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Transcripts For CNBC Squawk On The Street 20240711

Million. And beyond meat, those shares are down sharply amid slowing sales, while mcdonalds launches a new plantbased product line carl well get to that later, guys first, jim, a lot to unpack with the covid cases, pfizer news, lilly news today, azar on squawk saying the timeline for a vaccine delivery is getting pretty specific now. Right look, were back in that same world and i listened to the fund manager speak on squawk, got to buy value and sell growth where were they yesterday whenle have you went from being okay to being overvalued in about a threehour session i find that when i look at some of the stocks that i like in the industrials, they have gone so far that i think now everything has to happen right and these arent going to happen righting. They are hostage to earnings Cloud Computing stocks, they have a lot of room to go down because theyre so high. When you look at faang, for instance, does it make it so alphabet is worth less the principle method of how alphabet makes i

Transcripts For FBC Varney 20240702

Biggest incursion to date into gaza. Early this morning a column of tanks and bulldozers moved in. Prime minister netanyahu says the idf is preparing for a Ground Invasion soon, thats his word. President biden has again warned iran not to attack american troops. Central command has confirmed that two dozen soldiers were injured in drone attacks the from groups linked to iran. Next, the market. And the real story here is the sharp selloff in technology stocks. Heres big tech this premarket action. All of them down. All of them down again. Now, there have been some disappointments in big tech earnings, but theyre all way down. Yesterday and this morning. This is not helping, treasury yields going back up again, the 10year now at a 4. 91. It was closer to 5 earlier today to. The 2year till well above the 5 level are, 5. 07, to be precise. Stocks overall mostly down. That was earlier this morning. Then we got a report of 4. 9 economic growth, and that has pared those losses, so right now w

Transcripts For FBC Varney 20240702

Goes straight up. Lets go through this. The hostages a arrived back in ill reese a ill reese a a a s ago. The u. S. Appears to want a delay in the Ground Invasion. There is concern that it would triggerrer a wider war. Members of the squad continue to charge israel with genocide. Thats been picked up at prohamas rallies at colleges and cities across the country. As of now, israel is pounding gaza are airstrikes, their tanks are prepared to move. Now look at the markets. First, look at this. Bitcoin hits 34,000 a coin. There is no hope for an etf which would make buying and selling crypto much easier. 34,5 as of right now. All right, to the stock market, up again at least at the opening bell. The dow industrials showing a gain can of about 160 points at this hour. Nasdaq up close to 90. Thats a solid rally. Interest rates moving a hit little higher after yesterdays plunge, the 10year with a yield of 4. 85. Are remember 24 hours ago it was above a 5 . The 2just above 5 this morning, 5. 0

Transcripts For FOXNEWSW Fox 20240703

Look at that. Mike tobin taking cover on the israel gaza border as Missile Attacks continue. Israel is still promising a Ground Assault into gaza is imminent. This is a special 2 hour addition of the fox report. We have Team Coverage of war in israel. Alexandria hoff with more as President Biden pledges to remain focused on american still held captive by Hamas Terrorists in gaza. Steve harrigan live in lebanon where there are growing fears of escalation by hezbollah and roger wicker on the other chambers response to this. Mike tobin live in the southern israel with the latest. Reporter for 14 tonight we watched rocket fire and watched the ground to see if the israeli invasion of gaza begins. Forces staging up and down the gaza strip some 300,000 strong, with reservist called up to combat duty, they are training while they wait for their orders. 188th brigades, getting ready to do what the Defense Minister called the long and painful processable donating hamas. Strikes go into the gaza

Transcripts For FBC Varney 20240703

Take it away. Ashley thank you, maria with. Good morning, everyone. Im Ashley Webster in today for Stuart Varney. President biden holding a prime time address to make the case for billions in aid to israel and ukraine. And while he didnt give a number, it is widely expected to be around 100 billion, maybe more. Some critics not happy that biden is using the war in israel to push for more aid to ukraine. Were going to get into that issue. Meantime, the situation in the middle east intensifying. Smoke rising from buildings in gaza saw as israels ground offensive could begin soon. Israel warning the conflict will be long and intense. Tar heinrich is the spokeswoman for Prime Minister Benjamin Netanyahu. Meanwhile, more attacks on u. S. Troops in the mideast are ramping up, overnight two more were thwarted in iraq. Meanwhile, hamas is calling for another day of rage. Theyre encounselinging muslims a encouraging muslims to stage mass protests against israel. As for the markets, lets take a

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