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Workers of an annual cost of a billion dollars and thats why the stock is down. Down 1. 6 . Tesla, the stock thats going straight up and it has nothing to do with the virus. Tesla, 500 index meaning a lot of Money Managers have to buy the stock so up it goes and by the way the gain of 53 13 makes elon musk the third richest person in the world. Overall, the market is in a mild selloff mode. Dow jones closing and 29950. Its retreating a bit. S p down about 25, nasdaq a slight gain. A big tech is doing okay. We are in creeping lockdown mode and thats the problem for the markets as many states and cities imposing new restrictions as virus cases arise. Wear a mask in north dakota, utah. No Indoor Dining in california, michigan and in philadelphia, no indoor football watching parties. My opinion, thanksgiving next week, confrontation is coming. Who will enforce limits on your thank ....
Headwinds for the consumer and continued layoffs and Economic Uncertainty and the lack of additional stimulus from congress so can this consumer remain resilient. Pete, throw anything at the consumer and it seems like he or she will continue to spend it does seem that way its amazing mel by the way, its good to see you. When you break it down its about a couple of Different Things and stimulus is out there and by the time they get into two or just after the elections i think well start toy so more stimulus if we dont see it sooner than that, that will help, but anybody thats got ecommerce exposure and they have it on the Positive Side like target, like walmart and home depot, lowes and so many others and they have the digital side and retail is doing very, very well. If they dont, then many of those are definitely ....
Men arguing before congress that the country needs more stimulus money to battle the coronavirus. Wait until you hear who and which industries fed chair Jerome Powell and treasury secretary Steven Mnuchin say need it the most. We will have a live report from d. C. We are 90 minutes away from teslas ceo elon musks big reveal. It comes at his shareholder and battery day event. We have a bull bear debate ready on musks latest brainchild and his argument for the death of the internal combustion engine. Plus the one thing ceos never want to hear. Nelson peltz is on the line, the famed activist investor formerly taking aim at comcast, he thinks the Parent Company of nbc, peacock and universal, is undervalued. We are bringing in former ceo of at t broadband. The cable industry legend weighs in on that, whether sports on cable is ....
Gain tackling your questions on the rally ahead. The trader radar, what are you buying and selling today, josh melissa lets start with what is popular on robin hood according to robin track. That the Spartan Energy acquisition nio popular not only today by the way but saw the biggest gain in popularity for the week netflix, amazon and microsoft. As for Spartan Energy, lets dig into names there is report it could do a spak that would allow the ip ocho plan to make a vehicle everybody wants a piece of the market phil wouldnt be surprised if this happens then lets move on to fitbit, another name to watch. Reuterss did a did a report goy be able to avoid the full investigation into the bid for fitbit if it promises not to use the data to target ads another one to watch, bed bath and beyond reported earnings, sales dropped 50 but still has plans on the street. Raymond james reaffi ....
Things. We dare to ask. This is boom bust the one business show you cant afford to miss. In washington coming up oil prices dropped more than 2 percent on wednesday the 1st time in 5 sessions well explain what this means for the future of the already and the Energy Sector plus the u. S. Should now be considering working with wall way to standard all this after is a long time or i get to talk. To you today so lets go and dive right in. Numbers for the Global Pandemic now show more than 3700000 people are infected with a chronic virus more than 260000 deaths have been recorded will be u. S. Has more than 1200000 cases and at least 43 states actually plan to open completely or partially reopen their economies by this weekend this while president appeared to reverse course when he tweeted earlier ones day that the White House ....