This is boom box the one business show you cant afford to miss im going to bore in washington coming up next talk saga has seen yet another shock twist the oracle has made an agreement with bite dance and beating out the favorite tech giant microsoft straight ahead we dive into the potential deal and what it means for the Popular Video sharing app plus after a hiatus astra zeneca and Oxford University have resumed trials for their code 19 vaccine later we break down the race here and where action numbers stand globally and while many sectors of the economy continue to struggle in the wake of coppa 19 markets are surging on the back of some major acquisitions later well take a look at these moves and what and the state of equities in fact show today so lets dive right in. And we lead the program with a major divel. In this saga surrounding the most popular social media app in the world tick tock as monday bite dance the Parent Company of tech back has announced that it reached an agreem
Proposal we could see volatility on the wu witching day options is tote expire 59 minutes left of the session were down 1. 2 on the s p 500 coming up on todays show, well discuss the massive week for the ipo market including debuts of snowflake and Unity Software with Stacey Cunningham. And Jeremy Siegel will weigh in on another volatile week third day in a row down for the s p 500. Six week lows here what he makes of the selloff lets get straight to the big stories were watching though in this final hour of trade mike santoli tracking the Market Action Steve Liesman with fresh comments and joining us to talk about the latest on tiktok and wechat and what means for tech, Big Technology mike, start us off here with a selloff in the broader market. Weve been spending a lot of time at the lower end of this recent range maybe a little too much time down there for the comfort of the bulls. This is a relatively routine pullback for now 3300 or. So we hit that a few times you go back a week w
A krone virus here and where the action numbers stand globally and while many sectors of the economy continue to struggle in the wake of coppa 19 markets are surging on the back of some major acquisitions later well take a look at these moves and what and the state of equities in fact show today so lets dive right in. And we lead the program with a Major Development in this saga surrounding the most popular social media app in the world tick tock as monday by dance the Parent Company of tic tac has announced that it reached an agreement with oracle now according to by dance the company has submitted a proposal to the u. S. Treasury department over the weekend that would make oracle not the owner of tick tock but a trusted Technology Provider shares in oracle jumped more than 6 percent on monday morning with confirmation of the news treasury secretary Stephen Newton says that the government is reviewing the proposal but this move could mean that by dance does not have the outright sell
Hard to digest the news. Well cut right at it, give you the details in a moment. Overall, the market lacks real direction. The dows going to be up maybe 15, s p up 10. Nice gain for the nasdaq though, all green at this point. Politics [laughter] can you say softballs . One after another, they were lobbed towards joe biden at the cnn town hall last night. Not very good preparation for the first president ial debate which is, by the way, 11 days away. The standout for me came when biden suggested that if the president had acted sooner on the virus, all those people would not have died. So the president killed 190,000 people . Not a word of pushback from the moderator, cnns moderator. Today biden goes to minnesota, an opportunity for him to clarify his position on urban rioting and defunding the police after the minneapolis disturbances. And get this, the president will also be in minnesota today. You can bet hell brung up law and order bring up law and order. Mr. Trumps press secretary,
This is boom bust one business show you cant afford to miss im going to bore in washington coming up the tick tock saga has seen yet another shock twist the oracle has made an agreement with light dance and beating out the favorite tech giant microsoft straight ahead we dive into the potential deal and what it means for the Popular Video sharing app plus after a hiatus astra zeneca and Oxford University have resumed trials for their covert 1000 vaccine later we break down the race for a krone virus here and where action numbers stand globally and while many sectors of the economy continue to struggle in the wake of coppa 19 markets are surging on the back of some major acquisitions later well take a look at these moves and what and the state of equities with facts show today so lets dive right in. And we lead the program with a Major Development in this saga surrounding the most popular social media app in the world tick tock as monday by dance the Parent Company of tic tac has announc