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CNBC Street Signs July 13, 2024

Because of coronavirus meantime, the pause of news comes from the pharma sector as a trial from gilead shows promising results. Lvmh with a disappointing set of numbers the ceo says the situation is improving. Caller weve always seen in the history of the Company Strong bounce back after crisis. Weve seen that in the past and in other epidemics what we are seeing right now in china is not surprising us auto sales plunging. In italy, the hardest hit country as dealerships across the country are closed we are an hour into the trading session here in europe and we have a strong bounce on the index taking away from some of the losses we had shored up for the trading week the stoxx 600 down more than 2 for the week also strong gains in individual markets. The likes of the french stock market are rallying really nicely today one of the strong ones out of the core markets one of them that rallied 3. 3 , a little behind but solid to the d ....

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CNBC Closing Bell July 13, 2024

Cnbc interview with iac chairman barry diller we are higher be 0. 8 on the doubt stephanie link is here with us. Good afternoon. Thanks for having me. Good to see you as always. We shall rule off all the major at least, owned now that they seem behind you are theyre rallying and rallying hard apple is so incredibly impressive if that really is the case, we have up side to numbers for apple, and i think a lot of analysts will have to raise estimates. Its a great leadership group. It really is. Apple up 5. 2 so far in 2020. Lets fog focus in on the big stories. Were looking at what wall street is says courtney has a read on retail. Mike santoli has his market and if youre wonders what got us to the doorstep, not quite, its very simple. Its bigcap Technology Stocks apple a good part of the reason, moiismt the secondmost important, and, of course, a suite of semiconnect or stocks like nvidia. Tame, re that mean reversion trade . Ce ....

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CNBC Squawk Box July 13, 2024

We have a huge lineup this morning. Steven mnuchin will join us. That is at 7 45 a. M. Eastern at 8 00, well get reaction from political strategist hes been out all over the place what is there to talk about . A few things what did we say . President trump is ripping apple . Ive said all along, apple has to get on board. Switching sides no. Im not. It is not apples responsibility to keep us safe the issue is how much theyve been cooperating it does sound like the company has been pretty responsive they dont want to create an encryption key to allow any government to get any phone. They should cooperate in cases like this. I hope they are cooperating behind the scenes. I do want to see them cooperate on some of these but i can under the broader issue. The journals point is that in the meantime, apple shouldnt be seen as a public enemy no. So barr wants cooperation. Right but not just on this issue. He wants to create a larger issue. He wants to establish and create law for life that wou ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Happy tuesday. These are your markets. A lot of the focus this week will be on earnings. We have a lot in the u. S. And europe. Of days awayle from the signing of that phase one trade deal between the u. S. And china. We are still trying to figure out what happens between the u. K. And the eu. There is a lot of speculation. While Bank Earnings c,itif with j. P. Morgan and wells fargo will follow after. We will focus on what blackrock Just Announced moments ago to focus on more sustainability. Lets get to the bloomberg first word news. The Worlds Largest asset manager is upping its push to a greener future. Blackrock will put Climate Change at the top of the investment strategy. Inwill avoid investing companies with sustainability risk. The u. K. Is likely to secure a ....

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CNBC Squawk Box July 13, 2024

A lot of red on that board. These are modest moves. Market turmoil. Someone tweeted me that. Futures arent up a half percentage point pull out the market turmoil boards several headlines out of beijing overnight. Chinas exports rose imports are higher than expected chinas trade delegation arrived. We are learning more about the purchased targets that china would agree to at the phase one trade deal signing telling us china will commit to increase purchases from 32 billion over two years china will also pledge to buy an additional 80 billion 53 billion in Energy Supplies and 35 billion of u. S. Services over a twoyear period but will only only cost them half as much they are no longer a currency. You missed the other piece of information. They are allowed to no longer a currency manipulator. They arent going to do that was there a quid pro quo there has to be not a coincidence. Treasury secretary
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