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Transcripts For KRON KRON 4 News At 9am 20240711

Advisory. For the bay bridge that chp issued a really early this morning, it still stands. But the good news is not a lot of traffic in your way though if you are going to be heading into downtown San Francisco. In fact a look at the drive time much improved as we kick off this 9 oclock hour 10 minutes for your westbound 80 drive out of the macarthur maze across the upper deck and into downtown to the fremont street accident. The san mateo bridge improving here as less folks on the roads and that we saw the last hour a 13 minute drive time. No issues on the flat section the high rise looks good and its going to be a a really nice drive off or youre westbound 92 right over to that 1, 1, connector in foster city. Ill check the richmond sandra fell bridge and the golden gate in just a couple minutes back to the news. Thanks a lot 9 oh one the big story most of the bay area is going into big lockdown tonight you can see San Francisco contra costa alameda and santa clara counties. Those all

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Transcripts For CNBC Squawk On The Street 20240711

John malone with the legendary media icon has to say about the covid19 virus, direct to consum consumer, streaming, so many other topics we hit in our hour long shutdown. The ceo of goodrx, we had him last week, since then, amazon came into the business what does it mean for his business carl, well ask that question amongst others. Yeah, thats good stuff for this hour, guys. Jim, we talked for last week and a half about the fact that a path to the vaccine would face some setbacks and clearly new york city schools, new state of emergency in wisconsin, speak to that i think that one of the things that we needed was a bridge, which would be stimulus, to the vaccine we dont have the stimulus were getting terrible numbers, we have half the country that thinks the numbers are okay, given the fact that the death rate hasnt skyrocketed. We have the other half, were saying, look, if we dont do something about it, then the Healthcare System is going to be overwhelmed. In that scenario, it is ver

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Transcripts For CNBC Closing Bell 20240711

Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ

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Transcripts For CNBC Power Lunch 20240711

Stock hitting what . An alltime high ahead of its investor day next week, despite all the obstacles that face its parks and movie businesses weve got those details. Look at disney run and later the director of National Intelligence says china is the greatest threat to the United States and wall street may be getting stuff in the middle of the war of words we will explain as power lunch begins right now thank you, ty. Record highs across the board including the russell small cap two 2000 lets go to dom chu. The composite index is still up on the yeartodate basis offer the last few months, the gap or difference between the dow and s p has stayed relatively constant. Still, though, the s p up 14, the dow up 5 to 6 on that yeartodate basis looking at other trends in the markets today, look at shares of caterpillar. One of the bigbigg egebiggest ie biggest contributor. Caterpillar shares up 4. 5 we put a gold star up there as well one of the other things that were watching right now is what

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Transcripts For CNBC Mad Money 20240711

Unemployed virus spiking and vaccine is not coming soon enough this warp speed is too slow. As wall street sees it, worse news is better for a stimulus bill the nasdaq has been lagging. 70. Yet, we saw buying in many of the stocks really would benefit. B caterpillar hitting an all time high if you want to be in those, it is chevron or pioneer. The seven conductor stock, they just roar. The opening of america play. Will we get a stimulus bill . It is a Perfect Place to start a game plan next week. I fear that we are going to get hammered when we come in on monday lets be clear the Labor Department reported this morning 8 30 was a disappointment not a surprise if you are paying attention to the spike and covid infections of the death toll whatever reasons these kinds of number dont seem to be impacted by common sense. You have to believe a good chunk of the economy is going to get shutdown it is not the government, people it is going to be shutdown by fearful individuals who dont want to

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