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CNBC Squawk On The Street July 12, 2024

From apple yesterday plus, jim, fedex and adobe to kick around from last night. Wow i mean, these were congratulations gentlemen and ladies calls because the numbers were so unbelievably good, much better than people expected. Now, this is rather amazing, carl why . Because there were firms that upgraded and pushed and raised numbers for weeks and yet they were dramatically exceeded, fedex because of e com, 96 of the growth is e com and adobe because its how companies are able to digitize quickly, particularly retailers, in order to be able to take advantage of this this amazing wave, this amazing boom of ecommerce to the home because of the pandemic so how can there be such a structural thematically strong story behind ecommerce and packages and growth and the targets that fdx has pulled forward by years and all the good news today on vaccines and therapeutics well, i think whats really convincing here with fedex is that theyre talking about how theres actually a weak economy in the < ....

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CNBC The Profit July 12, 2024

This company will capsize. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2010, Justin Romines started rayjus with his fishing buddy, ray odom. Justin if you take the graphic stuff out of there, i bet you its almost. Lemonis as 50 50 partners, their goal is to bring professionallooking sports shirts to amateur fishermen. Katie we only need five small. Justin okay. But were short this material for all this . Katie correct. Lemonis with little experience in the apparel industry, they set up a fullservice operation in lawrence, illinois, where they cut, sew, and print customizable garments. Katie i exp ....

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CNBC Closing Bell July 12, 2024

Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hit the tape lets get straight to the market in the final hour of trade another volatile session on wall street mike santoli tracking the action for us what caused the weakness here in the last few momentors so . That morning rally was really limp it did not pass any of the tests. It stopped where yesterdays highs were nobody had any faith this was really going to be upside momentum then you had a rally in the treasury market. Yields got compressed a little bit. And the dollar is also been higher ....

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CNBC The Profit July 12, 2024

This company will not survive as a mens jean company. This detroit rebuilding story will come to an end. My name is marcus lemonis, and i risk my own money to save struggling businesses. We are not going to wake up every morning wondering if we have a job. We are going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change. Everything. But i do it to save jobs and i do it to make money. This. Lets go to work . Is the profit. Id really like to do a manufactured by detroit denim. In 2010, eric yelsma founded detroit denim, a maker of highend mens jeans. Theyre unhemmed. So we will mark them and get you the fit that you want. Every component from the buttons to the thread is sourced in the u. S. And every pair is sewn right here in the heart of motor city. Danke. Tired of the corporate rat race, eric noticed an opportunity to help revitalize his city by tapping into local designers and fabricators. When you are done with those ....

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CNBC The Profit July 12, 2024

And fix the foundation of his company. Tracy these people are here because they care. Lemonis . The entire tumbleweed business will collapse. Do you know what fercockt means . My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2012, Steve Weissmann took over tumbleweed tiny house company. Steve how are sales going . Lemonis . Now americas top manufacturer of mobile tiny homes. Tracy this is our roanoke model. Lemonis he had little experience building homes. Still, he managed to grow the company from five people working out of a garage to 70 people working out of a 20,000squarefoot facility. Tracy we have hundreds ....

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