I got some sleep you didnt miss much this last week. Kind of Nothing Happened not really actually. What week so much happened. What week are we in its going to be 52 for 52 at the end of 2020 in terms of crazy weeks. Thats true. S p was almost closing at a high im faking now like you. Im not in new york city do you like my backdrop . What do you think of it . Thats what im saying. You look great you look great you look fabulous. Okay. Is this are you old enough to remember huntly and brinkley what are we . What are we trying to pass our self off as here what do you think . Chancellor and tv people were probably trying all right who knows who knows. Let me tell everybody about the craziness of what happened in yesterdays market because the swings were wild stocks were up, as joe was mentioni mentioning, we flirted with the height of it most of the day but then turned late lower late we closed lower later in the day. At one point we should tell you the s p 500 was within 1 2 a percent fr
This astrazeneca oxford. I do say at this point, carl, you get the pfizer news about germ germany. What you have to watch is the crawl underneath there will be endless buying and things like vaccine inc. And im seeing buying of glaxo i think people want to calm down i have sorrento tonight. Not all news are good. 100 companies doing vaccines and lets take a breath because other things including a stimulus which is needed if the vaccines fail. The analysts are not discouraging traders or investors from trying to play the vaccine race jpm cuts moderna run and no one is preaching a message of slow and steady wins the race here. Nova just continually up. People who love these. Mark cuban had some great comments, carl people who come to this market, initially were in the early phase of this, but people who cannot resist. When i get up at 4 00, 3 30, theyre in there buying these stocks i dont know who these people are, but theyre having the time of their life and i just hope they take someth
Becomes a cash flow power house in your words. We think were seeing the part of the possible and the buzz kill of the probable coming together the worlds alarmer tam. The worlds most energetic, enigmatic, courageous ceo. A phenomenal human being in many regards, and then against that, and also frankly the product has a huge lead on anything else in the market on the other side of that to extrapolate that out, 10 or 20 years, investors are making a number of bets theyre betting on the legacy guys failing even if they spend half a trillion trying to succeed. And i think the big bet is against amazon, apple, and google nose are the things that concern us right now when you see the case there at 70, is there a symmetry on how good and bad it could get. If you lock most people in a room for a week or a month and say you need a 5,000 or 10,000 share price for tesla, they can dream the dream, right and you would have to have a path to get there. That may not be provable, right . What we are t
Spiking cases of coronavirus. Not entirely. Lets go to Jackie Deangelis. Reporter it was news the markets climbing higher because of news of potential positive data coming from an ongoing pfizer, buy on tech covid19 vaccine trial. That got the ball rolling this morning with the optimism. Remember, the market looks at it this way, the sooner there is a vaccine the sooner businesses can resume in the normal way without threats of reclose you are sure or slower reopenings. In texas, testing sites are being flooded in the state as it extend as ban on elective surgeries. Last week, texas shut the bars, reduced restaurant capacity to help reduce the spike of coronavirus cases. That flowed to other states. Theyre looking to that as the model. Here in new york city, it definitely postponed Indoor Dining because it is closed spaces believed to be more problematic. American airlines is taking even another step, sort of turning a blind eye to this, resuming full flights starting today, ahead of t
Facebook executives has been meeting with advertisers and Mark Zuckerberg has agreed to meet with civil rights leaders to hear their concerns. But he has had such meetings before. Will another meeting change anything . Joining us is the color of change Vice President , part of the folks who have been pushing the stop hate for profit campaign. Thank you for joining us. Were hearing that zuckerberg has agreed to meet with folks like yourself to try to hear you out. What are you expecting to hear from him, given that you have met with him before and his position has not necessarily changed . Thank you for having me. We are hopeful that in a meeting with Mark Zuckerberg, he will finally hear our real concerns about how the platform is operating. We have obviously been in conversations with the corporation for years, and our demands remain the same, but we are hoping that in light of this new pressure from corporate advertisers from across the globe that he will actually hear demands for a