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Transcripts For CNBC The 20240704

To buying and selling friends across the country. We begin with dom chu with the latest numbers. Its green across the screen, but the tech trade, which has been the leader for the last several days, and even months and quarters and years at this point, is the underperformer in todds trade. Well go through that in a moment. Its the dow up nearly 300 points, three quarters of a 1 gain there. So a laggard is the leader in todays trade. The s p 500, the broader measure, 5170 the last trade there, up about 20 points. At the highs, we were up 23. So near session highs. We were down 18 points at the lows of the session. Up one half of 1 there. And the nasdaq composite up 16,151, up 48 points, roughly 1 3 of 1 . So its the laggard in todays trade. I mentioned the technology trade. Crypto is part of that narrative right now. Bitcoin prices, currently down about 3. 5 , 64,800 and change. Remember, just in the last several days, bitcoin prices were above 73,000. Eit ether prices were above 4,000.

Transcripts For CNBC Fast 20240704

We have several moves to get through from the committee today, and were going to start there and start with josh brown who bought a few new things. I want to tell you about all those. You bought ebay, which hit a 52week high on monday. Thats the highest since february of last year. Tell me why that one has been added to your portfolio. So this is a breakout in progress. It got above longterm resistance, which was 48. I think it will hold that level, but well have to see. This is the highest level ebay has traded at, really, since april of 2022. It had been in this range between 38 and 50 since the summer of 2022. So this is basically a stock that cant get arrested. Theyve had literally no support on wall street. Nobody wants to talk about it. Its ten times earnings. We know the reason why its ten times earnings. Facebook came into the marketplace business a few years ago, stole some of ebays thunder. Theres not a lot of growth here. But thats the point. Youre not paying for growth. At

Transcripts For CNNW State 20240706

The new normal. Eight People Killed in a texas Shopping Mall rampage. A 5yearold child among the injured. It is just unfathomable to see the carnage. What will it take for americas leaders to act . The state from uvalde, democrat roland gutierrez, will join me on his efforts to change gun laws. Tough talk. President biden and Speaker Mccarthy set to meet with the nations Financial Stability hanging in the balance. America is not a deadbeat nation. We pay our bills. Reporter will we, when the bill comes due next month . Top democrat dick durbin will be here to talk about that and a crisis at the Supreme Court. Plus power struggle. New setbacks for russia and a growing threat in the middle east. A Special Cnn Exclusive as the House Intelligence Committee heads overseas. Republican chairman mike turner and ranking democrat jim himes join me. Hello. Im jake tapper in washington where the state of our union is once again shaken. Eight people are dead and at least seven others injured outsid

Transcripts For CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20240707

sort of jams that narrative up and here is why. the first request for prechb r prechb race of records came from congress on january 16. the email migration happened on january 27th. and our understanding is that they were told in december and then again on january 25th how to preserve those records, that if they were going to do it, they would need to do it themselves. basically one of these emails made that you might get at your own office from your chief information officer saying we re moving to a new system, so you are going to upload your documents, you have to do it yourself. right now the secret service again continues to say, look, we re doing everything that we can to rectify this. so for example, they have handed over about 10,000 records to the house select committee. they have this cover letter explaining what they are trying to do to rectify the situation and what they can expect to see in this 10,000 records. they also say that they are continuing to do this for

Transcripts For CNNW CNN 20240703

Hello, im Brianna Keilar In Washington. Jake tapper is in tel aviv, and israel is widening its offensive against hamas. Launching a series of overnight strikes at the gaza strip. Taking aim at hezbollah in lebanon. In gaza alone, the idf hit 320 Terror Targets overnight including tunnels and dozens of hamas command centers. A spokesperson said hundreds were killed. A warning now that the video youre about to see is graphic. You see there, one of the smallest victims, a toddler, pulled from the rubble in rafah, in southern gaza. We do not know the condition of that little boy. Also sources telling cnn the Biden Administration has Presseds Ream to delay its imminent Ground Invasion of gaza to allow for the release of more hostages and to get more aid into gaza. Jake. Just a trickle of these critical supplies have come through. 30 some trucks so far. Cnn has calculated that gaza is 7200 truckloads short of supplies. Receiving half of the 1 of the aid it normally received before the hamas

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