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Transcripts For KNTV Today In The Bay 20240712

And a good morning to you on this wednesday for you. Im marcus washington. And im laura garcia. Usually you have a name for it. Wind down wednesday. But thats after 5 00, of course, 5 00 p. M. There you go. Right now its not even 5 00 a. M. 4 31 right now. Well check in with mike in just a bit. First kari with a look at the forecast. Good morning. Were hoping that these winds will wind down for today. Now weve had a lot of these red flag warnings and a lot of concerns here as we go into the next couple of days we are going to see the last day of some high heat as we will have two red flag warnings in effect as our temperatures today will reach into the upper 80s. Well talk more about this coming up in a few minutes. Mike, how is it looking for the Early Morning commute . Overall the big picture looks like you would expect, lots of green sensors, even mostly out of the Altamont Pass. Look at the big map and find your drive. What were talking about is a crash im tracking. A spinout happe

Transcripts For CNBC Squawk On The Street 20240712

Services committee and how the markets may react. Then we will talk a bit about this try yant stake in our Parent Company comcast, what is the behind the thinking at triant and what if anything may owe dur as a result. Teslas battery day, where that stock is trying to recover this morning after yet another tweet from elon musk which is part of the discussion today, jim. Whether or not hes setting expectations in a different way saying that some of this high volume production is a phenomenon still a couple years away. Hes giving us an underpromise, overdeliver, i think, which is highly unlike him, but it could make more a little more pizzazz. Theres been so much talk about battery day, maybe he lowers expectations an blow them out. People come out and want to buy tesla, want to buy amazon, positive notes about apple, positive note about facebook its just become the pattern youre waiting and waiting for when the selling is over and then, david, they cannot resist. Theyre down 15 and 17 p

Transcripts For CNBC Squawk On The Street 20240712

Hackett was brought in, he was a board member, previously he had done a great job at steel case the Office Furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for Autonomous Vehicles, for electric vehicles. That hasnt happened ford has been mired in really not being making the move that its needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. Transform this company, get ready for a future with electric vehicles, Autonomous Vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. If you go back over the last, what, 20 years, 19 years, only one ceo at ford, alan malaly posted a positive gain in ford shares there you see hacketts performance since may of 2017, down 38 , similar to fi

Transcripts For FBC Varney Company 20240712

Throughout the show. Take a look at tesla up 6 premarket, its going to bust through another alltime high at the open, look at that up to 1277, also a story about red sucking shorts, thats what you call a tease, we will explain, also President Trump tweeting about the markets moments ago saying if you want your 401k and stocks which are getting close to an alltime high, nasdaq already there to disappear, vote for the radical left, donothing democrats and corrupt joe biden, massive tax hikes will make you very poor fast. That is the president tweeting this morning. Speaking of the election, we are for mental weight and joe biden says hes going to transform nation. What does he mean by that, youll guess pretty good as good as ours, he gave no details. Also President Trump will be holding a rally once again this time in New Hampshire this coming saturday and this time it is outdoors, the Trump Campaign is coming up on that shortly and as always a big three hours ahead im Ashley Webster Int

Transcripts For CNBC Squawk On The Street 20240713

And probably a vote we expect somewhere between 6 30 and 7 30. It is important that everybody remember that it is im not saying it is a side show there will be people who are going to be talking about and i heard some of them today saying, listen, there could be a surprise in the senate, might be some defections. I dont see it that way. I look at i only have history not a lot of history with these things, but day by day of when clinton was impeached in trial and anniversary of which is tomorrow. Yes, it is. And you got that period from january 7th, 1999, february 12th, really the most turmoil and thats where you at the height of when things were bad, the nasdaq lost. 18 s p down 3. 0 dow down 2. 6 and after that the market roared. If you want to know when to buy, might want it buy into the teeth of tomorrow, maybe even next day. Because it is just a great opportunity. It doesnt feel as though when it comes to the markets that there has been any real impact from this no. None whatsoever

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