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CNBC Squawk On The Street July 13, 2024

Bolton and mike pompeo as folks who were complicit in these arrangements the testimony of Gordon Sondland had been widely anticipated because hes one of the only witnesses being called who has spoken directly with the president. There is uncertainty over how many times he spoke with the president , but hes someone who appears to have the president s thinking and now in his Opening Statement he will say that he believes there was a quid pro quo. Guys, back to you. Really quick, the times this morning also adding another layer that he kept the secretary of state mike pompeo perhaps more informed than we were previously led to believe. Any sign of that in the testimony that you have seen reporter the testimony itself is 19 pages long for his Opening Statement. So were still digging through it and, of course, well hear him deliver it in just a few minutes. But one thing we also do know is that he largely confirms the account of a state Department Aide who says he overheard Gordon Sondland

CNBC Fast Money July 13, 2024

Cnbc news lauren hurst was the first to report this story she joins us now. The attorney are prepared to expand their probe beyond the companys advertising business to its search business, people familiar with the matter tell me texas which is leading the probe announced the investigation earlier this year but so far, the investigation has centered on googles advertising business texas has issued subpoenas for materials relating to that business now other states will lead the charge in investigating Google Search and android units separately people familiar the with the matter tell me they will issue subpoenas on those businesses. The attorney general investigation is running concurrent to a doj led inquiry which google confirmed earlier this year. Lauren, just quickly, what is the implication of separating an investigation into search versus android. Reporter so the key point is they are very serious about the investigation. Its not shocking they would be curious to learn more about e

CNBC Mad Money July 13, 2024

Is tech in trouble, have the stocks gotten too expensive . Do we need to worry about what happens with the group if President Trump cant find Common Ground with president xi and with the market at lofty levels, the s p back slid and the nasdaq gained 2. 4 its something that Money Managers will talking about it was cleverly titled changes and the big takeaway was it was time to lighten up on my Favorite Group which is technology their thesis theyre worried about it shifting to the tech war, American Companies only buying from nonchinese suppliers and you have the strong dollar to worry about with tech rallying you have a crowd of weak headed investors who head for the hills at the first sign of trouble. We heard some discouraging things in technology look, just last week, cisco it gave a downbeat forecast for the reasons that bank of america and merrill cited. Even though it represents a good balance sheet, some okay growth, investors are soured on it especially some of the big guys bec

CNBC Squawk On The Street July 13, 2024

Europe is steady powell makes some remarks later on tonight road map begins with megadeal monday lvmh announcing a deal to acquire tiffany. Charles schwab buying ameritrade, 26 about the all stock deal it will combine the companies the two biggest publicly discounted brokers will have more than 5 trillion in client assets ebay set to sell off stub hub for 4 billion david has details on that. Lets start with this Historic Deal in luxury goods lvmh will acquire tiffany. The deal is worth 135 a share, two Companies Expect to complete that deal by mid2020. I assume you can fill us in on what is going to happen to the brand, synergies and all of that. Listen, i mean, it is an important transaction for lvmh, which tried twice before as my understanding and not been able to get there had done it privately. From a m a Strategic Point of view, this went about as well as sort of it had been could have been hoped for from both sides. Seasoned advisers on both sides, who i think i thought they wou

CNBC Squawk On The Street July 13, 2024

Ten year 182 road map begins with the record one for stocks dow set to try to climb above 28 k at the open. S p in the midst of the biggest longest rally in two years executive shakeup at tmobile as ive been reporting for months now, john ledger is set to step down as ceo. Next year. The shares are moving lower ahead of the open. Fedex versus the New York Times. Fred smith challenging the papers publisher to a debate after its expose alleging the ship giant paid no taxes in 2018. Next hour, an interview you wont want to miss snap Ceo Evan Spiegel joins us exclusively. Lets start with jim and his big week in san francisco. Jim, the guys on squawk just asking you how you got out there so quickly after the eagles game last night. Well, philadelphia too has red eyes and my eyes are red from crying because the we had a chance to be able to really seal our fate and we sold it already in the wrong way. You want to come out here during dream force. Everybody who is anybody does come out and i

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