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CNBC Worldwide Exchange July 12, 2024

Good morning im Frank Holland in for Brian Sullivan here is how your stocks are shaping up the dow is open, the s p up about three. Nasdaq implied open up about 35 points still on pace for the broader losing streak. Closing down more than 1 with amazon closing down two and a quarter percent. The russell 2000 up more than 3 since monday where its best Weekly Performance since august 8. Perhaps a rotation on the way. More on that coming up first, we have to check the stock of the week. Thats snowflake after the surge of trading on wednesday, the stock was down 26 yesterday and on track for more losses this morning that stock down about a percent and a half well continue to watch those shares checking action around the globe, matt taylor in singapore and karen tso in london. A fairly lack luster week in the markets. We d ....

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CNBC Squawk Box July 12, 2024

Andrew is out, so i have to find a way to annoy you what you asked for. Your birthday is tomorrow, right . Tomorrow, not today tomorrow. Its friday. Everybody deserves to be embarrassed. Well do it anyway this is the last day youll be 19 23. Exactly. Anyway, lets check out the futures this morning as joe mentioned, youll see the dow down slightly by about 26 points s p down by four s p off by eight getting ready to wrap up another week the dow up by 2. 5 over the last four days. S p is higher. On track for a Third Straight positive week. A little different story for the nasdaq tech has been on an incredible run. Many of those names have pulled back not by a lot nasdaq down by 1. 4 this week. If you are watching it, the index is up nearly 17 for the year thats about 58 above the march 23 low and above the march intradate high we hit on monday. We are continuing to watch that. The 10year is the one we watch so closely it looks like ....

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CNBC Squawk Box July 13, 2024

Since february 5 and 6 thats right, it has been about a month and a half since february 5 and 6 for the dow and february 13 for the s p 500. Right now, it looks like the yield is at 0. 858 andrew we have a huge lineup of guests today out of washington James Bullard talking about headlines. Tom barrack and former federal chairman ben bernanke. Living through the crisis of 2008 and studying the Great Depression all of that coming up over the next three hours to the news that broke overnight. The white house and the senate announcing a deal. Well get to leaSteve Liesman f more on that and eamon with more. It was in the 1 00 a. M. Hour that it broke overnight. What we have here, joe, is a handshake deal we dont have a vote and we dont have the explicit text what we have is a deal here is how
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KQED KQED Newsroom July 13, 2024

Across 17 counties in henort even as the Company Works to restore power to the afthcted customers, are warning of a larger shut off starting on saturday night amid forecasts of strong wind. It they faced ism from the governorla, wmakers, and the California Public utilities co ission over their handli of the first round of Power Outages two weeks ago. Pg e ceo accepted lane, saying the utility was not adequately prrsared for the round of outages, as the website crashed repeatedly and the call nters were overloaded. Joining me now is the senior produc, and data journalist, lisa white commented disability rights advocate sharing the board for the centerfor independent living in berkeley. Lisa, tell me, what about the ul shutoffs that start saturday evening and over the weekend . Last night, pg e warned peop throughout the ....

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CNBC Squawk Box July 13, 2024

All starts about 8 30 a. M. Eastern time it is the busiest day of earnings season bringing you reports of 3m, hershey and more like comcast september durable goods orders and the latest read on home sales. Tesla shares soaring. Earning 1. 86 per share versus a loss of 1. 82 per share they have reported producing 300,000 vehicles the company saying it is ahead of schedule with its new giga factory in shanghai and on the long awaited model y cross over and expects that launch by next summer what ceo elon musk said on the Conference Call for demand of electric vehicles. When flat screens came out, it was a big step in demand because now getting a flat screen was much better than having a small crt screen tv weem see the same thing instead of just buying a car because their last car wore out, theyll buy and electric car because it is fundamentally a better car. Big numbers for investors to a large degree on prediction of when this mo ....

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