Now. Amc up 10 . Sunpower corporation has dropped. Watch that volatility. And our good friends at black berry are up a little over 1. 5 after what was a wild, wide ride yesterday. Well talk more about that and the implications of that. Are we back . Are we back . Its like going in a time machine. Treasury yields, we should mention this. Copper prices hitting a record high overnight. 5. 02 per pound in an effort to build the global economist maybe something well talk about with our secret mystery guest who knows a lot about evs and cars and other things. So gamestops up, sorkin, today. It is. But not as much as it was. It opened at almost 65 yesterday. It did. It closed at 48. It did. Today were in the mid50s. Were not hitting the crazy high we hit yesterday. Im torn. Theres no doubt, i agree with you, its like certifiably insane, but then there are people that write in, so you clowns think its okay for hedge funds to have naked shorts and do this and do that, but its not okay when the
Down for a fourth straight quarter and the stock down 10 well talk to brian grazer plus, ipads, keyboards, maybe cars well look at the trades from here. And dow being hurt by disney, wouldnt it . Im here. I want to wish you a welcome back, because we have missed you. To her point about specifically whats going on with that trade for the dow, if you look at disney shares, but for disney we would be up about 100 points on the dow. Were currently up about 5 the s p 500 is trying to get back to that 5200 level. Solidly above the 50day average price on a rolling basis at these levels for the s p were about 1. 5 away from record highs and 5 away from the lows we saw back in april. Thats a pretty strong move. The nasdaq up about. 25 generally speaking over the shorter term, weve seen yields drifting lower the twoyear note yield is at 4. 81 . The tenyear at 4. 43 . Crude prices up. 5 . Gold trades off a little bit and bitcoin sits at 63,574 check out some of these names. Amazon is one that we
See the tents that are here that remain all lined up along sproul plaza. Protesters are telling me that they have a committee that has met with campus staff. The students tell me that one of their big demands is that uc review its investments and cut ties with any weapons manufacturers and related military supply industries that are involved with the israeli attacks on gaza. Weve met with all, all sorts of people, chancellor christ, the staff. Im not sure about the positions of each of these people, but like its in progress. Student protesters have been camped out here at sproul plaza, and organizers say earlier today they had a small victory saying they were successful in getting the undergraduate student body to vote for divestment of their student funds from entities involved in israel, though they did not say how much funding that is. I did speak with an expert today in Higher Education funding, and he says this is not the first time student activists have called for divestment. In
Thats hoping to boost sales. The stock is on pace for what would be its seventh straight day of losses. Its down 20 in this month alone. And the house passing legislation over the weekend that could lead to a ban of tiktok in the United States. Lets begin with the markets after last weeks tech selloff. You now have 29 of the nasdaq 100 components down 20 or more below their 52week highs, more than 3 4 of the ndx falling from such highs. Friday, the equal eight s p, best day in a few years. You know, we saw something really interesting on friday, super micro, down 25 . Thats an analog to nvidia. Nvidia has much higher intellectual property. Thats because it announced when its quarter is coming and this is the first time in so many quarters they have said, hey, were doing better than expected. Its similar to what happened to broadcom. Broadcom, on april im sorry, march 8 said the same thing. They did not preannounce. Go back to that period, the unemployment number that friday, thats the
Battle twith microsoft and the battle with prime. Things were in a different place with layoffs and a big restructuring taking place with the distribution model at the company. If you look at where things are right now, even with some of the downward pressure on stocks across the board, you are looking at the market cap of 1. 9 trillion. The Company Making 575 billion in revenue and sitting on 70 billion of cash. The stock is up year to date and is now up 6 since andy jassy took over from jeff bezos in july of 2021. That was in the middle of the pandemic. We have so much to talk to him about. We will bring that interview to you in the 8 00 hour. As you mentioned, given everything with inflation and the consumer may be feeling at this point, really perfect time to be talking to him about what he sees with his huge Retail Operations and beyond that and what is happening with technology. If you look at where the markets stand after big declines s yesterday, the dow down 400 points. The si