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BLOOMBERG Bloomberg Surveillance July 12, 2024

Outcome, a weaker sterling, is stunning into the Fourth Quarter of this year. Plenty onwe will have that smart note from kit juckes. Lets get to first word news in new york city with ritika gupta. The chinese owner of tiktok is gaining confidence its deal with oracle will be okd. Bloomberg has learned it is likely to greenlight the deal as long as it doesnt involve the transfer of Artificial Intelligence algorithms. President trump is ridiculing fbi chief christopher wei, who told congress that rush is trying to hurt joe bidens president ial chances through social media and his operations. Chris,ident tweeted, you dont see any activity from china even though it is a far greater threat than russia, russia, russia. The vaccine they move by moderna and pfizer are moving off increasing fears that the Coronavirus Va ....

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BLOOMBERG Bloomberg Technology July 12, 2024

Tempering expectations about the longawaited battery day. We will bring you the very latest. Any battery production will be difficult to scale. Drive tesla shares up over the last few months. Joining me now to break down the data is Abigail Doolittle in new york. Tesla was one of the ones you have been watching. Talk to us about the market rebound with tech overall. Had it earlier on, we higher, lower carmarthen higher, lower, fluctuating on high swings. What we saw at the end of yesterday, apple closed by 3 , it continued into today. The big tech names showed up once again after the selloff we saw this month. A lot of this seems to become a call selling seems to be technical selling. Correct by easily 20 , but it would be completely healthy. The chart supported that view. Correctiony had a on whether the pressure is to be seen. Lots of impressive stuff going on. That led the nasdaq 100 to the glenn 1. 9 on the day. It was not ....

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CSPAN2 House Veterans Affairs Committee Hearing On Suicide Prevention July 12, 2024

Sufficient significant discussion about veteran suicides today, let me start by sharing the Veterans Crisis line. If you were a veteran you know are struggling, please contact the Veterans Crisis line 24 hours a day, seven days a week at 182738255 and select option number one or text 838255. I want to thank everybody joining us today. Weve made Suicide Prevention or top priority and today 25 to 31 bills we will discuss or related to improving access and reducing suicide in the veteran population. The issues surrounding Mental Health care are broad and complex. Let me address some of the remarks made by the Senate Counterparts at the hearing yesterday. The committee has been trying to work with the sen ....

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CNBC Squawk On The Street July 12, 2024

Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the ....

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CNBC Squawk Box July 12, 2024

Morning. And the nasdaq is down by 182 points a lot of this is whats happening in europe right now. You dont just look at the oversees market but were going to take our queues from what is happening there. You can see the ftse down by 3. 4 and the other markets are down by more and a lot of this is coming in the last few hours. They could be considering a second lock down as covid cases there have soared theyre back to the levels in may. Theyre concerned about whats happening with the number of cases and the hospitalizations admissions doubling every 8 days theyre now looking at 6,000 cases a day and again theres been some talk of a potential second lock down there now they want to make sure that schools can stay open and that some businesses could stay open but just the threat of that, the potential for the second wave coming is enough to push all of the stocks in europe into the red. If you take a look at whats been happening with travel and leisure stocks they were down by 6 earlier ....

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