I am jack hal in for jack otter. Summer blockbusters breaking box office records. We see a Movie Theater revival, all ask imax ceo richard golf on to get his take on whats driving the industry in a glimpse at some upcoming releases. Then new obesity drugs are showing Health Benefits beyond weight loss. Will look at how the positive trial results are putting pressure on insurers for coverage. Later, a spinoff loophole that could make ordinary investors a quick 1000, yes please. We began with three things investors out of think about right now. The market ended mixed as tech stocks taint. July inflation rose slightly 3. 2 percent but up from the month before. Espn make it a big move in the world of Sports Betting, the company agreed to a 2 billiondollar deal with pain entertainment to create espn. Will look at the odds for stock investors to profit. Tesla cfo is leaving, the cyber truck is coming. What both of those mean for shareholders. On the barrons roundtable. My colleagues ben levi
Be talking about. I always thought inflation was going to tick its head up again and were starting to see that. The producer level kind of forewarned you whats going to happen three or four weeks down the line when it goes from the producer into the consumers hand. Inflation is here to stay and really has more to do with we cannot get spending under corral. I dont know if weave hit that Tipping Point but were close. All that Government Spending stoked inflation and how can you add more kerosene to the fire and say the fire is going to go down. People understand whats happening. Stuart good morning, everyone. It is 11 00 on the east coast of these here United States. It is friday, august 11. On the markets, very much a mixed picture. Dow is up 90, nasdaq down 66. Theres a feeling of kind of summer dull drum about the market today. Show me big tech, most are down this morning except for apple, which is struggling. Its up a mere 32cents. All the rest are down. The yield on the 10year trea
Investments in three sectors, semiconductors, quantum computing and Artificial Intelligence the order will prohibit investments in some forms of those technologies and require americans to disclose investments to u. S. Governments in some cases. And you know the one thats not necessarily going to be included which tiktok. Thats your thing. Its not been my thing. Its been the National Security thing. Right. For so long. But no action taken yet bipartisan cause, problem. It should be. Im not sure it should be. Its surprising given all this effort in this regard and why, for example, under the ai rubric, for example, it wouldnt be included. Think of all the data the Chinese Government has access to. And thats what people say. It has all how many lazy girl videos Andrew Ross Sorkin watches per day. I have yet to be convinced by the way the Chinese Government is seeing all this tiktok in terms of the way theyre trying to build this thing in a separate way but thats a separate story. The con
The dime. Liz for a second, the dow was positive. Right now its just straddling that flatline. Charles, i know you know this, we are tminus one hour from disneys earnings, and right now shares of the entertainment con glom9 rate are, again with, kind of straddling that flatline but slightly lower by 14 cents. Shareholders are still processing the big headline last night that penn entertainment, thats the Online Sports betting company, has struck a 2 billion cash and stock deal to partner with disneys espn. This partnership is going to give penn, whose stock right now is doing much better than disney ifs, up nearly 10 in the session, give them exclusive rights to espn bet for ten years. With disneys earnings on deck, this could possibly be one of the most scrutinized earnings calls of the entire season. Considering the disappointing Second Quarter results, investors are very anxious to hear better news from ceo bob iger, but itll take a lot to make them forget that since iger returned t
Much. Good afternoon, everyone, im charles payne. This is making money. Breaking right now im in las vegas where it is always hot outside. Luck can run hot and cold inside that is the same thing with the stock market feeling the chill after a blistering rally. Bulls are getting cautious. The bears are shouting louder than ever. Well look at all sides, folks. Social media buzzing over the barstool story. Penn gaming did the right thing. The question what does it mean for the mouse house . Disney reports after the close. Well handicap that for you. The wage price spiral is it a myth or the biggest risk to this economy . Im separating fact from fiction with art laffer and peter same on. My take on young men getting kicked to the curb. It is socioeconomic story with jack brewer. All that and much more on making money. Charles listen, i believe, im a big, big proponent that rallies have to be tested from time to time and thats when you really get the confidence. Everyone talks about buying