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BLOOMBERG Bloomberg Technology July 13, 2024

Zuckerberg would not. Twitter is banning political ads of all types. We have details. Googles former head of design ethics talks to bloomberg from the event in new york. His thoughts on to knology, apple has beati across the board, topping estimates from both last quarter and next quarter. This is a significant accomplishment for apple despite some sputtering iphone sales. To break down the report, i am joined by our analysts. Let me start with lee. Broadbased beat, what is your take away with this . Thatit is not a surprise the stock had performed pretty well coming into the report. Especially on the Services Side of of this was a pretty large beat. That and the Gross Services number was pretty unexpected. That and the guidance for the Holiday Quarter was pretty good. Look at the expected revenue numbers, the midpoint f ....

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CNBC Squawk On The Street July 13, 2024

Europe is a big week personal income and spending is roughly in line. Our road map begins with apple, nearing an all time high, expanding ipad and air pod demand, Services Growth offsetting that demand social media twitter banning political ads, facebook defending its decision not to, saying, quote, its not all about money, facebook shares by the way rallying on those earnings head winds, markets are set for a mixed open, a report about chinas longterm doubts about a trade deal with this white house. Well begin with apple, though, higher than better expected revenue, despite iphone sales, results got a boost from stronger demand for ipads and air pods as well as growth in services they are issuing upbeat quarter guidance jim and josh lipton talked to tim cook about better sentiment in china as well. I was surprised with that, when talking with tim and with josh and on the street the whole tone of the discussion was that things ar ....

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CNBC Fast Money Halftime Report July 13, 2024

Off. Halftime report starts right now. Welcome. Good to have you with us today on this friday joe taranova and josh brown and the chief Investment Officer at boston prime wealth. Stocks are on pace for their worst week in a couple months and significantly higher this hour after the jobs number came in slightly lower than expectations and not as bad as feared josh brown, you told us we were due for a bounce and i guess we are getting it today nice reversal yesterday, too, by the way. Look, you look at when you get that oversold on the components of the s p. Yesterday pointed out only 8 of s p names were above their tenday moving average that is an extreme negative down turn for the market and everything that is washed out. Historically weve been able to bounce from that degree of oversold across the market the other thing is that a lot of the concerns from earlier in the week have been invalidated and the jobs report is just th ....

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FBC Varney Company July 13, 2024

Rate of growth is slowing. Now, this hour, im going to ask the president s top economic adviser, larry kudlow, two questions. Are we going into recession in the next 12 months and secondly, what reverses this slowdown . Larry kudlow coming up on this show this hour. Heres the market reaction. Not bad. The dow industrials going to be on the upside to the tune of about 50, 60 points but its early going. You never know how we will close. The s p up about six. Look at the nasdaq, thats going to be up about. 33 . Nice gain. Interest rates virtually unchanged. The yield on the tenyear treasury, 1. 54 . By the way, a rate cut by the fed this month considered a probability. Another cut in december considered a strong possibility. All right. Time to take a look at the latest attack on facebook. Roll tape. What we need is a president with the courage to enforce the antitrust laws. Break them up. And yes, Mark Zuckerberg, im looking at you. ....

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CNBC Fast Money July 14, 2024

With all the releases. Melissa, apples biggest day of the year is over. What did investors learning learn today . You saw the ceo take the stage and introduce three new smartphones, the no lower priced iphone 11, faster processer, 6. 1 inch displays. Better battery life. Interesting to note, the price 699 about 50 cheaper than its predecessor the 10 r which remember is apples best seller then the high end, the 11 pro, 999 with a 5. 8 inches splay and the 11 pro max at 1099 with the a 6. 5 inch splay shipping on september 20th mieper says overweight the name he tells his clients listen as long as new iphone hardware and services perform well he thinks that does tie investors over until 5g hits hits it wasnt just iphones it was a focus on wearables. We saw the new watch starting at 399 and 499, 46789 G Network Connectivity new features like the always on display. Youll be ableto see time and notifications when you havent rai ....

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