The most groundbreaking treatment for covid19. The maker of new antibody technologies. More than one Million People now dead from the disease worldwide. Welcome to bloomberg technology. Markets rallying today, tech again leading. Joining us now, abigail doolittle. We were talking about a rally at the end of last week. Is that now going to extend through this week . Abigail it certainly did today. It was not just tech. Rallyeadth of todays possibly more impressive than the size. The nasdaq over this time, the best three days since april. That is the degree of the buying power. Really helping out the nasdaq. Again, very solid again. It was driven last week by apple, which put up its first up week since august, claiming back above the 50 day moving average. The fundamentals not changing so much. Perhaps more technical selling after some technical buying in august. I was mentioning the breadth. Very well. Apple up 2. 4 . Tesla continuing its rebound. Disappointment for another day, up 3. 4
Any new stimulus in sight. And that tiktok trade, you cant really trade it, can you, because its not a public company, but bytedance is formally seeking chinas approval for a deal with oracle and walmart, those are two publiclytraded companies. Yes, they are, jim lets talk markets lets start with that. You know, its funny, i dont know what you make of the pull back today, to the extent we are going to have one or what weve been seeing in apple lately. I keep wondering coming back to that softbank option purchase that we kind of we talked about it for a day or two and then we moved on. Right. You know, a number of people have come back on it with me, jim, and sort of said maybe it had a bigger impact than we realized in terms of the run up of some of these names. It did jack the market up in 1999 fashion which, you know, you know, led to 20002001 which was a disaster and it was frankly unnatural other than zoom almost every one of those stocks that they took up have been crushed apple t
Their platforms to help fight for social and racial equality. Well catch up with members of the Players Coalition who have spent years successfully lobbying lawmakers to enact reforms, ranging from voting rihts to juvenile detention. And inside jobs. On this unofficial last weekend of summer, well explore how many are falling back into a bit of normalcy. From states opening Indoor Dining to schools overseas and the workplace of the future. See how designers and scientists are helping figure out our return to work. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. Lets just try and get through this one weekend and social distance, wash your hands, and were rounding the turn. Reporter a key model is forecasting there will be 410,000 coronavirus deaths in the u. S. By january. I keep saying over and over again weve got to be very careful, particularly as we enter this Holiday Weekend. Reporter the president is suggesting that former chief of staff jo
Navalnys condition and how his Spokesman Says it happened. And keeping students safe. College parties lead to more coronavirus outbreaks on campus. While many younger children begin school. And we asked teachers how they really feel about getting back into the classroom. But first, heres todays eye opener. Its your world in 90 seconds. It is truly an honor to be speaking with you. I am here tonight is a testament to the dedication of generations before me. History was made as Kamala Harris became the first woman of color to accept the democratic nomination for Vice President. I did hope for the sake of our country that donald trump might show some interest in taking the job seriously. But he never did. Fire crews are battling hundreds of wildfires across california. Mass evacuations are under way. With all the fires were currently seeing, were woefully short of resources period. The president criticizing colleges for sending students home. Its significantly safer for students to live w
And were getting some Promising Development to the number of new cases that are being reported, fewer and fewer states are reporting positive cases getting problematic, that is all well and good, there are some issues abroad that we will tell you about, germanys indicating right now it can be a tough winter for germany that she is concerned about the virus part, these are lockable situation, we follow and we will put them together and see what you have to think about and worry about as your kids get back to school and you start thinking about its going to go on here, we got all of that cover, post politics in both conventions are done, they wrapping up one last night, very long speech from the white house but a galvanized debate and a lot of republicans are hoping its also going to bring in the money to support the polls to early tell that the president is not wasting anytime he will be back out visiting New Hampshire tonight he will visit battleground states as he had through the last