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0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from on ....
Everywhere as more and more companies file for bankruptcy. A to analyst says a number of fla names could come out stronger. Later, what makes tiktok tick. An inside look that is dominatidominate ing social media as china is saying it would rather shut down the service in the u. S. Than succumb to a forced deal well tell you about that as power lunch starts right now thanks welcome to power lunch lets take a closer look at plarkts right now. You have industrials and materials leading the way higher in fact, materials is the only sector in the green this week. We havent talked a lot about that as a source of leadership tech that had been the leadership havent recovered from the steep sell off. The nasdaq still down about 11 from its record high its worst for a lot of the individual names docusign down from its 30 high. Tesla down 27 from its all time high apple is lower today apple is down about 20 from its high as well apple near a 3 decline. Tyler, back to you with can skinny stimulus ....
Deal and its official the u. S. And china have their phase one trade deal but this is just the beginning of law a long negotiation process theres a lot to break down here and were excited to have Richard Wolfe both of economic update on here to help us cut through the slopes and dig through the details. And while we have seen a breakthrough on the play front the tension is still present in the tech sector and the race but we take a look at the latest battleground in the telecom fight taking place in the United Kingdom so much to get to and sell little time lets go. Despite this touted as a quote a landmark signing of phase one between president and vice premier and they all the markets are still on enthused phase one has pretty much been priced into the market already so if anything additional detail starts to take the steam out of the rally and it came of the surprise that ex ....
A long negotiation process theres a lot to break down here and were excited to have Richard Wolfe both of economic up on here to help us cut through the slopes and dig through the details. And while we have seen a breakthrough on the prey front the tension is still present in the tech sector and the race. We take a look at the latest battleground in the fight taking place in the United Kingdom so much to get to and sell a little time lets go. Despite this touted as a quote a landmark signing of phase one between president and vice premier li all the markets are still an interest phase one has pretty much been priced into the market already so if anything additional detail starts to take the steam out of the rally and it came of the surprise that existing u. S. Tariffs on chinese goods will stay in place even appy the deal is signed bloomberg reports that the 2 sides have an un ....
Trade arguments and terror threats and the u. S. Investment restrictions will continue throughout 2020 the official text will be released later on to review but there is a nonpublic component of the agreement which is a confidential annex with detailed purchase amounts devils always in the detail as we wait for the documents to be released. I mean this is fascinating seems like its a big win for the Trump Administration but what is china really getting out of actually signing this deal today here in washington exact us ive got a clue what i was getting with the quid pro quo why is china actually getting china is making these huge ad commitments 200000000000 dollars worth in the following 2 years and what is it getting not in return not getting spanked by more terrorist by the u. S. To avoid more punishment by the u. S. How is that exactly fair is not really getting any additional reward in return then why do they sign the de ....