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CNBC Squawk Alley July 13, 2024

Good thursday morning. Welcome to squawk alley. I am Carly Fiorina with Morgan Brennan and jon fortt. A busy day of earnings, some tech, some not to sort through today, microsoft, paypal, ebay and others on the tape two biggest movers going the opposite way, tesla is surging, twitter is tanking Julia Boorstin and phil will he be lebeau is with us. This is a stock having a rough day, one of the worst days ever as a public company, on pace for the worst month since july, 2018 shares down almost 19 lower despite growing the user base to 145 million active users. The reason it is tanking, revenue and earnings fell short of expectations as technical issues keep them from Fourth Quarter ads. Jack dorsey looked to reassure investors. Unfortunately we had some missteps in ou ....

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DW Business July 14, 2024

This africas Digital Economy developing too slowly the un report suggests that while mobile Broadband Access is growing across the continent most of the money is being made by platforms overseas. Also on the show limiting Climate Change means planting more trees to capture c o 2 increasing the size of the worlds forest is not that easy. This is a business africa im stephen bears in berlin thanks for joining us. The un is calling for a global effort to spread the benefits of the Digital Economy in a new report it says 2 countries have made have more or less cornered Global Digital markets those countries the United States and china each is home to many o ....

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CNBC Squawk On The Street July 14, 2024

Softbanks masason in favor of unseating. First Lady Melania Trump coming to the nyse, set to ring the opening bell to help highlight her be best campaign we start this morning with this ongoing drama, increase drama at wework. The company we followed closely in weeks past because of the expectation it would soon go public thats no longer the focus at least of the current stories involving the company. More so the future of its founder and ceo and Controlling Shareholder adam newman. This morning we can tell you much remains in flux at the company in terms of the future of its Senior Leadership with a number of significant Board Members and shareholders moving to oust mr. Newman as the companys ceo, move him into some sort of other more ceremonial posi ....

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CNBC Closing Bell July 14, 2024

Manufacturing data this morning. Weve got full Team Coverage of todays selloff bob pisani is covering the markets reaction to that weak manufacturing data Bertha Coombs is watching the movers at the nasdaq Rick Santelli is looking at todays action in the bond market lets check in, though, where we stand. We are down 281, the low of the session on the dow was down 347. A slight improvement in the last 30 or 40 minutes or so but a significant fall from where we opened up 129 points or so lets check in with steve grasso from Stuart Frankel whos joining for the full hour. Steve, what is this . Recession fears again or is it justified to see this slippage you know, its funny, you know, im tempted to just jump onboard and say its all recession fears. And then you have the fi ....

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CNBC Squawk Box July 14, 2024

Arrows across the board. Nothing by more than a percentage point the dax is up just over a 10th a percentage point not surprising anyone with any expectations more rate cuts could come if the economy slows. 10year yielding 2. 237 . I saw there were three dissents they failed to point out one of them wanted to go 50 the future Federal Reserve, in raining. Right wanted the cut by 50 basis points a Job Interview right in the general news, they said, the Federal Reserve was doing okay it looks like a great economy but there are things to consider beyond the globe i thought that was his best perfo performance yet. Maybe not what you were hoping for and ending up on the day, you were effective am i here over there. Smile for the camera okay. New reports about how was that was that fake . New reports about at t plans for direc ....

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