And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break
This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
Weekly gain. Virus figures, coronavirus cases surging again, wall street still headed for strong gains for the week, s p and dow up more than 1 the past five sessions. The company beat on earnings, suspended its 2020 forecast on coronavirus uncertainty, and as well were going to be talking with the ceo of roku later this morning which also reported numbers. And jedi blocked, a federal judge haunting microsofts pentagon cloud contract after an amazon suit. For the second straight day the number of confirmed cases of coronavirus shot higher. Chinese authorities reported 5,000 new cases and 120 more deaths the death toll stands at nearly 1,400 and total cases into the range of 64,000. As increasingly guys, the conversations turning to diagnostics as opposed to the spread itself. Right there have been a number of articles that are very subjective about whats happened some of them say that, look, it could be a 24day incubation, so what they thought they were letting people go and some of it
Time. 20 years after engineers larry page and sergey brin created the search giant google at stanford university, theyre relinquishing control of its parent alphabet to ceo Sundar Pichai. Its the biggest shake up of leadership the tech titan has seen and highlights how the firm has swelled into a near trillion dollar tech empire, with youtube and self driving cars in its stable. Heres dave lee in san francisco. This move represents the most significant shakeup of leadership at google since its inception. The first only dynamic duo of sergey brin and larry page, the legendary Silicon Valley partnership, wont hold important management roles in the company they founded back in 1998. In reality, though, thats been the case for some time. The public face of google has been its current ceo, Sundar Pichai. By tuesdays announcement makes it absolutely clear mr paige and mr brin arent running the company anymore. However, while the pair are a p pa re ntly anymore. However, while the pair are ap
A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. And you can be part of the conversation. Should you choose to be. Its well known that a good nights sleep is good for your health, but scientists now say sleep could also be the key to avoiding alzheimers. How important is sleep to you . Tell us what you think. Just use the hashtag bbcthebriefing. Downing street has dismissed President Trumps criticism of borisjohnsons brexit deal. In a radio interview with the Brexit Party Leader nigel farage, mr trump said certain aspects of the Prime Ministers plan could hinder future with the us, but number ten insisted it would enable the uk to reach free trade deals around the world. Our Political Correspondent Chris Buckler reports. Ladies and gentlemen. They have shared a stage and she had plenty of political opinions. So when nigel farage invited his old friend donald trump onto his radio programme,. Mr nigel farage. The president did not