Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political fear. Jack so stimulus, i know those negotiations are s
Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political fear. Jack so stimulus, i know those negotiations are s
Day of trading, but the Broader Market was done a bit for the week. Disney plus blew away expectations, can they give netflix a run for its money . And a wave of celebrities are getting into spacs. My colleagues, ben levisohn, carlton english and jack howe. Ben, a tale of two markets. Everyone was so excited about doordash and airbnb x then the market slud a little bit. Finish. Thats right, jack. Ipos got so much attention, it was almost as if the rest of the market didnt exist. I know i had to go check to see how we were doing on the week. Airbnb, as you said, more than doubled on its first day, doordash gained 86 . There have been 19 ipos that have doubled on their first day this year, and thats the most since 2000, the dot. Com bubble. Despite all that, the market did finish down just a little bit, the dow was down 0. 6 , the s p was off 1 . And its really bad data, jobless claims, but i think it was really more about political fear. Jack so stimulus, i know those negotiations are s
Of mind blowing. Check out these numbers, the six biggest tech stocks losing more than 1 trillion in value in three days apple, microsoft, amazon, microsoft, tesla and facebook. This is kind of unbelievable on the way up, we kind of get i wont say we get used to it. Complacent. We dont quite notice it as much after the split, was apple up 40 or something remember when we were arguing about tesla at 500 a share . Look where it went eastbound the s p was up almost 60 since march. You get these crazy moves to the upside we should have been able to watch this after all these years and how quickly the corrections can come to get that move and have a correction in three days maybe we need to even revise the terms for how we talk about it given what the nasdaq has done, that perspective it is nothing it is not that shocking if you are a longterm investor, this is no big deal. If you were looking at this. Those six stocks losing a trillion in value, they are still up several trillions you are
Sarah . Yeah, shows the power of the fed there. When that headline hit, boom we have a great lineup coming your way Jeremy Siegel and rick reider join us. Plus, well speak with larry kudlow about the latest debate over the future of enhanced Unemployment Benefits and what happens when they run out . Well also take a closer look at one winner amid the volatility, the video game sector. Well speak with Strauss Zelnick. That stock has been an outperform they are year lets focus in on the big stories with one hour left of trading. Mike santoli tracking the action and phil lebeau and joining us to discuss the outlook for the banks is brian foran start us with the big come back that weve seen in the market this afternoon theyre saying buy the dips were in a dip buying environment. They proved it this morning. Take a look improvement. We got that one weeks time. Things are looking stretched at the highs. One week ago today 3232 was the closing level then we got that shakeout. Thursday most pr