24,615. The s p gaining nearly 100 points right now. But you know what, moderna really gets a lot of credit here. Its just one, though, of dozens of Drug Developers working 24 7 on vaccines for covid19. Speed is of the essence and thats why they are turning to a publicly traded name of a highly Specialized SoftwareCompany Helping them put the pedal to the medal. The ceo is here in a fox business exclusive. As Jerome Powell prepares additional ammunition in the form of money to help the economy, could you hear the secret message he aimed squarely at congress and the president during his 60 minutes interview . We are about to decipher it for you. Speaking of president trump, as applications for jobless benefits soar, it is the Restaurant Industry that has already bled three million plus jobs. President trump meeting right now with Restaurant Owners and executives. He said he is going to take questions when he is done getting the roundabout from the table on whos who. We are going to take you live to the white house when that q a begins. Less than an hour to the closing bell on this monday. I actually inherited a better number than what neil cavuto gave to charles. We will see if we can add on to it to start the claman countdown. Liz breaking news. Google moving higher by about 1 right now. The tech and internet giant has just responded to reports that the department of justice and a group of attorneys general, including headed by ken paxton of texas, are preparing antitrust lawsuits after probing the ebbing ttech giants hold o online advertising. Heres what we know. A google spokeswoman is in its response saying quote, we continue to engage with the ongoing investigations led by the department of justice and attorney general paxton and we dont have any updates or comments on other speculation. Googles stock is up 19 since just april 1st. I need to get more for you on that moderna breakthrough. Not only is it propelling the stock market and its own stock to pretty much record highs, its really whats giving a shot in the arm to the markets because its the first vaccine to be tested in people and appears so far to be safe. The early stage test shows that the vaccine stopped covid19 from replicating. That stock is up 22 to 81. 82 for moderna. Yes, moderna has gained an edge but globally, about a dozen other vaccine candidates are in the first stages of testing or at least close to it. All eyes as we see are on this effort, because we do have the drug makers in a mixed picture. Gilead of course, remdesivir, thats not a vaccine, more of a therapy, is moving lower by 1. 5 . Jnj up half a percent. Sorreno up 1. 33 . Lets get to the financials. We are watching pncs financial sale of its remaining 22 of blackrock. It netted pnc 16 billion, one sale, that i believe they had bought, yeah, several years ago now. Its a great return there. But this money that is now going to be in pncs pockets is fueling speculation that pnc may use the proceeds to go on a Bank Shopping spree. Kind of looks like pnc, which stock is up about 7 , is in at Berkshire Hathaway while Goldman Sachs is mostly out at Berkshire Hathaway. Warren buffett has shed some ten million of its 12 million shares of goldman. The sale marks the end of an era when buffett plowed 5 billion into the banks preferred shares during the financial crisis. Goldman sachs not getting hit too hard here. Its up 5. 7 . Its not getting hit at all at the moment. The filing also shows that Berkshire Hathaway unloaded entire stakes in phillips 66 and travelers and trimmed stakes in jpmorgan, sirius xm and synchrony financial. Those names are up at the moment. Berkshire hathaway trading up as well by 4. 5 . Thats an 11,000 gain. Berkshires stock is at 264,740 per share because it has never split in 50 plus years. As pnc and buffett are dumping out of certain stocks, it appears hedge funds are ready to give up on the stayathome stocks. According to new research from pivotal path, hedge funds are quote, tiring of the stayathome trade. Talking about names like zoom, netflix, peloton, wayfair, after these companies that popped more than 40 , so if you look at some of these names, zoom down 6. 33 , peloton down about 9 . Wayfair getting clipped by 12 . Netflix down. 5 . Netflix, less than the rest because they are hitting an alltime high on friday which we talked about but take a look at reopening stocks. A name like event bright, this is an event ticketing website. That move, 25. 6 . Apple which announced 25 more u. S. Stores are set to open, apple is moving higher by 2. 33 . Then capri holdings, up 12. 5 . Thats the parent to luxury brands. Under the umbrella, jimmy choo, versace which was downgraded by piper sandler, all popping on the prospect of reopening. State after state taking tentative steps. The investors who went all in on stayathome stocks, you dont want to be left holding the bag. Lets get to our floor show. Our traders have an idea of what you should do. Phil flynn, what stocks are still worth the investment and which reopening stocks should investors jump on now that havent already seen too big a jump . The ones you want to stay in, peloton, thats one. Thats done fantastic. I think thats going to continue. I think people are going to want that to continue to exercise, maybe stay away from gyms for a little while. But i think those ones are going to continue to go good. You mentioned disney. Disney is flying today. Not only are they going to benefit from the disney plus at home, with the big, you know, Broadway Musical hamilton coming there but with the reopening of their adventureland, what do you call it, disney land. When they start reopening those, i think that will be doing really good. I think the stocks you want to get in are the ones that got beat up, you know, during the slowdown. Darden restaurants, for example, big chain of restaurants. President trump is talking to the Restaurant Association right now. Hes talking about what they are going to do to bring this back. I think this sector is going to come back in a big way. I think after eating at home for a couple months, people are going to go out and want to have that experience. I think the restaurants are going to come back in a big way. I think darden will really benefit from that. You know what, i think what this story tells us today, what we are seeing is optimism about mae america. I have been saying we will come back from this. We are seeing it in a big way and are seeing signs already in the stock market. I think we will see it in the jobs market very shortly. Liz yeah. Look at disney, up nearly 7 . Thats what happens when you slam the word hamilton right on to something. Its huge for disney plus. We do know one thing. Broadway may be among the last to reopen. Scott redler, looking at whats going on in the overall picture, there is a move perhaps for some people to get out of stayathome stocks. Is it too late . Lets remind people, the vaccine is not here yet and there could be a fall resurgence of coronavirus. Yes. Theres definitely going to be bumps in the road, so the question is how active are investors going to be. Phil mentioned the word peloton. We all know that went from 25 to 49 so for it to pull back towards 40 or 38 isnt the end of the world. If you sell strength, maybe you could buy some of that back because i do believe they proved their Business Model will work. As far as zoom, everyones coming into that arena. I think the question is, did your business get enhanced because of this crisis, did it change, or is it just a flash in the pan. Businesses like you mentioned netflix, netflix was already a proven model. Yes, it got enhanced so maybe it has to consolidate but i dont think you sell netflix. Same with amazon. Amazon had a great run but its been consolidating. I think amazon makes new alltime highs on the year. The names businesses got enhanced, okay, you stay in those. The ones that might have, you know, had a surge in profits because of this kind of oneoff event or multimonth event, those are the ones you have to make sure you are very, you know, just aware the risks are there that it wont come back. So many coronavirus names are up 200, 300, 400 , they may spike and you will never see these levels again. Those, you want to stay away from. Always stay involved in the macro picture in the market. You what i like . Boeing. You want a trade, like a disney thats a fundamental, you know, blue chip name out there thats been crushed . I think boeing could see another 10 , 15 from here higher. The Saudi Wealth Fund . They bought a big stake in that. Liz we are going to be watching boeing specifically, literally, in just a second. Phil, scott, thank you so much. As we look at what is left here of the final hour of trade, look at the nasdaq, up 221 pounints right now. S p seeing great gains, up 73 points. The dow, a nice 3. 8 gain of 918 points. Closing bell, 50 minutes away. Yes, to boeing, boeing is flying high as the dow 30 leader after the ceo of ryanair, the irish airline, bashing airbuss pricing saying the irish carrier is close to giving up on airbus and is looking at increasing its orders from boeing. Investors like it. Up 12 for boeing right now. Up next, as that search for a covid19 vaccine gains some steam due to moderna, one company is sitting squarely in the middle of all the efforts by many other Companies Competing to be first to market with a vaccine. Publicly traded, we are about to introduce you to veeva, a cloud Software Company that streamlines the search for a cure no matter what Pharma Company uses its services. Its a fox business exclusive. The stock is up 40 year to date. Got to meet the ceo next. vo since our beginning, our business has been people. And their financial wellbeing. Its evident in good times, with decisions focused on the longterm. And crucial when circumstances become difficult. That continued emphasis on people our advisors, associates, clients and communities gives us purpose, strength and a way forward. Today. And always. Confident Financial Plans, calming Financial Plans, complete Financial Plans. Theyre all possible with a cfp® professional. Find yours at letsmakeaplan. Org. Liz we began the show by saying that these incredible numbers that you see on the ticker here with the dow up more than 900 points, the s p jumping, the nasdaq up more than 200 points, much of it is due to the fact that a Company Called moderna has had some early success with a possible vaccine. A covid19 cure. Guess who is helping them actually mastermind the speed with which they can bring this to market . The mastermind behind one of the worlds most successful and innovative Cloud Software companies that helps more than 850 Life Sciences companies along with moderna bring new medicines and treatments to patients faster is a Company Called veeva. Veeva works with names like moderna, gilead, merck, Johnson Johnson, novartis to help them in their race for a cure for coronavirus and of course, so much more. In a fox business exclusive, we have veevas cofounder and ceo, Peter Gassner. Peter, wow. This must be a really great moment for you and the team that moderna has come close to this. Tell us exactly what your role and what you do with your Cloud Company actually have when it comes to Something Like this. Liz, hey, good to thanks for having me on. Yeah, exciting times overall for the Life Sciences industry. Our customers, you know, customers as you mentioned, Johnson Johnson and novartis and moderna, et cetera, boston scientific, they are working as hard as they can now overall to bring out vaccines and treatments and medicines to the world that need them so they are really working around the clock, and what were doing is providing them Cloud Technology that they can help them do that faster. Its not only just producing the medicines but also educating the doctors around the world about those medicines, and thats been disrupted as you know, because you cant really go to the Doctors Office anymore. Thats quite restricted now. We are helping them to do much of that remotely when they can. Liz its important, i think, for people to understand exactly what it is that you do beyond what you have just described, customer service, whether things are working, safety, complaints, is that correct . You kind of aggregate it all with your Cloud Software. Right. If you look at a Life Sciences company that is some important things that they do, they run Clinical Trials to prove if the medicine is effective and if its safe. They produce the medicine in a very controlled and quite a complex way. They have to educate the doctors around the world about these new medicines so that it can be prescribed effectively. We help them in all three of those areas and since our software is Cloud Software technology, its really good at helping them do these things remotely and thats very important now. Liz whats it like right now to be the ceo of a company that is in the spotlight or even i guess you could say slightly on the margins but youre really in it elbowdeep, at a time such as this . Does anything compare in the past to what veeva has experienced in this incipient stage . Certainly a busy time for us. We founded the company in 2007 and have grown since then. Right now, its super exciting a time, a great time to be leading veeva because i feel like we can contribute so much to our customers and to society and to the patients. So were working around the clock for sure, but we are keeping organized and keeping efficient and effective. In times like these, when you lead a company and have this opportunity, you certainly have to communicate more because things are changing so quickly. Im really energized by it because i see, you know, this situation affects families and people differently, depending on their work and their life situation, and i see people at veeva more affected than others, and the great thing is people are picking up the slack for each other. They are really helping out. I see that in our customers, the Life Sciences industry, even our customers who are competitors, they are partnering together with each other, helping each other out. I feel like the industry is really rising to the occasion and im really proud to help them do that. Liz well, from former paper boy to billionaire ceo thats really a part of the solution versus any kind of problem, congratulations, peter. We got to get to know each other better. I would love for you to be on our podcast. You are just the kind of story we love to tell. Congratulations. Very good. Thank you, liz. Thank you very much. Liz youre welcome. You know, Peter Gassner runs veeva. This stock is up about 40 year to date because its part of this big effort, and the effort is whats moving the markets right now. The closing bell is ringing in about 40 minutes. We do have the Dow Jones Industrials up 922 points. Listen, as long as i finish higher than what charles gave me, im happy. Because we have a big competition. The l. C. Effect, the c. P. Effect. We should look at cruise stocks. Cruise stocks on Cruise Control at this hour, as optimism that the worst of the coronavirus pandemic may be washed away is really propelling these names. Carnival, royal caribbean, norwegian. Boy, these have been hammered down, they are all up anywhere from 14. 33 for carnival to norwegian and royal caribbean, up 17 apiece. There may be more behind todays rally than just optimism over possible vaccine. Charlie gasparino here to break it down on the claman countdown next. To everyone navigating these uncertain times. 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