Opportunity. And what a week it has been for the cryptos. No, those are not superheros and they have not been performing this week in any way like a superhero. What happens now after this bitcoin plunge well talk with a head fund emergen manager who is sticking by his opinion. A boxed power lunch starts right now. Tyler, maybe we should call it tales from the cryptos. Youre welcome america is staring at a Government Shutdown but investors taking it in stride, because you smart cnbc viewers know it doesnt hold stocks. They are down, but they are on track for another winning week three dow stocks in focus for the opposite reason, however, ibm down 4 . Despite breaking a 22 quarter declining revenue streak and amx down 2 and ge could not get out of its own way and now the stock is at sevenyear lows on the pace for the worst week since 2009 oh, ford sinking again ford dropping to the lowest level in four months and sound the alarm, adt sinking on their first day and that is even often a lo
Lunch on a monday begins right now. Welcome, everybody im Tyler Mathisen stocks posting solid gains and sending the dow, the s p and the nasdaq to alltime new highs materials, financials, telecom leading the way higher meanwhile, yields on tenyear notes hitting highest levels in more than a month. There you see it 2. 23 check out some of the movers in the market shares of ubiquiti networks, thats spelled interestingly, dropping about 8 . Short Seller Citron Research calling the tech Company Total fraud. Nvidia trading at alltime highs. Paccar also hitting alltime highs. Im Michelle Carusocabrera while the east braces for hurricane jose this week, Hurricane Maria has now strengthened into a major category 3 storm we have the latest just minutes away Home Builders feeling less optimistic concerns that rebuilding efforts after hurricanes harvey and irma will drive up construction costs. And the cnbc global cfo council releasing its latest info some giving President Trump credit for some o