Day. It is definitely a top heavy move. You see it up 0. 8 . The equal weighted up too. Nasdaq up by a full percent. Alphabet as mentioned popping this morning. It is now up about 4. 3 and the biggest upside contributor. Apple is ahead as well, 1. 4 on reports that apple might use googles zoo a. I. Capabilities in the iphone. Crude up another the high since halloween. It leads to the talk of the tape. Based on a goldilocks economy, a. I. Excitement and prospect of an easier fed, is the playbook changing . Lets ask adam parker, Research Founder and ceo at a cnbc contributor so. Adam, yeah, those have been the narrative threads that worked pretty well. Almost no pullbacks. Some pockets in the market in the last couple of weeks and things have cooled off but not fallen apart. Where does that leave us . I think the bull case is still intact, right . If the average company can have gross Margin Expansion and if i start thinking earnings will be up for the next few years well be ahead 25 ver
4. 2 it has pulled back off that, a little bit, as you see there the nasdaq down for twostraight weeks. This takes us to the talk of the tape whether it has room to go. Chip investors stepping up and buying today, after the call on nv nvidia kristina is following that today. Its been a nice bounce. 6 , nice bounce the narrative is buy now thats what Morgan Stanley and bank of america is saying about nvidia shares. Theyre calling that an entry point for many, especially with earnings on next week. Nvidia is only serving half of the demand in the a. I. Market. Thats enough to rodrive revenu. They think q2 of 11 billion, which is 50 higher than what analysts is anticipating, is conservative nvidia should blow past its number that call is why youre seeing the stock up 6 . Not everything is perfect. That could cast off nearterm upside secondly, ali baba, and others are trying to rush the chip over fears that the Biden Administration will impose more export restrictions. Overall, you need to
i would suspect there is more than one person involved in this. based on the law enforcement response that i saw that look like they had prepared to engage in more than one suspect at a time. molly: christina pullman as the latest on this case, christina. moment we learn disturbing details of investigation newly released desk rest affidavit on the case but here s what we know now. memphis police say the abduction of transport was violent and caught on surveillance video early friday morning for police believe the suspect 34-year-old rust and forced her into a black gmc terrain and there appears to be a struggle. several witnesses including his own brother reported he tried to clean out his suv floor cleaner and wash his clothes in the house sink. investigators believe cleotha abston was try to clean up blood out of his suv and fletcher was seriously injured in the attack. cleotha abston try to get away from u.s. marshals yesterday found him in his suv. but he was taken in
On nvidias numbers . Lets welcome Jordan Jackson is Global Market strategist for jpmorgan Asset Management and stephanie link, hightowers chief strategist and Portfolio Manager and cnbc contributor, both here at post 9. Great to have you. Jordan, a momentous week obviously, and i think the question on everybodys mind is now what . What do you think is next . I think weve got some further upside from here and i think we could see another 5 to 10 upside from here. The reason being you have three put, the fed put, you have the earnings put and the consumer put, right . The fed seems bias to begin cutting rates at some stage, its not a matter of if, its a matter of when. Earnings are coming in, First Quarter earnings came in better than expected. Doubledigit growth being expected for next year, as well. Most of the performance in the market this year has been driven by earnings. The wild card, its consumers. If they start to be more tapped out which is certainly some early signs of that, t
Ben carson and Chris Christie referred back to their personal experiences as kids growing up poor. Jeb bush focused on job creation. You have to get people engaged in the workforce again, you cannot have a society where they are obsolete. Reporter during mark x and rubios, several protesters were let out as they argued against rubios immigration policies. We will enforce our immigration laws guys. Governor. Nikki haley think the president ial hopefuls for coming out ands poke about South Carolinas progress on the war against poverty. This is about talking about opportunities and solutions, if we continue to talk about them and we follow up by acting on them, we will make every day a better day in South Carolina reporter wach news. The next time they join together in the palmetto state is january 14. They will meet in charleston for another republican debate. Doll trump was in iowa today but something that happened last night had everyone talking. A woman wearing a muslim his job scarf