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Transcripts For CNBC Squawk Box 20240712

0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety

Transcripts For CNBC Squawk On The Street 20240713

Its ceo Michael Wirth will join us exclusively this hour tesla shares set to hit a new record at the open as the electric carmaker delivers its first china made model 3 to customers. 24 hours ago looked like the selloff might continue on monday and reaction to those middle east tensions but stocks did erase earlier losses to finish yesterday in the green. Major indices saw their third positive session we watch gold, jim, are we betting this is short in duration and limited in scope . You used to work for zilian i keep thinking about that word over and over again thats the word that define this is market. Because yesterday when we were down very bad, ugly down 200 dow points, the dow is down that much, it did look like the beginning of something big, and you know what you saw . Shorts pressing, thinking this is it, this is the big one it wasnt the big one and i almost feel like that unless something happens thats completely out of left field, if you read what iran wants to target, peopl

Transcripts For CNBC Squawk Alley 20240714

On a secondary Stock Offering by the company. Beyond is on track for its secondworst day ever. Its worst day was back on june 11th, when it went down more than 25 in volatile trade the secondary offer is for 3. 25 million shares 3 million will be sold by current shareholdered while 250,000 will be offered by the company. A regulatory filing chose that Ceo Ethan Brown plans to share more than 38,000 shares which could net him 38. 7 million. Theyll use the proceeds for expanding supply and marketing some believe that could lead to further Short Interest in the stock, because it could cut borrowing rates. But the bulls say the offering could be a positive for the company if the shares end up in sticky hands this as the companys actual results were fairly strong beyond raised its yearly revenue guidance from 210 million to 240 million it attributed its quarterly revenue beat to new partnerships and increased demand from existing customers despite the stock taking a hit, many analysts also

Transcripts For CNBC Squawk On The Street 20240714

Off earnings season. Trade war slowdown, china posting the lowest quarterly growth in 27 years and Silicon Valley tech lash from one of its own, peter teal calling out google, alleging, quote, seemingly treason ous acts well begin a new week, stocks on track to hit fresh record highs. Citi kicks off earnings season with better than expected results held by gains and Consumer Lending also in focus, china, slowest Economic Growth in 27 years in q2 gdp at 6. 2 for june, Industrial Production, retail sales, fixed Asset Investment all beat expectations, leading some guys to think maybe the Central Banks work is starting to filter in. I think so. The bears have the work cut out for them right here. If you watch our crawl underneath, youll see the semiconductors going up. They wont have good quarters. People are looking through why are they looking through not necessarily because of china, they say pc sales will get stronger the economy will get thats western digital. Fairly typical because o

Transcripts For CNN CNN Newsroom With Fredricka Whitfield 20240706

than an hour on the ground they were able to plug some 17 plus embassy staff and their families , plus a small number of foreign nationals, the state department said out of the country and then flying them back, at least to eat the opiate now there were no contacts with any kind of violence in that operation. there have been some unconfirmed reports that it almost simultaneously. almost simultaneously. a french evacuation effort may have come under fire, but that has been unconfirmed at this stage of british special forces and the french special forces evacuated some 100 plus people from their nationalities and other foreigners at the belgium s dutch and even the norwegians are now and germans are now carrying out their efforts. but there are 19,000 potentially americans still stuck. in sudan , many of them dual nationals, not all of them necessarily wanting to be evacuated. but this isn t just focused on khartoum. in terms of the need for evacuation. there is violence spread

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