Million, representing more than a quarter of all cases globally. I want to bring in our Bloomberg Markets reporter, who has been on top of all of this action. What did you notice today, with more record highs it is the usual suspects that continue to lead the way. A story of tech outperformance again. Boarde higher across the when it comes to major averages, but the outperformance came from the nasdaq. A record high. It was up by more than 1. 5 . I want to highlight that even though tech stocks and stocks wasdly were higher, so gold. It has been the highest since 2011. 1800 an ounce. That creates safer assets. The tone is not all risk on. The tech has been a safety trade. They are benefiting from a world staying at home. Todays session was the largest of the large that were leading the way. Apple, amazon, facebook, all contributing the most to todays rally and all four of them closing at record highs today. From a valuation perspective, how overvalued does the tech market look . We are
Something positive, right, with that rising case count hitting new records, it seems virtually every day, and deaths also starting to move up in knows hardhit states as well with hospitalizations thats certainly been a focus for Market Participants as you guys well know Scott Gottlieb who we follow closely tweeting about the remdesivir news, very encouraged but needs to be confirmed in a prospective trial, appears to be a receipt peck testify analysis of the face three data suggesting a survival benefit in severe Covid Patients. We have made the point many times it is only good news on remdesivir, but lets remember its an infused therapy in the hospital typically for people who are severely ill what we are hoping for and waiting for are significant antivirals that will have an affect on the virus far earlier in its course so that people will feel much more comfortable in resuming behavior because if they were to get it and these were to be available they could immediately take an oral
T americas broadcast headquarters in washington where cleaners look like theyre mopping up plutonium weve been issued a 17 page manual handsome instruction book for re entering the workplace now is a long time consultant im green with envy i can only imagine how many billable hours went into producing that document but for what other products and services is this pandemic a legitimate gold rush and richard who are the opportunistic profiteers. Well there are so many it kind of fogl to the mind on the one hand you have the hustlers and im trying to are like the people who are using a social media on the internet to sell fake medicines to sell fake cures to sell fake vaccines and to sell all manner of things that are going to protect you from the virus and from getting sick. Much of that is illegal and many of the claims involved are straight out of the regal but its going on its very hard to stop it exists both in the United States and in the larger world so thats one con but even when
Pandemic and who are the damnable profiteers who state attorneys general should be busting right and the left lets ask the university of massachusetts Professor Emeritus Richard Wolfe richard as we wait instructions to return to our t americas broadcast headquarters in washington where cleaners look like theyre mopping up plutonium weve been issued a 17 page manual handsome instruction book for re entering the workplace now as a long time consultant im green with envy i can only imagine how many billable hours went into producing that document but for what other products and services is this pandemic a legitimate gold rush and richard who are the opportunistic profiteers. Well there are so many it kind of log on to the mind on the one hand you have the hustlers and im trying to are like the people who are using a social media on the internet to sell fake medicines to sell fake cures to sell fake vaccines and to sell all manner of things that are going to protect you from the virus and
Data, that amazon does not use that data for its own benefit, and im now hearing you say, well, youre not so sure thats going on. And the issue that were concerned with here is very simple. You have access to data that far exceeds the sellers on your platforms with whom you compete. You can track consumer habits, interests, even what consumers clicked on but didnt buy. You have access to entirety of sellers pricing and inventory information past, present and future, and you dictate the participation of thirdparty sellers on your platform. So you can set the rules of the game for your competitors but not actually follow those same rules for yourself. Do you think thats fair to the mom and pop thirdparty businesses who are trying to sell on your platform . I appreciate that question, and i like it a lot because i really want a chance to address that. I am are proud of what weve done for thirdparty sellers on this platform. We started our thirdparty platform 20 years ago, and we had zero