From apple yesterday plus, jim, fedex and adobe to kick around from last night. Wow i mean, these were congratulations gentlemen and ladies calls because the numbers were so unbelievably good, much better than people expected. Now, this is rather amazing, carl why . Because there were firms that upgraded and pushed and raised numbers for weeks and yet they were dramatically exceeded, fedex because of e com, 96 of the growth is e com and adobe because its how companies are able to digitize quickly, particularly retailers, in order to be able to take advantage of this this amazing wave, this amazing boom of ecommerce to the home because of the pandemic so how can there be such a structural thematically strong story behind ecommerce and packages and growth and the targets that fdx has pulled forward by years and all the good news today on vaccines and therapeutics well, i think whats really convincing here with fedex is that theyre talking about how theres actually a weak economy in the S
A statement the trumpet ministration will not stand idly by and allow Foreign Companies to subject vulnerable workers to forced labor while harming american businesses that respect human rights and the rule of law that u. S. Had previously had producers of toys garlic and artificial sweeteners to that same blacklist this is the latest step from the u. S. Taken against chinas actions in the region where human rights advocates say china is holding wiggers and other muslim minorities in detention camps now the Chinese Ministry of Foreign Affairs respond to the move tuesday. May find useful. Cold forced labor. Measures on some Chinese Companies the violated International Rules damaged a little industrial chain with chains and value chain which is outright believe china just wrongly those in. The socalled forced labor leaders also made a dent here and seriously goes against some. People in the us have been complaining that they care about minorities changing in the mean time i mean what the
Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want to hear it is a cure. You want to hear it is something that is part of a cocktail of things that you need to be
Had previously had producers of toys garlic and artificial sweeteners to that same blacklist this is the latest step from the u. S. Taken against chinas actions in the region where human rights advocates say china is holding wiggers and other muslim minorities in detention camps now the Chinese Ministry of Foreign Affairs respond to the move tuesday. May find useful. Cold forced labor going to u. S. Measures in some Chinese Companies this violates International Rules damage to the industrial chain which means supply chains and value chain which is outright believe china just wrongly those in. The socalled forced labor leaders dont need it in here and seriously goes against some people in the u. S. Have been complaining that they care about minorities and changing in the meantime i mean what they took measures cracking down on companies. This fully exposed the hypocritical and evil intentions of these people to sow discord between the chinese when people ringback of different groups. An
The chinext is lackluster here. Indonesia coming online. The futures are not going anywhere in singapore today. We are watching that dollars story once again. The dollar weaker here. We did see the pound falling after the bop made the clearest signal yet that it may be considering negative Interest Rates. 104. 81 for the dollaryen. Take a look at crude. You better not be challenging us. You are watching a bit of a bid for iron ore. Global coronavirus cases have no topped 30 million with more than 940,000 deaths. Reported the most cases since the lockdown in may. There were more than 10,000 new infections. The northeast of england is introducing tough new restrictions. The bank of england has given the clearest signal yet that it may consider cutting Interest Rates to below zero for the first time in its history. The policy is part will be a similar move shortly after. Here in the u. S. , the Federal Reserve has started the second round of wall street stress tests. Unprecedented restrai