Welcome to squawk alley. The at Home Technology story continues to deliver big you can see there sonos up 26 this morning after strong earnings want to talk to the ceo in a minute and nvidia also delivered solid results on pc and Data Center Demand beating on both earnings and revenue. Sales up 57 from the same period last year though its lower this morning on modest guidance second biggest gainer on the s p 500 year to date though. Julia, its really interesting how, you know, stay at home stocks maybe suffering a bit but some of the Underlying Technology driving some of that action doing quite well well, jon, one stay at home stock that is not suffering today is roku. That stock up over 6 . Driven in part by the circulation of reports saying that roku could be near a deal with at t to have an agreement for hbo max to be included on roku which would be a big deal and speaking of hbo max, i have to mention that news that wonder woman 1984, the big wonder woman sequel that was scheduled
Action Toll Brothers and stitch fix stocks are moving. Well break down the trades straight ahead we start with target practice, folks. Looking into next year more firms putting out 2021 s p forecast its quite a range, citigroup 3800 three percent higher than now on the s p at the other send j. P. Morgan 4500 about 20 percent upside so folks as we gear up for next year, which camp are you in guy . Are you at the low end 3800 or closer to jpmorgan. I will tell you what im in i love Tyler Mathison. Nice to see you. Youre the man. Thanks for being here tyler. Tyler, what was that show boldly go where no man not star tr trek you a fan . I never was a fan thats okay. Nor was i chauvinism notwithstanding, for the first time in History Today Global Market exceeded 100 trillion of market cap, 115 percent of global gdp and s p 500 now about 180 percent of u. S. Gdp just ridiculous numbers. So i understand why the market is going higher, i get it, but id about in the low end of that camp, tyler.
Territory, albeit slightly steve weiss, virus cases are exploding, 145,000, hospitalization new record, stayathome stocks are up, reopen stocks are down im wondering in the Bigger Picture but bringing it down to the sort of ground floor level, you just bought Delta Airlines the other day. We just talked about it. And im wondering if now youre reassessing that kind of move and whether other people should, too. Well, deltawas a position position and my portfolio is not very well balanced, its all in growth so i took a shot im not going to buy anymore here these airlines and Brad Gerstner pointed it out, theyre going to be diluted on an ongoing basis this year, next year as they seek to replace their bonds, their debt, with equity. Cramer this morning was right and ignore these covid cases at your own peril next couple of months, probably next three months are going to be very rocky from an economic standpoint as theres no appetite on the part of this administration to take any kind of st
Hearing from you, loyal viewer and the latest poll on twitter. We are going to hear from you on this wednesday, september 23 this is Worldwide Exchange here on cnbc got a little music to get you going. Good morning welcome to wherever you may be watching here is how your money are setting up their day nicely in the green. At least for the dow futures futures up 186 up a little less all of this coming off the dow snapping a threeday losing streak the dow and s p snapping fourday losing streaks. The big cap names you know amazon close up nearly 6 . Our Parent Company comcast, 3 , facebook 3 . Nasdaq 100 up 5 from the mondays low to yesterdays close. So traders making a little money. A day or a swing trader is a 5 move in trading sessions outside of tech, the sector star, Consumer Discretionary up 2. 7 . The only real decliner of note was tesla. Also down 4 after falling 5 from a battery day bust failing to invest on lower expectations despite radicily better batteries after an extended h
Making a new case to walk away of the 16 billion buyout of tiffani. The real morning grind. What krispy kreme, starbucks and more have in store for you that youll need at 5 00. That and more here on Worldwide Exchange on cnbc. Wherever in the world you would be watching. Good morning or late night to tampa bay. Some people may still be partying social distanced and spo responsible of course because tampa bay beat the dallas stars to win the series 42. The second cup raised in tampa bay history. Hopefully next year, fans will be there congrats to the nhl for just getting it done. Here is how the money and the Global Markets are setting up for their tuesday. After the dow and s p rallied into the close yesterday posting their best day in more than two weeks. For the month, a different story. The dow, s p and russell are still on pace to snap five month win streaks. Sectors to watch today, energy after logging a gain oil and gas stocks actually made a little money random but interesting m