Pandemmys, and the shows that swept the comedy category and adding in a few friends, too a busy week ahead. Early today starts right now good morning im philip mena. And im frances rivera. A giant of the Supreme Court now casts a long shadow over the 2020 election. The late Justice Ruth Bader ginsburg was truey an icon, an inspiration to a generation. Her impact felt in the growing memorials outside the Supreme Court and across the country her death on friday has already torn open a fierce new political schism President Trump and Top Republicans are vowing to quickly fill the vacancy, while joe biden says a senate vote before the election could create a constitutional crisis. Former president obama echoed his running mate, calling on republican senators to honor the same standard they set with Merrick Garland 4 1 2 years ago. The stakes dont get any higher than this, tracy reporter no, frances, they dont, because if President Trump nominates a conservative to the court, it could tip th
Coming up. The future of the Supreme Court hangs in the balance the death of Justice Ruth Bader ginsburg sparking political debate plus her friendship with Antonin Scalia coming up and Kayleigh Mcenany is here and eugene will join me at 8 a. M. Eastern. Mornings with maria is live right now this monday morning. Global markets this morning under selling pressure underway this morning, the down 207 points and cac down 153 and dax in germany down 400 points. 402 loir concerns of growing about u. K. Economy and it is going to go into a second lockdown over the coronavirus cases as they rise. People in the u. K. Who violate selfisolation rules face fines now of up to 13,000. In asia overnight decline acrossed board there as we also on heels of three straight weeks of decline in the u. S. , as you can see japan is closed for a holiday, but the worst performer in hong kong hang seng index down beaters than 2 . Hang seng down 2. As hsb shares slide to a 25year low. Weve got the news on bank th
On that. Charles, thank you. Whatever the answer, right, the markets are showing extreme optimism as we head into the final hour of trade. New vaccine hopes are adding to the mix and yes, right now, the dow is topping 28,000 by a single point. The nasdaq, back above 11,000. We are at 11,044. The s p is moving higher by 1. 33 after two straight weeks of selling. Oracle says its won its tech battle against microsoft to partner up with the chinese social media superstar tiktok but at this hour, Chinese Media saying yeah, but you didnt win the war. Top tech analyst colin gillis on whether oracle is getting snookered and Charlie Gasparino on those now crying crony capitalism. What does the latest Covid Vaccine progress mean to some of the pandemic stock superstars . The ceo and cofounder of okta is here on whether a return to work will cut into all the business hes done in the lockdown era. And the nfl is back and with it comes an explosion of gambling apps. One of the biggest digital sport
Under valued it sounds crazy. We had a remarkable blitz up we just came after that brutal sell off all the buyers vanished. Now suddenly were back dow surging 328 points and s p jumping and nasdaq pulled 1. 87 . Why . Why did it happen . Why was so great today because today is merger monday monday used to be the day we always came in and merged and stopped. Guess what its back and bigger than ever so i bought out the merger both. Merger. Merger merger. Yes i havent used the merger both, i dont know, four or five years and its back. All right, all right, all right. Back and bigger than ever. We spent a lot of time trying to figure out what stocks are worth, right the price to earnings. Price to sales and book value. All that stuff we try to do. There is another way to value this business. You look at what another business might be willing to pay for that business and today we got a wave of huge mind numbing deals that suggest there are many real bargains in mna. Merger. Merger merger. L
Considering the increased volume, and to your point the incredible run up that both stocks have had. However, i think people forget that Capital Management is the this man as a sense of biggest thing that a Retail Investor has to do now this may make people in a situation where buying 100 devotion welcome to squawk alley. Shares, et cetera, is not such a the s p trying to build on a six giant part of their account. Day win streak already on pace for the best august since the late 1980s. Were hanging on to one point. Tesla is up 16 this month, has that demand been baked in or pretty good numbers on consumer do you see further room to gain confidence were waiting for the tesla and after monday also . I may punt a little on those apple splits effective on questions. I dont directly cover apple or monday my eye is on this divide tesla. I look at stock splits across a between enterprise on premise performance and Enterprise Cloud Broad Technology sectors usually it is nonevents performance.