Coronavirus hitting the Republican National convention, President Trump canceling events in jacksonville, florida as cases spike in the state. The cdc pushing for the reopening of schools, saying it is critically important for our Public Health. How about the future of the country . And unrest in america, another night of protests in portland, plus demonstrations erupting in chicago outside of the mayors house. And play ball, the baseball season finally gets underway with a wild pitch from dr. Anthony fauci. He tried. Plus, our weeklong look at instagram stars comes to an end with the people behind some very funny and pop o popular memes. The cofounders of my therapist says join me live with the secrets behind their viral post. Mornings with maria is live right now. Checking on Global Market action, growing tensions between the United States and china leading to losses around the globe. Europe, you see there, red across the board. Losses north of 1 in england, france and germany. Asia
Netflix, as the richest is the streaming world, still expected to get richer than many of its competitors, academy i think we have to put this Earnings Report into context at the same time, john, i wonder if net flix is a pretender of what is to come it has been one of the great work from home, stay at home plays, and we have earnings coming up. Really this week you have seen some names take a breather zoom is down more than 10 this week these have been some of the really outstanding performer this is year and theyre taking a leg down so as with netflix it showed gains came earlier this year. Could they really keep up that momentum i think investors are taking stock of that right now. That is a fair point, but i think how much of the trends that we have seen are going to stick . Zoom has given up some, but it is not a ton i know that i have changed so much of my work and productivity patterns around some of the trends, i dont think that im going to switch back on a lot of this stuff i
Working on holiday. When you look at the markets, they are probably range bound and that is where the nudgyness comes from. We have earnings in europe that will give insight and you have the spat between the u. S. And china, which is significant but is not translating into concrete market movement. Tom we will talk about china and a moment. Airlines front and center. Right now, with our first word news, here is ritika gupta. Ritika china may retaliate for the closing of its consulate in houston by targeting the u. S. Consulate in hong kong. That is according to the editor of the Chinese Communist party newspaper, global times. He writes the u. S. Has over 1000 staff and that means it is a spy center. The editors comments have regally been a tipoff to what the government does. They Trump Administration says republicans are considering a shortterm extension of the unemployment stimulus. Millions of americans received several mental payments that were included in the last coronavirus resc
Is falling, so does the s p. Caroline Second Quarter is beating on an adjusted earnings per share basis. Revenue, also a beat. The chipmaker is accelerating the product transition, they say. Revenue, 75lyear million dollars. We are managing to get some clarity from businesses in terms of forwardlooking guidance. Romaine hersheys was one of the big over today, up 6 . Even if the guidance does not necessarily meet expectations, the idea that they have some clarity definitely emboldens some folks. Of course, intel right now down about 4 . A lot of folks looking deeper into these numbers and apparently you are as well. Taylor key headline, that they will be accelerating the product transition. That is what they need to do to remain competitive against amd. I know that analysts, particular where looking to see how you maintain that competitiveness. A lot that could be within that 10 nanometer product transition. We also know that apple has been announcing their own chips, potentially hurtin
Theyre raise something 130 billion in market value between them just today. Tesla, also down 4 in the likes of amazon, alphabet not far behind lawmakers continue to work on aadditional stimulus package with new details coming out about individual and corporate ap dow down 330 points with 59 minutes left in the session, sara coming up, tech investor dan niles will be here to make sense of the late day selloff in technology stocks. With the nasdaq down 2 . Plus, well talk to john rogers about his take on the market and the areas hes investing in right now. And more earnings coming your way after the close including intel, etrade, mattel and apple supplier sky works we bring you the numbers as soon as they hit the tape with one hour left of trade, lets focus in on the stories. We have details on the increasingly heated rhetoric between washington and beijing phil lebeau has comments start us off with the Broader Market and tech especially not getting the love today tech is overheated. Loo