Record high today, up more than 17 this year. Check out the big tech names hitting fresh alltime highs in todays session, apple, microsoft, facebook, amazon, netflix all marking new highs. Is this headed straight for a giant iceberg, guy [ laughter ] when you read that, you hesitated reading that this is the bubble in my head literally said should i read this or should i skip over it, titanic tech run headed straight for a giant iceberg. I went with it lets go with the metaphor. I am a fan of leo i know you might find this propostrous but leo is a huge fast money fan we should collectively give a shoutout so i was talking to the great dan nathan earlier today and we were just talking about the move in amazon. Amazon is up 3 today. Amazon has added this month which i think today is the 9th of july. Just this month its added almost a quarter of a trillion dollars to its market cap. I think there are only 22 companies in the s p 500 that have a market cap of a quarter of a trillion dollar
Chart for the markets. Obviously we would start there, thats what dan nathan is calling this stock so dan, why dont you walk us through what this is and why its so important to investors lets talk about jm porgen. This is a best of breed bankheading into the crisis. The stock was trading at an all time high. There were a lot of investors out there in january signaling this is a chart representative of the economy that were in, prepandemic, i just have to tell you, this thing has acted pretty horrible on the way down, its down 35 on the year, and that is relative to the s p 500, down less than 10 on the year. The balance off the lows in march was fairly anemic relative to the s p 500 whats important is that investors seem to be focused on the stocks that got us here prepandemic. We know that it was the maga, the microsoft, apple, google and amazon its the bank stocks that are important to look at here. They touch parts of the economy that are going to struggle over the next few quarters
Member through a hitandrun. Reporter pool has found a positive outlet for the pain caused by the hitandrun that killed her eightyearold daughter jay anna. Shes turning to Public Policy aiming to peace together crimes like the one that claimed her little girl last november. Its been hard. Its been stressful. Painful. Reporter she met up with state leaders after her sister came up with the idea for a system called j alert. Named after her beloved second grader it would act a lot like an amber alert only instead of reporting commission messing children it will zen out rapid word of a hitandrun crash. With jay alert, everyone going to be aware of whats going on, um, they going to have fully detailed description so we can try to catch the suspect and bring a little justice closer to, you know, victims families. This is for the benefit of all pennsylvanians. That a parent, grand parent, aunt, uncle, will feel safer within their community. Reporter her family brought the idea to state senator