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From apple yesterday plus, jim, fedex and adobe to kick around from last night. Wow i mean, these were congratulations gentlemen and ladies calls because the numbers were so unbelievably good, much better than people expected. Now, this is rather amazing, carl why . Because there were firms that upgraded and pushed and raised numbers for weeks and yet they were dramatically exceeded, fedex because of e com, 96 of the growth is e com and adobe because its how companies are able to digitize quickly, particularly retailers, in order to be able to take advantage of this this amazing wave, this amazing boom of ecommerce to the home because of the pandemic so how can there be such a structural thematically strong story behind ecommerce and packages and growth and the targets that fdx has pulled forward by years and all the good news today on vaccines and therapeutics well, i think whats really convincing here with fedex is that theyre talking about how theres actually a weak economy in the < ....
Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w ....
Experts stress that is not uncommon to do were going to dive into that one in just a moment in the winners, 2020, reversing slack is plunging, lululemon is lower, nikola is down after it was up sharply yesterday its been a volatile last few sessions into the close. 59 minutes left. Certainly has been volatile welcome back, sara, having been off. Ahead of the upcoming debut well speak with Venture Capital investor about his bet on the company which started many years ago and how this ipo might do. Plus shares of retailer five below, more than 40 from the lows well speak with the ceo about whats driving this recovery you wont want to michigan this interview. The one and only Shaquille Oneal about the new effort for Financial Inclusion and access to capital in america. Shaq is coming up later in the show lets focus, ....
Find out soon. Good evening, everybody, all that and much more ahead we start with some breaking news on nikola. Shares are down in the after hours, following a big up day. Bloomberg reporting securities and Exchange Commission will exam over the stock selling fraud and allegations, stock down 7 . Youre response . Again, i cant speak, i said it last week, i cant speak to the voracek asity of the shore seller report, acquisition of fraud, i have no idea, but what i stand behind, despite how the gm is structured, whether their investing money, the fact that gm would link their wagon to nikola and if these acquisition prove to be correct, i think the real deleterious thing could happen with shares of gm, in my opinion, potential for exponential move and gm perhaps didnt do the homework others did. Thats my primary concern looking at this entire situation. Tim, to be clear on the story and were trying to get phil up here any mome ....
And though im told me a lot of ball welcome to news africa were glad you could join us nigeria has suffered the effects of a decade logged insurgency by the boko haram Jihadist Group part of the governments response apart from a military operation has been to offer an amnesty to repentant militants these fighters of then rehabilitated and steered back into society except they sometimes end up living alongside the very victims of their attacks as the correspondent find if a child has been finding out in the city of maiduguri in northeast nigeria. What come to my degree this sign existed long before the city gate negative notoriety for being the birthplace of boko haram in the past my degree was known as a major Training Camp a decade into the jihadi insurgency more than 2000000 people have been displaced some of them find refuge in this. At 1st sight not much has changed since ....