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CNBC Closing Bell July 13, 2024

Louns lou announced he is stepping down from his ceo role. And scott minerd will tell us why he doesnt think investors should be buying just yet. We have josh here welcome back to you. Interesting dichotomy setting up in the market. The stayathome stocks versus the gooutside pelaton was just hit on power lunch and netflix, zoom, are all outperforming and the goout stocks, the restaurants, the ubers are all getting hit. Theres the pocket of green there. Yeah. Look at live nation they do concerts. Yeah. Theyre thinking people are not going to go out if and when coronavirus comes here in bigger numbers. So the thing with that is that the danger with that is buying into a narrative because the narrative could be popular for two days and then all of a sudden it goes out of favor and people are like what was i thinking why do i own this stock . Because i think people are going to sit home . However, i do own zoom and another name thats been ripping, teledoc this is virtual doctors visits im ....

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CNBC Squawk On The Street July 13, 2024

Halting max production plus, iff is merging with duponts biosciences and nutrition unit it is a deal that will create a new consumer giant valued at more than 45 billion. Iff ceo and duponts executive chairman will be joining us to discuss the deal in just a few minutes. And record rally, the iss p and nasdaq new highs lets start with boeing, moving lower in the premarket, the journal is among those reporting that the company is considering suspending or cutting production of the 737 max. In response to the story, boeing issued a statement to cnbc saying it would continue to assess production decisions based on the timing and conditions of a return to service for the max. And as we know, guys, faa last week through cold water on that return happening before year end. Right i think that this is something that some people say it is a foregone conclusion. And that the reason why you didnt see this before was that the way that accounting works, something i think a great cfo would understan ....

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CSPAN2 2019 Miami Book Fair July 13, 2024

Programs youll see today. You can check your Program Guide or visit our website booktv. Org who a full schedule. And joining harris is the author of this book information wars. We lost the global battle against this information and what we can do about it. Information about the u. S. To the world track is yes. In olden days during the cold war we used to say telling americas story to the world. And how did you do your job, its funny, took me a while to figure out the parameters of the job what are the things i came to the conclusion was the way we tell our story is will be to our store to ourselves with american media, newspapers, magazines, tv. Rather than produce content ourselves i used to do during the cold war i thought lets show people how they cover ourselves. That was one part of it. The other part was the more strictly Public Affairs things where people are standing i ....

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CNBC Squawk Alley July 14, 2024

Dow. Major averages are poised to end the week higher. Waiting on cloud flare ipo right now, indicated price between 17. 5 and 18. 5 dollars, thats where were going to start. Ipos we were choosing the nasdaq to list its ipo, and announcing sweeping governance changes. Swirling amidst several valuation drops, this after smiledirectclub posted the worst first day for unicorns so far this year. That stock is up 10 this morning. Also cloud flare, we mentioned it, coming today who will speak to you later this hour joining us now, casey newton of the verge and kevin delaney. Good morning to you both kevin, ill start with you we have to start with wework every day there are more headlines. Now governance changes i cant help but wonder that there are red flags around governance, why the changes are happening now, why didnt they happen before the first prospectus dropped. This is Silicon Valley, this is the epitome of the founder that want ....

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BLOOMBERG Bloomberg Technology July 14, 2024

Impact the broader crypto market. From trump, to owe walmart, to zuckerberg. No one is safe from doctored videos that are so good that you cant tell they are fake. One company says it can. First to our stop story. Big Tech Companies were back in washington monday, but not to discuss crypto currency or antitrust, trumps top advisor and treasury secretary called a meeting to talk about the impact of the trade war with china. One stood out. The administrations fight against that and whether the ban should stan. Representatives from microsoft, intel, qualcomm and more. To discuss in d. C. , we have jenny. What is the latest we know about this meeting . Who was there and what was discussed . What we know is that the meeting was called basically to hear a view from the business perspective of this whole debate. Do hear a lot about the fight from the hawks in the administration and on the hill who are in favor of a total decoupling of su ....

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