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CNBC Squawk Box July 12, 2024

Flat tire. He is on the squawk news line. What happened . Flat tire first day back with my driver. We are on 78 which leads to the new jersey turn pike which is where andrew was the other day we are getting close to the lincoln tunnel i had to wait and have another driver pick me up. That worked. The only problem was we got a flat in the express lane we had to pull over on the median with semis going by on both sides the whole car was shaking. I was like, okay, ill never be there again. So i tak...
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CNBC Options Action July 12, 2024

Professor khouw has a lesson on how the Options Market takes those in stride. Plus, hold onto your hammers home depot already reported earnings but thats not stopping tony zhang from building a trade right now. Its time to risk less and make more options action starts right now. Yeah, risk less, make more sounds pretty good lets get right to it. It has been an electric year for tesla and its investors. Bears have been, well, shocked the stock rallying again today its up nearly 400 in 2020, pande...
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CNBC Squawk Box July 12, 2024

Territory in a single trading session. For some, it was even worse than that check out shares of apple down it lost 180 billion in market cap. That is the largest oneday lost for a u. S. Listed company on record if that isnt enough to get your attention. Apple lost more in market cap yesterday than the individual market capitalizations of 470 of the companies in the s p 500 it wasnt just apple microsoft, alphabet, microsoft and even tesla saw their market caps shrink. Microsoft down by 115 billi...
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CNBC Mad Money July 12, 2024

The nasdaq up 1 and s p 2. 7 and dow declined 86 points were about to get a set of u e unbelievably set of big numbers but frankly, its horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, Sporting Goods and lumberyards that cant compete because they were deemed essential and i fear ...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

A half percent. Another thing i am watching as the rnc tax policy. Toer this hour, we are going look at taxes and how they play into wealth inequality. We are going to do that with Dorothy Brown november university. First, economic data. Confidence, 84. 8, the market was looking for 93. Ist is a week number that a weak number. This tell us something about the stimulus debate, the employment market in terms of the present situation. That has weakened significantly from the 94. 2. The expectation ...
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Equity futures after a negative close on wall street. Headlines fromop the bloomberg terminals. Better than feared. The German Government expects this years contraction to be less severe than previously forecast. The economy minister presents new forecasts today amid data from across the region. For more years . Jpmorgan says investors should position for rising odds of donald trump winning the reelection as the president visits kenosha, wisconsin. Apples production glitch. They asked suppliers ...
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CNBC Squawk Box July 12, 2024

7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this ...
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RT Boom Bust July 12, 2024

A covert 1000 patients. Today im pleased to make a truly historic announcement in our battle against the china virus that will save countless lives the f. D. A. Has issued an emergency use. Authorization and thats such a powerful term emergency use authorization for a treatment known as convalescent plasma. This is a. Powerful therapy that trance uses very very strong antibodies from the blood of recovered patients to help treat patients battling a current infection set an incredible rate of suc...
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CNBC Fast Money Halftime Report July 12, 2024

The nasdaq on track for a 5th week worth of gains here and the dow is erasing its losses for all the year at its highest level since late february, its also having its bests august since 1984. We turn to the Investment Committee for this we have just been seeing green, green, green for it seems like weeks, if not nonts months at this point it is surprising the markets have marched higher the way they have over the last several months since the pandemic lows its not all surprising all the factors...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

In terms of pmis. May look ata data august manufacturing pmi, 51. 7, in line with expectations. Economists were expecting 51. 7. The dollar dropping to a two year low. U. S. Features climbing after chinese manufacturing data that indicated exports are underpinning a recovery, and the euro leading the charge against the dollar. The weaker dollar fueled commodities with copper climbing. Lets get to the bloomberg first word news in london, this is laura wright. Expectgermany does not economic fallo...
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