A situation a former Prime Minister is described as apocalyptic and 70 is on to they were driven to local extinction jack you as a bank in their natural habitat in argentina. We begin with the race to vaccinate against covert 19 johnson and johnson has become the 1st company to announce trial results for a single dose jab it says its vaccine is 66 percent effective and plans to seek emergency authorization in the United States next week or last just a day off to the American Company novak said its vaccine was 89 percent effective in u. K. Trials meanwhile the European Union which is already secured 2 vaccines is now approved astra zeneca job for all adults this while it tussles with the company of a delayed supplies and faces criticism of a slow rollout there is dominic kane has more now from the german capital ballin. This is the astra zeneca vaccine in use available to british patients most at risk from covert since late last month and from now on officially so too for many e. U. Cit
Welcome to our special 2020 election coverage. It is so nice to stay up altogether. I think the world is really riveted by what is happening with the vote counting in u. S. I am francine lacqua. Tom keene in new york. Interesting to look at market movement. The world is watching this razor thin election, just trying to understand why it is taking so long in certain counties, and of course trump to find out what happens in the senate race and what happens with the president. Tom its going to be extraordinary this friday and the uncertainty of where we are friday afternoon, where we are into the weekend. One thing that is very evident as we edged towards recounts, which will move us nicely from november and even into december. One telling statistic, the sum right now of the five states, forget about alaska, the five state disparity between these 3,919 votes out5 of 150 million that have been made. Francine we are talking about razor thin changes. The latest electoral vote count 64, the m
Earnings which will include some hightech bellwether names later in the week. We have apple shares, they lost their opening pop despite top apple analysts saying first day iphone 12 preorders surpassed last years numbers for the iphone 11. That bodes well for the mini and pro max, who Iphone Models that have not taken preorders and ship four weeks from today a couple more big q4 products, the xbox series x and the Sony Playstation 5 will hit shelves verizon and at t this week morelikely with 5g comments Texas Instruments and intel all reporting. Mike santoli joins us now with more well get more of a Critical Mass of earnings hitting the tape the question is is the street going to be more impressed this week than last week in the opening rounds we had an 81 beat rate by the companies that reported last week yet the average stock move buzz down more than 1. 5 in the one day after those results. It suggests perhaps that a lot of investors would think a big beat rate was in the bag for thi
Day. Pete, i come to you. Jpmorgan the quarter was good Loan Loss Provisions were surprisingly good. The commentary today is a surprising show of coronavirus resilience thats what i just read. Why is the stock down . You know, initially it had a nice pop to the up side, scott i think people step back and say the financials, we need to hear a lot more about what theyre going to be able to do at some point in time thats outside of the trading spot because thats another area the Loan Loss Provisions, you just brought that up but how about the trading numbers . The trading numbers are outrageous for them and for citi that is an area we expected to be strong. It was Even Stronger than expected but theres more to the bank than that. I think thats what were going to be struggling with for a while with these financials. And when you look across just about every name, scott, other than Something Like a black rock, asset manager. When you look at the banks and the financial world there, they jus
Announce the launch of its 5g. Power lunch starts right now tyler, thanks lets look at shares of apple. Remember, they were up 6 yesterday. They were down about 1 as the iphone event began last hour they are now down 3. 5 so you really took a turn lower in the last few minutes there. Josh lipton is standing by as the event continues. Josh the event did begin here. Four new models so far introduced so apple is saying the latest and greatest technology, billing it as the smallest, thinnest, lightest 5g phone in the world, thats at starts at 699 and then the next model will start at 799. Then there are those that want the most Cutting Edge Technology for them apple offers the iphon 12 probe and iphone probe max. Theyre powered by 814 bionic chip that should mean a real boost in performance. New camera system in these phones thats very important to consumers. New Wireless Charging system as well it not just iphones either they also did announce a smaller, less expensive version of their ho