. i don t disagree with his information. i do think there are many aspects to china unique to china. many have no problem when commodities were racing and copper was racing saying this represented global demand. maybe it was china s demand. i think that this reversal may not be exactly correlating. let s speak or let the market speak for themselves. the dollar index, bund and dax all hit the same levels in july. when i see the dow, it s not everyone s favorite gauge of value, but the lowest leve

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Transcripts For CNBC Closing Bell 20240622

electrovehicles. they publish everybody s income tax returns. should we publish that here? how much everyone makes, what their house is worth? and the corn is this high in kansas right now. everything is very very green, by the way. you are not allowed to take another vacation. neither are you. the markets seem to be celebrating today. stocks up nearly 1%. dow up more than 200 points. more focused on earnings than the volatility in the chinese market. energy stocks leading the charge today with the s&p energy sector up nearly 3% and some big gains in names like exxon. take a look at twitter, rallying ahead of its earnings report. we ve got an analyst saying twitter is his least favorite stock he covers. find out why. see if they wait until 4:00 to release twitter s earnings unlike last time when they were leaked early. homeownership hitting its lowest level since 1967. we have a former fed official with us who will tell us why she thinks monetary policy could be to

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Transcripts For CNBC Fast Money 20240622

service from last quarter. also in focus any update on twitter s ceo search and of course guidance on upcoming quarters when the company expects its product overhaul and when it expects that to help start adding user at a faster rate. back over to you. thanks so much julia boorstin. what s our reaction to twitter? it s this whole mau-sms user growth quality which is really in question right now. to use your term it s interpret meh. we could see the stock unchanged. rallied 5%. sentiment was poor. i don t think expectations were particularly high. but those two numbers right there, that s the problem here. that audience isn t growing and until it starts seeing some real growth there advertisers just there s other places to go with much bigger audiences. listen, i m long the stock. i m sticking with it. i think there s a certain scarcity value about the product here. but a lot of things have to go right over the next few months especially in a market environment where int

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