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CNBC Power Lunch July 12, 2024

An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good numbers today. Our manufacturing and services is keeping us positive just want to show you some new highs. A lot of stuff involved in tech. Internet, anything having to do with the internet. Fdn is the new one the hold building, that itb had been on fire eight straight weeks of gains. U. S. Home sales hit a record pace today we saw home prices also move up as well. Look at some of these new high list is fairly thin but a lot is building related horton, pulte, lumber liquid daters these are all at

CNBC The Profit July 12, 2024

Lemonis if i cant help these guys return to their roots. So you did 1 million with the watches, and then youre like, thats too much. Brad if its not broke, dont fix it. Lemonis . This business will stop ticking for good. Travis walk away, then. Lemonis my name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs and i do it to make money. This. Lets go to work. Is the profit. In 2010, lifelong friends trevor jones and Travis Lubinsky founded flex a watch company with a cause. Trevor we make watches that give back. Every purchase helps provide meals for children in need. Lemonis with their positive message, a reasonable price point, and bright, fun colors, the company stood out in a crowded field. Travis the watches are actually all gonna be inter

CNBC The Profit July 12, 2024

I dont know what im buying into. Im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman 2 i work here because i care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. Ive always been interested in investing in the multibilliondollar Leather Industry because it allows for great margins and great sellthrough. About a year ago, i received an application from a Company Called lumillamingus, which was started about 6 years ago and continues to struggle. How are you . Lulu hi im great. How are you . Lemonis im marcus. Lulu oh, its so nice to meet you. Lemonis are you lulu . Lulu thanks for coming. I am lulu. Lemonis nice to meet you. Where are you from . Lulu guess. Lemonis wherever heidi klum is from. Lulu no, denmark. Shes from germany. Lemonis okay. Lulu yeah. Lemonis its not that far. Lulu close enough, close enough. So thi

CNBC The Profit July 12, 2024

Lemonis dave. This lids gonna blow right off. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Milwaukee has some of the best food and drink in the country. Something i know well because i went to college there. Thats me when i had hair. And one of the newer local favorites is the soup market. Stephanie hi, honey. How are you . Lemonis a quickservice chain started in 2004 by chef dave jurena and his business partner. Dave anything else for you, sir . Lemonis dave did the cooking while his partner ran the business. Woman thats good. Lemonis and before long, the soup market had expanded to five locations, with plans for many more. Then daves partner and coowner died sud

CNBC The Profit July 12, 2024

Travis this is who we are lemonis if i cant help these guys return to their roots. So you did 1 million with the watches, and then youre like, thats too much. Brad if its not broke, dont fix it. Lemonis . This business will stop ticking for good. Travis walk away, then. Lemonis my name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs and i do it to make money. This. Lets go to work. Is the profit. In 2010, lifelong friends trevor jones and Travis Lubinsky founded flex a watch company with a cause. Trevor we make watches that give back. Every purchase helps provide meals for children in need. Lemonis with their positive message, a reasonable price point, and bright, fun colors, the company stood out in a crowded field. Travis the watches are a

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