Have created a more cautious consumer billionaire tilman will tell us what that means for his business power lunch starts rite now. Wall street starting to trade like a tech stock hitting a record as it gets set to launch its competitor and gears up for a deal to by tiktok zoom up after 40 . Invest rs continue to pile into these momentum names more on the markets and high its hard out there, send it over to bob. Yesterday he sort of threw in the town he said theres no precedent to how high valuations can go with low rates and unlimited q e. John also wu drew his price target these are veterans having a hard time to figure out how to put unlimbed fed support recessions would happen when the fed withdrew the support what does it mean . One of the thing s the bare arguments dont have much traction now the fed will keep stimulating and the Global Economy is slowly pivoting higher and the earnings are too conservative this happened in the Second Quarter and they are saying it again. For 202
Time to call voices. The 77 percent. Got my. Front porch to flash from the housing boom boom town this is where. Welcome to the 77 percent. This weekend g. W. Millions of teenagers love it but President Trump wants to talk of the United States Software Giant oracle is reportedly interested in taking over a Video Service in the u. S. Which the white house accuses of spying for the chinese also turning waste into money. Ferment gonna making it easier for businesses to earn a bit more by paying them for their discarded plots and German Farmers face 3rd straight disappointing harvest. Im Chris Colburn berlin welcome to the program the race is on for a tick tock and with oracle there seems to be another contender willing to take over the Video Services operations in the u. S. Canada australia and new zealand according to a Financial Times a poor of the enterprise Software Giant has have preliminary talks with tick tocks Chinese Parent Company by stance u. S. President donald trump has threa
A bit more by paying them for their discarded glass and German Farmers facing these 3rd straight disappointing harvests. Welcome to the program the race is on for tick tock and with oracle there seems to be another contender willing to take over the Video Services operations in the us Canada Australia and new zealand according to a Financial Times of core of the Enterprise Software giant preliminary talks with tick tocks Chinese Parent Company by stands u. S. President trump has threatened to ban the tick tock app in the United States over spying allegations if by dans retains ownership microsoft and twitter are also interested in acquiring parts of the company. Lets bring in our new york correspondent. Louise what would oracle a Business Software companies see in a video app beloved by teenagers. Out sea. 7 creatures then even at 1st sight that there are there are not many events in ages between oracle and tic toc its it to whoever ends up buying the Us Operations will gain access to
Alone welcome to the show im Stephen Beardsley in berlin its good to have you with us times are already tough in lebanon food prices were rising Power Outages becoming more frequent and coronavirus case numbers climbing now the need to rebuild the countrys largest port following explosion on tuesday threatens to expose just how threadbare the countrys economy really is. A city in ruins. Its gateway to the Global Economy destroyed. Lebanon is scrambling to pick up the pieces of this weeks explosion. But long before the blast levanon to qana mewe was then a death spiral. Rampant inflation in an increasingly worthless currency plunging many lebanese into poverty hunger and despair. All now are sure to get worse. More than 250000 people have lost their homes in beirut. And countless businesses have been destroyed. And we compensate. We lost our houses all shops and a house of my grandfather. Lost my uncles wife and we took out from under the rubble is there anything bigger than this except
S p 500 essentially flat year to date nasdaq up some 19 59 minutes left in the session, sara coming up on this friday afternoon, weve got a series of great gifts for you. Red finns stock was on fire the stock selling to have day on the companys cautious outlook as the ceo says the bottom codrp out on the economy were going to talk to glenn kelman in a few minutes. And then apple once again, the Biggest Public Company in the world, surpassing saudi ramco. Continuing the historic run. The market cap now sitting above 1. 8 trillion. Its up over 8. 25 well talk about what an investor should do with this stock next lets focus in on the big stories that were watching. Mike santoli looking at the market and the tech stocks surging to day kayla is looking over the next stimulus package first to you, mike. The story from the morning was that Great Results from the big four of tech did not really lift all votes did you have weakness. Sold a strong open the market firmed up in the last hour or so