Cases surging in many u. S. States. India considers new lockdowns. Facebook insists it has diversity at the top of its list. But it seems to have done little to boost black staff numbers. Lets take a look at how we are shaping up. That drag coming through from u. S. Stocks. Rotation ofsee this the highflying tech stocks. Netflix casting a very dim shadow. Missing horribly on just about every metric investors care about. Nikkei futures up by a quarter of 1 . Tsmc raising its outlook for evan revenue. Maintaining there for your guidance. Saying that they are seeing improve conditions coming out of china. Lets take a look at chinese stocks in particular as we close out this trading week. One state media article suggested it was responsible for corruption and bribery cases against china. We will continue to see if that stock stages much of a rebound. Shery of course. Also moving markets as the coronavirus. Deaths topping 585,000. U. S. Infection rates rose 2. 5 . Brazils count rose above 2
But a buy here and now does microsoft hold the key to new market high sns guy what do you say. First of all, you have to you know, we criticize dan on twitter. Really. He is criticized. Dan. Why. Why is he criticized on twitter. For being do youwers. But cant coined maga we can fire the graphic at the top of the show. Dan does know a lot. The maga trade. Yes. And look at the m. In maga as we know is microsoft so. Some hat. On straight valuation price to earnings its expensive look at the last quarter i mean, eps beat was significant. The revenue beat was amazing azure grew 64 year over year. Operating margins 230 basis points better year over year its hard to cast aspersions yes trading yall alltime high. People make a big deal of the 40 billion. I want 4 of the market cap, not insignificant. Answering the original question it can rally into earnings mr. Maga. What is a i. You from a trading standpoint, the stock broke out in early june about 130 basically trading between 130 and 140 s
Data on inflation. Also minutes from the last fomc meeting. The july Consumer Price index will be released at 8 30 eastern time and at 2 00 this afternoon we should be getting more insight into what fed policy makers talked about last month and perhaps what theyre thinking about is the highly anticipated september gathering. Heres the other stories were watching today. Chinas wild and scary ride continuing, volatile perhaps not a Strong Enough word to describe the session. The shanghai composite dropped by 5 early on but then closed up by more than a percent. They point to government backed buyers as catalysts for the turn around as well as rumors that Chinas Central Bank might be ready to cut the key reserve ratio requirements for banks. German lawmakers are voting on a greek bailout. The legislation is expected to pass despite a growing rebellion within chancellor merkels on party. More from our colleagues in europe in a few minutes. Back here in the states the consumer remains front
Philosophy. Through logic him he proves that cancer no longer exists. Why are wearing a fake beard. It is not a fake beard. Its chin toupee involved, damon is can i be the genius and he plays the supportive best friend is time . Thats more. Realistic id rather not get in the middle of that. Ok, i just want to make sure this female doctor role isnt scripted as the love interest. I know what the script says, but i do not think anyone is going to believe this male doctor and the female doctor are just friends. Anybody . We have got a lot of people coming down the line. I would like to take the time to say im super against cancer. I dont like it. What about play it like a darth vader character. I am your father. Im feeling so proud to be able to represent the character as powerful and passionate. Wait, her name is girl number three . I think we should change my mind to that doctor is all hat and no cattle. I do not know what that means. It is a texas phrase. Are the doctors paid the same a
Administration, filing a lawsuit, challenging the president S Immigration reform. Here to discuss it all our very own charlie gasparino. David asman, host of after the bell and arthur aidala, criminal defense attorney and fox news legal analyst. Youre the lawyer. I will start with you. Do they have a case. I am friend with dave and charlie. I like them a lot. Has good taste. You know what happens after that. We need somebody to vouch for us. Melissa does the president have a case . I think actually the president has the authority to do what he has done to a degree. He is entering the gray zone. He is entering, it is against the way our country was founded, right . Yes. The country is supposed to be Congress Makes laws, president signs off on them and enforces law. Here the president is trying to create law. Melissa out of thin air. Forgive me, the president can not create a tax which is, this is a huge, executive tax on states who are going to have to come up with hundreds of millions