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Transcripts For CNBC Power Lunch 20240712

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

Transcripts For CNBC Squawk Box 20240712

On further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. It was down by 1. 3 , s p down by 1. 4 and the nasdaq off by 1. 5 . However, this morning the stock futures are sharply higher this started last night around 10 00 p. M. When President Trump posted a flurry of tweets, one of them calling for airline and Small Business payroll support immediately. And another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. And as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. Ylan mui has been following all of this and has more good morning. And just hours after the president walked away from the bargaining table, he appeared to take three steps back calling on democrats to pass targeted relief first it was that 25 billion for the and i remember industries Payroll Support Program and 135 billion fo

Transcripts For CNBC Closing Bell 20240712

States right now in washington, fragile hopes for a stimulus deal remain Speaker Pelosi and secretary treasurer mnuchin are expected to talk this afternoon in hopes of getting a deal done. A full economic recovery has a long way to go and another expert said many lost jobs may not come back. All 11 s p sectors are lower 59 minutes to go we are making new session lows with the dow down 400 points. Lets get to the market downturn we just referenced. Mike santoli is tracking all of the action no trigger but a clear response. The only trigger that seems clear at all is the mark of 2 30 eastern time, when the downturn accelerated. It seems as if it is essentially kind of getting ahead of the close, peeling down exposure we did have that good rebound into last week from the late september lows we had some positioning indicators suggesting people were full up on equity there has been a pattern of strength overnight in equity futures opening up strong and selling throughout the day it seems li

Transcripts For KGO ABC7 News 1100PM 20240712

This is abc7 news. Do you have any idea what will you shut up, man . Theres nothing smart about you, joe. A clash of policy and personalities in cleveland tonight, the first president ial debate featured a chaotic back and forth, highlighted by numerous personal attacks. Liz is hthe newsroom with the lw lights and the highlights. It was a mess of a debate, simply put. What was supposed to be a debate about issues and policy spiralled in to a frustrating back and forth as the president repeatedly interrupted biden and the moderator. There were had moments of clarity tonight that you will see here, but not a lot. The very are first president ial debate between President Trump and former Vice President joe biden seemed anything but president ial. The president took a bullish approach and repeatedly interrupted his challenger, leading to moments of pure chaos. Why wouldnt you answer the question. The question is, the question is. Will you shut up, man. Who is on your list, joe . Who is on

Transcripts For KPIX KPIX 5 News At 11pm 20240712

With the fires. The Napa County Community of england is under a mandatory Evacuation Order along with the city of calistoga and the hills to the west between the Petrified Forest road and Diamond Mountain road. In Sonoma County Evacuation Orders have been downgraded to warnings west of calistoga road. Heres a look at the glass fire, more than 22,000 homes are threatened tonight and at least 115 structures have been destroyed. The crews are working against smoky conditions and Poor Visibility heard the fire is now 46,000 acres. And only 2 contained. Andrea nakano was in calistoga which is like a ghost town tonight. Less than 10 minutes ago there was a lot of fire from here. A large orange backdrop seen from the city of calistoga tonight. The glass fire in napa county wreaking havoc, here in deer park burn debris lines some of the streets and hotspots can be found on both sides throughout napa valley from st. Helena to calistoga. Cal fire says it has more than 2000 firefighters working o

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