Pfizers chairman admits that theyre not sure if someone can transmit the virus after vaccination. And call it a box office reset, warner bros. Will release films simultaneously in theaters and streaming platform hbo max it is a seismic change, carl, in the economics for those related to the film business and well certainly be willing to and happy to take a closer look and discuss it. Yeah. Fascinating change in the economics there. But, guys, jobs numbers, the story of the morning, jim, not just the number itself and the trend it outline, but the degree to which it is going to color the debate on capitol hill today and maybe next week. I think it is enough ammo to say, look, we have to do something, there is some areas of the economy that just are cannot be sustained. Dont forget, these numbers are ahead of what will be a gigantic eviction notice that more than maybe more than 13 Million People get in january. I think this number is just enough to be able to say, lets compromise it is
Decade, peloton tracking lower thats straight ahead. Stephanie is back. Some encouraging signs on the economy particularly in housing. We talk about this endlessly about the consumer being strong, manufacturing being weak really benefiting from low Interest Rates home sales at a 32 month high. Thats impressive. The other thing is nasdaq is up. This is where the momentum is in our economy. People are wondersing about the consumer i think its a very good sign. I own dr horton, home depot, stanley, black and decker. Im in this trade for sure dr horton is the home builder. We were talking about valuations youre talking about 12 times earnings, one and a half times book value i think theres a lot of pent up demand especially if rates stay low. You have the whole new generation, millennials starting to buy more. S p and dow down 0. 1 russell and nasdaq down more lets go to the ipos we went to peloton wild week for Companies Looking to go public and some names have already recently hit the ma
Comments on the call, disney ceo bob igor stressing that the lower than expected results on the quarter are results of the big changes he implemented at the company, both foxs acquisition and disneys pivot to embrace the direct to consumer business theyre investing in right now igor Just Announced consumers will be able to subscribe to a bundle of their services for 12. 99, they will get hulu, espn and disney plus, worth noting it is the same cost as netflix. Take a listen to his comment here. Our results reflect our efforts to integrate the assets, businesses and talent we acquired in order to enhance and advance our Strategic Transformation implementation of the integration plan is well under way. A complex process given the magnitude of the endeavor, and we remain confident in our ability to successfully execute our strategy reporter cfo Christine Mccarthy saying that the acquisition of 21st century fox and taking control of hulu will have a dilutive impact on the fiscal First Quart
As the British Asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. And china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawnout trade war. The nato secretarygeneral tells cnbc the tension goes beyond trade. We need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. A very warm welcome to street signs. As you can see, a fragile calm taking hold of markets today in europe this follows a mixed session in asia and a rebound on wall street the stoxx 600 trading about 0. 7 higher the calm really has come on the dak back of stabilization in the yuan the pboc fixed the Reference Point for the yuan slightly weaker than expected, but overall no more escalation in the u. S. china trade tensions and currency tensions. We have plenty of corporate earnings coming through today in europe let
Negativity and cynicism and a picayune way of thinking about how stocks are hostages to an allpowerful fed the dow jumping 457 points s p gaining 2. 1 nasdaq pole vaulting 2. 9 the house of pleasure we need to analyze why so many people didnt want to buy a stock that tacked on a record 277 billion in one day encompassing a record held by meta for the largest single session gain in stock market history. Hallelujah first lets just say i did my best to get you in it. Ive been recommending nvidia endlessly for multiple times a week both here and in the club for a decade now i knew early on that i had the by far the fastest processors because one of my Old Hedge Fund clients was on the board of intel back in the day, was always upset intel refused to get into the speedy graphic processing unit. But then ceo andy grove bridled at the thought back then gaming chips were considered low end and not good for anything beyond pretty video game graphics. They were cheap, they were cheesy, they were