Highest daily figure, while spain introduces a state of emergency. Good evenining. After 12 days of clashes in the south caucuses, attempts are being made to broker a ceasefire, led by russiaia and heheld in moscow with representatives from both sides taking part. The proposal is thought to include a temporary ceasefire to allow civilians to evacuate in a prisoner exchange. 50 civilians on both sides are reported to have been killed since clashes broke out. It is a breakthrough likely and a truce possible . Our Senior Reporter has more on the ceasefire talks. We have t the first high level talks sisince thisis conft ststarted two weekss agogo. The Foreign Ministers have beenn in moscow for talks. We are hearing from diplomatic sources there could be a t truce on the horizon. This would perhaps be in the form of a humanitarian truce to allow the two sides to identify and take back bodies of soldiers killed, civilians where applicablele. By no means a lasting solution to this conflict, b
Regarding microsoft. Some people did not like the quarter but now we have something that puts them right it not passing in terms of the growth google and facebook among a certain demographic that people want which is the 18yearold demographic. I go on tiktok and there is a good one right now about Federal Express delivering packages versus u. P. S. Versus the post office david, your kids may like it at the same time, its got a lot of viewers it does 80 million here in the states. Yes, one of mine does typically it does skew more female than male and the other one doesnt but this is a fascinating situation, guys, for any number of reasons unlike anything i can recall having seen in part because the government is so deeply involved inbasically dictating the potential sale of a business to one company. And it really ends up being one company. You know, as you guys know, ive been following this to a large extent over the last few weeks and it was a difficult thing to imagine. How would go
Billion on amazon during the lockdown. The stock is up 169 per share. Facebook, another pandemic winner. 2. 4 billion people used facebook or one of its apps every day. That is global clout. The stock is up 16. Now, google, that is the exception to the stock price rally. They reported a firstever decline in quarterly revenue with the economy lockdown, advertisers slowed their spending. That stock is down 16 bucks. Overall, stocks are going up this morning. I see green for the dow, green for the s p and especially a lot of green for the nasdaq, up 111 points. No deal on stimulus. Democrats and republicans negotiated last night. Neither side emerged optimistic. Politico reports that offers were exchanged. The white house wants a fourmonth extension of jobless benefits. The democrats want much longer. Perhaps a deal is still possible. Here comes the hurricane. Look at that cone. Probably not going to be a good beach weather up and down the eastern seaboard this weekend. What does that do
Tthe eamon javers is in washington, deidra, and julia boorstin, and josh lipton on apple we were just seeing a shot of the hearing room as well eamon, we may lack some of the visual drama given the remote locations of the ceos, however there will still be plenty of theater given the star power we expect. Yeah, look, scott, this is scuff iconic moments in business history. Starting with big to bako, the big banks, the pharmaceuticals, theyve all been through this big moment where all of the leaders of those industries are on the capitol hill raising their hands in the air testifying before congress this one wont have quite the sting of that for a couple reasons. I dont think you can say the Technology Industry is as unpopular as the industries were and that huge user base i think will go a long way also, you have this idea which you were talking about these guys are going to be testifying remotely. Theres a bit of distance thats going to go a long way here, in terms of softening some of
Good morning im becky quick along with joe kernen and ars there are some red arrows. You have to look at what has been happening over the last week joe mentioned it is up 3. 5 this week alone watch what has happened. The crazy whip saw market picking up again walking you through the dow. Thank for peter for helping me out with this. The record high 25,551 on november 12. Falling to the low on march 23, 18,591 yesterday, june 3, the dow up 41 back to 26,269 the same story with the s p. Looking at that, you will see it hit a record high 3,386 on february 19. Fell on march 23 to 2,237. Yesterday back to 3,122. It just shows you how rapidly these things have happened and how much ground has been made if you are looking at the nasdaq. Only up 1. 4 from the record close from february 20 treasury yields have picked up the 10year yielding 0. 746 . Crude oil prices are down this morning. Concerns that that opec plus meeting. That there will not be any cuts extended a lot of that comes as you ar