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Transcripts For CNBC The News With Shepard Smith 20240711

Ashamed of us right now. Roll credits Warner Brothers bypassing theaters and going direct to your tv. Can Movie Theaters survive blow announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. We are on the doorsteps of that dark winter that Health Experts have been warning us about the beginning of that promise is going to be immeasurable, even with a vaccine on the horizon. We know this because yesterday the United States reported more than 2800 deaths, the most in a single day since this pandemic began according to johns hopkins. So far its killed more than 275,000 of our fellow americans. Another will die in 30 seconds and another, 30 seconds later. All of them far more than just a number among the victims a 70yearold nurse who came out of retirement to teach a couple married 47 years who died on the same day and a First Responder who served us on 9 11. Experts expect the deaths to keep rising. In part because the Halftime Report

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Transcripts For CNBC The News With Shepard Smith 20240711

Ashamed of us right now. Ts Warner Brothers bypassin roll credits Warner Brothers bypassing theaters and going direct to your tv. Can Movie Theaters survive blow announcer live from cnbc global announcer live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. On the doorsteps of that dark winter that Health Experts have b good evening. We are on the doorsteps of that dark winter that Health Experts have been warning us about the beginning of that promise is going to be immeasurable, even with a vaccine on the horizon. We know this because yesterday the United States reported more than 2,800 deaths, the most in a single day since this pandemic began according to johns hopkins. So far its killed more than5,0. Another will 275,000 of our fellow americans. Another will die in 30 seconds and another 30 seconds later number among the victims a 70yearold all of them far more than just a number among the victims a 70yearold nurse who came out of retirement to tea

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Transcripts For CNBC Squawk Alley 20240711

Arizona for biden. Dow is up 191. Were going to start with disney though and a surge for shares this morning following the strong earnings last night and that enormous pop for disney plus subs. Julia boorstin is going to break that down for us hey, julia carl, disney plus accrued 73 Million Subscribers. The companys 120 million paid Digital Subscribers are a bright spot the company says suspension of the next semiannual dividend is in part to priority the direct to consumer initiatives. Its very clear what the new content has subscribers. I think youll see continued increase in investment and then that will fuel some of the growth that christine will talk about at the Investor Conference that we expect on december 10th. The company says theyre reassured by booking trends that cruise ship bookings for next year are very strong pushing to open disneys closed california parks, he called californias restrictions arbitrary. Were very encouraged by the prospect of a potential vaccine. Were e

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Transcripts For CNBC Squawk Alley 20240711

Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Its a mixed fwoog day retail earnings, amazon pharmacy, covid19 restrictions, fed speak. Were going to begin this morning on capitol hill as both Mark Zuckerberg and jack dorsey testify before Senate Judiciary on censorship, suppression, and, of course, the 2020 election our Julia Boorstin is monitoring this and can tell us what happened so far. Julia . Well, carl, senator Lindsey Graham focusing on what he sees as a need to revise section 230, thats the rule that protects social media platforms for legal liability for content. He says facebook and constituenter wetwitter were making editorial decisions and far more transparent standards are necessary. He called out the Mental Health risks associated with social media use. On the other side of the aisle, richard bloomenthal, he is calling for breakup of the platforms. Mark zuckerberg supports change to section 230 dorsey pointing out they need to walk a f

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Transcripts For CNBC Closing Bell 20240711

Report help to boost sent men this morning with the u. S. Economy adding 638,000 jobs in october. The Unemployment Rate fell to 6. 9 the coronavirus surge remains in focus, the u. S. Setting a record with more than 121,000 cases on thursday according to Johns Hopkins data 59 minutes left of the session in what has been a crazy week. Today though essentially flat, sara. Holding onto the gains i would argue, which are very strong so far this week. Ahead on todays show we will ask jeff sonnenfield how americas Corporate Leaders are thinking about the heated election race. Big news out of cvs as larry merlo announces hi retirement. We will also speak with the ceo of hershey asking about how cappy sales fell during this years unusual halloween season. Lets get to the final hour of trade, the markets and the election mike santoli tracking all the action for stocks. Frank has the vote count in pennsylvania ylan moi is covering the balance of power in the senate how georgias undetermined races

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