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welcome to "squawk box" on cnbc. i'm becky quick with joe kernen and andrew ross sorkin i'm in the house from the house>

exchange" on cnbc. let's take a look at stocks on the move shares of amc entertainment jumping on a wall street journal report that the movie theater owner is close a restructuring deal to avoid bankruptcy in the near term. amc's bottom line has been crushed as it had to shut more than 1,000 theaters worldwide. the u.s. locations are set to reopen on july 30th. those shares up 10% pre-market disney sticking to the plans to reopen the theme parks in orlando, florida, to a limited number of guests on saturday that's even as virus cases in florida have soared. it will help guests enjoy disney world, quote, unquote, responsibly. the shares up 1/4 of a percent levi strauss reporting a wider second quarter loss. the company warning businesses will be hit in the second half as well even as sales have improved at stores that have reopened levis plans to cut 700 non-retail jobs or about 15% of its corporate work force levi strauss ceo chip bergh will be in "squawk on the street" at 10 a.m. eastern time must watc

and a reminder, you can watch and listen to what's live on the cnbc app cnbc is back in just a moment. i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424. >>> welcome back markets are poised to open up lower. futures right here mostly in the red with the exception of the s&p. the dow looking like it's going to open up 140 points lower at this moment. joining me now is christina hooper at invesco. thank you for joining us >> great to be with you. >> after the june jobs report, we saw the s&p gain less than half a percent so if this next one comes in less positive, do you see more of a reaction from wall street >> i think the concern with the last jobs report was, yes, it was great. but it also suggested that congress might be less likely to provide more fiscal stimulus so the july jobs report if it's weak enough but not too weak could have something of a positive effect. unfortunately, though, given the way sentiment is going right now if we do get a weaker july report, i think it'

the ceo told cnbc, he thinks the virus is here to stay for a long time but that the group is confident to its targets >> we are recommitted in the new environment. i see most of us will have to live with the virus. we have to do it with the right precaution making sure we operate with safety. we are in business we just do it differently. we do it to adjust to new situations >> in the health care space, sanofi has raised guidance in cost cutting the french drug maker predicts the growth of 6% to 7% above previous estimates of 5% let's get out to charlotte with more it is rare to see a company confirm guidance let alone boost the guidance on the year what does the quarter look like to raise the target for the year >> that says we are down in the second quarter for sanofi on the comparable basis the net income was up 5.6% saying when they saw the best stake in regeneron in may, they receiv received $11.7 billion in the sale they got the good boost from a treatment. this gave them extra boost in the u.s. looking at other businesses, vaccine sales have been down due to confinement due to no

>> that's right, melissa cnbc announcing that former fox news anchor shepard smith will be joining cnbc to host a one-hour evening program monday through friday the newscast will be called the news with shepard smith will launch in the fall he will be cnbc's chief general news anchor and chief breaking news general anchor spent 23 years at fox news channel. now, smith left fox abruptly in october 2019 after standing out on the network for his criticism of president trump, who had repeatedly criticized smith. cnbc's chairman saying, quote, we're thrilled that shep will continue his pursuit of it's truth. smith saying i'm honors to continue to pursue the truth for those who have been following my reporting for decades in good times and in bad now, my boss is saying that smith's program will go beyond the financial markets to stories across the entire landscape of global news. shep will join us here on cnbc tomorrow on mosquito"squawk on e street" at 10:00 a.m. >> speaking personally, we have close mutual friends i'm thrilled he'll be joining us here certainly a well-respected journalist w

gina sanchez and cnbc contribut contributor. very good afternoon to you both. gina, i'll start with you. clearly markets are able to shrug off possibly very big declines in earnings and spikes in cases can you find a legitimate justification for that >> i think the market is really pinning this on hope, hope that by the time we get to the fall that we will have some kind of control over this in some form, whether it's effective convalescent therapy and/or a vaccine. i'm not sure that is necessarily possible i know that there are a lot of drugs being fast-tracked, but if you look historically, that seems to take a long time to develop, even given the amount of sources and development we're putting into this. the market are priced as though things will work out in the end and are not recognizing the fact that short-term stimulus is starting to wear off, ppp is now coming to its end. we're starting to see -- you know, i think that the fall in unemployment claims will be met with another rise later in the summer, and if we don't get this under control, even though

here's your cnbc news update at this hour. the supreme court has ruled that a large section of eastern oklahoma remains an american indian reservation the decision means oklahoma prosecutors lack the authority to bring criminal cases against native americans in parts of the state which includes most of tulsa. >>> the university of california is joining harvard and mit in suing the federal government over new rules which would revoke visas of foreign students if their schools conduct all lessons online >>> and the ivy league cancelled all fall sports. they were the first to cancel the basketball tournaments due to covid-19. >>> and in seattle, a final good-bye to the key arena sign that's atop the stadium for 25 years. amazon has secured the naming rights, so going forward it will now be known as climate pledge are > arup to date i'll see you in an hour. "squawk on the street" continues after a quick break. at the golden opportunity sales event. lease the 2020 nx 300 for $339 a month for 36 months. experience amazing at your le

eastern time here on cnbc on squawk box. s&p plans to spin off it's cloud software business. they'll continue to hold a majority stake after the ipo also reported a rise in second quarter results as revenue rebounded from software licensing, shares of sap up more than 2.5% and bitcoin jumped up for the first time in six weeks. it's up more than 10% in the past 7 days. analysts point to hopes for more stimulus and gold trading near all time highs as two factors for bitcoins recent rise back over to you >> all right on deck, they're picking up the pieces after a major hurricane makes landfall over the weekend but it was not as bad as some feared oil markets they're watching it and we're watching it as well. we're back with an update right after this. >> today's big number. $601.4 million that's the total sales of plant based meat alternatives including beyond meat and impossible foods in the past ye ye arat up 25% from the prior period >>> welcome back hurricane hannah making landfall in texas early sunday morning. it's a category one storm before weakening to a tropical storm

and china telling cnbc it is important both sides compromise. >> as for u.s./china potentially deteriorating situations we are talking two economies it will negatively impact global economy and rate of growth it is important to compromise to find a final ground and settle their differences. >> coming up on the show, the u.s. secretary of state arrives in the uk amid heightened tensions with china. the check on u.s. futures are poised to a positive start the dow indicating about 230-point jump if those levels hold we'll be right back. hey, kids! welcome to camp tonsafun on xfinity! it's summer camp, but in your living room. learn how to draw with a minions expert... how to build an indoor obstacle course! plus... whatever she's doing. and me, jade catta-preta. the host of e's the soup! camp tonsafun. it's like summer camp, but minus the poison ivy. unless you own poison ivy. in which case, why? just say "summer camp" into your xfinity voice remote to join. >>> welcome back to "street signs. china is reportedly eyeing retaliation on nokia and ericcson beijing co

even time right here on cnbc back in just a moment. maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com be sure to catch it tonight. be sure to catch it tonight. >>> welcome back to "squawk. we are getting some new details now on last hour's ecb rate decision want to get back to steve liesman who's got some more for us steve? >> reporter: christian lagarde toeing the line, andrew, saying ample monetary stimulus remains necessary. i think that's the key thing the market wanted to hear. this is the first time in a while that we've had no new stimulus from the ecb as it maintains pretty generous terms on a lot of programs that are out there and obviously very low rates. it hasn't cut rates into this particular downturn. they do see a partial recovery lagarde said she sees a par

waves of coronavirus challenges saying it isn't possible to predict future impairments speaking to cnbc, giving his take on future charges >> caller: on all banks, the local impairments they take going forward is going to be hugely dependent on how things settle down. action on multiple fronts in this country is very, very important to that. it is not the only factor but it is important on that trust as well the statement that we have got in anticipation of the impairment should be lower in the second half as we have it today doesn't get worse. >> bbva has seen net profit half and set aside $644 million euros to cover potential loan causes mostly caused by the pandemic. that was hurt by the slow down in retail banking as customers hunkered down in their homes sharply to the tune of about 6%. the bank which booked even larger provisions is now well-prepared going forward especially staying on a recovery path >> we don't have a second round. we are confident the front-loading has been done. we are confident that it would be between 150-180 basis points. exactly what we said when we presen

>>> it is 5:00 at cnbc here is your top "five@5." rolls on with new all-time highs. we have a stat that will blow your mind. will stocks get fuel from the june jobs number well break down what america can expect states taking new action over the coronavirus with a continued surge in some parts of the country as the president suggests the outbreak could simply just disappear. >> and congress takes new action around hong kong and protests there. >> summer sold out a search in demand for outdoor enjoyment is leaving you in a search it is thursday, july 2, 2020 here on cnbc >>> good morning welcome from wherever in the world you may be atching thank you for joining us here on "worldwide exchange. let's get to how your markets are setting up the day it could be. we say that. remember the markets are closed tomorrow ahead of the 4th of july holiday you get a 3rd of july holiday. there could be a lot of action packed earlier in the day before volume tapers off. look at stock futures now up 187 points the nasdaq hitting new highs on wednesday. eight stocks hitting multi-year

this according to a document seen by cnbc from the attorney general of texas in march. not sure what the practices are. apple taking a hit you can see shares more than 4.5% now tyler, back to you >>> thank you very much. still ahead, the dow taking a midday dive, as you can see there. apple contributing in part over the stimulus package coming out of washington. we will have more right after this quick break ♪ come on in, we're open. ♪ all we do is hand you the bag. simple. done. we adapt and we change. you know, you just figure it out. we've just been finding a way to keep on pushing. ♪ >>> welcome back florida's agriculture economy getting hit first by an outbreak and now restaurant reopenings rolled back. that could sink demand again we have a look at how that is impacting florida's economy. >> it's been a tough time for the state, kelly the pandemic hit the florida economy with a double whammy the top two industries are tourism and agriculture. both have been deeply affected it's $137 billion ag industry suffered $522 million in covid-19 related losses. that i

so thank you. ♪ >>> welcome back to "squawk box" on cnbc. we're second away from june import prices, dow up about 500 points rick santelli standing by at the cme in chicago rick, the numbers, please? >> reporter: yes our june read on import prices expected up 1% is up 1.4% that's month over month.if you up .3 of 1% which versus expectation is a couple of tenths better than expected. the you look at year-over-year import prices we expect down 3.7. give economists tip of the hat it's down 3.1% let's switch lanes month over month import prices up 1.4 year-over-year down 4.4. this reminds me of the cpi and ppi data when you take that year-over-year perspective there's more deflationary to what's going on near term not as much and really it's a comp story as much as anything else empire for the move july up 17.2 up 17.2. we were expecting 10 that's really a good number. that's the best number going all the way back to, boy we have to go back a ways november november of 2018 remember two months ago we were. at minus 78.2. worst number going back t

you're watching cnbc >>> good morning i'm franc holla -- frank holland. stock futures are hovering arnt flat after a late-day rally yesterday as investors brushed off continued increases in covid-19 cases around the u.s. the nasdaq leading the charge rising nearly 1.5% to close. it's the 25th record close for the index this year. >>> take a quick look at the bond market, the 10-year yield trading around .65%. we'll go worldwide now karen cho is in the london news room with the overseas action. we'll get to karen in just a minute we'll get worldwide in just a minute first, let's get a check on this morning's top stories. of course, a lot going on with the economy. covid-19 openings and reclosings we'll continue to keep a close eye. right now our leslie picker is here to join us with more. >> good morning. walt disney world will resume selling theme park tickets and taking hotel reservations today. the company announced the move yesterday after suspending the sales amid the coronavirus outbreak disney will open the magic kingdom and animal kingdoms this wee

and taking on tesla with an all-electric suv this is "worldwide exchange" here on cnbc a very good morning. good afternoon and good evening welcome to wherever in the world you may be watching. it is a good wednesday we have some very good news on the health front that has futures higher and should bring a little smile to everybody today. moderna shares are up about 30% in the pre-market. the company saying the vaccine is producing a robust immune response in early staged human trial with no adverse affects. look at the stock. it is early. it is a long way to go this is good news whether you own stocks or not. speaking of stocks, shares of reopened stocks are also surging on this news, royal caribbean, carnival and united are all sharply higher a vaccine a ways off and will take a long time to distribute changes the game for everybody, it is the news, maybe the only news the light at the end of the tunnel is getting a little closer >> the green carries over to europe on the vaccine hopes. growing riffs between united states and china over the hong kong news as well. that is where we begin

now, democrats have been on the attack for that smaller amount which a treasury official confirms to cnbc senator ron widen suggests that that alone will cost 3.4 million jobs and tweeting that if republicans believe $200 is enough, they should try living on that amount so which a spokesman for senator chuck grassley, the republican chair of the senate finance committee tweeted this in response, calling that statement misleading because the amount is on top of state benefits and pointing out that democrats in the last crisis expanded unemployment benefits by just $25 a week so certainly there is going to be a lot of mud slinging as the republicans, after having agreed amongst themselves, try to fashion this into a bipartisan agreement. their package is going to be roughly $1 trillion. democrats are eyeing $3 trillion, so there is a lot of ground to make up here, kelly. we'll see what senate majority leader mitch mcconnell unveils when he is expected to speak on the floor at 4:30 this afternoon. kelly? >> as this becomes more clear, what do you think timing looks like for a final agreement

squawk box begins right now. >> good morning, everybody welcome to squawk box on cnbc. i'm becky quick with joe kernan and andrew ross sorkin nasdaq was down last week. but that was the first time-out of the last three that it's been down and if you want to take a look at the treasury or equity markets stands this morning they are indicated off by 65 points that's actually better than we

>>> it is 5:00 on cnbc from cares to heals. senate republicans unveil the latest relieve package but at $1 trillion, is it too small? >> signs of a slowdown in hard hit states like california and texas. hours after moderna kicked off the final trials announcing the start of its own stage three trials >> call it the wild, wild west the state of the fitness industry and the government isn't even picking up the phone. >> already strike two for baseball the season just hours hold this is tuesday, july 28 on cnbc >> good morning, good afternoon, good evening i'm brian sullivan good tuesday morning will today be a follow through like everything did on monday. it is early. dow futures are up about 33 points stocks and gold rising gold adding 2% highlighting up another 8% yesterday. that is a new record high for gold 1,931 an ounce check the etfs that track these moves. maybe you don't want to load up a wheelbarrow with this. the gdx gold minor also at january 2013 highs as well not to be left out because everybody is a day trader now,

that's awesome and i love watching cnbc. i watch it all day long on youtube tv i have it playing on my google home hub foot for me the reality is paying $100 a month for most people -- you know, look, you can get peacock you can watch bits and pieces of your content on peacock now at no cost for consumers. sports has been the one thing keeping the bundle together, but when you think about the overall subscribers, there used to be a multi-channel bundle ten years ago we peaked. that number is going to be in the low 70s by the time you end 2020 so we've had a pretty dramatic step down. the pace of cord cutting is unlike we've seen. andrew, to answer your question, sports is going to keep that number from going to zero. it will go to 100. it will go to 40 to 50 million there are probably 40 to 50 million homes in america that can't live without baseball, football, all of those sports they can't live without them they'll pay whatever it costs. the challenge for every media company, i don't care whether you're disney, comcast, nb

. >>> good morning everybody welcome to "squawk box" on cnbc. i'm becky quick along with andr andrew ross sorkin you saw the dow pushing back above 26,000 after falling below that the day before. nasdaq up by almost 1.5% apple and microsoft leading things as they have been doing so often lately. this morning we take a look at the u.s. equity futures. you'll see the dow futures are indicated down by about 340i7b9s the nasdaq is indicated up by 50 points and the s&p is relatively flat we've been watching what is happening in the treasury market and we take a look now, we'll see the 10-year yield, at this point, seems to be sitting at 0.655% andrew, over to you. >>> just out in the last half hour, the biden campaign releasing a new jobs plan. kayla joins us with more it's $700 billion, kayla >> yes it is stemming from a 110-page policy document that is essentially emerging of the left and moderate ring priorities inside the democratic party. it was produced. i the campaign said it will create millions of good-paying jobs and reinforces some policy

i'm sara eisen with wilfred frost, mike santoli, cnbc commentator. where we finished with stocks right now. a mixed picture in what has been a seesaw session for major averages of the first day of the third quarter. as you see there dow finished down fractionally .3%, 77 point lower. s&p held onto gains finishing half a percent, 3115 and nasdaq outperformer of almost 1% in this trading session as wilf just mentioned hitting a record closing high, a fresh record closing high today. the russell 2000 underperforming down half a percent, transports which started the day as strongest of averages also finishing in the web trade web meantime has been one of wall street's hottest ipos since it went public last year coming up we will ask company ceo whether soaring electronic trading volumes will continue once the coronavirus crisis ends right now joining us to talk about this market day wealth management ceo with us global investors mona is here with us as well. thanks for being with us mike santoli, i'll start with you. i know you just mentioned an air pock

antonio de nuestra cadena hermana cnbc nos tiene mÁs del mundo financiero. >>> hola amigos, soy jose y este es el informe cnbc para telemundo, la productora de alimentos en pantalla busca acelerar la producciÓn de mano de obra a tecnologÍa automatizada luego de que muchos de sus empleados empezaran con coronavirus en 19 estados, el director ejecutivo dijo que piensa en robots para su factorÍa desde hace muchos aÑos pero el proceso serÁ acelerado para garantizar la seguridad de la industria, americunited a ai ha estado mitigando el impacto econÓmico que ha causado la abaa demanda de vuelos durante la pandemia, la aerolÍnea enviÓ una ubicaciÓn a sus empleados anunciando posibles despidos involuntarias por falta de presupuesto, este es el informe cnbc para telemundo >>> el presidente donald trump llegÓ a florida, uno de los estados donde se ha reportado un aumento de casos de covid-19, harold santana nos trae las reacciones de migrantes latinos tapados de escombros. >>> se reunieron de aqaquÍ par e esperar en este momento el paso de la caravana del presidente donald trump por

cnbc is told it's fueled the surge. deutsch bank ceo tells cnbc the bank should have never taken jeffrey epstein on as a client as it agrees to pay a $115 million fine. >>> confirmed drove cases in america have crossed the 3 million mark while the death toll has made the biggest one day jump since early last month. let's look at the markets as they double down on the concerns around the coronavirus and of course the economic impact the european markets had a contraction. decent forecasts for investors to rake through just highlighting some of the fears that many have had in the spike of fresh cases we are seeing in terms of the market action, we are picking up on the wall street trade and to european markets that reversed. you can see another modest decline. 1/3 of a percent coming off the benchmark. the sectors and the boards the ftse trade is down by .2 of a percent. it is a minimal decline. we're hearing further reports around consumption, any further scheme to try to support market businesses that has meant we are j

the ceo that just passed warren buffet this is worldwide exchange right here on cnbc >>> well, good morning, good afternoon and good evening from where ever in the world you may be watching. happy monday it's good to be back with you after a couple of days off and with all due respect to the bengals it may be another manic market monday. futures up higher 125 points now speaking of earnings, investors don't seem to care major averages they have been on a tear the nasdaq 100 is up nearly 7% in just 7 trading days this month. with ten stocks in that index up more than 10% in july alone that's lead by the remarkable 43% jump this month. you have bank of america, johnson & johnson, and all set to open up their books this week now to date more than 180 companies in the s&p 500 have completely pulled the earnings guidance in the wake of the covid-19 induced crisis. wall street now staring at the widest dispersion in earnings estimates among analysts it's all the way back to 2007. with earnings projecting to have fallen 45% in the second quarter from a year earlier. energy, consumer discretionary

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scott gottleib he is a former fda commissioner and cnbc contributor dr. gottleib, another day and so many more questions for you all over again why don't we start with this question of the schools. obviously parents would like to see their kids go back to school but they would also like to make sure that their kids are safe in that scenario. what would you be thinking as a governor knowing the president wants you to reopen these schools. i would imagine the governors would like to reopen them but every governor is dealing with a different situation in terms of what the caseload is in his state. >> thanks, becky we've long talked about the importance of getting the schools open in the fall, not only because of the social and educational benefits for children but you're not going to be able to restart the economy until you're able to open the schools more fully i think the way to achieve that is get resources into schools to better protect the teachers in particular and also the children proper ppe, protective equipment for teachers testing in schools diffe

he's now headed to cnbc. he left fox news last fall in the middle of a three-year contract but he'll be back on tv hosting cnbc's 4:00 p.m. show, "the news with shepard smith" starting in the fall. >> joy reid will become one of the first black women to anchor a nightly news show. she will host a new show on msnbc. she has hosted msnbc weekend talk show a.m. joy since 2016 and take over the spot when chris matthews resigned from "hardball." no black women currently host a nightly evening show on a major network. msnbc and cnbc are both owned by comcast, which is the owner of nbc bay area. congrats, again, to joy reid. >> we want to go to meteorologist kari hall who is tracking a forecast that is warming up. >> we are having some trouble with kari's audio. she's sounding like alvin and the chipmunks. >>> a woman that stuck up for an asian family that was insulted is now rewarded. the huge amount of money raised for the server. >>> organizers of tokyo and paralympics have secured venues for the duration of the

xfinity mobile. >>> welcome back i'm sue herera here's your cnbc news update dr. anthony fauci says the u.s. needs to hit the reset button on its fight against the coronavirus. he says what's needed is to get all states on the same page, also saying efforts by some presidential aides to discredit him do not seem, quote, prudent be and reflect negatively on the white house. he says his input to the president is now indirect and goes through the vice president. >>> tesla's ceo elon musk was not at risk of catching the coronavirus when he met oklahoma's governor on july 3rd, according to the governor's office he is the first governor to test positive for covid-19. >>> san francisco students will probably not start the school year in the classroom. the school board recommends starting the year with distance learning the superintendent says in-person classrooms could start in october but on a limited basis. >>> you are up to date that's the news update ty, back to you. >>> you let's take a look at the markets right now. the dow higher but not as high as it was earlier.

call me 1-800-737-cnbc or tweet me there are two kinds of covid winners. the predictable ones

. >>> here is your cnbc update a new development in till kfg o judge's son in new jersey. investigators are looking for connection between that shooting and a man found dead from an apparent self-inflicted gunshot wound. the man was lawyer who had a case before judge ester. >>> in florida, teachers unions are suing governor rob desantis over his plan to fully reopen next month one union president called the reopening reckless and uninstitutional. this apyres pears to be the fir suit of its kind >>> in california, the start of high school sports is being delayed until december or maybejanuary because of the pandemic the announcement was made two weeks before the high school football practice season was set to begin that's our cnbc news update for this hour. back over to you >> we still don't know what will happen in new jersey where my son is eager to start playing football but they don't know yet. thank you. it's another green day dow industrial is up 25. s&p is up 21 the nasdaq up 2% higher as technology, big cap technology roars back after taking a bit of a breather last

you are watching worldwide exchange right here on cnbc. welcome back to the show i'm in for brian sullivan today. these gains hold into the opening bell the s&p by about 42. and now that positivity is also translating into treasuries as well people are selling the safety of u.s. government bonds pushing yields higher. the benchmark 10 year note yield around 69 basis points or .69% the 2 year note yield arou around .16%. as for the global markets, europe, again following asia's lead seeing plenty of green across the board as you can see there. shares in mainland china are surging with the shanghai composite soaring 6% you can see the european trade following suit as well leslie is back with some of those. let's start with facebook this morning. this social media giant grapples amid calls for the company to do more so crack down on hate speech targets higher starting minimum wage is now officially in effect as of saturday the company will pay workers at least $15 per hour the retailer first announced plans in september 2017 to raise it's min

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welcome to "squawk box" on cnbc. i'm becky quick with joe kernen and andrew ross sorkin i'm in the house from the house. >> where does someone on vacation go when they can't leave the house? >> nowhere just sleeping in and hanging out with the family. >> you look over, 3:50, those losers are up. is this me >> this is me. >> good. i finally rattled you. difficult to you >> i rattled you watch the silliness. we are hearing a lot of things >> sharing you were twerking, i figured i better get back quickly. >> nobody wants to see that. you can't unsee that >> u.s. equity futures at this hour, let's tell you quickly things are down for the markets. the biggest decliner is the nasdaq no surprise because of the hearings happening today for the big four the nasdaq off 1.257%. the s&p indicated up by 9.5. there is so much happening today. we'll hear from boeing general motors general electric and others before the bell. we are keeping a look at what's happening from the treasury yield this morning the fed conference the 10-yea

>>> it is 5k at cnbc here is your top five at 5 finding a reason to buy now turn their attention to the busiest day of earnings season maybe because of the fed holding steady on the promise to keep rates low and concerns about the strength of the american economy big tech to open its books one day after the historic hearing on capitol hill. tough questions they faced >> republicans push back on a short-term virus aid fix both sides face more uncertainty. >> shares of qualcomm as it does a deal with china's huawei thursday, july 30. this is "worldwide exchange" here on cnbc >> good thursday morning i'm brian sullivan the busiest day of your earnings season the busiest day of the nasdaq even with those big tech ceos being raked over the coals again, it is early we are in the red right now. while also staying hot has been the yellow metal gold is up close adding the 2,000 mark we are down to 1,945 per ounce indicating the recovery will be at risk. not only keeping rates low but will likely do whatever p it takes to make sure the american economy is propped up as much as possible that could

stick with cramer and with cnbc. here's a look at what's on tonight. >> tonight at 7:00 p.m., meet one of the texas bar owners suing the state over having to shut down again. plus, the website, holding south florida businesses accountable for violating health rules and the masks that are most effective and least effective. see the amazing video. all tonight at 7:00 p.m. ♪ ♪ now is the time to support the places you love. spend 10 dollars or more at a participating small business and get 5 dollars back, up to 10 times with american express. enroll now at shopsmall.com. >>> it is time time for the lightning round [ indiscernible [ buzzer ] and then the lightning round is over are you ready, skedaddy. let's start with tom in new york tom. >> caller: boo-yah, jim. how are you. >> that's a halloween boo-yah in july what's going on? >> caller: yes with the recent volatility of voom stock >> they are riding a sweet spot of being able to buy without having to go when i see it, used cars are on fire i absolutely just love

cnbc's john ford is taking a look at what they're doing about it. >> social media companies have new mindsets and new defenses. this time around, facebook isn't waiting for users to report abuse. algorithms sniff it out. the company says multiple independent studies show we've cut the engagement with fake news by more than half. the social media powerhouses are trying to avoid an ugly replay of four years ago when they caught heat from both sides of the aisle for leaving their users vulnerable to illegal manipulation. >> we've also learned about how vulnerable social media is to corruption and misuse. the very worst examples of this are absolutely chilling and a threat to our democracy. >> reporter: a report out of the republican-led senate intelligence committee late last year determined that russian agents sought to influence the 2016 u.s. presidential election by harming hillary clinton's chances of success and supporting donald trump. the attackers pretended to be americans while igniting facebook, twitter, and other platforms with inflammatory rhetoric about divisive issues in u

. >>> good morning welcome to "squawk box" on cnbc. i'm becky quick along with joe kernen andrew is off today. futures are off a little bit looks like they are down a little bit there you go waiting for this joe, it is friday, i'm in love >> it is somebody's birthday tomorrow too >> trying to get to you early. 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. it's friday. >> everybody deserves to be embarrassed. we'll do it anyway this is the last day you'll be 19 >> 23. exactly. anyway, let's check out the futures this morning as joe mentioned, you'll 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

the answer when cnbc "squawk box" continues aflac. these are all the cab rides to my physical therapy. and aflac paid me directly to help. aflac. what he said. and this unexpected bill is from... the two-thousand-dollar specialist. thanks. aflac. when you're sick or injured, aflac is there. we can help with expenses health insurance doesn't cover. get to know us at aflac.com >>> and now the answer to today's aflac trivia question. on this day, this american aviator returned to new york after flying solo around the world. who is he? the answer, wiley post he was the first to accomplish the feat and did it in seven days, 18 hours and 49 minutes. >>> we got some news in from pfizer pfizer and the government strike and agreement for phaser to produce millions of doses of its covid-19 vaccine pfizer would deliver 100 million duces. the stock moving on that news. hhs secretary alex azar will be our guest and join us in the next hour to talk all about it, the arrangement. an important conversation. "squawk" returns after this. where are you?

it will be really interesting. >> it will be on cnbc. >> what's that >> it will be on cnbc. well then maybe there is a way to charge extra for that i think it will be super interesting to watch the different dynamics i think the one risk this he environment has is for possible kind of politicalization of some of the topics. and so we'll have to see if that kind of enters the picture i do think what is really important is as you look at the digital economy which we've within in for a couple of decades, but the size, scale, the power of these platforms are obviously larger than ever before what we probably ever could have imagined. i think there is an important discussion to be had around what do does it mean to have consumer choice to make sure you have fair, a fair landscape for a new company to be able to compete in kne these markets. this is important conversations for the u.s. as well as i think the global kbhe to be yael i discussing around what does regulation of tech look like if you look at markets like health care, life sciences, banking, telecommunications, we've se

sir martin joins us in cnbc interview. sir martin, good to see you. good evening in england. >> beginning, wilfred. good to be with you and sara. >> we just said briefly the share price has been on a tear, not what you would expect for something so linked to the economy as most advertisers have been how do you manage to achieve that >> well, we manage to achieve it there's 2,600 people at s4 in 30 countries. started 21 months ago from ground zero, from a sheet of paper. we've built it off three things, first party data, will, content and we have four key principles. purely digital because that's where the growth is. that holy trinity of beta and content programprogrammatic. tag line, go to market, faster, understanding ecosystem, six big platforms, hardware and softer and cheaper, not ignoring innovation and branding but certainly efficiency then lastly, and most importantly, going back to your comment about conglomerates and ad holding companies a p&l structure. we made considerable progress. as you say we did an equity raise of market cap is about 1

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>>> it is 5:00 at cnbc here is your "temperature five @5" on a friday working to recover >> zuckerberg making a rare rebuke of the trump administration slamming the handling of the virus outbreak >> and not giving the boom netflix hoped for. >> housing back to prepandemic rise talking to a top builder. we layout top moves by executives buying up their own company's stock. data you are only going to see here on "worldwide exchange. it is friday, july 17. you are watching cnbc. >> good friday morning, afternoon or evening and welcome to wherever you may be watching. we have a lot to do. here is how your markets look. slightly in the red but they could turn around. a very good week for your money, especially the small cap stocks. russell 2000 are up 3% alone we'll see what happens today it is very early one of the big stories today is netflix with a mixed picture there. stocks down 6.5% the guidance worrying investors. netflix says growth is slowing as viewers get through the initial shock of covid and also announcing that co-ceo officer is being promoted. likely the main stock we'll talk

good morning joining us first on cnbc is hugh johnson, a member of the cnbc global cfo council welcome, hugh. good morning nice to see you. >> good morning, sara, nice to see you all as well. >> reporter: clearly food was strong during the pandemic beverages not so much. i think the results overall came in much better just tell us what happened, what consumers did during the last three months >> yeah, happy to. it was really a very interesting quarter. we started off very strongly as a result of a lot of the pandemic buying that you saw early in the quarter then moved from that to sort of softness as we went into lockdown towards the end of the quarter we saw a notable recovery. the snacks and foods business very much benefitting from people staying and eating at home beverage business doing less well as mobility increased towards the end of the quarter you saw the beverage business start to come on more strongly and snacks sustaining well we feel like we're a perfect hedge in terms of we benefitted from lockdown, we benefit from people becoming more mobile again. we're really in a swe

you'll hear it here on "worldwide exchange" on cnbc >> good morning, good afternoon, good evening from wherever in the world you may be watching. from here in the states, i'm brian sullivan kicking off with the big blue. no real rbi today. let's call this the rbi. ibm is up some 5 in the pre-market if the gains hold there on ibm and they may not if they do, that could ad 45 points to the dow at the open. ibm your rbi it is very rare that ibm rises after earnings according to our own earnings guru, this is the 23rd eps beat. up bigly we'll call it ibm, your rbi and you are making investors today a little bit of dough. >> 70% of the time in the past five years, your stock appears to be down after earnings. this is the eighth straight quarter where sales are flat down on the year to those highe futures, the nasdaq showing gains right now. with the move yesterday, the s&p 500 is nos now positive on the year seemingly impossible to believe but up more than 1% when you include dividend payments. let's be clear, it is not about the s&p, it is about technology. the nasdaq overall surging 2.5%.

this is "worldwide exchange" on cnbc welcome back good thursday morning. here is how your money and the markets look futures are down about 213 points after the dow capped off a fourth straight day of gains on wednesday. the index not only doing that but crossed 27,000 for the first time since june 10 the market has been on a march in technology. no win streak or new one yet for the nasdaq after bouncing around, the nasdaq back within striking distance of a new ll-time closing high if you are keeping score at home 10,617 is your new record closing high we are at 10,550 so 10,617. we are going to continue to watch shares of moderna again. they did close off their session highs yesterday. this was the market story. not only with them but oxford and as ra zenetrazeneca in the . we'll do the rbi a little early. for good reason, we want our guest to comment this is for all of you stock market bulls out there this could be the big reason stocks might keep going up it comes via piper sandler two years ago, there was about $2.25 trillion in money market or cash fu

at cnbc and here are your top stories. stocks kick off the week on a strong note and the nasdaq continues to hit another record high and big technology is taking on the new security law in hong kong we are live overseas with the latest as companies push back against china's crack towdown te >>> and facebook is set to sit down with civil rights groups behind the ad boycott of the social media company to address their complaints it is tuesday, july 7th, and you are watching "worldwide exchange" right here on cnbc good morning, i'm dominic chu. your stock of the morning, a name you probably all know and even use, amazon.com climbing to a new record high of above $3,000 per share you can see here in the early trade, $3046 is the last trade for amazon we're off about one third of 1% in the pre-market. that is just one stock that you need to watch today. but in a bit we'll go over more. but we start with how you and your money and the global markets are setting their day up stock futures indicating with a should be a lower open

you just talked about on cnbc, you're going to get that jobs report for the month of june. but in a lot of ways, that number, yasmin, is dated. it's from the middle of the month. and what the private data's telling the white house on the back side is that the economy is plateauing. that has huge implications when you talk about the size of the economic stimulus. there's obviously going to be a phase four package. what's neat about this moment -- and we don't want to call this moment neat in any other way -- but economists have a lot of new tools to try to measure just how deep the recession is, how deep the trough is. in a lot of ways, they've been flying blind. this gives them a few more tools. that said, there's always a difference between what the economists say you should do and what's politically feasible. and i suspect this july and august you're going to have a big debate about the size of the stimulus package. democrats want to go to $3 trillion. mitch mcconnell said he only wants to keep it under $1 trillion. the number will probably lie somewhere in between there,