Good morning welcome to squawk box. Im becky quick with Andrew Ross Sorkin and joe kernen. Welcome back both of you some big moves we are looking at today. Lets look where things stand with the markets dow futures are off by 34. The big news is happening with technology stocks. Down 343 points. Thats big you are talking 3 of the market or 3 decline for the index. Thats a big deal when you look at what happened last week on thursday, nasdaq was off 5 on friday, another one and a quarter percent. You are taurking 6 and a quarter decline. Because of what is happening with the biggest stocks in that. Tesla indicated down 11 in the premarket Asml Holdings down nvidia down advanced microoff off 4 . Those that have boosted that weve seen selling off today you are still looking with these declines at a market at higher levels weve run up quickly and we are seeing it now joe. Watching it head higher watching it ever day, we are like this tech stuff is insane benefitting from what we are all liv
You cant wait for this one. The democrats continue to be appalled at idea of cutting funds for the most h post office by not for police. Nancy pelosi calling back but not for stimulus. Get reaction from liz peek. Bernie sanders gets the spotlight tonight and well have a live preview. I will get reaction from sean hannity later in the show. All that and more on making money. Charles we start the week back at s p 3393 watch. 3393, keep that number in mind. But the megacap Growth Stocks leading the way which may help with that record sooner rather than later. The hottest safe haven stock is really tesla. Yes, it is a safe haven stock, folks. Another upgrade on a target this morning. Wedbush sees 1900. Before they were at 1800. Who is in for the ride on tesla . Lets bring in our panel. Michael lee, he does it all. Money map strategist chief investment strategist, shah ghailani, and Gibbs Wealth Management erin gibbs. Erin, i have to start with you. At the beginning of the week we saw the i
Struggle just to keep up. Look. I think that all of these have one thing in common. They all believe that the future is a little bit better and a little bit faster to come than many of us believe it is rather remarkable to see a consensus overnight from companies that basically say, you know what . Darn covid full speed ahead that includes boeing boeing has what i regard as being a very bullish scenario involving good cash, involving the possibility of returning to much more flight in, lets say, the next year. And even after 1,600 flights of the 737 i dont think theyre going to call it maxx anymore i dont know i think were growing to have a hard time keeping us down today unless faang keep us us down because the hearings go badly. We have a couple of guidance. Ebay the other one that raised guidance. Starbucks had a lot of things to say analysts recommend stocks its an exciting time. In a lot of ways, youre with a tesla call it turns out tell la sla is goi be a big car company thats no
From doctors and nurses in peru who say hospitals cant cope with the rising number of coronavirus cases plus. If it. Make it a space x. Rocket blasts off from florida with 2 nasa astronauts on board launching a new era of commercial space travel. Hello thanks for joining us minneapolis is gearing up for another night of violent protests after unrest over the death of a black man at the hands of Police Officers spread to more u. S. Cities the governor of minnesota says hes fully mobilizing the National Guard for the 1st time in the States History but warns he still doesnt have enough troops President Donald Trump says the oath or is there a need to get tougher and offered to send in the National Military this while it appearing to encourage a counter protest by his own supporters friday nights all classes at atlanta and houston in new york and other cities while a 19 year old man was killed in detroit when shots were fired from an s. U. V. Into a crowd of protesters the continuing prote
Bombs mines tall paedo warheads basically you find the entire horrifying array of things that the human brain is capable of devising when it wall that its just by current estimates there are about 1600000 tonnes in german waters. Enough to fill a 3000 kilometer long Freight Train its. Got i mean legions are made of metal and because salt water has a highly corrosive effect its a question of when not if all their contents are harmful for the environment and for people mentioned. Pretty government policy in recent decades has essentially been to ignore the issue people have no real idea how much already has been or is about to be perforated by rust it was. The 2nd world war. A global conflict that also so large parts of europe bombarded from the air on an unprecedented scale. And the high seas were also the same a fierce fighting in the course of naval battles the parties to the war fired off countless shells mines and torpedoes towards the end of the conflict German Forces dumped their