I have an Opening Statement i would like to submit for the record. Ill do so without objection. And make a few comments. Today, were having a hearing about the foreign sovereign immunities act, coronavirus and addressing chinas culpability. Generally speaking, we have a foreign sovereign immunities act basically shutting off lawsuits against other nations because whatever we do to them, they can do to us. We made exceptions to it. We have amended the act four years ago regarding terrorist activities. This is not an issue i take lightly. This is something i have thought a lot about. My colleagues have worked to put together legislation. They have reconciled the legislation. I think senator blackburn, hawley, and others, and what would it mean if we amend suits to china. And why would we take this unprecedented step . This is the third pandemic to come out of china. The coronavirus came from wuhan province. Whether it was a mistake in the lab or spread at a wet market, i dont know, but w
Outperformer, up 0. 6 of 1 small caps pulling back. Our Investment Committee today, joe terranova, stephanie link, jon najarian joe, lets get your top line read of the markets right here we had an 8 pullback into mondays open. Weve rebounded a little more than half of that over three days, so was that it for the nearterm pullback or are we still in a choppy phase . Well, we still have more fight to encloses the gap from last wednesday into thursdays decline for the s p, mike. That gap sits at 3153 to 3181. The composition of todays tape shows weakness in what had been kind of those dashfortrash leaders. If i look at the dow, i see exxon, boeing and chevron. They are underperforming today within the s p you have the cruise ships underperforming and then for the nasdaq, its the airlines and marriott. So the strength has to come from the old place, your Mega Cap Technology oriented names. Theyre going to have to carry the momentum to close the gap further. On the other side of chairman po
Peter this week on the communicators, we want to introduce you to luther lowe, who is the Senior Vice President for Public Policy for a site called yelp. Mr. Lowe, what exactly is yelp, and what do you do . Luther thank you for having me on today, peter. It is a pleasure. Yelp is a website and Popular Consumer application that allows people to connect with great local businesses. It is a service that empowers and protects consumers, allows people to discover great local gems, at a way for consumers to warn fellow consumers about not so great businesses. Host how many visitors a month to have . Luther depending on how you break it out, there are folks who access it via mobile web, the website, the app, it is north of 100 Million People then we have 200 million reviews that have been submitted. Host how do you make money . Luther yelp is a vertical Search Engine, not unlike google. If i do a search for a dentist in san diego, there are handful of dentists who are paying to basically have
People to connect with state and local businesses. Its a service that empowers and protects consumers, allows people to discover great local gyms and a way for consumers to warn fellow consumers about not serving businesses. Host how many visitors a month did you have . Guest depending on how you want to break it out, theres folks that access it via mobile web, via the website, via the app. Its about, north of 100 Million People and then we had over 200 million reviews that have been submitted. Host how do you make money . Guest not unlike Services Like google, Search Engines, it is a vertical Search Engine, basically if i do a search for a dentist in san diego, there are a handful of dentists who are paying to basically have a sponsored clearly labeled as such link that lives up of the organic search results and, therefore, they get more discovery of the business and more people, or patients coming through their the door. Host you are the senior vp for Public Policy so obviously we ha
Yelp is a website and Popular Consumer applications it allows both connect with great local businesses. Its a service that empowers and protects consumers, allows people to discover great local gyms in a way for consumers to warn fellow consumers about not so great businesses. So how many visitors a month you have . Depending on how you want to break it out, this people who access it via mobile web, the website, be of the app, its north of the 100 Million People and we have over 200 million reviews that have been submitted. So so how do you make money . Yelp, not unlike Services Like google, Search Engines its a vertical Search Engine if i do a search for a dentist in san diego, there are a handful of dentists who are paying to basically have a sponsored, clearly labeled as such link to get study of business and patients coming through the door. google physically demoted non google results even if they contained information with Higher Quality scores than the information. What does tha