More federal funding . I will ask trump Economic Advisor steve moore. President trump to take center stage again as the Coronavirus Task briefings are back. They are back this afternoon. Well give you a preview what the white house what they look like. All that and much more on making money. [. Charles market continues to sort of seesaw back and forth one day, next day, growth, value. Latter in the drivers seat at the expense of the former. Ahead of Earnings Release that finally get the entire market in sync. The winning column is beginning to broaden out. There is still a lot of cash on the sidelines. Names that have not popped. A lot of them in the starting blocks. I will bring in three of my favorites that are breaking out. David nelson, Divine Capital ceo dani hughes, key advisor group, coowner, eddie ghabour. Eddie, value on fire getting help with earnings. We see important things. Ibm cloud. Digitization, samestore sales up 730 but online stuff 70 but online stuff up 200 . Can on
Nice trifecta reports for snap, United Airlines and Texas Instruments. Jew julia, take it away. With snap meeting expectations on earnings and beating expectations on revenue, while subscriber numbers came in half a million lighter than expected, what is is putting pressure on the stock, you see its down over 6 , is guidance that snap is planning for t addition of 46 million daily active users the company also saying its combined cost of revenue and operating costs will grow at percentage rates in the low to mid 20s year over year compared to last year the company says these increasing costs are because its investing in longterm growth snap did not give any revenue guidance but said from july 1st through july 19th snap has seen 32 Revenue Growth theyre cautiously optimistic that these trends could sustain over time but theyre cautious that trends are volatile and could deteriorate. Ev evan spiegel saying Certain Industries have benefitted from some of the covidrelated circumstances. Sn
Continues to debate the next stage of emergency measures. And as the nasdaq underperforms. Its very interesting. What is the biggest driver of it is yesterdays winners that, thomas leading the declines is it that people are at home with more stimulus money that sort of a narrative in the all fangangs, tesla, zoom, ebay. Media. What do you think it is . The dow up is 1 s p 500 is up about 0. 6 , sara well, its no the so much to big show coming up. Jonathan tisch will join us and to go out for a walk anymore the Face Covering debate for people are sitting at home and doing whatever they can do on hotels hell talk a little nfl. The screen plus, testing delay snarl and training is very exciting efforts to trace and control the virus in this country, well thing. Speak with the ceo of labcorp. And what about the regions, thomas is this big jump particularly an individuals activity only so and were talking about a massive afternoon of earnings, prominent in the u. S. Or elsewhere too . Snap,
Before it gets better. U. S. Secretary of state mike pompeo urges the world to stand up to china. In a separate report accuses beijing of digital. We work to convince the Chinese Party it is not the best interest to behave in this behavior ceo warns of tough times ahead. When we went into the group, we knew that would be challenging with all the shut downs in different parts of the world. We saw recovery in china which was remarkable we have seen a weaker u. S. Affected by the pandemic dutch paint maker says material costs will have a positive impact. But ceo warns the virus will continue to weigh for the rest of the year. We will continue to see ups and downs. It is lucky it has been balanced between Home Improvement and the market we feel it has been under control and stay vigilant. A warm welcome to street signs. I want to start the show with the update on the latest numbers in the states. More than 1,000 people died from the virus in the u. S. Yesterday for the first time over a mo
Close today . You can take microsoft first, and whether its a referendum on tech itself . I think microsoft could be. I believe that one of the things we have accepted is a way from apple i listened to the great report on jamf, the new ipo from carl and jon. You have apple news that its doing very well, and that was, and then microsoft, and then we have this chasm before a lot of other companies. We feel that kind of covers everything microsoft does a lot of stayathome microsoft has the lawsuit filed against thoem against slack but most important, microsofts azure has been growing endlessly and fabulously a lot of people think faster than Microsoft Web services. If that continues, i think the stock goes higher. Pete, if this report comes in well, people will say thats why all that money had flown into tech to begin with thats why the mark is where it is if this number doesnt come up to snuff, people will say i told you, these stocks went too far too fast, and microsoft is case study nu