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Transcripts For FBC Varney Company 20240712

Debates backtoschool, voters are not allowed to see or hear him say those words. Almost immune. We have a lot more on this, believe me. Lets get straight to your money. An economic indicator, here it is, 1. 19 million new jobless claims. That is the lowest number since the economy tanked. It is very good news for the recovery. The trend in new claims is flat out down. The dow industrials taking a little heart from that. We were lower, now were going to be up maybe 30 odd points. Not much of a gain. Theres a lot of green on the lefthand side of the screen. The market story is the march to new highs. The techheavy nasdaq already hit several records this week. The dow is at the 27,000 level. Thats up 8,000 points in four months. Theres a lot of very positive news in the background. Positive vaccine news. That helped. Dr. Fauci says well have tens of millions of doses of the vaccine available early next year. Heres another plus. If congress doesnt come up with a virus relief package, the p

Transcripts For CNBC Squawk 20240703

Two tech ipos making headlines. Plus Morgan Stanley, as carl just mentioned, upgrades tesla. Analyst adam jonas predicts a 60 rally, largely fueled by a. I. Were also getting shares of qualcomm up ahead of the open. Chip company saying it will supply apple smartphones through 2026. Lets begin with jim in san francisco. As we said, dreaming up for gearing up for dreamforce. Jim, going to be a busy week. Whats really crazy is that theres adam jonas just stealing the whole show. Theres conferences in washington, theres conferences in san francisco, and he makes it so its about tesla. All i can tell you is that out here, its just dreamforce is the aai force. David, you know this from when you were with musk. If you dont talk about a. I. , you sound like youre clueless. If you do talk about it, you better start having something to back it up. Adobes got it. Oracle tonight. But theres a lot of just a. I. Chatter that i think is just chatter, david. Right. And that is a key question for inves

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