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Transcripts For CNBC Squawk Box 20240712

Continuing to be all about tech. Surging since the best monthly performance since 2000 u. S. Equity futures, youll see at this point you are looking at some green arrows across the board. Nasdaq indicated up. Dow is up, so is the s p 500 well talk about zoom. It is those Technology Stocks leading the way. Looking here to date, they are up more than expected. Looking at the treasury market, it looks like the 10year is yielding around the same amount of 0. 726 . Zoom, huge news. Right now, top single stock of the day is zoom the stock is on fire that may be the least impressive thing. Jumped over 300 year over year. Free cash flow up 2,000 year over year. New customer subscriptions delivered 81 of the Revenue Growth and less customer churn than expected. Kelly will join us to dig through the quarter at 8 30 eastern time stock up 80 right now how would you like to be in a business where your Free Cash Flow was up 2,000 it sounds like a kids lemonade stand. Thats what has happened to zoom

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

With malan for another year. [laughter] i know youve missed me. Everyone has been saying youve been crying every sickle morning. Tom this has been something, folks. Theres a lot going on in europe, who will be great to have jon in london for a bit to keep track of things. Just to go away from jobs, away from all the news flow we got, i mentioned this to anna edwards, i am thunderstruck by the tone barnier on of mr. A United Kingdom that is not even responding. Has brexit fallen off the United Kingdom at . Jonathan can we agree on one thing . Just because i am here, i am not the brexit correspondent. I still have very little interest in that debate. I also want to talk about this market. I think theres been two down days the whole time. Tom absolutely. We have seen a paring back here. Pause, andis just a i think theres a lot of buzz out there right now about the lack of liquidity and people hedging along the way, creating an acceleration ever higher. That will be tested in the coming da

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Bloomberg television. We welcome all of you. Lisa abramowicz and i in new york and mr. Ferro in london. Jobs report tomorrow. We are going to do a spacex launch supposedly in 45 minutes. You know what i need from you . I missed you so much. I need a tots update. They are dealing at tottenham, no question about it come with what is going on. Have they finally lifted themselves into the final four . The big clubs, but weve experiment within the United Kingdom is having the fans back, just a few, and trying to work out what capacity we can push that story. Maybe as the League Starts again in the next couple of weeks, hopefully we can build on it through the season. Tom i will say this, and im not kidding, nobody has done it better thans the premier league. The jobs report is a grim number. Jonathan and it speaks to the economic pain. Perspective really matters, and that is what i got to weeks off. You saw more layoffs coming from cardirlines, some Credit Companies putting limits on Consum

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

And across this nation, particularly those of home, alling at different home, all different shades. My major message today is the crosscurrents that we the of where welysis are this middle of june. Of where we are this middle of june. The bar for the good news gets higher. That has been the big debate the big debate we cant choose one or the other. We know a lot more than we did when this first hit. I think the spikes we are going to deal with down the road here, we are going to be better prepared for them. Weve got the population operating in a much more safe fashion than when this first hit. I believe weve got a lot of companies putting a lot of energy into how to operate a business with a pandemic, and i wouldnt underestimate capitalists figuring that out. Weve got scientists working for treatments that can reduce the death rate before a vaccine is discovered. Theall, we kind of nowhere primary death rate is among older and compromised individuals that we can put a big ring around.

Transcripts For BLOOMBERG Bloomberg Surveillance 20240713

Pandemic data. Primea recovering minister johnson. Give us an update of the tension of the Prime Minister and his government with the people of london. Francine a couple of things broadly. He is recovering but does seem to be in better form. There are conspiracy theories that he did not get the virus, that are not verified. , a lot ofr you see conspiracy theories have come to the forefront which gives you a sense of the mood of the and finally the u. K. Government say they trust one test two test antibodies. To test antibodies. At least 5 of the population would have gotten covid so far. Tom this is so important, and featuring an article of a little bit evening forward in the medicine and moving a little bit forward in the medicine and therapy of this pandemic. Ritika President Trump is publicly disagreeing with the Infectious Diseases chief, accusing him of wanting to play sides play all sides of the equation. He said that reopening the country too soon could lead to a coronavirus fla

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