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Transcripts For FBC Mornings 20240703

That first time you take a step back. I made that. With your very own online store. I sold that. And you can manage it all in one place. I built this. And it was easy, with a partner that puts you first. Godaddy. Maria welcome back. Good tuesday morning, everybody. Thanks very much for being here. Im maria bartiromo. It is tuesday, october 24, 7 00 a. M. On the east coast. Rapper 50cent slamming President Biden over the weekend for taking another delaware Beach Vacation in the myof a war on israel. 50cent posted a screen shot of an article with the headline, biden hits the beach with middle east, congress in chaos, 50cent writes this, hey, joe, get the bleep up, were in trouble, man. Many americans are not impressed with the president s handling of the middle east conflict. Watch this. I give him a c. I think hes an ass. B plus. I give him an f. Like everything with President Biden hes not too responsive on a lot of things, i think hes not as stern and firm as what President Trump was

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Transcripts For FBC Mornings 20240703

Top stories, you 6 00 a. M. On the east coast. Today, tensions hitting new highs, 1400 israelis are dead, 4700 palestinians are dead as the war in israel enters day 17, hamas releasing two american hostages and they say theyll release two more but israel says the terrorist group is holding more people than previously thought. We understand you now it is 222 hostages. Meanwhile, Chinese State media says the Naval Command has been deployed to the middle east. As for President Biden, hes back on the beach, everything you need to know all morning long. Markets this morning are selling off this morning, take a look at futures, a triple digit decline ahead of a major week of earnings and economic data, dow jones down 211, nasdaq down 121, s p 500 lower by 30. We are waiting on the first read of Third Quarter gdp out on thursday, the september pce index out on friday. Earnings will drive the action ahead of all of that. Investors still closely watching the bond market and spiking Interest Rat

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Transcripts For CNBC Squawk 20240703

Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closing Price for hess on friday. Hess shares are up 2. 25 . Chevron down 2. 9 . This deal comes just weeks after exxonmobil made its move to buy pioneer natural resources. Both stocks on the move. Hess ceo john hess will join chevrons board. I just got off the phone with mike wirth. Very low primemium on this. This goes back long before the rumors came out about exxonmobil and pioneer. That deal went through last week. A lot of people thought after the deal, that chevron would look for Something Els

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Transcripts For FBC Mornings 20240703

May attempt to obj obf uscate tl through mexico. In the first 13 days of october, agents have encountered more than 30 iranians, 60 syrians, 35 pakistanans, 100 russians, 285 afghans and more than 2,000 chinese nationals. I want to underline the chinese migrants. Were talking about 14 days, liz, okay, in 14 days nearly 2,000 chinese nationals have entered into america in a twoweek period. These are largely military aged men and i havent even gone into the number of middle easterners. Its unconscionable. Of all the things that have gone wrong, purposely gone wrong under the Biden Administration, the fact that the border is wide open is inexplicable. Is it a desire to have untold numbers mainly of hispanics come into the country that will mainly become democrat voters, i dont know. Its incredible to me that the country has not stood up and screamed at this administration particularly because thanks to Governor Abbott we do have these people, migrants coming into all our cities across the

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Transcripts For FBC Kudlow 20240703

Of war against the hezbollah i, hezbollah, terrorists. Lucas tomlinson has the latest for us, welcome back. Reporter hamas has released two more hostages 2 elderly females in their 80s, they have been turned over to red cross, they are at the rafah crossing, israels defense minister speaking at a navy base, telling his forces to get ready to assault gaza. Keep preparing for our operation, it will come soon, were preparing thoroughly for the next step, a multilateral operation in the air, ground and sea do, your work, get ready, we will need you. Reporter can larry today the Israeli Air Force said it killed 5 hamas commanders in a strike in gaza, Israel Security forces vowed to hunt down and kill all those responsible for the october seven massacre, over the week, Israeli Forces carried out a rare airstrike in west bank, with. They say foiled a terrorist platt at the mosque. It controlled hamas and Islamic Jihad operatives, yesterday here in tel aviv, senator Lindsey Graham lead a bipar

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