From bear market to a new record at the fastest pace since 1991. 193 trading days from low to a record. But the vaccine by both moderna and pfizer are about to create a mountain of medical waste. This is all great news for one company out there, steracycle which disposes of it for hospitals and medical facilities all across the world. The ceo is in full preparation mode. Shes going to explain what theyre doing to get ready for that in a fox business exclusive. And as casino stocks rally on the vaccine news, are they kicking off the party a bit too early . The ceo of circus sports just opened the biggest sportsbook in the nation. How hes actually calm about this. Hes betting his early open will earn him a lot of green. First, weve got team fox business coverage ready to roll. Blake burman live at the white house with the plan now in place to distribute the moderna vaccine. Hillary vaughn is in wilmington, delaware with what president elect joe biden is about to say in a speech about the
And your comments a moment ago to andrew, just sort of crystallize, not just what a job shes done, but how companies are placing their bets on looking through cycles, even though were a week away from an election and in the middle of a pandemic. You have somebody the quality of lease why isa su, best ceo i country, nonpromotional, re competitive thought this was maxed out. Youre in the personal computer and data center, it is not good enough she saw what happened to intel i dont say that with any prejudice. Just that she left intel behind. She is in the data center, who is she who are her clients . Azure, google, and, of course, amazon but it is time she feels it is time to branch out into auto, time to branch out into defense into telco when you look at xilinx, what youre seeing is a mosaic where there is some overlap in data center, but the rest is an attempt to say, you know what, we need a bigger total Addressable Market we have to outgrow our markets right now. And i think it is a
The swing state of pennsylvania. How will voters react one week from the election . Its the final sprint to november 3, joe biden will leave his house to attend to events in georgia and when questioned about his relaxed schedule, he said every day is a 12 hour day. The president keeps up eight torrid pace heading to three states today pulling in huge crowds with tens of thousands attending the three events in pennsylvania yesterday and by the way, 62 million have already voted, 20 million in person and 40 million by mail. To the markets, way down yesterday, closing down 650 with the most modest of bounces this morning no bounce at all actually the dow jones will be down a couple points. Lots of corporate profit reports, they remain strong and we will bring in the highlighted a moment. The big earning report comes as afternoon. Microsoft reports and that may set the tone for the markets. As always, a big show for you with the president on the campaign. Rachel campos who wants her nine k
Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the chinese owning 36 is the Sticking Point david, what level do you think the president would allow this deal or
Evidently investors like what they think they will see. 2. 1 million jobless claims reported about a half hour ago. That means 40,740,000 have been thrown out of work in the last ten weeks. Big number. Yet the economy is contracting at an annual rate now of 5 . Thats a big number. And orders for big ticket items absolutely plunged. Okay. Got all of that. But the dow jones average up nearly 1100 points in the last two days, going up again at the opening bell. Were looking at a gain of over 200 points right now for the dow, and the nasdaq is going to be down, down 80 points. That tells me big techs having another difficult day. Then we have the opening up movement. Its rolling on. Vegas and disney have dates for its partial reopening, but theyve got the dates for reopening soon. Boeing, theyre going to restart, wait for it, max jet production. Were not back to normal but we are clearly well into the reopening phase. Now this. Watch out, social media. The president s going to sign an exec