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CNBC Closing Bell July 11, 2024

Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of th ....

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BLOOMBERG Bloomberg Markets Americas July 11, 2024

Participating in the trial. We want to break it down more. What do we know . What are the questions . Reporter pfizer is telling us they have a vaccine that appears to be more than 90 effective. They studied this immunization in 43,000 people, and within about a week after the second dose, they found that more than 90 of people who got the vaccine were protected against the actual coronavirus. Know that it didnt take very long. We dont know the actual numbers of how we people were infected, but if we are looking at more than a 90 effectiveness rate, which was much higher than anyone expected, we are getting suggestions that this vaccine is quickly protective for many people. We still dont have news on how long it is going to last. We dont know whether or not there will be any safety signals. After that, they might be filing for emergency use authorization. Jonathan what kind of vaccine is this alix what kind of vaccine is this . Vaccine. It is an mrna theres nothing like this that exis ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

A little bit more u. K. What weve got today, Kevin Cirilli, our chief washington correspondent, makes clear when he is on after midnight, we are not going to know many of these outcomes. Jonathan we do better because it is shorter and it is cheaper. We hope wednesday morning we have a result. This market fears this could drag out for a long time. Sea, wem sea to shining are having a vote occur right now. We see a number of institutions already. How about the bank of America Stadium in the carolinas . Carolina playing at kansas city this weekend. This is the first of the disciples in west palm beach, florida. It is a beautiful church, ravaged by hurricanes over the years. Yet today, there is the peace and calm of voting. I want to make clear that within the punditry, there is a question. How big will the turnout be after 98 M ....

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BLOOMBERG Bloomberg Technology July 12, 2024

What it is, and why it is wreaking so much havoc for social media companies. And it is halloween eve. Night. Iller, but triller we will have the executive chair of the social media platform sued by tiktok. Those stories in a moment. Also this hour, we will be speaking with the ceo of overstock. Com on supply Chain Technology ahead of the busy retail season going into the holidays. Later, i will have an interview with the ceo of blue apron, which reported results yesterday. Dropping, u. S. Stocks capping their biggest weekly route since march after tech earnings disappointed investors concerned the slowing economy will dampen assets. Lets get to Abigail Doolittle in new york. It was a crazy week just ahead of the election. Walk us through your roundup. Abigail yes, it was a crazy week, a wild week. Two down weeks. That is another piece of the story that the bears have bee ....

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CNBC Mad Money July 12, 2024

Even if all those stuff matter today which the dow lost 222 points maybe we should leave room for Something Else maybe we should leave room for leadership the kind that allows companies to transcend macro out performance. Leadership like the kind of leadership we are getting from dr. Lisa sue, the ceo of amd for those of you who have been living under a rock, lisa sue, may be the formal executive at our time she arrived to our country she went to mit where she picked up her bachelor and masters and phd, shes a total east coast heavy weight she came to amd in 2012, took over ceo in 2014, back when the stock was trading at 2 bucks at the time amd was one of the worth Balance Sheets of any publicly traded company. Lisa su is one of the most competitive people i have ever met even though her background was not engineering. She knew it before she could design new chips that was th ....

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