To office. Drivers on a 61 margin prefer being independent contractors. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. Krns coronavirus is out of control in america and almost everywhere across the nation, were about to lay it out for you and let you know what the doctors who have been right every step of the way are warping us about whats ahead but then some very helpful advice and guidance on how we can lead our families and manage our kids through it, physically and especially mentally this will be very hard for everybody who survives it. The number of americans testing positive yesterday, the highest ever recorded, 143,000 the number of victims in hospitals, the highest refr reco ever recorded, more than 65,000. Victims in intense of care, expected to top the totally thanksgiving coronavirus killed more than 2,000 yesterday alone, the most since may. Heres whats so sobering, a week from now those news will likely seem low becaus
Football surging covid cases across the country overwhelming hospitals. Theyre exhausted weve been going at this for nine months now. The struggling frontline workers and the people most at risk live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. And good evening. We begin tonight with hope, a Silver Lining even as another wave of covid sweeps across our nation and big business and small brace for the fallout. There is a new and promising sign for our economy as we head into the weekend the numbers are in, and they show americans are spending. Retail sales up sharply last month. We just got the numbers today. More than doubling the expectations shoppers spending big on clothes and accessories, up 11 . Music and book sales jumped nearly 6 . Car sales up more than 3. 5 . Thats all good. And now the big test Small Businesses and Big Box Stores are heading into a make or break Holiday Season, with the virus bare bearing down now and no relief from washing
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Dropped 0. 01 , all these strange nonearnings are making it a lot hard story understand. What do i mean by weird metrics . The stock of netflix all right. I know youre thinking about that one heres a stock that has never traded on earnings per share ever theres just not the number anyone cares about youll never hear anyone say that netflix is really cheap at 80 times earnings. No, netflix trades on subscriber growth as these things go subscriber growth isnt too weird a nice objective number. Once you start evaluating a number other than sales or earnings you open the floodgates to other metrics so not just subscribers but on fomo per share. Fear of missing out as in the subscriber account adriven by the fear youll miss out on great content and in a world it trades on fomo but the emmys matter there wasnt anything that made them say im missing out see all those awards im missing out on too much content. I got to sign up and thats why the stock got hit or how about a couple of tech titan
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