Apple is above 467. 77 making it the first u. S. Company to have a market cap above 2 trillion, a discussion a few moments ago about tim cook and how he has led stewardship of the company through all kinds of cross currents josh lipton joins us to talk more about that. Josh, its funny to look at that change of market cap and think back to some of the more cautionary calls weve gotten in the past few weeks from the likes of b of a who worry about margin pressure on phones, margin pressure on services, less impact from the buyback and so forth yeah. Listen, you look at this recent run, carl, obviously they had those earnings in late july that blue past the streets expectation. You saw strong growth in sales of the new low cost iphone sc. You can chalk this recent run to a few big trends one, theyll say listen in Uncertain Times cash is king and obviously apple has a lot of it, net cash position of 81 billion and counting also, that work from home trend is clearly helping apple or at leas
Claims report. Alongside lisa abramowicz, im jonathan ferro. As we approach that jobless claims report, equity futures doing ok. The equity market within 0. 2 of a record high. Talks down in d. C. , we are on repeat, going nowhere anytime soon. Lisa it doesnt seem like markets really care. They are looking at the amount of money being thrown at the markets from the Federal Reserve and the likelihood of a deal being struck. So many people banking on this, and yet here we are, nasdaq futures marginally, basically a churn, but the s p lower. Jonathan after a big moving yesterdays session. This is how we shape up, with equity futures down around six points, off 0. 2 on the s p 500. Just slightly negative. Still around record highs after a phenomenal rally off the bottom in march. A 50 move. . 1843 r, one other eurodollar, 1. 1833. That is a stronger euro. Donald trump saying the dollar will be stronger if he is reelected. He likes a stronger dollar now. He seems to change his mind on this
The hospital doesnt care. Everybody has equal access. Another landmark with an uncertrehouse has hoping for that again in the overlooked ocean beach since the 1800s. The workers delayed due to the near future. Pandemic. Informational pickets have not brought public defenders can make a on this day in 1996, no one knows when business will request, victims as well. Police unemotional start to thin atlan resume. With staff and management divided, healthcare premiums and paid time off. The contract expired a year ago. Have been so part of. They will keep the emergency mohammed ali showing the effect in order to stay open, the department open, the only of the battle with parkinsons owner said they had to shut disease, received the final down. Torch and lit the olympic at least temporarily. They also just privacy concerns flame. He was an olympic Gold Medalist amy are trying to create a in boxing in 1960. The pandemic has hit the balance in protecting peoples rights. That is this day in spor
Who asked if he would accept the results of the november election. He said he would have to see the results before making the decision. He gave a mixed message. Reporter will you consider a National Mandate . I want people to have a certain freedom. I dont believe in that. I dont agree with the statement if everyone were mask it would disappear. Everybody was saying dont wear a mask and all of a sudden everybody has to wear a mask. They cause problems as well. I am a they are good. I leave it up to the governors. He also touched on school rio brings reopenings. Schools have to open and young people have to go to school. There are problems when you do not go. That will be a funding problem. When they dont open, we are not going to fund them. We are not giving the money. Reporter first of all, what the federal government gives is 8 . Chris wallace showed the president a nationwide poll showing him trailing joe biden by eight points. The president said the polls are fake. California is ne
Obama bill gates and even muscat among the high profile figures whose twitter accounts were used by hackers to post fake tweets asking people for money. Plus hundreds of thousands of indias Migrant Workers left their jobs in the cities to flee the coronavirus now back home the struggle to feed their families. As welcome to the program a course in turkey has sentenced german turkish journalist in his usual to 2 years and 9 months in prison for spreading was turkish law defines us terrorist propaganda the lives in germany and was sentenced in absentia denies the charges against him he had already been held in a prison for a year without being charged before being allowed to return home is case put strains on german turkish relations for more on that story lets go straight to our correspondent julia han in istanbul what exactly does the verdict say. Well 1st of all this verdict is another blow to press freedom here in turkey and its absolutely no good news to other journalists and foreign