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Transcripts For CNBC Closing Bell 20240712

S p 500 essentially flat year to date nasdaq up some 19 59 minutes left in the session, sara coming up on this friday afternoon, weve got a series of great gifts for you. Red finns stock was on fire the stock selling to have day on the companys cautious outlook as the ceo says the bottom codrp out on the economy were going to talk to glenn kelman in a few minutes. And then apple once again, the Biggest Public Company in the world, surpassing saudi ramco. Continuing the historic run. The market cap now sitting above 1. 8 trillion. Its up over 8. 25 well talk about what an investor should do with this stock next lets focus in on the big stories that were watching. Mike santoli looking at the market and the tech stocks surging to day kayla is looking over the next stimulus package first to you, mike. The story from the morning was that Great Results from the big four of t ....

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Transcripts For CNBC Closing Bell 20240712

Tiktok positive covid19 treatment news eli lilly starting phase three of an antibody drug. Well get into that and we have better than expected manufacturing data which along with better than feared earnings is helping lift sentiment. Were on record close watch for the nasdaq 59 minutes left trade. We certainly are. Its up 1. 6 lots to come on todays show well discuss the fast moving developments in the talk between microsoft and tiktok and what a mean would mean for other social media stocks with chris kelly. The plus, big Testing Companies like quest and lab corps warn of back logs and delays, well talk to Gravity Diagnostics ceo we have big Earnings Reports coming your way. Virgin galactic, taketwo and chegg and more well bring you the numbers as they cross and analysis as well. Lets focus in on the big storie ....

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Transcripts For KPIX CBS 20240704

To sell the platform or face a ban. [chanting keep tiktok ] norah the protests tonight from users. It is 90plus percent plus of my familys income. Its how we feed our family. Norah the Cbs Evening News starts now. Good evening. Im norah odonnell, and thank you for being with us. We want to begin tonight with the fate of social media app tiktok hanging in the balance. In a rare moment of bipartisanship, the house voted overwhelmingly to pass a bill that would an the Popular Platform unless it severs ties with the Chinese Communist party. President biden vowed to sign the bill if it passes the democraticcontrolled senate, and if the bill becomes law, it would give tiktoks chinesebased Parent Company bytedance six months to sell the videosharing app or it would ....

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Transcripts For KPIX CBS 20240704

Norah the ultimatum for the popular app used by 170 million americans after the house passes a bill that would force its Chinese Parent Company to sell the platform or face a ban. Keep tech tak norah the protest tonight from users. It is 90 plus percent plus of my familys income. It is how we feed our family. Norah the Cbs Evening News starts now. Good evening. Im norah odonnell, and thank you for being with us. We want to begin tonight with the fate of social media app tiktok hanging in the balance. In a rare moment of bipartisanship, the house voted overwhelmingly to pass a bill that would ban the Popular Platform unless it severs ties with the Chinese Communist party. President biden vowed to sign the bill if it passes the
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Transcripts For KPIX CBS 20240704

Votes four years ago. In tonights listening to america, cbs nancy cordes spoke to revoters in the badger stateo hear whats on their mind. Reporter jay weissington owns a barbershop on the north side, just a few blocks from where President Biden spoke today. Jay voted for biden in 2020, but is now undecided. Ive been seeing it from both perspectives, and ive been seeing it from the black voters as well. Yeah, were going to vote for trump this year. Reporter we sat down with him at the rise and shine coffee cup, owned by bobbie, a lifelong democrat. Im a biden fan. I feel like employment is down. I feel like he is helping Small Businesses. Im a Small Business owner. Reporter Patty Granger is a project manager, a mom of two and plans to vote for donald trump. He is a v ....

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