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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

33 . Jobless claims rise for a second week with 17 million filing for benefits. International condemnation of hong kongs decision to bar a dozen prodemocracy candidates from Upcoming Elections as chinas new security law breaking news out of south korea. We are getting june Industrial Production numbers and they are a strong beat for the month on month numbers for june, a growth of 7. 2 . The estimate was for growth of around 2 . It is also coming after the previous number was revised downward, so its a bigger beat than expected. The year on year number still in contraction but only up. 5 percent. The expectation was for a plunge of 5 . The previous number was revised downward. We have seen a little bit more optimism. Manufacturers confidence in south korea rising. We have seen export declines starting to ease. Chinese demand rising, not to mention demand in the chi ....

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BLOOMBERG Bloomberg Technology July 12, 2024

Restart the economy. Some of the money being earmarked for 5g and broadband. And new developments in the house investigation into big tex. Bloomberg has learned that the facebook ceo and alphabet ceo will testify if called along with amazon ceo jeff bezos. Lets talk about the markets. Abigail doolittle joining us. Another wild day. Talk to us about the main drivers. Abigail a roller coaster day. During the day out with that alleged tone. Some positivity around a possible cure for the virus. Plus, retail sales, the best on record. Then, virus news coming out to beijing closing schools, plus texas hospitalizations at a record high, florida at a record high. Netnet, we had stocks close slightly higher. Apple of for a third day, big driver, getting a boost from price target standpoint from citigroup to a street high of 400. Bank getting an upgrade at of america. Indication down very slightly. , stock on thee move to the downside. That is oracle. They reported their fiscal fourthquarter, di ....

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CNBC Fast Money July 13, 2024

Seymour, dan nathan. Gina sanchez ce of, good to see you. Lets get to it we start with a selloff. Another rapid reversal in the markets today. Earlier this session, stocks were actually higher hard to believe, but true. The dow is back up above 28,149, but only for a cup of coffee before more headlines begin crossing and more selling programs hit and the market turns south, the cdc saying the u. S. Has done a pretty good job so far with rapid response, and coronavirus cases are still very low. It also warned that the virus could hit us as well that will likely take down Economic Growth and earnings projections. So guy, nearly 2,000point haircut in 48 hours of trading is there anyplace to hide, any way to protect our viewers and listeners portfolios today i think weve done a decent job leading people down that path it comes in the form of bonds as weve talked about for months and the gold market as well. You can say the gold marke ....

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FBC Mornings With Maria Bartiromo July 13, 2024

Maria we want to get a check on Global Markets this morning. A lot of action, rally in europe as well as the u. S. Right now. Take a look at european indices, cac quarante up 72 and dax up 147 points. Euro zone purchasing managing index better than expected. The spread of the coronavirus is expected to cause weakness going forward. Remember, the outlook thats materially changing right now. We continue to see the numbers today pretty strong. In asian overnight markets are mostly higher. Take a look, the weak spot was hong kong. The others fractionally moving although korea was up 2 and a quarter percent. We do have more bad Economic News out of china. The service purchasing manager index slide to go record low overnight. February car sales plummeting 80 year over year. South korea announcing stimulus package to fight coronavirus. People are saying if he has to cut 50 basis poin ....

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CNBC Squawk On The Street July 13, 2024

Season jpmorgan crushes estimates, citi and wells are mixed ahead of the open. Plus sustainability is becoming the new standard, blackrock ceo saying the Climate Crisis is about to trigger fundamental reshaping of finance. And the tesla rally rolls on shares now up more than 100 in the past three months alone. Well start with bank earning, jpm, chase, citi, each posting better than expected results. Wells fargo shares moving lower on its miss. New ceo charlie sharp our cost structure is too high and i believe there are many areas where we will be able to increase our rate of growth. Efficiency really the story on wells, jim well, i got to tell you, im a total believer in Charlie Scharf and what he did at visa hes the most technologically inclined ceo in the bank group it has the most opportunity after this washout it is a washout. I dont think charlie will waste any more time ....

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