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CNBC Squawk Box July 11, 2024

The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its to ....

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CNBC Power Lunch July 11, 2024

Reported yesterday and a top Infectious Disease expert says its about to get worse. Power lunch starts right now and welcome to power lunch everybody, the election shifting towards joe biden today. He took the lead in the counts in georgia and pennsylvania. Lets go to eamon javers to break down where we stand right now. Were stel loill looking at e same list of uncalled races. Joe bidens lead is increasing weve had more vote now coming in today from pennsylvania, moe are vote out from nevada in pennsylvania bidens lead over trump has grown to more than 13,000 votes. Take a look at the state of pennsylvania we are about 96 complete. Too close to call there. The difference there 13,220. Thats the whole ball game if joe biden wins there, this race is over because thats 20 electoral votes. Biden only needs 17 at this point to go over the top in nevada, press conference just wrapped up in clark county, home to
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RT Watching The Hawks July 12, 2024

Flee for his life to mexico and then argentina while now is the numbers continue to pour in showing a major victory for morale says former finance minister louis r. C. The former president tweeted out quote brothers and sisters the will of the people has been asserted this is an overwhelming victory we are going to give dignity and liberty back to the people to major progressive socialist winds coming on the eve of one of the biggest u. S. President ial elections in history should the corporate powers that be here in the United States actually start worrying about where the worlds going lets find out as we start watching the honks. Whats going on in a city street. Or so you. See there is this joyce state see a. Great city desolate systemic deception. Late show which. Brings up a little. While ago about watching the hierophant or an island and joining us today to bring us some of the growing insight into this historic election in bo ....

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CNBC Fast Money July 12, 2024

Vaccine. And we start out with breaking news on disney, putting distribution in the center part of its business. Julia. Thats right. Disneys reorganizing its Media Entertainment business to accelerate its direct to consumer strategy. It says this is in light of the success of disney plus the move divides content and creation and content distribution, creating a new median entertainment distribution group, this group will be responsible for monetizing all content including ad sales and digital platforms liking disney plus the new division will also oversover see operations of the streaming service. I would not characterize it as a response to covid i might say that covid accelerated the rate at which we made this transition, but this transition was going to happen anyway because essentially what we want to do is separate out the folks who make our wonderful content based on tremendous franchises from the
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CNBC Power Lunch July 12, 2024

The bill nar has the blews these days he will explain why his businesses are struggling and the things that could get worse beyond that and what hes trying to do about that power lunch starts right now yes, it does the nasdaq hitting another all time high today. Its on strachan for its sixth straight day in the green. Bob has more for us. Modest weakness on the day. That tends to mean tech will still out perform. Thats happening today. Its airlines under perform and transports and Logistics Companies like jb hunt and fedex tend to out perform. This has been going on since the coronavirus issue back in february and march and again you can see that happening today. Ben carlson pointed this out the top ten stocks by market caps are up 10 so far this year the top 50 are up 2 but look at the bottom 50. Down 39 thats not a typo. Thats a huge disparity. Its true big stocks tend to be important. They always move the market. Bottom li ....

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