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CNBC Closing Bell July 11, 2024

Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of th ....

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CNBC Squawk Box July 11, 2024

Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is th ....

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BLOOMBERG Bloomberg Surveillance July 11, 2024

Nation, and Bloomberg Television as well. I love how we end our opening withistopher Christopher Verrone of strategas. A lot of people rationalizing where we are and beginning to rationalize outcome a way utes come on down 30,000 where we are and beginning to rationalize out, wait a minute 30,000. Jonathan lets be clear about something, they have been bullish and right through most of the last eight months. Most hatedlked about bull market, but this recovery has been underappreciated. I have sat here many times waiting for it to fade. It hasnt. But i think now things have changed. Restrictions are back. It is our closing indoor dining. The letdowns wont be the same as early spring, but the restrictions are there for all to see. The question is how much of this do you tolerate. ,om what is just as important moments ago at
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CNBC Street Signs July 11, 2024

Economy. Eu budget faces more delays after hungary and poland double down, as the polish Prime Minister urges them to reconsider this will lead to a breakup of europe and the European Union. And President Trump moves closer to conceding the u. S. Election saying that he will leave the white house if and when the Electoral College confirms joe bidens win well, it is friday, we made to the end of the week happy thanksgiving thank you very much great to be with you on black friday and lets talk about markets and the price action were seeing on this final trading day of the week, capping off a week of solid gains the stoxx 600 and most of the european indices will ending the week about 2 higher than where we started off this is where we are for the broader european ....

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CSPAN2 Facebook Google Twitter Executives Testify On Social Media Regulations... July 12, 2024

Said this hearing will her were turned to order and we understand that senator moran is next so sir you are recognized. Chairman wicker thank you very much and thank you for you and senator cantwell hosting this hearing. Let me address initially this topic that seems to be primary today and then that is of data privacy. Let me ask all three witnesses how much money does your company stand annually on content moderation . How many people work in general in the area of content moderation including by private contract . Let me start with those two questions and ultimately want to ask you how much money does your company spend independently on lawsuits for content. See that mr. Zuckerberg do you want to go first . Senator we have more than 35,000 people who work on content and safety review and i believe our budget is multiple billions of dollars a year, upwards of three or maybe even more billion dollars a year which is a greater amount in revenue in the sense that we are spending more on ....

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