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CNBC Power Lunch July 12, 2024

Now. Power lunch starts now thanks welcome to power lunch broadcasting from a secure and undisclosed location the nasdaq on pace for its first negative week since june lets go to bob for more on the marks. Bob. Choppy trading but very narrow trading range bio tech sb flat energy, oil has been hugging 40 for a month now. Were down today but up overall in the week. Banks are down but up on the week and had a pretty good week. Amazon down about 8 this week one of the worst week its had in a long time all the damage in netflix has opinion today. The problem is when you have megagabe kaplerture ecagabe kacm players. Thats a head and shoulders, folks round trip the same situation with netflix, really netflix was 500 a couple of weeks ago. It goes to 580 and then its back down to below 500 thats another semi head and shoulders. We keep trying to get over 3230. Were just keep knocking on the doorp that guys have a good weekend. The same to you the
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KPIX CBS This Morning July 12, 2024

Platforms chinese owners 45 days to sell its u. S. Business. What it could mean for an estimated 100 million american users. And spacex splashdown. The future is here for commercial space flight after the first landing for restaurants in years. But first, heres todays eye opener, your world in 90 seconds. Our state has weathered more than our fair share of storms in recent years. But this time, were going to have to do it with a mask on. All eyes on Tropical Storm isaias. The slowmoving storm churns off the east coast of florida but has set its sight on the carolinas. If something can go wrong, it can. Ramp up your precautions and be ready. The White House Task force coordinator warns the u. S. Is in a new phase of the pandemic. I want to be very clear. What were seeing today is different from march and april. It is extraordinarily widespread. The search for eight
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CSPAN2 U.S. Senate U.S. Senate July 12, 2024

Quorum call the presiding officer the senator for mississippi. Without objection. Under the previous order, all postcloture time has expired. The question is on the nomination. A senator i ask for the yeas and nays. The presiding officer is there a sufficient second. There appears to be. The clerk will call the roll. Vote vote vote the presiding officer are there any other senators wishing to vote or change their vote . If not, the yeas are 556789 the nays are 42. The nomination is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates action. A senator mr. President . The presiding officer the senator follow alaska. Mr. Sullivan mr. President , i ask unanimous consent the senate proceed to legislative session for a period of morning business with senators permitted to speak therein for up to ten minutes. The presiding officer without objection. Mr. Sullivan mr. President , i ....

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FBC Varney Company July 12, 2024

Billion on amazon during the lockdown. The stock is up 169 per share. Facebook, another pandemic winner. 2. 4 billion people used facebook or one of its apps every day. That is global clout. The stock is up 16. Now, google, that is the exception to the stock price rally. They reported a firstever decline in quarterly revenue with the economy lockdown, advertisers slowed their spending. That stock is down 16 bucks. Overall, stocks are going up this morning. I see green for the dow, green for the s p and especially a lot of green for the nasdaq, up 111 points. No deal on stimulus. Democrats and republicans negotiated last night. Neither side emerged optimistic. Politico reports that offers were exchanged. The white house wants a fourmonth extension of jobless benefits. The democrats want much longer. Perhaps a deal is still possible. Here comes the hurricane. Look at that cone. Probably not going to be a good beach weather up and down the eastern seaboard this weekend. What does that do ....

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FBC Making Money With Charles Payne July 12, 2024

On as wave after wave after big retailers decides to require them but one prominent retailer says no to mandating masks. This battle becomes more complicated by the day. Beverly hallberg has been a target in this war. She is here to share her thoughts. All that and so much more on making money. Finally here, right, the lazy hazy days, the summer doldrums,less volume, tighter trading ranges. There are trends and events that promise us fireworks. The rotation trade making its second attempt in as many months as value has perked up and profit taking in those monster growth names intensifies. How ironic that these names might have pulled back so quickly, they are already attractive. So buy value or dare i say buy oversold big tech names . Let me bring in Wealth Management president rebecca walzer, along with distributors vp. Coming into the session some of the biggest 2020 winners have lost a lot of ground. Tesla reversing but down ....

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