This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
A twinkling hopes for another season in the top flight with a peak when the last place terrible. Welcome a day of street protests in different parts of the world many focused on bryces and messages spotted by the death of a black man in the us at the knee of a Police Officer but there was pushback in many cities from 5 rock groups who said they were protecting National Monuments or Even National identity or report starts in london. Police had warned everyone to stay home the threat of spreading the coronavirus to great but in the area Trafalgar Square smoke bombs and tear gas bottles and rocks were the main concern as rival protests and protesters scuffled with the police who were trying to keep them apart emotions took over in some areas far right activists taking over a major boulevard those who said they were guarding and now boarded up statue of Winston Churchill pushed back police as well the statue had been vandalized earlier in the week by people claiming churchill was a racist.
And retail and return. The making of making the return of a merchandise a more customerfriendly experience. Thats the return of friendly. Ell talk to the creo. Four potential competitors are demanding that Mark Zuckerberg be forced to give up control of facebook. In a lawsuit they accused facebook of anticompetitive behavior. They want the social network to sell its whats app and facebook asset. Facebook says the claims are without merit. We are joined by the colead council in the case. Great to have you. Thanks for having me. I wanted to break down some of this piecemeal. First, i wanted you to talk about Mark Zuckerberg and giving up control of facebook. Is this even possible . And why . Control incontestable over the company. His class of shares overpower the class a shares. He has Carte Blanche to do whatever he wants with that company. He has control over the board. When you look at the details of our lawsuit, the anticompetitive scheme was hatch and executed and at times executed
Usa, huntsville, alabama, 11 00 a. M. On wall street. And squawk alley is live good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with leslie picker, mike santoli at post nine of the New York Stock Exchange jon fortt is on assignment, Morgan Brennan is in huntsville. The resurgence of rocket city, usa. Morgan reporter hey, carl, thats right. With a population of fewer than half a million residents in huntsville, alabama, one could be forgiven if they dont realize how significant this area has been to modern american history. Before the 1950s, it was watercress capital of the world. The army moved a Ballistic Missile program here in the 1950s, into the 1960s. Nasa was established the Marshall Space Flight center, began to develop rockets for major Space Programs like apollo, and that legacy has continued all the way into today. Theres Something Like 400 aerospace and Defense Companies operating in the huntsville, alabama area today part of the reason this is called rock
Consumer, which continues to be driving the rally. I think you heard this from ceos last week. Im curious to see if we get more earnings this week. Ise you said, even if there a little bit of week this, the fed will bail things out. Atoline we are looking also what is happening in terms of thirdquarter revenue. 3. 9 5 billion. O 3. 84 billion, in the middle of that range. We are starting to digest this as a bellwether to have the chip industry is performing. Scarlet up 3. 3 . Optimism. , upng the day up about 0. 8 1. 6 today. You wonder what this means for the rest of the chip sector. You heard this from ams overnight, they raised their guidance and said asian demand was not being is impacted as thought. One of the biggest suppliers are huawei, apple, samsung. They were noted a bit of a recovery in the chipmaking second. Nearterm concerns. Fiveyear longerterm recovery for the chip sector. Caroline shares holding a after hours, too. What are you watching . Apple, im looking at which rea