U. S. Cases do continue to decline. The fda gives the go ahead for plasma use in hospitalized patients and a potential vaccine fast track and tech on a tear. Shares of apple up nearly 75 this year ahead of its four for one stock split today. Jim, we have all that to handle and jackson hole this week, the rnc and couple tropical storms in and not a sleepy august it should be a sleepy august, and its not august supposed to be a down month and its not people say, wait a second. 70 of the market didnt do well last week. I always find those kind of things because 70 of the market does well this week. You dont have a bunch of anything to hang your hat on when you look at a big apple price target increase basically to where the stock is you realize, wait a second shes the first. But will everyone have to follow every price target is below where the stock is a lot of people feel enthusiasm for the stock split. Of course, that is part of it. I know stocks mean nothing but they excite people she
Weve got two types, right . This morning was a weve got a lab test that takes disappointing i dont care what rose they try to pin on it. A number of days which is not with millions losingfailing optimal. Its highly accurate and we have the i. D. Now of abbott which agreement. We did not ma orders he clai takes 15 to 20 minutes and were help those in need. My guest, peter navarro, expanding that reach and we have democratic whip dick derby and a point of care thats like a pregnancy test where you can do doctor from Johns Hopkins it at your home. Chuck, we are working 24 7 on university. The coronavirus in the classroom and the debate over opening these things and theyve made great progress on therapeutics. Schools. We talk to a principal, a this president is going to teacher and a school nurse on probably be able to get one or opening schools in the age of a more vaccines by the end of the year. Thats a third of the time it pandemic. And decision 2020. Usually takes in using a defense t
National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crude prices, which did rise, gasoline hitting the five month
For more than 55 days, protesters a protesters have taken to the streets in portland in often violent clashes. A judge has entered a temporary restraining order barring journalists from being removed from the protests. Heres kayna whitworth. Reporter in portland, a mostly white city, and these mostlywhite protesters, and these black mothers, hope that protesters arent just here to raise their own voices. They hope theyre willing to listen to others. Weve still got some ways to go. We realized through our protest on monday and especially tonight that we still have a big journey ahead of us, and we really need some black leaders in that wall of moms group. Reporter here clashes have raged for days. They increasingly look like a war zone. Moms are here reporter and its the mothers showing up to form walls on the front lines. Protesting Police Brutality and systemic racism. I feel like ive been protesting all the way back to trayvon martin, where i protested in washington, d. C. , you know
Tech takedown. President trump signing an executive order effectively banning tiktok from operating here in the u. S. The order goes into effect in 45 days unless those apps are sold by their Chinese Companies 35 billion off wechat overnight in hong kong this is a nearly 700 billion company. Perhaps more surprising that its been able to fly under the radar for so long. A ban could get very messy because tencent is far more intertwined with American Business than tiktok theres the sheer scale of tence tencent. Fallout could touch sports to. Tencurre tencent has a deal with the nba to stream games in china theres also American Businesses operating in china relying on the app like starbucks, disney, mcdonalds the socalled super app is where a billion active users in china can shop, spend, stream, game much more within a single app. For that reason, apple and google could also sufficient if users switch because they cant access tencent apps. Talk is turning to how the chinese might retalia