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CNBC Fast Money July 13, 2024

Alphabet, the stock higher after reporting a quarter that is under way. We have full Team Coverage under way and gene munster is listening in on his phone, and lets start out with deerd deid bossa. Im sorry guys just on the call right now the cfo was just talking and i was listening so intently because she was talking about the Second Quarter and shes seeing some signs of commercial activity recovering and she said it would be too early and too premature to make any kind of conclusion or talk about how durable that may be. Going back to the results the ad revenues were hit and perhaps not to the extent that wall street was expecting and they echoed the comments that cfo made saying that it was a tale of two quarters, strong at the start and then ad revenue declined he also struck an optimistic note saying he had reasons to be confident. Have a listen. Let me just explain that ....

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CSPAN2 The Communicators Are Tech Companies Too Big July 13, 2024

But essentially, monopolies and Financial Institutions that facilitate that monopolization across the country and thats what we are focused on. We have special concerns about the power of Big Technology platforms but in general we think that a lot of the economic and social problems that we are experiencing in this country today can trace back or be exact exacerbated by the dramatic outsized levels of Corporate Power that exists in our economy today. Host how did you come to that view . Guest we looked around at the world essentially. If you look at markets. If you look at Market Structure you will find that whether it is large markets like media, telecom, healthcare, online retail, amazon for example, or even small markets like
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CNBC Squawk Box July 13, 2024

The 10year is yielding 0. 75 . Well continue to monitor that as well. We have a lot of guests today. Including dr. Scott gottlieb who will join us in a couple of minutes. J js cfo, the ceo of moderna, ceo of related companies and the ceo of zoom. All in the next three hours. Andrew an update now on the pandemic in the United States. Now more than 582,000 cases and 23,000 deaths. North has 96,000 cases and 10,000 deaths. New york governor governor cuome numbers appear to have knocked off in new york. It was an accomplishment. A heck of accomplishment those Health Care Workers for the rest of my life, i will say nothing but thank you to them. I was not sure if we could keep the tide from overwhelming our hospital capacity. They did there is going to be no ephany or morning headline that says hallelujah, it is over thats not going to happen. Well hear more from dr. Scott got ....

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CSPAN The Communicators Are Tech Companies Too Big July 13, 2024

As a public service. Brought to you today by your television provider. Now on the communicators we want to introduce you to sarah miller. She is the executive director of a group called the American Economic liberties project. Which is what . Sarah we are an organization based here in washington that is focused on what we see is a crisis, a concentrated economic power in the country. Essentially monopolies and Financial Institutions that facilitate that monopolization across the economy. That is what we are focused on. We have concerns about the power of Big Technology platforms. In general, we think a lot of the economic and social problems that we are experiencing today can trace back or be exacerbated by these a outside levels of corporate power. Host how did you come to that view . Sarah we looked around a ....

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CNBC Squawk Box July 13, 2024

279 points looking at the treadsrys the 10year is at 0. 77 . That is nuts especially when you start to look at where we were a handful of months when people were talking about a 3 as rates go down cheaper this is such a panic move. Is it forecasting a Global Movement the problem is that everyone was worried that stocks were overvalued the problem is there is no way of gauging what the effects are. Everyone at this desk could have started throwing stocks at the wall people are going for safety and quality. These are panic moves im not sure it is unwarranted people will sell off first and panic later. Theyll say im looking out for a year or two or three thats probably what well reassure now can stocks bounce off the previous lows of 12 i think the market has to recalibrate to digest the lower yield and the market sitting across the table, stocks dont often bottom on a friday but the fact that everyone thought they werent going to b ....

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