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CNBC Squawk Alley July 12, 2024

The best performing s p at the moment i have my eye on a few techish stocks this morning for different reasons. First box is up better than 5 6 , actually, after earnings an echo of what we saw from sails force. And then, tesla. That stock now well higher than 400 billion dollars in market cap. So you wonder where that one goes it has certainly been a storied stock of the market so far and then along the lines of the idea of reopening disney, trading now where it was about a month ago. The rise of skywalker came out 135 her share, dei rrrdre still down about 6. 5 lets begin with a big tech story of the day tiktok Ceo Kevin Mayer leaving the company. He said in recent weeks as a political environment has sharply changed, i have done significant reflection on what the corporate structural changes will require and what it means for the global role i signed up for. Against this backdrop, and as we expect to reach a resolution very so ....

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CNBC Worldwide Exchange July 13, 2024

More work from home. It is thursday, may 7. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening. Welcome. Im Brian Sullivan thank you for joining us on this 75th anniversary of ve day 1945, world war ii and europe ended. Looking at the market and your money. Setting up their thursday morning. We are seeing futures with potentially a rebound in gain. Getting to more on that in one second this would also regain like we said what we lost yesterday. Up nearly 3 this week alone weekly jobless claims are out. They are expected to show another 3 million americans have filed for unemployment. We are nearing 30 Million People out of work. Markets wont move on that it is widely expected. Obviously a difficult number to hear we have breaking news on
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BLOOMBERG Bloomberg Technology July 13, 2024

We are watching President Trump sign that stimulus bill. It to trillion dollar package. 2 trillion is actual money. Steven mnuchin says that injection will happen as fast as he can do it. Here we are. Trillion stimulus bill. We have about 6 trillion of a cushion to help cushion this blow. I want to bring in emily chang. Emily the president signing that 2 trillion stimulus bill. This is something that markets have been waiting for, investors have been waiting for. Every day americans are waiting for another big day when it comes to the number of cases. Italy reporting almost 1000 deaths in just 24 hours. The u. S. Now has more cases than any other country in the world. You have been covering the whipsaw in the markets. A very down day today. What happens. We ended the day down. You have to give it the context of the entire week. You had the biggest one gate one day gain on tuesday. Some of that got unraveled today. There was a sen ....

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BLOOMBERG Bloomberg Technology July 13, 2024

And a 2020 launch. Facebooks Cryptocurrency Libra is set to debut next year. We will hear how the head of libra and the facebook coo touted this big promise. But first our top story. Recordbreaking sales for amazon. The ecommerce giant posted its largest advance on the s p 500 index on thursday. Amazon didnt release specific sales figures, but the statement backs up broader reports that Online Shopping picked up this year. I want to bring in spencer and darren baker. Spencer, talk to me about what we learned from amazon this holiday season. Spencer in terms of their statement, we didnt learn much. Every year is another record for amazon and ecommerce. What we did see was that this was the first year, one that they rolled out their oneday shipping pledge on millions of items, and that they handled so much of their own delivery on their own. I think a little bit of the b ....

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BLOOMBERG Bloomberg Technology July 13, 2024

Libre is set to debut next year. We will hear how the head of libre and the facebook coo touted this big promise. But first our top story. Recordbreaking sales for amazon. Posted itsrce giant largest advance on thursday. Amazon didnt release specific sales figures, but they say it backs up broader reports that Online Shopping picked up this year. I want to bring in spencer and darren baker. Spenser, talk to me about what we learned from amazon this holiday season. In terms of their statement, we didnt learn much. Every year is another record for amazon. What we did see was that this was the first year, one that they rolled out their oneday shipping pledge on millions of items, and that they handled so much of their own delivery on their own. I think a little bit of the boost is that amazon got through christmas without any disasters. Everyone was wondering how they would do this year. And darren, every year is a record year. Is a ....

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