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CNBC Closing Bell July 12, 2024

High end model with the biggest screen yet but shares are slipping after yesterdays big gains. Banks but are in the red a busy afternoon 59 minutes left of trade the dow down 157 or so. Lets get to the big stories. Josh lip ton has the latest from today as apple each. We have the latest on eli lily and we have the Broader Market action josh, apples shares are slipping today, but still higher so far for the week. Wilf, apple bulls will argue what you saw today is the start of a new iphone super c...
New York United States District Of Columbia David Ellison Mike Wilf Jeremy Foust

CSPAN2 Pharmaceutical Executives Testify On Drug Pricing Day 1 July 12, 2024

Welcome to the to todays hearing. Pursuant house rules, some members will appear inperson and others will appear remotely via webex. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals attending this hearing in person must wear a face mask unless they are speaking. Members who are not wearing a facemask will not be recognized. Let me also make a few reminders to those members appearing in pers...
United States Wasserman Schultz Cara Schultz Bristol Myers Squibb Kara Schultz Elisha Cummings

CSPAN2 Pharmaceutical Executives Testify On Drug Pricing Day 1 July 12, 2024

Ceos testify on Prescription Drug pricing. Members question why the retail price of their drugs frequently increases and at a rate that far exceeds inflation among other issues. This is just under 4 hours. Welcome to the to todays hearing. Pursuant house rules, some members will appear inperson and others will appear remotely via webex. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals atten...
United States Wasserman Schultz Cara Schultz Bristol Myers Squibb Kara Schultz Elisha Cummings

CNBC Options Action July 12, 2024

Surging up more than 60 in the past month the crude revival comes after opec agreed to extend its cuts amid positive xhuk data and demand is about to return to the market and carter worth says it has gone too far too fast. Carter, take it away this is a poor area of the market for a long time and it collapsed here with the covid cover and the first, of course, is the table and if you look at the ten sectors and it composed with the s p 500, that which is down the most is often that which is down...
United States Colin Carter Carter Worth Area Market Consumer Discretionary Home Depot

CNBC Worldwide Exchange July 12, 2024

And social change and the impact of racism and economic growth. Its monday, june 15th and youre watching Worldwide Exchange right here on cnbc. Well, good morning, good afternoon, or good evening and welcome from anywhere in the world that you might be watching thank you for starting your week with us here on cnbc if your just joining us or waking up you might want to grab another cup of coffee. Dow futures are off their lows but theyre down 630 points right now. A couple of hours ago, dow futur...
New York United States South Carolina South Korea Kate Rogers Larry Kudlow

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

The s p 500 up. 3 . The big outperform or are the small cap domestic stocks, a safe haven away from of the global macro tensions we are seeing. 5 30 curve, the steepest you have seen going back to march. That risk on tone continues here ash crude markets, up 3 , opecplus continues to extend discussing those record cutbacks they are seeing for an additional month. For more on this uncertainty between risk on an risk off we are seeing in the markets, i want to welcome carol schleif, abbot downing ...
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BLOOMBERG Bloomberg Markets European Open July 13, 2024

From the bloomberg terminal. Most improved player. President trump softens his criticism of Jerome Powell but the two disagree when it comes to negative rates. Traders price the fed going subzero early next yeek. Italy doubles down the government passes a much delayed 55 billion euro stem luis package but is it enough . Watch the b. P. Trade today. And america first. Or is it Americans First . Sanofi says the u. S. Will be first to get its Coronavirus Vaccine. It took the most risks in terms of ...
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Job losses. The consensus for the Unemployment Rate is a sharp rise to 16 , the highest since the great depression. U. S. Fatalities from the coronavirus talked 26,000 75,000. The u. K. And france prepare for easing measures next week. A positive u. S. China trade talk call. Christine lagarde says the ecb must go beyond normal tools. Welcome to bloomberg daybreak europe. Lets get the breaking news in terms of earnings. It isng with siemens, cutting its fullyear revenue to moderate drop from a mo...
New York United States City Of United Kingdom San Francisco Anna Edwards

CNBC Squawk On The Street July 13, 2024

Week yeah. This is the expiration day so what happens is you actually its tomorrow, but people are trying to prep it what happens is rusty braziel explains to me, the rollover from the may contract to june occurs tomorrow. The reason that happens is because the may futures price converges with cash and expiration so in other words, youre looking at what the real price is its not the futures price so what happens is that imagine if youre producing at 32 a barrel, 33 a barrel like occidental, that...
United States David Morris Michael Jordan Carl Quintanilla David Faber Shaquille Oneal

CNBC Squawk Alley July 13, 2024

Comfort comes in to pier 90 here in midtown manhattan, a sign that more help is on the way. We are expecting news conferences shortly from the mayor bill de blasio and new yorks Governor Andrew Cuomo here, sara. Contessa, ill take it. Remarkable pictures as you said of the Field Hospital in the park and the comfort. Well be watching for the governors briefing we think in the coming moments good monday morning. Im Carl Quintanilla with Morgan Brennan and jon fortt, as we continue to practice soci...
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