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Becomes a cash flow power house in your words. We think were seeing the part of the possible and the buzz kill of the probable coming together the worlds alarmer tam. The worlds most energetic, enigmatic, courageous ceo. A phenomenal human being in many regards, and then against that, and also frankly the product has a huge lead on anything else in the market on the other side of that to extrapolate that out, 10 or 20 years, investors are making a number of bets theyre betting on the legacy guys failing even if they spend half a trillion trying to succeed. And i think the big bet is against amazon, apple, and google nose are the things that concern us right now when you see the case there at 70, is there a symmetry on how good and bad it could get. If you lock most people in a room for a week or a month and say you need a 5,000 or 10,000 share price for tesla, they can dream the dream, right and you would have to have a path to get there. That may not be provable, right . What we are t ....
Facebook, netflix all turning positive we are up 3 4 sorry, 2 3 on s p. Another higher day, certainly off session highs. Coming up on todays show. Great lineup uper facing fresh lawsuit from massachusetts over how it which was its drivers. Early investor bradley tusk has an idea that can help them avoid headaches and take on rival lyft hes going to join us to explain. Speaking of the pandemic, new Jersey Governor Phil Murphy will join us to discuss his states path forward, whether hes prepared for what the fall will bring in the northeast. Lets focus on two key stories meg tirrell with modernas vaccine news and Big Bank Earnings certainly better with Goldman Sachs. Meg, start us off with moderna. Hey, sara the full phase one trial results from the Covid Va ....
So it has the slightest bit of a speed all steel doesnt cut it off. The power of corporations must come to an end. But our Current System insurers the corporations become more and more powerful. But needs to change. The trend and i want to ask someone whos been standing description for years. As one of the greatest intellectuals in the. Chomsky is a professor. Just a can or a chair and a prominent critic of to all but i say sure. You must be very busy i suppose. As you can say. Ok that. Brainwashes down to something in the seventys beginning of the seventys. Thats when the beginnings of concern with the environment began to be raised among the general population so of course our systems after its on the triumph is theyre going to maintain their control some but what is the power of corporate today bears on our power is based on their control of the capital on their control of investment decisions. There are massive influence on go ....
Prince mohammed bin solomon that unless the organization of the Petroleum Exporting countries opec started Cutting Oil Production he would be powerless to stop lawmakers from passing legislation to withdraw u. S. Troops in the kingdom for sources familiar say yeah well i dont really understand this all saudi relationship anymore i mean why are we why do we have troops there and saudi arabia anyway why do we have troops and cutter so huge military bases its a waste of money. Why do we have troops in south korea thats a waste of money why do we have troops in germany 50000 american troops in germany thats a waste i want to you know we cause we have is huge military presence all over the world we have a huge cia n. S. A. All these intelligence agencies that we pay you know as taxpayers theyre funded with 1. 00 to 1. 00 trillion dollars a year and when this covert mo ....
I also have a great guest for you, michael kolanovic, j. P. Morgan, he thinks the bottom is in and hell be here to explain why and well talk about what hes seeing and why hes studying coronavirus trends around the world to try to understand the stock market, netflix made a new high. Bed, bath and beyond, that stock is up a little bit after hours and its down about 80 over the past year. We got a triple whammy we have to start with the market bad data on retail and oil falling to 20year lows and the banks continue to drop on their earnings concern guy adami, of those three because i would argue and i didnt think data mattered at all, of those three which one matters the most to you . I think the fact that oil cant get out of its own way out of those three the way that banks have traded, we can talk about that, but the way the data we knew would be miserable and maybe its worse than a lot of people thought and the bloviating and the noise, it cant get out of its own way and the rally las ....