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Biden. Last ditch support efforts for both candidates moving at breakneck speeds. And digital gold. Cryptocurrency on demand with rising prices for bitcoin. You can crypto a lot of things, but dont call it currency yet. Rising aftertocks resuscitated hopes for a spending package. The nasdaq had a modest game game. Abigail doolittle is in new york. Abigail another choppy day. We have not had one day this week when we have not had stocks up and down throughout the day. There has not been when they were that has been the case. We have seen a lot of intraday whipsaw. Investors are pretty nervous. Some uncertainty. The s p 500 is up after spending most of the day down. Up about 0. 3 . Two down Sectors Energy and tech. Not surprisingly, tech being weighed on by intel. The stock one of the only indexes on the date of fall. Day to fall. Data center sales missing down 10 year over year. The guidance tepid as well. At the end of the day, it ....
Plus, the congressional hotseat next week. What the text ceos will face in the line of fire. A halfmising to deliver billion cars this year from tesla. As they rev up the next chapter. Tech earnings continue with intel reporting after the bell, a lackluster report for the comely. Shares are down. Abigail doolittle joining us now with more on todays market action. Give us the highlights. Abigail you were mentioning lackluster are not very exciting , they missed in a big way. The stock down about 10 in after hours, plus the forecast not so great. Interestingly, usually when this the stock is already down 10 on the year so really not a great quarter. The stock is getting hit more so after hours. ,here we have some strength at t beat top and bottom line estimates. The wireless business is strong. 8. 6 million active users, a fraction of netflix and disney. You see netflix still down after their disappointing quarter. , theiris riding high competition having a little bit of a tough time. So ....
She started as an investment banker at Morgan Stanley, rose to be the cfo, and was recruited away to be the cfo of google and now alphabet. She has enormous influence and has done a great job in making certain their Balance Sheet works well and they really are better organized. I have no doubt she is going to be a power at alphabet, unless the next president says i would like her to be secretary of treasury. She will be a terrific candidate for that position. During this time google has done quite well and alphabet has done well. Your stock is up 20 and i should say, from the time you became cfo, the stock is up over 200 and market cap over 200 . Done quite well under your leadership. Im curious, are more people looking at doing searches during this covid19 time than ever before or are people not spending as much time searching . Ruth people are spending a lot of time searchin ....
Still think that. Travel. With. The stories that. 0. Hello im daryn jordan this is counting the cost on aljazeera you look at the world of business and economics this week brazil has the worlds 2nd highest number of coronavirus the economy is in meltdown and graft cases are piling up against the president s family but also hours popularity is on the rise also this week crops some livestock under threat mexican farmers feel what little water they have is going to be given to the United States. And the battle for the skies a british startup joins a crowded field to develop electric flying cars which could take to the us in the middle of this decade. Now from all the headlines you may think that brazils president j. Bolts an arrow is having a terrible pandemic his dismissive belligerence saw the virus run riot with more than 4 and a half 1000000 cases and over 135000 deaths brazils been hit hard by the virus but support among the poor ....