Us in a couple minutes. Plus, nova nordisk is experimenting with an obesity drug. And big tech struggles. Apple, those shares are looking for a bounce after a sixday selloff. Tesla, similar story. No longer one of the most valuable s p 500 companies. Lets begin with the 1 billion Equity Investment led by liberty strategic capital. Hes going to join us in a few moments. Got some clarifications today. More data on deposits, the percentage that are insured and so forth. I think its important to know when the former secretary of treasury did a previous deal, which was a deal involving a bank that really was one of the worst run banks in the country, came in, had the bid that was best for the ftic. The cover bid, much lower. It ended up making him a lot of money. Thats being dredged up as somehow against him. The reason i mention that is because the risks may even be bigger here. If only just because were dealing with so many rentcontrol units and the law changed ip2019 to make it so those
Good morning. Im jane pauley and this is sunday morning. Its oscar sunday. Hollywoods biggest night. As well be noting through the morning, from barbie to oppenheimer to kill a mockingbird, its been quite a year for moviegoers. But it almost didnt happen. Last years paralyzing strikes by writers, actors and other film workers all but shut down the industry, even putting tonights oscars in doubt. The strikes are now history and screens, large and small, shine brightly, a true hollywood ending thanks, in no small parts, to the efforts of one very leading lady, as tracy smith will tell us. The strike is one of the most powerful tools we have. Reporter in a strike lasting nearly four months, Fran Drescher was the face of defiance. Workers unite reporter now she is helping the town get back to business and doing to her way. What about your career on camera and producing . What . Im never going to work again. There is a plaque list with one name on it. Reporter the nanny and hollywoods new n
Market cap year alone ed and while ways chip huaweis ship that used technology from two u. S. Manufacturers. Caroline a macro environment paints the picture of a Good Environment that is not so hot that the fed cannot pull back on rates. 6 10 percent higher on the nasdaq, a new record high for the nasdaq and s p 500. Yes, tech leads the charge and ai is the area of focus, but we cvs see the s p push higher. What else do we see it clips . The record we saw on bitcoin. We get a new number. 70,000 is where we managed to push up to, we are back down briefly, but this seems to have legs. Ed, what do you have going . Ed lets start with rivian a day two, feelgood vibe after it unveiled its are two. For me pausing plans for a new factory in georgia. Broadcom earnings, sales missed in the order, but their outlook for this fiscal year is saying that ai is going to contribute to growth early 5 . Theyd previously said 25 . These are the u. S. Chip makers that are implicated in this scoop from bloo
For the first time as the Digital Currency continues its rally. Ophelia snyder of 21shares joins us to discuss. Caroline and we will be joined by funeral close look to talk about one year after the closure of Silicon Valley bank and we will be joined by vinod khosla to talk about one year after the closure of Silicon Valley bank. We eye big macro points. Basically, where is Inflationary Pressure taking us . Looking at the 10 year yield, up only some two basis points now. Still fading some that initial selloff but still carrying over from friday. Globally speaking, seeing a little bit of bottom picking in china at last. It seems after we wrapped up the focus on the Overall Party and the future of the economic trajectory, china up about 2. 6 on chinese trading names in the u. S. That is the Golden Dragon index i look at. Next, the area that moves apart from the risk concern we see of equity market and continues to power ever higher. Ed will dig into why the u. K. s looking favorably at b
Through the roof. Liz dont ask when you see me, tough, thank you very much. Around 10 30 a. M. It had 70,000, it would pass a new record to a higher one. 70,000 one hundred 75 after you see it retreated, stand at 69,000 but pretty fascinating as we see that. We are looking at a cliffhanger in the markets as we kick off the final hour of trade. The Dow Jones Industrials looks to be down a fraction, 0. 4 for the week. It is gaining 108 points. The s p down points, they eke out a weekly win. If it does, that would be the 17th of 19 weeks that it has won. If it does that, the best streak since april 1964, we have the s p down 0. 1 , for the week, up 0. 2 . Weve got to stay tuned it to see if we get that 17 of 19. Utilities and materials, not technology but the drivers remain staggeringly narrow. Nvidia, meta, amazon and microsoft drove have to gains last month. Nvidia hit a fresh record today, 970. That was 10 thirty eastern time. Look at the price, it has retreated, 888, down 0. 4 at the