Stock. Its our call of the day the Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this thursday our Investment Committee at the table. Josh brown, steve weiss and director of market strategy. Well begin with the selloff stocks rebounded and down again. Another volatile session all three major averages were down half a per at the lows. You have your special suit on today. You get the ball first s p coming off backtoback declines and today you got what you didnt want. A read on the Services Sector which suggests that were slowing there, too well, it was telegraph 48 hours ago when you saw the Employment Index and warranted at the time to give consideration of the strength to not only domestic economy but the Global Economy being the u. S. Consumer and were they in a position where they weto weaken. As it relates to the market, absolutely the selloff is warranted if youre going to see the consumer weaken i think it also gives yo
The stand at the google trial. Caroline we will get estate on the eve of industry. Lets check on the broader public markets. We are dictated by macros and all eyes on Jerome Powell having his roundtable. The nasdaq is up bite zero. 3 . The 10 year yield can probably take some of that rally, 12 basis points on the high side of the 10 year. The focus and where the Federal Reserve has to relay the pressure to fight off inflation. Some pressures are coming off of commodities today. This is a question of growth. Lets move on to the risk asset thats up three and 4 on bitcoin which is a stellar rally to start this new quarter with maybe some repositioning at the moment. Ed we got Third Quarter delivery numbers for the ev space, tesla and rivian fell in premarket trading. The numbers and come back and we are notably higher compared to where we year where we were. Tesla, 435,000 evs delivered in the quarter. Downtime for factors as they root tool as they retool. That impacted some of their prod
disappeared. and victory lap for the dog show winner, wowing the crowd. but first. the nightline five. number [ fast-paced drumming ] good evening. thank you for joining us. tonight, the first in the nation primary, narrowing a crowded democratic field. abc news projects bernie sanders will win the new hampshire primary. pete buttigieg also having a strong night, finishing second. amy klobuchar in third place, followed by elizabeth warren and former vice president joe biden. we now turn to political director rick klein. what do you make of tonight s results? byron, we have a clear winner in new hampshire, but no more clarity in the democrat race. bernie sanders gets the win, the most votes for the second week in a row. he s able to declare victory for the second election cycle in a row. but pete buttigieg walking away with just as many delegates, meanwhile, big disappointments for elisabeth warren and mike bloomberg is waiting with all of his millions. right now, ther
Credit reporting agency equifax. Last month the Company Revealed it had been hacked, potentially compromising the data of 145 million people. Since then, the ceo stepped down and apologized. Several other executives also left. There are investigations by federal and state agencies includg the department of justice. Now today the company said it was looking into a possible second breach but later in the day reversed course, kind of, instead of putting the issue on a Third Party Vendor. Andrea day explains. Reporter it comes just one month after the credit giant disclosed a hack that compromised Sensitive Information of more than 145 million people. Then today equifax, taking one of its consumer web pages offline, the same page people use to dispute issues in their Credit Report. This is all after an independent security analyst discovered that equifaxs Credit Report assistant link contained malware. According to the website, visitors were tricked into installing fake adobe flash updates
Portfolio manager mart thousand martoma was found guilty of Insider Trading just a short while ago, and, it has got everyone buzzing. Here to tackle both topics in a headtohead, fox business senior correspondent, Charlie Gasparino and hedge fund manager, ed butowsky. Nothing below the belt. I have to tweet something out. Excuse me. Melissa right away . That is good point. Were ripping twitter yet we all on it and using it. I love it as a newsgathering tool and newsdim semination tool. I use quite a bit. I move stocks on this thing. I dont think they have figured out how to monetize it. Right. I think before an investor ever gets involved in this thing i think you have to ignore anybody that owns the stock, like the gentleman we have on here melissa just ignore anyone who owns the stock. That is strong statement. Heres why because theyre talking their book. Goldman sachs underwrote it and put some huge valuation on company recently. This company has to go out and prove itself first like