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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

That is the shoes, right . The shoe extension . Francine i dont know if you can hear it, but it is a neighbors. It wont last very long. Hammeringtle bit of there. We welcome all of you here, to the realities of the pandemic. The pandemic is front and center, but there is a lot of other news. I would note pacific rim currencies continue strong. Francine they certainly do, and there is quite a lot going on also in pound talks, so lets not forget brexit and the u. K. E. U. Relationship. Les get to first word news with ritika gupta. Ritika the Trump Campaign is abandoning demands that almost 700,000 is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning demands that almost 700,000 mailin ballots be thrown out because observers were kept too far away from the count. The challenge is now against a far smaller number of ballots, almost certainly just a fraction of bidens lead in the state. Joe biden is Meeting National security experts, but his

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240711

Participating in the trial. We want to break it down more. What do we know . What are the questions . Reporter pfizer is telling us they have a vaccine that appears to be more than 90 effective. They studied this immunization in 43,000 people, and within about a week after the second dose, they found that more than 90 of people who got the vaccine were protected against the actual coronavirus. Know that it didnt take very long. We dont know the actual numbers of how we people were infected, but if we are looking at more than a 90 effectiveness rate, which was much higher than anyone expected, we are getting suggestions that this vaccine is quickly protective for many people. We still dont have news on how long it is going to last. We dont know whether or not there will be any safety signals. After that, they might be filing for emergency use authorization. Jonathan what kind of vaccine is this alix what kind of vaccine is this . Vaccine. It is an mrna theres nothing like this that exis

Transcripts For CNBC Squawk Box 20240712

That you were giving bad dad jokes in honor of fathers day i hope that you had a very good fathers day. I hope that mat did as well all the invites. We were waiting we had the drinks ready, the smores ready, the whole operation. Did i mess up your address or something . There was nothing at that location it was like. Its hard to find on google the google maps they send you a little bit of an awkward direction. Its the wrong address. Like the phone numbers that i used to try to get. Exactly must have written the number down wrong lets start with markets this morning. The major averages are coming off their fourth week of gains the last five weeks. This is something that we have been watching closely. If you have been watching the markets the dow is more than 10 from the all time high the nasdaq as joe mentioned was closed up for six sessions in a row on friday and the nasdaq at this point is less than 2 from its all time highs we are been watching these very closely. Theyre the only ind

Transcripts For BLOOMBERG Whatd You Miss 20240713

Drawing some questions about that data and how reliable it can be. To the upside, spotify closing up about 8. 4 . That company signing an exclusive deal with joe rogan, one of the more popular podcasters, a deal that could be worth more than 100 million this year. Scarlet pretty incredible deal for mr. Rogan. This incredible reversal we saw in late trading, almost three stocks down for everyone that is higher on the new york stock exchange. Of the 11 industries on the s p 500, all 11 are down. On the dow, only three gainers. The market turned pretty quickly from what was looking like an extension of yesterdays rally. Reportinggoing to be this week. Walmart and home depot, for the most part, showed they are getting a little bit of a boost from their status as a businesses. It is interesting to see how the shift in consumer buying patterns have been reflect in the sales. Also point should out, outside of equities, we did see Wti Crude Oil moving higher. Mind, when we went from that may t

Transcripts For CNBC Squawk Alley 20240713

News but the point that different regions of the country have different quote unquote curves, the virus does not hit at the same time at the same rate to you hear about different states in the country and when theyre going to hit their apex, when theyre going to hit their top and when theyre going to come down, its different all across the country. Its also different across the state. Weve been talking about states like theyre uniform, homogenous entities some are more homogenous than others when i was in the federal government i worked in every state, so you have a whole different variety of states. This state, we have very different regions within new york when you say new york, people think new york city. Yeah one of the densest places on the globe. You also have upstate new york where in some counties you have more cows than people. People dont think of new york that way as you see variety across the country, we have variety across the state of new york and you have to watch each o

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