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CNBC Squawk Alley July 12, 2024

Many people. Tencent is one of the most active investors in the world. More than 450 investments under the companys umbrella and that is more than the number in softbanks universe and includes names like tesla, snap and epic. Thirdly, american businesses operating in china, like mcdonalds and starbucks, they rely on the wechat app for their operations so being cut off could jeopardize their business there. There are so many questions still outstanding but its really hard to understate the importance the daily role of wechat for chinese internet users. Its called a superapp people use it for everything from messaging and booking a doctors appointment and we dont have an equivalent here. Tik tok is popular in the u. S. Its looking at a sale to microsoft so it could get around that ban there is no such option for wechat, carl weve tried to explain to investors just how important it is on the other side of the world. Lets bring in global head of
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FBC Mornings With Maria Bartiromo July 13, 2024

The start of trading this morning after long Holiday Weekend, Dow Jones Industrial average better 500 points and s p 500 is also higher by 56 and nasdaq up 174. This after the dow, nasdaq and the s p 500 closed tout week of gains of better than 3 on the week as you see across the board. Another milestone today, the floor of the New York Stock Exchange will reopen but not quite business as usual. A look at the new restrictions coming up this morning. And turning to the 2020 race, former Vice President joe biden looks to take on President Trump on the economy, mornings with maria is live right now. Maria the easing of lockdowns and optimism of
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CNBC Squawk Alley July 13, 2024

Locally first. Im not saying domestic. Im saying within 100 miles of your home or 200 miles you can drive there so you feel good, in your car, its safe gradually people will become used to it and spread out. 9 11, i had friends who said after 9 11, i will never get on a plane ever again, im never doing it and six months later, okay, im going to try it. Okay wasnt so bad. Thats whats going to happen. People will feel gradually safer and safer. That seems to be the case we appreciate your time. Glenn fogel, ceo of bookings holdings. Thank you very much. Carl, back to you. Tanks for bringing that to us seema moody. Good morning welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt coming to you live from various location were trying to hold 24,200. Where we get 20. 5 million jobs lost in the month of april joining us to talk about that and more is art ....

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FBC Cavuto Coast To Coast July 13, 2024

Program. Democrats said it stops right there. They want added items that would no doubt be taken up in the house of representatives. Thereby substantially increasing cost of that. But the real catalyst for a lot of this as far as Financial Moves is no less than the Federal Reserve because 2. 3 trillion has been thrown at everything from the fed, shoring up support for small and mediumsized businesses to buying mortgagebacked bonds. Buying a lot of junk bonds. Just, anything they can get their hot little hands on. The junk bond thing is kind of interesting, folks. You might recall in the financial meltdown, we had these mortgagebacked securities. Remember they would pool mortgages, even iffy ones into a package of securities you could buy, mostly like a stock. When things are turning south, no one wanted to buy them. The F ....

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CNBC Squawk Alley July 13, 2024

Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with jon fortt at post nine of the new york stock exchange. Morgan brennan is in simi valley at the Reagan National library we start with jobs numbers, sending stocks surging, near session highs, up 303 on the dow, flirting with 1 gains in the session. Joining us to morning, mike santoli covering the up swing in the best of both worlds. The market was craving a good number, good news is good news no implications for the fed trying to restrain things. It is interesting, you look at the week, we did a v in psychology and the stock market, a week ago yesterday hit the alltime high, 3150 in the s p 500. We ran into ism numbers that challenged the rally u. S. Growth close to 2 . Weaver an overbought market, little shakeout. Now it seems like numbers since then restored that premise that things are
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