Date on where the various districts of the Federal Reserve think the economy stands right now. Plus, jpmorgan taking on square and paypal with a big move into the Small Business space could the banks upend the market and these highflying stocks later, gm doubling down on its autonomous ridesharing business the ceo of cruise will be here to explain why he thinks ridesharing will thrive again after the pandemic power lunch starts right now hi, everybody. Lets go to dominic chu with big movers. I have taken over tylers spot at the telustrator. I will show you because tyler told us about the whiplash weve seen on the headlines. The markets are largely pricing in a lot of nothing right now. We were marginally lower, marginally higher at one point, and now were mixed across the board. Dow industrials off 30 points. The s p 500 up 0. 1 of 1 or four handles and nasdaq composite outperforming, up 13 basis points to be specific there. 3446 the last level for the s p 500. If you take a look at so
Speaker pelosi remains optimistic about a preelection aid package. I dont know talks are continuing today not sure how Mitch Mcconnell feels about all that yeah, we got meadows on the tape too making some comments about that well get to that in a bit, guys lets start with snap. Hard to start anywhere else as they crush the estimates, revenue up 50. Rbc this morning says the growth looks less like a v and more look a check mark. And i saw you gave evan spiegel shoutouts on twitter last night. I had to. Doesnt have a lot of followers. Didnt bounce it back to me. Unlike there is some people who get right involved like one of my guests today. One thing i found that was spectacular was when i first started the street, we had a guy from advertising, he said, look, the holy grail is to get someone to start using colgate when theyre 16 snap augmented reality is all about reaching that age before they decide, you any, look, it is going to be old spice or going to be whatever, i dont know, churc
Today. Stocks higher as the president returns to the white house plus two big steps in the race for a vaccine sending shares of biontech and vir higher. And battles over how to regulate big tech over a yearlong antitrust investigation republican ken buck from colorado will join us to discuss the gops concerns about too much regulation. Power lunch starts right now welcome to power lunch. Im dominic chu. Check out shares of boeing, one of the biggest losers, down more than 2 as it says the pandemic will hurt Aircraft Sales for the next decade. American airlines delaying boeing 737 max Pilot Training as it awaits the faa to recertify the plane. And the reopening trade is reactivated on some of the positive vaccine headlines that kelly just mentioned on air and then of course the energy trade on fire right now, one of the best performing sectors as crude oil jumps, now up 9 in just the past two days. Watch those trades, the energy sector, very, very much on the up side there. Kelly, ill s
This is an interesting situation. Its captivating when professor co explains how. Options action starts right now. U. S. Markets rallied for a strong week, but the start master and mike say there is value to be found across the pacific. Break down the charts for us here, what are you looking at in japan . Before we get to the charts, what we know is yeartodate, the nikkei is virtually unchanged. The s p is up 8 . With that in mind, lets look at a few charts first, taiwan versus korea so instead of using the Taiwan Stock Exchange index or the kospi, were using the ewt for and eye for korea and what you see is their neck and neck, a set of parallel lines. Now, add in japan, ewz, the i shares for japan. Here you see the divergence. If i were to include the spy, it would look identical which is to say these are all in dollars so we have adjusted out for the currency that comparative chart is the opportunity, japan lagging. And so take a look now at the individual i shares themselves. First
And while he and his wife have overcome great challenges together. Corey we have five children. Two of them are in heaven. Lemonis . He struggles with giving her a say in the company. Laurie, this is your project. Corey no. Lemonis if i cant push him to rise to the occasion. Corey im not prepared to say, some new guy came in, now its different. Lemonis . His grand plans will never get off the ground. My name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. One of the things that appeals to me about nyc bagel deli is that people know it. Its been around a long time. Carlos two dozen . Corey a dozen and a half, carlos. Carlos all right, dozen and a half. Corey yeah, buddy. Lemoni