It pushes the companys valuation to 10 billion. We will hear from the ceo of aurora. With dizzying market rallies, ipos, couldnt we all use some calm . Of all talk to the coceo , valuation has doubled. U. S. Stocks climbing twoway record amid stimulus discussions. Lets get to Abigail Doolittle in new york to break it all down. Walk us through the day. Abigail it turned out to be a bullish reversal at the end of the day. There were pretty steep declines for the major averages. Today, the vaccine was launched. Pfizers vaccine started distribution in the u. K. There were record highs by the afternoon, and nasdaq at another record high. Chewy. Com and gamestop. They put up a pretty strong quarter, they beat estimates. The sixth sales beat in a row. I am not sure what is weighing on them as of this moment. Active customers increased, including myself. The website allows you to order for your pets. The results certainly proved it. Gamestop put up a disappointing quarter, missing sales. The s
Apple reports, by the way, apples plan for new faster chips behind that. And you see it there call it snowflake soar since its ceo raking it in every month jim cramer says hes worth every penny, carl. Thats a lot of pennies well talk about that, guys. We mentioned, jim, all the stuff thats coming at us in the coming weeks or the coming days, rather including some investing meetings, crm, adobe, disney and starbucks. A lot of companies that are doing incredibly well and we should also be thinking not just here but worldwide i think its kind of shocking to see that other than the banks in europe, almost everything is doing well all over the place, including these companies which are very international companies. But i think disney has a great story to tell when it comes to plus adobe has a great story to tell when it comes to all the things theyre doing and starbucks it looks like were getting comments saying, look, theyre doing better than we thought and thats also international. All th
Welcome, everyone, the kboel im sara eisen, here with wilfred frost. Pfizer says its covid19 vaccine candidate developed with biointech is more than 90 effective in preventing covid19 in a phase three study the cow and s p 500 hitting record highs in todays session, this after strong gains last week as well as the Election Results come into sharp focus. Seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stayathome winners like zoom, peloton, and amazon are coming back to earth. Nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. Nasdaq hovering around the flat line. Big gains for the dow. Coming up on the show, a massive guests line ups. We will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak. The chamber of com
Kolanovic, just named number one in two categories, equity linked strategy and added to institutional researchers hall of fame. Its a big billing marko, welcome thank you, scott. Lets talk about where we are now and where we were when you made a big and important call back on march 24th, you said the following many taking into account the unprecedented monetary and fiscal measures being implemented as well unprecedented ambassador et sse over thepath month, our equity target is achievable in 2021 we sit about 4 away on the s p. It was a great call. I know our viewers want to know where you think were going now, though thank you, scott. So we are still broadly positive on the equities. As you said, we came a long way from march our price target right now is 360 for the s p 500. Obviously there is an important cat list so there is a relation based on the outcomes but broadly still positive what is it based on what can people take from this price target, which the team over at jpmorgan, w
Mnuchin again today and we will hear from the treasury secretary in a few minutes at delivering alpha. Plus palantirs public debut, backed by peter thiel, it will be a direct listing at the New York Stock Exchange, lots to discuss there. And covid optimism, regeneron saying its treatment cocktail helps in the early stages of the virus and we will talk with the companys cofounder and chief science officer polarity on this hour jim, of course, you have to get the debate out of the way, everybody is talking about that and were going to hear the argument that if you look at futures and even some of the Prediction Markets today, theres an argument that the debate really didnt change the broad contours of the race. Before we got pmi, before we got this little squib from speaker pelosi, the futures were down very big. I was watching dom this morning, it looked like the market would be very ugly and i think that was because of arecognition that there was no way you could possibly have any sort