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Transcripts For FBC The Claman Countdown 20240712

High. It is still heading toward its Third Straight winning streak, up 65 points. S p better by 22. The nasdaq up 148. You could argue that the dow and the s p are hamstrung by some serious weakness in financials, particularly regarding citigroup. That stock is taking a hit right now. Its down about 4. 7 . We are watching all the financials. Goldmans down i believe we also have Morgan Stanley down and some of the other big names. Tempest fugit when unveiling more than a dozen new offerings. Apple time flies event just ended with multiple bangs. We will start with the sizzle but theres a lot of steak here. Lets get with the apple watch to begin with. You got to do the colors, right . This is sort of the lighthearted stuff. Blue, a new blue, a new, i dont know, kind of rose gold watch, theres a bright ferrari red, you can see that right there. Then sticking with the sizzle, they hired an artist who came up with customizable faces for the new sixth generation apple watch face. It is calle

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Transcripts For CNBC Closing Bell 20240712

The only stocks that are doing well right now, some of the reopening trades and some of the big laggers for the year like cruises and airlines and some retailers still in the Green Energy Stocks also outperforming. Is this the start of a serious correction or a buy the dip opportunity were diving into that debate. 59 minutes left of trade 59 minutes of of this roller coaster session. Lots of guests as well the market pulls back. Well speak with three ceos that got insight into the state of the consumer, their spending and recovery in america. The ceo of campbells soup will join us on the back of had his companys Earnings Results that stock down 7 right now plus, well get two reeds on the beaten down travel sector with glenn fogel and mark hopelinger. Well speak with nick clegg about the new policies surrounding the election looking forward to that one. Lets get straight to our top story of the day the market selloff Mike Santelli has more on the major market pull back. A big pluflush o

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Transcripts For FBC Making Money With Charles Payne 20240712

Possible covid19 treatment all in the name of politics. Biden and his very liberal running mate should immediately apologize for the reckless antivaccine rhetoric that they are talking right now, talking about endangering lives and it unmines science. Charles well get reaction from the rnc and along with Fox News Contributor liz peek. All that and so much more on making money. Charles well the markets opened under considerable pressure today, extending the selloff that began late last week. For the most part everyone agrees stocks were over their skis especially growth names that went parabolic in august. What is not agreed how much pull back we should expect. On that note i would like to there are different variety of pullbacks. There could be a shallow downturn. There is pull back to the former breakout roy is old resistance points. There is breakout to the 50 Day Moving Average. Worst one is 50 retracement. You see a pullback of at least 50 of gains that were established from the ma

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Transcripts For CNBC Squawk Box 20240712

Territory in a single trading session. For some, it was even worse than that check out shares of apple down it lost 180 billion in market cap. That is the largest oneday lost for a u. S. Listed company on record if that isnt enough to get your attention. Apple lost more in market cap yesterday than the individual market capitalizations of 470 of the companies in the s p 500 it wasnt just apple microsoft, alphabet, microsoft and even tesla saw their market caps shrink. Microsoft down by 115 billion amazon off by 93 billion. This morning, things look a little better. You still have the dow down 150 points right now, it is reverse that up 300 points the nasdaq saw the biggest declines, up 27 points right now. We have to keep that in context a few things in here as well talking to people all day yesterday, here is the list. Youll want to know exactly what happened it was the nasdaqs largest drop you dont go up 400 and down that will be highspeed trading. That would matter until they do. Va

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Transcripts For CNBC Closing Bell 20240712

From Home Software stocks. And tech continues to lead, apple, netflix up 4 it is walmart the top performer in the s p 500 were going to dig into that one. Record close watch 59 minutes left to trade. That meat and potato and delicious gravy joke from tyler. A bit of an inside conversation between the two of us today. Of so apologies for that lets have a look at what is coming up along with the meat, potatoes and gravy the ceo of labcorp joins us. Florida is severing ties with quest diagnosics and walmart upping the stakes with amazon announcing the launch of the prime competitor well discuss with the former head of walmart u. S. And a food giant bets into the biotech game well speak with the ceo of nest nestle bet with a peanut allergy treatment. Mike santoli is tracking the action on this first day of september. Josh lipton is focusing in on apple and what could be the next catalyst for that stock. And phil lebeau has details on teslas Share Offering we have another tack on rally. A l

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