Giants of silicon valley. 10 trillion in market cap. Adam lashinsky, from fortune, both fox news contributors. Along with former investment banker carol roth and tech expert lance ulanoff. Thank you so much for joining us. Scott, first to you, which of these stocks will move the market, move the most after the bell. Given where we are during the pandemic and kind of where the consumer is i think it is an amazon story and not because amazon is retail and tech with Amazon Web Services youre getting a little bit of both. Youre getting a little bit of tech with amazon and certainly get the retail exposure. Amazon in some cases, david, by some estimates is pushing a hundo billion of revenue. That incredible for reporting services. That is a big tech titan. A big retail titan. That is why it holds so much water. David adam, call me oldfashioned i look at apple of the four stocks, because sometimes they low ball numbers before the earnings come out and investors are surprised when they do. Fr
Restrictions in new york city is boosting education about masks and social distancing. U. S. And china ramping up tensions. Washington rejects beijings claims to the South China Sea and top senators are facing mainland sanctions. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening higher, gaining one quarter percent after stocks fell in the regular session. Sharply higher throughout most of the day and then we saw a bearish reversal in the afternoon. Marcus dealt a double whammy with data showing that virus cases surged in california, as they that makes up 15 of u. S. Gdp. Not to mention escalating tensions between the u. S. And china. The u. S. Denounced chinas claims to the South China Sea. The s p 500 at one point hit the highest level since march before falling in the afternoon. Led by tech and communication stocks. The nasdaq composite hit another record high. At the end of the session, the biggest fall in more than two weeks. Take a
Issued a new sanction on iran to punish the regime and crack down on its few remaining sources export revenue the latest sanctions target metals as well as construction manufacturing textiles and mining making basically the entire iranian economy also limits to any nations that have diplomatic ties with the u. S. China is now caught in the middle as it has long been irans largest trading partner maintaining a friendly cooperation spokesperson addressed the new sanctions monday in beijing. For a long time china and iran have been conducting mutually beneficial and friendly cooperation in various fields under the framework of International Law it is lawful and justifiable and not harming the interest of innocent 100 it certainly should be respected in our tent we urge the u. S. Side and media to stop all the wrong practice of sanctions against chinese businesses we will firmly dip into the law and interest of chinese dont see anything that we china is now calling for the u. S. To immedia
Wall street. Thats clear. The dow clod at a fresh record today. The s p eeked out an alltime p high,ting it on track for the best year in two dades. Today the d gained another 23 points. Now at 28645. The nasdaq slipped a bit its peak but still above 9,000. And the s p rose byce 11 s. And it nachd its fifth straight week of gainsow much of the focus this ek has been on the Technology Sector with the nasdaq breaking through 9,000fare the first tim yesterday. We told you which stocks helped power to that level. Tonight dominic chu looks at the stocks that could take it high sfleer stocks like microsof facebook, apple and n individually have pushed the ds nasdaq to outperform over the major indices. If the bullish trends in markets continuing into 202 which nasdaq stocks are expected to do the heavy lifting . Since the nasdaq is a market valt weightedde the Biggest Companies have most influence over performance. Among t biggest names with market values of at least 100 billion, a handful a
The quote trade war is not over yet and that just the 1st round of the game doesnt sound very optimistic here so we shall see what transpires on the 15th if it gets done will be optically pleasing for the trumpet mr ation despite heavy doubts of whether the agreement will be implemented in full by both countries know that one only covers the low hanging fruit and if china and the u. S. Can even come to an agreement here phase 2 which will involve industrial policy ip items that touch on sovereignty while that will be near impossible and while fears of an escalation between the us and iran seem to dissipate in the market president issued a new sanction on iran to punish the regime and crack down on its few remaining sources export revenue the latest sanctions target metals as well as construction manufacturing textiles and mining making basically the entire iranian economy also limits to any nations that have. Diplomatic ties with the us china is now caught in the middle as it has long