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Legendary Silicon Valley venture capitalist tim draper, he was a very early investor in twitter. We have him in a fox business exclusive on exactly what he thinks and how serious he believes this new move by President Trump ostensibly against twitter and other social media names might really mean for Silicon Valley. And we are looking at many different stories at this hour, specifically let the bidding wars begin. Yeah, the Housing Market. How about that. We know that more states are allowing the reopening of so many different businesses, including Real Estate Brokers who had been during the lockdown banned from pretty much facing facetoface potential buyers. Re realogys ceo is here on just how strong he ....
Denny, welcome good to see you. Thank you for having me appreciate it. Weve got about a hundred s p names on the tape so far for the quarter and in tech, at least, if you strip out netflix, what has there been to complain about, really . There really hasnt so far. You know, the numbers, particularly if youre focused on companies with Long Duration competitive advantage and you would highlight over the last couple of weeks, weve seen microsoft, for example, put up exceptional numbers, as the cloud transition continues and azure continues to ramp and you know, its just amazing, if we think about the numbers there of their commercial Cloud Business, which is effectively the size of Amazon Web Services. Its a different kpocomposition, mix of business. But both of those businesses are growing 40 at 40 billion annualized i ....
Last quarter but not enough to move the stock. Its down right now, higher shipping costs hitting the bottom line and a lot more we will discuss there. Wait until you see what happened during my interview with senator Marsha Blackburn. Varney company is about to begin right now. This is what people want to see done, and i got to tell you, summertime it might be hot but people are pretty happy campers. Charles real quick, you mentioned are you okay . Yes. Charles oh, my goodness. You just never know whats going to happen on live tv. That was my interview with senator Marsha Blackburn from yesterday. A pretty rousing interview to say the least. Going to be a rousing start this morning also. We just got the latest read on the economy. I want to bring in David Mcintosh with club for growth. David, just your initial reacti ....
That key 3000 level again. Joining us for the entire hour nancy tangler from tangler wealth management, welcome, nancy. Thank you, sara. We are seeing a nice rally on wall street. What are you doing right now what are you buying . Still focused on the consumer the china news is good but i dont expect us to get a deal soon u. S. Consumer. Yes, thank you. Although china did pretty well according to coke. Yeah, great interview by the way. Thank you mcdonalds, home depot, starbucks, those are some of the names we like in the consumer space as well as coke, one of our largest holdings. Who do you think likes the bachelor more i didnt know tyler was a fan. Im a super fan. Anyway lucky were getting that show on cnbc. Theyre one of the best couples. The new show. Oh, theyre from the bachelor. Im lost. Kayla tausche and seema mody has United Technologies and josh lipton has details on potential app de apple deal in the works and diana ....