Good thursday morning im Carl Quintanilla with jon fortt and Julia Boorstin is with us for the hour. Stocks in a whipsaw range, down a couple hundred up 100 here. S p 500 up 25 or so after the dows near 1,000 point loss yesterday. Worst day since june on pace for the worst month since march. But then you get a stock like pinterest. Good guide coming up, going against the grain. Julia, remarkable price target increases. Basically doubling what some analysts saw the stock trading to yeah. A lot of positive responses to those numbers there. Really a beat across the board, carl what is so interesting to me is what we saw in this quarter from pinterest is last quarters results were not just a blip but that this is a company that could stand to benefit over the long term from some of these trends were seeing during covid19 there is some surprising, funny Little Things like the fact that pinterest grabbed four million new users due to the fact that people are going to pinterest to find inspir
Then later he tweeted that he would be willing to cut some checks for americans, extend aid to airlines. Joining us now is kevin cirilli. What is really on the table right now . A small, piecemeal approach. Mark meadows was saying earlier that they are still pressing for democrats to do a piecemeal approach. That is a nonstarter with nancy pelosi. The developments coming as the president tweeting that no fiscal stimulus deal would be on the table until after the election. Should biden went on november 3, it would also mean that a fiscal stimulus deal would still come in the lameduck and even in the first calendar week of the year. Guy you are outside of the debate site for tonights debate. How consequential will tonight debate before the outcome of the election . Kevin republicans are hoping to have some type of major trajectory shift. Vice president pence is one of the leaders inside President Trumps inner circle as it relates to the coronavirus response. He is also trying to send bas
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
W. All over the world make of fires are destroying entire towns and regions the red circle. Was like a Freight Train coming to torture. Me. Make a foreigners are different they are beyond our control they are insatiable see the media what the precise since some pardon are clear to us im certain. Scientists and firefighters are taking up the challenge with new methods. Its really up to humans to figure out how to rebalance everything and we can do that its a race against time to save our habitats and our lives. In the Tropical Forest scientists have discovered yet another major impact caused by extreme wildfires. In Southeast Asia africa and the amazon but deforestation for the purpose of agriculture is responsible for an especially risky type of blaze. In indonesia this is had terrible consequences. For the government he is investigating the site of an illegal deforestation. Im betting that since 2000. 500 cases. Of the. Charcoal left over from the fire and that so. Were collecting the
With you. Really . The judge how are you . Are you said what have you got . Do you have like chambers there or like, what are you equipped to do if push comes to shove today. You have what do you have at home what have you got. And report on what we report on. Am i the only one. I filled in i filled in recently for a full week and they didnt play the theme music a single time. Hopefully they can make up for it today we didnt hear about it we started having fun. We nip that in the bud pretty quickly. Oh, this is you. Im sorry this is you. So you got that going. Im glad i got up this morning. Lets take a look at equity futures. We try to get a new record on the s p 500. Well see what we can get over the top there. Treasury yields on the rise as of late. 25 last week alone. Theres the ten year not doing too much not all that long ago. We have seen rates starting there and stocks have been on the move well see that new record on the s p this morning. The amount of money were sprinting, i d