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Breakthrough theyre preparing a long promise but never delivered infrastructure bill. The s p 500 is higher by 2 . Broad rally today well speak with the House Majority whip about his call for big banks to die eventualth more information about the Paycheck Protection Program and whether it favored Big Companies over Small Businesses plus, as sarah mentioned, a major breakthrough thats what searchers are calling a new study into the effectiveness of an inexpensive steroid to treat covid19 patients you dont want to miss that interview. One of the factors behind the surge in the markets today lets focus in on the big markets. Mike santoli, we have the highlights from chairman powells testimony earlier today. Courtney reagan is covering the surge in retail ....
What is the distance between an inflationary narrative and something similar to goldilocks . That will be the key question. What is the difference in terms of how big the change has to be in the number for people to either be talking about gloom and doom or everything is perfect . Annmarie he said stagflation risk off. If it is north or at 225, goldilocks back on. Jonathan he does not detain stagflation. Looking at apple. Up i almost 6 . Sales declined less than fearful. Lets talk about the financial. The biggest stock buyback ever. 110 billion. The top five biggest buybacks in the history, it is apple, apple, apple, apple, apple. Lisa is this a growth stock or value stock . Is this a stock that has so much money and a company that has so much money the best thing you can do that is give it back . That will be a key question of how you value some of these names that have become more established in their upstart beginning. Annmarie it is a massive buyback but it is only 4 of total Big Change , Top Five , Money Company , Company Much , Market Capital , Jp Morgan , Six Months , Stock Price , Sales Gain , Company Used , Look Like , Chris Verrone , Early Year , Point View , Get Away , Year Rate , Economy Consumer , Big Issue , Something Interesting , Guy Johnson , United States , First Quarter , Sales Forecast , Spirit Aerosystems , Business Online , Godaddy Airo ,
Ferro, Lisa Abramowicz and annmarie hordern. Lets get you to the weekend. Live from new york city this morning, good morning. This is bloomberg surveillance. Amh has started social be back on monday. Equity futures positive by 0. 7 . Alphabet and microsoft, they do not need rate cuts from the Federal Reserve. Alphabet we are talking about beats on the top and bottom line. Throwing a dividend an extra 70 billion Share Buyback. Lisa i was trying to put this into perspective because its one thing to see a random share gain 11 . Its another for it to be google. Those what 400 billion combined. Thats almost equal to walmart. Its basically to mcdonalds. Its unbelievable to see two names dominate in this way. Jonathan very happy with himself he will join us in about 10 minutes time. He says this is the mid 90s not the late 90s ....
both those and issues are likely to be center stage tonight in a historic presidential debate here in atlanta, president biden will face donald trump in a primetime show down here at the cnn world headquarters in atlanta. and america. of course, the world will be watching take a look at this new york times sienna college poll shows nearly three out of four registered voters in the united states plan to watch tonight s debate. let s begin this hour over at the supreme court, seen as pamela brown, who s joining us right now. pamela, what can you tell us first of all, about the abortion rulings handed down just minutes ago well, wolfe, what the high court did today with this opinion officially released, we should note is it essentially put the near total abortion ban and idaho temporarily on hold. so what this means is that women in idaho, they can get an abortion if there is a medical emergency, not just when they re life is on the line when this near-total abortion ban ....