But for some, author, activist and washington outsider Marianne Williamson is bringing a breath of fresh air to the 2020 democratic primary. The political establishment is 1 million times for the people to step in. Williamson talked for 45 minutes about her vision for the nation, creating what she calls a moral economy with compassionate capitalism, also healing the nations racial wounds with reparations for blacks and native americans perspective can have the future you want if you are not willing to clean up the past. We have to deal with this in terms of race and native american justice. Another priority, investing in a country where we withhold education from a child simply because we base our educational funding on property taxes. How immoral is that . And williamson says that the u. S. Should have a department of peace instead of spending so much on weapons of war. I love her message, i love what she represents. A department of peace, how many people talk about that . Its fantast
First of all, that a. I. Fueled boom, dell shares surging. Nasdaq coming off its First Closing high in more than two years. And ray dalio down plays talk of a tech bubble. Plus new York Community bank corp. Is warning of Material Weakness in its accounting, and its dragging down a number of other Regional Banks. That bank stock is also down sharply. Suboptimal situation. And in the land of lawsuits, elon musk, suing openai, accusing it of putting profit before humanity. Didnt you ask him about this . I did. I did. And well cover that. But first, lets get to the markets. Obviously, a new month. Happy march. Yes. February, obviously, we had a nice run of things. Jeff marks, my partner for the investing club, happy birthday. Happy birthday. Not mine this time. What do you want to talk about as we look ahead to the month of march . Whats in your mind . I want to obviously get to the dell earnings in a minute, but just give me your overall take on where we are and where were headed. Sure. I
Reddit, for example, recent ipo, surging. Shopify, really down sharply the president will join us this hour and on the a. I. Front, President Biden is going to announce the plans by microsoft. This is microsoft money, not federal money. Theyre going to build a 3. 3 billion datacenter in wisconsin. Lets start with tesla, though sources telling reuters the Justice Department is investigating whether the ev maker committed securities or wire fraud by misleading investors and consumers over its vehicles selfdriving capabilities teslas autopilot and selfdriving systems assist with things like steering and lane changes but are not fully autonomous the report also says the s. E. C. Is investigating teslas representation about Driver Assistance Systems to investors. So, jim, i think theyre quoting three sources over at reuters. Right and i know, david, we can go into this. I dont want to well, this is obviously serious news the problem is that ive always found that when youre talking about wha
We got this weak Gross Domestic Product number, just 1. 6 growth anemic and a surging inflation number connected to the gdp up 3. 7 . Bad combo. Which is why the dow tumbled 375 points s p lost. 46 . Nasdaq dropped. 64 . Ive got to tell you it was much uglier at one point today. The dow was down almost double where it went out. As we heard all day about the Slower Growth and higher inflation and that meant the dreaded term stagflation and that environment is toxic for stocks the house of pain on top of that one of the markets greatest leaders Meta Platforms got crushed today. I mean, just annihilated not because of its earnings which were stellar but because it committed a huge amount of spending most of it directed toward generative Artificial Intelligence whats bad for the meta goose, though, is good for the nvidia and broadcom gander, which is up 29 points and 37 points respectively as theyre going to get a huge chunk of Capital Expenditure budget i still believe in meta, more on th
Warriors are the nba [ cheering ] now at 11 00, the dubs did it. Your Golden State Warriors are the nba champs. Theres a party on the streets of oakland. Police are on high alert to make sure things dont get too out of control. Good evening. Im elizabeth cook. Im ken bastida. Late tonight we learned the championship parade will be on thursday. Well have more on that in just a bit. But first, weve got Team Coverage on tonights team championship. Lets begin with kpix 5s Christin Ayers outside oracle arena. Its been a nonstop party since the game ended. Theyve been going wild out here. We have a few stragglers here right now. The team started clearing things out a little while ago. We had a dj. We had people dancing out here. There was confetti. It was beautiful. Fans going crazy after this win. They should be because these are the diehard fans, some of whom paid hundreds of thousands of dollars to be here tonight and they told me it was worth it. This was great. Long time, especially at