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Transcripts For CNBC Squawk Box 20240713

We havent seen for quite some time i can deal with two, three, i dont know eight if it is going up for the right reason it has been good so far there is a lot of floating rate stuff around tensions in hong kong escalating overnight. A flash mob. More than 1,000 people wearing office clothes and face masks blocked roads in the Central District as police fired tear gas as well as at two University Campuses carrie lam said that the protesters are selfish well continue to monitor the updates as they come in. Thats after yesterday when she said they are her enemy. Enemy of the people i think i am as a member of the media. Although not comfort as a member of the Mainstream Media. Am i really part of the Mainstream Media yes hello. An update now on the controversy over the apple card. Goldman sachs denies gender bias but says it will reevaluate those who received lower credits lines to begin with. It may be because existing cards could be combined with a spouses account leading to lower avail

Transcripts For CNBC Squawk Box Europe 20240713

Not only suggesting another election date. The stoxx 600 down just over. 10 lets dive into some of these sectors as it plays out on the boards technology right at the bottom apple comes out today. We saw some caution on wall street and the sector. Some of those big supplier stocks caution on trade investors are waiting on details. Industrials towards the bottom of the boards. The light ups of some of those big names. Retail stocks trade lower. Household goods, media and Construction Chemicals are in the mix too banks, very important basket today. Going through the numbers of that Deutsche Bank at the bottom. Mixed reaction to those numbers. Utilities. Telco trading higher auto is significant basket today too with the likes of volkswagen that stock surging 7 lets go to the volkswagen news. It has cut its numbers despite reporting 11. 2 rise thanks to Strong Demand for porsche. Adding to gains. 6 higher for stock now. The group needed to be efficient amid weaker global auto demand you ne

Transcripts For CNBC Street Signs 20240714

Democrat, were willing to accept extraordinary disadvantages to american jobs. Billionaire telling the fed, they are, quote, screwing savers and says donald trump is wrong for his attacks. The president is doing a lot of wrong i wrote down yesterday, i said Consumer Confidence is up, retail confidence is strong, consumer net worth is at record levels, economy is growing at trend. Rbs investors welcome allison rose to become the first female ceo of a major british bank. Sterling hits a twomonth high after they say a brexit deal is possible hes open to a deal that might replace the irish backstop good morning the u. S. Vice president mike pence told cnbc at the alpha conference that President Trump is defending economic interests as they resume trade talks in washington, d. C. Today when it comes to china, it is a whole different ballgame we run 500 billion trade deficits with china and we estimate we lose almost as many in intellectual property theft almost every year. What the presiden

Transcripts For CNBC Squawk On The Street 20240714

The private equity giant 3g capital sold 20 million shares but there is a reason behind it. Stocks are set to open slightly lower well start off with that wework news, of course sort of trickling out yesterday, after the close. A delay in the planned Public Offering that has been so, well, such a focus over the last few weeks. As the price at least that wework thought it would get for its shares has rapidly declined over concerns about its Business Model, over concerns about governance, ever since they actually issued the s1, which mr. Cramer didnt take a fancy too, a lot of this goes back to mr. Adam newman, the man who founded the company and runs it. And this has been a chaotic process. Having reported on it now for a couple of weeks, i can sort of tell you ive never seen anything quite like this in terms of the disarray in preparing for a Public Offering. And i guess what was clear and perhaps funlly made clear to them was they werent ready. They were not ready to actually face pot

Transcripts For CNBC Squawk Alley 20240714

Post 9 of the New York Stock Exchange Carl Quintanilla is on assignment and were going to begin this morning with facebook. It is down about 2 . Several state attorneys general noungs announcing an antitrust probe into the social network and alphabet, as well. Julia boorstin has more on facebook from l. A. Hey, julia jon, new York Attorney general Latisha James is leading a Bipartisan Coalition to investigate facebook for antitrust violations shes joined by seven other state ags plus the ag of the district of columbia, so far the attorneys general saying, quote, we will use every investigative tool at our disposal to determine whether facebooks actions may have endangered consumer data, reduced the quality of consumers choices, or increased the price of advertising facebook shares moving lower on the threat of potentially large fines from these attorneys general. Now, a separate google antitrust probe is expected to be announced at a News Conference outside the Supreme Court on monday.

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