Secretary mnuchin resuming talks and as carl just said, stocks are set to rally at the open despite ongoing fears, where are the opportunities for investors . Were going to have a look at the sectors and the stocks that could still be poised for growth in this ongoing and still a covid market as we say, carl, with cases at highs in many states yeah. Indeed though, jim, although there is a lot going on this morning, got to start with the chip story you made the wires by suggesting that xilinx may not be ready to sell. I had the ceo on in august, hes so excited about all the new markets that hes going into hes talking about video, live video streaming hes coming into, auto exposure. The problem is every one of those dove tails perfectly with advanced micro i can see the ceo saying all the areas we need to be strong in, xilinx can give it to us i also see that victor, when he was on, was saying, this is new for us, were just doing this. This is not like when altera was going to be sold to
Split. Well tell you why invesetors ae piling in today. Energy companies have shut in production we have the latest on the impact of tropical storms marco and laura. Power lunch starts right now thank you, tyler as you mentioned its shaping up to be another record breaking week on wall street. That means even more evidence mounting that stocks are getting pretty expensive bob is following the markets for us bob. Yes it is. Right now we have very light summer volume. We have fairly narrow trading range today. I like what i see and i like what i see for one particular reason for once its not all about Technology Stock it started out that way at the open but it quickly changed and investers decided maybe the tech stocks are too pricey afterall today were seeing Energy Stocks bank stocks out performing, even industrials out performing the Technology Sec tore. Thats a big change of pace for the last couple of weeks i want to show you something to give you an example of how it changed. Apple
They meet the criteria. On the other hand he is not forcing counties to comply with the modifications if they have stricter guidelines. Using the bay area for an example. If they choose not to come into compliance with the state guidelines. They have the right. This is an optimistic day as we see a little ray of sunshine on the horizon. Today, San Francisco mayor said any decision made in regards to reopening the economy has to be done responsibly. She doesnt want the city to move backward if any restrictions are eased or lifted. Thank you. Here are the latest numbers from california. The state now has close to 55,000 cases of coronavirus. Unfortunately, there he nine people died yesterday. That brings the total number of deaths statewide to over 2200. Of the number of people in intensive care units is up slightly from yesterday. So far more than 747,000 california sieve tested for the virus. California has an overall population of 39 million people. State officials repaired to enter s
News 24 7, channel 115, we are taking away time from maria bartiromo. Maria happy tuesday, thanks for joining us, im maria bartiromo, tuesday october 29, later this morning General Motors, investors are looking for the impact of the strike that just came to an end. We will have all the numbers and funnel analysis, google parent alphabet under pressure, profits were down, stock was lower by 1 and a half percent. Following yesterdays record run for s p 500, futures pulling back. Dow industrials down 55 points and nasdaq exactly where it closed yesterday. Fires are raging in california, strong winds fueling the flames in los angeles, bay area causing evacuations and massive amounts of damage, we will take you live this morning. 737 max crisis continues, boeing ceo this morning on the hot seat, he will have to answer questions about his testimony in capitol hill, thats taking place in the oneYear Anniversary of the deadly lion air crash, mornings with maria begins right now. Maria good mor
Is about a found conversation. No pressure at all. It is just another democrat hoax. End of quote, president said he wants to face his accuser, a lot of people say that not a good idea for a bunch of reason, whistleblow ares attorney said today in a statement, Intel Community whistleblower is entitled t to to an today ioa republican senator Chuck Grassley agreed saying this person should be heard and protected. We should work to respect whistleblowerrers respect for confidentiality even Hillary Clinton is jumping in yes, here she goes. What do you think of President Trump calling for the whistleblower to be outed. That is really dangerous. From everything we know, we dont know much, this is a experienced person who saw things that bothered him, that is what whittle blower statutes is for. Kennedy unless it is the New York Times reporting my email server. The president probably will not be deterred, and claims he wants to unmask the dreaded whistleblower, is it a wise move or pouring mo