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Transcripts For CNBC Closing Bell 20240712

Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Beijing praises the decision while President Trump says he is not a fan. A focusson says now on his cabinet lineup. And plans for structural reform. Are seeing a lot of investors sticking by the sidelines, a quiet session in the u. S. Overnight. Wall street hanging out to see what further guidance we get from the fed after their decision. A great chunk of investors will be waiting for more details as to the revamp inflation target. We are seeing futures trading flat. This after we saw u. S. Stocks rising. The s p seeing a Third Straight session of gains. For a change, we saw gains across tech, outweighing the decline we saw across financials. Treasury yields at the dollar end of the day, where they started. We are seeing the likes of the dollaryen holding steady, this as we look set to see the appointment of yoshida suda as the new japanese Prime Minister. As well as hearing more about whether we will see continuity across his cabinet appointments. We are watching at to see if another

Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Rules, but its a hollow victory thats unlikely to change either sides position. New subscription bundles, hoping to take a bite out of amazon prime. As expected, keep the upcoming 5g iphone under wraps. Check of theget a markets. We are seeing u. S. Futures opening flat. This after we saw u. S. Stocks closing higher. We have gains in Technology Shares helping offset the slide we saw in financial. This ahead of the fed policy decision coming up on wednesday. The s p 500 rose for a third consecutive session, closing at the highest level in more than a week. It was led by communication services, real estate and Consumer Discretionary shares. The nasdaq is gaining more than a percent. We have the bloomberg dollar index falling to the lowest level in more than a week. We are expecting a dovish stance coming from the fed. We did get the data today showing modest recovery in the u. S. Industrial rebound faltering and august, but tomorrow we get those august retail Sales Numbers that will cont

Transcripts For KQED PBS NewsHour 20240712

Tonights bs newshour. Major funding for the pbs newshour has been provided by in our beginning, our business has been people and their financial wellbeing. That mission gives us purpose and a way forward. Today and always. The womens Suffrage Centennial commission,onoring 100 years of the 19th amendment. Landmarks will light up in purple and gold for the forward into light campaign. Learn more. For 25 years, consumer cellulars goal has been to provide Wireless Service to help people communicate and connect. We offer a variety of no contract plans a our service team can help find one that fits you. Johnson johnson. The john s and James L Knight foundation fostering an informed and engaged communities. And with the ongoing support of these institutions. This program was made possible the corpotion for public oadcasting and by contributions to your pbs station from viewers like you. Thank you. Judy the wait is over. Former Vice President joe biden has chosen california senator Kamala Harr

Transcripts For BLOOMBERG Bloomberg Technology 20240712

Claims and cases of covid19 continue to rise around the world. Two majorly a small games tonight because players tested positive. Good news, moderna is kicking off a late phase trial of its vaccine candidate that will involve tens of thousands of people. Joining us to break down the day that was, Abigail Doolittle has been following all of the back and forth in the markets today. Modernity shares, ending today slightly down, despite the good news about vaccine progress. What stood out to you, today . Might have at the after hours view, that it was a little bit off, but moderna was close to 1 billion on u. S. Funding. It had been topsyturvy, ending higher after two down days but at one point it was russian a bull as stocks were up just slightly but at the end of the day the nasdaq 100 going out a nice gain. The chips index, take a look at that, with hope that some of the intel competitors might be able to produce those next generation chips. The big story, not to revisit tech, gold. Gol

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