Deal on a fifth coronavirus stimulus. Thats what charles and i were just talking about. Can they beat the clock before time runs out and 32 million americans unemployed are left with a loss. Speaking of wins and losses, the nfl bending to what appears to be a coordinated tweetstorm involving nfl allstars from jj watt to Patrick Mahomes who want to know the leagues Virus Testing plan. The social media blitz over the weekend and efforts to pressure the league to pull off a covid19 safety ahead of nfls kickoff. Jarvis green of the new England Patriots joins us on what the players really want and whether they will even get it. From the gridiron to the front lines, we have the publicly traded smart Glasses Company transforming how First Responders do their jobs. Paul travers on techs role in the covid19 fight and why new competition from, of all companies, apple, is not darkening his outlook. Plus the twitter hack heard round the world. What cybersecurity guru ping is doing to protect the identity of its big name clients including streaming giant netflix from falling victim to the cybercriminals. They are doing something right. The stock is up 57 year over year. Plus, from billionaire to zero. Disgraced former theranos ceo in court. And charlie breaks it. Lets start the claman countdown. Liz breaking news. Former therannos Ceo Elizabeth Holmes and her chief operating officer who was also her boyfriend along with a phalanx of lawyers are in a virtual hearing in u. S. District court in california. Attorneys for the infamous founder of the failed Blood Testing Company are arguing pretrial motions by zoom because of the pandemic, of course. The pair face 11 counts of fraud as prosecutors say they lied about the effectiveness of the blood testing technology, defrauded investors of 700 million, swept in unknowing Companies Like walgreens and safeway to start partnerships with them, and faked all kinds of revenue. Holmes trial date is set for october 27th. We will keep you posted on anything that comes out of the pretrial event thats happening right now. Check the dow. Its up 25 points, had been down. Right now we are looking at a stock thats thrilled investors for months but today, has them peeling out of the driveway leaving it in the rear view mirror. We are talking about ev truck maker nikola, whose badger pickup enthralled the bulls even before it took a single reservation, tracking a record percent decrease right now after it filed for a Share Offering related to warrants. The stock is down 20. 5 . Deutsche bank says there could be more selling ahead as investors attempt to lock in gains after nikola has surged as high as 94 bucks a share when it began trading in early june. Nikola now at 38. 82 a share. Its kind of an upside down world in that ev truck space. Rivals tesla, which make the cybertruck, and workhorse partnering with lordstown to manufacture the endurance are both moving higher. We have workhorse up 10. 5 . Tesla moving higher by 8. 33 , standing at 1,626 a share. Just as airport massage chain express spa converts its spas to offer express covid19 Testing Centers at airports, the stock is jumping 9 on the announcement it has issued a prospectus for the resale of 10. 5 million shares, some of it tied to warrants. If those warrants are exercised, the company could net about 44 million. Take a look at peloton. Peloton energized after wedbush raised its price target to 66 bucks a share. Stockss at 64. 30 right now, saying it expects the subscription workout companys quarter was a blockbuster. That would be the covid quarter, right . Wedbush sees more growth on the horizon from new products including an expected rowing machine which we have heard about, hasnt been really confirmed, but today the stock is jumping 5. 76. Peloton already gained 124 year to date. The nasdaq locomotive is seemingly unstoppable at this hour but the techheavy index faces an important key test this week. Earnings chugging in from a whos who of techland, ibm, microsoft, twitter, instagram, as the train stops along these various stations. Will investors continue to jump on for the ride or bail out of these tech titans which have had such on balance an incredible couple of months . All aboard we bring you our floor show traders. Scott redler, who do you see pulling into the station unscathed when it comes to big tech earnings and who might get derailed here. You went over so many important names in technology. Technology has been the heartbeat of this rally the past three months. Im playing tesla. Last week when there was a little volatility, great way to position in some options for some of these earnings plays. Last week i positioned into tesla calls. I think if they are profitable you will start hearing more about the s p 500 inclusion so im doing a call spread. I bought at 1800, i will sell at 22 will 2200. Thats the momentum wild play. I will also probably play microsoft. Microsoft has also been a darling. Its not going to be as explosive but its very very important for the market for microsoft dto come through or nt be a led wihead wind. If i were to choose between snap and [ inaudible ] i would go with snap. Liz hes got a plan. [ speaking simultaneously ] i agree. The chart looks so enticing on twitter. Its been rallying up big. I just think its getting ready to be upset with the earnings. I dont think twitter is going to hit it. I dont like their management, i dont like the way things are going over there. I think if anything, if we are going to see a bad surprise in the tech sector, i think twitter is going to be the one. On the other hand, microsoft, that stock hasnt really performed as well as people thought it should. Its really been kind of lagging a little bit the last couple weeks. I think thats one to beat. I think microsoft is going to kind of get on top of that. If i had to choose, long microsoft, short twitter. Liz i know a lot of names have not yet reported but so far the 77 of the s p 500 names that have reported have come in better than expected on both earnings per share and on revenue. Scott redler, how closely are you looking at these . I always like to see revenue because that means theyre making money. Okay, yes, they have some bills they have to pay so the earnings per share go down, but which part of this piece do you tend to look at the most . I tend to look at more the reaction to the actual full Earnings Report but i think a lot of people would like to see revenue. Lot of people are saying theres been financial engineering, thats why tech is so strong. They buy back their shares, make themselves look stronger. We control what we can control. A lot of these companies are going to have a bigger path based on covid. Its really going to be like how does the street react to the individual numbers. The banks werent so bad last week. Jpmorgan came out, Goldman Sachs came out. They werent treated very well. You really need to look at the reaction, need to see whats involved. At this point i think people want to see revenue increase. They are starting to look a little bit year over year versus quarter over quarter. Its definitely a complicated quarter. They have to know what to own and be very specific. Liz phil, before we go, are all bets off if we dont get another stimulus bill that goes through congress . I definitely think if we dont get a stimulus bill, thats going to be a reason to take a correction. Now, the reason why it wont get through is it going to be politics or is it because people are going to think maybe were not going to need it. We got great news on the front for a potential vaccine today. That really got the market going. If theres any perception that we can get one fairly soon, then all bets are off. It will be very bullish for the entire stock market around the board. Liz yeah. For those of us old enough to remember t. A. R. P. Failing the first time around. That was an ugly day on the floor of the new york stock exchange. I was there. I know some of you guys were, too. Great to see you both. Scott, phil, thank you. You were there. It was crazy. Stock market sold off bigtime. Lets hope we dont see that, because people do need the help. We are watching it very closely. Weve got about 51 minutes before the closing bell rings. Dows clinging to gains but it is the s p 500 that has a nice. 66 comfort move above the green line, as covid19 infections hit record levels here in the u. S. , particularly in states like texas and florida, consumers continue to turn to Online Shopping even as more retailers open their physical locations. Among the notable gainers on your screen, check out chewy, up 5. 33 , overstock. Com up 8 , followed by wayfair, carvana and etsy all moving higher. But its not just Online Shopping. The pandemic has caused a surge in mobile food ordering, but is that and everything you are doing online putting your data at risk . Next, the ceo of Ping Identity about what his company is doing to secure your data and his big business clients, too. The claman countdown is coming right back. Cool breeze from the air wind blows through my hair dont care if people see my dancing in my car and if it shines or rains oh i cant complain its still a Beautiful Day because i got love got love got love got love its a Beautiful Day but what if you could stdo better than that . K. Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. Liz microblogging titan twitter today admitting its quote embarrassed and disappointed after it became victim last thursday of one of the most high profile Security Breaches in recent history. Hackers targeted 130 accounts, reset the passwords and tweeted a bitcoin payment scam from 45 of those accounts, including those of former president obama, joe biden, bill gates, elon musk and jeff bezos. Then also tweeting out a bitcoin payment scam with a fake pledge to double their money in return for anybody who sent in money. How did they do it . One hacker who claimed to be a twitter employee and may very well have not been an employee was reportedly able to breach a twitter slack channel where administrator credentials were posted alongside a way to access the Administrator Panel which of course is the tool used by companies to reset user passwords. The rest, as we say, is recent history. But lets bring it to today and the man who for years had zero trust in anything on the internet, so he founded Ping Identity, the company handles billions of accounts for multiple fortune 5ed h ed500 co. We welcome andre durand in a fox business exclusive. Im guessing the chief Security Officers of companies around the world got very little sleep this weekend worrying if it could lap to their companies. What were you hearing from your clients over the past 72 hours . Thank you for being here and certainly, cybersecurity is paramount and on everyones mind right now. We live increasingly in a Digital World. I havent talked to my clients specifically yet about the twitter hack. Theres been a number of conversations obviously internally, whenever these things occur there is kind of a forensic that goes on within the Security Community and everyone is looking at their own security, saying could this happen to me. In this particular case, obviously wherever there is value, wherever there is people, wherever there is eyeballs, you are going to find crime and cybercriminals trying to get in, which is why the Identity Security of the entire industry and the entire world as we live increasingly in a Digital World is so incredibly important. Liz i have to ask, andre, because every time theres a major hack, whether it was equifax or target, home depot, we do this story, is your company protected. Whats new here . What have you been able to do for your clients, among them netflix which almost everybody who has an account has been using extensively during the coronavirus lockdowns. What have you been able to do to prove that you put a seal around our personal data and their data . Well, let me just start by saying we raise the walls and the criminals are always finding ways to go through them or around them. A lot of the hacks that we have been hearing about have been a breach of passwords, where they have socially engineered a way to essentially get your password, get into your account. I think theres been a lot of work in recent years, especially around what you have described as this particular hack, in protecting the really Privileged Accounts of the administrators that have access to a lot of very sensitive information, but suffice it to say, what we have been working on as an industry, theres been a lot of work going on in encrypting information that is just sitting there that could be a honeypot for the hackers, as well as focusing on strongly authenticating the user well beyond the password. Ultimately we would like to get rid of passwords. They are really the weak link in security right now. Theres many more ways we can strongly authenticate users to make sure a stolen password cant get a hacker into your account. Liz okay. Yeah, i get that. Your stock is doing very well, up 50 57 year over year. The annual low is 12 bucks. We can look at it now but you are now about a 2. 5 billion company that people are turning to. I need to get your thought then on tik tok. We knew we were vulnerable through Online Shopping sites but now its social media because the New York Times reported regarding the twitter hack that this socalled lead hacker named kirk had somehow gained access to the slack messaging system inside twitter, so my question to you is this. If youre talking to your clients and they say what about tik tok, do we tell our employees they cant have that app on work phones . What is your response to that . You are actually going to a place that was a conversation in my car this weekend with my daughters. Im not current on tik tok. Obviously i have read about some of the concerns of where the data is going and how that application might be used to be stealing other information about either users or accounts or getting in. Look, i think we are in an era right now where we need hyper awareness that the criminals can be anywhere, and we cant secure what we cant identify, which is why its so critically important that we take Identity Security seriously. Ping serves 60 of the fortune 100. They do take security, digital and cybersecurity and Identity Security very very seriously. This is going to be, it really kind of is the new battle front, if you will. We need to protect the accounts of everyone that is both consumers and employees alike so that we can control ultimately what they have access to. Thats what Identity Security is all about. Liz andre, we appreciate it. Good luck to you and Ping Identity. We need Companies Like you, so thanks very much. When we have about 40 minutes left before the closing bell rings, its time to talk about the dow which has now doubled its gains since we began the top of the show at least. Its not the high of the session. High of the session is a gain of 56. We are up 43 right now. You know, it seems third times not the charm for tenet the movie that was expected ob the blockbuster hit of the summer. Already delayed twice. Warner brothers has again removed the Christopher Nolan scifi thriller from its august 12 release date, saying a new release date will be shared quote imminently, but this latest blow is hitting Movie Theater stocks where it really hurts. Amc down 2 . Cinemark down 4. 5 . From the Silver Screen to the gridiron. Nfl superstars launch a tweetstorm to sound off about the lack of safety protocols the nfl has put into place ahead of Training Camp. Some of which started today. 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