Giants of silicon valley. 10 trillion in market cap. Adam lashinsky, from fortune, both fox news contributors. Along with former investment banker carol roth and tech expert lance ulanoff. Thank you so much for joining us. Scott, first to you, which of these stocks will move the market, move the most after the bell. Given where we are during the pandemic and kind of where the consumer is i think it is an amazon story and not because amazon is retail and tech with Amazon Web Services youre getting a little bit of both. Youre getting a little bit of tech with amazon and certainly get the retail exposure. Amazon in some cases, david, by some estimates is pushing a hundo billion of revenue. That incredible for reporting services. That is a big tech titan. A big retail titan. That is why it holds so much water. David adam, call me oldfashioned i look at apple of the four stocks, because sometimes they low ball numbers before the earnings come out and investors are surprised when they do. Fr
The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
And fossil fuel for their daily needs some of that are who are coming to you from mumbai in india over the next 30 minutes lets look at how palm was the best bengal in a single to be so i would jump in company and found a devolution any we mean we asked what happened and how young engineers embodied a creating their own wind turbine forest lets head to the east if india in. Traditional farm was here like many of the jinns around the country use diesel pumps to water their fields the zoo is expensive and very poor you to one companys helping them make the switch to clean energy on a jeep is still slow water pumps in farms and even enabling the farm was water on the panels. Only. Shes the 1st woman to install a saw. In this willage after watering her fields of paddy rice potatoes mustard and wheat open up all sells the excess water to anyone who might be in need in her village. That new plan to install a drip irrigation system nor water usage then well be able to grow flowers fruit and o
Xerox lines up the bridge loan hp. Und its pursuit of citi, and bank of america are cash. Ding the and a checklist and change at the federal reserve. Former new york fed president dudley makes his case for a shakeup strategy kathleen, we are just getting news. Tle bit of breaking taking a look at the south korean economy. Were getting the south korean ovember surplus coming in at 5. 97 billion u. S. Dollars. 7. 39 goods trade surplus at billion u. S. Dollars for the november, falling from just over 8 billion in the previous month. Well be looking at that breakdown for a little more information in terms of how deteriorating exports would have played into that number. In the meantime, all the markets just opened in that open. Hong kong taking a look at the us. For were seeing some flaunk wagses in cash trade in sidney. . S pushing higher by. 1 while we are seeing futures looking higher for the nikkei led the after japan region lower on monday. You see the Retail Benchmark fall the most s
Levan owski and through uber and the way mo unit accused of trading secrets when he left one company for the other. This press conference just wrapped up in the last ten minutes or so. Were just getting our first look at that indictment. So well be looking through that for the details but i can tell you that it was unsealed today. And its because he was a Google Engineer at the time, a Founding Member of the group that worked on the selfdriving car project. He worked on that project from 2009 until he resigned without notice from google. He eventually made his way over to uber and worked there. Now neither of these Silicon Valley valley giants are named in the indictment. The u. S. Attorney involved said that they have been fully cooperative and they have gib access to records in trying to resolve this case and research this case. Here is comment from the u. S. Attorney. Silicon valley is not the fastpace and competitive environment does not mean federal laws dont apply or they could b