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Transcripts For CNBC Squawk Alley 20240712

Suit in multiple states to stop vote counting. Heres a look at where things stand that hour. In the race to the 270 electoral votes to win the white house, according to nbc, Vice President biden has 253, President Trump as 214 we continue to await results from five critical states, pennsylvania, north carolina, georgia, nevada, and michigan. President Trump Holding on to the lead it is continuing to narrow as mail ballots are being counted the pennsylvania secretary of state will have an update next hour in arizona, President Trump narrowed the gap but biden is holding on to a 68,000 vote lead were still awaiting several hundred thousand votes in maricopa county, the most populous and diverse area in the state. A new count there expected to come later tonight and in georgia, Vice President biden has significantly narrowed the gap which recently stood at about 18,000 votes and more than 60,000 votes Outstanding New numbers from democrat leaning Fulton County coming any munn a minute and

Transcripts For KTVU The Eleven OClock News On KTVU FOX 2 20240712

Called for Democrat John hickenlooper. Republican, former head football coach of auburn flipped alabama. Republican erst won in iowa. Graham won in South Carolina and Mitch Mcconnell won in kentucky. Several seats, though, still need to be decided before the night is out. Meantime, democrats are expected to keep control of the house and possibly add to their advantage but there are still dozens of races left to be decided tonight. Our political reporter greg lee has been watching all of this for us tonight. Greg what is happening in those crucial states. It is clear it will come down to the swing states. Likely to be very close. It will take time to count all of those ballots. Much of the attention like we talked about. President trump flip inside 2016. The socalled blue wall he broke through. Michigan so far, 65 reporting. President trump leading 54 to 5 . They received a historic number of absentee ballots. Election officials have said it could take days to count. In wisconsin we go.

Transcripts For KTVU The Ten Oclock News On KTVU Fox 2 20240712

That it inflicted. First, the latest numbers for california. Joe biden and california state senator winning big taking all of the states 55electoral votes as expected. The biggest haul in the Electoral College by a predictable victory. Here is where the poplar vote stands. Biden with a slight edge in the poplar vote. Those votes are still being counted. The key is the Electoral College. Right now biden leads with 237electoral votes and trump has 213. 270 votes are needed to win. You can see neither candidate has reached that threshold with some swing states still too close to call. Our political reporter, greg lee, has been watching it all. What is happening in the critical swing states . Reporter good evening. It is clear this race will come down to the swing states. Likely to be close. Frankly it will take time to count the ballots. Lets look first at the midwest where much of the attention is the three states President Trump flip inside 2016. The blue wall that he broke through in m

Transcripts For CNBC Closing Bell 20240712

Alphabet seeing outsized gains and treasury yields are under pressure giving back some of their recent pop, thats weighing on the financials the Kbw Bank Index is down around 3 with 59 minutes left in the session, banks one of the few decliners, sara, broader markets ripping up. We have a great lineup of guests over the next two hours to help make sense of the election, the market and your money. In just a few moments Guggenheims Scott Minerd will join us with his take on the rally and later we will hear from long time pharma exec fred hassan about the impact of the election on health care, those stocks zooming higher, plus kyle bass with a take on what all this means with the u. S. Relationship with china and bob diamond will weigh in on the banks. Lets get straight to the market rally that is happening. Mike santoli tracking all the action. You see a move like this, its very sudden, very dramatic in response to a widely watched known catalyst and you have two things, one is whats the

Transcripts For CNBC Squawk Alley 20240712

Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what

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