Killer, a fox business exclusive, this is really interesting, with the ceo behind the Public Company that owns the rooms where its all happening for these vaccines. A vaccine not coming soon enough for new york city. Times square still without its throngs of summertime tourists. In doughnut world, you go big or you go home. The ceo of krispy kreme takes us behind the scenes of his flagship store. The s p getting an alltime high. It just needs any gain whatsoever. We are just at the flat line at the moment. The dow up 47, looks to snap a twoday losing streak. Plus could housing be too hot to handle without more stimulus . Apple now truly in a club by itself. Less than an hour to the closing bell, lets start the claman countdown. Liz breaking news. Microsoft not oracle is and will be the company to buy tiktoks u. S. Assets and a binding deal will be signed by the september 15th deadline imposed by President Trump. In a fox business exclusive, sources close to negotiators at bytedance, the chinese parent of the wildly popular short form video app, tell me quote, if september 15th is the bottom of the ninth, talks with microsoft are in the top of the seventh inning and that microsofts head start in expressing interest in tiktok has given it the momentum in holding the lead. These sources are also telling me that while a deal, a signed deal, whether thats a long form agreement or perhaps a shorter detailed sheet, will be complete by the 15th, that of course being the day President Trump says he will ban the app unless the u. S. Assets are removed from chinese control, the actual close of the agreement could take another three months due to the complicated technical nature of such a transfer. The deal would include tiktoks new zealand, australia and canada divisions but my sources are telling me quote, the uk assets wont be. Quote, we dont want to sell tiktok uk. Now, while neither tiktok, microsoft or oracle had comment, immediate comment, im told oracle with a much smaller 174 billion market cap versus microsofts 1. 3 trillion, would have to possibly partner with bytedance investor sequoia and General Atlantic partners in order to even get to microsofts level. So thats why, you know, oracle isnt really that lead horse, but it is definitely a real offer. That is it. Like a real interest that oracle has. Although President Trump considers chinas ownership of tiktok a National Security risk, he expressed support for oracle ownership. Bytedance sources tell me quote, remember trump also said he supported a microsoft purchase so its really just equal there. A successful completion of an ontime sale of tiktok may ultimately lie with tiktoks ceo kevin mayer. Media sources familiar with mayers deal making expertise tell me the former disney exec will be the key telling me quote, no ceo has ever been put in the crosshairs so quickly by a u. S. President who demands the sale to a u. S. Entity and that trump is quote, lucky theres a deal maker like mayer in the chair. Coming up, Michael Nathanson on the Biggest Challenges any suitor for tiktok faces and what advantage owning tiktok could bring to whoever wins out. All right. S p just sitting there on the flat line. Thats why we have it on the lower right hand part of the screen for you. Apple, lets get to that. Apple is now the disputed undisputed king of the u. S. Stock jungle. Just before 11 00 a. M. Eastern time, the tech behemoth crossed the 2 trillion market value line, becoming just the Second Company ever to hit that milestone. The first being saudi aramco in december. Apple is the first u. S. Company to reach this mark but to stay there, it needs to remain above 467. 76 a share. It currently stands just below that at 465 and change. Shares, though, are up 110 since the pandemic woes. Unbelievable move for apple and historic day certainly for that company. All right. Its a tale of two retail earnings reports. First up, tjx company, the parent of tj maxx and home goods and marshalls report sales fell 31. 8 last quarter, because many of the companys stores were closed for a third of the quarter. The forecast doesnt look too bright. Tjx says its planning for its open only comp sales to drop 10 to 20 in the third quarter. Shares are down 5. 6 right now. But target reporting gangbuster numbers, with comparable sales spiking 24 in the second quarter. The biggest highlight, listen to this, you guys, Digital Sales were up 195 from the same quarter last year. Shares, no surprise here, spiking 12. 7 in this final 55 minutes of trade. So no question, the stock market has sported a vshaped recovery, right . Take a look at the year to date comp chart for the major averages. Nasdaq, thats the red line, doing the very best with fresh records but even the dow is clawing back to where it stood at the start of the year. You do have to wonder, considering the target, walmart and lowes amazing numbers out there, how brightly the stimulus checks might be coloring some of these stocks. You know, you got to wonder, right . In multiple rounds the u. S. Government has offered more than 2. 7 trillion in stimulus. Walmart even credited stimulus payments for the boost, citing parabolic online sales of 97 . Home depot says purchases exceeding 1,000 per ticket were up 16 in the last quarter, just as Many Americans started getting their 1200 stimulus checks. But the big names and even walmart warned that stimulus cant last forever. Lets get to the floor show. Should we listen to walmart which basically warned dont get too used to these blowout numbers, teddy . Well, i dont know. You walk around new york city, i have been away and am back now, every other store seems to be closed. On the other hand, the big winners clearly are the Big Box Stores like walmart, like home depot, like tj maxx. The consumer is basically trapped at home and they have the stimulus money. They only have two choices in terms of spending it. Stick it in the bank and savings is way up, or Home Improvement. The Big Companies that have the online offerings to go along with the Product Offerings are just hitting the ball out of the park. We see that with the earnings just today. Liz yeah. And target, best buy, macys, seeing the gains here. Walmart down, maybe because it was just honest out there. Weve got lowes following in walmart and home depots footsteps as well, reporting website sales up, what, 135 . Revenue up 30 . The company says it spent nearly half a billion on higher pay and supporting local communities through the pandemic. Is scott there . Can we get scott there . I am here, liz. Liz okay. Okay. So then weve got housing related to the lowes and home depots of the world. Is it red hot despite the pandemic or because of the pandemic, as people are really pouring a lot of money and effort into their homes . On the phone that answer is yes and yes. The troubling thing about it, liz, is without more stimulus, i think many of these high flyers, even the walmarts, even target, home depot, i think they are going to suffer moving forward. Because you look at what the government did in the stimulus, you look at the money that they put in peoples pockets and much of that money went to pay bills and much of it went for consumer discretionary. Without that again here, that is my concern is that many of these companies are not going to be able to even come close to replicating what they did over the last quarter or two quarters. You know, in fact, the fed came out earlier today and said they saw this sizeable increase in Consumer Spending because of the stimulus. So if we dont get another stimulus package or if we get one but its, you know, a fraction thereof of what we had, and we dont get a reopening, we all want that vaccine, we all want therapeutics so we can get reopened but if we dont get that, i think a lot of these businesses are going to be in trouble. Liz yeah. You know, i will say this. That moment that a viable vaccine is put out there and announced will be a fascinating moment for the stock market. People will either sell on the news or we will see a huge massive move in the markets. Its hard to really determine what we will see. Teddy, scott, thanks so much. You guys may get to witness an s p record once again. S p is up just under one point, folks, with the closing bell ringing in 51 minutes. Dow is holding on to gains of 54. Yeah, you know, we are looking at the nasdaq, trying to keep above the green line there. We will keep our eye on that, too. We got to look at goodyear shares getting blown out by President Trumps call for a boycott of the tire maker. The president apparently upset by reports goodyear workers were being told they could not wear political clothing, including the Trump Campaign related phrase make America Great again. Despite goodyear saying those reports are misconceptions, shares are still down about 2 to 9. 53 a share. The 2020 battles not stopping there. The democratic partys biggest guns yet about to take center stage tonight as both parties zero in on the swing states. Up next, we are taking you live to the heart of one of the biggest battlegrounds of all, pennsylvania, next on the claman countdown. Hey, can i. Hold on one second. Sure. Okay. Okay safe drivers save 40 guys guys check it out. Safe drivers save 40 safe drivers save 40 safe drivers save 40 thats safe drivers save 40 . It is, thats safe drivers save 40 . Hes right there. Its him hes here. Hes right here. Hi hi. Hey thats totally him. Its him thats totally the guy. Safe drivers do save 40 . Click or call for a quote today. Safe Simon Pagenaud takes the lead at the indy 500 coming to the green flag, racing at daytona. Theyre off. In the kentucky derby. Rory mcllroy is a two time champion at east lake. He scores stanley cup champions touchdown only mahomes. The big events are back and xfinity is your home for the return of live sports. Liz to the race for the white house. We are now less than seven hours away from a major moment in the history of our nation. Vice president ial nominee Kamala Harris expected to speak tonight at the Democratic National convention. She is the first black woman and the first person of asian descent on a Major Party Ticket but shes not the only big gun on the schedule. Tonights speakers also include joe bidens former boss, president barack obama. Massachusetts senator liz warren. And President Trumps 2016 rival, Hillary Clinton. One place you know folks will be glued to the tv, the suburbs in the allimportant battleground state of pennsylvania. Connell mcshane live outside of philly in westchester, p. A. Connell, what are you hearing on the ground there . Reporter a lot of biden support in this area which isnt very surprising, liz, when you look at the trends of how Chester County has been going in recent elections. There was a fox poll that pointed out the support the former Vice President has not only among suburban voters but women voters in this state that came out in late july, up 26 with suburban voters in pennsylvania, up 17 with women voters. I would say anecdotally that tracks pretty well with the voters we are speaking to here in this area. Its a wealthy area, its been going more blue than red in the last decade plus and theres a lot of antitrump sentiment around here. We need leadership and we need somebody with just empathy that can relate to people. I have never once felt that hes ever been able to relate to me. I dont appreciate his character. I dont appreciate the way he goes with race divisions. I think he says hes for small government and he isnt. Reporter the problem for biden or the challenge is not necessarily winning in a county like this, its by how much. Hillary clinton won four years ago in Chester County but donald trump did so much better in other parts of the state that he ended up winning pennsylvania overall. Thats why we asked some of the voters we ran into whether they were voting for biden or against trump. I would say its as much a probiden vote as it is an antitrump vote. No, its more than just antitrump. Its hard to differentiate at this point in time. Hes the only one running against him. I mean, we dont really have much to choose from. Reporter just to wrap things up, we are driving later tonight when we are done here in Chester County to the north and to the eastern part of the state. We will end up in joe bidens hometown of scranton tomorrow. Thats in Lackawanna County which is opposite from this part of pennsylvania because here, this was republican for many years then as i said it started to shift more to the left. In Lackawanna County, you have the prodemocrat union vote that dominated for years, but then they shifted more to the middle. As an example, barack obama eight years ago won there by 27 points but Hillary Clinton only won by three. Curious once we get up there to see how much trumps support is still there or maybe building from four years ago. Such an important state. Liz oh, yeah. In philly, arent the sixers playing tonight . Im not sure. Dont quote me on that. They are in the playoffs here. It will be dueling television here. Connell, thank you very much. Connell mcshane. Live from pennsylvania. Key battleground state. With the closing bell ringing in 48 minutes, dow has just cut in half its gains. Still up 22 points and 800 points above the 27,000 level. S p has turned negative. Again, i remind you guys, you may witness another record close here. Any gain for the s p, we have seen that multiple times today, would be a new historic move. We may still be a month away from the official start of fall but Dunkin Brands already ahead of the trend, releasing its signature Pumpkin Spice latte and fall menu today. This is the earliest dunkin has ever released its seasonal offerings. Rival starbucks has yet to announce when its famous psl will be available. Dunkins other rival krispy kreme gearing up to turn on the lights at its flagship times square location next month. But after months of delays, how will this new 24hour location keep the visitors coming while tourism remains low in new york city . We have the ceo about to give us a tour of that new store next on the claman countdown. Introducing stocks by the slice from fidelity. 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With nearly two decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, us money reserve is one of the most dependable gold distributors in america. Liz the grim retail reaper rearing its ugly head in san francisco. The gap has thrown in the towel on three of its stores in its hometown, including its Market Street flagship store. Stock is down about 1 . The parent of old navy now pretty much looking to build up its online business. San francisco, not the only big city taking hits. The New York Post published this oped this week in which the author proclaimed quote, new york city is dead forever. Okay. Just stop. First of all, can we just tell him to stop . Its not dead forever. But the pandemic fear factors not enough at all thankfully to scare away one National Chain ready to make a very gutsy move. To times square live now and new doughnut wonderland krispy kreme where the ceo Michael Tattersfield is joining us. Show us around. Just as mcdonalds has closed one store on 42nd street and others are fleeing, if you believe this oped, you are diving in with arms, head, feet, the whole thing. Yeah, we are. We strive to be the most [ inaudible ] brand in the world. As you can see from our new flagship here in times square, its amazing. Its incredible. I even think you can see behind me, i walked in for the First Time Since its be