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CNBC Squawk On The Street July 13, 2024

Striking distance, stocks are on track for what would be well see, the first loss in four sessions, but really cant get much of anything out of the future moves right now plus, deal or no deal, tmobile sprint battle heads to court. 13 state attorneys general led by, of course, california and new york are seeking to block that merger. And it is an m a monday, we have two big premium deals in biotech, sanofi and merck. Im going to get to that jim does too stock picking so important there in terms of figuring out where those premiums are going to end up stocks overall set to look for a modest open this morning, this after fridays jobs report rally. That resulted in the s p erasing its losses for last week trade once again in focus here, heard jim talking about it on squawk box. The next round of u. S. Tariffs against chinese goods set to go into effect, this sunday so we are now counting down. And new data Shows Chinese exports to the ....

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CNBC Squawk Alley July 13, 2024

Where i was over the weekend among the headlines and there were a lot, a warning about potential risk for the u. S. If Tech Companies decide not to do business with the pentagon. My view is if big tech is going to turn their backs on department of defense, this country is in trouble. That just cant happen so we have to, it is up to the Senior Leadership to say i understand these are emotional issues, we dont have to agree on everything, but this is how were going to do it we are going to support the department of defense. This country is important. Meantime, heavily redacted 103 page document that was just made public a short while ago, amazon says President Trump launched, behind the scenes attacks against the company, which led to it losing out on the major jedi contract for
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CNBC Squawk On The Street July 13, 2024

China. Of course, we are going to get that 9 30 a. M. Press conference. Stocks as you saw look to higher look to a higher open. Dont worry about china iphone weakness why one key Analyst Thinks apples china woes are overblown. And two big tech names are moving in opposite directions. Oracle is falling on a revenue miss adobe rallying on an earnings beat we got broadcom to get to, costco, number of earnings this morning. Lets start with the Broader Market investors are trying to digest conflicti ining headlines. The Chinese Commerce ministry set to hold a News Conference half an hour from now. And, jim, we dont have a heads up in terms of what theyre going to discuss whether or not were going to learn about their view as in, yes, were all in or not. Kayla tausche ....

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CNBC Squawk Alley July 13, 2024

Enforceable, beijing says will bring certainty back to Global Markets. Under this phase one deal in principle, china will buy more u. S. Agricultural goods and manufactured goods and Energy Products and the u. S. Will be modifying its tariff schedule. Heres what we know what will happen to tariffs after seeing a statement from the u. S. Trade representative and series of tweets from President Trump. You will see 250 billion in chinese goods keep a 25 tariff for the foreseeable future for about 120 billion in goods that saw a 15 tariff beginning in september that will be cut in half by 7. 5 chinese officials in a press briefing earlier said the u. S. Agreed to roll back some of the tariffs on a schedule that had been negotiated. We dont know exactly what the schedule will be or how it will play out the chinese officials ....

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CNBC Squawk On The Street February 12, 2018

Us the upcoming meeting between qualcomm and broadcom and a lot more lets give you a quick look at the futures at this moment we are set up of a higher open, this is has not been a great tale for the rest of the day given the volatility that we saw last week. We did end the week on an up note have not put the two backtoback there is germany though and the rest of europe like we are really, really weak. Come on, everybody is down the same amount, it just does not make a lot of sense. Tlhere is a shared concern 2. 86 calmer than they were at 3 00 a. M thats important. We can see wti is having a little bounce as well. We start with the course markets that bounced back after the worst week of stocks ins southeaster since 2016 you know what jim says about the futures. Plus, the white house is rolling out its budget and a new 200 billion infrastructure. Key question, how are they going to pay all of that broadcom continuing acquiring qualcomm it would be the largest deal of technology of all ....

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