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Transcripts For CNBC Squawk Alley 20240711

Good wednesday morning welcome to squawk alley. Im john for the with caro quintanilla and Julia Borstin well start with apple, a cost cut for Small Developers josh lipton breaks down the news for us. Here is how the new program is going to work its called the App Store Small Business Program it launches on january 1st and it does represent a big change here. Developers earning up to 1 million during the Previous Year will now be eligible for a commission of 15 on paid apps and inapp purchases, and that is half of apples Standard Commission apple says the new program will impact what it says is the vast majority of developers selling
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Transcripts For CNBC Power Lunch 20240714

Stocks sitting just off the lows of the session down is dow, s p 500 down about a half a percent we had seen more than a 1 decline. Now down by. 9 two big dow downers. Boeing falling for the second day as the fallout keeps getting worse. Also a downgrade today from Wolf Research and check shares of 3m heading lower. The stock is down nearly 20 from its 52week high and shares of tesla on track for its worst day of the year. This after a posting a loss to the quarter announcing its long time cto is moving to an advisory role. Thanks. The two other big stories today, alphabet and amazon are on the clock because theyre r reporting after the bell their stocks are higher this year but with the doj taking aim at big tech, should investors be concerned . Diedra is here tracking amazon for us josh is in San Francisco looking at alphabet. Josh, start with you so its up about 8 this year ....

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