Was slowing down old devices what theyre doing to win back favor and what it means for the stock. First, stocks rallying to kick off the new year. The nasdaq and s p 500 both closing at record highs with nasdaq closing above 7k for the first time ever. It does feel a bit like 2017, when tech crushed the competition, soaring 37 what do you do in this new year . Do you stick with what was working, namely technology, guy . I think you do, mel, and happy new year i think you do stay the course people want to play the laggards, but stay with what works and what has worked. Dan nathan has been on this. Intel, big move to the upside, valuation is reasonable. Micron had that huge move from basically the low 30s up to 50, retraced back to 40, had a decent day today valuation of micron makes sense, dram pricing is still heavy. Texas instruments, great story, theyre in great places, but now 24 times forward earnings, i think its gotten expensive. Technology works, just be aware of what youre buyi
Weakness in italy and spain. When it comes to the treasury yields, this is what were watching closely, the tenyear is trading at 2. 433 should we be doing a Weather Board . Like a freezing cold Weather Board . I saw this morning that 90 of the United States is freezing or below a third of the continental United States, the lower 48, are actually below zero. As was predicted. Its cold because its warm. Dont do this as a Global Warming thing. No, no, because only weather that proves Global Warming like every brush fire is Global Warming. Every drought. Every flood. Thats all Global Warming. You didnt see the day after tomorrow. It got freezing. If the atmosphere traps more heat, you would think it would not be as cold you know what sorkin, dont act like you studied this i have studied this what i have as it happens, i have. Sorkin, if it was 40 degrees, and it was a very warm winter, would that be indicative of Global Warming or just answer that question. If it was unseasonably warm, wou
Lemonis my name is marcus lemonis. On my show, the profit, i invest my own money in all kinds of companies. Everythings going to change. Everything. And help turn their fortunes around. Marijuana isnt my thing. Ive never even considered investing. Is the business easy for you . Andrea hell no. Theres nothing easy about this industry at all. Lemonis but the market here could reach 6 billion, and thats impossible to ignore. Adam we have this opportunity to create onceinalifetime, multigenerational wealth. Lemonis the risks are huge. Youre in a room filled with what the federal government considers illegal. Jeanette thats what makes it more exciting. Lemonis but so are the returns. Whats the end goal for you . Dan selling my company for 120 million. Lemonis im here to take you on a journey and show you where the profit is in pot. Im here in Desert Hot Springs, california. Now, many of you have probably never even heard of it. Its the forgotten son, the neighbor, to palm springs, where the
I met the governor. We surveyed the damage. It was staggering. The width of the hurricane was 35 miles. Puerto rico is 30 miles. A third of the island still without power. You guys know youre american citizens, right . Yes. Do you feel like it . Yes, but weve been abandoned by our government of the United States, as well as the government of puerto rico. A bridge washed out, a community cut off. Its horrible because this is our only entrance and exit. Theres nowhere in and nowhere out. For you, this is the end of the world right here. Doctors saving the injured and the sick. Also, the ptsd, posttraumatic stress disorder. From the hurricane. Yes. They dont have food. They dont have water. They dont have jobs. This would never happen on the mainland. Youd see trucks everywhere. Youd see military deployment. Thousands making the wrenching decision. I feel like a coward for leaving this. You feel like a sellout or something . Yes, i feel like im selling out. I feel like im running away, ju
Dropped 3. 5 . In china the shanghai composite was up. Oil prices jumped 3. 5 yesterday, lets see where oil is starting the month, that is down . 11. Nicole for the second day in a row tornadoes ripped through the south. We have the damage in mississippi and alabama. Nicole marriott beat back a Chinese Company in a bidding war. We have a reaction. Lauren the final four set to begin tomorrow, gw took home the big title in the Associated Press hands out the top coach award. That and more coming up. It is 6 01 in the morning. It is april fools day, did we confuse you . Welcome to fbn a. M. , the latest breaking news and what to expect for the day ahead. Nicole a new fox poll finds ted cruz leading the way in wisconsin. 42 republican delegates, the poll shows Bernie Sanders is ahead of Hillary Clinton in the states democratic party. Blake berman has details from wisconsin. Ted cruzs momentum is continuing according to our Foxbusiness Network paul, ted cruz has the backing of 42 of republic