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Transcripts For BLOOMBERG Whatd You Miss 20240712

182. A miss. Still fishing around for the actual subscriber numbers. You can see the kneejerk reaction, down in after hours trading. Caroline that is what they were pricing and. Paid net change, up 10 million users. The estimate was for 8 million. We have here a coceo being named. This is an interesting move as we see perhaps a movement in terms of the leadership. Romaine that is a big deal. He would presumably be joining Reed Hastings at the helm. He is currently the chief content officer. There was a great story just the other day about all of the money they have been spending to acquire these big budget type of movies that normally would be going to theaters this summer. It will be interesting to see the reaction. The options implied move, updown move of about 12 up or down. We are starting to see some more numbers come in. Caroline i think it is the forwardlooking really putting down with pressure. Net change, 2. 5 million increase. Lets go out to abigail doolittle, who has some ba

Transcripts For CNBC Closing Bell 20240712

Resee recovery in retail sales dow down 271 session lows 59 minutes left of trade the nasdaq has been the underperformer is actually off its lows were kind of moving around, as we speak, in the final hour. All the major indexes are lows ahead on todays show, well speak to mike sievert. Well get an upgraciointergrac sprint and the president of the university of arizona will outline his plan for the fall semester as cases and hospitalizations rise in that state. Well focus on the big stories were watching at this hour Steve Liesman with details on todays jobless claims will is digging into Big Bank Earnings and meg has details on johnson and johnsons results. But, steve, start us off with the jobs picture. You know, were getting two different stories from the jobless claims one of improvement and one where the improvement has kind of flat lined. Well take a look at the numbers. Claiming coming in at 1. 3 million. Above expectations dow just 10,000 on the weekly jobless claims thats kind

Transcripts For FBC After The Bell 20240712

Wallet. Well see that math. Fox Business Team coverage, Lauren Simonetti is watching the markets but well kick it off with blake burman who is at the white house as we await the president s remarks. Blake. Reporter melissa and connell, for the second day in a row the main event for the president will involve deregulation. Senior Administration Officials are not saying whether or not there will be a big policy announcement here. They will say, it is quoteunquote, victory lap. Here is the press secretary Kayleigh Mcenany from earlier today. The president reversed the disasterous overregulation of the obamabiden administration. Under President Trump 7 deregulatory actions have been taken for everyone new regulation. This amounted to 50 billion in regulatory cost savings. Reporter elsewhere today, some pretty eyepopping comments from attorney general bill barr as he unloaded on chinas ambitions and role u. S. Companies play in that company. Google, microsoft, apple, all have quote, been to

Transcripts For CNBC Fast Money 20240712

Gain tackling your questions on the rally ahead. The trader radar, what are you buying and selling today, josh melissa lets start with what is popular on robin hood according to robin track. That the Spartan Energy acquisition nio popular not only today by the way but saw the biggest gain in popularity for the week netflix, amazon and microsoft. As for Spartan Energy, lets dig into names there is report it could do a spak that would allow the ip ocho plan to make a vehicle everybody wants a piece of the market phil wouldnt be surprised if this happens then lets move on to fitbit, another name to watch. Reuterss did a did a report goy be able to avoid the full investigation into the bid for fitbit if it promises not to use the data to target ads another one to watch, bed bath and beyond reported earnings, sales dropped 50 but still has plans on the street. Raymond james reaffirming a stock buy says it should represent the low water mark in sales and earnings ill end with netflix. That p

Transcripts For BLOOMBERG Bloomberg Technology 20240712

Wave of protests across the country following a shooting of yet another black man, rayshard inoks, outside a wendys atlanta. All of it captured on video. First, i want to digest the market moves and bring in abigail doolittle, who has been following it all. Why such a volatile day . Abigail really a wild today. Today and overnight tonight, there was a risk off tone. There was a bit of a haven bid for bonds. Nasdaq up more than 1 . Thefixed on the nasdaq vix on the nasdaq had been above 40. At the close, below 40, so again, less fear at the end of the day. Trade, the stayathome trade. 6 , and credible, but tesla up 6 . If you believe it, that stock up more than 130 on the year. As for why, i would like to say it is something exciting, fundamentals, but that is really not the case. It has to do with the dollar. The chart in, the nasdaq 100 and white. When a dollar goes down, it helps risk assets go higher. What we had earlier today was up half a percent, now the dollar is down its call i

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