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Transcripts For KGO ABC7 20240703

Exposed to plans to add a ferris wheel to Fishermans Wharf are being discussed in San Francisco, but there may be some complications with the logistics to make it happen. Good morning. Its wednesday, october 11th. Its going to start with a check of our forecast. Andrew, good morning. Were in store for a really Beautiful Day today. A bit breezy this afternoon, but the sunshine is back in full force later on today. Heres a live look from our rooftop camera at kgo. You look at the flags atop the piers and they are moving this m morning. We have this onshore breeze thatll gust over 30mph later on today. And thats going to bring about a lot of sunshine and a bit of a warming trend in some spots. But we do have some chilly numbers in the north bay right now. We talked about how some of our cities would start in the 40s this morning, and thats what were seeing in santa rosa. Most areas, mid 50s to low 60s. As we get you out the door today, take the sunglasses with you. Thats your best accesso

Transcripts For CNNW The 20240703

And its only wednesday, and we can all rechoice is finally here. Take a look at this live camera view from Alaskas National Park and preserve, where the competition has begun for this years chunkiest brown bear. The bracket matchups are said to some it might be up there with ncaa march madness, but you get to decide who makes it to the next round. A bit of fat bear week the work daily to cast her vote in the 12 big bears were picked for the single elimination competition. Only one will be crowned champion for the bears, there is no fat shaming have been walking up for a good reason winter have been Nation It Park is home to brooks river and the last great seven runs on earth. Salmon. The last two years is estimated to weigh 1400 pounds, and the competition castro voted at fat week dot org. The news continues with kate colin next. Tonight, straight from the, source a new fight is erupting and a speakerless house, with a fractured gop candidates are now emerging to replace the only speak

Transcripts For CNNW Anderson 20240703

Ac 360 with Anderson Cooper begins right now. Captions by vitac www. Vitac. Com tonight on 360, the dysfunction is coming from inside the house, as republicans fight republicans over what happened and who will be the next speaker. New yorks attorney general Letitia James says the donald trump show is over, as his fraud trial continues and the former president heads back to florida. The first person to be charged in tupacs killing 27 years after the killing. Well talk to the d. A. On the case. We begin tonight with the dysfunction, infighting, and back biting among House Republicans, after eight of them made their party leader, Kevin Mccarthy, the first ever House Speaker to be voted out of a job. That and why none of it should be surprising to anyone. The dysfunction got so bad after the vote, we learned that Republicans Cannot even stand to be in the same room with each other for more than a few minutes. There was a meeting last night, as you may know, of republicans, and that room wo

Transcripts For CNBC Closing 20240703

Keybanc taking a knife to that stock. Its still higher, though, nonetheless, and that is helping to keep the market upright. Theres apple getting a little bit of a lift. It does take us to our talk of the tape. The rising rate reality and whether were getting close to the end of the recent move. Youve got to think we need to be if stocks can get anything going from here. Dan greenhouse, liz young with us as well, and so is cnbc contributor rick. We got a big desk because we got a big story. Greg branch, is this your moment . Is your call that stocks are going to have a really rough go in the process of taking place . I think its starting to take place, scott, and i think as you know, i see another 10 downside from here. At this juncture, we still havent seen many of the catalysts happen for my thesis to play out, and that is that consensus estimates are just too high. I am higher and longer than consensus, and that means that i see no path to an 8 fourth quarter, now an 8. 3 fourth qua

Transcripts For CNBC Squawk 20240703

Move higher in treasury yields in response to that jolts number. So, adding to the other concerns about supplier treasuries and all the rest, we did have some hot economic data. The question is, mike, where do you go when you are seeing yields move this fast and this far up . Because the safe havens that you go to during a weaker economy like Consumer Staples and utilities are getting whacked on the back of these higher rates because they pay high dividend. Theyre rate alternative. The cyclicals get hurt. Tech is getting hurt because you worry about valuations on the back of higher rates. Whats left . Whats interesting is that tech in particular has acted, at least the very largest companies, have acted a little more as defense than as pure Interest Rate proxies in the last little while. Yesterday nasdaq 100 was up. When you had yields making new highs. Part is the Balance Sheet strength. I guess the other question, though, is do you decide that the market is essentially getting too ne

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