At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth
We are going to go through a very tough two weeks and then hopefully as the experts are predicting, as i think a lot of us are predicting after having studied it so hard, we will start seeing real light at the end of the tunnel but this will be a very painful, very very painful two weeks. Stuart the president s top medical advisers project a death toll in america of up to 240,000. Everyone is now paying attention. Now weve got to focus what will likely be the worst Economic News coming at us in generations. Millions of people will not be paying their rent this month. How will that ripple through . Millions of people have just been laid off. New unemployment claims coming out tomorrow will again show millions added to the jobless list. The airlines, they are reporting passenger traffic levels down 88 in two weeks. And Mortgage Applications down 24 from last year. The market, of course, reflects these new uncertainties. The dow dropped over 400 yesterday and this morning, its likely to o
Policy while mayor is trying to get the minority vote. By the way, third in Morning Consult poll. And then theres this, Bernie Sanders, you think he looks sheepish on the flight there, why sheepish, because the socialist was flying first class, lets get to the market, nice way to open the show on valentines day i think, a long weekend coming up. Some traders on wall street are going to be thinking, wait a minute, do i want to hold stocks over long weekend, i cant fix anything until tuesday morning, who knows what will happen with the virus, in advance of that, we have the dow down just a point, not Much Movement there, s p down 2, nasdaq, im sorry, s p up 2, nasdaq up 14. All right, now this, china continues to report a surge in new cases and deaths from the virus. 121 deaths, chilling number for you, 1,716 medical workers affected since virus erupted in china, 6 of them have died. Carnival cruise lines have canceled 18 cruises in asia, lets get on with it, its friday, Varney Company i
Border. First, President Trump reportedly planning to declare a National Emergency in order to implement his tariffs on mexico. Also, mexico now offering to deploy 6,000 troops to its southern border to try and stem the flow of migrants coming into this country. And a potential deal with mexico could give the u. S. More leeway to deport Central Americans seeking asylum. As of now, though, the tariffs are still scheduled to go in effect on monday starting with 5 . Meanwhile, take a look at the stock of the day. Beyond meat. Seems like we talk about this every day. Its going to be up big after its first Earnings Report since going public. Sales up 215 and by the way, they expect business to double in the next year. Remarkable. Weve got a lot to get to this morning including the president ripping into speaker nancy pelosi. You will hear that in just a bit. Varney Company Begins right now. Ashley happening this hour, President Trump will be leaving ireland and heading back to the white hou
Retiring senator orrin hatch talked about the history of judicial confirmations in a speech at the Heritage Foundation. He spoke at length about the confirmations of Justice Brett kavanaugh and Justice Clarence thomas. This is part of the distant was lecture series and is just over an hour. Good evening, ladies and gentlemen. Welcome to the 10th annual joseph story lecture. On behalf of the Heritage Foundation and the center for legal and judicial studies, great to welcome all of you here tonight. Tonights event is part of our preserve the constitution series that we have this time of year and a story lecture each year in conjunction with legal strategy for him which brings together almost 50 freedom based Public Interest law organizations from around the country. Chaired by our distinguished director of the center for Legal Institution studies john malcolm who is with us today, you will meet him later on. This on is a distinguished American Lawyer and journalist who is described by hi