This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
It was placed there be did not come from u. S. Mail, they believe that the bar code was old and would not have gone through u. S. Mail. The victim was taken to Jefferson Hospital and people were evacuated from nearby apartments and homes. Pennsylvanias new attorney general has released a final report on controversial emails found on attorney general servers over the span of several years, involving state prosecutors and judges. John rawlins is live in harrisburg with more on this story. Reporter hi rick, well this is the socalled porn gate issue, a bunch of inappropriate emails circulated by some folks in the Attorney Generals Office as well as on the pennsylvania bench. A year ago then attorney general, Kathleen Kane commissioned an investigation to see if it compromised the Justice System in pennsylvania. This report was finally released today by the current a. G. , bruce beamer. The report supply nod evident to support the idea there were relationships between prosecutors and judges
Its down 1 . Shanghai is down close to 1 . We are getting news out of reuters japan manufactures may cut profit targets. That is certainly a story that the market is watching. Heres whats happening in europe. The ftse 100 in the uk is the only average that is positive although only by about. 10 . Good morning. Well get to politics in just a minute. Starbucks missed forecast for the Third Straight quarter. Customers making fewers visits. Earnings matched estimates, but revenues fell short. Changes to the Loyalty Program and happy hour weighed sales. Also cutting annual sales growth target to 10 . Chipotle experienced a drop. Free food and Safety Measures failed to bring consumers following several food born illnesses last year. Dow components is set to report this hour. Well bring you the numbers. Thats about 6 30 a. M. In about a half an hour. All right. Scott. Good to see you. Thank you for being open to the early wakeup call. Get through this together. If we were up late. No better w
Where are we . Around there. As you can see. Hanging around 44. 50 on wti and you see brent as well. Our road map this morning starts where you expect it to, donald trump, taking an ominous tone in his acceptance speech at the Republican National convention. We will bring you the highlights live from cleveland. And we have a parade of earnings this morning, stocks moving on those results, everything you need know about the reports. Ge, starbucks, at t, honeywell and a lot more. Roger ailes is out at fox. What happens next . And what it means for the entire media landscape. In his acceptance speech last night at the Republican National convention gop nominee donald trump set in the tone for a battle against Hillary Clinton. Amon javers is in cleveland and brings us more. Good morning. Good morning, david. It was a Family Affair at the Republican National convention in cleveland last flight. Donald trumps daughter ivanka introducing him to the crowd. A lot of americans will have seen iva
The david hockney, the splash from 1966. And now, more than 50 years later, its been sold. The last time it came up for auction in 2006, it made almost £3 million. The price now. Sold to you. Thank you very much. Eight times higher. More than £23 million. Its below his record price, but proof enough of his place amongst the biggest names in the global art market. David sillito, bbc news. Lets ta ke lets take a look at the weather prospects. And we have any californian sunshine . The weather could turn disruptive into the weekend, another name to storm on the way. Before that winter is still biting areas of the uk. Further snow showers in scotland, also showers in Northern Ireland and the south west
of england. The wind is a bit lighter so it feels chilly compared with recent days. The exception is in scotland, where we have cold and strong north westerly winds blowing. The ridge of High Pressure will move infora time, the ridge of High Pressure will move in for a time, which will cle