Market cap coming off the best day since may of 2023. Ordinarily youd have folks say, you know what, i it kills me but im going to wait for a dip and buy this thing i dont care that its up this much, im buying anyway. You bought nvidia. I did as i mentioned an annoyance not owning it. Everybody owning it fomo. Fomo when the earnings hit i tried to buy it, the stock trade down 28 which sounds like a lot. As i quickly went through the release in expectation of the Conference Call and everything is going data centers because were very involved in data centers, you know what, im going to take dives. Its not a big position. Its a third the size of meta, which i continue to hold and havent sold any but they do have momentum in ai and the race for ai truly is going to be all were going to be doing forget about talking about it for the next number of years you feel they are undoubtedly secretariat at this point. I do for now. You have a lot of horses that can still place and show and get in th
Have a spending problem because we spend too much money. What about being on trial and an all trial in court and in the polls it shows its not hurting him. Restraining israel and r emaining in their borders and having iron dome resupply and thats it. Theyll sit there and wait to be hit. This makes no sense. I want cases decided on the merits and not on politics but theres Thomas Mancino question z georgia is. Less hostile terrain for donald trump. Its willingness to use the fight of the jewish people f ighting for political benefit and turn around and kick israel in the face. And my big concern for biden is the policies. Stuart i know that song. Tempations and its 60 degrees on a cloudy day and its 11 00 eastern time and nasdaq up 30 and s p up 18. Big tech northeastly higher this morning. All of them are higher except for alphabet down a mere 20cents. The rest are up. 10year treasury yield, 4. 5 . No, down a bit at 4. 48 . Now this, how does he get away with it . He sits down for a ra
The analysis with the pmi chair. Welcome to bloomberg markets. What have you got . We were expecting 53. 5. This is where the interest lies. It sticks at 50 eight point nine. That is inflation within services, which is interesting. It is the new orders component that is really where the action is. It is the is the summer boom finally over . Quest you have yields down by about five basis points, so no dramatic movement. Is it weaker news is good news . Quest you have to break it down and figure out what to focus on. It is a really solid number, but we have had this really strong summer and now we may be starting to see it fading a little bit. It is the analysis. How should we be reading this data . Looking at the report, we had a slight pullback. This sector still looks strong. It was driven mostly by Retail Industry in september, into august. Now we are looking at this last quarter. Still on track for finishing up the year pretty strong. Why . Quest you touched on it earlier. People we
Maria good friday morning. Thank you so much for joining us this morning unite maria bartiromo. Friday april 26, adm on the east coast. I hope you have a good friday morning. The Supreme Court open to granting some level of immunity to protect over President Trump from prosecution and a civil fraud trial. And the hush money case. Trump praising the highest court yesterday. Watch. I think it was made clear and i hope it was made clear the president has to have immunity. You dont have a president or at most you can say a ceremonial president , that is not what the founders had in mind when the justices were on their game, president ial immunity is imperative for you practically want have a country anymore. Maria this on the heels of the initial arguments that we heard yesterday. The scotus warning that the Supreme Court is seen a dangerous precedent in trumps case if president can prosecute their political rivals. The president may be criminally prosecuted by a bitter political opponent.
On this black friday, were still here at post nine. Im Carl Quintanilla with melissa lee. Dow up 15 points a holidayshortened session today. Markets are going to close in an hours time and eventually we will get to kelly evans and bill evans for closing bell. All eyes on retailers as it is black friday. We saw strength in macys in particular and some curious weakness in shares of target which have been the real standout laggard, at least in the retail space. A lot going on, whether its retail, black friday or oil, by the way, which got close to 59 earlier and right now 58. 83. Busy week next week packed with powells confirmation, yellen testimony and then that opec meeting and even more reports today about a potential framework between at least russia and opec. Right, and you were mentioning some of the alltime highs in todays session, even though its quiet. The alltime highs are in fact notable. Amazon really being helped, of course, by black fridays strength here. Facebook is also an