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Transcripts For CNBC Power Lunch 20240712

Deal to buy the company could come in next few days and theres a third bidder enter the fray walmart, wait, what. Thats right we have the details walmart entering that one. The sports world at a virtual stand still. The nba pauses playoffs to put a spotlight on Racial Injustice in america. The Houston Rockets owner will join us. Well talk about that and the hurricane as power lunch starts right now thanks stocks are giving up sol me of their early gains. Bob has the latest for us. Banks and health care are leading but most Everything Else is down. Sell off in the middle of the morning. That as an attempt to take some profits on tech stocks these sell offs dont last long. Look at the triple q here in is the nasdaq 100 at a new high its a rule here it goes up for four days and maybe down one day we have seen this for a couple of months now. Here you see the teams to sell it off it doesnt last very long. Theres been a lot of people arguing, look at the megacap tech names its time for a pa

Transcripts For ALJAZ NEWSHOUR 20240712

A consultancy so far so far be taking a trip online the Tourism Industry looks to technology as the coronavirus pandemic limits global travel. Im going to go with the sports world number one can fans here play at tennessees u. S. Open next month and paris and celebrate every turn to the Champions League semifinals for the 1st time in 25 years following a stunning comeback when. The government crackdown on dissent in belarus following a disputed election is intensifying another 700 people have been detained after a 4th night of protests they join 6000 already in custody some foreign journalists are also being detained in the hotels in the past hours theres been a fresh wave of peaceful protests women have formed human chains in the capital minsk and the demonstration against the crackdown the unrest was triggered by president elect on the look of shame because landslide win in sundays election which the opposition says was rigged the u. N. Human Rights Office has condemned his governmen

Transcripts For ALJAZ NEWSHOUR 20240712

A state of emergency standards but thats little comfort for those still living among the rubble after last weeks blast in beirut. And im leah harding with sports tennis world number one Novak Djokovic confirms hill play at the u. S. Open next month and paris danger man celebrate a return to the Champions League semifinals for the 1st time in 25 years after a stunning comeback when. I begin tonight with breaking news u. S. President donald trump has Just Announced that israel and the United Arab Emirates have agreed to normalize diplomatic relations the white house says that its part of a deal to halt the annexation of Palestinian Land i can also tell you that the peace deal was apparently sealed in a foreign call on thursday between u. S. President donald trump israels netanyahu. And crown Prince Mohammed bin desired. As part of the deal as we said israel has agreed to suspend applying sovereignty to areas of the west bank that it had been discussing an exciting this is a Major Develop

Transcripts For CNBC Power Lunch 20240712

Go from tech giants to taxi giants air travel slowly comes back the its a administrator will be here and the billionaire tilman. Hell tell us how the economy could get worse before it gets better welcome, everybody power lunch starts right now money cant coming out of the bond market. Those yields remaining pretty low. Rick has the bond picture. Well go to him on that. Bob has more on this market. The important thing is were at new highs intraday bp well see if we close there. We have our old Friend Technology stocks pushing the market forward tech, Consumer Discretionary but thats largely because of amazon and maybe sochl the ame of the s people the s p is going to have a hard time going down big. Kohls down. Gap down you see these declines this is not about the second quarter. This is about comments being made about whats going on in the third quarter. Look at walmart ceo. He said consumers are spending money but not at the pace they were in the middle of the quarter. Its off to a sl

Transcripts For ALJAZ NEWSHOUR 20240712

Back down and their rejection of sundays disputed president ial election. Several e. U. Countries see a steep rise in corona virus infections prompting fears of new knockdowns and stricter quarantine measures. And im lee harding with sports tennis world number one Novak Djokovic confirms hell play at the u. S. Open next month and paris and her mom celebrate a return to the Champions League semifinals for the 1st time in 25 years after a stunning comeback when. U. S. President donald trump has announced the formalization of ties between the u. A. E. And israel as part of the deal israel will suspend plans to addicks palestinian territory donald trump says the u. S. Helped broker the deal which will see the u. A. E. And Israel Exchange embassies and ambassador the 2 nations are expected to meet in the coming weeks to sign agreements. This is a truly historic moment not just the israel jordan peace treaty was signed more than 25 years ago as so much progress being made towards peace in th

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