Conventions and the president ial nominating convention is no exception. We at the healer using our virtual platforms to keep up a steady drumbeat of coverage in conversations throughout the day and week. Watch our vents and catch up on the latest convention use at our Convention Hub on our website. What you can expect this week and next when the republicans gather virtually is a series of smart, thoughtful, timely, and relevant events, 11 00 a. M. Eastern and 1 00 p. M. Eastern, that will reach you where you are. Our vintage morning during the Democratic Convention will focus on the Big Questions questions , about the real impact of covid19 on a president ial election, the role of social media and digital targeting, the battle for congress, the pulse of the American Voter and the ticket of joe biden and Kamala Harris. And their strategy for victory on i would like to thank the november 3. American Petroleum Institute for their support of todays events. Before we get underway, a few ho
Risk to growth, goldman warning this morning that a further spreading of the virus or widespreading of it could completely wipe out corporate growth this year. On the sidelines why Toll Brothers ceo tells jim the next few weeks are critical for the Housing Market so the number to watch is going to be 361 today. If the dow falls by that amountiamount the blue chips will hit correction territory last night at the president s News Conference about containing the virus, eamon javers asked if Financial Markets are overreacting heres how the president responded. I think the Financial Markets are very upset when they look at the democrat candidates standing on that stage making fools out of themselves and they say if we ever have a president like this. Did it have to do with the coronavirus . I think it did, i think it did. But i think you can add quite a bit of selloff to what theyre seeing. How much of that explains today, jim i think that the most overshadowing thing is what happened right
And we hear from the viagogo chairman and founder after that stubhub cash deal from ebay. First, our top story. Five years ago, alibaba pulled off its biggest ever ipo on wall street, and today, it rang up the biggest share sale in hong home in hong kong in 10 years. The listing is being seen as a triumph for a stock exchange. Stars toyears it lost u. S. Rivals. This comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you take a look at the company raising an additional 11 billion, where do you see that company in terms of that use of cash . Thank you for having me. It will be interesting to see what they do with the extra cash. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business, which is 8 of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how t
Downgrading most advanced economies. You can see right there, these numbers 3 for the world, 2. 4 for the u. S. , 1. 2 for your area, 6. 1 for china. These are all down you see there from the prior forecast and also mostly except for japan down from last year. The imf saying in its report, Downside Risks elevated. Brexit related risk to hinder confidence and growth. Theyre down on this trade issue. Very quickly, they do see something of a moderation next here in 2020 we go back up to 3. 4 it isnt the advanced economies this get there theyre looking for a turn around in emerging markets and developing countries four things the imf notes needs to be done theyre saying International Response may be needed if things get worse from here. They say Monetary Policy cannot do it all. There is a financial risk created from low Interest Rates there. Fiscal measures to help with the slowdown along with structural reforms. Carl that is big news, steve were going to dissect a lot of that with the ea
Security concerns as the joker film premieres tonight. What the police and fbi are doing to keep moviegoers safe. A former swimmer says he was kicked off the team because he is gay. Why sanford says they didnt. President ial candidate joe biden finishes his whirlwind trip in San Francisco. Who he was targeting with his message , and what he didnt want to talk about. Veronica de la cruz. Its Opening Night for the film joker. Christin ayres shows Us San Francisco is not taking any chances amid security concerns. Reporter tonight, moviegoers we spoke to had mixed feelings about the stepped up security is some said it made sense, others said it was simply too much. Tonight, joker premiered to small crows and little fanfare at the marinos presidio theater. The only danger is falling asleep. It is like pretty slow. Reporter the Law Enforcement is a bigger threat with this film. Seven years after a man dressed as the joker, shot and killed 12 people at a colorado Movie Theater during the dark