Comes with some of these medical breakthroughs that could yield perhaps advances that lead to people moving around, feeling more comfortable, boosting a little bit those stocks that have been most beaten down, morgan absolutely. When youre talking about reopening, you have names like disney that are moving forward with plans or some plans in florida, you have names like apple beginning to open more Retail Stores in the u. S. As well also crude is one to watch and carl just mentioned it, the fact that were seeing a bid for crude. Wti the june contract expires tomorrow and what a difference a month has made as you have seen production numbers start to come in and started to see some of the driving demand return as well gas prices at the pump up by a couple cents in the last couple weeks as more and more people are starting to come out as we start to see more of these reopenings, but, of course, longer term, as we continue to talk about over and over again, its going to be what does the t
The show. Oil finding some support from markets as we still get earnings coming out. Fiat chrysler withdrawing its full year 20 guidance. They plan to restart production as conditions allow. About 100djusted ebit million euros. Nonetheless, continuing to see withdrawn guidance. Really hard to make a decision as a Portfolio Manager when you dont know what the outlook is going to be. It is time now for todays market moving news from our brussels and new york teams. We want to begin in europe, where germanys top judges gave the ecb a threemonth ultimatum to fix qe. The court ruled that some aspects of its Asset Purchase Program arent backed by eu treaties. Going to brussels is maria tadeo. What does it actually mean, and have we seen any response from the eu on this . Maria it is a bombshell, really. The judges are basically saying overall, there is no monetary financing, which would be illegal, but some aspects of qe are unjustified, and not backed up by european treaties, which means th
Trade iing at levels we havent seen in nearly two decades amid falling demand and an expected jump in production and the virus itself remains front and center. President trump e iine ining gus until the end of april as the u. S. Cases top 150,000 weve got great guests join ing us, the ceo of medical supply Company Henry Schein and the head of amid this turbulent market with 59 minutes left, we are up 2. 8 led by helhealth care, tech and Consumer Staples lets focus in on the big stories. Meg is going to join us with the latest on testing and treatment. Kayla has the latest from lawmakers and mike is tracking all the Market Action but meg, first to you hi, guys. Lets start with Johnson Johnson. That news theyve selected their lead candidate for Vaccine Development. Really moving their stock higher and causing a lot of optimism that well see a vaccine in timelines that are faster than expected companies saying it plans to tart human Clinical Trials in september. Months faster than they pr
And, antitrust allegations. An online merchant accuses amazon of using expensive the just six to move good, a tactic that could be driving up consumer prices, but first to our top story. One of teslas detractors just got twitter burned by elon musk. After he lashed out, the tesla chief offered him to take a tour on the companys facilities. Discuss, dana hull joins us. A little of the backstory. This has been a longrunning battle. Out anuarter he puts investor letter and e line loves this, looks for this and sent a tweet expressing sympathies. Tear,las stock is on a 40 over the last month. They have to explain to investors how they got the thirdquarter wrong. Tesla stunned everybody with a profit. Remembering something that happened earlier, signofft Elon Musk Twitter . It is important to know that einhorn claps back. He responded and said i will take your offer of a tour of facilities. Lets start in buffalo. Buffalo is where tesla builds its solar panels. The state of new york wrote do
Down on account sharing. And, antitrust allegations. An online merchant accuses amazon of using expensive the just six to move good, a tactic that could be driving up consumer prices, but first to our top story. One of teslas detractors just got twitter burned by elon musk. After he lashed out, the tesla chief offered him to take a tour on the companys facilities. To discuss, dana hull joins us. Give us a little of the backstory. This has been a longrunning attle. Every quarter he puts out an investor letter and e line loves this, looks for this and sent a tweet expressing sympathies. Teslas stock is on a tear, 40 over the last month. They have to explain to investors how they got the thirdquarter wrong. Tesla stunned everybody with a rofit. Now theyve got Upcoming Product launches. Maybe im remembering something that happened earlier, but didnt elon musk signoff twitter . Like monday or tuesday . Last friday he said he was taking a break. It is important to know that einhorn has clapp