Seasonality or much ado about nothing. Here is a good thing we get a chance to ask some of the best in the business this hour. All hail the new king, nvidia. Wait until you hear what one wall street legend sold to load up on the new king of all stocks. Plus well look at the true state of the economy and the consumer. How much longer can we keep pulling this off . You do not want to miss my takeaway on the homeless crisis should have america hanging its head in shame. All that and so much more on making money. Charles we should have had those trumpets they play, right . Because all hell, is official coronation, the new king of the stock market, nvidia. 36 buy recommendations on it. There were 31. Folks are loading up on this stock. Its really, really crazy. Here is the thing, seven overweights. Used to be three. One firm holding out right now, just one firm with an underweight rating on it. Obviously no firms have a sell signal on it. Here is the thing, wall street was waiting for a cha
A decline of 10 yesterday because of disapointrtificial intelligen disappointing sales they have been changing their strategy are they on the right track if they get the inventory right . I dont know. Theyve been seeing Phenomenal Growth for the first three quarters of the year 25 for the Fourth Quarter because of televisions and electronics instead of the everyday items. It says here they had so many tvs and toys they ran out of toilet paper they had no toilet paper to sell, okay which is important for a basic store like walmart do the maslow hierarchy of needs, survival, food. Before the big screen tvs and surround sound, there is the toilet paper its not just the inventory issues, its focusing on customers, theyve been spending on marketing, trying to bring in urban, younger customers now focusing more on the basic customers and bringing them in to walmart. Com does amazon know how to do this better than walmart amazon has had some practice. We will look at the u. S. Equity futures.
The condition unknown. There may be additional victims. The mayor of chattanooga is calling it a horrific condition. Chattanooga state Community College is in lockdown. We anticipate there will be a News Conference. Some estimates have it in the next 30 minutes. Others vary on that. We dont have confirmation on when that will occur. Once again, the navy is responding to inquiries and confirming that there has been a shooptsing at ing shooting at one of its facilities. Possibly a second shootinging at another. The atf is heading to the scene and we will keep you posted. We know of one victim condition unknown. But theyre saying that there may be additional victims. Sue, i know you may not know the answer to this question. Is there a suspect . I presume no one is in custody and it is still being treated as an active shooter situation. Were not sure if it is an active shooter situation. We dont know whether anyone is in custody. So at this point because we dont know whether anyone is in c
Finally a quick look at crude. You can buy a barrel of wti crude for 47. 49. Here are the big stories were watching. A phishing attack has targeted googles 1 billion gmail users. An email coming from a trusted source asks you to open a google document and it redirects you to a page to open a google goc pdo page, which then trooef retrie email addresses. Tim cook saying apple will start a 1 million fund to promote manufacturing jobs in the United States. Were creating an advanced manufacturing fund. Were initially putting 1 billion fund in the fund. This i did not know about. Were announcing it today, youre the first person im telling. And im not the first person, because we have talked to a company that were going to invest in, already. But this a billion dollars of apples 256 billion. A billion dollars of our u. S. Money, that we have to borrow to get, thats a whole other topic, but were really proud to do it. And by doing that, we can be the ripple in the pond, because if we can crea
And later, exclusive access inside the 50 million mansion that tequila built. Break out your saltshakers and your lime wedges because power lunch starts right now. And welcome to power lunch. Im melissa lee. The record rally rolling on. The dow, s p and nasdaq, transports all hitting record highs in todays session although were take a bit of a pause right now. Sps and nasdaq just off the highs. If the dow holds at this level it would be posting its first threeday winning streak of the year. Im Brian Sullivan along with michelle carusocabrera. Know whats not hitting records . The mexico etf. The eww. That is falling hard on the news out in the past hour or so the mexican president will cancel his planned working Group Meeting with President Trump that eww down 2. 3 . That meeting was supposed to happen on tuesday. We are also awaiting President Trump. Hes about to speak in philadelphia. The big republican retreat. We will bring it to you when he begins. Its going to be the first we hear