Under siege. But front line er doctors still manage to send a message of hope plus, weve got a live one shark tanks mr. Wonderful kevin oleary in the news tank, talking Small Business survival. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. The United States just topped more than 13 million covid cases, according to johns hopkins. Los angeles has just issued a new stayathome order it starts on monday. A full report coming and all of this as the virus has disrupted another american tradition. Black friday, normally one of the busiest shopping days of the year not in covids 2020 in many parts of our nation, thinner lines at stores. Smaller crowds at malls. Many people opting to shop from home instead its a trend accelerated by covid. Shoppers projected to spend as much as 10. 6 billion today. Thats according to the data firm Adobe Analytics and thanksgiving day spending rose by more than 21 compared to the same day last year. Total sp
Moo its biden versus trump trump stock, trump stock. Both of which are going in surprising directions. If you you thought the election is over, the president is trying to do an end run around the results and fighting tooth to nail today the dow lost 222 point [ screaming the s p 500 declined points at 8 . Nasdaq dipped 2. 2 hey. I know it didnt feel like it was so bad but if you were in the nasdaq except for a couple of names, wow. They crushed it. Why dont we start there with next weeks game olympian . On monday morning we are coming in and, sadly, im betting we pass the 200,000 mark. Thats right 200 thousa,000 thousand cases an the virus is hurting business. If not monday, tuesday, wednesday, a question of when, not if i know there is a sense that we have had a big vshaped recovery which is terrific. But our inability to stop the spread is putting a crimp on business orders and retail sales. Just yesterday, work day, reported a solid quarter we have the coceos on the show but they me
Amazon billion offer to goes from rivals to partners as jeff bezos is willing to take a 40 stake in his indian retail revolution. At thelets take a look set up for the session of trading in asia. We saw that resumption of the loss in the u. S. How are we setting up in this part of the world . Sophie a pickup in volatility once again. In asia, futures are mixed, but we are seeing s p eminis. Chicago adding. 3 . The yen is stuck in the range with brexit risk also a consideration. We are watching tiktok reaction to trumps extension of that tiktok watching reaction to trumps extension of that tiktok sale. Jupiter Asset Management is cutting its exposure to debt of Chinese State linked borrowers so that is something to consider as well. Ahead of the u. S. Election, you are seeing one vol bets can yuan vol bets. Keeping an eye on korean bonds with potentially 6. 3 billion of supply coming through. The government may submit its proposal to parliament this friday. The global rush of Corporate
This is tomas decks and he used to be a bank clerk now in his new home of china hes a star like. Almost x. And is an influencer he promotes German Companies online in china he spent the last 4 years living in shanghai watching how chinas digitalisation history in past that of germany. This includes payment one standbys as coffee but thats not all. Musty x. And uses apps to organize his entire life. 50 stuff with advice for instance i can use city service to check how much pension ill get Health Insurance parking tickets you can even pay your electricity your doctors bill how you can do just about anything in just one simple app i dont carry my wallet with me just my cell phone and you know but. And since this is now the case for most people in china even the poorest have switched to mobile payment this man is wearing his painted up coat around his neck. Did the digitalisation really is a revolution would you dont get to choose whether to take part in it or not if you just. After. Digit
Portfolio . Then there is this. President trump i thought it was a very divisive speech, extremely divisive. We have tremendous amount much enthusiasm for my campaign. Charles President Trump pushing back against former First Lady Michelle Obama who declared him in over his head. Well get reaction from Katie Pavlich on that. All that and much more on coming up on making morn any. Making money. Charles golly, folks, monster quarters for two of the bigger names in retailing. Walmart, home depot posting results well ahead of expenses. Mindboggling increases in samestore sales. Wall street is anxious what happens next with additional stimulus. That is stuck in limbo. We are erin sikes and kristin benz. Let me start with you. Walmart was initially up 6, 7 in the premarket. Home depot, again, surge, surging, folks kind of wondered can it be reflip indicated, can it be replicated without stimulus . Where do we go from here . Is certainly can, charles were . A walla so no economy. Home depot w