Instagram. Shares of facebook plunging on friday. The stocks opening up dismally today but then leveling out and ended the day up 2 . Discuss, earlyto facebook investor and elevation orders cofounder, and also the. Thor of the book, zucked this seems different. I dont recall any time that so many major brands all at once joined a boycott against facebook on the grounds of civil rights. Would you say this is different as well . Definitely. Is part andthis parcel. Think about how different the world is today from three months ago. First, the pandemic, then the economic decline that went with it, then since the murder of george floyd, we have an awakening on issues of racism and civil rights that i believe have affected every part of the American Economy and our society. Emily so, why now . Abigail again, roger again, i think if you think about this from the perspective of an investor or advertiser, facebook gave the ability for the advertiser to reach audiences with a level of precision
From the Airline Industry as weve peers set to receive a 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder dropped his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation the airline lost 10300000000. 00 in the 1st quarter of this year at the companys Shareholder Meeting on thursday lou lou thousands of board chair carl loued with clay warned that voting against the deal would mean taking a big risk. You know. We have run out of money to this day we live on the reserves we set aside during the good years but soon we will have used most of it without support the looms in the next few days. The chairman also addressed the terms of the deal which include the German Government taking a 20 percent stake in the airline. Yes firstly the states
Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Consumer cellular offers nocontract wireless plans that are designed to help you do more of the things you enjoy. Whether youre a talker, texter, browser, photographer, ev a bit oything, our u. S. Based Customer Service team is here to find a plan that fits you. To learn more, go to consumercellular. Tv the john s. And james l. Knight foundation. Fostering informed and engaged communities. More at kf. Org. And with the ongoing support oesf institutions and friends the newshour. Ro thisam was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viters like you. Nk you. Ruff america enters thi weekend still echoing with outrage over the killing of george floyd in minneapolis. But, the is also news of onomic recovery, with more than two million jobs added last month. The president melded the two today, and quickly d
Legendary Silicon Valley venture capitalist tim draper, he was a very early investor in twitter. We have him in a fox business exclusive on exactly what he thinks and how serious he believes this new move by President Trump ostensibly against twitter and other social media names might really mean for Silicon Valley. And we are looking at many different stories at this hour, specifically let the bidding wars begin. Yeah, the Housing Market. How about that. We know that more states are allowing the reopening of so many different businesses, including Real Estate Brokers who had been during the lockdown banned from pretty much facing facetoface potential buyers. Re realogys ceo is here on just how strong he believes the snapback in recovery for the real estate business really truly is going to be. And the coronavirus lockdowns have taken a toll on americans Mental Health. The hottest app in wellness, in the wellness world, is now focused on pretty much helping you get your mind in the rig
Expected to make 4 billion in this current quarter, they will plow most if not all of their money right back into the business on what are being called covid expenses. Typically this company gets a case they ares not, probably because this case far the stock went too too fast, so giving a lot of that back. Far, too fast, tesla had been a double, but down about 11 . Down aboutlook 11 but it ceo gave it a push. Abigail i would agree on that, it is hard to interpret these tweets. Elon musk tweeted saying that the stock is too high in his opinion. He also put out a couple other tweets saying that he is selling many of his physical possessions including not owning a house, get people back the freedom. It is he is known for shooting off the cup in terms of treating, so it is hard to know how serious he is. M a valuation stand for standpoint, the stock is too expensive, 31 times enterprise value, and the chart, this chart is caught in what could be a double pop. If this were to confirm, and t