Page 2 - Big Commerce News Today

I see Energy Leading the way welcome just like tyler said, tech is lagging the Broader Market right now. You can look across the sector board behind me. Financials down only 1. 3 . Look at technology its the worst performer down 5. 6 today even as the nasdaq hit a record high yesterday, its not just the big cap tech stocks selling off. The momentum names have been struggling for a lot of this week already take a look at zoom. The stock is up nearly 500 this year the this amounting to a pretty bi...

It Just Announced two new watches, two new ipads and a work out service we got all those details for you and later, weve got two big ceo interviews billionaire tilman joins us on state of business and whole foods ceo will discuss how covid has changed the consumer and the grocery business he says forever. Power lunch starts right now yes, it does thank you. As we mentioned, were one day from the fed decision. Another big event looming, 49 days from now is the president ial election. What do our ...

Welcome to squawk alley for your wednesday morning im Carl Quintanilla with julia bore steen, mike san tolely with us for the hour dow is lagging down 60 jackson hole tomorrow, of course, were watching hurricane laura, the retailers but mike, crm, continues to astound. We thought 20 gain was impressive its now at session highs of 27 today alone on what bloomberg called the best revenue surprise in a decade. Yeah. Its pretty remarkable obviously the results themselves are emboldening people to sa...

Out. The billionaire Tilman Fertitta will be here power lunch starts right now the dow making major moves to keep up with the changing times and the changing economy bob is looking at the moves and how they will affect the markets. Bob a bit of a shake up in the dow but the moves make some sense. Let me explain why lets take it piece by piece first we have salesforce. Com replacing exxon mobile the apple split has reduced the tech weighting in the dow and we need more Technology Sales force refl...

Joining me youre making a point of whether or not we need to see a reconstitution in what we have called f. A. A. N. G. We have had a reemerging. Time to look at some of the lesser known tech names and the smaller teches that are just getting started. We have two of those on the show today. A cloud air company is up big after reporting the latest quarter, and big commerce is finding its footing after its first earnings report. If youre an investor out there and you have gotten motion sickness fr...

And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention ...

Return back to this market. I guess if you are an investor going long, you have to be happy with what you have seen over the past few days. Caroline down in volume. Very much the build up toward labor day. Managed to rise 12 points. Overall, it seems to be all focused on neverending buying. Out, a we should Point Company here, big commerce holding, this just went public at the start of this month. It was up 37 today. This is basically going to be the software behind this ecommerce storefront. Bi...

That we are looking at, much like we did yesterday where we were talking a great deal about the possibility of a new record even intraday or all time on the s p. Yesterday it was that bizarre russian vaccine news and i think we can all term it bizarre, but today its moderna signing a deal with the u. S. Government which is signing a lot of deals to make sure that there is manufacturing capacity in place to deliver a lot of doses of a vaccine if and when it does get through phase three trials int...

An important day in washington good morning, everybody. Welcome to squawk alley. This morning john fort has the morning off. The market in a bit of a molding pattern. Earlier this morning we heard from both sides of the isle. The argument is how much is appropriate at this particular juncture as we try to get the company back on its feet and get the country back at a place where it can sustain itself at the earliest it would be this year or early next year. Can we give a huge chunk of money to t...

Saving in terms of production and marketing costs. Of course, the question is sort of how that impacts the question next year when we start to see them ramp up the production again or even second half of this year. But to your point, mike, about digital, i think what really is driving this stock higher today is not just the fact that disney plus is doing so well, hitting 60 million subscribers, four years ahead of the goal of hitting between 60 and 90 million subs so really far better than expec...