And a lot of those stocks on fire. For some folks, that is all you need to move this market. Caroline it really does blow your mind. Taylor i will leave you here with three comments, not to cut you off, caroline. Jeffrey gold main and end cam partners are three analysts raising their prices on amazon. Almost a 2 trillion company can rise more than 5 on the day. Jeffreys, 3800 price target from goldman. Looking at 3350. Talking about the structural shift underway from these companies that are not just benefiting from a work from home environment, that is a permanent change that they see not going away. Caroline i take you or three, i raise you three. Im looking at morgan stanley, rbc, and socgen worrying about the complacency in the market. Looking toward the election we have in the u. S. , the risks as we get into august, september, and the turn we see in the market. Lets get the take from chief Investment Officer who is still with us. Is there complacency in this market . Brent maybe
Increasing pessimism about growth. More ceos than ever see a slowdown. Sophie chinas mystery virus is spreading through persontoperson contact. Hubs stepping up passenger screening. Lets turn to selina wang in beijing with australian markets coming online. Selina we did see australian markets red hot. We are now starting to see them drift slightly lower, marginally except for the new zealand up. 2 after gaining 3 since the start of this year. We did yesterday see the equities hit record highs when it comes index price and private equity valuations. So, that would be enough to ring bells in normal times but our strategists say that macro backdrop in australia is dire enough to call this rally into question when you consider the massive wildfires that are damaging their economy. With increasing focused on environmentally sustainable investing, that rally is potentially at risk. I want to check on that a little bit more with this next chart. Thelook at that rally in context of the u. S. C
Evening, everybody. Sue is off tonight. Stocks again close at record levels. Well get to that shortly. First, another shoe hashe dropp inongoing crisis involving boeings grounded 737 max, and this te it fel in the companys c suite. Ceo Dennis Muilenburgs out immediately. Chan David Calhoun will take over next month and investors reacted positively to that news sending shas higher 3 . Phil lebeau has been following this. Why now . Reporter bill, i thiwo there were things that had happened within the last month that the board of directors ounally said,. We have to make a change. The first one being thatbu denn muil was called to washington, d. C. , and he was essentiallyressed down by the head of the faa. Theead of the faa said you dont make demands. We call the shots as to when this plane is safe anddy r to return to the air. That was a very public meeting. Maybe the meeelng i wasnt public but it was a dressing down. Ceos rarely he that happen. The second thing happened four days later
Major funding for the pbs newshour has been provided by a you can do the things you like to do with reless plan designed for you. With talk, text and data. Consumer cellular. Learn more at consumercellular. Tv su and with the ongoing pport of these institutions this program was made possible by the corporation for public broadcasting. And by contrutions to your pbs station from viewers like you. Thanyou. Woodruff the United Nations released a grim and alarming t assessment abo impact of climate change. Even worse, it found that acountries around the wor not doing nearly enough right now to slow the damage before it becomes worse. The probability of avoiding Dangerous Levels of global average temperature increases is dwindling. So essentially, if you look at the global emissions, they are still going up. A new u. N. Report. S according to it found the planet will have to reduce Carbon Emissions by 7. 6 a year between 2020 and 2030. Instead, emissions have been increasing by about one a
Plus, a manhunt for a marine accused of murder. Officials warn he could be armed and dangerous. Where they think he could be where they think he could be hiding. Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie green. Investigators in Southern California are trying to determine a motive in a School Shooting that killed two students. Last Night Community members with students in Santa Clarita held a vigil. Three other students were wounded in yesterdays shootig. The suspected gunman, also a student, is hospitalized in grave condition after shooting himself. Marc liverman is here in new york. Marc, what more do we know about the accused gunman in this case . Reporter well, police say the suspected shooter pulled a gun from his backpack and just started shooting at innocent victims. Whats still unclear, though, is why. Weve got an active shooter at Saugus High School. We need all units to respond. Morning. Ter the chart we ju