Busiest day of earnings season and as we await a vaccine, more positive news from one drug maker about a possible treatment. You are watching Worldwide Exchange here on cnbc good morning, im dominic chu in for Brian Sullivan. We begin with stock futures pointing to a possible turnaround with the dow kit e indicated high, 175 to the up side, s p up by 27 and nasdaq up by 125 the dow and s p are coming off their first single day performances since june 11 the blue chip index seeing its fourth done day wn kaday in a re late february. Since the selling began on friday, the dow has shed a total of 1843 points, roughly 6. 5 it is on pace for its worst monthly performance since march. And it wasnt just the dow Big Technology also taking it on the chin over the past couple of days take a look at facebook, alphab alphabet, apple, tesla, and more together losing some 270 billion in market value just since tuesday alone. All of this coming as the u. S. Reporting its highest number of coronavirus
23time nhl allstar and is considered one of the greatest hockey players of all time. Gordie howe was 88 years old. Louisville, kentucky is saying a final goodbye to his favorite son today. The world watched the body of boxing legend muhammad ali carry through the roads of his hometown in a funeral service. The private Graveside Service was held later for the heavyweight champion. An Interfaith Memorial Service took place at a sports arena packed with celebrities, comedians, athletes, politicians, and fans of the man simply known as the greatest. He was 74 years old. Global news 24 hours a day powered by 2400 journalists in , more than 150 news bureaus around the world. Bloomberg west is next. Emily i am emily chang. This is bloomberg west. Coming up, the power shift. Apple puts qualcomm chips on hold for intel. We will discuss what it means for the three tech titans. Gawker tagged out. The website has enforced into has been forced into bankruptcy, it appears. We will have full details.
, and fans of the man simply known as the greatest. He was a muddy four years old or global news 24 hours a day he was 74 2400 years old. Bloomberg west is next. Emily chang. Apple puts qualcomm chips on hold for intel p or we will discuss what it means for the three tech titans. Gawker tagged out. The website has enforced into bankruptcy, it appears. Tech forecaster says a car will soon be the smartest thing you own. We will reimagine the future of your commute later this hour. Days before apples annual Developers Conference, the iphone maker announces a major change a month suppliers. Amongst suppliers. The next iphones will use modems from intel, replacing qualcomm chips. Qualcomm closed down 2 . They will be used on at t u. S. Network and some other version of the smartphone for overseas markets. Iphones on the Verizon Network will stick with qualcomm cards. This is three days before the developer conference. What upgrades and announcements can we expect, and will they reinvigorate
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