Refuse to go back to work you will not be eligible for those fat unemployment checks. Unintended consequences when you make more money not to work. Well get reaction from governor Mike Huckabee himself. That and so much more on making money. Charles stocks are higher as connecticut becomes the last state to partially reopen as number of coronavirus cases are drifting lower, and number of people getting back to work drifting higher. Yesterday was a different story. We saw the dow, losses actually accelerate into the final hour of trading, on two things. Headlines from the omb that talking about how bad the Second Quarter will be. There was an article that questioned efficacy of modernas new covid knight, the vaccine trials. Here is the question, did you sell into the late swoon yesterday . Clearly the market was spooked. Im sure many did probably cut bait. If you knew history you would, you might have held and might have even bought. According to spoke research, the market had 14 sharp
Theaters and live sports shut down. At eng me, analyst marketer. The big headline is that disney is planning to reopen shanghai disneyland on may 11. That is certainly a big symbolic step. What is your headline take away from these results . Disney is willing to open up these parks early in order to preserve revenue. Shanghai disneyland is a relatively small part of their overall parks business. The park in the u. S. The parks in the u. S. Are likely to remain closed or seeing significantly diminished revenue for the foreseeable future. Emily lets talk about the other parts of the results. You have movies, espn, disney plus, which is really the bright spot. The said at the end of quarter, they had 33. 5 million subscribers. But they released an updated number, that they surpassed 50 million subscribers. Walk us throughout much disney plus can buoy them through this time. Eric looking back to when they announced disney plus in 2019, they gave a guidance of about 60 million to 90 Million
Day. Thet issues and trade, ongoing battle between the u. S. And potential cyber warfare. Here in california. A lot of people commute. It is a feeling our colleagues in asia have been living with for weeks. How are markets opening up over there . Paul some unambiguous signals. New zealand has been open for an 2. 5 , aready off by move down of similar magnitude for futures in australia. 4. 5 , theures are off kospi weaker as well. We continue to see strength in the japanese yen. A lot of data coming out of japan today, retail sales, tokyo cpi, both of those contracting, even before the coronavirus outbreak. Take a look at the yields, big move down. Of at a fresh record low. 83. Global stocks plunging to fourmonth lows, u. S. Equities falling the most since august 2011 as anxiety over the coronavirus deepens. Lets get to Abigail Doolittle in new york. A lot of red. And id be on the close. Averages all down more than 4 , there was a rebound rally attempt. Turned briefly higher, but that i
What they have to say about what elon musk is doing right and wrong. Facebook and apple are poised to post earnings wednesday. More on what wall street wants to hear. First to our top stories. Shares of amd fluctuating in afterhours trading. Earnings met analyst expectations for both the top and bottom line. That includes thousand in mind revenue forecast. Suggesting the number two maker of computer processors is getting on intel. Gaining on intel. Lets talk a little bit about the share price reaction following afterhours trading. A little light. 50 million. The stock was down than up and down. Down then up then down. Gross talking about 50 growth from a year ago. That is not bad. I hope that people hope for more when they put so much to work in the stock. They have put a lot of money to work. I am coming into a chart that shows the stock is already up about 14 yeartodate. How much of this was expectations early and high . How much was good news from the company we got today . It is th
They have to say about what elon musk is doing right and wrong. And facebook and Apple Employee post facebook and apple earnings. More on what wall street wants to hear. And a chipmaker reported thirdquarter earnings that met top and bottom my expectations, including inline fourthquarter revenue forecasts, suggesting the number two maker of computer processors is gaining on rival intel. Covers this for us. Falling in after hours trading. With the former guidance a little bit light . Ian about 50 million, but nothing to panic about. The stock was up. Also, with the forecast, there or thereabouts, we are talking about growth from one year ago, so that is obviously not bad. To workut so much money in the stock, and they did not get any upside. Taylor well, and they have put a lot of money to work. My bloomberg terminal showing it is up about 14 yeartodate. How much of this was expectations really high, and how much was good news from the company we got today . Perfect mixture of people ge