Fears. And companies from roku to Western Digital have been tempering expectations thats hurt sentiment a bit. Gold is at a record high nasdaq set for another record close, comfortably now up a full 1 . Continuing that breathtaking rally, coming up on todays show, the bet on pets. The ceo of the company that makes medicine for pets and l e livestock. And more earnings rolling in today after the bell, including uber, dropbox and t mobile also a first on cnbc interview with mike seifeieve seavert eamon javers has the latest on the stimulus stand offin washington, and phil lebeau is watching the airlines. Start us off with the broader market, mike. Today is a good example of how we are now in a market moment where the threshold for rallies on news is much lower than the threshold for a sell out. Nertsd, the market takes most good news and kind of shrugs off the less good news we got the better than expected but still kind of ugly jobless claims number. That palmback went away. We were fla
Congress now considering a temporary Unemployment Insurance extension. Ahead on todays show, as more government money flows into vaccine efforts, well speak with the ceo of thur ermo fishe. Plus micro Loan Campaign affirm striking a deal with shopify well teex wispeak with marks ln about that and a number of names are reporting after the close including microsoft, tesla and chipotle those numbers could move the market this evening. Lets get straight to the big stories were watching today mike santoli is tracking all of the action meg tirrell has the latest funding for pfizer and phil lebeau has fresh comments from the ceo of united about what a vaccine would mean for his business subdued summer choppy action the Market Holding up near recent highs the major takeaway from the action so far. The s p 500 on a oneyear basis, you could look at this and say were laboring to make further upside from where we got in early june that is true this looks like relatively defined uptrend. The questi
The dow is at 25,600 is the low for the weekt. Joining us this morning to talk about that is a u. S. Equity executive strategy director. And i think maybe the first time we had you on our air, welcome thank you, it is good to be on and i appreciate the time this morning we love getting the insight nanny general your Research Notes have been really clear in spelling out a narrative on the kbas baskets that work for stocks i argue it is a relatively bullish tone, but how would you put it i think the way were looking at this is were ultimately confident that you have a v sharped recovery and ultimately you have a strong fiscal stimulus to provide an effective bridge to 2021 now mic and my team have also been positive on the operating leverage story particularly as were seeing increased prevalence of companies having to do more with less just like coming out of any other resection, that generates operating leverage and i think that is actually this emerging theme for life after covid and i
Good morning and welcome today hearing on the other side of the federal communications commission. And we have them here today. As a special welcome to our distinguished and all witnesses upon. Today we will hear from fcc chairman. In the commissioner and other commissioners. The fcc is the nations primary regulator and later state International Communications network. The core part of the agencys vision is to ensure that all people in the United States have access to rapid efficient and nationwide Communication Services at reasonable prices. Never before has the fccs responsibility to achieve this mission been more important. In the covid19 Public Health emergency experts a spotlight the Nations Communications networks in the American Peoples access to Broadband Services. Since march there has been a dramatic and sustained surge and internet usage. But the u. S. Network has performed well and we are very much better than other countries and in meeting this increased demand. This is to
Including Broadband Access during coronavirus expanding broadband to rural areas telehealth funding and president trumps executive order on social Media Companies. Three hours 25 minutes. Good morning this hearing will come to order todays hearing on the oversight of the fcc. And they are here today and a special welcome to our a distinguished panel for appearing today we will hear from sec chairman pai commissioners. The sec is the nations primary regulator interstate and International Communications networks a core part of the agencys mission is to ensure all People United states have access to rapid and efficient nationwide Communications Services at reasonable prices never before has the responsibility to achieve this mission have been more important covid19 spotlight on the Communications Networks in the American Peoples access to Broadband Service since march there has been a dramatic and sustained a surge in Internet Usage us networks have performed well and we are much better t