Twitter and facebook scheduled to testify before the Senate Commerce committee on wednesday. Examine whether that content liability shield section 230 is still relevant and needed. This is one of the days in the market, im not sure what is happening in the overall dow matters so much to the tech story. April sl about flat on some promising iphone 12 order lead times. Then if you look it at the nasdaq zoom is up amazon, etsy maybe thats some halloween eagerness. Yeah, a bit of a mixed bag today, jon you have the stay at home names you mentioned. Tech broadly lower weve got that doubleheader again this week. A hearing following by earnings from the Big Tech Companies. And its interesting, looking at facebook and alphabet this month, theyre actually outforemaniou outperforming the big tech names. Alphabet is up 8 . Facebook up 7 again, we see the theme. The pressure is on in terms of antitrust and regulatory scrutiny yet, the stock prices not really reacting those are the two names that h
With the pandemic, so different in america. Francine im sorry, tom, you cannot forget about brexit. Almost there, and certainly by next monday, london will have moved to tier two, which is where you can still meet people outside but you cannot let people come into your home. We should have a better idea of what london will become over the next couple weeks. Is similar moved by the french president , emmanuel macron, announcing that eight cities will go in lockdown. That is hurting a lot of the stocks. Go, there are eight ways to and just because there is compressed time, are the chancellor of the exchequer and the Prime Minister on the same page . Francine they are on the same page, but we heard from the london mayor, who is from the labor party, and the opposition leader, asking for a national lockdown. We call it the circuit breaker. The idea is for two weeks we go back in lockdown so that the cases go down. This is not what the Prime Minister wants to do, but we also know that the l
0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety
Everywhere as more and more companies file for bankruptcy. A to analyst says a number of fla names could come out stronger. Later, what makes tiktok tick. An inside look that is dominatidominate ing social media as china is saying it would rather shut down the service in the u. S. Than succumb to a forced deal well tell you about that as power lunch starts right now thanks welcome to power lunch lets take a closer look at plarkts right now. You have industrials and materials leading the way higher in fact, materials is the only sector in the green this week. We havent talked a lot about that as a source of leadership tech that had been the leadership havent recovered from the steep sell off. The nasdaq still down about 11 from its record high its worst for a lot of the individual names docusign down from its 30 high. Tesla down 27 from its all time high apple is lower today apple is down about 20 from its high as well apple near a 3 decline. Tyler, back to you with can skinny stimulus
354, h. R. 6395, a bill to authorize appropriations for 2021 for military activities of the department of military d for construction to prescribe military personnel strength for for other year and purposes. The speaker pro tempore pursuant to House Resolution 053, in lieu of the amendment in the nature of a substitute recommended by the committee on the services printed in bill, an amendment in the nature of a substitute consisting of rules committee is adopted and the bill, as amended, is considered as read. Debatable for one hour equally divided and controlled by the chair and the ng minority member of committee on Armed Services. The gentleman from washington, smith, and the gentleman from texas, mr. Thornberry, each minutes. Rol 30 the chair recognizes the gentleman from washington. Mr. Smith mr. Speaker, i ask unanimous consent that all members may have five legislative days to revise and and to heir remarks include extraneous material on h. R. 6395. The speaker pro tempore witho