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CNBC Fast Money July 12, 2024

Find out soon. Good evening, everybody, all that and much more ahead we start with some breaking news on nikola. Shares are down in the after hours, following a big up day. Bloomberg reporting securities and Exchange Commission will exam over the stock selling fraud and allegations, stock down 7 . Youre response . Again, i cant speak, i said it last week, i cant speak to the voracek asity of the shore seller report, acquisition of fraud, i have no idea, but what i stand behind, despite how the gm is structured, whether their investing money, the fact that gm would link their wagon to nikola and if these acquisition prove to be correct, i think the real deleterious thing could happen with shares of gm, in my opinion, potential for exponential move and gm perhaps didnt do the homework others did. Thats my primary concern looking at this entire situation. Tim, to be clear on the story and were trying to get phil up here any mome ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

Good morning, everyone, and welcome to bloomberg surveillance. This is what the markets are focusing on. Partly, the number of infections rising in the u. S. But partly also what we are hearing from economies in europe reopening. European stocks sliding for a second day. We did lose a bit of momentum in this equity rally in the wake of damage caused by the pandemic. Hsbc slumping after Donald Trumps advisor proposed a move to punish banks in hong kong and destabilize the currency peg to the dollar. And goldng below 41 trading near its highest level since 2011. Lets get straight to the bloomberg first word news. Good morning. The white house has made good on its threat to leave the world health organization. The Trump Administration has sent a letter to the agency giving it a one year notice it plans to quit. President donald trump says the
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BLOOMBERG Bloomberg Markets European Open July 12, 2024

Line. President trumps top advisors want to destabilize the peg in retaliation for chinas tightening grip on the city. Hsbc slumps after bloomberg learns it was singled out in the report. Continental drift. Futures point to a second day of losses in europe. The fed Officials Say their scope for more action and economic recovering, if it stalls in the u. S. , where virus cases approach 3 million. Soon ask spending plan. The u. K. Chancellor set to unveil his measures to reinvigorate the economy. Will it be enough to drag the u. K. Out of it steepest slump in three centuries . We are just under an hour away from the cash trade here on the continent. Lets take a look at futures right now. Decent sized drops. 9 10 of 1 on ftse futures right now. Dax futures down three quarters of 1 as well. We also see u. S. Futures falling. Only 2 10 of a percent. What does the gmm tell you . Anna lets have a look at the gmm. It tells us a mixed pictu ....

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KGO ABC7 News 400PM July 13, 2024

Has ordered people to wear face masks in public if they cannot social distance. One of the big focuses right now is on Contact Tracing, trying to identify who may have come in contact with an infected person. Abc7 News Reporter kris reyes is live in San Francisco with this important part of the investigation and how it can help reduce infections. Chris . Good afternoon, liz. For people who are hearing this term for the first time, it simply means the ability of Public Health officials to track down every Single Person that a covid19 positive patient came into contact with. And you can imagine as cases have grown how complicated this task is. Well, today mayor london breed announced the citys ability to do widespre ....

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KGO ABC7 News 500PM July 13, 2024

Joining us, im dan ashley. Im kristin swee. Begin withd give it it. Inan rosa,milk, bags gorin Alameda County, volunteers stood by as people drove up in cars and waited for boxes of food. In san jose the National Guard was called in to load boxes and use heavy equipment to transport supplies. Everyone pitching in. You can see in this video from sky 7 the line of cars waiting for that food. A parking lot nearby was filled with motorists waiting for turn. Abc 7 News Reporter chris nguyen has the story. Reporter at st. Martin of tours, the demand for help visible from sky 7 is simply jarring. Its really hard to see the diversity of the people coming through. Rter residt nelton has been volunteering at this Food Distribution site. Families coming through with small ch ....

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