The red. Does tech stage a rebound in october . You have huge positions in the faangs what do you think . What matters to me is sales growth they have it we have started on the digital journey. Not just in america. Everywhere, europe, asia, south america. Its a theme we have been tau g talking about for six months be p the idea it will go away after the pandemic is resoevveverreson ever that is, is ridiculous. Remembering apple or amazon over its journey had multiple 20, 30 corrections. You just got to take a deep breathe. It will come back. Did those stocks get too ahead of themselves . No. I think apple is unique. Every name has a different issue. Theres still a little bit of Consumer Electronics associated with apple this whole idea of stay at home stocks, st stocks we are going through a fundamental change in our economy. I want to own them now after the election, next year and the year after that were only in inning three look at nikes earnings. They are almost 33 direct to consum
Mean updated versions of the app cannot be downloaded joining us now to discuss our boom bust cohost bents want to christiane and they become in this story with us all week long so thank you so much for that theres another twist on a friday ben i want to start with you because even though we have heard a lot of talk about banning tictac by the administration all that is really being banned are that at this point are really updates correct. Yeah so this is kind of a ridiculous move here by the Commerce Department what theyre saying is look you will not be able to get an update on tech talk but if you already have it on your Android Device or you have it on your apple device you can still use it so it doesnt change anything now that the restrictions are we chatter a little more strict beginning on sunday its going to be illegal to host or transfer internet traffic associated with we chat so its more strict here now get this the german ministration says that beginning on november 12th nov
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This is boom bust the one business show you cant afford to miss youre born washington coming up the gavel has been struck in the United States has decided to ban popular apps tick tocking we chat as china u. S. Tensions continue to climb straight ahead we break down the social media crossfire plus the fate of a Coronavirus Vaccine has a glimmer of hope as experts are aiming to have one on mass production by the end of 2020 well take a look around the globe at the state of cope 19 infections and where we stand with here and later space x. Has hit turbulence launching startling satellites as the private sector has set its sights on Space Exploration with a packed show today so lets dive right in. And President Trump has made his decision rejecting bite dances compromise of selling a portion of their widely popular social media app to talk to us Company Oracle now the president has now announced that tick tock will be banned in the United States on app Stores Beginning sunday the Commerce
Higher, by 18. In fact the dow and s p 500 scoring the third day of gains yesterday. But the nasdaq was the big winner with a gain of one and quarter percent on the war against coronavirus and dave ricks is here joining me first on fox business at 7 10 a. M. This morning. With breaking news you do not want to miss. The stimulus stalemate goes on House Speaker naption facing backlash now after senior democrats shot down a bipartisan proposal. And it is count down to election day President Trump says he has no regrets about his handling of the coronavirus pandemic. This as joe biden kept courts hifng voters in florida. History made at the white house, the dawn of a new middle east israel, the United Arab Emirates bahrain sign a deal brokered by administration. Here to talk and more. Plus Hurricane Sally crawling dangerously slow toward the gulf coast. Already dumping massive amounts of rain on the region. We have a live report. Apple newest tech taking a look at apple and ipad see if it