Intelligence analyst, looking at a 5. 3 times price to sales basis for 2020. This is higher than netflix, which trades at 4. 7, and apple, which trades at 3. 7 times price to sale. As you know, here in San Francisco, tons of conversations about valuation, Corporate Governance, i spoke with dean munson and he said he likes the peloton filing much more than the wework filing. He liked the way they were transparent. From his perspective, it seemed like they were more transparent than other Companies Like we work. David you know better than i it is all about growth in Corporate Governance with these ipos. Where does future growth come from . Taylor continuing to expand in areas like hotel. They only tapped a little but of that market on the hardware side with the bikes and treadmills. Continuing to get those monthly subscriptions for about 39 a month. I love that you mentioned growth because we are speaking to brumberg tech who has been analyzing this stock. He likes the Topline Revenue gr
Decade, peloton tracking lower thats straight ahead. Stephanie is back. Some encouraging signs on the economy particularly in housing. We talk about this endlessly about the consumer being strong, manufacturing being weak really benefiting from low Interest Rates home sales at a 32 month high. Thats impressive. The other thing is nasdaq is up. This is where the momentum is in our economy. People are wondersing about the consumer i think its a very good sign. I own dr horton, home depot, stanley, black and decker. Im in this trade for sure dr horton is the home builder. We were talking about valuations youre talking about 12 times earnings, one and a half times book value i think theres a lot of pent up demand especially if rates stay low. You have the whole new generation, millennials starting to buy more. S p and dow down 0. 1 russell and nasdaq down more lets go to the ipos we went to peloton wild week for Companies Looking to go public and some names have already recently hit the ma
Towards the close. The s p is below the daily average, so there may be headlines that wont matter to the market because you have to look past it, but maybe they were all transfixed in watching it on tv. That is your close on that for the day. Thinking about that shuffle near record highs. Is bigger than one year. Range. The volatility there is that horrible volatility to the downside. Welp into oversold territory. We go into somewhat overbought territory. Uout. The s p 500 stalling that rsi is on its third point of a lower high, suggesting the bulls are getting weaker. This chart may suggest stocks could cool off a little bit in the weeks ahead. Im looking at mcdonalds and t. They are testing a new plantbased burger in canada. Beyond rising 10 , recouping losses. Target ofn a major shortsellers, 40 of float being used to short the company. S3 partnersrding to head of research. They are calling this burger the t, plant, lettuce, tomato. Bullsron earnings, a win. Topline revenue beats. A
Speak with the ceo. Ebays ceo steps down from his role. Who will help invigorate the floundering company . We begin with what was a historic week in washington. On tuesday, nancy pelosi formally opened an impeachment inquiry on President Trump. The investigation focuses on a phone call President Trump had with the president of ukraine and whether he betrayed the nations security is seeking to enlist a foreign power to tarnish a rival for his own political gain. In this case, the son of former Vice President joe biden. ,hile not tech related per se an Interesting Company did show up in the partial transcript of the call. That company, crowd strike. I spoke with the ceo about the mention of his company in that president ial phone call. The only reaction i have is that in 2016, we actually. Erformed this investigation we worked closely with the fbi and turned over all the forensic data, and we stand by the conclusions we have and they were backed up by the intelligence community. I think
Admissions scandal. What his time behind bars could mean for the rest of the cheating elite. Cashing in on content. Tech giants like netflix and amazon dishing out billions of dollars in the streaming wars. The hollywood titans are joining the fight. Susan fox Business Team coverage, blake burman at white house. Edward lawrence with the latest on trade in d. C. And gerri willis on the floor of the New York Stock Exchange. Lets start with blake. Reporter this ninepage whistleblower complaint alleges that some in the white house were so concerned on the july 25th call between President Trump and new uranium president zelensky, that the white house officials were concerned that the white house used the call for personal gains. That the white house lawyers made sure the call records according to the complaint and transcript were placed on lockdown. The whistleblower alleges because of that concern the transcript was then put on on to a more secure server. Here from the whistleblower compla