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Plus tiktok continues to tick in the u. S President Trump gives his blessing to oracle and walmart buying a 20 stake and shares of electric truck maker nikola tumbling after a firm accused the company of making, quote, an ocean of lies. Jim, theres going to be a lot to process, not just today but all week long. We have 14 fed speakers during the course of the week and powell three times well, look, powell is on the side of those who believe you should be a buyer. Its pretty clear that powell does not want things to collapse a stimulus dealdeal that seems like a thing of the past were down off of something no one understands. Maybe uk lockdown. Thats not us. Maybe madrid lockdown not us this banking story so emamorfs in other words, what im saying is weve been down for three straight weeks, carl the big faang stocks are down double digit this is when you start thinking maybe there is something to buy. Its been so bad for so long a ....
Lets get straight to steve liesman. Jay powell testimony before the House Services committee will note improvement in the economy saying Household Spending has recovered three quarters of the decline and say this is in part response to federal spending and higher Unemployment Benefits which is running down he said housing has rebounded and Business Investment showing signs of improvement but overall employment and Business Activity with well below the prepandemic levels an the out light is uncertain. He makes special mention of the feds main Street Lending program, a 600 billion program with a backstop from the troo z treasury hell be sp ....
But stronger than expected bottom line results. Those earnings really driving disney higher. Its up 4. 5 on news that disney is bracing its direct relationship with consumers announcing it will show mulan to subscribers on september 4th this is a dramatic change to disneys distribution model. It is sending theater chain stocks lower its building on a bright spot in the quarter which is doisney plus topping 60 million subscribers. Disney now has in total over 100 million subscribers across its direct to consumer businesses. Despite the challenges of the pandemic, weve managed to take deliberate and innovative steps in letting our businesses. At the same time weve also been very focused in advancing and growing our direct to consumer business, which we see as a top priority and key to the future of our company the impact of covid was felt deeply, particularly at disneys park division. The company says it experienced a 3. 5 billion net adverse impact in segment operating income due to cov ....
A good. Image that. The new auto show on t w. Getting you into gear on the cutting edge developments that the folks who are involved in the commute we focus on Green Technology is obsolete in a few months but. Has also featured head to heads. And the latest launches lets talk if we want and this is it would fall out of the process and smoko of the stories from around the world thats a good loser be missing welcome to breath. Weve come to this beautiful beach in denmark for a very special kind of speech challenge. S. U. V. S are struggling with their public image at the moment theyre seen as climate killers gas guzzlers and polluters but at the same. Sometimes there are more popular than ever among car buyers. And this is the muscle car among the s. U. V. S the 550. 00 horsepower for chicago and who pay its fuel consumption way more than 10 liters per 100 Kilometers Per Hou ....
Details are you. Getting you into gear on cutting edge developments. In that we focus on green technology. The pops and in the field right. And also featured head to heads. And the latest launches. Talk if you look at this is simple. And small believe the stories from around the world the belief goodness and welcome to breath. Weve come to this beautiful beach in denmark for a very special kind of speech challenge lead as you bees are struggling with their public image at the moment theyre seen as climate killers gas guzzlers and polluters but at the same time theyre more. Popular than ever among car buyers. And this is the muscle car among the s. U. V. S the 550. 00 horsepower for chicago and who pay its fuel consumption is way more than 10 liters per 100 kilometers. Our car tester gina is convinced itll feet all comers in a straight sanscrit. This Power Washing is all the idea of a posh. Just want the seats. Of the old 911 washes ....