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Transcripts For CNBC Squawk Alley 20240712

A day. Yesterday that was a big head wind as the market did get up the s p just to the cusp of those old highs. We did it without the help of technology, of the big Growth Stocks everyone is talking about this rotation the nasdaq has had yet another of its fairly routine pullbacks so far it has bounced to maintain this up trend today yes, tesla helping it, but really it is the old favorites as well, just picking up the slack and the s p is right back to yesterdays afternoon highs before we had that shake out going into the close. Julia, david faber mentioning last hour the passing of Sumner Redstone, a legend in the content world. Coin that phrase content is king. Has a bit of feeling the end of an era, of course, he lived well into his 90s but what are your thoughts on what a figure like Sumner Redstone meant in his prime and who is defining this era right now. Well, certainly, jon. He was the ultimate media mobile of that raera. He was responsible for the consolidation of so much con

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Transcripts For CNBC Squawk Alley 20240712

They say that they are going to begin a phase three trial later this month, but until they have that data, and they havent published any of the early data either, the long term effects and the safety of the vaccine remain unclear ive been talking with experts this morning from the childrens hones hospital of philadelphia and he says that there is no way that they could have any evidence that the vaccine works at this point. And it is based on technology that is not dissimilar from what other Vaccine Developers are working on, essentially using two other harmless viruses to ferry genetic material from the coronavirus to produce a immune response against it. J j is pursuing one vector using that same approach so not a lot known about this and experts are concerned that russia is approving this before they know if the vaccine can really protect people and if there are any safety concerns that would turn up when the vaccine is administered to more people they say in the United States and o

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Transcripts For CSPAN2 Author Discussion On Race Riots The Police 20240712

The house Newt Gingrich offers his thoughts on why donald trump should be reelected with his book trump and the american future, solving the great problems of our time. Watch booktv on cspan2 this weekend. Welcome to the Manhattan Institute webcast on race, riots and the police. Thank you for joining us for this important and timely conversation. Im jason riley, a senior fellow at the Manhattan Institute. Throughout the program please enter your question on any of the platforms you are watching us on and we will either wrap them into the discussion or save them for the q and a at the end of this event. I want to let you know that before we get started but more important for timely conversation, since the death of george floyd in Police Custody last month we see nationwide unrest, protests not only here in america but internationally in a certain narrative take hold that starts with the assumption the only way to view George Floyds death is through a racial lens lose all the accounts be

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Transcripts For ALJAZ NEWSHOUR 20240712

Filling a controversial dam on the blue nile saying the lising waters a juta heavy rains. Specifically for the fish. Feasting in cartels waters why its the perfect home for the seas gentle giants. And im kind of how much now have all the sporting kidding seriously that the event is just 33. 00 draw against. The title in a row. Just how safe are online accounts in the past couple of hours europes top court has struck down a data sharing privacy agreement with the u. S. Because of privacy concerns in america now the case was brought against facebook and the ruling could have far reaching implications for companies which share data around the world that decision comes as twitter scrambles to find out how hackers were able to post fake messages on some of its most followed accounts victoria gay can be has that report. The fake tweets were only on screen for a few minutes but long enough for people to capture screenshots of several before they were removed which is confirmed and identified

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Transcripts For CNBC Squawk Alley 20240712

This year. It has been on a tear, and we will, of course, continue and watch and see what the major indices do today we begin with twitter and that massive security hack pressuring that stock this morning. It is off the lows, though, up about 1. 5 that attack targeted some of the companys highest profile users including elon musk, former president barack obama, and others joiningi joining us now is robert hirsovek good morning. Good morning, everyone. They say it was a coordinated social engineering attack that successfully targeted some of our employees who had access to tools. What this said to me is this was a con more than it was a particularly sophisticated technical attack, and im reminded all of twitters employees are working from home. I mean is this the first red flag of working from home . Its the first one thats made so much media i can tell you from personal experience we do a lot of Cyber Security, manage a lot of corporations were seeing a growth in phishing like weve nev

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