Ask yourselves now that nearly all the big tech outfits reported and a day the market rebounded from its lows. S p jumping 1. 19 and the nasdaq surging 1. 69 . All right. It didnt make back everything it lost, but like i said, nobody ever made any money panicking. If you panicked yesterday, always a better time there is a whole network of smart, rigorous Money Managers who believe apple, amazon have become ridiculously expectative. Downright danger to zone they dont welcome the possibility that these could be worth trillions of dollars im not kidding, every day same goes for their compadres netflix and microsoft. There are tons of stocks in this market way too expensive by any traditional valuation metrics. However, that does not include facebook, apple, amazon, maybe alphabet say nothing of microsoft only netflix is one that i think is a bit of an outlier this is 2020, not 2000 that being the dotcom boom with the exception of amazon and netflix, all of these big tech stocks are valued
Rips into Silicon Valley and defends the companys government work and no symptoms, no test. Why the cdc is quietly updating its coronavirus testing guidelines normally, jim, i wouldnt start there, but you were just tweeting a moment ago about how important testing is as the number the sevenday average of new tests in this country is the lowest since early july. I just think that the main gap in the system is you hear people say, well, my daughter just got it from college and weve been all trying to test in the family, its five days, we dont know what to do. I think that that halting nature of what to do has gripped this country and has changed it from a country where you go places to a country where you stay at home its a country where you do not travel overseas, its a country where youre frightened over a five and sevenday period endlessly and we live with the tyranny of it. Testing would end it, but its got to be instant. Cant be a lab a lab is a big, big obstacle. Yeah. We will talk
Find out soon. Good evening, everybody, all that and much more ahead we start with some breaking news on nikola. Shares are down in the after hours, following a big up day. Bloomberg reporting securities and Exchange Commission will exam over the stock selling fraud and allegations, stock down 7 . Youre response . Again, i cant speak, i said it last week, i cant speak to the voracek asity of the shore seller report, acquisition of fraud, i have no idea, but what i stand behind, despite how the gm is structured, whether their investing money, the fact that gm would link their wagon to nikola and if these acquisition prove to be correct, i think the real deleterious thing could happen with shares of gm, in my opinion, potential for exponential move and gm perhaps didnt do the homework others did. Thats my primary concern looking at this entire situation. Tim, to be clear on the story and were trying to get phil up here any moment, you know, Trevor Milton said the other day were going to
A plea particularly to young people as infection search in several states also mexico citys police chief is wounded in an assassination attempt hes blaming on the powerful drug cartel and facebook reacts to pressure from users and businesses to clean up hate speech and fake news. Welcome to the program the leaders of egypt and sudan say ethiopia has agreed it wont start filling its new mega dam without the 3 countries reaching an agreement on it theyve been unable to resolve the increasingly bitter dispute for years now ethiopias built the renees holds dam on the blue nile which is the source of most of the river nialls water egypt and sudan downstream depend heavily on it and fear that their Water Supplies we put at risk if you have years as a hydropower dam will produce is essential to Economic Growth aljazeera has had a morgan is in sudans capital khartoum and says theres still much to resolve. It took a meeting between the Prime Ministers of sudan egypt as well as other members of
Pursuit of press freedom and justice i have seen will take this great situation someone sick about that hope you can afford pain clue that is investigating government corruption and the National Health care system some of the transactions asking nigel the killer. Of money that is unexplained to Africa Uncensored and published will see that some people dont want to even if it doesnt mean that the us care whose truth is it anyway on aljazeera. West papuan indonesia is home to the largest remaining rainforests in the Resource Companies are paying as little as 5. 00 a head to for these ecological paradise through questionable land grams. So that they will but over time it will be genetic when not even. Indigenous tribes accusing south korean ron paul blow jobs of plundering west papuan for a piece of the 300000000. 00 in revenue that is pure fantasy thats not the case at all 1018 investigates allegations of fraud and human rights abuses did lead deals worth billions of dollars. Cool 1000 k