Already in. Meantime of course the president refusing to concede the election repeating his baseless claims that the election was a fraud. Lets go to carol lee standing by for us in washington. Welcome to you. What did the president say today if anything on this . He made a number of very familiar being aing could yaccud that wont sound new to you, but he continues to make them. He also vented a range of frustrations on everyone from his own Justice Department to the governor of georgia who is a republican and ale lie. T ally. The president said he was ashamed that he endorsed him. And he took aim at the Judicial System Making Unfounded accusations of unfairness there. Take a listen. They dont want to take the affidavits. Then they say we dont have proof. I wanted to file one suit, donald j. Trump president of the United States against, you know and put everything into one simple suit and they say sir, you dont have standing. I say i dont have standing. You mean as president of the Uni
Mastercard center and we are joining with the global erinnovators group on this effot to present the presentation today. We are very honored that elizabeth of cnn is leading the conversation and as a reminder, you can submit questions when you registered and we are happy to get to those questions as part of the conversation so thank you all and welcome, elizabeth. Peggy, thank you so much and i am so glad to be here with all of these wonderful panelists we are goingha to have with us. For nearly ten months into this outbreak, covid19 is exposing deepep inequities into the systm worldwide. Right now this virusac has killd more than a Million People worldwide. Its infected more than p Million People, millions left without work and economies have been left. Nany left in terrible shape so how do we ensure that Vaccine Development and Distribution Process is unhindered by domestic and international geopolitics. Id like to introduce the guests, kathleenen sebelius is e of Americas National G
Continuing to be all about tech. Surging since the best monthly performance since 2000 u. S. Equity futures, youll see at this point you are looking at some green arrows across the board. Nasdaq indicated up. Dow is up, so is the s p 500 well talk about zoom. It is those Technology Stocks leading the way. Looking here to date, they are up more than expected. Looking at the treasury market, it looks like the 10year is yielding around the same amount of 0. 726 . Zoom, huge news. Right now, top single stock of the day is zoom the stock is on fire that may be the least impressive thing. Jumped over 300 year over year. Free cash flow up 2,000 year over year. New customer subscriptions delivered 81 of the Revenue Growth and less customer churn than expected. Kelly will join us to dig through the quarter at 8 30 eastern time stock up 80 right now how would you like to be in a business where your Free Cash Flow was up 2,000 it sounds like a kids lemonade stand. Thats what has happened to zoom
So much for these phrases that we love. Lisa we learned something yesterday. We take that pile of cash and split it into quarters and then you have more money. That is what we learn from our end has left. Apple and tesla. Tom we are doing a lot of strategies,equity fixed income strategies. Futures up, another equity lift to the markets. Lets get right to the morning brief. Lisa we are going to get the manufacturing data for the month of august at 10 00 a. M. Youre getting, u. S. July construction spending. Housing, red hot. We are likely to see more edification of that trend. Look at lumber prices tripling. U. S. August to get wards total vehicle sales. There may be cooling there. What does this mean about how much money people have to spend . Also today, President Trump visiting kenosha, wisconsin against the wishes of some local officials to discuss recent events that have transpired there, the death of one of his supporters, the rioting come of the protests the rioting, the protests
September. What is interesting, with the this on the screen, unconventional transaction of tesla. Additional 5an billion of shares geared toward perhaps the nonmainstream, the nonwall street crowd. Tesla is interesting because people using bubble with stocks. 2 tesla. Tom a recent secondary, even with moonshot on the markets. This will not be publicly offered. It will be Equity Distribution and distributed by banks as tesla chooses. Somewhat akin to what we saw with lesser successes. Here,l be widely studied the why of this transaction as well as the need for 5 million they are looking for. Here andarkably up big still elevated from where they were. What else are you looking at . Ina the story today markets, aside from tesla, is the dollar and the question of whether people are going to say this is the end of dollar supremacy or if this is just an indication of the low yield, the negative real yield and this idea of global trade. It is the two sides of the story. Tom not only yields do