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CNBC Squawk On The Street July 11, 2024

Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazo ....

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FBC Mornings With Maria Bartiromo July 12, 2024

S p up 42 at 4 00 oclock on wall street. Getting tough on china, acceptable or the tom cotton is here, introducing a bill to revoke chinas nation status and whether tiktok and oracle will keep your data safe. Ken cuccinelli on actions to block chinese products made with forced labor. Wild fires raging on the west coast as the gulf coast is feeling the power of Hurricane Sally, we have the latest on the deadly threats. One soda company has a new drink that could help you sleep. Mornings with maria is live right now. Maria lets check european markets, rising from may to july, cac quarante is up 20 and dax index in germany higher by almost 40 points right now. In asia markets mostly higher signs of make recovery in china. Up half of 1 in the month of august. Months are released by the communist party as we always like to remind people, shanghai up half percent. Some of the top stories that we are watching this morning. President tru ....

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CNBC Closing Bell July 12, 2024

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 ....

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FBC Making Money With Charles Payne July 12, 2024

Home. Dr. Nicole saphier will weigh in on that news. House Speaker Nancy Pelosi says she sell whoing firm in negotiations for stimulus to the american people. More proof that President Trump had to take matters into his own hands. Well hear from steve moore and congressman matt gaetz coming up. All that and more on making money. Charles well i think todays action coupled with yesterday reflects that the market is sensing continued improvement in the economy and also a belief that a vaccine happens sooner rather than later. Remember yesterday it was the travel stocks and Airline Stocks were rockin and socalled covid19 winners, they were hit hard. Part of this belief is being fueled by evidence. Take for instance the tsa travel data coming in at the highest level since late march. We had some false alarms this year ....

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CNBC Squawk On The Street July 12, 2024

In march and april. Yeah, and, you know, the market if you want to talk about it being the index certainly is doing that its been steady naturally the most heavily weighted stocks also happen to be the ones that are in th strongest trends they are covering up for a lot of, i think, softness under the surface. Youre not seeing this latest push higher really have the participation of the airlines and all the kind of socalled epicenter sectors that now are under a little more question about a stutter step in the reopening process. I do think the market is trying to be rational about it. Its unclear what would stop these trends, why would apple and microsoft stop going up today when they havent stopped until now except the fact that the nasdaq does look really stretched once again compared to the rest of the market there does seem to be a little bit of frothy speculation happening in some pockets of this market but thats been the case periodically for the last several weeks i guess you wou ....

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