Did as well in terms of market cap. You can really move if you give the market a beat. Romaine you saw apache rally fall by and conoco about the same amount. This split between Companies Still invested in shale and companies that have more offshore resources. Taylor i still think we should have bought oil at 30 per barrel and stored it in your swimming pool. Romaine right next to the gold. We are waiting for a lot of earnings today. Apple, amazon, facebook, shake shack, yum brands. One of the busiest days of the year right now. As isne gileads outcome Electronic Arts. The 1. 44 expected. Second quarter revenue, 5. 1 billion, that is a slight mess. That company, focused on pharma. Electronic arts. Gaming has been front and center in terms of what we have all been up to. We are seeing Electronic Arts seeing the full year 21 1. 6ngs, revenue coming at billion. Romaine doing well on the quarter and guidance. There is an issue of high expectations. Even as you have adjusted revenue coming i
Economy as well. With concern that it would hurt the reopenings that would have been under way along with another round of infections because of all the demonstrations diane swan tweeted out today, theres little question the events of this weekend will affect the economy what started as a health crisis, but much more. The riots lasted, how long he wrote a long piece saying, its too soon to know how the economy will transition. The timing and trajectory of broad economic recovery will not be altered hopefully we can find ways to expand opportunity, a way that will more effectively tap the potential of everyone. That will be good for the economy long term. The economic story this week, before the issues was going to be about bouncing off the bottom and indeed we have a paradox here bouncing off of terrible numbers to numbers that are still absolutely terrible. The ism today coming in above 43 were looking for 44 its better than the 41 we have. Same story with ism services on wednesday. T
Days, weve seen the dow up over 1,000 points a gain of 553 yesterday and 529 points on tuesday. Looking this morning at the dow futures indicated up another 105 points we are back above 25,000 for the First Time Since march when watching the dow s p is up just under a point the nasdaq down around 54 points both of those indexed were hire yesterday as well. The 10year looks like it has been yielding around where weve been around 0. 677 we will continue to watch this this morning we have a lot of big guests coming up. Now to the moment weve all been waiting for. Joe and andrew, ill send it over to you. What moment would that be well be in a twoshot we are good we spoke yesterday we are good. You didnt have much time. We made the news. A few comments. People seem to have differing opinions he wasnt able to talk much. We were moving on. He had zuckerberg. We dont have time to dwell. Weve been together 10 years longer than many marriages we have our moments but we will disagree but not be d
Latest kayla . Melissa, this effort by the white house to target social Media Companies for a perceived bias has been under way for nearly a year, but in the wake of twitters Fact Checking President Trumps own tweets, policy officials rushed the executive order out today. Heres what is in it which the president signed this afternoon. Agencies from the fcc to the ftc and many other agencies in between are directed to review liability shields that are provided to these content companies that protect them from lawsuits over what appears on their platforms. The department of justice are directed to organize state attorneys general to enforce the crackdown. The federal government is also going to be issuing a widespread review of taxpayer dollars that are going to these platforms in terms of the governments own ad spending and all of this is expected to happen over the next 30 days. These agencies are supposed to report back and these funding totals are supposed to be submitted to the offic
59 minutes left of trade nasdaq 100,. 2 from a record closing high set in february hard to believe. Seriously is hard to believe. Were up 0. 4 . Coming up on todays show, despite growing dissent, tech stocks once again nearing all time highs well discuss the outlook for the sector amid new challenges with investor dan niles. Plus, powerful words from one of the biggest icons in sports, nba lenld, Kareem Abduljabbar will join us with his compelling message for all americans about the need for what he calls a rush to justice. Lets focus in on the big stories we are watching in this final hour of trade. Mike tracking the Market Action as always. Julia boorstin following the cory russ of dissent inside facebook and courtney covering the civil unrest mike, start us off with the Broader Market and this continued strength we are seeing yes, continued, persistent strength its a day when its gone a little bit away from the nasdaq leaders that were were so familiar with. That trend has remained