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FBC The Claman Countdown July 12, 2024

Coming up, the newest entrant in electric vehicles now paddling its way into the Public Market with its skateboard inspired suv and the spac helping to move that power. In their first joint interview, the ceo of canoe, have you heard of this, theres a waitlist, yeah. And special acquisition player Hennessy Capital acquisitions, they are here for you. Republicans getting their turn to answer back after the dncs biden harris led assault on the trump white house. We are live on the ground in North ...
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FBC Varney Company July 12, 2024

The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home dep...
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Yesterday, were up the inflation rate as well. They saw exports came in at 13. 3 contraction. The headline number, 16 point 60 contraction. 16 contraction. Tom the question is whether on the fiscal side they will need to do more. The markets. N with a mixed picture in terms of sentiment from investors. You have got some significant southgs in japan and korea. The asiapacific almost back to the prepandemic levels. 169 is what you are looking at. Over on the mainland we have got red on the screen....
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Microsoft overnight. That is being digested as well by u. S. Investors. You have the currency offshore at seven, currently. It is weakened by about 2 10 of 1 . The aussie dollar is looking like that, said he six. The euro is flat. The bloomberg dollar index is weakening, down a 10th of 1 . Lets move it down. The stock was suspended on july the 13th after they failed to get a renewal for their license. Currently trading at 10. It is down 30 . It just reopened after a 10 day suspension of trading....
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BBCNEWS Do Black Lives Matter in Brazil July 11, 2024

The big Silicon Valley Tech Companies had a hugely successful 2020, prompting more questions about their overwhelming dominance in financial and business terms. From san francisco, James Clayton reports. There have been winners and losers from this pandemic, and some of the biggest winners are also some of the Richest Companies in the world, based around san francisco. Take here at apple, last week, the Company Posted record Quarterly Sales of more than £80 billion. At that rate, during this 2....
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BBCNEWS World Business Report July 11, 2024

The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny� s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the ne...
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CNBC Squawk On The Street July 12, 2024

Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks iv...
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FBC The Claman Countdown July 12, 2024

We are up 96. Just a second ago we were kind of below that so youve got to stay with us with the whole hour. The dow, by the way, which had been up as many as 219 points earlier, was down, up, down, up, now it is better by 72 points. We are watching all of this as investors weigh rising coronavirus cases which now top three million and balancing that, positive news on the vaccine front. As businesses wait and wonder when they can reopen, one of the nations hottest franchises is warming up its ma...
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BLOOMBERG Whatd You Miss July 12, 2024

Cyclical recovery here. I guess thats something for the day. Based on the Technical Levels like the 200 day moving average, there are bullish signals out of the small and midcap space. Caroline what is the number one risk on your mind . Please ask that again . Caroline what is your number one risk . U. S. China . Deteriorating earnings . Coronavirus and a lack of a vexing . Vaccine . There are always risks that keep you up at night. Longerterm, ive never seen the monetary stimulation i have seen...
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FBC Varney Company July 12, 2024

Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities i...
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