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FBC Varney Company July 12, 2024

The swing state of pennsylvania. How will voters react one week from the election . Its the final sprint to november 3, joe biden will leave his house to attend to events in georgia and when questioned about his relaxed schedule, he said every day is a 12 hour day. The president keeps up eight torrid pace heading to three states today pulling in huge crowds with tens of thousands attending the three events in pennsylvania yesterday and by the way, 62 million have already voted, 20 million in person and 40 million by mail. To the markets, way down yesterday, closing down 650 with the most modest of bounces this morning no bounce at all actually the dow jones will be down a couple points. Lots of corporate profit reports, they remain strong and we will bring in the highlighted a moment. The big earning report comes as afternoon. Microsoft reports and that may set the tone for the markets. As always, a big show for you with the president on the campaign. Rachel campos who wants her nine k ....

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CNBC Fast Money Halftime Report July 12, 2024

I dont know if its so much will these reports be good i think the question is how good do they have to be well, theyre going to probably have to be extraordinarily good we saw what happened with microsoft already. The numbers were great across the board for the most part. The stock went lower and continued to go lower after they gave the guidance that they gave i think thats part of the elements of what were going to be looking at today, scott, is not only the earnings but what does the guidance look like for many of these Different Companies were talking about, the power four or five when you really look at whats going on there, its still about apple one and the bundling package, i think thats huge it goes back to the idea that this was once a Hardware Company that was mass, rigive and the hardware component was huge. Thats been a good thing because the reliance on th ....

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FBC Varney Company July 12, 2024

Bouncing back a little. Remember, please, this is how we started out monday. It ended badly. All right, walk into a super market just about anywhere in the world and several aisles will be dominated by proctor gamble. Here is the news. They are doing very well. Profit is up, revenue is up, outlook outbeat and p j, one more example of companies turning in Strong Financial results and the stock is up. On the campaign trail, joe biden stays home. No media appearances for 4 days. How convenient. Hes safe from pesty reporter questions and gaffes and fatigue. Hes preparing for thursdays debate and for the rules for that debate have changed. Theyll be a mute button to kill mike mic of candidate if he he running over time. So keeping it out of the debate is in my opinion a form of bias against trump. Another development, in pennsylvania, the Supreme Court says they can keep counting ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

Big internet companies, that was the worst sector yesterday. Investors bidding those higher into earnings. One note, something that is not different, supporting the idea fundamentally nothing has changed, investors looking past it, we have a lower low on the s p 500. Sharply,ave oil down heading to the worst week since april. Commodities, and wrist asset down in a bait way. David to add one further complicate in fact are, look at the 10 year. We are above 80 basis points again. That is a risk on reaction. How does that fit with commodities . Abigail great question. You have bond selling off. The 10 year yield back in the top part of this years range, suggesting it will make a move for 1 . That will be wrist on because it would mean investors going out of bonds and could also pressure stocks. On the week, bonds are rallying. On the week we have a big haven bid, big haven bid for the dollar. The dow and s p 500 heading for the worst week since march. We also have crude oil down in a big ....

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FBC After The Bell July 12, 2024

Facebook, twitter set to report quarterly results. More importantly get a little bit of a sense for the out look of what is a uncertain future. Well hear from some of the biggest names in american business. So lets get to it. Fox Business Team coverage. Lauren simonetti and susan li are standing by. Edward lawrence on the recordsetting Economic Growth i mentioned. Edward in washington. First we have the panel, lance ulanoff, geir i hry b. Smith gary b. Smith, scott, an erin gibbs joins us from gibbs wealth management. It will be a fun hour to go through all of this. Amazon is the big one. Amazons numbers are just coming out. In the Third Quarter, amazon already reported 96. 1 billion in sales in a quarter. That is comfortably above the analyst estimates. They were supposed to be up 32 1 2 it were around they blew through ....

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