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Transcripts For CNBC Fast Money 20240712

Way. What sent the cryptocurrency sit to its highest level in nearly three years. We start tonight with the story thats front and center for investors, and all of americas right now. Thats the vote counting under way in five key battleground states plus alaska eamon javers has more on where things stand at this hour. We havent really moved all day today, as all the vote counters around the country are doing their jobs biden 253, trump 214 in the race to 270 joe biden has more paths to 270 now than donald trump does, but its not over for either man lets start with arizona you can see where we stand in that state theyve been giving us new data throughout the day that is 11 electoral votes available there. Nevada was giving us data throughout the day still too close to call with 89 of the vote in in nevada georgia, another state where were seeing an interesting move by the biden camp, making a run at a historically very, very red state. 49. 5 for trump, 49. 3 for biden a difference there,

Transcripts For CNBC Closing Bell 20240712

Disturbing and said it could top 100,000 cases per day. And we are preparing to close the books on what has been a rough first half of the year its included a painful, record breaking sell off followed by a fast, record setting climb back up stocks set therefore for their best quarter in decades. 59 minutes left of the session morgan, we are up a full percent on the s p 500 yeah, were watching that last day of the quarter, last day of the first day my goodness. Coming up, as we wrap up the first half of the year, were going to focus on why not work from home. Twilio stocks up in 2020 well speak with the ceo about the demand for his companys Cloud Services during the pandemic mike is tracking the Market Action kayla has the highlights from fed chair powell and secretary mnuchins testimony on capitol hill and joining us to look ahead to the second half of the year is lori but mike, lets start off with you and a look at the market this is a good illustration of the old say a iing dont sho

Transcripts For FBC Bulls Bears 20240713

This is bulls bears, thank you for joining us, joining me on the panel, john layfield, robert wolf, carol and zachary. And we have lou dobbs coming up. 2020 hopefuls Elizabeth Warren and Bernie Sanders raging war on bloombergs wealth as both candidates accused the 2020 newcomer of trying to buy his way into the white house. Michael bloomberg is running for president on a bet that that people dont matter, only bags of money matter. I dont believe mr. Bloomberg will succeed. I think at the end of the day people from this country do not want to see a billionaire bite an election. David are voters convinced a successful wealthy american should not run for office . I think that the wealth tax, although i disagree with it, i think seven out of ten people are supportive of that idea, number two, i understand what bernie and elizabeth are saying because if Michael Bloomberg is going to run, why not into the first four primaries, why not have grassroots. David he does not need the money. Im tal

Transcripts For CNBC Fast Money 20240713

Holding stronach bank of america reports tomorrow one of the biggest shareholders is getting more bullish. Ber shire seeking permission from the fed to boost stake in the bank beyond the 10 threshold. Did jamie and warren give the okay to ride the rally to new record highs why not those are the two. If knows two say its okay, who am i to argue with those two. Back to you. Back to you, mel. The jp morgan was quarter was fine and well talk about banks but put going in perspective and tangible book in jp morgan stock 120. Even i in my lame man can do the math and tell you tangible book its two times tangible book right now. That is a pretty big premium in this environment, i think. In erms it of mr. Buffett, he is actually sitting on a record amount of cash as well maybe thats why he wants to deploy to more banks but the indicator he mass looked at his entire career, the wilshire 5,000 over gdp in the united states. I mean that is flashing as red as maybe it has ever flashed ive been skep

Transcripts For CNBC Squawk On The Street 20240714

Bank. Micron issues a trade warning. Shares down this morning on a disappointing outlook and ceo san yjay mehrota joins us in a e minutes. Tell the story. Im sorry to interrupt. No problem. Eagles won last night i can do whatever i want. And half of the debuts trading below their offer price. Does that spell trouble for the ipo market wells is up in the premarket after naming bank of melon Ceo Charlie Scharf he held the top job at visa. Wells plagued by scandals struggled to find a replacement. Alan parker will stay interim until scharf joins the company the Conference Call is under way and well bring you developments on that. He had quite a run at visa and left for geographic reasons really. Yes, he did able to stay in new york, his family still going to be with him. One daughter right there, another one close by, folks nearby, very much dedicated to them i got to tell you, congratulations, or as people would say, as president ford would say, their Long National nightmare is over. I t

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