Transcripts For CNBC Squawk Box 20240712 : comparemela.com

Transcripts For CNBC Squawk Box 20240712

A little hard. It looked to me like it was twitter. Like watching twitter for 90 minutes. I did not stick to my original plan. Baseball and bed the two bs i stayed up. I want my time back. I didnt stay up for that long you can play this game with me i felt dissed. How much words can you come up with disappointing, disturbing, disspiriting, distracting, disheartening. Disgusting. You can probably go there disspiriting i looked it up thats exactly what i wanted to say. After all those disses, i wound up with disinteresting thats when i was gone right . It was a let down ly say that. Some people like to watch the fighting it is hard to turn around from it if you were somebody who was tuning in. In my core pin of both candidates, nothing really changed. Mike Wallace Chris wallace had a tough job. I guess he did okay. Im not going to nominate him why do you bother having rules for a debate if nobody is going to bother to follow them kill the rules or give the moderator a kill switch. Both sides had things to sell i dont feel like either side effectively sold the things. In previous years, both sides. They said, wow if there are two more debates, maybe well get to that hope springs eternal that was the debate for 2020s that the kind of debate we deserve. It felt a little weird. We see crazy stuff he around the world. Like south korea when they started throwing shoes at each other. House of commons. They throw shoes and punches sometimes. We say, yeah, thats not us. They are a little more orderly of how they diss people. They do it more orderly and clap and everything i used to think that would never happen here. Probably not one of our high points a huge lineup today American Airlines ceo with us. Here to talk about the expected layoffs that may take place tomorrow if there is no stimulus by the government. Restaurant owner danny meyer on the reopening of new york restaurants. Check out this lineup. We have a lot to talk about and a lot of great guests to walk us through it later on, we have an interview with palantir Ceo Alex Karp marking the cnbcs delivering alpha conference including treasury secretary steven mnuchin, senator Elizabeth Warren and many more tonight marks the news with Shepard Smith hell join us with a preview of the show join us tonight at 7 00 p. M. First time out for the news with Shepard Smith. He has people there President Trump and former Vice President biden came out swinging in the first of three debates. Joining us now with the take away i just thought it was funny. You had a 43. Anyway well start out. Well have this all prepared who am i to discuss this genius. Well start with trump discussing the stock market. When the stock market goes up, that means jobs and 401 ks if you ever got in, i tell you what, youll lose half of the companies that poured in here will leave half of the companies they will leave and you will have a depression the likes of which youve never seen. Just take it away, frank. Ill play some sound bites here and there. Hot mess, Dumpster Fire, train wreck all converging i want to do this properly. It was described by my focus group last night as an s show, rhymes with hits and like Chris Wallace was the toilet paper trying to clean up the mess. Ive never had my phone blow up and participants were embarrassed on both sides. Everyone was embarrassed youve got a screenshot right there. Over a million hits. It only has been available to people for six hours the most watched video ive ever done it is powerful. They didnt get the policies they felt the candidates didnt behave like they deserve to be president. It makes them less likely to vote for any candidate we are going to have the biggest turn out ever. What happened last night actually encouraged people not to vote. Maybe the one positive were some good lines. Ive heard people say it was a clown show the clowns union complained they are registering a complaint that they are being unfairly tarred i have another sound bite. Former Vice President biden said about president , president , President Trumps plan for health care. We even bored the prompter operator he has no plan for health care of course we do please. He sends out Wishful Thinking he has executive orders that have no power. He hasnt lowered drug cost for anybody. Hes been promising a Health Care Plan since he got elected he has none like almost Everything Else he talks about he does not have a plan. Comments, frank moments before that, he told the president of the United States to shut up and i quote. Is that what we want in our replacement . It is one of the reasons why the public looked at that and said what is happening to our democracy. Both candidates behaved this way. I know you feel this way the expectation was that we were going to learn something what happened, they realized how well it can go i dont nose what will happen in debate two or three. One of moi focus groups has an interesting idea to give the moderator the ability to cut the sound or completely shut it off. To have the candidates and moderator talking over each other again and again is not beneficial how do you expect many he to make up my mind if you are going to behave like this. Lets keep showing some sound here things got testy quickly with President Trump constantly interrupting and Vice President biden dishing out some insults you are the worst president america has ever had come on. Nobody is doing that hes the racist. Will you shut up, man. It is hard to get any word in with this cloud. I hear there are already tshirts that say shut up, man from the biden camp. Where you are sitting depends on how you view this stuff. Where those are being made . China. It is not appropriate. When we asked them give me a word offer phrase to describe donald trump, it was negative. But it wasnt positive for biden either biden spoke about where is trumps Health Care Plan they want to know where bidens jobs plans are they wanted some specifics they got none of it. All they got was insults there were some questions that were not followed up on by Chris Wallace it was like. Okay, you are not going to answer move on. For the buildup. Look at the moderator, first of all. He interrupted the moderator who lost control of the debate despite his best efforts here we go you have promised to repeal and replace obama care but you have never in these four years come up with a plan of course i have. To replace obama care of course i have. Excuse me ive gotten rid of the money date sir let me ask my question. Ill ask joe. No. Mr. President , id like to we will protect people. Im the moderator of this debate i would like you to let me ask my question and then you can answer i could almost make the case that the catcha question should go to the incumbent. Hes got a record hes got to support. I do think a lot of gotcha questions went that way. To the challenger you cut them a little slack did you feel that way or not i saw that written in places im eager for people to go to youtube and type in my name and the l. A. Times, we did an hour session trying to understand what that final 6 of america is thinking in the swing states that point right there, the president should not be debating the moderator. The president should be debating the facts. The challenger should not be so insulting but should present a position every time joe looked into the camera, like i am right now, he was scoring points every time he was dragged into this, he was losing. The economy policy, after covid19, it is the biggest issue. What are you going to do to bring the jobsing back trump has a good point there in the end, style does matter as much as substance. You heard the point that was almost a talking point on twitter that there were more points added that he was trying to take it down from 6 to 3 . The moderator presented that as a fact and talking point so that any nuance to how that occurred was lost to Chris Wallace. I dont know did you see that there is nothing you could have done as a moderator you are a tough guy. You and i have gone back and forth before you could not have cleaned up that debate. Those candidates came there to fight and deliver. They came there not to talk about economic policy, which is what viewers of the show want, what undecided voters want give us the details and focus not on the stock market but on jobs there is nothing Chris Wallace could have done. In the end, he did try to clean it up. Ill tell you, for the next debate, we have to look forward, not backward these candidates will have a lot of pressure on them. The public will say do not do this again view to be a hard core trump person or hard core biden person to believe that this debate was a success. Thank you keep your phone open there is going to be another one of these two more feels like victory. Napalm, from napalm,. Love the smell ofnapalm in the morning. Andrew is here too i made it ive been hear the whole time. Ive been here. Unlike you to not have any comments you are shocked. Im in disbelieve you came up with another diss disbelieve i dont know if you heard that rant you can come up with a lot of disses with this i hear you when we come back, disney announcing it will layoff 28,000 workers. We have the details and the stock move after this break. All about the parks. Right now, check out shares of regeneron. The company said the trial date of the antibody cocktail improved levels and fighting the virus. The companys cofounder and president will join us in the 7 00 hour. Well be right back. Everyone wakes up every morning to a world that must keep turning. The world cant stop, so neither can we. Because the things we make, help make the world go round. They make it cleaner, healthier, and more connected. Its what we build that keeps things moving forward. So with every turn, well keep building a world that works. You can go your own way go your own way your wireless. Your rules. Only Xfinity Mobile lets you choose shared data, unlimited or a mix of each. And switch anytime so you only pay for the data you need. Switch and save up to 400 a year on your wireless bill. With the carrier rated 1 in customer satisfaction. Call, click, or visit your local xfinity store today. Disney has announced it is laying off 28,000. The prolonged closures at theme parks and limited attendance most of the layoffs were of part time employees saying the companys problems were exacerbated by california not being willing to lift the issues that would keep them from opening. And nikola following allegations of fraud and sexual abuse against the companys founder. Executives at both Companies Expect to extend the talks the deal may be terminated by either side. Partnership would give gm an 11 stake of nikola producing the badger pickup truck. Accusing milton of make false statements of strategy to attract investors and more recently, there have been allegations of sexual nature against him as well. Lots to chew on and try to understand what comes next that deal not on or closing today well see what happens. That is something coming up. What happened today, well have a full run down of palantirs direct listing first, Contessa Brewer covering the opening of Indoor Dining in new york city today. What is coming up . The doors are getting thrown back open. It has only taken 6. 5 months before anyone heads out, you better call first. Why it is such a challenge thats coming up in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo welcome back Indoor Dining to return to new york city today. Contessa with us with more reporter good morning. More than six months since new York City Restaurants were forced to close. With infection above 1 for the first time in months, finally, they are able to welcome back diners restaurants are limited to 25 of occupancy in many parts of the neighborhoods, that means four tables they have changed the rules to allow Outdoor Dining through the winter and propane heaters. It will be a tough sell to get people to dine outside in the rain or snow 45 of restaurant workers are still laid off no wonder. For every dollar spent in the restaurant, the owner takes home three cents. 64 of restaurants think they are going belly up by the end of the year unless there is a comprehensive relief package from the government. Other big question, as you know, unfortunately, some of the covid rates in new york city are going up over 3 for the first time in quite some time. If that goes to a sevenday average, schools will close. What happens to restaurants in this plan . I talked to an outof work restaurant manager his restaurant bomb 45, the restaurant is not reopening during this period of 25 capacity i asked him, are you concerned about going back to work and being customer facing . He said absolutely i am but im also concerned about paying the rent is it your concern that theyll shut down the Indoor Dining again yes the mayor has said everything is on the table now everywhere else in new york state, once you saw infection rates down below 3 , you saw Indoor Dining. The mass of people concerned here the mayor and the governor, when he comes out and says we are going to levy fines on people not wearing masks. It has Restaurant Owners eye balling how long can we stay open if rates go up . Right a lot going on in new york city. There was an indoor wedding over the weekend. 300 People Police ended up breaking it up these are some of the issues confronting the city and the country. In the meantime, plans on reopening in new york city in interview. Up next, palantir set to begin trading today. Will be the biggest ipo or listing, if you will, of the year well have a break down of the companys listing. And well bring you the first on cnbc interview with Ceo Alex Karp well look at yesterdays s p 500 winners and losers back in a moment as business moves forward, were all changing the way things get done. Like how we redefine collaboration. How we come up with new ways to serve our customers. And deliver our products. But no matter how things change, one thing never will. You can rely on the people and the network of at t. To help keep your business connected. When disaster strikes to one, we all get together and support each other. Thats the nature of humanity. It has encouraged other people to take the time for each other. Good morning, everything we are watching u. S. Equity futures. Yesterday was a down day this morning, you see red arrows again. S p off by seven the Treasury Department said airlines could receive larger than expected loans after some carriers opted out Congress Approved 25 billion in loans. Some major care years like southwest and delta said they do not plan to take that money. Delta up size the the debt scale backed by the frequent flier program. The grants that they received prohibited them from cutting jobs until today without the protection, theyll be forced to cut thousands of jobs tomorrow morning. You can see the count down clock here you are talking thousands and thousands of jobs. It could be 100,000 employees that get furloughed as a result of the declining revenue and lack of help from the government at this point. It will be good. Apple ceo tim cook received his largest stock grant since 2011. Receiving another 324,000 units whether they meet or miss targets. Based on yesterdays closing price, the maximum they could receive that value rises or falls. Coming up, the high profile public debut and how the palantir become such a Silicon Valley darling and how micron Beat Estimates but warned that enter prize demand made be weak. It doesnt know they awhen it w able to sell to huawei squawk box is coming right back this is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. 20 associate cart pusher. Urly the different positions ive had taught me how to be there for others. I started out as a cashier. I mean, the skys the limit with walmart. Its all up to you. A livcustomizeper iquickbooks for me. Okay, youre all set up. Thanks that was my business gi, this ones casual. Get set up right with a live bookkeeper with intuit quickbooks. Welcome back to squawk box this morning palantir going public today. Saying the reference is 7. 25 a share with a valuation of 15. 7 billion. Palantir. Welcome to palantirs investor day led a alex karp perhaps the first ever to open its road show on a set of skis a highly secret analytics giant opening a new face backed by wall street investors. Named after a magical orb in lord of the rings palantir has massive contracts. This way of looking at the world will say your institution and in many ways save your life. In the first half of 2020, they tlidelivered halfy billionn revenue. Last year, they lost 588 million. The lurching forward is because we built a product five years before it was needed just like well do in the future their gotham program powers the u. S. Government. The navy and Homeland Security working with health and Human Services to help tra

© 2025 Vimarsana