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Negotiations to sell the short form video app u. S. Assets say the ceo wants it and sees it as a prize. We should tell you the bid for tiktok which reports say could go as high as 50 billion are due this week. President trump has said if theres no deal by september 15th to sell its u. S. Arm to an American Company, he will ban the app. Tiktok sources tell us the company has witnessed not just an american but an international rush to download the app ahead of the possible ban. President ial trade adviser and China Hawk Peter Navarro is about to join me live to talk about the bidding battle for tiktok and what has sparked the administrations ban threat on the chinese social media disruptor. Is there evidence hes ready to reveal . To the nasdaq, racing toward a fifth record close in a row, its longest string of backtoback alltime high finishes for the year and the s ....
Lauren simonetti watching those markets, blake burman standing by at the white house and Hillary Vaughn is in baltimore where the Vice President is expected to address the Republican National convention this evening. Lauren, we start with you. Lauren hey, connell. Tech certainly led the way today, but that wasnt all. Manufacturing remained strong. Orders for the big expensive items surging last month and hopes for a vaccine alive and well. Moderna says new trial data that the vaccine candidate built immunity older patients. That lifted sentiment. The dow rising a quarter of 1 . S p 500, four Straight Record closes. The nasdaq, five straight. Above 11,600 for the very first time. Alltime highs, amazon, alphabet, microsoft, and facebook. Yes another record close ....
Edward lawrence is live in d. C. Hillary vaughn live on the ground in wilmington, delaware. Susan, start with you. Were seeing a record close for the nasdaq and s p 500 as well. Now one star stock performer today, we have to bring updraft kings, dont we . It rallied almost 14 in presession. Not a bad 8 gain today. This is after bringing Michael Jordan on board as stakeholder, investor in the company and special advisor now to the board. Jordan brings his brand name along with him star power and strategy and sports knowledge. We have news from the worlds Biggest Company apple, today. Yes, a bit of a drag. Giving back some of the advance, not all the advance weve seen on monday. Worlds Biggest Company, 2. 3 trillion. That is bigger than the entire European Market a ....
The deadly terrorist attacks touching nearly all americans but none perhaps more so than Cantor Fitzgerald chairman and ceo who lost twothirds of his 960 new york employees that day, including his brother. Each year on this day, he brings in celebrities to raise millions for 9 11 charities but this year, we are going to talk to him about Going Digital due to another National Tragedy that has gripped the nation. Howard lutnick live coming up. But the coronavirus lockdown, not bad for everybody. Paying big rewards for one company, peloton. The shining star of the workout from home boom as fitness fanatics gobble up its connected bikes and digital workouts and treadmills. The ceo john foley is here on his crazy covid Quarterly Earnings and how to keep the rpms ....
Everybody. Well see how the nasdaq settles. It is just about at that level right now. Look at big tech titans, microsoft, amazon, alphabet, facebook, apple, all those individual stocks down significantly today. Apple down nearly 7 . Apples market cap falling below the two trillion dollar milestone as well. On top of that, it is the worst day for oil in three months, sliding to the lowest level since june. Well cover all angles of this. Fox Business Team coverage, blake burman at the white house, gerri willis and Edward Lawrence standing by with their reporting. We begin market panel, carol roth and gary kaltbaum, kaltbaum Capital Management a fox news contributor. Let me start, gary, with the big rotation out of the big cap momentum stocks, particularly technology, the last three sessions i guess and it continued in ....