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Transcripts For FBC Varney 20240702

Most of the dow in the green. The 10 year treasury yield paris like close to 4. 5 , , the price of oil, 77, dont know what that is. Anyway. Lets move on. We just received, theres bitcoin and theres bitcoin, 67two. We received the latest on consumer sentiment. The number please. Lauren 69. One, thats better than the expectation which was for 67. 5, thats your final number for may. It went up because Inflation Expectations went down. Stuart thanks. Now this. August 5th, 1980, republican president ial candidate Ronald Reagan took his campaign to the south bronx, that was a gutsy move, the bronx was and still is solid democrat. Reagan saw opportunity. He could blame president carter on urban blight and pick up some votes and wasnt afraid to meet bronx residents facetoface. Watch this. Im trying to tell you. Im trying to tell you that i know now there is no program or promise a president can make that the federal government can wave a wand and do this. There is legislation in congress, legi

Transcripts For CNBC Squawk 20240702

To file an antitrust lawsuit against ticketmaster parent livenation as early as today lets begin with nvidias blowout quarter. The Company Revenue more than tripled in q1, and its datacenter business grew by more than 400 over a year earlier sending shares above 1,000 for the first time heres jensen huang on the call last night the demand for gpus and all the datacenters is incredible. Were racing every single day, and the reason for that is because applications like chatgpt and gpt 4o and now its going to be multimodality and gemini and its ramp and anthropic, you know, all of the work thats being done at all the csps are consuming every gpu thats out there jim, a lot of the commentary today says any worries about an air pocket probably get assuaged today. Yeah, look, there was a lot of teaching on the call last night. Jensen came in right after colette kress, the amazing ceo usually he comes in later, but he wanted to explain to people about the Industrial Revolution thats begun and

Transcripts For CNBC Squawk 20240702

Geopolitics and what is happening in gaza and israel and what is happening in ukraine and russia and the economy as so much more. We will bring you all of that conversation ahead over the next three hours. Well be showing you pieces of that interview all morning long. Andrew, your biggest take away the biggest thing you think will be most important for the markets or investors watching with us . You know, we got into the conversation which we will show you in the 7 00 hour with the euro it is likely the ecb will move ahead of the fed and that will weaken the euro. There are a lot of take aways how he is thinking about politics and we talk about the issues with china and we mentioned tiktok i mentioned that in new caldonia, where there are riots taking place, they shutdown tiktok he had pointed words with how the United States is thinking about china as an enemy or frenemy. There will be pieces of this that folks will be watching. The euro is down 2. 5 on the year just on those concerns

Transcripts For FBC The 20240703

Nearby trade school that will teach people these higher wage skills that they need to have in racine, wisconsin. Just putting it out there, charles. Charles yeah, i know what they say, but i know what history says. [laughter] how do we give microsoft a nickel . Microsoft could buy america. How is america giving microsoft money . If. Liz yeah yeah, what he said. [laughter] thank you. Rock on with your bad with self, charles. Look, it took a bit of time for the markets this morning to start the old bad news is good news dance, but as we kick off the final hour of trade, folks, we are at a session highs. The stock bulls are back on the dance floor. Look at the Dow Jones Industrials, up 311 points. We just touched a high of 324 the points to the upside. Were pretty much if right there. The dow is on pace to extend its winning streak to seven sessions in a row. Look at the s p, up 24 points. It is above 5200, 5212. And then though the tech sector is the sector weakling today, the nasdaq whi

Transcripts For RT CrossTalk 20240703

Right general and cross type rules and effect, that means can jump any time you want. And i always appreciate it. All right, lets start out with george and budapest. There was a pattern here developing george every time the president of france, a menu of mcgraws, speaks to the economist. He causes a lot of mist yet. Okay. Any shatter is that, that claim that nato is completely locks that unit by because every time he speaks to the economists, he gets a lot of other nato members, important ones like b, u, k. It disagrees with him. So what did he say this time . The 2 major takeaways were um, and this is about the introduction of french troops or nato troops. Never really clear to me what the translator should make that clear, but he doesnt. Um, so nato troops are french troops with inter ukraine, if ukrainian lines were breaking. Well, they are breaking. Okay, so the 2nd one is if you give requests, so i have to read a request for assistance. I just have to wonder it is mister only have

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