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CNBC Power Lunch July 12, 2024

Thank you. Wall street is waiting on the deal on more stimulus from Washington Well have more on that in a second first as we head into the last month of trading before the election, october bring a number of hurdles could there be an october surprise for the markets bob has more on what to expect bob. There usually is. The good news is we have a positive start for the quarter the big story remains stimulus and the chances for getting the stimulus through the other story well hear a lot is earnings. They are better than expected. The early quarter is much better than expected. We had one of the Big Semiconductor companies came out with positive guidance thats moving all of the Semiconductor Stocks thats a big important sector. Elsewhere Different Companies out there but they have beaten the earnings constellation pepsi reinstated their guidance. That stock has been moving bed, bath and beyond they had 50 cent na they are expecting a loss. The positive trends continue into september tha

CSPAN House Hearing On Corporate Integrity Compensation During COVID-19 Part 2 July 12, 2024

The dpa is finally being utilized. They got entrusted with such an important task. Frankly, it is a joke. Knowing the circumstances around , the options granted, the early leak of the announcement, there is potential here for unlawful insidertrading. I would go beyond that. In terms of potential violations. I think there is potential that the sec could find a range of violations. Regarding individuals involved in manipulation. We do not know. We go back to insidertrading enforcement. There is also a broad range of federal statutes that can apply. In the scope of the investigation, it is real. The questions that were posed by the internal investigation, they are very narrowly framed. Committee, there is still plenty to look at. There is the potential for the commission to find and recommended forstmann actions. Thank you. I appreciate that response. Can you discuss where the harm and causes shareholders Capital Markets and taxpayers . The core issue is credibility. We have to go back to

CNBC The Profit July 12, 2024

Mary lou im afraid. Lemonis listen, listen. Listen, come on. Mary lou im afraid. 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. Chuck lets take a look at this because this fits well. Mary ellen yeah, this looks great. Lemonis swim by chuck handy is a familyrun Swimwear Company focusing on plus sizes. Mary ellen how does that look . Chuck yeah, i like it. Lemonis chuck founded the company in 2010 when his wife, mary lou, complained that plussize swimwear was hard to find. Chuck i love the cut. Its very slenderizing. Lemonis chuck was one of the leading salespeople in the swimsuit industry for decades. But when he started this company, he appointed himself a des

KNTV Today July 12, 2024

25x faster than todays 4g networks. In fact, its the fastest 5g in the world. His parents pleading for peace from the network more people rely on. This is 5g built right. I know theres a lot of damage that doesnt reflect my only on verizon. Son or my family our live report from the ground on the breaking news this morning. Melanias moment the first lady Takes Center Stage during the second night of the Republican National you li. To soccer practices. Whether you like it or not,. And new adventures. You always know what you hope the more you give the less theyll miss. Convention honesty is what the citizens deserve from our president whether you like it or not, you always know what hes thinking the president seizing the but even if your teen was vaccinated against meningitis power of the office to win reelection from a surprise pardon and immigration ceremony to a white house backdrop. Were live with what to expect tonight. In the past. Too close for covid . They may be missing vaccinat

CNBC Fast Money Halftime Report July 12, 2024

Jim, jon and shannon lets get a check on markets this hour. Stocks are plunging again. Off theirs worst levels and the nasdaq is the biggest loser of the day led by the Technology Names. The dow was up at one point this morning almost 250 points. Now has done a complete uturn and is down triple digits ina big way. Theyre off 425 points thats off the lows of the day the last couple of days, has it made you frightened of what could be to come no. Not at all i think this is healthy profit taking i think whats going on is this massive rotation from growth into value if you think about it, the russell 1000 growth index even after this pull back is up 21 year to date you know that apple and nvidia and zoom are up 340 from the march lows in is healthy i think the rotation makes sense. The reason it makes sense is because the Economic Data continues to surprise to the up side were recovering faster than anybody thought. This is on top of yesterdays data part of consumer manufacturing now youre

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