Drive this stock for the next end years . And bitcoin is back crypto currency. What is behind the big move in bitcoin. But first we start with goliath versus goliath the battle between two behemoths taking place today amazon taking target at walmart. It offers free delivery for pride members, but walmart has long offered Home Delivery on certain prescription products. This is the latest in the growing turf war between the giants guy, walmart, amazon, who do you have dom, its great to have you this is the big show, like the masters for you. It is like you playing golf against joe kernan they are glued to their television trying to figure out what is going on in this game of would you rather, i would rather walmart i think the stock sold off for two reasons. There was an inventory build, up about 5 i think the street looked at that and said maybe margins in the next quarter wont be great, and wont get guidance amazon, by comparison, you had a september 2 high in october 34. 50 and novemb
The nasdaq up 1 and s p 2. 7 and dow declined 86 points were about to get a set of u e unbelievably set of big numbers but frankly, its horrifying if you think about why they are thriving this week we hear from walmart, from home depot, lowes, and target and if their stocks get hit for any reason, you have to buy them because these major operators are up against general merchandisers, hardware stores, Sporting Goods and lumberyards that cant compete because they were deemed essential and i fear they will never get lost customers back, not with prices big guys charge. The winner haves so many advantages over the little guy im amazed there is any competition whatsoever i feared that there wont be and thats driving me nuts i love when these big household names go higher, but i hate when the reasons they are going higher their Small Business competitors are being wiped out. A lot of these smaller outfits have been able to hold their own before covid, but now the big guys have crafted pheno
To 10 million for a fiveyear loan, 3 , according to the reserve term sheet. The fed is expanding the main Street Program. The main Street Program for businesses started lending last week. One day worth of loans made. The fed announced last night there was one 12 million loan. They have gotten started. Criticism has been it took so long and there is not the man now or the rules do not help not demand now or the rules do not help. Went to others sources of cash, perhaps because of the requirements, the fed does not want to lose money, those who could not find cash would not be eligible anyway. At the moment, there are questions of efficacy. It is now expanded to nonprofits. Alix hang with me for a second. University of Michigan Sentiment coming in 73. 2 , Current Conditions coming in light on expectations. This shows we are not feeling good about where we are going over the next month. Lauren, the fed news is a perfect example of where we are at, continuing to support the economy, just n
Along with facebook and twitter, new legislation removing protections from big tech. Marsha blackburn live in a few minutes. President trump is aimed to at a broad strategy to prevent veteran suicides. Well have reaction from retired marine corps gunnery sergeant, jesse jane duff. All this and more on making money. Charles covid19 cases are on the rise at least in 20 states, instead of focus on other 30 where it is not on the rise, the media taking opportunity to stoke fear. How bad is it. Vice president pence write negotiate wall street journal america is containing virus. I had a chance to meet with the Vice President on this situation and how we talk about muchneeded infrastructure programs. Take a listen. There was wall street journal editorial yesterday, you were pretty upset about the media sounding alarms over socalled second wave of the coronavirus. You think theyre off base here. What are they missing . Well, charles, good to be with you, thanks. I think what theyre miss somet
Police depara story coming up. And now, people are not letting the pandemic get in their way of celebrating the two years of pride. Thank you for joining us, im juliet good wish goodrich. We will take alive look at alcatraz, where the wind is really picking up. You can see it shaking the camera even. And it walnut creek, gusty wind could be to blame for that knocking down this tree branch on locust street. Meteorologist aaron peck is there with more. . What we are experiencing where we all live and its been a very windy day for your part of the day wherever you are. But there is a second phase to this that starts later tonight in the mountains, and the two are very different. First off, take a look outside from the cameron site top of the Salesforce Tower here you can see the choppy lower water and the hazy air. If you look at the gust so far, San Francisco has already hit gusty or 40. Concorde, it is been going all for. Livermores got a 21 mile an hour gust, is guessing in the mid 40s