Universities write to the uk education secretary calling for more money to help with the cost of taking in extra students following a government u turn on a level grades. And coming up this hour, the three victorian forts originally built to defend england against the french going up for sale. Hello and welcome. If you re watching in the uk or around the world 7 and stay with us for the latest news and analysis from here and across the globe. The number of people being randomly tested in the community to track the prevalence of covid 19 is to be incased up in england. From october, 150,000 people will be tested every fortnight as part of the office for National Statistics programme which is separate from the Mass Testing Programme of people who have symptoms. The figure is up from the 28,000 in england who are currently sent a home testing kit. Testing will also be expanded in scotland, wales and northern ireland. The health secretary, matt hancock, says the expansion of testing in the
Attention to what is happening. Very much what we did earlier. This is it this is what Christine Lagarde says the central bank will do. The governing council will carefully assess incoming information, including developments in the Exchange Rate when it comes to simplifications for the mediumterm inflation outlook. Christine lagarde, president , speaking earlier and joining us now. Christine lagarde basically indicates it is ok until there is an impact on inflation. Three ways the ecb can talk about currency. They can talk about principles, how it is not a part of their policy. They get seriously concerned about the movement currency and it could lead to price stability or the aims to achieve inflation goals being undermined. We can go back to worrying more about covid19, more about the growth prospects, rather than ecb getting too worried today. Whenever you see a headline about policymakers, bear in mind the context of where it is coming from. Those comments are in reference to the q
Ahead . A delayed launch, Rocket Companies sinking after reporting its first results as a Public Company, the ceo will join us in just a few minutes to discuss. And later Tyler Goodspeed as jobless claims come in under consensus and post a new low since the start of the pandemic. A lot to work with today, david and melissa, as we watch that intraday period yesterday where we saw tesla down 10 , for example, worst day for a moment there since early may, david, and then the buyers came in and we will see once again if that happens with some of those names like tesla down about 6 before the bell. Yeah, well, listen, im glad we have melissa with us today for so many reasons but one is because theres nobody who knows more about this company or certainly has talked about it as much as you guys have on fast, melissa, for obvious reasons as it has soared over the last few years and last few months have been truly extraordinary we keep making comparisons to the late 90s which we all know well a
Were going to give them more. Target soaring today if youre looking to buy the stock now, have you already missed the mark . We will debate plus, we are following the after hours action in shares of both nvidia and l. Brands both stocks on the move after reporting results. Well break down the numbers a surprising stat on l brands that i promise you did not know. Later, bonawyn is taking to the mound to pitch his next best idea why he thinks this housing play may be a total home run. We are going to begin now with breaking news on airbnb and their plans to go public lets bring in deirdre bosa with more on the details. This is a filing that we have been waiting for for a very long time however, airbnb filing confidentially so well have to wait a little longer this isnt unexpected. A source told me airbnb could file as soon as august and shares could trade this year just because you file confidentially doesnt mean you have to ipo any time soon. What may be surprising is that airbnb is fav
Mike, this morning im zeroing in on enterprise, looking at zoro down 30 right now. What is interesting to me about these names is they both got a big bounce after sales force and workdays earnings reports but theyre giving that back today and then some. Investors seem to maybe be realizing that these names are tied more to overall Enterprise Spending it has not been great versus that sass exception that we saw. Im wondering what you think of what is happening in that space. First the rhinoceros horns at the end tell you something the hottest money, the ones that went the way up, the last spurpt is being taken out i think that this is happening in the context of what many of us have been saying. The market looks a little stretched. A little at the high end of its up trend it should cool off and it was pushed and pushed and pushed a bit higher in part because there has been a welling up of kind of momentum, speculative action, partially in the market some kind of an unwind going on now.