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CNBC Squawk Box July 12, 2024

Over by 250 points and this morning you are seeing green arrows for the s p 500 and nasdaq, nasdaq right now up by about 122 points in the future market and that is pretty impressive you are now talking about four days in a row that you have seen gains for the major averages all are within 5 of their 52 week highs and in fact the transports set a new alltime high yesterday too. Right now the dow futures are indicated a little down by about 61 points. Were watching a lot of things that have been happening including news with Johnson Johnson, and earnings are coming out too. And if you want to take a look at the treasury market, right now you will see that the ten year seems to be sitting just around 0. 759 . So not far from where it has been yep, earnings are supposed to take the baton from stimulus hopes, which i dont know whether those are fleeting or not. But supposedly the earnings might be pretty good yesterday kind of weird all the stay at home new age tech stuff was strong as i t

CNBC Squawk Alley July 12, 2024

Good Tuesday Morning im Carl Quintanilla with jon fortt and Julia Boorstin apple is going to be the story of the hour. Their new event is just hours away expected to unveil the latest edition of the iphone, jon likely story of the week in my book. Thats where well start this morning. Joanna stern off the wall street journal joins us product reviewer extraordinary air. Its been a long time since we had an iphone event that wasnt focused primarily on camera and screen quality, i would argue. Maybe back to the iphone 10 where we got face id but this time it might be 5g taking center stage, right supposed to be it speed, speed, speed. That was the tease in the invite last week from apple i think its going to be in 5g, certainly. Processors, processors, processors every year. And i think also we hear a lot of speed in charging this morning it was a i believe it was last night, a Wireless Charging grid that will clip to the back of the new iphones magnetically clip. Should be able to charge

CNBC Power Lunch July 12, 2024

Announce the launch of its 5g. Power lunch starts right now tyler, thanks lets look at shares of apple. Remember, they were up 6 yesterday. They were down about 1 as the iphone event began last hour they are now down 3. 5 so you really took a turn lower in the last few minutes there. Josh lipton is standing by as the event continues. Josh the event did begin here. Four new models so far introduced so apple is saying the latest and greatest technology, billing it as the smallest, thinnest, lightest 5g phone in the world, thats at starts at 699 and then the next model will start at 799. Then there are those that want the most Cutting Edge Technology for them apple offers the iphon 12 probe and iphone probe max. Theyre powered by 814 bionic chip that should mean a real boost in performance. New camera system in these phones thats very important to consumers. New Wireless Charging system as well it not just iphones either they also did announce a smaller, less expensive version of their ho

CNBC The News With Shepard Smith July 12, 2024

Country. Americans hear from judge Amy Coney Barrett. The terrified runin that a jogger had with this Mountain Lion we speak with the man live tonight. Announcer live from cnbc global headquarters, the facts, the news with Shepard Smith. Early voting happening at this moment in 46 states voter turnout turns to be rec d recordshattering. Take a look at these lines in texas. Some people report they had to wait for hours joe biden spent the day in florida with a focus on Senior Citizens and black voters. Right now President Trump is set to speak at a Campaign Rally in johnstown, pennsylvania. Its aen airport rally, where le flying in, speaking and flying out in air force one. We have never seen numbers like in. In texas early voting comes on the heels of a federal Appeals Court ruling just yesterday that the state can limit counties to just one dropoff spot what does that mean . Look at Harris County. 26 states have a smaller population than the county, yet Harris County has one dropbox i

CNBC Squawk Alley July 12, 2024

Stimulus watch and of course, palantir, we are awaiting the opening trade set to begin really at any moment. Alex karp, the ceo will join us right here on cnbc immediately following the first trade, jon as we said, its been a long road a lot of filings. A lot to read about the company, voting structure, privacy, you name it. And the Business Model at large. Yeah. And its another big, big ipo but very different from snow flake, which we saw which has a ton of customers, large and small and kind of this very broad play on data in the cloud. This is a company thats dealing with big data and has just a few really huge customers, carl. And thats where well start this morning, jon. Josh lipton has more on what to expect once the first trade happens. Hey, josh. Carl, a master of creativity. That is how Ceo Alex Karp describes his company, palantir. A data miner, its software ahows customers to integrate volumes of data into a central platform where it can then be securely analyzed and interpr

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