There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
Blown through nasdaq 7,000, were talking about s p 3,000 by the end of the year. Look how much we already moved we got a lot of milestones falling by the wayside lets get to bob pisani with some of the latest on todays action bob . This is quite an unusual week not just in the intensity and how much the s p is up, but the fact that everything seems to be working. Let me show you the winners this week and just the dow so, whatwere the two biggest losers of 2017 it was ge and ibm. Whats the two biggest movers up this week . Ge and ibm okay often get a little reversion to the mean, but two of the biggest movers in the dow last year was boeing and ibm so they had absolutely outstanding years and they, too, are up big. You get my point everything seems to be working this week. Its a little eery. Look at the major sectors today. S p up over 2 for the week. Small caps are pretty well, too. Growth is up, and value is up at the same time. Doing well thats kind of odd and even all the cyclical n
Leaders and the president s response to charlottesville. Its bannons first extensive interview since he left the white house. But we begin this morning with todays eye opener your world in 90 seconds. The winds have increased. The rain has turned into lashing sheets. Hurricane irma turns deadly in the caribbean. Hurricane irma shows no signs of weakening. Still a powerful category 5 storm. Taking aim at florida after leaving a trail of destruction in the car this is going to be like a buzz saw coming through the florida keys. Look at the size of this storm. Its huge. Just one night. Theyre not getting anything. President trump struck a deal with the democrats that starting with funding for Hurricane Harvey victims. Today was a good day in a generally partisan town. Donald trump jr. Is heading to capitol hill for a meeting on the investigation leading into the russians involvement in the 2016 elections. Its time to be forth coming with the american people. Seahawks Michael Bennett accus
Sudden resignation of tom price from the trump administration. Kelly odonnell is near President Trumps golf resort in new jersey where the president is spending the weekend. Good morning, kelly. Reporter good morning. The fallout after the firing. President trump now has a major cabinet opening to deal with after he accepted the resignation forced by controversy of tom price who has been serving as the secretary of health and human services. The president had foreshadowed the end was coming when he was asked questions about prices use of private aircraft and then he tried to save it by saying he would payback taxpayers about 50,000 of the roughly 400,000 cost but the president said he didnt like the optics he was dissatisfied with that and argued that the administration has been trying to save taxpayers money by negotiating better deals, so the president said this was not a good situation, though called tom price a fine man. At the same time the president is also dealing with the fallo
To describe the fbi. Today this rebuttal from the top. I counter example after example after example of relentlessly hardworking, selfless, honest, brave professional people over and over again, and i would love to sit up here for hours telling you stories of some of the people ive gotten to meet and work with, patriots. We begin the hour with more white house chaos and its impact. President trump says he likes conflict. His team today is promising the new today tariffs, causing the latest personnel and policy tsunamis will be finalized by week end. The markets dont like it, even more so when the guy leaving the west wing is the president ial aide wall street likes the most. Wall street down 270 points at the noon hour. Its been up and down all day. Republicans dont like it either. Understatement there. They see tariffs as bad policy and as disastrous politics. Heres a few notes from my inbox this morning, all from seasoned republicans. Quote, hill rs are flabbergasted, is how one asse