Lemonis my name is marcus lemonis. And i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs. And i do it to make money. This. Lets go to work. Is the profit. In 2000, after years of working multiple jobs, Adelo Ramirez used his life savings to open up los gemelos, a small mexican eatery in port chester, new york. Woman plantains and tortillas. Lemonis authentic family recipes drew crowds. But most popular of all were his freshly made tortillas, so popular that in 2006, he started manufacturing them for sale to local Grocery Stores. Adelo were making lots of money. As you can see, we have 22 of the tortilla market here. Lemonis and before long, revenue was approaching the 500,000 mark. Man very good taste right here. Lemonis but then a much bigger tortilla brand expanded
Leaning on big cap tech. Once again ass an anchor s p 500 First Time Since february, microsoft, tiktok in the news schumer says the democrats in the white house have started to move a little closer on a stimulus agreement, and of course david disney tonight, which will give us all kinds of information about the progress of parks, studio entertainment, advertising and more as we have said many times over the last few months, disney in some ways a reflection of the economy, certainly the consumer side of it to some extent. I know julia is going to be following that closely after the bell expectations cant be particularly high but we are looking for a lot more data when it comes to the parks and the attendance, when it comes to directtoconsumer of course with disney plus and the exhibition of motion pictures, which is not something thats going on right now. Absolutely, david, i mean, i think it will be really interesting to get some more insight into the success of that streaming business
Coronavirus scams. At 9 00 a. M. , middle State University professor Sidney Mcphee discusses Higher Education during the pandemic and his participation in good morning, its friday, july 17, 2020. We begin today on the issue of requiring face masks be worn in public. As new coronavirus cases continue to spike around the country, more than half youve u. S. States have made mask use mandatory. Governor of georgia is fighting municipal mass clause in his state, in an effort to continue to allow mask used to be optional. Should mask wearing in public the mandatory . F you think yes, 2027488000 if you think no, 2027488001. If you arent sure, 2027488002. You can also send us a text this morning. That number, 2027488003 please include your name and where youre from. Otherwise catch up with us on social media. On facebook, facebook. Com cspan. A good friday morning to you. You can start calling and as we show you some headlines about what is happening in states around the country when it comes
Considers a plan to order a for tiktok. Nership microsoft is in talks to buy tiktoks u. S. Operations. Of covid19 rising, but at a slower pace. Florida reporting record deaths. As of today, the 600 unemployment checks millions have been getting will expire. Next week, 200. To break down how investors are digesting this, abigail doolittle. We have to talk about this tech rally. Buteveryone, it seems, google. Abigail yes, a big rally for apple, amazon, facebook. Google the odd stock out. You and i were talking about quarters forblowup most companies. Apple, in particular, the stock had been up 5 , then in the afternoon around that news came reversed, and that is when apple took off, as though there was an invisible hand behind apple surging. It is hard to believe institutional money is buying the stock at a fiveyear high. They havent provided in outlook, but nonetheless, great results, each beating estimates. Apple and amazon beating, meeting or beating the adjusted earnings estimate pri
Dow topping 28,000 today for First Time Since february. Its the value trade thats working. Is the rotation for real i think as long as you have confirmation in the bond market, you can believe in it but when that link breaks, the stocks the value stocks probably crash again. We witnessed an episode like this that happened from the middle of may through the middle of june. It was almost a full four weeks. It was violent to the upside value stocks, cyclicals, the quote reopen names Small Cap Value did incredibly well the Growth Stocks took a pause the high flyers corrected but when that ended, it didnt end gently you had crashes in the reopen stocks you had crashes in the value stocks both asbestbsolute and relative to growth its a Real Recovery if that link breaks and i know yields have gone up a bit here and abroad as long as that continues happening, im fine with it. I think you have to watch that more than commentary, more valuation, more than anything else jpmorgan had a great note