Twist. Walmart teaming up with microsoft in a bid for the popular social media app both stocks rallying to new alltime highs on this news. Julia boorstin has the details. The news keeps coming on this one. Reuters just reporting tiktok engineers were told to make contingency plans should it need to shut down u. S. Operations they are preparing for various scenarios including a forced shutdown telling us they are simultaneously developing plans to make sure u. S. Employees continue to get paid on the heels of any outcome. Walmart is teaming up with microsoft to buy tiktok. Walmart telling us, quote, we believe a potential relationship with tiktok u. S. In partnership with microsoft could add this key functionality and provide walmart with an important way for us to reach and serve omni channel customers as well as grow our Third Party Marketplace and advertising businesses dan ives tells us, quote, we believe microsoft buying ticktoticktok would be like Christmas Morning coming early fo
Weekend. Our roadmap begins with the record setting week. What are the risks to the rally . Plus tesla on a tear, set to open at record high after topping 2,000 for the first time. And democrats demanding answers, the embattled postmaster general testifying this hour amid a political furor surrounding policy changes ahead of the november election guys, its going to be an interesting morning to sort of take stock of where weve been over the past couple of days the s p all time high, apple 2 trillion, scott, tesla 2 k even though b of a this morning says that weekly outflows look like they may be the biggest in about 15 weeks despite some of these new highs. Maybe this is the week, carl, where technology said, do you know what, wait a minute, not to fast, growth, not to fast, value. Ever been has been coming out of the woodwork trying to make these calls that there is going to be this great rotation, carl, from growth into value stocks and these cyclical and epicenter names as tom lee ha
Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime high. Down a couple of points at the moment. The nasdaq is coming off its 38th alltime high. We did receive news of just over one million new jobless benefit claims last week, no noticeable impact on the market on that. That market, the investors, theyre really waiting for the fed. Five big tech stocks, theyre coming off record highs. Here they are this morning, premarket. Apple is up some more, but
Home this is not an option. Welcome to my world this is all i use these days. It is so easy. So quick amazing im 30 years old im 66 i look like adonis. You are mocking me. Not a terrible mock to receive wolff, were you here in the u. S. You mean january 1, 2016 when i arrived on these shores . Was it really january 1 one or two. You are in for another treat, i guess to see real democracy in action to have a constitution that is the envy of the world instead of 12 different parties in england, the republicans can team up with bernie. You know what it is like to win the popular vote exactly, because our forefathers realize two parties could not elect the president. Other people might have something to say in the uk, you can quite comfortably get a seat in Parliament Without the popular vote you are right, we have no written constitution it is hard to push back on that front. We have our own royal family, the kardashians. We promise not to gang up too much. Im enjoying this so far. I want
Nominating President Trump as the 2020 nominee as the commanderinchief kicked off Liz Harrington will be here and lets say there aint no party like a trump party. What he is calling a major breakthrough in the treatment of covid19, convalescent plasma. Dr. Nicole saphier is here to explain what it is and how beneficial it might be. All that and much more on making money. Charles all right. It is official, the rnc officially nominating President Trump for reelection today as their Convention Kicks off. Hillary vaughn live in washington with more. Hillary . Reporter charles, President Trump showing up in charlotte, north carolina, the host city for the rnc today, is in part a dig at democratic nominee joe biden after President Trump criticized biden and Kamala Harris for snubbing the host city of the dnc, milwaukee, wisconsin, choosing not to show up there. The rnc is a multicity event, part virtual and part in person. President trump is already capitalizing on the moment to deliver his