It pushes the companys valuation to 10 billion. We will hear from the ceo of aurora. With dizzying market rallies, ipos, couldnt we all use some calm . Of all talk to the coceo , valuation has doubled. U. S. Stocks climbing twoway record amid stimulus discussions. Lets get to Abigail Doolittle in new york to break it all down. Walk us through the day. Abigail it turned out to be a bullish reversal at the end of the day. There were pretty steep declines for the major averages. Today, the vaccine was launched. Pfizers vaccine started distribution in the u. K. There were record highs by the afternoon, and nasdaq at another record high. Chewy. Com and gamestop. They put up a pretty strong quarter, they beat estimates. The sixth sales beat in a row. I am not sure what is weighing on them as of this moment. Active customers increased, including myself. The website allows you to order for your pets. The results certainly proved it. Gamestop put up a disappointing quarter, missing sales. The s
Employees. Opponents of that push staged a no on 22 rally in front of uber headquarters in San Francisco today. In our continuing vote smart series, kpix5 reported that devin fehely delves into both sides of that debate. Millions of dollars are pouring into the battle over prop 22 with Big Companies like uber, lyft and doordash shipping in tens of millions of dollars to help define california gig economy, basically was considered an employee versus independent contractor. Threatened to shut down rideshare delivery services. Reporter the suspect flooding the airwaves with ads like this. It will protect drivers. Excellent the freedom, and the possibility of working in the gig economy. I do doordash to supplement my income while i am in between jobs. Reporter he has been driving for doordash off and on for years and he says he likes being an independent contractor, making his own schedule, and determining when and how much he works. He fears what might happen if prop 22 fails in his force
Added to studying the feasibility of a megamerger. Of helping understate a pay packet of carlos ghosn. We had a wave of dealmaking creating positive sentiment. We had a rebound from last week, one of the worst weeks for u. S. Stocks since march. Tech stocks taking a breather from the selloff. Asset futures trading modestly. Watchl continue to trading when it comes to japan. Potential takeover for Prime Minister the middle of next week, futures are looking flat after the yen starts to gain in the monday session. We will watch for details about the cabinet and what it means for policy continuity playing in two sentiment for the japanese markets. Dollaryen holding steady. Modest dollar weakness overnight. That is set to continue. At 37. 40. Trading opec joining a chorus of voices suggesting the era of oil demand is deteriorating. Demand forecast for each quarter as we continue to see shortselling in the oil market. To a series ofrn deals we have seen. Oracle is bidding for tiktok u. S. Op
Not a word of antifa and he took no questions at all. The president leaves the white house at 10 00 oclock hour, he may take questions. Companies giving us financial drama. Look at this, zoom, lockdown winners, huge increase in profit and the stock up to the races. 120 bucks. Walmart, two developments there. Deal for tic tac may tiktok fairly soon and delivery soon with amazon. Watch the stock go 2 and a half per can he be the. The dow looks like its going to be down today, the s p slight move at the opening bell and the nasdaq, although tech stocks doing very well again, the nasdaq up 70 points premarket. Big day, Varney Company is about to begin. The best stock market dow in 36 years and its very interesting, so people are very happy with their 401ks and stocks that they have and thats a tremendous achievement best in 36 years. Stuart yeah, a lot of bad performance. The president talking about the economic recovery, nasdaq closed at another record high. More on all of this a little b
Beware increased risk during the covid19 pandemic. Due to the covid19 Public Health emergency, todays hearing is being held remotely. All the members hey, jan. We cant hear you. I dont know, are you are you muted . Im not muted. I can hear her. I can hear you, jan. I cant hear you at least, not yet. I can. I can. Can you hear me now . Not yet. Oh, i think it must be on your end then. Youre coming in loud and clear here. Okay. Can republicans hear jan . Is it just me . Im not hearing anybody. Yes, jan, we can hear you fine. Okay. Im going to continue while somebody helps fix the silent person. Okay. Due to the covid19 Public Health emergency, todays hearing is being held remotely. All the members and witnesses will be participating Via Video Conference as part of our hearing, microphones will be set on mute for the purpose of eliminating inadvertent background noise. Members and witnesses, you will need to unmute yourself, unmute your microphone, each time that you wish to speak. Additi