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Good morning, carl has the morning off. We want to focus on the state of mna in tech. There has been swings and others that were formally the prey have skyrocketed to valuation thats now give them currency to join the hunters. Between tiktoks impending sale, were seeing now in the second half of the year there is plenty of action still to come. Listen to what bob peck told us yesterday on that front. If you go back to march, it was about two billion. So really it ground to a halt. You saw in june, and it has been a tale of two cities a big acceleration and 3 q over 2q so you have seen a ramping here. People are getting more of a feel on valuation, liquidity concerns, their portfolios, s a strategic rationale and more mna continuing to take place through the rest of the year tiktok is the most talked about target President Trump saying he will not extend the deadline. Oracle is on the hunt to buy it, they didnt talk about it at al ....
The 27,700 level. Remember, it was 18,000 on march 23rd. The s p, what, nearly 3400. New alltime high. The nasdaq well over the 11,000 mark. Who would have thought of that. Add it all up and yes, we are now in a brand new bull market. Heres another reason for the rally. Terrific performance from major retailers, target, out today with a blowout report. Online sales nearly tripled. It was targets best overall growth rate ever. That stock is going straight up. Add this to the numbers from walmart, home depot and its clear the major retailers won big by staying open in the lockdown. Really, though, kind of tough on the smaller operators. Got to get to it. The convention, boring in my judgment. Tv ratings way down. Wheres the excitement . Everything is on tape and the whole thing lacks the spontaneity of a live crowd. The performance of the old guard, bill clinton, john kerry and a grim chuck schumer. The bright spot was aocs oneminute appearance. She nominated United States , Hong Kong , New York , Colorado Springs , Saudi Arabia , Cassie Smedley , Elizabeth Warren , Gregg Smith , Holland Hill , Jay Wright , Nancy Pelosi , Joe Biden , Tim Cook , Martha Maccallum , Biden Harris , America Stuart , Joni Ernst , Andy Biggs , Tjx Lauren , Trevor Lawrence , Grady Trimble , Larry Ellison , Eva Longoria , John Mccain , Bernie Sanders , Tim Scott ,
Are watching this morning, snow already falling in parts of carolinas and georgia, up to 6inches could blanket southern part of virginia region and eastern North Carolina, drivers are being warned about extremely dangerous Road Conditions this morning. Onto coronavirus this morning, the number of cases appear to be falling as death toll is now topping 2,020, 2200. The passengers quarantine have tested positive for coronavirus. New infections in china have fallen this week but new cases are being counted and they have a new way of counting the cases, the virus claiming 2,248 lives with at least 76,000 individual cases confirmed across the world. 27 countries affected by the deadly path of coronavirus. 11 americans meanwhile cruise ship tested positive, i will be speaking with two passengers, one of whom is infected. Maria roger stone learns fate, roger stone sentenced to 40 m ....
Dallas . Years ago. Traveling with a big sales whats interesting is it is a connected supply chain so what were actually discovering here with the coronavirus is those factories outside of china, they person a deal . A few of them i was a stock broker. Also are having supply trouble not able to start production in would you like to buy this or many cases because all it takes would this be better for you is one part to come from china alternative choice questions. So our products are electronics, you do. Fairly complex and parts really she doesnt get on a plane come from all over the world and unless there is money to be those parts that come from china made everything you do should be are affected. Okay. Closing. Bernie, thank you for joining us this morning im closing every day appreciate it. Coming up, can a slick we digress. It is up we are green today multimillion dollar ad blitz translate to success on the up 65 points, the s p indicated debate stage thats the question of the nigh ....