Speaker pelosi remains optimistic about a preelection aid package. I dont know talks are continuing today not sure how Mitch Mcconnell feels about all that yeah, we got meadows on the tape too making some comments about that well get to that in a bit, guys lets start with snap. Hard to start anywhere else as they crush the estimates, revenue up 50. Rbc this morning says the growth looks less like a v and more look a check mark. And i saw you gave evan spiegel shoutouts on twitter last night. I had to. Doesnt have a lot of followers. Didnt bounce it back to me. Unlike there is some people who get right involved like one of my guests today. One thing i found that was spectacular was when i first started the street, we had a guy from advertising, he said, look, the holy grail is to get someone to start using colgate when theyre 16 snap augmented reality is all about reaching that age before they decide, you any, look, it is going to be old spice or going to be whatever, i dont know, churc
Up for an eighth straight day. The mega cap tech names making the new milestones josh, the big five as we say amazon, apple, facebook, alphabet, microsoft all but alphabet hitting the new highs today crossing 6 trillion as you flag end market cap for the first time ever. They, amazingly, are now equal to the next 24 largest s p 500 stocks combined. You flag that. Yeah. What do you make of it . Yeah, so my research. We put this up last night. Just incredible when you think about the companies that make up that next 24 were not talking about small potatoes were talking about jpmorgan which is a 300 million cap and pepsi, coke, mcdonalds. Its really wild and these stocks now are just going parabolic. I think i want to maketwo points very quickly. The first is that this is not unprecedented. In the mid 1960s just two stocks General Motors and at t made up 14. 5 of the total market cap of the s p 500. And the top ten names in the mid 60s made up about 50 of the market cap so, we have seen t
When your Olympic Dreams are on hold go for food to meet the japanese fans so whos keeping fit and ending money as a food delivery writer. Im told me a lot of boy its good to have you with us after weeks of lock down borders are starting to reopen across europe the German Government has announced that it will begin relaxing border controls with other e. U. Member states this coming weekend at the same time the European Commission has unveiled a plan to revive the bats have Tourism Industry and make it possible for people to take a sum of vacation. Border checks were supposed to be a thing of the past in Europe Schengen zone germans were used to freedom of movement but the coronavirus put a stop to that cross border travel to neighboring austria switzerland and france was limited to those with an urgent reason to move now the interior minister has announced a road map to get the roads open again. In this country that is simply do that if people continue to show discipline observe the hy
Is it time to bet on stocks that thrive and rebound in the economy . Thats what todays action said. Dow gaining 359 points the s p rising 1. 47 that was easy ooh, and the nasdaq advancing 1. 1 buy, buy, buy with many of the biggest losers of the year leading the way. [ moo i say not so fast. Look, we all want to go back to normal even after we lift the lockdown, the new normal will be different from the old normal. Im tired of the cliche, normal this, normal that. Things have changed for starters the new normal is less investable i dont think it makes sense to fall into the gap of Carnival Cruise or attend live nation concert. The streets roared theyre compressed springs given how far theyve crashed, i think theyve got more legs to them hey, if i were a Hedge Fund Manager id do these stocks by tradein state by state openings if i were an investor like you, i would let them run if i was stuck in them, then escape for the stocks well be talking about later in the show. You have to unders
Its emergency measures just this week the death toll on monday there rose to over 2100 with another 462 deaths in just one day now italys death toll continues to rise with the most confirmed cases outside of china they nearly have 60000 and fact it and more than 5400 deaths that number grows by hundreds on a daily basis now over in the United Kingdom hall secretary matt hancock called on the british army to help support n. H. S. Nurses and doctors on the front line they will be delivering Vital Equipment this includes masks and protective suits this comes as the u. K. Reported over 5500. 00 cases and 282. 00 deaths germany acted quickly and is hoping its School Closures on their social distancing have helped but not curve but they wont be able to confirm that until at least wednesday this wall germanys Prime Minister and the merkel remains in quarantine awaiting results. Of across the virus test now spokesman stuff and cyber told reporters that merkel is doing quite well. And so the ch