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At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p o...

Focus in china, the unraveling of the chinese stock rally. Seems like things have stabilized after we saw one of the worst selloffs since the gdp eight out of china. You see china targeting large caps, small caps and the latest is kwai chow moutai. Yesterday, climbing back with the stock. Record after we saw a spike in virus cases yesterday. Watching other things with indonesia markets opening up, focusing more on the Bank Indonesia rate cut, cutting rates for the second time as growth sputters,...

President trump this a uturn says warning mask saying trump does a uturn saying Wearing Masks is patriotic. Backing for that extra u. S. Futures opening flooded ae momentary after we lacked were setting up for a mixed clear direction in the session. Session in asia. We ended up with a session mixed to clingres managed with the tech surge fall during. S p 500 index did manage again and finished at a four point onto some gains. Amid concerns we could be far at a fourmonth high. Off from another st...

Patriotic. Vaccine is on to find a amid warnings of a greater resurgence to come. Haidi pretty mixed midweek outlook when it comes to trading here in asia and for the first time in a while, we have seen equity markets kind of take a step back in terms of not headlines. A great deal of activities and commodities. Lets take a check of futures. Contracts trading higher after we saw a lack of conviction in u. S. Markets as we get concerns that perhaps this fourth round of fiscal stimulus will not be...

The month higher for all three major averages. Again, we should say. But apple today not keeping investors away. The iphone giants earnings crushed it during the covid quarter. Apple hitting a new record high briefly, becoming the worlds Biggest Company after its stock split. We have a full recap of the tech titans earnings parade. It was Something Else. And one of the most widely followed economists on the planet is here to put this wacky final week of july into perspective. Mohammed elerian on...

The dow is down nearly 1 . The nasdaq is back in positive territory. Apple is boosting the dow adding 150 points to a decline we would be seeing. Amazon and facebook arent in that index caterpillar, chevron, exxon mobile are driving the blue chips lower. Lets start with bob who will tell us what were seeing from earning season as a whole now that were a little more than halfway through. Bob. We have a little bit of a problem. Its great may have tech earnings are fantastic but theyre not enough t...

Debates backtoschool, voters are not allowed to see or hear him say those words. Almost immune. We have a lot more on this, believe me. Lets get straight to your money. An economic indicator, here it is, 1. 19 million new jobless claims. That is the lowest number since the economy tanked. It is very good news for the recovery. The trend in new claims is flat out down. The dow industrials taking a little heart from that. We were lower, now were going to be up maybe 30 odd points. Not much of a ga...

Natural gas. A good have to do with some of the hot weather we have in the u. S. One Economic Data point that is important the ism manufacturing number came in this morning at 10 00 a. M. It shows us the manufacturing part of the economy is expanding. It is not just strong earnings reports from last week but we have a positive piece of data. It will be interesting to see what the payrolls report rings on friday. David brings on friday. Are they . Confident what does that tell us . The vx end, i ...

Boat with 170 people defying social distancing orders. New hot spots emerging across new jersey. Cases soaring after weeks on the decline. A massive outbreak at a summer camp in georgia. Hundreds infected in just one week, now raising concerns as students prepare for the school year. Deadlock. With millions out of work and struggling to make ends meet, negotiations over a new coronavirus Economic Relief package at a stalemate. The latest on the battle over reinstating the 600 checks. Wildfires r...

Focusing whats going on in washington, d. C. , we are after all coast to coast, were going to hear from the president meeting with the National Association of Police Organization, group that is endorsing him for reelection this go around, were also following a number of developments in florida with the hurricane moving in on the florida coast, Governor Desantis says this is going to be an issue for the state well into next week, we are monitoring those developments as it approaches the category ...