You are watching the context. Now its time for europe votes 202a. Elections in the uk, elections in the European Union. Two weeks today, 400 Million People across europe will vote to elect their representatives to the European Parliament. They will choose 720 politicians from 27 countries in what many people consider the most pivotal vote the European Union has staged since members were first elected in 1979. And by the end ofjuly, there will be new parliaments in both the eu and uk, with implications for both sides, for those negotiations post brexit, and in a whole range of areas. Most notably security, migration and trade. Now, for those who dont follow politics in brussels, you should know there are the institutions involved in the legislative process. There is the european commission, that shapes policy, the parliament, directly elected, that debates and vote on those bills, and the council of european leaders, that have an equal say in what is adopted. And at the top of the commi
Reclassify marijuana. What the move means for trading in these names. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, and steve grasso. Stocks closing on a down note, with the nasdaq sinking 2 and the dow shedding 570 points, accelerating the last ten minutes of trading. All three closing near their lows of the session and well in the red for the month. Each ending fivemonth winning streaks. The dow posting its biggest mostly loss since september of 2022. Well dive more into what is behind these moves later this hour, but we have to start off with amazon. Shares are higher, though off their best afterhours highs. The company reporting a beat on the top and the bottom lines and higher ad revenues and sales in aws guidance in q2 though. Kate rooney has the details. Cloud growth was the key story here. Aws sales, thats what folks were watching. 17 growth, better than the 14. 7 wall street was expecting. A. I. Appears to be d
Ever. Pfizer and allergan coming together in a 160 billion plus deal and shares of both companies are moving down. Allergan the single most favored stock owned by hedge funds. Its up 20 this year. What are the other names the smau socalled mart money likes right now . The smart money moniker depends on performance but in any case allergan was number one according to the quarterly roster that Goldman Sachs puts out based on quarterly filings followed in short order by big gainers like facebook and alphabet and amazon up 37 , 47 , and 127 respectively. It was a period in which hedge funds increased their net exposure to the tech sector to nearly 18 and cut their exposure to health care marginally according to goldman basing their findings on a sample of over 800 fundamentally driven stock funds. The troubled valeant pharmaceuticals, one of the most popular from the Second Quarter list, was actually dropped altogether in the Third Quarter and that, interestingly, was before allegations su
They want things they are open to ideas, but i think the way we present it to them as well it makes a difference. They have to feel a part of who we are. Ive actually connected with the Libertarian Party also because in florida for Charlie Crist to come out of a republican side to the independent side and get almost, what 28 of the votes in the indindependent, its a swing state. Im asking you all, i know i need your support. In lawwise across the board, but this is about a movement. And id like to know where else can we go as candidates, as independents, democrats or republicans, they dont allow us to come in for any type of training. They blackball nuss theus in the media completely. Any suggestions to what we can do. Anybody that wants to help me, please give me your card. I mean, just a brief word on that, its great that youre running and great that youre raising the issues that youre raising. Heres a 15second training. Well do it right now. When you run for office, you have to make
Come out of a republican side to the independent side and get almost, what 28 of the votes in the indindependent, its a swing state. Im asking you all, i know i need your support. In lawwise across the board, but this is about a movement. And id like to know where else can we go as candidates, as independents, democrats or republicans, they dont allow us to come in for any type of training. They blackball nuss theus in the media completely. Any suggestions to what we can do. Anybody that wants to help me, please give me your card. I mean, just a brief word on that, its great that youre running and great that youre raising the issues that youre raising. Heres a 15second training. Well do it right now. When you run for office, you have to make clear that youre running for office as an independent to change the way the system works. That youre not putting yourself forward as the alternative to the democrat and the republican but that youre running to represent the people and the peoples d