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CNBC Street Signs July 12, 2024

Unprecedented disruption the swiss luxury giant flags a strong recovery in china heineken trades lower as the beer maker plunges prompting the group to intensify cost cuts. In frankfurt, the ecb faces a crucial test will look to prove that it has more fire power needed we bring you more coverage to this runup to decision time. The chinese stock markets plunged into the close despite encouraging growth data. Shanghai composite 4. 5 lower. Marking the worst daily performance in each index since fe...
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CNBC Squawk Alley July 12, 2024

Becomes a cash flow power house in your words. We think were seeing the part of the possible and the buzz kill of the probable coming together the worlds alarmer tam. The worlds most energetic, enigmatic, courageous ceo. A phenomenal human being in many regards, and then against that, and also frankly the product has a huge lead on anything else in the market on the other side of that to extrapolate that out, 10 or 20 years, investors are making a number of bets theyre betting on the legacy guys...
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FBC Lou Dobbs Tonight July 12, 2024

On the world by china has infected an additional 2. 8 million americans and culled 86,000 and killed 86,000 more. 3. 8 million have been infected. 141,000 have now been culled by the china killed by the china virus. Daily cases up by 154 in that same time period, but as the president reminds the leftwing National Media expect radical dem defeatists, is the most important number in all these statistics is the number of deaths. Daily deaths have actually fallen by 68 since the Task Force Last brie...
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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

Wells fargo a bad day as they put up a disappointing quarter. The first loss since 2008 and they cut their dividend from . 10 from . 21. A choppy day in a choppy time. David we are also getting mixed messages about the coronavirus. Yesterday it seemed like the news coming out of california may have triggered some of that happening. Why would that hit the faang . I thought if we had more coronavirus we like the faang better because we have to use it more from home . Abigail i think the two are a ...
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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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BLOOMBERG Bloomberg Surveillance July 12, 2024

On this thursday, jobless are front and center jon jon . A News Conference center. Jon a News Conference over the weekend, lisa, i love this about the great depression. That after delivering record fees worldwide for the firm. Just try to reconcile those things for us. Lisa its a boom of fees in a time of incredible uncertainty coming on the heels of fiscal stimulus and the question is how do they pair these realities . We will have more on that decision at 7 45 a. M. , i am watching it even tho...
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FBC The Journal Editorial Report July 12, 2024

Theres a lot of commentary, some people saying its a win for congress and the prosecutors, some for trump, what do you think . Well, it is a split decision and frankly it was john roberts finest day, a lot of controversy, here he managed to hold together two 72 coalitions, alito and thomas were sort of with him in general, they meanted even more basically. The cases will now continue. Its not a slam dunk that we are going to see the tax returns tomorrow or anything like that, and effectively pus...
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FBC Varney Company July 12, 2024

Diego, it will be Online Learning only for the rest of this year. That is shut down. The l. A. Teachers union demanded medicare for all and the defunding of the Police Department as a condition for reopening. What has that got to do with education . Leftist politics rules and the largely minority student body in Southern California will be deprived of a meaningful education. All right. Lets talk about money. Earnings season has begun. Look at delta. Lowest revenue in 30 years, 3 billion forked o...
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FBC The Claman Countdown July 12, 2024

Tech names may be beneficiaries of a decision the United Kingdom has made when it comes to huawei and 5g. But wait a minute. The big banks did send up some warning flares in their quarterly reports on this first day of Second Quarter earnings season. Why are the biggest names in finance fast inflating their Rainy Day Funds . What do they see that you might not . Our floor show traders are on it. They will shine a light on it and explain. Just as teslas stock bubbles even higher, here comes a pot...
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FBC Mornings With Maria Bartiromo July 12, 2024

Group. All of the numbers as soon as they hit the tape this morning. Futures showing a mix bag as you can see, excuse me, we have that is arrows across the board. Nasdaq up 34 and a half, s p is up 11 this after yesterdays crazy lateday selloff. California announced lockdowns and when the announcement came through that really did hurt the market. The dow barely holding a gain. We will see if we can do better today. Well, jumping species. Animal to human virus contraction may become more common. ...
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