The dow industrials this wednesday morning are going to go up about 170 odd points at the opening bell. S p, modest gain. A fractional loss, though, for the nasdaq which is at the 11,000 level. Stocks overall getting help from the virus relief talks. Mitch mcconnell talking compromise. Senator schumer talking concessions from both sides. Theyre looking for a deal by the end of this week. My opinion, there is no way Congress Leaves Town friday without spending at least a trillion dollars. I think a deal is coming and the market likes it. Two stocks in the news and moving. Disney, up sharply despite losing 5 billion during the pandemic lockdown. Disney plus has 60. 5 million paid subscribers, 100 million overall and they are starting another streaming service next year. All of that helps. Disney is up seven. Novavax, their phase one trial showed their vaccine to be safe and created an immune response. That stock is way up, 30 bucks a share on the upside. All right. Something different. L
Trevor noah. Trevor lets kick things off with some good news. Ill give you a home to remember what that is. When the coronavirus pandemic hit, scientists said it could be a year to 18 months before we got a vaccine, but just Like High School seniors on prom night, things are moving faster than expected. Encouraging news as several companies rush to develop a vaccine against the coronavirus. There are promising results in early trials of at least three potential vaccine. One developed by the university of oxford astrazeneca. Results say it is safe and produced an immune response in patients. Another in cansino biologics, is said to have presented i cant bodies in a month. Another pfizer and biontech. Trevor this is exciting. Not one, not two but three vaccines . And isnt the story of life . One moment you have too little, the next moment youre overwhelmed with options. Three vaccines . Which one do i choose . The chinese one, the oxford one. This is so hard. Can i get a scoop of each. Y
Results say it is safe and produced an immune response in patients. Another in cansino biologics, is said to have presented i cant bodies in a month. Another pfizer and biontech. Trevor this is exciting. Not one, not two but three vaccines . And isnt the story of life . One moment you have too little, the next moment youre overwhelmed with options. Three vaccines . Which one do i choose . The chinese one, the oxford one. This is so hard. Can i get a scoop of each. Yeah, a scoop of each. Part of me likes the fact they arent made in america. America is one country where people will let politics to stop them from getting the veeps. I dont want that trump vaccine. Im resisting a Biden Vaccine is a liberal trap. You think its a coincidence that coronavirus has the letters a, o and c in it . Now, as hopeful as this is i please remember there are a lot of steps between now and a full vaccine. I mean, need to finish the trials, they need to ramp up the vaccine production, plus they need to pro
Apple. Josh lipton has the latest reporter apple says the stock split is to make the stock more accessible to a broad base of investors iphone revenue is blowing past expectations 26. 4 billion. I did have the chance to catch up with apples ceo tim cook we talked about those iphone demand trends and the mix in the quarter. Cook telling me iphone 11 is the most popular iphone and we had a great launch, he says, on iphone se during the quarter. It was also very strong, an uptick in switchers, meaning android switchers, that we were happy to see and the iphone se is clearly helping with that i asked cook about those broader work from home trends, how is that benefiting apples products and services during the quarter. Cook says it definitely is, it definitely has boosted, cook saying, mac and ipad, we see those picking up for productivity weve son several school buys of ipads. We have the strongest lineup in both mac and ipads than weve ever had, a combination of those coming together at t
Burning documents, not shredding them burning them, China Threatens to retaliate and feels and looks like a new cold war. We have a significant turn in the fight against a virus, President Trump says its going to get worse before it gets better. A clear sign that the economic effects will drag on past the election. However, the trump team signed a contract with pfizer with 100 million vaccine doses. America gets the vaccine first, they pay pfizer 1. 1 billion and the cost to you, 0. Two stocks, got to watch them all day long, microsoft and tesla, the Financial Results reported around 4 00 oclock eastern this afternoon, in advance of that those stocks are on the upside. By the way, as of right now tesla is the most valuable car company in the world worth more than gm, ford, and honda combined. And microsoft at 1. 5 trillion is the second most valuable company right behind apple. We have big news on real estate two, applications for mortgages to buy a home of 19 over last year. Refi appl