I have the video open on my computer and it started playing my own words back to me. It was vy confusing to stop our next spker is the author of black software e internet and Racial Justice. Is the Vice President of faculty engagement and developmenat new york university. And professor media, culture and communication at nyu Steinhardt School of the father for the center of critical race d indigenous studies based on finer stomach final speaker will be frank aauthor of the new laws of robotics defending Human Expertise in the age of aib stopped his professor of law atbrooklyn law school at affiliate llow at the Yale Information Society project and a member of the american law institute. Thank you. Im so happy to be on the panel with two authors i reay appreciate and with that topic im sure we all have so much to say about. There were many periods in time that i could look at as representative of what my ideals or best opportunities, i wanted to focus attention to 10 years ago, 12 years
Drive this stock for the next end years . And bitcoin is back crypto currency. What is behind the big move in bitcoin. But first we start with goliath versus goliath the battle between two behemoths taking place today amazon taking target at walmart. It offers free delivery for pride members, but walmart has long offered Home Delivery on certain prescription products. This is the latest in the growing turf war between the giants guy, walmart, amazon, who do you have dom, its great to have you this is the big show, like the masters for you. It is like you playing golf against joe kernan they are glued to their television trying to figure out what is going on in this game of would you rather, i would rather walmart i think the stock sold off for two reasons. There was an inventory build, up about 5 i think the street looked at that and said maybe margins in the next quarter wont be great, and wont get guidance amazon, by comparison, you had a september 2 high in october 34. 50 and novemb
Today as republicans look to fast track her nomination before the election day and in the gulf, clean up from hurricane delta continues this morning as nearly half a million residents still remain without power and technology under fire yet again this time from across the atlantic its monday october 20t12, 2020 youre watching Worldwide Exchange here on cnbc. Sh good monday morning kicking off this morning with a hearty congratulations to the Los Angeles Lakers you can see them there jumping around they won their 17th nba title beating the miami heat in game six last night 10693 lebron james helping lift the lakers over the top with a triple double himself while Anthony Davis logged a doubledouble of his own you can see the dow jones implied higher by 16 points and the nasdaq up by 134 Big Technology in focus yet again. And with fridays 160 point advance the dow is now positive for the First Time Since september 22nd you can compare that with the s p 500, the dow transportation stocks a
Third straight week. For more on wall streets move, we are joined by scarlett fu. Lets talk about how this happened. Ett we had quadruple witching. Options tied to indexes and stocks, that led to a pick up in volume. Then you had it falling below the trendline, where the average price over the past two and half months. The theme for today, as it has been for the rest of the week is the lingering disappointment that the fed did not give investors a prize that they have been positioning for. Recent winners, the tech, has been consistent laggards. They are the worst performing sectors this month, down 10 in september. Emily i do want to talk about oracle, tiktok, and this dramatic move by the u. S. Government to expel tiktok and wechat by the app stores. When did you what caught your eye . Scarlet what i found interesting was that even though it trended lower, volume in the stock is off the charts. It was about 26 million shares this week on average. That is up 86 from the first two weeks
Tensions. You really have more of the same. Tech outperforms. One jobless claims around million. Rates grinding ever lower. Still fears surrounding the coronavirus. It feels as though this market just has a complete disregard for warnings coming from the fed, warnings from u. S. China relations . And rates refuse to go up tech outperforms. You can have a situation where value outperforms. We saw that briefly in june. Or you could have a market that actually goes down. That does not seem to have. Instead, we go back into this one very specific group of mediocre growth. Caroline at the beginning of trade, we were a bit worried. We saw the reading on the philly fed. The ceos being asked the key question of caution. Ofare looking at a blue line what is current outlook. In six months, may be a little bit of an improvement. It looked pretty dire. It was a mess. Bloomberge had the Consumer Comfort Index data came out. One of the folks that works behind the scenes here, dan curtis, pointed thi