Welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. I am jack hal in for jack otter. Summer blockbusters breaking box office records. We see a Movie Theater revival, all ask imax ceo richard golf on to get his take on whats driving the industry in a glimpse at some upcoming releases. Then new obesity drugs are showing Health Benefits beyond weight loss. Will look at how the positive trial results are putting pressure on insurers for coverage. Later, a spinoff loophole that could make ordinary investors a quick 1000, yes please. We began with three things investors out of think about right now. The market ended mixed as tech stocks taint. July inflation rose slightly 3. 2 percent but up from the month before. Espn make it a big move in the world of Sports Betting, the company agreed to a 2 billiondollar deal with pain entertainment to create espn. Will look at the odds for stock investors to profit. Tesla cfo is leaving, the cyber truck is
Well, good wednesday morning to you. Im reena ninan. And im ryan smith in for t. J. Holmes this morning. Investigators will be back at the debris field where two planes collided midair. One of the planes a military jet, the other a small plane with two people inside. The collision raising questions about how Something Like this could happen. Heres abcs bazi kanani with the details. We need to get an ambulance. Reporter this morning, a second day of searching over miles of wood ss and marshes now littered with tires and engine parts after a horrific midair crash in south carolina. Were getting reports of two planes down. Reporter witnesses called for help just after 11 00 a. M. Sitting there and heard this boom coming from this side. Reporter the two planes, an f16 on a Training Mission out of Shaw Air Force base near charleston and a twoseat cessna 150 which had been in the air for just minutes before the crash. Its two passengers presumed dead. Authorities say the pilot of the f16 eje
Of a family like that. His Attorney Says he is cooperating with investigators. Fogel soared to fame after losing more than 200 pounds claiming he only ate Subway Sandwiches. New evidence how profitable legalized pot is for washington state. Shops that sell Recreational Marijuana sold more than 257 million worth of marijuana generating more than 64 million from the states excise tax and state and local governments have collected more than 6 million from local sales and other taxes. Thats almost double what was predicted in the first year. Twinkies are back from the dead. Its maker is no longer for sale. There are reports that the Hostess Brand is now worth as much as 2. 5 billion. The smackmaker now snubbing offers to buy it. Instead considering an initial Public Offering that can make hostess worth even more. It was rescued from bankruptcy just two years ago by turn around experts who certainly are not ding dongs. Like that line . Yeah i like that and i want a twinkie right now. Speaki
Well good wednesday morning to you. Im reena ninan. Im ryan smith in for tomorrow holmes. Investigators back at the debris field where two planes collided midair. One had two people inside. The collision raising questions about how Something Like this could happen. Heres abcs bazi kanani with the details. We need to get an ambulance. Reporter over miles of woods and marshes, tires, engine parts after a horrific midair crash. Were getting reports of two planes down. Reporter witnesses called for help just after 11 00 a. M. Sitting there and heard this boom coming from this side. Reporter the two planes an f16 on a Training Mission out of Shaw Air Force base and a twoset cessna 150 which had been in the air for just minutes before the crash. Its two passengers presumed dead. Authorities say the pilot of the f16 ejected safely parachuting down into a wooded plantation. The coast guard flying in to help seen here lowering a medic to reach the pilot. The decision to eject is a quick one, es
Reality keeps going things that arent supposed to happen and dont shy to a supposedly negative scenario. Todays stunningly good news flow finally put an end to the dows losing streak, s p climbing. 34 . Nasdaq climbing 0. 43 . Bears love to growl. Give them some honey, meaning bad news, and they are in heaven. But this markets real short of honey. Instead its filled with swarming killer bees. Good news for the bulls, and as soon as they get enough collective stings, what do they do . They head for the hills. What were todays bee stings that took our minds off washington where the yogis and bullies keep struggle to repeal obamacare . For starters theres todays Consumer Confidence level, which rocketed to the best reading since 2000. This is a tough number for the bears to believe, because is bears decided the reason why things were going north was because of the swamp. Ive said over and over again that while trumps responsible for a part of the advance, theres so much other good stuff t