There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
Joining me youre making a point of whether or not we need to see a reconstitution in what we have called f. A. A. N. G. We have had a reemerging. Time to look at some of the lesser known tech names and the smaller teches that are just getting started. We have two of those on the show today. A cloud air company is up big after reporting the latest quarter, and big commerce is finding its footing after its first earnings report. If youre an investor out there and you have gotten motion sickness from teslas stock lain changes. Coming up in just a couple minutes, right thats a great point, jon this year were hearing more about some of the other names you brought up but in one way i would say these are not necessarily smaller tech investors are getting nervous even though we have seen very, very good quarters from the like of docusign and c scale. Were seeing that perhaps that dont fill these excised expectations people are starting to wonder have they run up too that is a good place to beg
17000000 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on. In the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for or the speculative market while this could be very dangerous especially when you take into account the huge middle Class Population in specially in a country like china weve seen this before and there was widespread market from a previously which created bubbles we had. Tech bubble we had an i. P. O. Bubble we h
This is boom bust the one business show you cant afford to miss. In washington coming up extra Unemployment Benefits are running out for millions of american congressional negotiations stalled for the next relief bill and we take a look at the hard hit Restaurant Industry to see how workers and Small Business owners are hoping to shut down for now limited capacity we have a lot to get to so lets get started. A looming deadline for democrats and republicans as unemployment aid expires admin night on friday while the Senate Republicans want to decrease those 600. 00 per week to 200. 00 but democrats that will theyre not settling for less parties are clashing on several sides including Liability Protections for businesses and schools and funding for state and local government now this comes as applications for Unemployment Benefits increased for the 2nd. Straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing th
Government now this comes as applications for Unemployment Benefits increased for the 2nd straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing that total to 17000000 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on in the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for. Or the speculative market well this could be very dangerous especially when