Ballot to select the nominee tomorrow morning. Jim jordan and Steve Scalise remain top candidates for the job. According to fox news, 47 republicans are publicly backing jim jordan, 23 are publicly backing Steve Scalise. Joining me is louisiana congressman, the House Majority leader, Steve Scalise. Its great to see you this morning. Thanks very much for being here. Great being back with you, maria. Good morning. Maria congratulations on this race and your pursuit. I want to get your take on what this horrific war in the middle east means. The emergency spending package for israel that is being talked about, how much has this war expedited the need for a speaker, would you say . You can see the resolve. We do not have time to waste, maria, the worlds a dangerous place and its gotten more dangerous. We need to move fast. We need to get this done and we need to get back to work. Obviously ive been working with chairman p mccall and others, we have a strong resolution and support of israel
Halftime trade alert from bill baruch he does join us because he has bought crowdstrike why did you do that . Good to have you on. Tell us about this trade and why you decided now is the right time thanks for having me on we know crowdstrike had a big reaction after the Earnings Report earlier this year, and then it sold off pretty well we stayed away from traditional Cyber Security over the last year, and really missed a name like this in the bull market in 2023 not saying we have quite a bit of exposure in names like nvidia and others, but one of the reasons why i stayed away from traditional Cyber Security was a fear that the hyper scalers were going to roll out a really Competitive Edge in the securities space and useers that were already on their platforms would begin adopting such. Anecdotally, i had a conversation with dan ives earlier this year in february and addsked him how he feels abu it theres nobody better to ask his response to me was, ive been getting that question ever
Morning. And a betting bonanza on the kentucky derby. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight bonawyn eison, steve grasso here in new york, dan nathan and guy adami live from los angeles. We start off with the Interest Rate tug of war. Tenyear yields down again today. Theyve dropped 25 basis points from recent highs hit just two weeks ago. They are now at their lowest levels in almost a month. The move comes amid renewed hope of fed rate cuts this year. Chances of at least one cut have risen after the fed meeting and fridays softer than expected jobs report. Markets pricing in a nearly 90 chance of a move by december. Rate sensitive areas seem to be applauding the action today. The small cap russell 2,000 and the tech heavy nasdaq leading higher, but is this move in rates warranted . Will we actually see them go higher eventually . Steve, what is your take . I dont know if theyre going to go higher. Were in this period where everyone is very
A terrorist organization that has endorsed this vicious attack on israel. So katie, a pledge she a by germany not just diplomatically, but to do whatever it takes and having played starts to buy new medicine, yahoo, israels Prime Minister himself, how have other senior politicians in germany, reacted as well. We have actually, throughout the course of sunday its heard those very words from the leaders of the germanys a potties here as well. The opposition, conservative cd you potty, also citing the reason of state. So that is a very broad base support. Also German Government buildings that was also mentioned by the chancellor assigned, that is where the slide if we also so in the evening and to where i would expect that today is why. 5 the brandon 5 gates of being for illuminations with the is rarely flag, as well as this afternoon here in berlin. This also a demonstration, as showing public support for israel. They are now reports of german citizens among the victims of the mazda atta
I feel good i knew that i would i feel good stuart good song to sing along with on a friday. Friday morning in manhattan. It is 10 00, straight to the money. All over the place, cant make up its mind which way to go, strong jobs report, 336,000 created last month. The markets go up and down as it tries to digest the strong report. It is down, dollars up 173, nasdaq is down 92. Had been worse earlier. The 10 year treasury yield, 4. 84 . That is what is upsetting big tech and the nasdaq. The price of oil is edging up, 82 a barrel. Worst week thanks for barreling me out. Thats the markets. Britains Prime Minister jumped into the transgender debate. Rishi sunak said this. For parents to know what their children are being taught in school, a man is a man and a woman is a woman, that is common sense. Stuart did you hear that. He went further, said we shouldnt be bullied into believing people can be any sex they want, they cant. Those are his words. He make his opinion clear. Trans activists