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Transcripts For CNBC Mad 20240703

Out what inning it is in. What inning are we with the weight loss drugs or electric vehicles . We are clearing the final inning of the nelson proxy fight for board seat. It is dizzy because he did not get the votes but he could pick up a full million in profit. That inning game that bothers me the most is, what inning are we in the Artificial Intelligence whom . For the last few days weve seen everybody coming down in the ai space. People arguing because the declining stock prices we are in the late innings of the story and perhaps it was all done to begin with. Fortunately it was not enough to do that much damage today. The nasdaq gained. 23 today. Still with the bellwether of ai, nvidia, now down from its high of 974 to 889, down another 4. 88 today we are being told that nvidia conference and supercomputers are just old hat. Its been replaced by the golden age of refining sending stocks like marathon and he. Its the golden age of the Dollar Stores with Dollar General and dollar tree

Transcripts For CNBC Squawk 20240702

Some gains at the open expectations are high for the chip makers results after the bell watch apple. The midst of a sevenday win streak with a gain of nearly 13 so far this month. Lets begin, though, with target down sharply on this Quarterly Earnings miss and a sales decline. The retailer did say customers cut their spending on discretionary and grocery. Company did reaffirm fullyear guidance, jim. They guided comps down and came in 3. 7 when you talk to brian, hell be insistent that this wasnt anything that you should find unexpected the thing that im struggling with is he talks about the consumer, in tepid terms walmart didnt walmart told about a consumer thats in good shape and price rollbacks. We didnt get price rollbacks from target until this week. So, im beginning to wonder whether target is out of position versus walmart. Where walmart is really starting to walmart plus represent a bargain. Walmart can also subsidize sales because they have this terrific advertising business t

Transcripts For IRINN 20240703

Artificial intelligence and in the field of energy can reduce energy consumption, the field of Human Resources can help a lot in the industry sector of the country. Country steel can give special training to the personnel through artificial intelligence, which can really build manpower. It is one of the Consumer Needs of diabetic patients. The researchers of a danian company succeeded in developing the technical knowhow to design and manufacture the new generation of insulin pens in the country. They smell the incidence of diabetes is increasing in all countries of the world. There are more than 8 million diabetics living in iran who need medicine. A company of scientists based in science and Technology Park of Tehran University has succeeded in producing the insulin pen needed by this group of patients. The purpose of these pens is to act like a multiuse syringe for a disease, and the patient can inject himself with a set amount of medicine much more easily than a simple syringe. The

Transcripts For IRINN 20240703

Was at the level of 7451 units, the volume of transactions increased on this day, and finally 12 billion and 350 million shares and financial bonds were traded in 41 thousand times with a value of 85 billion tomans. The family symbols of shepnam steel and fars had the most positive impact on the total index, and in contrast to the symbols of three hormoz, sekma, three shamal hebtro , they prevented further increase of the total index. Capital inflow and outflow index at the end of trading on saturday, the Stock Exchange also reported that 1200 billion tomans of real money entered the market. Gives shares. During saturdays transactions, the largest inflow of real money was allocated to the groups of stock funds, basic metals, and Petroleum Products, and the largest outflow of real money was made from the groups of cement, insurance, and rubber and plastic. The status of the symbols of the glass hall also indicated that there were 686 positive symbols and 86 negative symbols so that the

Transcripts For CNBC Squawk 20240703

Nasdaq indicated up by 1. 2 for the week to date for what we have seen. Look at the treasury market. You see treasuries here with 10year treasury at 2. 3 . Wti climbing above 90 a barrel. Right now, 90. 43. Of course, we have seen big news in other places. New overnight, positive data on china recovery overnight. Retail sales raising 4. 6 in august. The Unemployment Rate ticking down by. 10 . Chinas Central Bank Cut a shortterm lending rate one day after it lowered the reserves the commercial banks need to hold against deposits. That will free up funding to lend to houses and businesses sdpbusinesses. Im happy we have this guy around. Phil lebeau. It he iis interesting, the phil. You are in detroit. I saw you talking to one of the guys earlier. This is very interesting today. Especially where we have you perched. Reporter joe, it will be interesting to see how long the strike goes. Maybe a week or two weeks or looking at something extended out over seven or eight weeks. That remains to

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