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Transcripts For CNBC Squawk Box 20240712

Points the s p which is then up five out of the last six weeks and up the last six sessions in a row is up by 5. 5 this morning and then the nasdaq which has been this incredible out performer for months on end is the other performer this morning its down by 13 points but remember nasdaq was only down friday after being up for several sessions in a row. Setting a new high every one of the closes. The s p is less than 1 from its all time high. Its up back in february the treasury markets youll see right now. The treasury yields are where they have been the ten year is at 0. 556 . Melissa. We have an update on the pandemic the United States surpassed covid cases. It took just six weeks for u. S. Covid cases to double. The growth appears to have leveled off at an average of 54,000 per day over the last week in College Sports news over the weekend the mid american conference scrapped its all football season delaying all fall sports until the spring of 2021 the logistics were too complicate

Transcripts For CNBC Closing Bell 20240712

Airline stocks are popping after the government gave approval to a different way to disinfect surface onz planes american, united, delta, theyre all up 8 or so. S p 500, nasdaq set for a record close. With he have 59 minutes left of trade. Brian, good to have you onboard. Yeah. Good to be here on a day where there seems to be a lot gf news. The markets are powering higher again. We have a long way to go two hours. Coming up, you remember herbalife. They sparked wall streets most epic battles on the Halftime Report it is reinvigorated, more than doubling from the march lows and our interview with the ceo is coming up later on. Were going to be joined by Penny Pritzker and ask her about the democrats economic platform and how a Biden Administration would tackle the coronavirus are your taxes going up . Were going to ask her directly. Right now lets focus in on the big stories that were watching to day mike santoli, as always, watching all the Market Action joining us to talk about the la

Transcripts For CNBC Squawk Alley 20240712

Bill gates weighed in earlier. I think over time the tech world is naturally very, very competitive. Im not saying that the authorities have to be totally l laze fair, but they will have to come into the space. It is 2020, folks, bill gates weighing in on other people es antitrust issues. That is weird for me to see them talking about it i think he love its, this is the time of his life i also think, and i wonder your thoughts on this. Were in an environment where too many people are pointing fingering at big tech for what are government shortcomings. It is like blaming Car Companies for polluting when you dont have emission standards a or you have not creating the epa yet. Thats right i think it has not been a focus for a long time this is the first time in 50 years and congress has not been paying attention to this or this industry which has Network Effects and scaling effects. This a pretty good turning point. Were talking about this being heat on big tech, but this should be heat o

Transcripts For RT Watching The Hawks 20240712

Century you know rather than sweeping up your own mess savva room do it for you tired of parallel parking your car hello auto park too tired to pick up the remote just to have alexa change the channel for you rather than do real detective work just let they show Recognition Technology tell you who and who in which suspect to arrest yes that was the case recently in detroit michigan when Police Arrested 42 year old black man Robert Julian williams on a felony warrant for larceny after facial Recognition Technology fingered him was the perpetrator of shoplifting 3800. 00 worth of watches from a shy mellow store the computer said you did it so thats a rat case closed looking down on lets go grab you know starbucks and maybe pepper pepper spray a few protesters on our way there but not so fast no no no no turns out this Crime Fighting facial Recognition Technology has a pretty major fatal flaw the New York Times reports that while facial Recognition Systems have been dangerously used by po

Transcripts For CNBC Squawk Alley 20240712

They say that they are going to begin a phase three trial later this month, but until they have that data, and they havent published any of the early data either, the long term effects and the safety of the vaccine remain unclear ive been talking with experts this morning from the childrens hones hospital of philadelphia and he says that there is no way that they could have any evidence that the vaccine works at this point. And it is based on technology that is not dissimilar from what other Vaccine Developers are working on, essentially using two other harmless viruses to ferry genetic material from the coronavirus to produce a immune response against it. J j is pursuing one vector using that same approach so not a lot known about this and experts are concerned that russia is approving this before they know if the vaccine can really protect people and if there are any safety concerns that would turn up when the vaccine is administered to more people they say in the United States and o

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