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All right, welcome everybody to power lunch. Kevin is with us dominic too. Welcome, dom good to see you. Here is whats on tap. Stocks are at session highs right now after four weeks of losses the dow is up 500 points both the dow and s p on track for their biggest two day gains since june high stakes stimulus how Speaker Pelosi says she thinks, think, republicans and democrats can get a deal done before the election and tom lee says thats just one reason to buy stocks he will join us very shortly later, which president ial candidate could be better for the economy and the markets . Moodys is out with a new report that takes a look at those questions investors need to know power lunch starts right now welcome to power lunch. Looks look at the bigger wins today. You have fedex leading the industrials over at Deutsche Bank raising target price to 318 a share both those stocks up ....
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many peo ....
Tool when it comes to predicting travel tie ups and potential wildfires and potential opportunities in the space economy industry. It is estimated to reach 1 trillion. First our top story. The eu antitrust chief has made a name for herself as a tough regulator who is not afraid to go after big tack. Wednesdaywednesday big tech. She said eu will still push a digital tax even if a big push at oecd fails. She was asked how europes revelatory posture on technology is different than the u. S. And china. First and foremost to promote what we have going for ourselves already because in the businesstobusiness environment you find a lot of impressive tack. You find engineers and research and an impressive start up environment and the willingness to balance all the possibilities. Talk about innovation but we hear from u. S. Companies the reason youre focused on taxation is because we have not seen real invasion europe. You agree with that and is that fair . We have not seen real innovation in eu ....
Space economy industry. It is estimated to reach 1 trillion. First our top story. The e. U. s antitrust chief has made a name for herself as a tough regulator who is not afraid to go after big tech. Wednesday, she told bloomberg that the e. U. Will still pursue a digital tax even if a big push at oecd fails. Maria tadeo talked to her in france, where she was asked how europes revelatory posture on regulatory posture on technology is different than the u. S. And china. Maria first and foremost, to promote what we have going for ourselves already because in the businesstobusiness environment you find a lot of impressive tech. You find engineers and research and an impressive start up environment and the willingness to balance all the possibilities. You are talking about innovation, but we do here many times from u. S. Companies the reason youre focused on taxation is because we have not seen real invasion europe. Innovation in europe. Do you agree and is that fair . That is not fair, not ....
Unstoppable with his pitches all year can he knock it out of the park once again well find out first, its been a stellar year for the markets dow, s p, and nasdaq on pace for their best performance since 2013 check out wynn, up nearly 100 boeing, d. R. Horton, paypal, up 90 . Caterpillar, best buy, facebook all surging. These are a few of the stocks that have been smashing record after record all year. The question is simple tonight do you stick with these high fliers heading into the new year there are specific names that stand out. Wynn and best buy are two names ive loved for a long time i continue to like them. Best buy is more appealing to me now that wynn. Wynn has had an absolutely incredible run, 100 gains thats stock that steve wynn was in there and telling you, this is too cheap, im buying my own stock back now hes got 12 million shares of his own stock thats a guy who is committed and showed us the way. But is the valuation a little high if theres any missteps in macau, that ....