On the walls check out my twitter feed. See all the ridiculous speculative names people hope ill mention or pump same deal, no earnings, but right on stocks. These are textbook signs of what we call froth. Thats what this is. Its froth and you know what . All the froth got crushed today. Dow plunging 517 points, s p plummeting 117 , nasdaq nose diving 1. 55 not bad for an amateur so whats become too riskier let me give you an example last night kind of cool. We had novavax on, hottest stock on the market. Vaccine developer working on something for covid19 the stock runs from 18 to 40 in two days i cant recommend Something Like that thats this, you know, novavax is this, okay. Good guys, but it doesnt matter it actually managed to rally today. Maybe novavax wins the vaccine rate if they dont, the stock is going to get eviscerated id rather have you in something thats diversified glaxo, pfizer, j j same for biotech stocks. Anything related to ebola, flu, except regeneron they have little
Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Year to date General Motors pickup sales, both fullsize and midsize up 25 . Thats one reason why gm is doing so well in north america which we saw in the 2q numbers. Eli lilly beat the street. Meg tirrell, the Company Raised its forecast for the year. The beat on the adjusted earnings was 16 cents. Raise only by 10 cents though. Ceo on squawk box this morning address what went into that question. As we are launching products and bringing drugs through our late stage pipeline that drives certain am
Good evening, everyone. And welcome. Boeing finds itself in the crosshairs. The Worlds Largest Aerospace Company was the subject of a tweet by donald trump. The dow component is the sole supplier of air force one, used to transport the president of the United States around the globe. And has done so since the 1940s. But today the president elect had a complaint. The cost of the new air force one is too high, and the order should be cancelled. Philip lebeau has more on mr. Trumps criticism. Reporter donald trump is at it again. Now hes calling out boeing, the company that made every air force one, and is working on the next generation of 747s that will eventually carry u. S. President s, starting in 2024. He tweeted, costs are out of control, more than 4 billion. Cancel order. A few minutes later, trump blasted boeing again. The plane is totally out of control. Its going to be over 4 billion. For air force one program. And i think its ridiculous. I think boeing is doing a little bit of
Good evening, everyone. And welcome. Boeing finds itself in the crosshairs. The Worlds Largest Aerospace Company was the subject of a tweet by donald trump. The dow component is the sole supplier of air force one, used to transport the president of the United States around the globe. And has done so since the 1940s. But today the president elect had a complaint. The cost of the new air force one is too high, and the order should be cancelled. Philip lebeau has more on mr. Trumps criticism. Reporter donald trump is at it again. Now hes calling out boeing, the company that made every air force one, and is working on the next generation of 747s that will eventually carry u. S. President s, starting in 2024. He tweeted, costs are out of control, more than 4 billion. Cancel order. A few minutes later, trump blasted boeing again. The plane is totally out of control. Its going to be over 4 billion. For air force one program. And i think its ridiculous. I think boeing is doing a little bit of
Good evening, everyone. And welcome. Boeing finds itself in the crosshairs. The Worlds Largest Aerospace Company was the subject of a tweet by donald trump. The dow component is the sole supplier of air force one, used to transport the president of the United States around the globe. And has done so since the 1940s. But today the president elect had a complaint. The cost of the new air force one is too high, and the order should be cancelled. Philip lebeau has more on mr. Trumps criticism. Reporter donald trump is at it again. Now hes calling out boeing, the company that made every air force one, and is working on the next generation of 747s that will eventually carry u. S. President s, starting in 2024. He tweeted, costs are out of control, more than 4 billion. Cancel order. A few minutes later, trump blasted boeing again. The plane is totally out of control. Its going to be over 4 billion. For air force one program. And i think its ridiculous. I think boeing is doing a little bit of