Cu through its time to risk less and make more options action starts right now. We start with a news alert. 13fs are hitting lets get to leslie with some of the details. Leslie hey, melissa, thats right. 13 app deadline is not until monday but weve seen a couple of notes hit the third point filing is out. Dan lopes made interesting moves in the tech world, notably increasing his exposures to some chinese ecommerce plays alibaba, upping that stake by about 26 , worth about 742 million at the end of the third quarter. J. D. Com, upping that stake by 37 to about 345 million at the end of the quarter in kind of the faang space, increased his space on facebook while keeping in kind of other u. S. Tech world, keeping his stakes in microsoft and pinterest at the same level. He also took stakes in two ipos. Palantir he bought for 21 million and goodrx worth 27 million. As with all of these 13 f filings, the stakes and values are as of the end of the quarter, the end of september and may have c
Atomic number of 29. Tony zhang has a play that will cu through its time to risk less and make more options action starts right now. We start with a news alert. Lets get to leslie with some of the details. Thats right. 13 app deadline is not until monday but weve seen a couple of notes hit the third point filing is out. He made interesting moves in the tech world increasing his exposures to some chinese ecommerce plays alibaba, upping that stake by about 26 , worth about 742 million at the end of the third quarter. J. D. Com, upping that stake by 37 to about 345 million at the end of the quarter in kind of the faang spaice, increased his space on facebook while keeping in kind of other u. S. Tech world, keeping his stakes in microsoft and pinterest at the same level. He also took stakes in two ipos palantir he bought for 21 million and goodrx worth 27 million. As with all of these 13 f filings, the stakes and values are as of the end of the quarter, the end of september and may have ch
Theres some interesting things in the Options Market that could keep the market down for a bit of time. I do think people are underestimating, a, youve got a good economy with a tremendous amount of stimulus coming in and i think that will continue to drive the market higher. Plus youve got a dynamic where the fed has made much of the fixed income market on investable with treasury and mortgages where they are today, when you take the earnings yield well into the 4 off next years earnings that is a pretty attractive asset class and i think it will propel the market higher so election uncertainty doesnt matter much in the near term stimulus talks, negotiations may not. How does that factor in . Its a big call that you make. Youre the one that suggests in our notes today that it mossably could happen or at least start before the election. Yeah. I mean, so listen, the election the election does matter i think what people have started to realize, since the last time i was on your show weve
Digital sales. More on that in a moment some hope on the vaccine front as well to mention j j entering trials with 60,000 volunteers though cases rising in many states here and abroad down 450 points. A sharp selloff in half an hour as kelly and frank were discussing on the show well speak with Ceo Marc Benioff well discuss how the pandemic changed business and his thoughts on oracle and tiktok deal plus more walmart is hiring tens of thousands of workers well speak to fubu founder and shark daymond john the stories were watching, mike santoli tracking action, sara with a look at nikes quarter mike, lets kick things off with you. Down 2 on s p. It seems as if really this rolling correction period in september has Unfinished Business to it didnt seem news driven though incrementally coming into the week, weak seasonal patterns a general sense if you were talking about an economic recovery, you werent getting fresh confirmation of that day to day of course nasdaq is in sell the rallies m
Unit into a separate Public Company. More on that in just a bit ibm up and all the markets up with 59 minutes left in the session. All the big stories of the day coming up. Morgan stanleys Ceo James Gorman on the back of his companys 7 billion deal today to buy Investment Firm eaton vance. Carnival giving a Business Update as the crews and travel industries continues to deal with uncertainties amid the pandemic ceo Arnold Darnell will be our guest next hour. The ceo of Amc Entertainment will join us to discuss the rollback of more blockbuster movie releases why he is staying open when some of his competitors are deciding to close lets look at the stories we are watching in the final hour of trade. Joining us to talk about regenerons push for emergency authorization for its covid19 treatment is alettia young bob, start us off on the market. There may be no stimulus, but the market is actsing like there is going to be one they have levitated themselves into believing something is going t