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
Lets look at where we stand in the markets the dow hitting a new high up 117 points the s p and nasdaq all in record territory. Earnings are driving the market highs its getting rewarded. Bob is at the New York Stock Exchange with more were at new highs because the market has successfully rotated into former out of favor sectors. Im talking about cyclicals. Whatever happened to the Global Economic slowdown. Those are the two classic cyclicals on a global level. Communication services are Media Companies also doing well. Even bank stocks doing well as the yields curve has steepened in the last month. Its not just here in the u. S. I think a lot of people were surprised to find that europe is moving up. We had new highs in italy and germany and france theres your european etf. A lot of this is because the bank stocks have turned around italy, germany and france even japan at eight week highs. A little bit of this is about trade optimism a lot of people believe that will help the global e
The purchase of the Tribune Tower. Reporter Thomas Henderson probably stands in front of the building he recently purchased, tribune town tower in downtown oakland. Authorities say henderson use illgotten gain to purchase the structure. Henderson and two other men, peter koo a Chinese National and stanford disco peter lee defrauded investors about the use of funds and made false statements in connection with the employment braced based eb5 visa program. Henderson was the founder of San Francisco Retail Center based out of the tribune building. The companys website says safe investments to set your family on a path of american citizenship. The company solicited and obtained 240 investors who believed they were investors in american countries through the eb5 visa program. The eb5 visa Program Allows for nationals to obtain permanent foreign residency by investing in qualifying american businesses and creating jobs for u. S. Citizens. Henderson and the two other men took the cash from the
Enough, dow dipping 22 points, s p rising 0. 04 , nasdaq advancing 0. 24 , lets face some facts here. We are fraught with expectations that may or may not pan out on the side of the bulls this week. First lets just deal with what i call the setup. For weeks now weve seen group after group move up. You know that. The health cares, the barnks, te insurers, the Home Builders, the industrials, the techies, so much others. Look, it has been quite a bull market. But last week, last week stalled out, and there are myriad stocks that look like theyre topping or cant get much further without some sort of good news happening, which is certainly possible. But worse, i see contradictions. I see historic moves that are based on false preconceptions 0er an atmosphere that maybe lets call it a tad too bullish for my taste. Lets start with my biggest worry, the feds meeting on wednesday. Now, last week i said bring them on. Bring on the rate hikes. We need them. We need the fed to stop talking about g
Good evening, everyone, welcome. Hurric is massive and it is continuin its march toward the southeaster part of the united states. President dec a st of emergency in florida. The governor of that state ordering millions evacuate, and saying millions more could and almost certainly will lose power. The waves are already picking up. And the economic disruption has started. Busine shutt their doors. Theme parks closing. There are gasoline shortages. And that is not all. Morgan brennan reports tonight fromay barrels toward the ane eastern coast of florida, presidena sig a declarat of emerg for the state. More than a million and a half people are being urged to evacuate. And through the region, more than 2 Million People, the most weve seen since super storm sandy. Throughout day, Florida Governor rick scott has been urging people to evacuate if they are in unsafe zones and to take the storm very seriously. We should not be putting peoples lives at risk because you made the foolish decision