Optimism is. We used to joke a lot about a month ago about the rally we saw in virgin galactic. Today those shares up 23 . Names that maybe did not have a lot going on around them but maybe they hope and a prayer. Carvana,at was up 80 or so in the past week and a half. There was some Industry Data overnight that seemed to suggest that, at least for carvana, that might not be the case. Are notes trends that as bad as feared. Chief equity advancement officer. Eddie, what is your general outlook here once you get beyond equities at start to connect it with some of the other asset classes. A large Floating Rate Bank loan business, so we are in close contact with our counterparts in both the bank loan and highyield areas. The interesting to look at treasury market and see if very depressed area of interest rate. The bond market telling you there could be things to concerned about. When you get into individual stockpicking, individual industry selection. I think for the rally to continue in
Latest jane reporter guys, were starting to learn more about the Gunman Police believe he was a lone wolf who had no connection to any terror groups, but nbc news is reporting that stephen paddocks father was once on the fbis most wanted list in the late 60s. A serial bank robber once diagnosed as a psychopath and while paddock was born in l. A. , his father was first arrested here in las vegas. He had nicknames like big daddy and chrome dome. Does that have anything to do with what happened with his son here last night as paddock opened fire from a 32rd Floor Hotel Room onto a concert across the street mowing down dozens of people as you said, more than 500 people ended up needing medical care heres audio of what it sounded like on the First Responder alert system [ gunfire what is it . I dont know. Reporter hear the Police Radio Audio later. The First Responder system telling everyone that there was a mass shooting going on hours later this part of las vegas boulevard is still not op
If it closes up higher again today that will be eight days in a row of gains thats the first time the nasdaq would have done that since february of 2015 got a whole lot of earnings coming out that will very likely influence where we trade today look at the dollar dropping to a tenmonth low against a basket of currencies the euro rising above 1. 15 for the First Time Since maze of 2016 look overnight in asia the nikkei down by 0. 6 . Markets in china were higher with the hang seng up 0. 2 the shanghai up by 0. 3 . In europe, in the early trade, you will see dax is weaker down by a half percentage point. The cac is down by a third of a percentage point markets flat in london with the ftse sitting just fractionally higher lets get you through the big corporate story of the morning netflix shares soaring to new highs. The company added 5. 2 million new streaming customers in the Second Quarter thats 2 million more than wall street predicted most new subscribers came from foreign markets. T
Expensive stock. 30 float being shorted. Absolutely. This is marketing home run. This is the pr, fantastic thing by elon musk but i mean were fundamental investors. So you start with, if i were a buyer of a selfdriving car, would i rush out and buy it today . Hardware is there but where is the software . Where is the validation of software . Will it pass our regulatory muster . When will this be available . You just dont know. The highend buyer changes car every two years. He may want to wait a cycle before actually buying f we cant get comfortable underlying consumer will brace this today, then as investor, how does this change the game . Liz mike, i feel remiss if i didnt bring this up. Barely five months since we had a situation where driver was killed in florida. That was in may. This driver had been using autopilot feature. A truck came parallel to it. There was bright sun. One camera didnt see it. With this new system, elon musk putting in eight cameras. Are all the problems in t
Billions more for two more americans convicted of unknown crimes. Very latest details on a very disturbing situation created by the white house. Melissa. Melissa back to the markets, the dow breaking a twoday winning streak, driven lower by shares of travelers, verizon and caterpillar. It is whiplash for oil, retreating from 15month high. Phil flynn, price futures group. Fox news contributor. Watching action from the cme. Lori rothman floor of new york stock exchange. Lori, rite aid and walgreens not ready to merge yet, huh . Not yet. The Earnings Report from walgreens included rite aids profits at its own. You have to believe walgreen is very confident this merger will go through. It is 9. 4 billion deal. Walgreen say theyre delaying the closure three months to accommodate all of the regulatory hurdles that need to be done. Shares are both higher. Wall street believes the news on board. Walgreen, right eight, drugstore chain up five and 7 respect tiffly. Lower prices to lure new subsc