Reasonable, but i dont buy it i i cant plug in the same numbers that they are plugging in but these are really smart people over at mkm, mel. You and i both respect their work a lot, but i think were going to see apple top 1 trillion long before alibaba does, and then i think it will be another American Company that comes right on their heels you mentioned facebook and microsoft. They are both close, and i think boast those could also beat alibaba. In terms of the numbers mkm makes the argument that the 720 multiple by 720 and heres the kicker, they point out, pete, that alibaba has hauls blown away consensus forecasts and thats why they seetrillion fo them first. And i tend to agree with jon. I think apple actually gets there first but i think alibaba is right on their heels. I think they are second, and they have a great opportunity. When you look at the Growth Numbers that you just cited and some of the ideas of what they have done in terms of acquisitions of late, including in the
Trump says he wants to run the nation like he is running our biz ness. God help us. Maria clinton with another surprise appearance at the convention trading president obama onstage at the the end of his speech, thinking him. Despite the unity inside the arena, protests continued for a Third Straight night. Some demonstrators earned the American Flag. The latest on that coming up. Donald trump ramped up attacks amid the dnc emailed lake, even calling for help to recover missing emails from her private server. Russia, if you are listening, i hope you are able to find the 30,000 emails that are missing. I think you will probably be reported mightily by our press. Lets see if that happens. Maria how its all plain in the National Security coming out. Four people have been killed after a small plane crashed in california. Investigators arriving to search for the cause. Plus a scare for pope francis in poland. The pontiff tripped and fell during mass. He was immediately help to to his feet. A
Futures pointing to a higher open. Nasdaq futures up 8 points. Dow futures up 30. Oil trading higher this morning. You can see that right there. Lauren rcn and Grande Communications for two and a quarter billion dollars. Olympic lodcekey speaks about being held at gunpoint. Chilling story. Lauren usain bolt still the fastest man in the world. Three straight 100 gold medals. Hello. Hello to you. 5 01 on this monday august 15th, welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Lauren thank you so much for joining us. At least one persond wounded at the second day of protest. I have, however, seen a still photo extracted from that. And that still photo demonstrates without question that he had a gun in his hand and i want our community to know that, that he had a gun in his hand. Lauren Authorities Say the officer in question is staying out of town. You can see the flames there. Wisconsin Governor Scott walker has activated the States N
Power against drug smugglers. And in sport, tennis number 1 Novak Djokovic is about to begin his efforts to win another u. S. Open. And the first player to make it through to round 2. European government is struggling to come up with a response to the ever increasing number of refugees across their borders. The eu has called an emergency meeting two weeks time. Each country deals with the escalating situation in its own way. These are the latest developments. In greece around 2500 refugees on a ferry have disembarked after being picked up over the beengd froweekend. After rescue operations in greek islands. Follows last weeks incident in which the bodies of 71 people were discovered in the back of a lorry parked on the hard shoulder of a motor way. In macedonia hundreds of people are being allowed to board trains, growing number of people trying to reach western europe. And in hungary hundreds of people have also been boarding trains, traveling from the capital budapest to munich. Germ
Reporter the decision came down less than an hour ago. Vincent asaro was acquitted in the legendary heist at jfk. The 6 million Armed Robbery was considered the largest in u. S. History. 80yearold redskin sent asaro walked out of court a free Vincent Asaro walked out of court a free man. The reputed member of the bonanno crime family kept a low profile for decades. His cousin came forward recently naming him in a robbery portrayed in the movie goodfellas. Prosecutors said he collected at least 500,000 from the robbery, a key piece of evidence for the government, secret recordings of asaro complaining he didnt get his fair share of the money from the lufthansa heist. Prosecutors said he had a gambling problem and lost his cut at the racetrack. This afternoon, his lawyers didnt seem to want to let him speak but he had a few words at the microphone. I just want to repeat, i like to thank my two lawyers. I would like to thank you for treating me great. Now i think mr. Asaro intends to go h