And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side as well. This is what i mean when i say the goldie locks
Ceo of Electronic Arts, Andrew Wilson as we talk to him about the world of gaming and a lot more john, retrospective of apples event. Were bringing the east and west coast together. Apple unveiling its longawaited 5g iphone 12, but we have been questioning whether the 5g networks, especially here in the u. S. , are ready to drive demand. Josh covers apple for us i didnt see tim cook hedge at all in his 5g pitch yesterday. He was full steam ahead. Thats right, john. Not one bit. Experts are right, they have questioned whether 5g is really ready, but tim cook doubling down on that bet with his new iphone 12. The generation of technology that provides a step change in what we can do with our iphones, the next generation is here. Today is the beginning of a new era for iphone 5g promises faster everything, from movies to games, to all kinds of downloads, and that sounds exciting, but its still just a promise of what could be the reality right now is that 5g coverage here in the u. S. Is st
In a down market, the company priced overnight at the high end of the range had been looking for between 20 and 29 a share, 26 and 29, priced at 29, raising 1. 1 billion, making it the seventh overall biggest deal this year to go public it has been a rough and tumble ride for unicorn brand name ipos, the Ride Hailing Companies lyft and uber struggled, lyft having seen a new low just yesterday. Slack also having seen a new low yesterday. Smile direct that went public two weeks ago seeing a new low, down 38 from its debut. Among the only ones of the big stellar names thats higher from its ipo is pinterest that one is up 45 the market continues to be ver cautious on these deals as they go forward the price at the top is certainly encouraging for the company and for the nasdaq which has seen a large number of ipos this year, some 50 ipos, raised more money initially than we have seen from the deals that they saw last year nonetheless, still one of those things people are watching as we see
that we need to wake up to 18 65 year talking about the black codes, right? that s right, enacted to make it a crime for a black person to carry a gun in the south. but you re equating that to the current president, you re referring to economic change? what are you saying? i was referring to joe biden s. i think ill chosen expression to say they re the party that wants to put you back into chains. what i m actually saying is that if you look at the policies of the modern democratic party democrats, absolutely. so what i m saying is that actually, it s policies like that of lyndon johnson and joe biden that are actually holding black americans back the war on poverty yes, and in particular, his great society where he actually created incentives in the family. where if you re a family. you could actually get more money by not having the father in the home. what you get you get what you pay for. i think it s been really bad for the black community. i think it s really bad for al
We bring you unsafe count of projects, from the judiciary subsidy of intellectual properties. You are watching live coverage on cspan 3. I would like to welcome the senator. This is the fifth hearing of the subcommittee of this year. Senator, union team continue to be great partners moving forward. Im setting the stage on the focus on the hearing. Online shopping has expanding dramatically. Has exploded in recent years. Last year, sales exceeded 1 trillion for the first time as millions and millions of americans turn to Online Platforms from ebay to amazon to find the brands they trust and prices they can afford. Counterfeiters unfortunately have moved online right alongside American Consumers. And their tools are becoming far more sophisticated. Counterfeiters are no longer selling fake handbags or watches on a street corner, or a flea market. New and modern online counterfeiting delivers products that look real, with listings featuring images that show the real product and fake revie