Theyre raise something 130 billion in market value between them just today. Tesla, also down 4 in the likes of amazon, alphabet not far behind lawmakers continue to work on aadditional stimulus package with new details coming out about individual and corporate ap dow down 330 points with 59 minutes left in the session, sara coming up, tech investor dan niles will be here to make sense of the late day selloff in technology stocks. With the nasdaq down 2 . Plus, well talk to john rogers about his take on the market and the areas hes investing in right now. And more earnings coming your way after the close including intel, etrade, mattel and apple supplier sky works we bring you the numbers as soon as they hit the tape with one hour left of trade, lets focus in on the stories. We have details on the increasingly heated rhetoric between washington and beijing phil lebeau has comments start us off with the Broader Market and tech especially not getting the love today tech is overheated. Loo
Because they keep getting it right and individual investors are listening to them. Dave portnoy and tom lee. Big tech getting ganged up from both sides left and ride. As social media execs say they will go to the hill and plead their case. We will have congressman guy rest send thaler. That and much more on making money. Charles folks it is a familiar pattern. Nasdaq higher, dow and s p lower somewhere stuck in the middle. There are two buckets of buyers out there, chasing hot Growth Stocks which seem to get higher upgrades and targets every single morning. In fact this morning jeffries raised their target on tesla, they think it is 1200 bucks. Yesterday they thought it was 650. There is another bucket of folks to look to buy value names on dips. Investor psyche on display before the open when ceo of delta told folks on the conference call, shareholders that 500 employees contracted covid19 and 10 died. Airline stocks and boeing swooned but keep in mind that company has 393,000 employe
India and bangladesh forcing millions to flee but winds and rain are not the only threat the storm is also jeopardizing the countrys virus response and is germanys top court says spying outside the country is unconstitutional but will ask does the ruling come at the cost of protecting national security. I bring to our viewers on p. B. S. In the United States and all around the world welcome u. S. President donald trump has threatened to withdraw the United States from the World Health Organization and to permanently end it u. S. Funding in a letter to the u. N. Bodies director general trump accuses the organization of mishandling the global Coronavirus Response and demands change based on his criticisms and for those changes to come within the next month beijing has described trumps comments as a smear campaign. Was between donald trump. And china has continued into a 2nd day after the us president s public letter threatening to leave the w h a permanent lee on monday basically they ha
Storms are only threats its also jeopardizing the countrys Coronavirus Response. Welcome to the program us President Donald Trump has threatened to withdraw the United States from the World Health Organization and permanently and u. S. Funding in a letter to the un bodies tarik to general mr trump demands changes based on his criticisms within 30 days he accuses the organization of mishandling the global Coronavirus Response and being a puppet of china china describes the comments as a Smear Campaign and and their cues as mr trump of the United States has responsibilities. Final this isnt fully defunct but w. Even before trump had issued his in century letter to the World Health Organization it was clear he was about to attack. But i think theyve done a. Very sad job in the last period of time. And again the United States pays them 450000000. 00 a year china pays them 38000000000. 00 a year and theyre a puppet of china. China centric to put it nicer but theyre a puppet of china those c
You can be seated at the witness table. I want to introduce mr. Mike bowen. Mr. Bowen is the executive vice ameritech,f prestige which is americas largest medical surgical mask maker. Your story is a very powerful one. To my colleagues, mr. Bowen has wins i think, really he an award for tenacity, because over three president ial administrations, he has been banging on the door warning, asking for, pointing out the america has a dangerous dependence on Foreign Countries for products that we need here at home. So this is very important testimony and we welcome you. We thank you for traveling to be with us today with all the extenuating circumstances to travel. We are very grateful to you. So you are not recognized for your statement now recognized for your statement. And then you will hear from the members. I am sure both your statement will provoke questions and that you will get good ones from both sides of the aisle. I should add something here, and that is, this issue of our terrible