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Transcripts For CNBC Squawk On The Street 20240712

House democrats accuse apple, google, facebook and amazon of abusing their market power and that Congress Needs to rein them in. Eli lilly asking the fda to authorize emergency use for its experimental covid19 antibody cocktail those shares are rallying ahead of the open. Jim, markets trying to do a bit of a reset now as goldman weighs in this morning and says airline stimulus likely, further ppp probably not likely. What are we . Well, i mean, i think that the market went down after what the president said the president was talking about market hitting new highs and the only person that was sending them down was him. I think he does react. I think it is probably, youre not going to get that, say, listen, the dow was down, there is really in other reason. He completely dismissed Speaker Pelosi i dont know what he did with what secretary mnuchin was speaking about, whether there were phone call going on and they were irrelevant obviously he addressed the fact that the senate was interes

Transcripts For CNBC Squawk Alley 20240712

Remains complicated. Domm is watching what were seeing in todays trade. What is behind the surge today its about the tweets its about the idea that we could see some form of stimulus, although not the massive one youre going to see that happen and im going to show you the charts here over the course of the past two days, and 24 hours. This is the twoday chart. We kind of started yesterday right around here. You can see as we can move into the session, we have just gotten back everything that we lost and a little bit more over the course of the last 24 hours or so so, again, this move here higher and i can tell you word actually happened and positivity returned take a look at the 24hour chart of dow futures as things have moved, remember, a steep drop yesterday going into the closing bell and we were much in negative territory throughout the overnight session until just around 10 00 p. M. Eastern time thats when President Trump started tweeting out this notion that he could put out ther

Transcripts For FBC Mornings With Maria Bartiromo 20240712

First Vice President ial debate. What to expect, coming up. Markets are higher, take a look at futures, a gain in the triple digits this morning, the dow industrials up 129 points, nasdaq up 43, s p 500 higher by 13. This after markets fell yesterday after President Trump walked away from the stimulus talks with Speaker Nancy Pelosi. The president tweeting no more stimulus talks until after the election. Causing an afternoon reversal. The dow industrials down 376 points at the close, the nasdaq lower by 177 and the s p 500 down 47. Briefing bracing for impact, hurricane delta churning toward the gulf coast now, some Southern States declaring a state of emergency. Raining reining in big tech, lawmakers weighing whether or not top tech firms should be broken up. Getting away from it all during election week, the 5 underground adventure to get away from it all making a buzz this morning. Mornings with maria is live right now. European markets this morning look like this on the heels of ga

Transcripts For CSPAN2 House Oversight Hearing On Tax Avoidance The IRS 20240712

Former cia directors to look at the intelligence organizations operations. At 9 00 pm eastern on after words political commentator Candace Owens on why black americans should vote republican in her book, she is interviewed by matt schlapp, chairman of the American Conservative Union. This weekend on cspan2. The house ways and means subcommittee on oversight held a hearing on the use of loopholes to avoid paying taxes. The subcommittee look at potential changes to the law to prevent wealthy americans from getting out of income tax. Good afternoon. Welcome to you all. Weve got a great response in a sharp period of time and our second. On the Affordable Care act on the Oversight Committee. Thank you, everyone, for joining us today. In compliance with regulations, with committee proceedings, the First Official virtual oversight subcommittee hearing in the ways and Means Committee. Before we turn to todays important topic i want to remain remind you about procedures to navigate this platfor

Transcripts For FBC Varney Company 20240712

Protection, he wants 1200 stimulus checks, that is what he wants, not Speaker Pelosi democrat state bailout commonality this, the markets reaction, selloff tuesday in a reversal this morning, the dow will be up 200, look at that and nasdaq up about 100 points, that is a reversal, heres another blockbuster, declassified documents show in 2016 the cia director john brennan personally briefed president obama on Hillary Clintons alleged candidate trump to russia. His notes made right after you briefed obama showed clintons during up the scandal to distract from her email problems and obama knew all about it, by the way the broadcast network did not cover this at all. 0 coverage on a blockbuster story, maybe mike pence will bring this up at the debate tonight. This is a major event. We are less than four weeks to the election and senator harris has a strong chance of becoming president given joe bidens age, he will be 78 on eggnog ration day, she will have to answer the question that biden

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