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FBC The Evening Edit July 12, 2024

The commemoration day of 9 11, thats now in the works. This time its between bahrain and israel. And its saudi arabia next. That story is also coming up. Also tonight, former Trump Deputy National security adviser kt mcfarland on this story, william barr and Lindsey Graham now both say get ready for new developments coming in the criminal investigation of the trumprussia probe. And a separate development, a top prosecutor resigns from the durham probe. We break that down. Also a story we brought...
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CSPAN3 FBI Director Wray Testifies On National Security Threats July 12, 2024

The dedication of the dwight d. Eisenhower memorial live online at cspan. Org or listen live on the cspan radio app. The House Homeland Security Committee Hearing just wrapped up with fbi director crist mer wray taking questions. Acting Homeland Security secretary chad wolf subpoenaed to testify in todays hearing but did not appear. The committee is chaired by congressman bennie thompson. As i said, the committee of Homeland Security will come to order. Without objection, the chairs authorized t...
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CNBC Power Lunch July 12, 2024

This follows the fed chair powells comments on an uncertain economic recovery. Airline stocks are lore wer as e group pushes for more money. Time we got the details on that. Later moderna laying out its time line for vaccine as President Trump and the cdc contradict each other about when one will be fully available to americans. Maybe were splitting hairs a little bit maybe not. Well separate fact from fiction. Kelly, bye it feels strange to be this close to someone other than any husband. Lets ...
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FBC Cavuto Coast To Coast July 12, 2024

People will choose shopping online, if they do any shopping at all. Obviously target is ready. Bracing itself for what could be big crowds. They see something a lot of economists, for example, do not. Were keeping a close eye on that. Push, pull, obviously on the jobs front. You heard about claims, still below 900,000. They did hit week over week. One of the things barometer of continuing claims, they fell by 167,000 to bring us to about 12. 6 million. Surprisingly good news on new home sales, j...
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CNBC Fast Money Halftime Report July 12, 2024

But brad, welcome, its good to see you again. Great to see you. Thanks for having me. I wonder as a tech investor what you make of the nasdaq and that sector the last few days. Is it a simple correction or something more you probably saw last night i tweeted, pullback . What pullback . Precovid the multiple on the soft way growth index was about ten times sales it peaked about a week ago today were at 13 time sales were still 30 higher valuationses in software than we were before the paechbd. Th...
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FBC WSJ At Large With Gerry Baker July 12, 2024

And even in the modern rah, there have been accusations that someone is fing things. President john f. Kennedy pocked fun as said at a speech in 1958, ive just received the following wire, dear jack, dont buy a single vote more than necessary. Ill be damned if im going to play for a landslide. Supporters of Richard Nixon contest that kennedy sr. Paid for just the right number of votes in a certain county in illinois to make sure that kennedy won the close president ial election in 1960. Most ele...
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FBC After The Bell July 12, 2024

Here all three of them in the red today. As you just saw the dow finishing down 130. The s p down 28, the nasdaq down 140. We were concerned it was going to slip further into correction territory. Did not do that but not by a lot, my friends. What was going on there . Big tech, momentum stocks having the most trouble here today as we start to think about the recovery, is it real, whats going on with the concerns that the improvement in the economy may not be what we need . The momentum stocks, a...
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CNBC Closing Bell July 12, 2024

And tech is staging a comeback, or at least it was, after yesterdays big losses well off the highs. Another brutal day of nikola the first sell rating on wall street and colorados governor warning of a potential wave of Coronavirus Infections the governor will join us with the new measures he is taking to try to stop the spread first up, lets focus on the big stories were watching one hour left of trade we have the latest on the stimulus stalemate in washington a half hearted bounce this morning...
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CNBC Mad Money July 12, 2024

Were learning in the wake of the shocking ipo yesterday where buyers seemed indifferent to the share price if you wanted to buy snowflake, you had to sell something else, which triggered a selloff in the nasdaq, and that spread today, with the dow dipping 130 points, and the nasdaq losing 1. 27 . A lot of people call into question what theyre doing paying such high prices. We saw the spectacle of a stock trading at more than 100 times, not earnings, but sales. Dont get me wrong, snowflake should...
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CNBC Mad Money July 12, 2024

Stimulus package to stave the stock market thats ridiculous. Today, we got an idea what happens if theres no grants as far as the stock market is concerned, its not that big a deal the dow gained 52 points, s p inched up, nasdaq advanced i dont want a stimulus package to save the stock market, i want a stimulus package to save an industry i know all too well, the hospitality industry, which i can tell you from my ownership stakes, is getting destroyed by the pandemic millions of jobs are on the ...
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