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Deviations. It is an historic surge in gold. Francine it certainly is, at we have been spending a lot of time on that and we will spend more time on gold. Lets get to first word news with ritika gupta. Ritika good morning. The fight over the chinese consulate in houston shows that hardliners now have the upper hand in the Trump Administration. President trump has allowed a small group of advisors led by Michael Pompeo to push u. S. Policy toward its most antagonistic in decades. U. S. Officials say china has a history of espionage and intellectual property theft. The Trump Administration and Senate Republicans are considering a shortterm extension of extra unemployment benefits. It is unlikely the white house and lawmakers will agree on a broader sti ....
Vaccine. If you want to understand this market, including today, the dow tumbled 354 points s p lost 1. 23 and the nasdaq plunged 2. 29 with many bigcap tech stocks taking it on the chin. You have to recognize things will never be the same in this country or around the world until we get a vaccine the pandemic, not the fed they know nothing not the election is the most important driver of the stock prices thats right we get a vaccine sooner than expected, we save the economy. But if the process drags on and we dont have any stimulus, were going the need to adjust to the slow to no growth huddle at home normal therefore, our fate is in the hands oh of a few dozen companies. Whoever get there is first is going to make a lot of money thats why we decided to do something new. We surveyed 92 drug analysts, the best we could find, state and local level, to handicap the chances of each of the main players. We dont bet on at least we dont like to bet on lifethreatening situations. This is a te ....
9 after reporting yesterday afternoon. Lets take a dive deeper into snaps quarter stifels john eggbert and Lloyd Wamsley of Deutsche Bank joins us now gentlemen, you both have buys on this stock, and there was interesting commentary from snap about how theyre expecting lower user growth in the Third Quarter, and theyre also anticipating there will be significant revenue headwinds, even though the first 19 days of the quarter they showed 32 Revenue Growth so jon, tell me, why are you so bullish . Well, im bullish because of the longterm story. And i think that the underlying trends are still intact. On the short term, it sounds like the Third Quarter will have some complications were not exactly sure how much sports ....
Are straight ahead this big bank is underperforming the peers and today one veteran analyst says sell its our call of the day Investment Committee is ready to go. Halftime report starts right now. It is good to have you with us on this thursday. Our Investment Committee today liz young is the director of market strategy. Another high for the nasdaq. Pete, this ramp continues into the end of the year. S p is at 23205 phase one what we talked about led into that thing. People have gotten comfortable we continue to kick things down the road because of that i think its given people more fuel to want to be somewhere else in the market particularly in some of the nasdaq stocks with growth. Some of them have easy still, the valuations arent too stretched. Some of them are that the ones im starting to avoid more and more. I think that some of these names are great. Theyre ....
Larry . And weighing in on the cryptocurrency. First, to our topsoil. A direct listing on thursday. Yet waiting to see what the Reference Price will be. The they find themselves in beyond meat camp with a sizzling debut or will it be more like a sizzle like uber and lyft . Product growth. It grew from half a million almost 6 million. New column out. Lets start with you. , youformer head of growth have a beloved product, but Revenue Growth is slowing down. Cannot be we accelerated . Accelerated . E slacker is really coming into the workforce. Emily you think that it could start to grow faster than it has . I cannot make predictions on how they will do, but i am excited about mistakes. Anywhere have heard from 16 to 20 billion. How does that compare . These young and fastgrowing companies are beating at what seems to historically rich valuation compared to their revenue. You m ....