Stimulus plan. Palantir and just in, the biggest insider buy we have ever seen. It is friday, september 25, this is worldwide exchange. Good morning, good afternoon or good evening im Brian Sullivan hope you are having a good friday lets get right to your money. Futures are mildly higher. Nasdaq futures are up. Overall, it has been another rough week for stocks. Your in investments are down over 3 on the dow on pace for the worst Weekly Performance since late june. All the major averages are negative on the month. If we aim lower for september, which we will, it would break a a fivemonth winning streak. Weve been watching commodities silver has been hit hard down nearly 15 . Gold on space for its worse week and copper at the lowest levels mostly on the move higher from the u. S. Dollar. There is your setup. Frank holland is here with those. The increasingly bizarre back and forth on tiktok. Here is the latest development. President trump is asking a u. S. Court let a ban on the chat ap
The company that was forced to close all, all of its 600 u. S. Locations at the start of the pandemic lockdowns, now looking to wipe the slate clean. After five months of blockbuster delays, the Worlds Largest theater chain, amc theaters, is popping the popcorn once again. Coming up in his first and only Business Television interview, live from amcs leewood, kansas theater that just opened in the last few hours, Amc Entertainment ceo adam arron is here. To add to another show that must go on, live nation president joins us in a countdown exclusive on the creative ways live nation is now living up to its name despite a nearly left for dead concert scene. Microsoft getting a boost in this final hour after my report yesterday that sources close to bytedance say tiktok buyout talks with microsoft are in the seventh inning, but could support from the white house help oracle rally back in the bottom of the ninth or is it microsofts to lose . U. S. Undersecretary of state for economic growth,
Production creeping back to life Mother Nature forcing nasa and spacex to pull the plug on their launch you are watching Worldwide Exchange here on cnbc good morning welcome from wherever in the world you may be watching. I am Brian Sullivan. Thank you for spending your thursday with us here on cnbc. The stock market has been read hot. The dow has been up over 1,000 points in the last 48 hours. Making huge strides in gaining back much of what it lost and it could gain back more today dow futures are up another 140 points not the kind of market we saw in the last two days. It looks early but a little follow through again could happen today we know the dow has done well but did you know this. Small caps are reacting big time the small cap s p index is up 8 this week. And it is early. There are a greater number of stocks in that index up more than 20 this week than have fallen this week up more than 20 trading more than any amount this week. We have more of that at 5 30 we are going to sh
Levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its mind, but theres so much money out there right now. The feds dumped money and the governments put money, and now were seeing this good news in terms of reopening. And, you know, its as if we can just look past, the market is looking past all the bad stuff right now to a time when everything is back to normal. And if we can get back to normal, if earnings can get back to the trajectory they were on before, if the economy can get back to the trajectory it was on before, then the market make makes
On the roundtable tonight, ben levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its mind, but theres so much money out there right now. The feds dumped money and the governments put money, and now were seeing this good news in terms of reopening. And, you know, its as if we can just look past, the market is looking past all the bad stuff right now to a time when everything is back to normal. And if we can get back to normal, if earnings can get back to the trajectory they were on before, if the economy can get back to the trajectory it was on befo