Welcome back thanks very much for joining us this morning. I am maria bartiromo. It is friday, august 11, at 8 00 a. M. On the button on the east coast more questions surrounding thenvice president joe bidens controversial 2015 trip to ukraine. A newly surfaced is toh shows joe biden on air force two briefed by advisory who was apparently in connection with both hunter biden, and his burisma associates, this happening right before biden threatened to withhold one billion dollars in u. S. Money, if they did not fire the o prosecutor general Viktor Shokin investigating burisma. Even massachusetts senator Elizabeth Warren is asking questions expressing deterrence about hunter biden business transactions. I always worry about the influence peddlers in washington regardless of Party Affiliation we got to shut down the door he thickens rules that apply to everyone. She would not specifically address joe bidenp House Oversight Committee Chairmen james comer joined this program yesterday i ask
Nearly 2 billion eu fine, while two new notes say, hey, dont worry. They suggest an apple comeback likely. As for tesla, well, its china struggles continue. Shipments plunging to the lowest level in more than a year. Lets begin with the markets entering a new week with record highs, fueled once again, jim, by a. I. , which seems to be the topic of so many weekend notes the last couple days. Oh my, carl. A lot of people want to say that the whole things gotten out of control, but lets say you go back a year, and you look at what nvidia the estimate for 2024. The stock was selling at 12 times earnings a year ago, so we can sit here and moan how expensive it was, but its by far the cheapest of the mag seven or mag six if you want to drop musk. But i think the problem has always been that when you look back, this thing is so underestimated in terms of what it can make that you dont know how to value it. What are you going to do, take it to nine times earnings like its a bad bank . Jim, my
To decline 1. 4 . What we all do for a pullback. Ive been saying that weve been having a really high casualties. Members of the cbc Investor Club now all too well from the annual meeting. We like this market the whole way up. Many of the critics hated it all the way. First they hated a, because we are in a pandemic inspired inflationary cycle. Then, they hated it because the mini banking crisis started. Now the feds are raising rates, and the economy heading for a hard landing. They hated so much the market strengths concentrated. Yeah they hate it because of what they call the a. I. Bubble. All along they failed to celebrate their victories. They ignore the high of latium. They ignore the end of the feds tagging cycle. All that job growth has been so strong. And they didnt even care when the magnificent 7 started passing the leadership to the industrials and the mid cap stops are still cheap. What the heck is wrong with these people . Why cant they admit the market deserve to reilly e
Focus is talk of a zuckerberg cage fight heats up. Plugging a 48 billion dollar blackhole, Artificial Intelligence could fuel a rebound at softbank is the japanese conglomerates vision fund seeks to snap five quarters of losses. We go live to lisbon as a key leader response to portugals probe into a European Telecom giant. First, lets get a quick check on the markets, the nasdaq 100 is basically flat, up 0. 4 . The tesla news sees the tesla declines accelerating and dragging down. The yield on u. S. 10 year treasury is below 4. 2 . That has been the story, the selloff in bonds and the push higher in yields and its impact to the equity market. Apple is down for a fifth consecutive day. We had earnings last thursday and now we are worried about the labor market and later we will bring you details of this. Valentines down and thats a stock thats getting more than 130 since its last earnings were word. The streak expects one cent of earningspershare. The name we are watching so closely, th
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