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CNBC Squawk Alley July 12, 2024

Good morning, what a friday morning. No lack of news today. Home sales, the biggest quarterly jump in history. Management changing for some of jeff bezoss and it is a 4 gain today. They added nearly half a trillion in the market cap this month. It is staggering, because apple right now is about 62 billion plus above the 2 princip trillion mark. That is like adding vm wear. That is your oef raj over the two tril mark. I dont know how history will judge that when skail has taken on new meaning im crashing my ahead because im not wrong, right it is remarkable but it raises questions about the breadth of this rally, right . We continue to see the big tech mega cap names push higher and investors saying can it continue, youre leaving a lot of names in the s p especially behind, karl. Thats right, something to watch as more and more people are looking for signs of a bubble now we have a piece that just crossed regarding facebook laying out contingency plans should the president try to delegi ....

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CNBC Squawk On The Street July 12, 2024

U. S. Cases do continue to decline. The fda gives the go ahead for plasma use in hospitalized patients and a potential vaccine fast track and tech on a tear. Shares of apple up nearly 75 this year ahead of its four for one stock split today. Jim, we have all that to handle and jackson hole this week, the rnc and couple tropical storms in and not a sleepy august it should be a sleepy august, and its not august supposed to be a down month and its not people say, wait a second. 70 of the market didnt do well last week. I always find those kind of things because 70 of the market does well this week. You dont have a bunch of anything to hang your hat on when you look at a big apple price target increase basically to where the stock is you realize, wait a second shes the first. But will everyone have to follow every price target is below where the stock is a lot of people feel enthusiasm for the stock split. Of course, that is part of it. I know stocks mean nothing but they excite people she ....

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CNBC Squawk Box July 12, 2024

Home this is not an option. Welcome to my world this is all i use these days. It is so easy. So quick amazing im 30 years old im 66 i look like adonis. You are mocking me. Not a terrible mock to receive wolff, were you here in the u. S. You mean january 1, 2016 when i arrived on these shores . Was it really january 1 one or two. You are in for another treat, i guess to see real democracy in action to have a constitution that is the envy of the world instead of 12 different parties in england, the republicans can team up with bernie. You know what it is like to win the popular vote exactly, because our forefathers realize two parties could not elect the president. Other people might have something to say in the uk, you can quite comfortably get a seat in Parliament Without the popular vote you are right, we have no written constitution it is hard to push back on that front. We have our own royal family, the kardashians. We prom ....

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KPIX KPIX 5 News At 530pm July 12, 2024

The google made a big announcement about the future of its work from home plans, could inspire other companies to follow suit . An uncertain future for as many local fishermen, still trying to recover after that destructive warehouse fire at pier 45. That fire burned the gear for half the city is. Those crews now scrambling. Reporter report commission estimates that 7000 of these crab traps were lost in the fire and for the fishermen they will not be easy to raise, theyre not exactly something you can buy at walmart or home depot. This crab boat owner has long waiting to do, 500 buoys have to be marked with identifying colors as he works at his home accounting to create 250 new crampons for the upcoming season. 50 of them in the fire that destroyed all the gear for his two crab boats. I got down there and pretty much knew at that point that it was a bad deal. Reporter report will begin demolishing was left this week but its losses were covered by insurance. The fishermen steer was not ....

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BLOOMBERG Whatd You Miss July 12, 2024

On the s p 500, there were a lot of concerns that we would not close that gap overnight. I think we just about closed that gap at the close. Thatine it is interesting you are getting this risk on move in stocks but also seeing yields getting crushed. Taylor it is incredible, the moves we have seen. When is the last time we saw the nasdaq at a record high, gold at a record high . Where do you find value when spreads are already compressed. Caroline lets get back to nancy. Please, onctive, which is speaking your truth. Is it the bond market, or the stock market and sheer liquidity winning out . Nancy i think the bond market is more right than the equity market. Be ague that this will stairstep recovery. Acronymsalphabet soup for how we recover. We saw anarizona, so opening and a partial shot again. States have shut down 30 of gdp. The real concern that the equity market will have after the election is what is a sustainable level of earnings growth. Aile
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