Break down the key sticking points and a Worldwide Exchange exclusive ed morse making phone calls the investment is his best bet right now. Youll hear it here on Worldwide Exchange on cnbc good morning, good afternoon, good evening from wherever in the world you may be watching. From here in the states, im Brian Sullivan kicking off with the big blue. No real rbi today. Lets call this the rbi. Ibm is up some 5 in the premarket if the gains hold there on ibm and they may not if they do, that could ad 45 points to the dow at the open. Ibm your rbi it is very rare that ibm rises after earnings according to our own earnings guru, this is the 23rd eps beat. Up bigly well call it ibm, your rbi and you are making investors today a little bit of dough. 70 of the time in the past five years, your stock appears to be down after earnings. This is the eighth straight quarter where sales are flat down on the year to those highe futures, the nasdaq showing gains right now. With the move yesterday, t
New claims actually rose. And 17 Million People are still drawing Unemployment Benefits. I believe thats a negative for the overall market. Get to that in a second. Look at this. Amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. They are down in preMarket Action this morning. Hold on. All four of these giants will report their earnings later this afternoon. This is big techs big day. My opinion, these Companies Need blowout numbers to sustain their very lofty stock prices. Watch it unfold at 4 00 this afternoon on this network. Overall, i got a lot of red ink to show you. The dow is looking for a loss of over 300 points, down maybe 40 for the s p and off 131 on the nasdaq. Heres one of the negatives thats hurting the market. Emergency virus relief. It runs out in 24 hours. Congress is divided over how to replace it or extend it. Investors want more stimulus but theyre not sure they are goi
Get to your thoughts in just a minute. Golda, a Technology Reporter with axios, joining us on the phone to talk about this hearing that will be taking place at noon eastern time on cspan3, on our website cspan. Org, and you can listen on the go with our free cspan radio app. Committee iswhat holding this hearing and why . Is the House Judiciary Committee antitrust subcommittee. They are holding this hearing because they have been having an investigation of the Digital Markets and Big Tech Companies in the past few years and this is a culmination of that investigation. Host why are they investigating these companies . Guest they are investigating these Big Tech Companies, apple, amazon, google, and facebook, because amongst the democrats and some republicans, these there is a feeling that these companies are too big, take up too much of the economy, gobble up competition by acquiring Smaller Companies, and amazons case by both selling products and being a platform, and in apples case ru
Wave of protests across the country following a shooting of yet another black man, rayshard inoks, outside a wendys atlanta. All of it captured on video. First, i want to digest the market moves and bring in abigail doolittle, who has been following it all. Why such a volatile day . Abigail really a wild today. Today and overnight tonight, there was a risk off tone. There was a bit of a haven bid for bonds. Nasdaq up more than 1 . Thefixed on the nasdaq vix on the nasdaq had been above 40. At the close, below 40, so again, less fear at the end of the day. Trade, the stayathome trade. 6 , and credible, but tesla up 6 . If you believe it, that stock up more than 130 on the year. As for why, i would like to say it is something exciting, fundamentals, but that is really not the case. It has to do with the dollar. The chart in, the nasdaq 100 and white. When a dollar goes down, it helps risk assets go higher. What we had earlier today was up half a percent, now the dollar is down its call i
Are trying to create a robust commercial marketplace in lowearth orbit great we need spacex to get customers that are not nasa. We want to be a customer, but we want to be one of many customers. What we are doing is giving spacex a lot of leash. We have contracted for them to do the launch independently, but make no mistake, our engineers and our technicians have been involved in the developing of this capability, and our astronauts have been involved in it. We want to be one customer of many. We are helping to grow this commercial marketplace by being a tenant customer, but we also want to have numerous providers that are competing against each other on cost and innovation and safety, and when we achieve that it will transform how we do spaceflight. It will bring down costs and increase assets. David you talked about commercialization, which is interesting to our audience, how that works. When it comes to spacex launching a satellite, it is clear. Companies need satellites in orbit. W