That are being organized on facebook and read it buying the stock, bidding it up, causing those institutions to lose money here. Talking to the tune of billions of dollars over the past week or so for the sec, Securities Exchange commission is watching this and a sec regulator told me you might be hard for them to find a violation. Listen. I think when it comes to regulating the speech or regulating content, thats a huge challenge and certainly from a securities regulation perspective. I dont think the sec can regulate speech which everyone has the right to regulate in the sense charging a crime for doing it. What has lawmakers concerned is that robin hood is billed as a free Trading Platform had actually stopped or halted trades on gamestop and some of these others that were shorted which allowed the institutions to make back some of their money in those shorts yesterday. If robin hood said it needed the pause to collect collateral for its clearing house. They raised A Billion Dollars
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Flat theres the s p up a corner. Tech is out performing today steve, i look at the notes from all of you today and sounds like youre growing more and more cautious on where we are and more importantly where you think we could go. I think thats right. My position is simple. Were going to get a vaccine the timing is uncertain. Its not going to be distributed on a mass basis until next year. The election wasnt decided until middecember from election day to middecember, the stock traded down 8. 4 . We have a market on steroids i think you continue to see issues which is really gutting the Technology Sector which has been leading the market. We saw more today. They want to call the ceos from google and facebook down to d. C. Again. That is the current administrations platform. Lets get tough on trade lets get tough on tech. Its been disasterous or could be disasterous Going Forward when you take a look at valuations, you know, theyre very vulnerable here if i could be 1010 club, i probably
Into Historical Context the significance of the selection of Kamala Harris . Prof. Brown this is huge. She is the first woman of color, the first black and Indian American woman to serve in the senate, she is the first woman of color to be on a president ial ticket. This is monumental. There are no if sandor butz about it. There are two other white women who are there are two other white women who were Vice President ial nominees, Kamala Harris is the first woman of color. Host you are quoted as saying black women in politics are invisible and hyper visible at the same time. What do you mean by that and does this election change that . Prof. Brown i hope it changes some things. By hyper visible i mean black women are ever present. People notice them and we stick out because we are not the norm in american politics based on the simple majority of american politicians are white man. Of the American Senate are women. Any time there is someone who is a body out of place, someone who is not
Tology is once again a right spot. Nasdaq gaining 30 points. Company is planning to unveil a series of subscription bundles with its iphones this fall. Apple inching closer to the true trillion dollar milestone. Fox Business Team coverage, blake burman at the white house. Edward lawrence is in washington. We begin with blake burman. Hi, there, blake. Reporter cheryl, democrats, republicans phase four deal, 2 1 2 trillion dollars give or take apart. President trump says the biggest hangup is a fraction of that. 2 1 2 billion dollars for mailin voting and 25 billion for the post office which is what the president wants. Here is the president speaking to Maria Bartiromo earlier this morning. President trump if we dont make the deal, that means they dont get the money. They just cant have mail in universal vogt. They cant have it. Sort of a crazy thing. Reporter democrats say right there, acknowledging not going forth with those funds would restrict access to some in upcoming president ial