Nearly 2,000 americans died of the deadly disease yesterday, the highest death toll since early may. As daily infections now top 100,000 for nine straight days. In fact, yesterday, 143,000 plus. Businesses are faltering so we are going to take you live to chicago, the city that may be the epicenter of the next major lockdown. Meanwhile, reliance on the cloud more important to business than ever before. And we talk to a ceo about how it clears the workfromhome runway of any debris for the biggest businesses in the world. This is a fox business exclusive and they are publicly traded. Baby yoda the hottest new star in disneys Magic Kingdom but will streamings popularity have the power to offset its shuttered parks when it reports earnings after the bell . Our power panel is about to give the mouse house stock an inspection. First, this fox business alert. Even Federal Reserve chairman jay powells measured calm and assurance that the recovery has been faster than expected, not enough to so
We are getting out of equities and bonds. They are getting out of crude. They are all just going into dollar, the dollar being another safe haven here. Caroline certainly the dollar remains the haven of choice. It is interesting whether we are talking about an inflationary or deflation area cycle as sherry was pointing out. Volumes have been very much on the thin side today, and people have been taking a step back on the risk on and risk off folk us. Volumes in the s p 500 remain. Romaine i am glad you brought up the volumes. That is something we should have talked about a bit more. The price action over the next couple of days may not be completely reflective of economic sentment, but it could cause a lot of problem for folks depending on the side of the trade you are on. Caroline lets take it back out to sherry paul now. Sherry, the big expiration as for the hearing from that coming up. Volatility s of and you are saying to remain committed. The dollar remains stronger as taylor poin
the outbreak and global growth jitters have investors shaking despite an upbeat january jobs report. the dow down 266, off the lows. we have the s&p lower by 16, the nasdaq losing 47. bob doll is the trillion dollar man, he s in new jersey at this hour. he s about to share how he s predicting whether a potential pandemic could send the market and economy into panic mode. and there s one particular thing he s watching. the shorts back in action, swirling around tesla. $18 billion worth, betting against elon musk. but tesla is now the most shorted stock on wall street. could the stock haters be about to be squeezed again? as elon continues his happy dance. we ve got a bull/bear debate. plus uber stocks beating, you ready for a friends reunion and charlie breaks it on joe biden s wall street appeal. less than an hour to the closing bell. happy friday, everybody. let s start the claman countdown. liz: and we are just getting this breaking news. the national transportation
Administration to ban travelers from some muslim majority nations. The airline says the cuts will impact five of its 12 u. S. Destinations. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, tech giants continue to report earnings. Qualcomm out with numbers. The chipmaker beat expectations amid its high profile court battle with apple. Plus, the life of an apple supplier is about to get even tougher. We will unveil the companys plans to expand its design of components. Grabbed ther interest of highprofile tech investors, but now it is feeling squeezed. First, qualcomm reporting secondquarter results that beat analyst expectations and revenue that topped estimates. A 1. 34 earning per share. We will see that the bloomberg is showing you there it is, up almost three percentage points. Seeing thisare Movement Even amid the Ongoing Court battle wit
Administration to ban travelers from some muslim majority nations. The airline says the cuts will impact five of its 12 u. S. Destinations. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, tech giants continue to report earnings. Qualcomm out with numbers. The chipmaker beat expectations amid its high profile court battle with apple. Plus, the life of an apple supplier is about to get even tougher. We will unveil the companys plans to expand its design of components. Grabbed ther interest of highprofile tech investors, but now it is feeling squeezed. First, qualcomm reporting secondquarter results that beat analyst expectations and revenue that topped estimates. A 1. 34 earning per share. We will see that the bloomberg is showing you there it is, up almost three percentage points. Seeing thisare Movement Even amid the Ongoing Court battle wit