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Transcripts For CNBC Squawk On The Street 20240711

How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid levels and the valuations of industrial stocks are well above where they were based on expected earnings eight month

Transcripts For CNBC Squawk On The Street 20240712

Runs out and shares of Bed Bath Beyond are surging, the retailer reports comps of 6 , online sales soaring 89 , jim so earlier in the week, jim, and even last week you seem to be pessimistic about the prospect of a compromise coming together. Do you feel any different this morning . Look, i think the Airline Layoffs are looming large because with layoffs come a cut in roots, with a cut in roots is a pain point, but i think its the senate, we keep talking about mnuchin and we keep talking about speaker pelosi, but i think the senate is buying into the president s vshaped recovery and i think Mitch Mcconnell is buying into it which says why do we need more we have a v shape, its just Certain Industries that can be triaged. I know that the industries represent small and mediumsized business so im against that, but i would say in favor of the mcconnell position, at least if you are looking at the stock market, this set of earnings, now, that is not what they care about and i dont want to m

Transcripts For RT Watching The Hawks 20240712

About 772. 00 deaths per day and under a more aggressive figure that would be about 1200. 00 deaths per day so whereas most European Countries their death rates are lowing lowering here in the u. S. Its just keeps increasing brant. As you just mentioned there are some parts of europe are seeing a 2nd wave of cases what restrictions if any are European Countries doing to deal with the outbreaks so lets take a look at how some of the European Countries are doing right now and how are theyre dealing with their 2nd wave of the virus so france for example they have over 30000 deaths now they have just banned large gatherings in some regions and theyve also imposed a mandatory face masks in hundreds of across france in spain where there is over 228000 deaths now theyve just seen a spike in new cases in catalonia so a new state home water has just been placed on about 4 and. 1000000 residents brand and thats a huge blow for tourism for spain as some European Countries like the u. K. Have issu

Transcripts For RT Boom Bust 20240712

Were around 2500. 00 deaths so its been lower and now and new the c. D. C. Forecasts said theres going to be anywhere between 1940022040 extension 00 deaths by september 12th so on that estimate the lower lower estimate would be about 772. 00 deaths per day and on the more aggressive figure that would be about 1200. 00 deaths per day so whereas most European Countries their death rates are low ing lowering here in the u. S. Its just keeps increasing brant notes are as you just mentioned there some parts of europe are seeing a 2nd wave of cases what do restrictions if any are European Countries doing to deal with the outbreak so lets take a look at how some of the European Countries are doing right now and how they are dealing with their 2nd wave of the virus so france for example they have over 30000 deaths now they have just banned large gatherings in some regions and theyve also imposed a. Mandatory face max in hundreds of amenity palate hes across france in spain where there is over

Transcripts For RT Boom Bust 20240712

Looks to rebranded following at 737 max saga but will the make over help it take to the skies and the later news outlets are taking the fight to apple over fees in the app store the long term impact of the decision mean moving forward with a packed show today so lets dive right in. And we leave the program with the latest in the race for a coke at 19 vaccine American Drug maker pfizer and German Biotech Firm bio intact said the vaccine they are developing is on course to face Regulatory Approval as early as october advanced trials of their latest vaccine known as b. To have shown the drug was well tolerated among participants across the age spectrum resulting in a moderate fever in fewer than 20 percent of participants the company said in a statement although they added they will continue to analyze data from the trials last month the 2 Companies Made a 2000000000. 00 deal to supply 100000000. 00 doses of the vaccine to the United States meanwhile johnson and johnson is planning a late

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