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FBC After The Bell July 12, 2024

Kick it off with gerri willis. What a week and what a day, this is been a rotation out of tech stocks, it is getting slammed all week long, no different today, as weve been talking about today, the dow is up for the week but the s p and nasdaq not so much, both of the index down for the week, the dow, s p were on pace to snap a two week losing streak but the dow managed to fight back a little bit, as we close were seen something just a little bit different, all three major indexes down as we can see right here, as we move on, the big focus on apple today, it was on pace to enter a bear market and it did exactly that, take a look apple shares, apple below 10734 cents, it did indeed do that losing 536 billion in market value, yes with a b since its record closing high on septembea rotation out of what you would call the big tech names, we talk so much on the network, apple, google, netflix, you name it, microsoft, all the stocks are heavy pressures, as investors sold and moved into new s ....

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CNBC Squawk On The Street July 12, 2024

Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop ....

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SFGTV BOS Public Safety Committee July 12, 2024

Good morning, everyone. The meeting will come to order. This is september 24, 2020, regular meeting, the Public Safety and Neighborhood Services committee. I am supervisor rafael mandelman. We are joined by our vice chair, catherine stefani, and shaman walton. I want to thank s. F. Gov. Tv for staffing this meeting, and for your support today and every day. Mr. Clerk, do you have any announcements . Yes. Thank you, mr. Chair. In order to protect the public, Board Members and City Employees, the board of supervisors and the legislative chamber and Committee Room are closed. This precaution is taken pursuant to all local and state and federal orders. Committee members will attend the meeting through
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FBC Mornings With Maria Bartiromo July 12, 2024

Moves its way to the northeast, live to the gulf this morning. Markets this morning trading up, take a look at futures, wild week with triple digit gains for the dow industrials in record territory. Nasdaq up right now is lower but the s p 500 scored a fifth Straight Record high close yesterday and continues higher this morning up another 11 points. Airlines getting turbulence, United Airlines warning 3,000 pilots could be grounded by october. Mornings with maria live right now. Global markets are mixed, take a look at european indices. The cac quarante is up 3 points but the dax index in germany is lower by 17, in asian markets big news, japanese Prime Minister shinzo abe announcing hes resigning. He announced resignation overnight and the news weighing on japans stock. The nikkei average down 1 and a half percent ove ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Kong and shanghai. 5t includes valuation of 22 billion, more than aramcos record sale. And polenta here is also going public. There were none the most valuable private companies. It could be silicon valleys biggest listing since uber. Shery we are seeing u. S. Futures coming online much flat after we had major u. S. Benchmarks ending the new york session mix. Investors are and waiting for fed chair powells speech thursday about the longawaited framework review. Dow was pressured down. 2 , declining for the first time in four days. Gains andung between losses but managed to reach an alltime high for the third consecutive session. Six sectors were higher, five lower. Energy was actually a drag on the s p 500. Take a look at what oil is doing. Pretty much flat right now. This of course after surging to the highest level since march. Not to mention gasoline futures were also at the highest level in five months. We have hurricane lower rattling towards the u. S. Gulf coast. More than 80 of ....

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