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FBC Barrons Roundtable July 12, 2024

But investors see signs of an economic recovery. Paypal is embracing bitcoin, allowing users to not only buy and sell the cryptocurrency, but to use it for purchases as well. Is it time to add it to your portfolio . And snapchat reported a jump in users and revenue, and it actually made a profit, sending the stock soaring. Other companies that rely on digital ad sales are reporting next week. On the round table, my colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with a look at the market. It was down a bit this week as that stimulus offer remained just out of reach, as it always seems to be. Covid cases surged. But youre looking under the hood, as always, and you think its not all one story. Thats right. I mean, look at the market right now, i dont see a lot of worry either about stimulus or about covid, for that matter. What i do see is some worry about technology. We had all the big tech stocks, a lot of it took it on the chin. Apple down 3 , intel dropped 11 ....

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BLOOMBERG Whatd You Miss July 12, 2024

Cheaper. Up 4tle out with earnings, 00 this year and they are reporting if it consecutive quarter of profits and says they will remain on track to deliver 500,000 cars in 2020. It is not just the numbers. They want to hear about commentary, about more proof profits can keep coming. Regulatory credit or no. Investors today already cheering snapchat. The fueled eight surge in social media stocks. Theset was not just stocks. Hitting its highest level since june, 2019. Paypal announcing they will allow customers to use cryptocurrencies. These were hot in 2017 and are still hot now. Joe retro day. I am sure a lot of people in 2017 would have said it is all a bubble. Maybe one day they will be right, but a lot of these trends, whether they be electric cars cryptocurrency, going on a lot longer than people think. Teslas number. The stock is up a little. Romaine i am interested in this tesla story. Potential competition. We talked a lot about niccolo the past couple months. We got word that
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CSPAN2 Senate Hearing On Google Online Ads Market Competition July 12, 2024

And trust legislation. Welcome to todays hearing of the subcommittee on antitrust policy and consumer rights, the title we chosen for today is stacking the tech as google form competition in advertising, i want to think drinking member and her staff for working closely with me and my office, we prepared for today. I also want to think the chairman of the judiciary lscommittee, senator graham for his support of this hearing. This hearing. After i and then senator klobuchar giving our opening remarks, well hear from two panels of witnesses with questions from members of the subcommittee. We have Something Interesting to deal with in the senate and every time they call votes, when they call votes during a subcommittee hearing, were at their mercy. Senator klobuchar and i have both cast our votes on the first of a series of three or four. At some point, were going to have to pause or tag team as we allow other members to hearin ....

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CSPAN2 Senate Hearing On Google Online Ads Market Competition July 12, 2024

I want to thank Ranking Member klobuchar and her staff for working closely with me and my office as we prepared for today and i also want to thank our chairman, the chairman of the full Senate Judiciary committee, senator graham, for his support of this hearing. After i and then senator klobuchar giving our opening remarks, well hear from two panels of witnesses with questions from members of the subcommittee. We have Something Interesting to deal with in the senate and every time they call votes, when they call votes during a subcommittee hearing, were at their mercy. Senator klobuchar and i have both cast our votes on the first of a series of three or four. At some point, were going to have to pause or tag team as we allow other members to sit in for us, just dont be eisenhower sitting on a stone block in the ....

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KPIX CBS Morning News July 12, 2024

Around the country after a grand jury failed to charge anyone in Breonna Taylors death. Overnight there was chaos at a demonstration in los angeles. Video captured a driver in hollywood plowing through a crowd of protesters. The white prius tried to speed off, but a large pickup chased the driver and cut them off. Protesters used bicycles to smash the windows and tried to drag out the driver of the prius who gunned it in reverse and took off. Police are still looking for that person. [ chants ] meanwhile, demonstrators in louisville defied a curfew bay marching in the streets demanding justice for taylors family. At least 24 people were arrested from a protest yesterday. Earlier a state representative who was at a church was arrested. About 200 people gathered there. Some even taunting officers dressed in riot gear. Taylors mother joined a demonstration at Jefferson Square ....

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