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We talked about the potential threats to National Security. Many airbnb customers may be out of luck. We have the details. We begin with the volatile state of the global markets. Andy went into lockdown u. S. Virus cases spiked. The dow jones entered a bear market wednesday, the s p tumbling into their market territory after President Trump announced a ban on travel from europe. For the next 30 days. The new rules will go into effect friday. Companies would lose on the downturn and uber and lyft shares fell on the reality that customers are sheltering in place. I asked dan ives for his take on the volatility. Need to put goal post around in terms of demand. When i look at the core names, a lot of the faang names, to me, we continue to believe these are buying opportunities and you navigate the volatility. Look upon a normalized environment, even if you stress test the mod ....
President trump has yet to detail any stimulus plans to stem a potential economic slowdown. Big tech names also feeling the pain. Uber and lyft plummeting amid concerns Everyone Wants to shelter in place. Lets get straight to Abigail Doolittle in new york. Give us the big picture on the pain. Abigail truly a brutal day for markets in the u. S. And frankly, around the world on these coronavirus fears, what the impact will be on the global economy, especially now it is being called a pandemic. Before we know the true scope in the u. S. , look at the decline for the major averages. Dow in a their market. S p 500 flirting with that territory. Investors want out of stocks. They get they cannot take the risk. Finished downy slightly at one point higher. That could do with the fact that they are offering around stimulus, something we are waiting for more details on later today. L ....
Good morning, mr. Chairman. I think the witnesses for coming this morning. An incredibly issue an incredibly important issue we need to care about and make a policy on. Your meeting to discuss the state of cybersecurity and the grid and the continuing threats facing Americas Energy infrastructure. We continue to see increasing threats to the grid originating both at home and abroad. And glad to see the doe firm and others taking steps. Our energy grid serves as the backbone to our economy, Touching Every aspect are our lives every aspect of our lives. Reliable grid is crucial to the National Security and a clean energy future. For lawmakers to enable innovative advancements that we can improve the security and reliability of our electric grid, we must work on a bipartisan basis. And, actively engage with leaders as w ....
September, and if you havent paid attention tesla shares are down 10 this week alone only two trading days. If they had gotten ai from oh. Well talk about that, a war of words, openai is firing back at elon musk. Theres 1 chance well talk about it. Publishing emails appear no show the tesla cofounder did support creating a for profit entity. Lets begin with the markets and the testimony from the fed chair today. Jim, got some news on what he will say in terms of written words. Yeah. Look, i kind of when march is off the table, i think this is, obviously, one of those, i want to get a little more expansive and getting tired of the game of what month instead, what i see is a man who said listen, were not going to have a hard landing or soft landing. Were fine if it gets weaker well cut. Its kind of a Great Central bank essay about what you need to do in order to be able to get out of an inflationary period. David, i think hes becomin ....
The Vice President was put in charge of those negotiations by president obama. An agreement because they failed to get one. Thats what we are talking about. When it comes to our veterans, we have been a great debt of her attitude for what they have done to us. Sure welso want to make dont lose what we have gotten. We agree with the 2014 transition, but what we also want to do is make sure we are not projecting weakness abroad, and thats whats happening. This benghazi issue would be a tragedy in and of itself, but unfortunately, it is indicative of a broader problem, and that is what we are watching on our tv screens is the unraveling of the obama Foreign Policy, which is making the world are chaotic and us less safe. Governor romney talked about the weakness, talked about apologies from the Obama Administration. Wa ....