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Jim, jon and shannon lets get a check on markets this hour. Stocks are plunging again. Off theirs worst levels and the nasdaq is the biggest loser of the day led by the Technology Names. The dow was up at one point this morning almost 250 points. Now has done a complete uturn and is down triple digits ina big way. Theyre off 425 points thats off the lows of the day the last couple of days, has it made you frightened of what could be to come no. Not at all i think this is healthy profit taking i ...

A lot of folks thinking it was over and done. Ck upof those sto sharply. Nothing is changed for these companies. What is changing as investors saying we have gone too far, too fast, so now we are seeing a pullback. Again,take a look at the we are seeing a pullback. If it is a fearful look for stocks, you can see those haven assets rallying. The point wisely yesterday. What is going on with softbank . There is a Financial Times report that what triggered this is they went big and some options on ...

Palantir pelletier set a september 9 date for an Investor Presentation. And bumble is preparing for a Public Offering that could come as early as the start of next year. Has, reports the cdc notified Public Health officials in all 50 states and five large cities to distribute a Coronavirus Vaccine to Health Care Workers and other highrisk groups as late as as early as late october or early november. Into question the timing because the president ial election is november 3. Lets see how the stori...

Another one coming in half an hour from now. Lets go through the techs because they are obviously doing well. Apple, you have to share with apple, tens of millions of shareholders, up again 3 bucks higher, 137. Amazon, now well above the 3,500dollar mark, the company is worth over 1. 7 trillion. Microsoft, also worth 1. 7 trillion with another record high. Up another buck today at 228. We will bring you the rest of the tech titans in a moment, just wait till you see zoom and how much its worth. ...

The president noticed today, and he tweeted this, quote the Dow Jones Industrials just closed above 29,000. You are so lucky to have me as your president. With joe biden it would crash. President trump today also in the great state of North Carolina, designating wilmington to be the First World War ii heritage city. President trump took the occasion to point out the necessity of maintaining law and order in america. American warriors did not defeat fascism and oppression overseas only to watch o...

Good morning, carl has the morning off. We want to focus on the state of mna in tech. There has been swings and others that were formally the prey have skyrocketed to valuation thats now give them currency to join the hunters. Between tiktoks impending sale, were seeing now in the second half of the year there is plenty of action still to come. Listen to what bob peck told us yesterday on that front. If you go back to march, it was about two billion. So really it ground to a halt. You saw in jun...

Remember on the week u. S. Markets are lower. On the week european markets are higher. Eurodoller trading 118. 30. Taking a tougher line on the link between the Exchange Rate and inflation. The pound continues to fall trading 11787 as we continue to see the stalemate between e. U. And the u. K. On the u. K. s new legislation, the internal markets bill, which will undermind the treaty signed between the Boris Johnson government antie. U. Not that long ago. Alix thanks so much, guy. We are very we...

What do you think . I dont think its that bad you have plenty of tech stocks up today that have in the green. I guess i dont see it as quite a tech wreck i feel like we have seen actual tech wrecks this year. These are stocks up 100 or more give or take from march giving back like 12 , 8 in some cases. Im not with you on the premise. These stocks are off their highs but theyve been making new highs relentlessly for months. Good point. Let me come back at you and say what about the premise being,...

This just a correction or is there Something Else more insidious involved . I wouldnt use the c word. I would say this is profittaking pullback. That is all this is. Remember, the nasdaq, top 100, ndx were up 75 straight up off the lows. Even after this pullback were off 10 from the highs, theyre sill up 66 . Looking at the s p, right now as it stands is 50 off that march bottom. So the end is not near. This is just a profittaking pullback. This same situation is in place. Lets see how things re...

Up 67 from its march low after what was a run the new high. You have sales force, youve got apple, microsoft some of the tech titans all under pressure thank you very much i like the fnew angle on the house. We have the market angles as well rick is looking at the bond market where its rebounding bob, lets start with you. Remember, we could go either way right now. Remember yesterday look at the s p. Around 11 00 we bottomed what we have is a good example of of shooting the last eight trading se...