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CNBC Squawk Alley July 12, 2024

Apple is above 467. 77 making it the first u. S. Company to have a market cap above 2 trillion, a discussion a few moments ago about tim cook and how he has led stewardship of the company through all kinds of cross currents josh lipton joins us to talk more about that. Josh, its funny to look at that change of market cap and think back to some of the more cautionary calls weve gotten in the past few weeks from the likes of b of a who worry about margin pressure on phones, margin pressure on serv...
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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Negative territory down by. 2 . The dollar gaining strength and crude is all over the place. You wind up having opec leaders meeting and talking about maybe extending a deal through 2022. That comes from the Saudi Oil Minister. So the oil market is trying to digest that. The big news has been what is happened with apple. A 2 trillion market cap. We knew it was coming and now it is official. Isning me more is the but you are global on fx, apple, what do you do with that . Anne from a fundamental ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

August and a different first of september that has transfixed the nation. In the markets, there is no question i am looking at a weaker dollar today, a profoundly weaker dollar. Text still lifting. Francine the weaker dollar also giving a lift to commodities. A full roundup of the asset classes. To the bloomberg first word news. Ritika President Trump President Trump claims a man arrested for killing two people in wisconsin was acting in selfdefense while simultaneously criticizing the killing o...
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CNBC Squawk Box July 12, 2024

Continuing to be all about tech. Surging since the best monthly performance since 2000 u. S. Equity futures, youll see at this point you are looking at some green arrows across the board. Nasdaq indicated up. Dow is up, so is the s p 500 well talk about zoom. It is those Technology Stocks leading the way. Looking here to date, they are up more than expected. Looking at the treasury market, it looks like the 10year is yielding around the same amount of 0. 726 . Zoom, huge news. Right now, top sin...
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CNBC Closing Bell July 12, 2024

Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more...
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FBC The Claman Countdown July 12, 2024

Notches a record close. We are up 162 points, much more than we needed. The s p up 15 points. The nasdaq up by 41. We are looking good right now. We will take all of this up with our floor show guys. Also coming up in just a few moments, weve got Philadelphia Fed president and ceo Patrick Parker who will sit down with Edward Lawrence to discuss his historic vote to change the feds inflation policies. The cleanup from hurricane laura in full force across the gulf coast as Power Companies work to ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

September. What is interesting, with the this on the screen, unconventional transaction of tesla. Additional 5an billion of shares geared toward perhaps the nonmainstream, the nonwall street crowd. Tesla is interesting because people using bubble with stocks. 2 tesla. Tom a recent secondary, even with moonshot on the markets. This will not be publicly offered. It will be Equity Distribution and distributed by banks as tesla chooses. Somewhat akin to what we saw with lesser successes. Here,l be w...
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CNBC Squawk On The Street July 12, 2024

Live this hour. Plus records watch, the plus ive got it, carl the dow aiming to erase 2020 losses and the s p heading for the best august since 1986, kelly. Wow and cocacolas restructuring strategies amid plans to streamline the drink portfolio they are setting voluntary job cuts for thousands of its workers. David, it is friday, and kelly, friday and you just sort of think back to what this week has brought us, guys alltime highs, obviously news in sports in the nba, hurricane laura, the rnc an...
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CNBC Squawk Box July 12, 2024

There. Big stocks in apple and tesla giving back gains. Ibm gained more than 3 yesterday. Also cocacola up more than 4 being looing at u. S. Equity few you are its. Something to Pay Attention to. Dow futures down around 40 points looking at first of september, and all of july and august with spectacular gains. Looking at the treasury yields looks like right now 0. 654 . Those movements with he saw yesterday were interesting in terms of the rotation. As a general matter, those had to pull back th...
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FBC Varney Company July 12, 2024

Postpandemic academy dominated by americas big tech companies. This friday morning, stocks are going up somewhere, can you believe that, we dont know how were going to close the session but the opening bell the dow will be up another triple digit, over 100 points, s p coming up a series of records of another nine this morning and the nasdaq made 39 records and moving higher again as of right now. That is the market, that is financial history, cue the fireworks, spectacular way to close out the r...
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