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Higher density battery, greener, but the technological breakthrough towards that are still speculative so the market reacted negatively to that news. Right the bull case is that were seeing built today say that if you were to be able to cut the cost by 56 in three years, it would have enormous ramifications on volume, implications for margins and ostensibly positive for the stock. Cramer said it best this morning, if you were a believer going into the event, you remain a believer and if not, maybe youre not. Fair enough its absolutely true that the Battery Technologies worldwide tesla and everybody elses will continue to get cheaper and better thats a given thats just the all laws that support Technological Breakthroughs support that theory so thats already baked into the price. You know, all the disruptive capacity of the technology is already baked into t ....
Companies listed in new york. Tiktok remains a major stumbling block. Uber delivers, but not where we might have expected. Food shipments top ridehailing for the first time as the decade of unchecked growth hits the brakes. Haidi lets kick it off with a check of the markets. U. S. Stocks are surging, pushing higher as hopes of a stimulus to deal in congress will be imminent as President Trump says if nodeal is forthcoming, he could take action himself. The are seeing s p futures looking flat at the moment after the s p 500 pushed its fifth straight positive session overnight. Chicago nikkei futures also pretty flat at the moment ahead of the holidays kicking off next week so as you expect, we are seeing traders shifting their holdings and also assessing a flood of earnings. The aussie dollar holding that threeday again before the rba Quarterly Monetary Policy fore ....
To go through. Jackie deangelis on the floor of the new york stock exchange. Chad pergram has plenty of news on capitol hill well get to. First Hillary Vaughn live at white house. Hillary . Reporter connell, treasury secretary Steve Mnuchin says he wants to put cash in peoples hands, as part of a economic stimulus package tied to the coronavirus crisis. Meeting with senators on capitol hill asking for 200 billion for these Cash Payments would be a check or direct deposit, saying he wants to get cash into peoples hands in two weeks. I asked secretary mnuchin if theyre looking boosting the Restaurant Industry in addition to airlines as part of an Economic Relief package. Mnuchin says they will be rolling out ....
Records. The dow 28,000 thanks to optimism on a trade deal, ral in Health Care Stocks and uppete report on retail sales, an indication the consumer which has been powering the economys still strong. Here arenghe clo numbers. The Dow Jones Industrial average rose 222 points, to4. 2800 the nasdaq up 61 and the s p 500 added23. The sixth straight weekly gain for the s p 500. The longest win streak for that index since 2017. Bob pisani takes a look at what to make of the bullishness. Another day of record highs. The s p broke out of therading range into record territory, universityia is growing and pretty fast frankly. A number of technicians have but notust the chartists ently feeling good about the trends. Eventrategistnd everyday Retail Investors are getting gunning hoe on the market. Barclays for example s th ....
Interview. That is coming up. To our stop story, billionaire Mike Bloomberg is officially jumping into the race. To Charlie Gasparino, who has been on top of the story. That is a lot of money. Now you have mike on a good friend of my friend greg valentino. I have to watch. I cant wait for that. But in any event. This is a huge story on a number of levels. Mike bloomberg is one of the richest men in america. I think fifth richest, could be wrong. 58 billion. Selfmade man. David wow. New york city mayor. He has upended the race at least for journalists. Now the real question Going Forward, does he upend the race, the real race . I think there are two storylines you will see coming out. One is the bigger one. Does he have impact here . Does he have impact beyond beating the hell out of donald trump, right . A lot of these ....