Mike pence, the man donald trump picked to be his running mate, and he will give what many are calling the biggest speech of his career, michelle. First, weve got to talk about the speech we just heard from ted cruz, on full display, again tonight. The deep divisions in the Republican Party. Ted cruz comes out, he congratulates trump. No full endorsement. He endorses his positions, endorses building the wall, and there are boos, as he rounds up the speech, finishes out with a fullthroated endorsement of donald trump. Heres what he said. So that when we are old and gray, and when our work is done, and we give those we love one final kiss goodbye, we will be able to say, freedom matters, and i was part of something beautiful. There were boos, you could hear them. It was really a stunning moment, because ted cruz was not only not sborgz druendorsing do, he was congratulating him, and he made repeated references to values and principles that he clearly believes that donald trump does not s
A slightly lower open. European markets have, well, weve been hearing from the ecb although not much action, there it is, at least the equity markets at this point lower, though fractionally so you have to say. How is the 10year note yield doing and crude oil, theres a look. 1. 6, 1. 6. Wow. Things are getting crazy there. Crazy. Wti you can see is right around 45, 50 or so this morning. Lets get to our road map. It starts with day four of the Republican National convention in cleveland. Ted cruz was booed, mike pence delivered his speech, and they are gearing up for trumps speech tonight. We will go there live. Elon musk is revealing his master plan for tesla. Part two, by the way. How realistic are his bigtime ambitions for this company . Qualcomm, intel, ebay, southwest, and more, all are on the move this morning after earnings. In fact, i mean it goes on and on biogen, travelers, american express. We will try to get to all of them or as many as we can, give you the numbers you need
cheers and applause . Larry thank you very much. Thank you, such a good crowd. Welcome to the show. Welcome to the nightly show. Im larry wilmore. Thank you, maam, thank you very much. So we begin tonight with america. Well, just in time for the fourth of july the makers of budweiser are looking to replace budweiser with america on its labels this summer. Larry yeah, thats right. And now that its called america, they of course had to change the shape of the can. laughter applause yeah, hmmmm, hmmmm, thats got to have a little fat in it, man, thats how i like it. Also in unfortunate news due to copyright infringe. America ferrera was forced to change her name to budweiser ferrera. I know, thats just unfair. Its so sad for her. Okay, moving on. So you remember our old friend ted cruz, president ial candidate, zodiac killer, all around creepy guy, right, right . Okay. Just when we thought we had heard the last of grandpa munster and heidi, his wife, his wife addressed some of their suppor
Thank you very much welcome to the nightly show im larry wilmore. Great crowd tonight what a week it has been audience chanting larry thank you so much. We have to get this going. I appreciate the larrylarry train, i get it. But there is a very significant train this week. The Republican National convention in cleveland. Lets check in with the unblackening. screaming donald trump accepts the nomination and addresses the nation. laughter larry its really happening, you guys earlier this evening, donald trump accepted the republican nomination to be president of the United States we taped our show before this happened, so we dont know if anyone is receiving this transmission, as the earth may already be a singed wasteland at this point. We dont know. laughter but last night was the night to roll out the vp, mike pence, also known as jonny quests body guard, race bannon. laughter yeah, remember that . Come on come on applause he did so well in his speech, the presumptive nominee came out
Been pushing the stock markets to higher levels too. Its huchl nature, but you know you cant scott, you can confirm this for me. Youre on half time report and youre our market watcher. You have a bunch of smart guys, staide traders and stuff. You cant hit new highs unless youre very close to the high. Yes. If youre 2,000 points below the old high, you cant make thats awfully difficult. Is this your insight for the dwa . No, im trytology give it to the market people that come on whenever we get close to the old highs and say this isov overdon they get used to a tlad ugh range. When it breaks out. Its probably a reason that it breaks through old highs that its got some momentum. How many times did it get close before and fail. In the last two years, but. It failed almost every time. If it did all this turning and rotations, all these if its already built a firmer, nonfed induced base, based on 4. 9 unemployment and jobs growth, weve been through the earnings recession. Maybe were startin