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Transcripts For RT Boom Bust 20240711

Celebrated thanksgiving a month and a half ago, and since then, the nation of 37000000 has seen its daily coronavirus case count, nearly triple. According to the Public Health agency of canada, the number of infections has gone up from 2000 new cases a day in mid october to around 5500 a day, with few canadians flying to get their turkey dinner. Many are blaming the festive gatherings themselves and not travel for the surge. If the current trend continues Public Health officials in canada say that the country could see up 260000 new cases of covert 1000. 00 per day, by the end of december. In the states, a search like canadas would likely take the country over the edge. Currently, the u. S. Is seeing approximately 200000. 00 new infections a day. With the current trends, christmas will likely be very different this year in both the u. S. And canada. But there is a light at the end of the tunnel. Vaccines are being fast tracked to combat the virus. And one of the front runners from phar

Transcripts For RT Boom Bust 20240711

A big drop from the same day in 2019 when 2900000 people were screened by the t. S. A. The reason many chose to stay put the states giving is obvious. Namely the coronavirus pandemic. U. S. Officials warned against travel over the holiday. This after seeing a dramatic jump in coburn 1000 cases north of the border in canada. Canadian celebrated thanksgiving, a month and a half ago. And since then, the nation of 37000000 has seen its daily coronavirus case count nearly triple. According to the Public Health agency of canada, the number of infections has gone up from 2000 new cases a day in mid october to around 5500. 00 a day with few canadians flying to get their turkey dinner. Many are blaming the festive gatherings themselves and not travel for the surge. If the current trend continues Public Health officials in canada say that the country could see up 260000 new cases of covert 1000. 00 per day, by the end of december. In the states, a search like canadas would likely take the countr

Transcripts For CNBC Fast Money Halftime Report 20240711

Begin with the oracle of omaha well start with the trimming of apple shares hes got more than 900 million we totally get it. Its not like buffetts bailing on apple in any way. It did sell about 36 million shares what is this, do you think is it simply Portfolio Management i think thats exactly right, scott. Its Portfolio Management. Apple being one of the most liquid stocks in the world on any market he could have sold a lot more than that if he had wanted to. So this is just, look, the stocks had a great run, hes pairing back a little bit, got a lot of cash. What i found kind of surprising is that with that much cash, actually not surprising but confirming on the value of the market is that he really hasnt made any big acquisitions. Hes only said hell only buy his stock if he cant find anything else to buy they scooped up 9 billion of their stock in the last quarter. They continue to buy back a lot of stock i do wonder even at the margins, ty any, if this is in any way a statement tha

Transcripts For CNBC Squawk Alley 20240712

Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what

Transcripts For RT Boom Bust 20240712

This is the one business show you cant afford to miss im sorry montevideo brainwashing and coming up Global Markets are reacting to buying rather trump health is improving in his tweet just hours ago as well as hoped for more stimulus we have a panel standing by Airline Industry hoping for another stimulus bailout but will the industry boost passenger confidence after administering rapid covert 19 tests have a lot to get to our. Internal documents reviewed by bloomberg show exxon mobil is planning to increase annual Carbon Dioxide emissions the documents revealed exxons output will be the size of the entire country of greece in a statement exxon said these projections are an early assessment that does not include additional mitigation and abatement measures that would have been considered as the next step in the process adding the same planning document illustrates how we have been successful in mitigating emissions in the past this comes as rivals b. P. P. L. C. And Royal Dutch Shell

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