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CNBC Power Lunch July 12, 2024

Not surprisingly tech stocks are holding up the best today. Bob is looking where we stand on earnings about halfway through the season and our tech team will get us ready for what to expect tonight josh lipton on apple julia on facebook. Bob, lets start with you. Kelly, earnings are a little bitter than expected the market is holding up pretty well because of that the big winner here remains technology stocks. Why shouldnt it just look at the Second Quarter earnings estimate. You heard of what a disaster the sec quarter is 38 for the Second Quarter this is almost the same for the Second Quarter technology will have a small decline. Thats why tech keeps winning. Look at lam research they make semiconductor equipment. The ceo said covid19 has underscore the rapid growing on reliance look at the chart up 28 good
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KNTV NBC Bay Area News At 6 July 12, 2024

Want to write back and say, what reservation are you talking about . That is one of the most direct slurs against native americans. A third thing the board did, is more concrete. It enacted a slew of criminal justice reforms, like requiring a deputy to intervene and stop another from using Excessive Force and updating the use of force policies. Some thinks it goes too far, and some think its does not go far enough. She took made by activii t activists. I want to be clear and direct. Im not willing to receive the Mission Accomplished or eight cant wait is done at this point. They say the chokehold will be off the board and they will work to eliminate systemic and institutional racism. Well, is it a noose or an old rope hanging from a tree. The fbi continues to investigate a hate crime from the sew no ma raceway, the noose was spotted on a tree at the track. The weathere ....

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CNBC Power Lunch July 12, 2024

Patients the billionaire Tilman Fertitta will talk about what a second waver could mean for his business power lunch starts rite now. Thanks the Broader Market is lower. The nasdaq isnt it crossed 10,000 just a few minutes ago. Lets get to bob pisani. We did hit the 10,000 level it was led by semiconductors we saw nvidia doing well dont kid yourself, theres your 10,000 off of that its still a nmegacap rally. Good day for amazon. Good day for facebook and alphabet good day for apple as well microsoft is the lone laggards and that is up about 1 overall here we sort of reversed. The banks, the retails and industrials have led the charge for the last week or so. Thats not the case today. Were back to the old meg cap rally and the banks down the retail down. Energy stocks down industrials down all this follows a rather predictable pattern in last month or so as these cyclical nam ....

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BLOOMBERG Bloomberg Technology July 13, 2024

A new, widely Controversial National security law for hong which has been protested by folks in hong kong. Investors concerned these actions could destabilize the global economy. I want to bring in markets reporter taylor riggs, who has been following all of this. Break down what happened for us. Taylor it looked like we were green and in the clear until the last hour of trading, and then you sort of mentioned other headlines that made markets very nervous. Trump said he would have a press Conference Friday to talk about china. Then theres a lot of concern about the National Security law china signed that in effect would remove a lot of the economy from hong kong. In the last hour of trading, everything fell apart, but the key theme remains. Some of the Big ....

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CNBC Closing Bell July 13, 2024

Under an hour left in the session. Lots coming up on todays show a big exclusive interview with bank of americas ceo. Well get a read on the Small Business relief program. He joins us live in about ten minutes time plus as retail bankruptcy concerns swirl, well speak with the president of sax fifth avenue about whether customers h actually return to stores when doors do reopen but first, lets focus on the big stories of the day. Mike is tracking the market pullback on this first day of may. Josh is covering apple diedra is watching amazons move and phil has the shocking tweet from elon musk that sent teslas shares tumbling. Mike the s p 500 down almost 3 today. About 3. 5, 4 from its highs just two days ago. Look at a chart. Just to map where we are down about 4 we had broken on a shortterm basis the uptrend from march i dont think anyones going to get too concerned about this unless it goes deeper than at least 2550 week and a da ....

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