Will it work . One of the main incumbents, good rx, shares their answer to the new competition. The bitcoin rally continues, but for how long . Brad darling house will have his take later this hour. Tech share is leading the market higher as more covid restrictions, staying at home for the foreseeable future. Scientists are racing to make advances on the vaccine front, but there is a long winter ahead. Joining us now is abigail doolittle, taking a look at the Market Movers of the day. A lot of conflicting strands. How does it add up . Yesterday, we had the bearish , the risk off news about Public Schools closing. The Biggest School systems in the u. S. Closing on the virus. We have hospitalizations at a record high in the u. S. Stocks yesterday sold off. Today, they rallied. They started in the red, and were flat on the day most of the day. At the end of the day, the nasdaq 100 climbing by about three quarters of 1 . Once again, we have the disconnect between stocks and a reality that
Amazon partners with an old text stalwart. That is blackberry. How they plan to revolutionize tech. Those stories in a moment. The u. S. Stocks posting another record high amid news of new stimulus talks. They are progressing with a plan to pass by the weekend. Abigail doolittle has more on that. Also, i know you have been following the latest Earnings Results out of snowflake. Shares down after hours a bit. This is a big test for them after their blockbuster debut. Abigail it is. Lots of big movers relative to earnings after hours come snowflake being one of them. With snowflake, what you are referencing is that huge ipo, biggest ipo of the year back in september. This is their First Quarter as a publicly traded company, so they are finding out what it is about to these shares are absolutely plunging in the after hours, down 19 . This is an Application Software company, up just 37 year to date. They have struggled a little bit, and in this quarter they posted a wider loss than expecte
Plus, big tex pharma. Tech pharma. Amazon launches a digital pharmacy that includes discounts and deliveries for prime members. It promises to upend the pharmacy business as we know it and may spell trouble for thousands of small pharmacies across the country. And, just what are your children watching . A new study finds if it is childrens content on youtube, it is probably littered with ads depicting violence and providing no Educational Value whatsoever. We will have all the details. First, u. S. Stocks pulled back from record highs today as u. S. Investors turn to the surge in new cases of covid19 and lockdown measures. Pharmacy stocks took a beating after amazon announced it is getting into the pharma business. Our Abigail Doolittle has more from new york. Markets generally ended the day down, but it was a big up day for amazon. How much influence did that have . Abigail lots of great headlines that you were mentioning. It was a fairly quiet day. It started risk off and ended mildl
Is the security of america at risk . And covid continues to peek across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . Dropping asstocks fresh resections put in place to limit the spread of covid19 overshadowed positive news. About vaccine develop at Abigail Doolittle has more. Generally the markets were quieter today, but then it fell off late in the day. Abigail truly a sleeper for much of the day. Cyclical rotation trying to take over. As new york city headlines crossed on top of the mta news around the subway. Earlier today, two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 seven day rolling Positivity Rate here in new york city, at least according to the mayors office. Looks like the governor may have ha
Bloomberg technology. Lets take a look at the markets on the day. It was a risk on session, of course avenue do with the news out of madera that they have a vaccine that is 94. 5 effective on the volunteers. 500hat news, the s p finishing higher. Some nice gains out of the nasdaq. Moderna itself sharply higher. After the market, we did have news coming from brookshire and s. Her hathawaye berkshire added to their portfolio in terms of health care. Typically, health care a defensive space. With the virus, perhaps these additions have something to do with the virus. Stocks have been down sharply on the day after moderna news about the virus came out. Likingours, investors pfizer as well. All right, abigail doolittle, thank you so much for that round up. I want to get to airbnbs filing. The company disclosing details of its initial Public Offering plans for the first time, releasing Financial Results and previously confidential information on its operations. In ipo search that has largely