Pete, ill begin with you. We got to 464. Were right on the doorstep and pete, it seems no maertter you throw at apple, the stock continues to go higher i think it comes down to fundamental story. We talk about the fundamental story all the time but the reality is, they crushed it again in q2. When you look at the revenues and the earnings and the beats they made there, the double digit beats they made, its extraordinary. The other side is how about when they came out with the less expensive 399, the se model. That was another genius move then, its not just the services you look over at the wearables you combine those two and you not too far away just those two entities. You put thoeds together. They are close to 20 billion and the iphone brought in 26 billion. When you look at this from a fundamental perspective, youre looking at a company thats clicking on all cylinders and you still have 5g and the split. Theres different elements to this trade that tells me the stock can get up and
Futures at start of trading as businesses reopen this morning, dow industrials up 350 points, 1 and a half percent. S p is up 41 and the nasdaq higher by 114, this after the dow, nasdaq and s p 50 finished down in the week despite fridays days as you can see, dow industrials were down 2 , 2 and twothirds percent, the nasdaq down better than 1 , tensions between the United States and china continue to rise, lawmakers looking to offer big incentives to move supply chains from china to america. President trump versus president obama. President trump calling predecessor incompetent as president obama says they leaders pretend to be in charge. Sports is coming back, the roar of the engines returned this weekend as checker flags dropped on nasdaq, caused drivers to hit the brakes, mornings with maria is live right now. Maria Global Markets this morning look like this, major areas of the world are reopening for business leading to gains across the world, as you can see in europe theres a stro
If this goes on much, much longer then we could start to see actual starvation in america. Were doing far, much worse than any developed western nation. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight linu and sometimen find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice foroday, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for and by contributions to your pbs station from viewers like you. Thank you. Woodruff economic wreckage from the pandemic is on painful thdisplay again tonight, i late government data. Theres also new talk about how, and how much, to help state and lo
The president making an announcement or there is a press conference that is interesting or something. And you listen to bush and i think a lot of people thought well he is very well informed and well spoken and this is not what i was expecting because most people are busy with their lives. Is he funny. There was a. Kind out who your audience is. And things of that natch. However, it is the president speaking and therefore as he always told us, everybody is important. We were not to think of a small rose garden event for teacher of the year as not important. It was part of the full jol yum of statements that he made at president of the United States. He was always after us to never skip a step in making a case. Even if youre speaking to the people that an audience of people likely to be in agreement of what youre saying, he always has a broader audience. And if he is making his case for Social Security reform and he skips the hard part, a person who disagrees and maybe even a person who
Business economics, its two hours 15 minutes. Thank you everybody for joining us this morning over coffee. The opening session of the policy conference, i am the director of the center of the National Independent business. And i am delighted to introduce the vice chair of the white House Counsel of Economic Advisor. Preparing for the session i found that we have a foundational commonality and he is originally from sweden, im originally from minnesota, the land of american. He stopped a bit short of the minnesota border and currently on leave from the university of chicago where he is the professor of Public Policy studies at the University School of Public Policy. In the Freedman Institute program on research and healthcare markets and policies within the Health Economic initiative. Before rising at the university of chicago he served in several positions including his role as Senior Advisor to the head of food and Drug Administration and as a senior Economic Advisor to the head of the