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Transcripts For CNBC Street Signs 20240713

Breaks on future higher call volumes offset by lower revenues. Helping the german telco beat expectations an insurance warns casualty claims to top the year the underlying performance, wed be talking about a strong delivery but of course, the conversation will be dominated by the impact of the virus that will have impact and growth for the remainder of the year. A down but not out. Second quarter Global Oil Demand well speak with the executive director on this show. Lets dive in to that oil report that is just crossing the latest is that all demand is set for a record fall in 2020. Probably no surprise to our viewers out there. It has trimmed the forecast for the drop citing the easing in drop down measures that has trimmed estimates by 690,000. The report that 2. 8 billion people will be living in confinement through may. Down from 4 billion in april the iea trimming its forecast and citing the ability in some
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Transcripts For CNBC Squawk On The Street 20240713

Restrictions, giving us clues as to how consumers may react durables down 14 june wti holding at 17 as energy is the only positive sector for the week a lot of discussion about 2,800, are we range bound where is the ceiling now markets giving all kinds of important clues. A lot of analysts, we follow them for a long time they wait and wait until theres a moment where they can go negative theres enough companies that have done well, i have every piece of research in front of me i dont have an upgrade. I have downgrade, downgrade, downgrade. Because the stocks have run, it gives these analysts a chance to say, uh, im so lucky. It went from 29,000 down to 18 it bounced back, and now i can get off and not look bad and thats the whole tone of this morning i find it curious. I think that in general the companies have done a pretty good job just they like to pull their forecast because who the heck knows. If dr. Gottlieb doesnt know what will happen, why should he expect these guys to know wh ....

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Transcripts For KNTV NBC Bay Area News At 5 20240713

Someone on the Assembly Line who spoke to us on coitioof anonymity and we altered his voice. I wouldnt be here if it were my honest choice. The almeda county Sheriffs Office told tesla and ceo elon musk earlier in the week that only essential employees should be going to work because of coronavirus concerns. They are Still Producing cars, and we are still advising them that they need to go to basic minimal operations. The Assembly Line worker said, in his opinion, tesla is putting profits before health. Ive got managers and supervisors coming out and talking within two to three feet of my face, and then turning around and telling people to keep distance from one another. Its quite unsettling. In a situation where obviously were dealing with a virus, where were very ....

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Transcripts For DW Business 20240713

United states that can be used in the countrys fight against the new coronavirus products that qualify include patient monitors and blood transfusion equipment the u. S. And china have been engaged in a bruising trade conflict for around 2 years the 2 countries reached a partial trade deal last month. Beijing agreed to buy an additional 200000000000. 00 worth of u. S. Products. And apple has come out as one of the 1st companies to speak about the Financial Impact of the corona Virus Outbreak the u. S. Tech company. Revenues are likely to fall in the 1st quarter of 2020 due to the disruption caused by the virus china accounted for around 50 percent of apples revenue in the last quarter but the virus has dramatically appended business of the factories are closed or operating at reduced capacity supply chains have also been destroyed. For more on this lets bring in conrad who ....

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Transcripts For DW Business 20240713

Well as its Strong Customer base there apple had already been facing challenges in china before the outbreak in 2019 the company made sales of 44000000000. 00 in the country a fall of 12 percent from 2018 and the relative value of the Chinese Market for apple has been declining in recent years in 2015 the country accounted for 25 percent of apples total revenue that has fallen steadily last years figure accounted for just 17 percent. If it is not contained the corona Virus Outbreak could dramatically increase apples difficulties the company has already said that worldwide i phone supply will be temporarily constrained due to the air brake. Well chinese officials are increasingly concerned about the Economic Impact the crisis is having big events in china and elsew ....

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