Home this is not an option. Welcome to my world this is all i use these days. It is so easy. So quick amazing im 30 years old im 66 i look like adonis. You are mocking me. Not a terrible mock to receive wolff, were you here in the u. S. You mean january 1, 2016 when i arrived on these shores . Was it really january 1 one or two. You are in for another treat, i guess to see real democracy in action to have a constitution that is the envy of the world instead of 12 different parties in england, the republicans can team up with bernie. You know what it is like to win the popular vote exactly, because our forefathers realize two parties could not elect the president. Other people might have something to say in the uk, you can quite comfortably get a seat in Parliament Without the popular vote you are right, we have no written constitution it is hard to push back on that front. We have our own royal family, the kardashians. We promise not to gang up too much. Im enjoying this so far. I want to go back to kelly i wonder how much truth was behind it when you said good morning. Based on your tone just before that good morning. Really admire all of you guys who do this every single day do you know how much energy dom had. Im trying to feed off of it hes amazing. Amazing you are still tired, hubby is at home cursing you mom is over we need all hands on deck. God bless mom. We have three hours but we are going to hear from people if you dont Say Something about the market i very much enjoy being here. I miss talking to you. You are welcome any time. Thank you nasdaq is coming off another record breaking session. 118 points higher. A 1 gain, 40th intraday alltime high here record on pace for the first win streak since early january a look at the picture this morning. Equity futures higher at this hour nasdaq maybe adding 16 treasury yields a little bit of a story they have drifted up to the highs. We are back about 0. 64 for the year also just mentioned the dollar as well higher by a quarter percent. The euro had changed direction down about half a percent after those pmis disappointed. Well below july and the uk beat. Former Vice President joe biden accepted the nomination with a pledge to serve all americans as a uniter and a healer. He said the first thing he would do is work to get the paean under control and mentioned his platform on taxes. We dont need a tax code that rewards wealth more than it rewards work im not looking to punish anyone, far from it. It is long pastime the wealthiest people and biggest corporations in this country paid their fair share. President trump tweeted, in 47 years, joe did none of those things he now speeches he will never change, just words. More on biden and what it could mean for your money coming up on the show you guys have no delay, so im probably going to be the one to mess things up. It is weird. When you have three people all on delay, there is like a two or three second mandatory wait just to see it should be easier for you two today. Ill keep looking to wolff for my reinforcement we have a sports segment coming up, we are going to talk about european soccer. I like that feature heavily in his notes, the guest. It did. I was amazed there is actual viewership and profitability for some of the teams. Including across the whole world which has a greater population than just america have you ever watched the nba playoffs when you score in soccer and when you score in basketball people get way more excited in soccer. One nba game has all of the scores ever scored in soccer the euphoria there. Plenty of euphoria even though you are in a bubble. You are missing out when you have 17 zerozero ties, when you get that one goal. I have banged myself against the wall for hours and when i kick, its like, i feel so much better sometimes in soccer, you get a result after 90 minutes. Unlike cricket where you can draw after five days all about the relative draw you can get from those moments management is saying now, it is not becky, andrew and joe that cause the problem it could be anybody. A California Appeals Court extended the length of time uber and lyft have no with that order to reclassify drivers as employees. I dont know how this is going to work. As a result, both Companies Said they would continue operating in california after threatening to suspend service. Extended until both Companies Appeal to resolve to a new time line to prepare a new procedure including a statement by the ceos to figure out exactly what it would take. They could be Smaller Companies and they said, no. The wall makers side of the bargain has caved. They didnt go right up to the deadline in london, it was more about did they do sufficient background safety checks when you got right up to the point where was uber fletenning to pull out all together, they had to back down and it was this rolling extension of terms. You are right they called the bluff of the Political Class out there and they won it is hard to read this any other way. I wonder what it tells us if they have this issue on the ballot in november you know what is enjoyable there is that joe takes two seconds to laugh now do you have a car in the states i do now. You do now . What is it a nissan rogue. Sadly, it is a nissan. Thats a good car did you drive a stick in the uk i did is the clutch on the right . No. I might mess that up. I dont think you ought to be driving on our roads stay on the other side do you got that down yet when we drive anywhere in the world, we have to get used to the wrong side. You are very international. We understand. Okay coming up, Johnson Johnson launching a phase three trial of the vaccine candidate double the size of other competitors. Two stocks on our radar. Today is the last day for investors to buy shares of tesla before the five for one stock split. We are watching apple, closed above the 2 trillion level. Well be right back. Good morning, mr. Sun. Good morning, blair. [ chuckles ] whoo. Im gonna grow big and strong. Yes, you are. Im gonna get this place all clean. Ill give you a hand. And im gonna put lisa on crutches wait, what . Said shes gonna need crutches. She fell pretty hard. You might want to clean that up, girl. Excuse us. When owning a Small Business gets real, progressive helps protect what you built with customizable coverage. And im gonna eh, eh, eh. Donny, no. Oh. J j planning to enlist up to 60,000 people worldwide. That is over twice as many as other companies. Good morning to you. What could be the take on this a sign that they could be Getting Better results than others it would work better than any other way thats not the reason they are doing a larger trial. It is not clear theyll roll up others they may be doing large trials in other countries and regions a lot of the trials you are talking about were done in one or few nations of the world it is often the case theyll run a test for other countries is there a difference between these different u. S. And European Companies in terms of how they are going through the necessary steps and across the sidelines that if they do get the results we can go there and trust them the 30,000 patient trial including the one being developed by pfizer is a robust trial. Even after these read out if they are successful likely to be an authorization used in a highrisk Population Health care workers. Requiring manufacturers to reflect in the context it may be delivered in the framework where people get the vaccine but still will be followed this will be more of the rolling outcome after they get authorized the other good news weve seen is the announcement in these companies. Astrazeneca has enrolled about 8,000 to 10,000. News that pfizer thats enrolled about 10,000 information that these trials seem to be enrolling pretty well we look at data in europe spiking. I dont think weve gotten past our second wave we truly havent had a second wave yet most with the perception that weve had one in the new york region and then another epidemic in the sun belt that looks like a second wave. I do think well have a third pervasive spread likely to see the virus get into more Rural Regions that have been less impacted to date the way this virus spreads from not one to two people like the flu but from one to 90 people means the community is vulnerable you can host the spread and really the outbreak can happen anywhere thats what we are starting to see. What do you think about the colleges that are starting to reopen should they send students back home is it smart to keep them on campus, what are we learning i think the colleges are reluctant to have outbreaks because of implications to staff. We are seeing some in older adults talking to college athletics, they are seeing some instances of mild carditis that was making concern of the issue of spread it is falling down in a social settings where students are going off campus and partying. On the campus, they have the ability to do testing with some social distancing and mitigation like Wearing Masks and trying to spread people apart. If they do that, it will enhance the campus setting you are saying theyll be fine if they dont have big parties. Thats just never going to happen it could happen people can make a decision that they are willing to undergo certain things maybe we should have universal masking. Maybe youll have to give up large parties they can enforce that with the theft expultion. Purdue did that. People need to take on a concern or else well have continued spread thank you for joining us. I didnt know if you were going for a question there i miss read the delay there. My apologies. I heard the doctor talking about football i was worried you misunderstood what he was talking about. Even during an interview. He said it, and i thought, wolff is going to think hes talking about soccer the only thing ill divest is we are worried about the fall here it is august and flu season i thought by now wed maybe have a little breathing room p and im not really sure now. How would you know the symptoms are almost identical. It is going to be a problem. Well talk to him next week. Coming up to stocks on the move. Would you pay more than 100 for a mask one luxury designer thinks it could be the hot new fashion must have. We head to break and look at the biggest prerkmaet gainers in the s p 500. Whether its over the phone, online, or in your office, were here to listen and provide solutions that help you run your business better. Because the decisions you make have far reaching implications. And a relationship with a Corporate Bank like pnc can provide just what you need. As one of the nations largest banks, pnc brings customized insights and a local approach. To make informed choices now and in the future. Pampers cruisers 360 fit can too with a stretchy waistband and adaptive 360 fit so they can move the way they were born to [music] born to be wild pampers cruisers 360 fit welcome back time for the executive edge. Ross stores reporting a surprise Second Quarter profit. Beginning a staggered reopening of stores in may company says part of the decline is attributable to depleted territory. Ge has extended ceo larry culps role working on a multiyear turn around plan. Ges share in aviation has been impacted uk based luxury brand bu burberry has launched face masks. They cost 120 and come with a travel pouch 20 will be given to the Covid Community fund pretty predictable. If they become something we have to wear years and years then fashion becomes a thing i still see this as practical. I dont see paying more than 5 or whatever those packets cost there is a guy who makes them out in the midwest pack of 50 the value of this, joe am i allowed to keep it . If i was spending like 120, i want it to be the very best air felt operation design. I dont know if wed wear that i dont know if id wear that, wolff. The burberry one or the effective one i dont want an effective one, i want a burberry one i see you are agreeing with me there would you rather wear an effective mask we have to get to know each other better your tone was as if no maybe it was the delay i delayed. The delays as someone send me an underarmor mask. It is black and technology looks pretty sophisticated too fur trying to run or something, you could design a mask better if you are breathing heavily so i understand that well be wearing these a long time if we have to start thinking about what clofr mask we need and how am i looking in my mask. Should we be Wearing Masks for a month in february. I reckon for things like the subway, well be wearing them forever more, which is common in other parts of the world i dont think youll be wearing them in the most unnecessary times but well be wearing them forever more thats why burberry is making them you are not going on the subway if im going from the Stock Exchange to midtown, im taking the subway it still feels busy out there. Everybody is above the ground, thats why leave the prius at home. It is a rogue much cooler. If hes going to pay for parking, the best car he needs to get to make it worth that money. Coming up, the psychology of investing and why the robin hood Trading Platform and looking at tesla, that stock cracked 2,000 a share up more than 400 . As we head to break, a look at the s p winners and losers from yesterday. Stay with us as business moves forward, were all changing the way things get done. Like how we redefine collaboration. How we come up with new ways to serve our customers. And deliver our products. But no matter how things change, one thing never will. You can rely on the people and the network of at t. To help keep your business connected. Good morning u. S. Equity futures have turned a little this morning. The dow now down about 24 points, the s p down three and change, nasdaq down about four we have phil la bas we were talg cars tesla is up. Market cap, 377 billion the surge making elon musk one of the worlds richest i think hes number four now phil, i cant believe you are on wolff just copped to owning a nissan a rogue. I had to look it up. It looks sort of family to me. It is a fine choice there is nothing wrong with that you were putting something in a prius. Prius is a little cache im not trying to defend it it is a temporary fix during covid. It serves a purpose. My dream vehicle one day is not sorry to be rude to those folks at nissan. But for now, it is practical it might be a tesla no. Ill take that as a hint. Well talk about as continas martin another time. Lets talk about tesla it has been a fantastic week some people said it will move higher if you want to be part of the five for one stock split, that can happen the adjusted level happens take a look at where we are at right now, looking at 379 million that is now worth more than toyota and volkswagen combined we are talking number one and two in the world tesla now worth man. What are the catalysts now that tesla has run up to 2,000 we have battery day coming up on september 22 what are they talking about in terms of Battery Service and longrange batteries end of the third quarter, start of the fourth is when they do that q 3 results early november the giga factory, by the way panasonic is adding to the nevada factory production. Adding a 14th battery production line that will be a 5 more efficient than the previous one. You take a look at teslas delivery last year and where theyve been remember, teslas guidance is to deliver at least a half million vehicles many believe they will make it to a half million. They may fall a little short and come up with 400,000 in sales wall street believing they will hit that 500,000 mark i have a different question for phil what vehicle fits three car seats . I need to know a lot of them you know what the real challenge is, youve got to try them out your test drive is not a test drive but youve got to see. Im going to do the wolff and grab something and hope it works. You and i had a couple of questions about the news delta released there were some question marks here is the deal. Ill keep it as simple as possible delta will keep blocking the middle seat on planes through january 6. That does not mean every single seat 100 is going to be blocked. You have a family of three, theyll take up a row there. It does mean that they are going to be limiting the number of people coming on their planes, boarding the planes. The previous cap was 60 now the main cab iin could be filled up to 75 depending on the configuration there was some confusion thats what theyll be doing starting in october up to january 6. It is not a concern whether theyll fill those seats the load factor, they are struggling to get above 55 to 60 . It is not like you have a rush of people going on to these planes phil, thank you we appreciate it all the advice and information the latest there he mentioned tesla one of the most popular stocks, the brokerage says it has 13 million users with the median age of 31. Recently valued at 11 billion. The app interface makes it easier to invest but caused dark patterns and may lead to investors taking on morris being. With us is Thomas Ramsey founder and ceo of neuros ink what is robin hood doing that is so effective and maybe pulling people in the wrong direction . What they are basically doing is taking away what disturbs people when they are making decisions. To logic sense when we are using our phone when trying to make a choice people have more time to make up their minds and make a decision. Here is the thing we talk about other apps like facebook or others they are designed to get the most out of me they are not comfortable with that with robin hood and more investing especially young people should a company not design an app that is effective in this way or rules about how an app would work that is something they need to bear in mind. There are certain design principals that are good to use. Other things they should be more careful such as using some kind of reward when people make a decision to invest that leads to potentially a skew in the way people do that. What would you say he it people looking to make the next killer investment app . Does it mean kind of encouraging people to make a lot of day trades and we know how that usually ends up. Exactly the question is how much we allow people to make apps and investment to your average i think robin hood has come koes to nailing it but with certain things, i would be careful doing. To simplify is generally a good thing. Do you vo an idea to how the investors would be and drawing a conclusion. Does that spook them in an a more pronounced way and taken time to get ov