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Transcripts For CNBC Closing Bell 20240712

They missed estimates by a wide margin the expectation was for over 800,000. And tech stocks are broadly underperforming to day, unwinding yesterdays gains. Amazon, apple, facebook, and microsoft all heading lower. 59 minutes after the session and were down 2 for those names. Power play. Pete . 5 for the s p 500 lets get to the president s diagnosis and impact it could have on a broad range of issues. Were looking at the potential impact on stimulus talks meg has the details on testing at the white house mike santoli tracking what it means for the market lets begin with what we know surrounding the president at this hour. Yeah. What we know is this diagnosis is now upended the president ial campaign a month out from election day the president s Campaign Team put out a statement earlier today saying that all previously scheduled events that involved the president of the United State ....

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Transcripts For FBC Cavuto Coast To Coast 20240712

The president and the first lady and rnc chairwoman Ronna Mcdaniel and we just learned about senator mike lee and all of this started with hope pics, the mike Lee Development that we are indicating, he sits on the Judiciary Committee, a number of democrats have been calling for delaying the confirmation hearing or knocking altogether as a result of this, we do know that judge barrett has already tested negative but again the news only is going to prompt more calls for him to be tested yet again, among those who have been testing negative besides the judge wilbur ross, the secretary negative, Steven Mnuchin, the treasury secretary, negative, alex azar the health and Human Services secretary, negative, yvon ....

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Transcripts For CNBC Closing Bell 20240712

Unit into a separate Public Company. More on that in just a bit ibm up and all the markets up with 59 minutes left in the session. All the big stories of the day coming up. Morgan stanleys Ceo James Gorman on the back of his companys 7 billion deal today to buy Investment Firm eaton vance. Carnival giving a Business Update as the crews and travel industries continues to deal with uncertainties amid the pandemic ceo Arnold Darnell will be our guest next hour. The ceo of Amc Entertainment will join us to discuss the rollback of more blockbuster movie releases why he is staying open when some of his competitors are deciding to close lets look at the st ....

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Transcripts For CNBC Squawk On The Street 20240712

Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want t ....

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Transcripts For CNBC Mad Money 20240712

A Senior Administration official tells nbc news the move to walter reed is a precautionary measure after consulting with physicians and that the president will stay there for the next few days working out of walter reeds president ial offices that have been in place for many years the white house says the president has not transferred power to Vice President mike pence. The president is still in charge this afternoon, the president s physician report that he was fatigued but in good spirits and received a regeneron cocktail to lesson the symptoms. The president has a low grade fever and has for much of the day. The white house calling the president s symptoms mild and later in the afternoon, his senior Economic Advisor larry c kudlow saying his symptoms are moderate peter alex eander reports mike pence will rema ....

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