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Transcripts For CNBC Closing Bell 20240711

The year dow is set for a record close, approaching 30,000 with 59 minutes left of trade. Up 1 2 on the dow sara 29,830 currently. Coming up todays show, we are waiting president elect biden to make some comments on the economy. His economic plan that should come any minute. We will take you there live. In the meantime, a rare interview with operation warp speeds dr. Slaoui he will weigh in on the moderna news and what the rollout will look like. Plus the positive vaccine theus with mark moabious his eye on emerging markets. And mike wilson saying next year will be all about earnings we will discuss with Morgan Stanleys chief u. S. Equity specialist mike santoli joins us. Meg tirrell has the latest on covid19 news. Eamon javers will go over president elect biden speech on the economy when we get there. Lets start with mike santoli. We below on the s p 500 where we were this morning, by about a third of a percent below last monday mornings high about a third of a percent but looking at

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240711

Bidens agenda. He may have a different tone toward china but there may not be substance. Kiwi rise ind the early asia trading. At some ofke a look these early market reactions. Sophie kamaruddin in hong kong. Sophie we are seeing some risk on tone in australia. The aussie is extending last weeks gain as the greenback has stayed structurally quicker. Weaker. They could test that 650 level this week. The yen, the best week for the currency since midseptember. Softbank results are due this monday. We have nikkei futures in chicago moving to the upside. This after the benchmark rose to a november 1991 hi on friday. That was 37 off the alltime high that was back in 1989. New york crude is gaining ground but still staying under 38 per barrel there. Some pressure may come through in the oil. Is very much in focus after the chaotic week we saw in turkey. That is the Central Bank Governor fired there. Racing for more voluntary they are embracing more volatility there. Joe biden is projected to

Transcripts For RT Boom Bust 20240712

Investigation looking at whether they have achieved such a major monopoly that they are now legally stifling their much smaller competitors because of the crown of virus pandemic these testimonies are being carried out virtually and the line up includes the c. E. O. s of alba betting Google Facebook apple and amazon now each of these companies have been accused of manipulating their platforms and search results to promote their own products and interests google users know that any time they search for a product the 1st several results are typically advertisements but today the topic of conversation included how google has benefited from those results. What is the value of the part that you do use the google ads form and its a substantial part of your business whats the actual going 2cb3cb. Of revenue its i dont 100100 plus 1000000000. 00 but thats a lot of money mr. Now facebook was quick to defend its size and its acquisition of instagram and whats up by claiming china is also looking

Transcripts For RT Boom Bust 20240712

All testified before congress a year long probe into that process and. 10 you look at some of the damages and the pandemic lets call it spend one we have a lot to get through so lets get started. On one day 4 of the most powerful men in the United States Tech Industry theyre being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the internet now arties Rachel Blevins joins us with the latest rachel what have we heard so far was there as we saw c. E. O. s from the 4 Largest Tech Companies in the country testified before the house judiciary antitrust subcommittee as part of an investigation looking at whether they have achieved such a major monopoly that they are now illegally stifling their much smaller competitors because of the crown of virus pandemic these testimonies are being carried out virtually and the line up includes the c. E. O. s of all the betting Google Facebook apple and amazon now each of. These companies have

Transcripts For RT Boom Bust 20240712

Testified before congress your long probe into that trust and. When you look at some of the damages in the pandemic lets go lets spend one we have a lot to get through so lets get started. On one day 4 of the most powerful men in the United States Tech Industry theyre being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the internet now arties Rachel Blevins joins us with the latest rachel what have we heard so far was there as we saw c. E. O. s from the 4 Largest Tech Companies in the country testified before the house judiciary antitrust subcommittee as part of an investigation looking at whether they have achieved such a major monopoly that they are no legally stifling their much smaller competitors because of the chrono virus pandemic these testimonies are being carried out virtually and the line up includes the c. E. O. s of all the. But in Google Facebook apple and amazon now each of these companies have been accused

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