There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mixed messages. President trump says georgia is reopening too soon. He says he strongly disagrees with georgias decision. However, he will still leave it up to the states. Heres a positive. The Field Hospital built specially for virus patients in houston, texas, may be dismantled, not needed, underused. Lets get to the markets. First im dealing with oil. Look at this. Moving back up again in price. 16. 71 is the production price right now, but production is being scaled back very very sharply. Sup
Bombshell accusations. A key government scientist claiming he was pushed out of his job in the middle of the pandemic because he pushed back against the antima lar i cant drug touted by President Trump. What the white house is saying this morning. Pets and covid. For the first time in the u. S. Two house cats testing positive for coronavirus and seven new tigers and lions infected at the bronx zoo. What the cdc is saying about animals and the virus. The count down to the nfl draft. Commissioner Roger Goodell joins us live this morning. And legends banding ther. From bon jovi to tony be nnnett and the boss himself, Bruce Springsteen. The star tstudded jersey for jersey benefit rocking out to raise moan for their home state. Good morning, america. Robin were seeing so many frontline workers support each other every single day. We really are. New york hit so hard by the pandemic. The nypd paying tribute to the Health Care Heros who volunteered to help out at new york city from all oefrp t
What did she think it was about. She didnt know. She said that she was going to try and find out more but she had wanted to give me a heads up. In fact, i think she may even have been instructed to give me a heads up on that. And so i asked her kind of what is the next step here . So she said she would try to find out more and she would try to call me by midnight. What happened next . Around 1 00 in the morning she called me again and she said that there were great concerns, there were concerns up the street, and she said i needed to get come home immediately. Get on the next plane to the u. S. And i asked her why. And she said she wasnt sure but there were concerns about my security. I asked her, my physical security . Because sometimes washington knows more than we do about these things. And she said, no. She hadnt gotten that impression that it was a physical security issue but they were concerned about my security and i needed to come home right away. You know, i argued. This is ex
The Halftime Report with scott wapner begins right now. Welcome, good to have you with you on a monday joe terranova, we have the chief Investment Officer and adam parker, ceo, and we begin be the markets. The stocks under pressure this hour follow through perhaps from worries that the strong jobs report may keep the fed from keeping Interest Rates as much as some hoped. Throw in some bignamed downgrades and big picture, joe, okay, we said Morgan Stanley, okay, they have been negative no big shock right . Mike wilson sat on this desk and you have got his view. Now they say theyre putting their money where they their mouth is lowest level in five years big reason lower returns. Al plain and simple. Right call or not . I disagree with the call. Disagree with the call because im not certain first of all, Morgan Stanley as a Wealth Management company, im surprised theyre not giving you where are you going with this capital. I dont want to put it in cash, im not emerging market bonds and In