New week, jim, with the focus once again on a resurgence of cases in certain parts of the country for the virus. Concerns about china, as well. And then the overall as we, of course, know, expectations regarding the economy and what the impact may or may not be as a result of what i just mentioned. Well, i think that its always surprising to me as someone who i think lived through it like you do that people in some of these states did realize the level of contagion. I mean, this is one when youre in the room with someone who has it, youre going to get it if you touch someone who has it, youre going to get it i dont know, did people feel they were immune i think there was a sense that maybe new york was isolated. I dont think this will be like new york because i think they learned how to treat people. So, i think the big scare of the hospitals being overloaded will only be perhaps some i mean, we had a war zone here in new york. I dont think that will happen there. The chinese situation
Income to over the past 5 weeks. Plus talks to british fund raising phenomenon captain tom horton after raising staggering sums for its countrys Health Care System the world war 2 veteran tells people to stay strong during this crisis. Theres no dont look wrong real old. Garden when. I merely phenomenon welcome European Union leaders have moved closer to approving a joint Recovery Fund after meeting by a 5 Video Conference on thursday the money would be in march for businesses that have taken a hit in the shutdown diplomatic sources say the 27 leaders agreed to ask the European Commission to work out the details including the size shape and methods of getting the money to businesses most urgently in need. The Video Conference was the 4th such meeting since the virus hit e. U. Countries and expectations were low e. U. Member states have so far failed to agree on how to help those economies hit hardest by the pandemic but after just a few hours the Council President emerged emphasizing t
Headlines are moving stocks much higher were going to dig into those. And driving the action this week, media disruption well get the Details Behind hbo max, friday is the launch of appletv plus, and disney plus launches next friday so all of this week on closing bell, were going to take a deeper dive into the strategies, investments, and personalities behind the changes happening in media. Today, well talk to billionaire, ted leansus, the owner of Washington Wizards and capitals about the value of live sports thats all coming up after the bell its going to be a very big show here today and joining us for the hour is stephanie link fr stephanie, it looks like today is kind of steady as she goes, it seems like we have a deescalation of the trade war and fundamentals of earnings actually moving some stocks. You hit it perfectly, actually good start to the week trade tensions seem to be easing a bit. Earnings so far, 50 of the s p 500 have reported. Theyre beating by 2 , i know against a
right. thank you. than k you. thank you.than thank you. so it s crazy when the girl scouts of america are in the audienceof ameri . happy happy thursday. so are the young uns about to sot to that drooling old coot? in a new fox, donald trump is crushing joe biden, 51 to 44 among voters under the age of 30, a group joe won by 25 points in 2020. i know truwon bye. it s early yet. then again, when you consider joe s age, i don tgain, wh think anything could be too early. let s just sae toy joe hass a pizza delivery and the guygo on the phone says it s going to be 45 minutes. he breaks int45o a cold min sweat because he s like old, really old, really old. like jesus christ was a freshman in his senior frf talking old.d. so we got two possible candidates. one of them is skin glued to a skeleto n and the other is trump. true, donald s aging just like anybody else except oddly, it s backwards. everybodelse, ex he looks grer his hair is stil il a naturalhav orange that i
Hasnt gapped down on earnings more than 5 in 17 years so by that narrow lane, its pretty significant selloff absolutely. Its down about 10 right now. So that really speaks to just how much investors dont like this report today. Its interesting though i mean, compared to amazon which can kind of turn off earnings whenever they want just as long as it shows up on the growth side, you got to wonder are they just sort of caught in the middle here where maybe theyre not investing quite enough to drive that online revenue but they still feel like they need to preserve the profit and maybe they need to pick a side caught between the cost of all the investments and its getting more to transport goods around the country so all those combining that is the margin story on walmart today. Absolutely. And labor costs, of course, have been going up. And some of that has been by their own measure, the fact theyre looking to increase wages. But its also, i mean, i think its also kind of interesting giv