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Focusing whats going on in washington, d. C. , we are after all coast to coast, were going to hear from the president meeting with the National Association of Police Organization, group that is endorsing him for reelection this go around, were also following a number of developments in florida with the hurricane moving in on the florida coast, Governor Desantis says this is going to be an issue for the state well into next week, we are monitoring those developments as it approaches the category two storm and were monitoring as well what is happening in silicon valley, big tech getting bigger, not only in stocks but any time to rain these guys in, google is a big exception to the runup, its stock not doing as well even the revenue is strong and the fact of the matter is, there was a notion that it is not enj ....
Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these ....
Im Andrew Ross Sorkin with joe kernen and melissa lee becky is off again we are about 111 points up now s p 500 looking to open about 11 points higher. Flip is around and show you we are at. 952. Still under the six handle i always wonder what the bond vigilantes are thinking now relative to our little equity world. Worth noting we are still 3 well away from the february record highs some highlights. The ceo of Tractor Supply, auto nation venture capitalist, treasury secretary mnuchin, house leader and twitter ceo. A huge lineup straight ahead thats a big show yeah. You guys always have a big show but this is particularly large. For you because you are here people said, melissa will be on book her i think they wanted to do it for you but i think they were scared if they didnt do it of me thats the feeling they got they didnt want to disappoint you. I doubt it thats nice t ....
And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The treasury story has been incredible yesterday, the 10year note at a record low this morning, the yield is at. 526 it seems the context is the same, which is the dollar weaker you see that downward pressure foreign treasuries can buy our equity yield we have bond yields below inflation. That means huge tech stocks that means gold and bonds b. What are the implications for this market and the companion market corporate wise, you have earnings better than give uptype forecast analysts could have a good ....
I make tough decisions. I can tell you for damn sure, youre replaceable. And i back them up with my own cash. Theres your check. Its not always pretty. Everybodys working hard, not just you. But this is business. I was just gonna try to stop you in your tracks. Youll never to stop me in my tracks. I do it to save jobs, and i do it to make money. Chingching. This is the profit. [upbeat music] worldwide trailers designs, builds, and sells concession trailers, mostly to food vendors. Tom etheridge and nancy pappas started the company in 2001, and took it from a backyard startup to a multimillion dollar business. You got 50 . I got 50 . Tom and nancy were a couple, and although their relationship came to an abrupt end three years ago, they have continued to Work Together. Working with nancy is difficult. Nance, you never agree with anything i say anyway, so whats the point . I not only run the company, but i also have to watch my back ....