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Transcripts For CNBC Worldwide Exchange 20240712

And on the campaign trail, just six days until the election, and hackers are now targeting the website for one candidate. Kayla tausche has the latest florida and call it a comeback five years in thin in the makinn d stewart reportedly seals the deal for a new streaming service. You are watching worldwide exk3e7e exchan exchange good morning, and welcome to the show im dominic chu in for Brian Sullivan first off, a hearty congra congratulations to the dodgers, beating the rays in last nights game six for their first title since 1988 this marks the second championship win for the city of l. A. With the lakers winning the nba championship last time this happened was also 1988 and it was the dodgers and the lakers, congratulations los angeles on that big win. Lets now begin this wednesday morning with a check on the stock futures picture. Were seeing implied opens for the dow of 422 to the down side, s p by roughly 42 and nasdaq by 113. This does represent right now at or near the lows of

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Transcripts For BLOOMBERG Bloomberg Technology 20240712

Facebook executives has been meeting with advertisers and Mark Zuckerberg has agreed to meet with civil rights leaders to hear their concerns. But he has had such meetings before. Will another meeting change anything . Joining us is the color of change Vice President , part of the folks who have been pushing the stop hate for profit campaign. Thank you for joining us. Were hearing that zuckerberg has agreed to meet with folks like yourself to try to hear you out. What are you expecting to hear from him, given that you have met with him before and his position has not necessarily changed . Thank you for having me. We are hopeful that in a meeting with Mark Zuckerberg, he will finally hear our real concerns about how the platform is operating. We have obviously been in conversations with the corporation for years, and our demands remain the same, but we are hoping that in light of this new pressure from corporate advertisers from across the globe that he will actually hear demands for a

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Transcripts For CNBC Mad Money 20240713

How many does it take to stop a raging bull a bull that produced the best month for the stock market in 33 years . I think we might have found out today. Looks like 30 million. Yep, just as we learned that we had the best rally since january of 1987, an admittedly inauspicious year, 1. 2 is the slowest pace this month. We also got incredibly bad news. Jobless claims bring it to 30 million over the past six weeks. No wonder the dow tumbled 288 points, nasdaq shed. 28 today this was an explosive situation. The market was overbought. We have again another Great Depression with the unemployment number that is not confidence inspiring for me i dont know about you when we saw a great labor market before the pandemic, id still be concerned after the run from the bottom stocks had gotten too hot. Were now at plus 7. 2 , the s p range oscillator, the one i swear by it fell to bottom 20 anything above plus 5 is overbought 7. 2 reading makes me concerned which is why weve been selling, selling, s

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Transcripts For CNBC Squawk On The Street 20240713

Open, wall street looks to close out a recordsetting week. Peacock joins the streaming wars, how comcasts forthcoming platform looks to separate itself from the streaming flock. Joining the four comma club, alphabet more than 1 trillion all together more than 17 of the s p 500. Stocks looking to hit new record highs upbeat news on the economy as Housing Starts rise in december to their highest level since 06 up 16. The and just to put that into perspective we are looking for an increase of 0. 4 amazing, and of course the commentary from tepper and druckenmiller over the past half hour has done a lot. Its fed in the same direction. Well pick apart if weather was a factor in the Housing Starts and the rest but that is when the equity futures took another leg higher when the numbers were reported comes after we got other good housing data its become very hard to decide that the headlines are going to get in the way of a market thats been on this autopilot higher the guys like david tepper

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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Return of the mac. Apple introduces its 16 inch macbook pro. Starting at 2400. We will rate its function and design. First, to our top story, its all about disney. They signed up 10 million customers in one day of launching their new streaming video platform. Disney plus just became available yesterday in the u. S. And canada. The strong initial interest could lead disney to hit its target at 60 million to 90 Million Worldwide subscribers for its new Service Two Years ahead of the original 2024 goal. To discuss, we are joined by chris palmeri. With the stock trading at a record high, how much more was 10 million than what we expected . Chris a lot more. Hbs now, cbs all access, espn plus, the World Wrestling network, a lot of these guys have been in business for a few years and none of them have hit 10 million. Disney did it in a day. Its an incredible feat. Thats why you are seeing a record high. Going back to 1974, this is peak disney. Taylor we could say that all the technical glitc

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