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FBC Varney Company July 12, 2024

Promising results from both of them. Later, we are expecting news from astrazeneca, thats a british company. They are going to announce the results of their phase 1 trials of a covid vaccine. Now, positive news on a vaccine usually moves the market. It certainly did last week, and i think its helping futures this morning, too. There is news on a new stimulus plan. The president says he would not approve any plan that did not include a payroll tax cut. All right. Now look at the market. It has turned around. Earlier today we were way on the down side. But now we have moved to the upside i think its on the strength of this vaccine news. The dow held to the 26, 600 level last week. 8,000 points above where it was when President Trump won election. By the way, a new the Washington Post abc news poll showed joe biden with a 15point lead, 5540. This is 106 days before the novembe ....

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CNBC The Profit July 12, 2024

Kathy my hope for you is throw away the facade. Lemonis if i cant force her to accept the truth, warts and all, this companys gonna go right down the drain. Max i feel like we deserve more because were worth more. Lemonis you need to cut the. 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 2008, california native max kater founded murchisonhume, a maker of nontoxic cleaning products. Max this is an allpurpose plantbased cleaner. Lemonis a former fashion editor, max was living in australia when her son became allergic to ordinary cleaning products. Max i just needed something that i could clean the house with that looked good, that smelled great, that i could trust. ....

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FBC Varney Company July 12, 2024

Ah but have a look at tesla. It made a profit. Its opening a factory in texas. It hopes to sell a half million vehicles this year and the stock is up again this morning. Elon musk now leads, im going to say he leads the technology economy. The stocks up 64 bucks now. Microsoft down. Whys that . Im told its because their Cloud Business only grew 47 . First time the growth rates been below 50 . Well, sell that thing. The stocks down nearly four bucks. Theri cnhe tin in po rt landrtla oregonor a44th offf inriing. Th ayor or jtl jedostl bedy b b pst at th supporsupp the anarc ahinast anast anaaken ne inne t ihen theheneworkork ity i nows theshehe wororst pl ac businebuness retairsrsrsrsrs sarsy. Now, tnohaw,tw,w,s a is. Th e new cold war, china and andhe s. A a fitivs researcher linked to chinas military is reportedly holed up in the chinese consulate in San Francisco. The preside ....

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FBC The Evening Edit July 12, 2024

Hospital the other day, i have the mask right here, i carry it. I will use i had gladly, no problem with it. I said. That i say if you can use the mask, when you can, use the mask reporter and President Donald Trump sending treasury secretary Steve Mnuchin and his chief of staff to the hill today, with a starting point for cares four of one trillion dollars. The hour long meeting with republicans those there say the administration now may be open to giving 25 billion for states for testing. Republicans also want payroll tax relief. 105 billion to reopen schools safely, business Liability Protections and incentives for going back to work. The american job market needs another shot of adrenaline. Senate republicans are laser focused on getting American Wor ....

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FBC Varney Company July 12, 2024

Diego, it will be Online Learning only for the rest of this year. That is shut down. The l. A. Teachers union demanded medicare for all and the defunding of the Police Department as a condition for reopening. What has that got to do with education . Leftist politics rules and the largely minority student body in Southern California will be deprived of a meaningful education. All right. Lets talk about money. Earnings season has begun. Look at delta. Lowest revenue in 30 years, 3 billion forked out for virus expenses, burning through 27 million a day. That shows you how tough it is for airlines these days. The stock down a little premarket. Overall, a tiny bounce back for the overall market. Big tech largely in the red this morning. We do have some decent earnings from some big banks and thats giving the markets ....

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