Speaker pelosi remains optimistic about a preelection aid package. I dont know talks are continuing today not sure how Mitch Mcconnell feels about all that yeah, we got meadows on the tape too making some comments about that well get to that in a bit, guys lets start with snap. Hard to start anywhere else as they crush the estimates, revenue up 50. Rbc this morning says the growth looks less like a v and more look a check mark. And i saw you gave evan spiegel shoutouts on twitter last night. I had to. Doesnt have a lot of followers. Didnt bounce it back to me. Unlike there is some people who get right involved like one of my guests today. One thing i found that was spectacular was when i first started the street, we had a guy from advertising, he said, look, the holy grail is to get someone to start using colgate when theyre 16 snap augmented reality is all about reaching that age before they decide, you any, look, it is going to be old spice or going to be whatever, i dont know, churc
Treasury secretary triggered more fear than any episode of stranger things. Look at the nasdaq, taking the most outsized hit right now, down 89 points or. 75 . The dow is lower by 142, s p down 20. Our floor show traders are mobilizing right now in front of their cameras to root out the markets hidden Pricing Power players. They will tell you how theyre doing that right now. Just 24 hours after that apple event cameo, verizons ceo is here on the 5g future hes promising apple iphone 12 buyers. What 5g really means to you and me right now and what will it take to get those ultrafast speeds into areas still operating in some cases way back on 3g . Hans vestberg with us in just a few minutes. The Telecom Giant joins us. And spac to the future. A new spac ready to clean up in more ways than one. Former nrg ceo david crane taking his Clean Energy Investment to the public markets. What will it take for him to open up his blank checkbook . We will ask him in a first on fox business interview.
Ceo of Electronic Arts, Andrew Wilson as we talk to him about the world of gaming and a lot more john, retrospective of apples event. Were bringing the east and west coast together. Apple unveiling its longawaited 5g iphone 12, but we have been questioning whether the 5g networks, especially here in the u. S. , are ready to drive demand. Josh covers apple for us i didnt see tim cook hedge at all in his 5g pitch yesterday. He was full steam ahead. Thats right, john. Not one bit. Experts are right, they have questioned whether 5g is really ready, but tim cook doubling down on that bet with his new iphone 12. The generation of technology that provides a step change in what we can do with our iphones, the next generation is here. Today is the beginning of a new era for iphone 5g promises faster everything, from movies to games, to all kinds of downloads, and that sounds exciting, but its still just a promise of what could be the reality right now is that 5g coverage here in the u. S. Is st
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
He c. E. O. Of verizon, Hans Vestberg as we proceed throughout the hour. Francine european economies are starting to claw their way out of recession and we had encouraging p. P. I. Physician and the confident p. M. I. Jumped to 54. 8 with the services and manufacturing sectors expanding. Joining us now from paris is william, the Bnp Paribas Group chief economist. It feels like this was a good week for europe. We have the p. M. I. More than expected and the Recovery Fund. If you look at job losses theyre going to get ugly in europe. William that is a concern i have if you look at the p. M. I. Data today. What strike is that yes, manufacturing significantly and new export levels in germany are just flying but the employment series is showing that companies are under no intention whatsoever to increase hiring and on the contrary. Thats a concern. Its a concern because the recovery will depend on what households do, how much they spend and they need confidence. Alix what is going to give t