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Transcripts For CNBC Power Lunch 20240712

An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good numbers today. Our manufacturing and services is keeping us positive just want to show you some new highs. A lot of stuff involved in tech. Internet, anything having to do with the internet. Fdn is the new one the hold building, that itb had been on fire eight straight weeks of gains. U. S. Home sales hit a record pace today we saw home prices also move up as well. Look at some of these new high list is fairly thin but a lot is building related horton, pulte, lumber liquid daters these are all at

Transcripts For DW DW News 20240712

A new executive order targets not just social media to take talks but chinas massive payment in messaging service we chat. And the number of credible iris cases in india tops 2000000. 00 the experts fear the true figure could be much higher as infection spiral in the sub continent densely packed megacities plus officials in germany the alarm over a spike in buyers infections was a new survey shows most voters are not that worried. Flow of terri Martin Thanks for joining us lebanons leadership is facing growing anger in the wake of the deadly blasts that killed nearly 150. 00 people and injured thousands more when youre blaming the government for a crisis with. It was unfolding weeks before this weeks explosion shock is turning to fury and authorities responded with force when protesters gathered outside parliament the demonstrators accuse the government of corruption and competence and failing to avert an economic meltdown. French president emanuel might call on visited beirut promisin

Transcripts For DW DW News 20240712

Pratchetts up efforts to couple from china a new executive order targets social media sensation talk and trying to paint the messaging service from. The im terry Martin Thanks for being with us here in Germany Health officials are worried about a steady climb in corona virus infections the number of new cases has topped a 1000 for the 2nd consecutive day its the highest number for 3 months there are concerns about holiday makers returning from other countries bringing the virus back home with them the return of the reopening of schools is no other source of anxiety for many but most germans dont seem to be that alarmed. Summertime and the livin is easy. The threat of the corona virus is waning for many in the country. I dont think about it at all not at all. When they try to remember to wear your mask. But when you leave public areas its easy to forget. Discipline is falling to the wayside people are letting their guard down because the threat doesnt seem so serious anymore according t

Transcripts For DW DW News 20240712

International donors pledge aid for rebuilding but demand high levels performed from within. Im sumi so must conduct good to have you with us the number of coronavirus cases in india has topped 2000000 the national caseload has doubled in less than a month Health Experts fear the true number could be even higher as much of indias population is crammed into densely packed mega cities with limited access to health care and yet restrictions are still being left at. 2000000 cases of a deadly highly contagious virus these are not the scenes you expect yet india seems to have to conclude with 19 minutes trade. Shopkeep with the leader a is keeping busy with. The business this fos lower than what it once was he is just glad to be on. And running once more simple life has to start again everyone knows that we need to take precautions people know that they have to maintain social distancing because things are going to stay this way life. Despite the high case load people are still finding via s

Transcripts For CNBC Squawk Box 20240712

It was the big gainer. It closed at an alltime high. Tech has been leading the way. Sales force, facebook, taketwo and qualcomm at record highs you have to watch one stock in particular apple. After more than 10 gain on friday and thursday night, it closed up 2. 5 to an alltime high percentages away from hitting the 2 trillion market cap that 4 to 1 stock split is hit that price has to sit 477 not far off. Weve been talking about the pressure that has been put on yields in the treasury market. Right now, the 10year note at 0. 45 . Scott . Becky, im listening to you talk about tech and these companies. We have to get ready to talk nasdaq 11,000. As crazy as that would sound, we are on the doorstep. In spitting distance, basically. Unbelievable. Largy carri largely carried by these big five apple, amazon, facebook and alpha bes alphabet and microsoft looking back in march, would you have thought we would be talking nasdaq 11,000 by summer . No way. There is reason for it if you look at s

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