The gym before wisconsin is recognized for five minutes. I think the chair. Let me start with you if i can, mr. Johnson. The cfpb can see that it quote lacks sufficient information of substantial number of known Market Participants necessary to estimate their larger participant status, end quote. In other words, they dont know the data can then have the data to and how Many Companies will be swept under the role. It of how much the rule really consult with the full market impacts could be. Cfpb uscirf under cfpb. With this the unusual in your professional opinion . I think would be unusual and certainly present a challenge risk. In some ways this is bureaus response to an executive order and revise guidance or omb regarding the relaxing of standards for costbenefit analysis. I appreciate that. I continue to have concert cfpb isnt doing a proper costbenefit analysis and the fact we dont have data that will be swept in and residual ethic is currently concerning. Let me continue on which
Caroline we return to our new york coverage, geopolitical concerns at play. We know how difficult the conversations will be from a diplomatic perspective. Big mega caps are on the downward trajectory as yields are pressing higher as we anticipate an auction. Many anticipating they will be pushed higher as the fed will have to push back on inflationary pressures. We are seeing downward trajectory on chinese stocks traded here in the u. S. We have seen better than anticipated macro picture coming from china questioning the veracity of the data and when we plug in terms of momentum amid the geopolitical tension and the pushback of sales into china. Bitcoin is up. 73 . Ed china is the key story particularly in the context of u. S. Technology curbs to china. I want to go to asml, a proportion of their orders are coming from china so they have had to address the latest expansion of curbs. 1015 of their shipments will be impacted by these structures. The more direct impact on nvidia dropping
Now. Amc up 10 . Sunpower corporation has dropped. Watch that volatility. And our good friends at black berry are up a little over 1. 5 after what was a wild, wide ride yesterday. Well talk more about that and the implications of that. Are we back . Are we back . Its like going in a time machine. Treasury yields, we should mention this. Copper prices hitting a record high overnight. 5. 02 per pound in an effort to build the global economist maybe something well talk about with our secret mystery guest who knows a lot about evs and cars and other things. So gamestops up, sorkin, today. It is. But not as much as it was. It opened at almost 65 yesterday. It did. It closed at 48. It did. Today were in the mid50s. Were not hitting the crazy high we hit yesterday. Im torn. Theres no doubt, i agree with you, its like certifiably insane, but then there are people that write in, so you clowns think its okay for hedge funds to have naked shorts and do this and do that, but its not okay when the
If its twisted im good to go. Liz good to see you. Thank you so much. Breaking news on this monday we could be 59 minutes away from finally finding out if cbs news, mtv and paramount plus maybe are a step closer to a new owner, paramount that controls the entertainment names and so much more reports earnings after the bell and months of speculation it appears there is a rush to make some kind of announcement involving sale to the spy dance. Three to half those are still well off annual highs when you look at it at 12. 33. The annual high 24, will common shareholders be left holding the bag or is a better deal the works . Charlie gasparino is working the phones. He will come up in just a few minutes. After a riproaring week with s p and nasdaq enjoyed the best performance this entire year we have stocks back at the green on this monday, Dow Jones Industrial 79 points, the s p gaining about three lets say the nasdaq will come ten points to the upside, the russell 2000 up 11 points. To th
Automakers and electric Vehicle Market . We discuss that anymore plus, check on the markets because it is a down day. More volatility comes as the options expire. Nasdaq off by 1. 3 per year feeling the pain. So too is the nvidia. Tmc ask major suppliers to potentially delay shipment of equipment. With the seat with her or not bloomberg can conform those reports but the chip sector down by 2. 4 percent. Bitcoin on the downside. Individual movers i want to get to you because we have seen the likes of adobe underwhelming down by 3. 8 . The numbers come in line but not good enough and though they did see continued strength in the media business. Apple on the downside is we saw Strong Demand for the ipo 15, iphone 15. The comeback is here. This week was the biggest debut of the year. Speaking with the ceo rene husk who was confident in the outcome for his business. With a unique Business Model biggest is the ability to have a good vision in the future when people use our products. Relative