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Transcripts For CNBC Closing Bell 20240712

Left in the session. Yeah. And, of course, it is that holiday shortened trading week so were watching this closely coming up on the show tesla shares surging up another 8 on the day. Tripled in the last six months were going to break down that move with former ford ceo mark fields and the Treasury Department says it has finalized terms of new loans to major American Airlines well speak with the ceo of Hawaiian Airlines in few minutes as well. Lets focus in on the big stories were watching in general today. Mike santoli is looking at market valuations with the dow above 26,000 Steve Liesman is breaking down todays better than expected jobs numbers and how to square the conflicting messages were getting about the economy. Meg tirrell monitoring cases weve se ....

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Transcripts For CSPAN2 Anthony Townsend Ghost Road 20240712

And thats sort of roughly the same i think throughout whether shipping it across country or across townbut what if automation drops like another 90 percent . And its as easy and cheap to send a box of something across town as it is to send a text message. What does the world start to look like then and what kinds of things do people start to do with that . And around the time i was thinking of that i started thinking of what was going on in china with delivery and china basically went through the us 20th century experience with this decline in shipping costs and the increased speedand shipping in like 10 years. So when ali baba started it took three weeks to ship something from their headquarters which i think is in outside shanghai to wuhan or another big city on the other outside of china. And 10 years later that was a 24 hour thing and ali baba has 5 million, or sorry, gd has 2 million. You can do anything in any chinese city and under 24 hours. And on
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Transcripts For KNTV Late Night With Seth Meyers 20240713

Carls in a mood lets get to the news. President trump claimed on friday that the Defense Department had developed a, quote, super duper missile that is 17 times faster than other missiles which is great news unless our enemies develop a super duper infinity notakebacks missile. Oh, i didnt plan for a notakebacks missile. Thats right, trump claimed that the Defense Department has developed a super duper missile. He also said they got to third base with their girlfriend in canada and that their dad can dunk President Trump was presented with the official Space Force Flag on friday man, just look at him. Hes happier than hes been in years. He looks like he just found out he is not the father he looks like a 12yearold standing next to the rock. Though i do fe ....

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Transcripts For FBC Varney Company 20240713

Likely to hit around 15 . This morning, the private sector reports the loss of 20,236,000 jobs just in april. Reopening the economy is designed to try to bring back some or most of those jobs. So here we are. With all the bad Economic News breaking around us, what does the market do . Well, it rallies. For the third day in a row, the market opens higher. This is a bet on the recovery and a bet on the federal reserve, which is putting at least 4 trillion into the economy, and the treasury which is putting in over 3 trillion. Thats called stimulus. Investors appear to like it. The dow is going to be up about 140 points. Nice gain there. The s p up 15, nasdaq up about, what, 58, 60. Look at this. Oil, 23 a barrel. Thats where it is now. Earlier, it had been at 25. There has been a dramatic fall in supply and a hopedfor pickup in demand as some states start opening up their economies. So thats why we are in the mid 20s for the price of ....

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Transcripts For CNBC Squawk Box 20240713

613, s p down about 75 and nasdaq off by almost 200 on concerns about what we heard out of the white house last night. Joe mentioned those numbers. 100,000, to 240,000 americans potentially dying from this. The treasury market where yields have come down right at about 0. 619 . Some pressure as people move into treasuries as a safe haven. Andrew part of that, we talked about, so much of the money being rebalanced to some degree was propping that up that money wont be there today or the rest of the week or rest of the month because so many of the Pension Funds were there irrespective of the numbers we were hearing well put some pressure on the market in the meantime, the number of confirmed cases has reached 189,000. More than 4,000 people have died in new york city alone the latest death toll has exceeded 18,000. Maine is the latest state to issue stay at home order joining 28 other states. This morning, three out of four americans ....

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