Shift. Weve got another bonus hour of fast money tonight at 6 00 where we will be answering all of your burning trading questions. If youve got one, tweet us cnbcfastmoney. We start off with zoom zoom shares staged a gigantic really its 40 jump today now gives ut a market cap bigger than lowes, ibm and citigroup. It is about 3 4 of the size of cisco, which of course is a similar product and 83 times the revenue. What do you make of this giant move today its pretty incredible. I dont know how often weve seen a stock thats jumped by 40 in a single day. But it ran into earnings weve seen nothing but bullish paper in here for the entire year the interesting thing is when you look at the numbers, yes, the numbers were astounding. When you look at the revenue and the earnings beat, its incredible what stands out for me is i look at this company. You just wonder, theres not a short squeeze going on here. Its not a very large short position i think this is just an amazing stock. People look at
Congress now considering a temporary Unemployment Insurance extension. Ahead on todays show, as more government money flows into vaccine efforts, well speak with the ceo of thur ermo fishe. Plus micro Loan Campaign affirm striking a deal with shopify well teex wispeak with marks ln about that and a number of names are reporting after the close including microsoft, tesla and chipotle those numbers could move the market this evening. Lets get straight to the big stories were watching today mike santoli is tracking all of the action meg tirrell has the latest funding for pfizer and phil lebeau has fresh comments from the ceo of united about what a vaccine would mean for his business subdued summer choppy action the Market Holding up near recent highs the major takeaway from the action so far. The s p 500 on a oneyear basis, you could look at this and say were laboring to make further upside from where we got in early june that is true this looks like relatively defined uptrend. The questi
Were really not too far off that 25 , if we look at it 10 years from now. Thank you very much. Thank you, now were going to open this up for Public Comment. Every member of the public will have two minutes to speak. Yes, members of the public who wish to provide Public Comment on this item should call 4156550001. The meeting id is 1463082077. Then press pound and pound again. If you havent done so, press star 3 to line up to speak. The system prompt will indicate you have raised your hand. Please wait until the system indicates you have been unmuted and you may begin your comment. We currently have 20 people lined up to speak at this time. May we have the first caller . Yes, i will unmute the first caller. Thank you chair ronen and Committee Members. This is doug on behalf of Teamsters Joint Council 7. Were also members of the food chain workers alliance. I want to thank supervisor fewer for the shoutout and her leadership. I feel so proud when i think of how far we come since that fir
I think in terms of the Animal Welfare, that will be the most and were seeing anywhere between 50 to 60 cost increase to move over to nae products. And for us, its figuring out ways to creatively pass that along, whether it to be the cafe or increasing our prices through the cafe and, also, reducing meats. We have reducing meats and every monday is a meatless monday and normally, we would serve about 200 pounds of protein on a monday, but over the last, i would say, three months, we havent done meat on mondays and thats pretty significant. Thats about it. Im happy to answer my questions. Thank you very much. So we have elvis lavaera to speak about laguna honda. Yes. Im from the laguna honda hospital. So, yes, we currently serve 170 residents and offer a 28day cycle menu to the residents. What makes the hospital is unique is the population that we serve, the highly vulnerable population and the age group. A lot of our residents are here and their length of stay is two weeks to some have
Role, on the Long Distance round table, ben levisohn, carlton english and jack howe. The fed has been sometimes blamed for propping up the market, but it looks like fridays selloff may have been in part due to what the fed was saying and doing. Thats right. I think the fed made a mistake. They released the results of their a bank stress tests, and at first they looked just fine. The dividends were capped for the third quarter, but that wasnt much of a surprise. Normally the suspension of buybacks because no ones really buying back banks anymore, but they left a lot of uncertainty about future quarters. As investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. And it really isnt good for the market at this point or investors. Tech is about 27 of the s p 500 right now. If thats near dot. Com levels. Investors really need other choices besides tech, and they were starting to feel comfortable w