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Transcripts For FBC The Claman Countdown 20240712

The last 19 seconds. We are up 52. The nasdaq up 223. So heres the situation. We are indeed about to get an update from the president s physician on the president s condition and breaking news of the timing of his discharge. We will take you straight to Walter Reed Army Medical Center as soon as the briefing begins. We are told 3 00 p. M. Eastern. Its right now, 3 00 p. M. Eastern. We are watching it. Little moving target but we have the cameras set up. The testing storm that whipped through the white house since the president tested positive last friday is shining a bright light on xpresspa at this hour. Tomorrow it will roll out its Rapid Testing site at jfk in new york. Diagnosis in five minutes for anybody at the airport now, passengers, workers and first responders. Ahead of that, you are about to get an exclusive first look, the walkaround at the brand new Testing Center from the ceo who is there on site. A full 24 hours before they open. And the latest entrant in the electric ve

Transcripts For CNBC Closing Bell 20240712

Fears. And companies from roku to Western Digital have been tempering expectations thats hurt sentiment a bit. Gold is at a record high nasdaq set for another record close, comfortably now up a full 1 . Continuing that breathtaking rally, coming up on todays show, the bet on pets. The ceo of the company that makes medicine for pets and l e livestock. And more earnings rolling in today after the bell, including uber, dropbox and t mobile also a first on cnbc interview with mike seifeieve seavert eamon javers has the latest on the stimulus stand offin washington, and phil lebeau is watching the airlines. Start us off with the broader market, mike. Today is a good example of how we are now in a market moment where the threshold for rallies on news is much lower than the threshold for a sell out. Nertsd, the market takes most good news and kind of shrugs off the less good news we got the better than expected but still kind of ugly jobless claims number. That palmback went away. We were fla

Transcripts For BLOOMBERG Bloomberg Technology 20240713

Founder of another vaccine inovio. Meantime, jay powell reiterating that the fed plans to use all the weapons in its arsenal to help probably u. S. Economy in the coronavirus pandemic. To give us a breakdown, i want to bring in markets reporter taylor riggs, who has been following all the action. Tech returning as the leader today despite the overall drop. Taylor just before the last two hours of trading, most equities were in the green. The nasdaq sort of leading those gains. Getting back to that leadership that has been missing. Of trading,w hours the moderna vaccine, that the study may be did not produce enough clinical data. Words, thelot of underlying data that you wanted. Tech did resume today, providing some defensiveness. The fangs coming out and being the only major indices in the green. Thet of a shift relative to previous days. Amazon set a high bar in terms of earnings results. Taylor this has been the bull and the bear case. People were wondering, could a company like walm

Transcripts For CNBC Fast Money 20240713

Falling 973 point, but the real damage was done in the small caps which got a lot smaller today. The small cap indexes, you name it, you can throw a dart and hit one, it was down 7 to 8 . Small caps on concern of the domestic economy taking it on the chin you also have to look at the big banks. Big bank stocks also in the red. You heard the gang before just talking about it and also focus on boeing. Boeing losing another 12 today. Another very difficult day for boeing and the airlines in general. Just a reminder, we of course, at 5 00 will be monitoring that White House Coronavirus press briefing when it occurs, if you have marketmoving headlines or headlines that you need to know, we will bring you into that as always, waiting for it to begin and well dip in once or twice during the show, as well welcome, everybody as said, im Brian Sullivan and we have a great trader panel we have tim, karen, dan and guy. The gang is all here, and karen finerman, i want to begin with you because i kn

Transcripts For CNBC Squawk On The Street 20240713

Day of november on the backs of home depot and kohls, both tumbling after cutting outlooks and comps forecast. The record rally for stocks, it rolls on. Futures as you saw pointing to renewed all time highs at the open and vaping crackdown. California suing juul for marketing to teens new york set to make a socalled major announcement of their own later today. Well start with retail, though, home depot shares down on the premarket, earnings did beat but sales missed and company cuts the full year outlook saying integration is not delivering as quickly as they thought. Kohls tumbling on weaker guidance i was curious to hear you say a moment ago that lowes is getting to be the better buy because well see that print tomorrow. Yes i have to tell you, i think Marvin Ellison energized the place. One thing that happened was that lowes fell behind home depot technologically. They didnt have the systems that is no longer the case as Marvin Ellison rolls out technology at every single lowes, and

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