Election day in what could be the most volatile week of the year. But, tech is still lagging. We will preview upcoming earnings. My exclusive interview with snp ceo klein. Could this mean bad news for the rest of tech . First, the earnings parade continues with posting its annual profit forecast with new accounts searching. Net new accounts jumping 55 from a year earlier. We will get to that in a moment. First, Abigail Doolittle has been looking at the broader markets today as we head into the big day. A lot of anxiety going into tomorrow. How are investors digesting it . Abigail anxiety describes it well. More jitters on the part of stock investors. Another wild day. Sharply higher. Afternoon, then finishing up just a little bit after the close. Investors were selling the tech stocks, or some of the tech stocks, and buying up some of the cyclical, growth sectors such as energy, industrial, materials. On the other hand, volatility, still very,0 fix very elevated. The investors are conc
Hi everybody. We are so delighted to have you i am the founder and president of the patriotic millionaire a welcome to the congresswoman for being our guest today and for all of you to be here we are joined by our three guests and we will start off with a 30 minute overview and then we will hear from the congresswoman and have a question and answer and then wrap at 3 00 oclock if you want to learn more of what we are doing tax the rich. Com you will find the link to Patriotic Millionaires university that explains the tax code top to bottom unlike other universities we could mentioned ours is free so lets meet the millionaires. You are on mute. Sorry. The chair of the border Patriotic Millionaires a computer engineer by training but spent most of my career on wall street the last ten years of blackrock the Largest Asset Management Company in the world after the financial crisis of 2008 my work center evaluated the risk exposure one day i was at the top floor of the bank in athens i walk
Good thursday morning im Carl Quintanilla with jon fortt and Julia Boorstin is with us for the hour. Stocks in a whipsaw range, down a couple hundred up 100 here. S p 500 up 25 or so after the dows near 1,000 point loss yesterday. Worst day since june on pace for the worst month since march. But then you get a stock like pinterest. Good guide coming up, going against the grain. Julia, remarkable price target increases. Basically doubling what some analysts saw the stock trading to yeah. A lot of positive responses to those numbers there. Really a beat across the board, carl what is so interesting to me is what we saw in this quarter from pinterest is last quarters results were not just a blip but that this is a company that could stand to benefit over the long term from some of these trends were seeing during covid19 there is some surprising, funny Little Things like the fact that pinterest grabbed four million new users due to the fact that people are going to pinterest to find inspir
Their own stock and the executives around these Companies Say remember if you have options on your stock and the stock and you know guarantee theres no risk the stocks will hire the options can go from a 1. 00 to 100. 00 or 300. 00 so an executive can make 50 100200000000. 00 us what we have so many billionaires in america is by playing this game of guaranteed upside by money printing and owning the options on your own stock and so if you strip out those numbers you would have markets that are a lot lower youd have a lot more parity between classes in america you would have the wealth and income gap you wouldnt have the social unrest and you wouldnt have a lot of all these other problems so its very stark very plain to see for those who want to say hey were going to show you some charts to show you visibly how big it is but in terms of kind of a lean duck president coming in biden whos. You know very very old and doesnt have the senate and his leader says majority and the Congress Memb
A disputed election. And we speak to the is there is who are longing to go back to their homes after being uprooted by the conflict with the media in the early 1990 s. And im with your school says. A record 7th straight formula one constructive title and Lewis Hamilton closes in on the drivers championship. So we begin this news hour with one of the most divisive u. S. Elections in recent years donald trump and joe biden have less than 48 hours now to make their final pitch to the American People and theyre doing it in several important battleground states President Trump is now on his way to michigan where he won by less than one percentage point and 2016 joe biden is hoping to win that state and he made his case when he visited there on friday trump is expected to hold. These in 5 different states on sunday will focus on pennsylvania another crucial state for the full fights president correspondents a closely following the campaigns alan fischer is in washington d. C. But 1st lets go