And your comments a moment ago to andrew, just sort of crystallize, not just what a job shes done, but how companies are placing their bets on looking through cycles, even though were a week away from an election and in the middle of a pandemic. You have somebody the quality of lease why isa su, best ceo i country, nonpromotional, re competitive thought this was maxed out. Youre in the personal computer and data center, it is not good enough she saw what happened to intel i dont say that with any prejudice. Just that she left intel behind. She is in the data center, who is she who are her clients . Azure, google, and, of course, amazon but it is time she feels it is time to branch out into auto, time to branch out into defense into telco when you look at xilinx, what youre seeing is a mosaic where there is some overlap in data center, but the rest is an attempt to say, you know what, we need a bigger total Addressable Market we have to outgrow our markets right now. And i think it is a
Look theyre higher across the board. The nasdaq is up by 134. Its early in the morning but these are pretty significant green arrows at this point take a look at whats happening at the treasury market and youll see that right now the ten year is yielding where it has been 0. 996 joe. Tik tok, the latest here. Developing late yesterday, the u. S. Judge blocked an order that would ban tiktok from being downloaded in the u. S. The ruling is the chinese owner byte dance has more time to get approval from u. S. And Chinese Authority which is unclear if that really happens for that deal with oracle and walmart the judge did not clock a much broader ban which is set to take effect on november 12th which the way things are going will be here like tomorrow i wanted 2020 to go quickly but now im thinking its just going too quickly. We wanted to go quickly. Still 2020. You still did your best Barbara Walters with that. 2020. And hugh, hugh had a long illustrious life hugh is gone now but we remem
This is who boss the one business show you cant afford to miss some friendship or in washington coming up as air travel resume cases the provirus are surging among t. S. A. Agents this while the u. S. Faces another record in new cases well take a look at the global numbers momentarily and although jobless claims have begun to fall the state of mortgages in the United States are still in question straight ahead we break down the fate of these homes and what struggles lie ahead plus that we welcome back James Beard Award Winning Television personality Andrew Zimmern to discuss the plight of restaurants in the United States as they struggle to reopen it with a packed show today so lets dive right it. And we lead the program with the struggles of trying to return to some sort of normalcy amid the copen 1000 pandemic the Airline Industry worldwide has been decimated since the beginning of travel restrictions and home orders but air travel has been steadily climbing over the last month and a
Going to session lows area traders have been looking past the escalating tensions to signs of the pandemic recovery. Hong kong is bracing for what the biggest protest in months as the City Government meets to discuss criminalizing disrespect for chinas National Anthem. Shery looking at markets trading at the moment, u. S. Futures are down. 1 as the s p 500 and the rest of the broader markets are in the green. Still fading in late trading sessions. The s p 500 going back below the 3000 level. It had stayed up but bloomberg reported the u. S. Is mulling sanctions on u. S. Officials and firms over Hong Kong Chinese officials and firms over hong kong. We got chipmakers exposed to china tumbling at the end of the session. The usual laggards led the gains today which was an interesting rotation when it comes to the markets. We had data, Consumer Confidence was stabilizing in may. Looking at a mixed session in asia as we get these conflicting signals like concerns over the u. S. China relatio
Because the Senate Just Passed another 500 billion bailout. Bailout, lets say of the last bailout. As we quickly ran out of money thats why the dow surged 457 points s p soared 2. 29 nasdaq 2. 81 house of pleasure Payroll Protection Program was supposed to be for Small Business, right . In the end a ton of that money ended up going too big businesses, Public Companies that was a back rub and sing i feel like a chump. I guess i should be more cynical about politics, just trying to help Small Business. However, if you ask me, that wasnt really the big story of whats going on. See, theres something bubbling underneath right now under the surface. And if anything, it makes me want to be less cynical about corporate america. Thats right corporate america. See, this market is rewarding businesses that have foresight and originality and most importantly, heart i dont want to sound too sappy, i dont know how else to put it. The stocks of good corporate citizens are thriving here mark benioff,