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Transcripts For CNBC The News With Shepard Smith 20240712

The breaking point when the robots are finished, i feel comfortable plus, meet the hightech viruskilling robot fighting covid19 announcer live from cnbc global headquarters, the facts, the truth, the news with shepherd smith. Good evening with four days until the election, joe biden and President Trump are on a final Campaign Blitz, crisscrossing the midwest as politics and the pandemic collide headon in the heartland of america the candidates holding dueling events where covid hospitalizations are at record highs. And patients are overwhelming some hospitals heres a look at where theyre campaigning today. Biden also making it to des moines, while the president is near detroit. And they have a very busy weekend ahead. Tomorrow, biden and former president obama will Campaign Together in michigan, flynt, and then detroit President Trump spending saturday in mustwin pennsylvania, with three rallies across that state. Now, a live look in rochester, minnesota, where the Trump Campaign plann

Transcripts For FBC Varney Company 20240712

The dow industrial average, remember that apple is a dow jones stock. This loss 220 points roughly at the opening bell, that wipes out yesterdays game. Smp on the downside and nasdaq down about 1 . The loss they are because of tech stocks. The virus is also a negative with severe restrictions on travel and businesses in france, italy, germany and spain. Their resurgence has a stalled not good for us. Youre at home a record i think 882,000 new cases reported yesterday and restrictions are spreading, thats not good for this market. Four days till the election and even joe biden is picking up the pace going to three states today come i will, wisconsin, but will he answer questions about hunter maidan repacking the Supreme Court or the influence the socialist have on his campaign . Politico quoting three sources saying Elizabeth Warren wants to be and is the front runner for treasury secretary. The president goes to three states as well, michigan, wisconsin and minnesota as he frames the e

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

I mentioned microsoft reporting. You have four big names on thursday, amazon, apple, alphabet and facebook. Tech is the sector most likely it is see its earnings hold up. Care were theh sectors that posted profits and sales growth. All of that is priced in, which is why value stocks have outperformed in october for second straight month. Gina martin adams at Bloomberg Intelligence says Growth Companies are beating estimates more widely than Value Companies , but analysts are upgrading their forecasts more for the Value Companies and for growth. When value stocks do beat estimates, they outperform the. P 500 david weve been talking about the stimulus. Now it is pretty clearly off, at least until after the election. Our markets reacting to that . Scarlet we still see it in the equities because we are not getting we also see it in safe havens like the u. S. Treasury market. The 10 year yield is down for a third day. Also below its 200 day moving average, trying to get past that but we are

Transcripts For CNBC The News With Shepard Smith 20240711

Florida by 3. 4 . He said that he would have won the election legally right now Vice President biden leads President Trump in the total votes counted by 3. 9 million he said he will not allow the corruption to steal the election there is no indication of any corruption to steal the election and no evidence thereof has been offered. He said that they dont want anyone watching as they count the ballots. This is categoric false in each case observers are allowed from both sides of the political aisle to watch the county the counting happen he said that they are trying to commit election fraud. Categorically false. In the state of georgia, the secretary of state was asked if there had been any voter fraud investigations of yet and the secretary of state in the state of georgia said, there have been no complaints of voter fraud by democrats or republicans and as a result, there have been no investigations of voter fraud. The truth is the count continues. The vote ended at different times as

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

A bit this morning. Jonathan we were told it is all about the past two fiscal stimulus. Would it be smooth . Would it be downhill . Would it be quick . Right now that path looks rocky, with storms only arise in, yet still this equity market gets bid. Now startsarrative with chris harvey of wells fargo, and others are saying it. Not my view. It is the view other people share. You may not get the tax hikes. Tom some of these states 7000 apart. Some 20,000 apart. Michigan just dribbling in here. Moments ago, that gap closes 227,000 in michigan. Many people on the bot inside people on the bidens had wondering. Lisa lets give you the hard mass. We are talking about where the votes are coming in and where things are close. To 270 this is the path electoral votes. With 238 joe biden with 238, President Trump with 217. Pennsylvania, of course, we are not going to know for a very long time. These are the big swing states, there are more paths to get to 270 electoral votes. President trump, stil

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