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Transcripts For CNBC Closing Bell 20240622

Fox, too, has its losses but still at 6. Netflix is adding to its gains. Up 2 . Well tell you what the ceos have to say about the shift. Plus, the auto tech sector is beating expectations. Could teslas problems be hurting momentum play mobile eye which is a very interesting story. We will look at both of those companies coming up in a little bit here. Fitbit is falling. Many analysts are saying the earnings numbers last night werent so bad. Down 13 today. Well debate whether this is an opportunity to get in on a high growth stock. First, lets get to todays selloff on the nasdaq. Kate rogers is spending the day there for us. What do you have, kate . Hi, bill and kelly. It is an ugly day here at the nasdaq. The composites down 1. 6 . If it closes lower than 1. 75 it will be the worst day since june 29th. The biggest loser today Keurig Green Mountain getting absolutely crushed. Down 28 . It was down as low as 30 earlier. That after the Company Reported issues selling its coffee and brewin

Transcripts For KGO ABC7 News 430AM 20240622

There are a hot of frayed nerves but no injuries. We have gotten a lot of weather photos from viewers, go to our website. We with lick to see your photos and you can post them on facebook. And residents of the rocky fire are allowed to go home after evacuation ordered were lifted for morgan valley. Evacuations for Spring Valley area are lifted with 43 homes and 53 outbuildings now destroyed. The fire chased a hand and his wife out of the home. The fire was 150 in the air. We knew there was no way we could save the place so we got out. The fire now is 45 percent contained with 70,000 acres burned. It shoulden fully contained by next thursday at the earliest. Back to the california pain trail for the republican candidates would debated last night. Not all exchanged involved donald trump one with ted cruz and former Florida Governor jeb bush. The majority of the candidate on stage have supported amnesty. I have never supported amnesty. The great majority of people coming here illegally ha

Transcripts For KQED Nightly Business Report 20240622

Every month but this time around, everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report, we got additional clues as to the health of the labor market. Reporter one day before the al allimportant jobs report, the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week, the fed up graded its assessment of the job market, describing employment gains as solid. A jobs report in line with the Consensus Forecast for 215,000 new jobs last month and the Unemployment Rate Holding Steady at 5. 3 could strengthen the hand of

Transcripts For KQED Nightly Business Report 20240622

Every month but this time around everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report we got additional clues as to the health of the labor market. Reporter one day before the all allimportant jobs report the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week the fed up graded its assessment of the job market describing employment gains as solid. A jobs report in line with the Consensus Forecast for 215,000 new jobs last month and the Unemployment Rate Holding Steady at 5. 3 could strengthen the hand of mar

Transcripts For KQEH Nightly Business Report 20240622

Every month but this time around everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report we got additional clues as to the health of the labor market. Reporter one day before the all allimportant jobs report the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week the fed up graded its assessment of the job market describing employment gains as solid. A jobs report in line with the Consensus Forecast for 215,000 new jobs last month and the Unemployment Rate Holding Steady at 5. 3 could strengthen the hand of mar

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