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Transcripts For CNBC Squawk Box 20240713

Thats something to behold. Its hadding the lowest level since march of 1999. Right now well take a quick look at my board, which is current. I can see it down 4. 13 i say that because ive been practicing waiting 12 seconds to get a quote on something that im trying to give you instantaneously. Now im back on the nasdaq and i can actually see it. The coronavirus pandemic has sapped demand for oil and global storage is rapidly proefing capacity the world is running out of room on ships anchored at sea the may futures contract for wti expires tomorrow looking out to june, the situation isnt quite as dire. Its back to more of what were used to, kind of, at least in the last couple of weeks as you can see there, june delivery under 23 a share meantime, an update now on the pandemic as we bring you the numbers as we do every single morning. Here are the latest numbers. Global cases topping 2. 4 million now with 165,000 deaths. Now, the u. S. Cases nearing 760,000 with more than 40,000 deaths ....

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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Spender. We breakdown numbers from facebook. And tictoc with digital ad dollars producing eyepopping numbers. We will do deeper. But first, the spread of the coronavirus rattled Global Financial markets, bringing them to their lowest level since the financial crisis more than a decade ago. Reporter thats right. Stocks with the worst week since 2008. It started as we saw the coronavirus fears really take over. As we see more investors repatriate their money pulling out of the u. S. Haven assets, of big difference at the close, with the nasdaq turning positive. Tag as a lastminute tech bid for the nasdaq, if you can believe it. Bank stocks have been driving the market, as we see. A big hitter i want to Pay Attention to is apple, apple up us the ceo coming out and saying the coronavirus should not make a huge difference in terms of moving supply chain, but still reading concern ....

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Fail miserably. But he says that is all part of the magic. Joining me today on bloomberg studio 1. 0, astro teller, head of alphabets x lab. And captain of moonshots, which is your official title, as i understand it. Astro it is. I function as the ceo, but i go by captain of moonshots. Emily you rolled in on wheels. This is your standard mode of transportation . Astro it is. Emily how much time do you think you shave off . Astro i have worked that out. Its about eight minutes a day. Emily wow. [laughter] astro its a big building. Emily you are making the most of those eight minutes. We are in the x lab, just a couple miles south of googles headquarters. This is where the magic happens, or sometimes doesnt happen, as you are quick to point out, because you have far more failures than you do successes. What is the mission of x . Astro x was created to be the part of alphabet that would make, hopefully, some new googles for alphabet to have. Things like waymo, the selfdriving car business ....

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Transcripts For BLOOMBERG Bloombergs Studio 1.0 20240713

And weapons the promise and the peril of the digital age. Im tom giles, in for emily chang. Joining me today on bloomberg studio 1. 0, brad smith, president of microsoft. Tom brad, thanks for being with us today. A lot of the last year has been spent talking about and spilling ink over this complex relationship between the u. S. And china. Id like to hear more about your concerns about the way this is playing out between the u. S. And china, and what impact that could have on u. S. Technological leadership on a global arena. Brad the u. S. Is the Digital Technology leader in the world today, but one of the important things for all of us to remember is that we dont actually invent or create technology by ourselves. If you buy an American Technology product, a product that is made by an american company, in all probability, it consists of inventions that came from
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Transcripts For BLOOMBERG Bloombergs Studio 1.0 20240713

The message beyond microsofts campus with a new book, tools and weapons, the promise and the peril of the digital age. Im tom giles, in for emily chang. Joining me today on bloomberg studio 1. 0, brad smith, president of microsoft. Tom brad, thanks for being with us today. A lot of the last year has been spent talking about and spilling ink over this complex relationship between the u. S. And china. Id like to hear more about your concerns about the way this is playing out between the u. S. And china, and what impact that could have on u. S. Technological leadership on a global arena. Brad the u. S. Is the Digital Technology leader in the world today, but one of the important things for all of us to remember is that we dont actually invent or create technology by ourselves. If you buy an American Technology product, a product that is made by an american company, in a ....

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