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That is all ahead but we begin with seema mody and the Market Action today seema, it was record highs to start. Were not there yet, though. Yeah. Thats a great point, dom. Three hours left in trade. Take a look at the screen. Were actually losing a bit of steam. Nasdaq now down just about three points s p 500 higher by four and the Dow Jones Industrial higher by 64 points. Nasdaq, if it gets back into positive territory, it would be on track for its tenth consecutive close. That would be the longest strea since 1997 and it really has been a strong weak lets break down when stocks have been leading the charge as you can see, it is primaril technology apple. Intel. Amazon in fact, amazon stock now playing catchup on track for its biggest oneweek advance of the year in response to those strong Holiday Shopping sales ....
House. Power lunch starts right now welcome everybody to power lunch. When i buy, it is the peak when i sell it is the bottom. Thats my life story stocks, they are down this hour. The dow and s p 500 both on trek for a second straight down week, but the nasdaq is on pace to finish the week higher watch the bond market, folks yields on the twoyear treasury note hitting the beginning of the financial crisis a 1. 71 . Check out the etf that tracks energy we are on pace now for the first week in more than a year big moves in retail to tell you about. Abercrombie fitch up 25 on earnings ross is up 10 footlocker up 25 on its earnings more on that ahead the death of retail may be exaggerated. Were watching apple, the tech giant delaying a key launch of a crucial holiday product. More on this coming up melissa . Ty, im melissa lee twentyfirst century fox is reporting that verizon is also reported in acquiring them disney was interested in buying assets now it is at 30 and changeup by 3. 7 . Ve ....
Points are we seeing signs of a top well break down head winds. We have a 6 billion chip acquisition to tell you about this morning and what it means for other potential deals as well. And retailers gearing up for black friday but walmart gets slapped with a downgrade over at goldman today. We have the latest on the Retail Sector as we begin an abbreviated trading week due to the thanksgiving holiday, the dow and s p east in the midst of a twoweek losing streak na nasdaq coming off the Third Session and bit coin surges past the 8,000 mark over the weekend. I think the high 8101. 91 theres discussion whether or not it can hit 10k. I was thinking about zimbabwe, whoever has money may want to go to bitcoin. A chinese crackdown, they go to bitcoin. Venezuela, natural bitcoin because its defaulting on everything when you see defaults and people realize currency may be devalued, bit ....
Lunch on a monday begins right now. Welcome, everybody im Tyler Mathisen stocks posting solid gains and sending the dow, the s p and the nasdaq to alltime new highs materials, financials, telecom leading the way higher meanwhile, yields on tenyear notes hitting highest levels in more than a month. There you see it 2. 23 check out some of the movers in the market shares of ubiquiti networks, thats spelled interestingly, dropping about 8 . Short Seller Citron Research calling the tech Company Total fraud. Nvidia trading at alltime highs. Paccar also hitting alltime highs. Im Michelle Carusocabrera while the east braces for hurricane jose this week, Hurricane Maria has now strengthened into a major ....
Intel does. They design them. And they are basically an intellectual property firm. As everything becomes a computer, they are really important. About 15 billion chips with arm designs shipped last year, up from about 6 billion in 2010. So lots of obviously the smartphone revolution has been huge for them. But everything is a computer now. So arm has really capitalized on that. About seven years ago, i went out to cambridge in the uk and did a feature for Fortune Magazine on arm. They were at a plateau period because smartphones hadnt really taken off. There were questions about whether theyd be able to take on intel. They successfully did that. Now another period where smartphones are successful but their growth has starred out. And now theyre looking at the internet of things. The challenge that arm has had, and they were talking about it seven years ago about the idea of smart washer and dryers and refrigerators. There was no ....