Category 2 but its still danger it slammed into a gulf coast as category 4 150 miles an hour winds. Well take you lye where the situation is still unfolding sports coming to a stop. Maybe temporarily. Players in nearly every proleague choosing not to play last night in protest of the shooting of jacob blake inwayway the Milwaukee Bucks began the protest. Bucks owner said i fully support what the team is doing and im going to do whatever i can to help them get their message out and try to bring about a change. It sountdds like the nba may be back on today. Everything is very fluid your Investment Committee is here today we got to do a quick recap of these record markets. Green, green, green, green the s p up as well the s p earlier hitting the milestone of sorts plowing above 3500 for the first time ever. The nasdaq, else what, every high is a new report high. Even the small caps performing with the gain on the dow, 247 points even the lowly laggard dow getting in on the action its now
Deal to buy the company could come in next few days and theres a third bidder enter the fray walmart, wait, what. Thats right we have the details walmart entering that one. The sports world at a virtual stand still. The nba pauses playoffs to put a spotlight on Racial Injustice in america. The Houston Rockets owner will join us. Well talk about that and the hurricane as power lunch starts right now thanks stocks are giving up sol me of their early gains. Bob has the latest for us. Banks and health care are leading but most Everything Else is down. Sell off in the middle of the morning. That as an attempt to take some profits on tech stocks these sell offs dont last long. Look at the triple q here in is the nasdaq 100 at a new high its a rule here it goes up for four days and maybe down one day we have seen this for a couple of months now. Here you see the teams to sell it off it doesnt last very long. Theres been a lot of people arguing, look at the megacap tech names its time for a pa
After President Trump hinted at even more trouble with china two steps forward, one step back when it comes to talks of the next round of virus stimulus House Speaker pelosi told us it is thursday, july 23. This is Worldwide Exchange here on cnbc good morning. Welcome to wherever in the world you may be watching. Im Brian Sullivan another day, more records . Could be futures are higher up about 80 points nasdaq futures are up just about 1 all this after the dow closed above 27,000 capping off a threeweek win streak as it stands right now very early or Late Wednesday morning, the dow and s p 500 are on track for fourweek win streaks. If we get that, that would be the longest weekly win streak for the dow since november 2019 and for the s p 500 since december 2019. Now an even better one for you some good data there you might think it is all about the big five faang names maybe not. Take a look at the number of consumer stocks trading at alltime highs best buy, chipolte oreilly auto part
Quorum call the presiding officer the senator for mississippi. Without objection. Under the previous order, all postcloture time has expired. The question is on the nomination. A senator i ask for the yeas and nays. The presiding officer is there a sufficient second. There appears to be. The clerk will call the roll. Vote vote vote the presiding officer are there any other senators wishing to vote or change their vote . If not, the yeas are 556789 the nays are 42. The nomination is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates action. A senator mr. President . The presiding officer the senator follow alaska. Mr. Sullivan mr. President , i ask unanimous consent the senate proceed to legislative session for a period of morning business with senators permitted to speak therein for up to ten minutes. The presiding officer without objection. Mr. Sullivan mr. President , i
Right i mean, its not surprising given what the stock has done that insiders would want to monetize some of the extraordinary gains. I cant quite tell how much is insiders any Stock Associated with Insider Selling is fine. I dont know what price its going to get done exactly. Still, its just enormous from where it was it hit 80 and then went down to 40 its been a crazy ride i dont blame them for wanting to take money off the table but i wouldnt be a buyer on that offering. It allows insiders the sale of up to 53. 4 million shares so we knew this is happening in fact, some analysts said this is a ticking time bomb hanging over investors, yet we are seeing an outsize impact on the shares on a day when neo gets rated a sell over Goldman Sachs because of the run weve seen an enormous run over the entire space here. Yeah. Even within the auto, hydrogen fuel, the entire space has been a place where momentum traders have been chasing momentum theyll also be chasing on the way out. Weve said f