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BLOOMBERG Bloomberg Technology July 13, 2024

Justh to reopen california today taking smaller steps to ease its lockdown later this week. The first state to shut down its in our lets bring Bloomberg Markets reporter, taylor riggs. Why did tech outperform the rest today . Taylor a lot of the optimism new yorkn newsom, from governor andrew cuomo, seemed to turn that around in the final hour of trading. , all of theoned direction today. Fangs,daq along with the the peak out performers. Microsoft, amazon, apple leading those gains. Needp hearing that you that leadership for this rally. Emily Warren Buffett seemed to be driving a lot of the pessimism, saying he got out of airlines entirely. Walk us through how his remarks may have played out today. Since down the lowest september of 2013. Warren buffett said he would rather take losses in those positions. He said, the airline business, and i hope i am wrong, and i may be w ....

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CNBC Squawk Box July 13, 2024

Netflix up and gains by apple and facebook getting help this morning from what we see in oil prices. Youll see wti is up almost 10 . Up about 9. 5 to 23. 34. That is a big come back for wti. Thank you, becky. Oil market market oil thats been a lot of the story want to bring you other headlines. United airlines as mentioned, planning to cut about 30 of management jobs in october according to a company memo that works out to 2,400 white collar jobs and has also warn the pilots to prepare for displacement that it will let go about 30 of its pilots. The airline has accepted aid and if they cant may pay by the end of september 30. This was always the issue, if you are going to give government money and taxpayer money to the airlines, you are going to force them to keep people on the payroll, you are eventually planning to let go of them anyway, there is something off about how this program was structured we want people to stay employed but either restructure to a bridge where they can run t ....

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FBC Varney Company July 13, 2024

Unified party. One democrat switching sides, some others may vote no. But the end result is not in doubt. The president will not be removed from office. Now look at this. The market is going up again. The dow is being held back a little by boeing. The journal says it may halt or cut max jet production. Boeings a dow stock, way down, hurting the dow average by about 90 points. We also have to tell you that bank of america is talking about a melt up for the market into next year. Look at the market go. The dow is going to be up about 80 points despite the news on boeing, up about 80 at the open. S p, big gains, 17 points. Thats more than a half percent. The nasdaqs going to do well, 50 points higher. That is a rally this monday morning. In britain, landslide winner, Boris Johnson, is pushing hard for a brexit vote by christmas. Then he wants to work on a trade deal with trump next year. Defeated socialist
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CNBC Power Lunch July 13, 2024

S. Welcome to power lunch were glad youre with us. The market marching towards all time records the s p just half percent from an all time high the nasdaq is in the red by about a quarter of a percent the dow is up almost 100 big move in bio gen today. Well have those details thanks. Bio gen from the only mover today. Bob has the run down for us. Mcdonalds was a very rare out right miss unusual for a big company. Most others are doing fine is beating enough right now given the price upset . Look at Procter Gamble sherwinwilliams had a terrific you. United Technology Beat them but the guidance is about the guidance they had for the Third Quarter. Kimberly clark did beat. About the same as what they beat in Third Quarter you see that stock is trading down a little bit ....

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BLOOMBERG Bloomberg Markets Americas July 14, 2024

They will be tightened. Mark mr. Trump told those gathered wise leaders but the future of their own people and country first. President trump is reiterating he will not accept a bad trade deal with china. The president said he is still hopeful an agreement can be reached that will be beneficial to both countries. He accused china of trying to game the system. Parliament resumed its deliberations wednesday at 11 30 a. M. There will be sufficient time for emergency debates following the u. K. S Supreme Court ruling the government suspension of parliament was illegal and void. Prime mr. Boris johnson says he strongly disagrees with the courts ruling, and Jeremy Corbyn told his conference prime mr. Johnson should resign and become the shortest serving pride minister there has ever been Prime Minister there has ever been. Glo ....

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