Tom francine, did you stay up and watch this . Francine i went to sleep and set an alarm to wake up. It is a bit messed up. That ist talk today, why. Tom for an international audience, to be kind, it was absolutely original. My goal today come cross the hours of surveillance, is to spin forward. Do you realize we are going to do this on october 15, in miami, with the great steve scully of cspan, in a town hall format. I cant get my head around that, but thats what we will do with Bloomberg Politics and david westin and s kevin cirilli, to recoup and prepare for the eyes of october. Francine the focus is on the polls. We had an initial post it will be interesting over the next 24 hours. We will have Leslie Vinjamuri on, polls. Leslie was tweeting last night around four clock a. M. I think she was in a pub with ferro. I dont know what she was doing. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika it was billed as the first president ial debate, b
Have one today, chipotle, the companies that fell a great deal and made a snap back like tulio where it makes it so you can take your Small Business and take it large, what do these things have in common . They are omni channel for companies that would otherwise fail i think its this is ingenuity quarter. I know there will be people who say its a v quarter, i know there will be people who say its because the fed i think its companies that recognize what was the matter and found ways to make money i found it a very inspiring quarter given the cynicism that were surrounded with and the negativity which is frankly overwhelming for many people so you think that even though the fed has bought, what, 1. 7 trillion in treasuries in four months and even as that pace flattens out were going to continue to get innovation like that i find there is Just Innovation everywhere. I had honeywell on last night, theyre solving the problem of the vials with plastic, there arent enough vials to go around
We could slay the bear today as the dow is rallying for the Third Straight day despite a shocking, shocking record high weekly jobless claims number. Take a look at the markets right now. We just went above 1,000 a couple minutes ago. The dow is about 1,006 higher. The high was 1219 points for the dow. We are watching that number. S p is up 116. Nasdaq is up 296. A gain of 4 . Again, the dow and s p could notch three Straight Days of gains today. Weve got an hour to find out. So the dow is trying to break out of that hibernation. The number to watch, 1,109. 77. Write that down. If we can close above that, we will have rallied 20 from mondays low. That means we technically exit the bear market. Our floor show panel will give us more perspective on what that means to all of you. And as the u. S. Death toll from the coronavirus tops 1,000, one tech company is working to help john hopkins and astrazeneca to find a treatment or cure. Hes here in a fox business exclusive. We have been talkin
Annual ces event in las vegas. We hear from the heads of micron, qualcomm, Verizon Media, and queen vee. And Tesla Ceo Elon musk cuts a rug after delivering the first customer cars from the shanghai factory. Shares touch record highs. Our top story this week brought increased tensions between the u. S. And iran. Last friday, a military strike in Baghdad International airport took out one of irans top generals. Tehran responded by launching missiles at u. S. Interests in iraq. It all roiled the markets and created new fears of cyber warfare. CyberSecurity Firms like cloudflare were up this week as a result. I was joined by marcus salary the director of strategic threat tracei Security Firm dark and our cybersecurity reporter. I think there is a significant distinction between irans conventional battlefield capabilities and where they are on the cyber front. They are never going to go to totoe with the united states, at least in this realm, in a conventional battle. In the cyber realm, t
What is behind this a rally . Can it continue . Good morning, gentlemen. Paul, ill start with you. Valuations getting stretched here im a little bit worried about the valuations in tech, and ive been at this game a long, long time. Fundamentals are okay. Fundamentals might even be accelerating a tad from last year but when you take a look at the valuations of some of the marquee names that you mentioned in the teaser, particularly tesla and apple, im worried interesting okay joel, how about you . Given some of the names we just mentioned, in your coverage universe, what do you like the most at these levels good morning. Thanks for having me on. Obviously with tech you want to be a lot more selective and who the winners and losers are going to be. I think apple is to the upside, but 13 times to 24 times the span of 12 months is getting a little rich. I think the 5g hype could get a little ahead of itself, especially 5g as a utility is limited in the foreseeable future i look for names i