Stuff. From politics to flash from housing boom boom time this is where. The 77 percent. This weekend v. W. Their doors have permanently closed microsoft says its stores around the world will not reopen after the Coronavirus Crisis. With 3 german majors making global headlines were around randolph whats been a wild week in frankfurt. And with many gigs around the world can sort well look at an invention that aims to help you feel the music at home. This is the do we have business on robots in berlin welcome along microsoft says its stores around the world closed because of coronavirus will never reopen the u. S. Companies permanently shutting 4 of its stores thats around 100 outlets microsoft says its taking a new approach to retail invest in its online shops the 4 stores that wont be closed will instead be turned into what the Company Called experience centers. Along this lets speak to our financial correspondent on wall street quarter welcome along yes so whats behind this decision f
Solution the new season of sounders eventually. This week called double good. People hold on for g. W. On facebook and twitter to date and in touch follow us. Bedouins have permanently closed microsoft says it stores around the world will not reopen after the Coronavirus Crisis. With 3 german majors making global headlines around our 4 randolph whats been a wild week in frankfurt. And with many gigs around the world can sort of look at an invention that aims to help you feel the music at home. This is do we have business on robots in berlin welcome along microsoft says its stores around the world closed because of coronavirus will never reopen the u. S. Companies permanently shutting 4 of its stores thats around 100 outlets microsoft says its taking a new approach to return invest in its online shops the 4 stores that wont be firmly closed will instead be turned into what the Company Called experience centers. Along this lets speak to our financial corresponds on wall street quarter we
An uptick in covid cases this comes at the end of the week when analysts were becoming increasingly bullish on the stock. Rbc upped the price target to 390, saying the company is in a league of its own. Citigroup came out with a price target of 400 on potential of the 5g iphone, and today, a new street high from jeffries who thinks the stock can go another 15 higher from here so what do we make of this bullishness, especially as there are still uncertainties about this u. S. Economy . Pete, what do you say . Well, i can understand the bullishness just because of the fact there are so many different verticals that apple actually can tap into were talking about services, wearables all the time, even the mac, which is almost a forgotten continues to be something thats very strong. So theres so many different verticals they have, but when you start closing down stores, obviously, theres going to be effects, and people are going to react like they did today. I think in the longer term, were
Local economies continue to reopen across the nation and the Consumer Staples etf has risen more than 10 off march lows, but there might be only a handful of names within it that have all the ingredients for a continued run higher the chart master, carter worth, has been in the kitchen, tinkering with the secret sauce based on the one stock, carter, have you been crafting something for us exactly, how clever crafty and clever. Before we look at a couple charts, this has been a disaster of a stock what we know is it peaked almost four years ago at basically 98, and bottomed this year at 20. Youre talking about a 79 decline. Its not loved only two analysts consider it a buy, yet two people hold almost 50 of the stock, warren buffett, of course, and 3g global but anyway, a few charts so here is the first chart and what we see is that it has all the characteristics of a bottoming out formation. A bearish to bullish reversal. You can see the 150day moving average starting to flatten and ris
Theyre all moving lower put on the positive side, a report that china will accelerate agriculture purchases from the u. S. Which could deescalate some trade tensions and were set for a particularly volatile final hour of trade this is the s p 500s first major options and futures rebalancing day of the year. We have 59 minutes left. Were down just over. 5 sara coming up on todays show, pressure mounting on apple over the treatment of App Developers weeshgs going to speak with Roger Mcnamee ahead of the Developers Conference plus, david kenny holds not only the companys ceo title but also the chief diversity officer. Hell discuss neilsens recognition of juneteenth and how they can push for more diversity in the workforce and can figure out a way to measure it as well lets get straight to the market another volatile session to close out the week on wall street one that is headed for another upweek mike santoli is tracking the down action weve seen this afternoon. Yeah. A little fatigue th