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Transcripts For CNBC Fast Money 20240712

Billion market mystery thats how much facebook added in market cap today. The reason not entirely clear many pointing to the launch of reels, the answer to tiktok. We should point out that news was out yesterday morning. Facebook shares today surged 6 to a new alltime high so guy, whats your take on this move well, i have no idea why it moved like this. Id be lying if i said i had an answer i will give credit to karen because shes been on this something we said, you go back to the middle of june. I remember this when rei, north face, patagonia came out and said they were pulling their ads for a month. I remember saying youve got to pull the rip cord on this. Theyre the first but theyre not going to be the last that proved to be correct. On june 26th, the stock traded down to 207, cratered and then closed higher on the day something we said is and ill say it again, theres nothing about facebook i like in terms of the platform and ill continue to say that this reversal tells you all you ....

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July retail sales see modest gains, reports Commerce and NRF

July retail sales see modest gains, reports Commerce and NRF
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July retail sales see gains, notes Commerce and NRF

July retail sales see gains, notes Commerce and NRF
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United States , Naveen Jaggi , Jack Kleinhenz , Jeff Berman , National Retail Federation , Group News Editor , Retail Advisory Services , Economist Jack Kleinhenz , Monthly Economic Report , President Retail Advisory Services , Back To School Shopping ,