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Welcome to squawk alley. The at Home Technology story continues to deliver big you can see there sonos up 26 this morning after strong earnings want to talk to the ceo in a minute and nvidia also delivered solid results on pc and Data Center Demand beating on both earnings and revenue. Sales up 57 from the same period last year though its lower this morning on modest guidance second biggest gainer on the s p 500 year to date though. Julia, its really interesting how, you know, stay at home stocks maybe suffering a bit but some of the Underlying Technology driving some of that action doing quite well well, jon, one stay at home stock that is not suffering today is roku. That stock up over 6 . Driven in part by the circulation of reports saying that roku could be near a deal with at t to have an agreement for h ....
A deferral to the keynesian central planners i mean this is the alternative to having Small Businesses at the root of the economy is to defer to central planners right so thats a repudiation of the entire concept of the enlightenment going back to adam smith right so this is a return to either neo feudalism but you must respect the king that only the king knows or its an acceptance of a certain lets call soviet as a show of economy centrally planned poll appear oh those are the 2 discuss how you would justify this if you believe in those 2 systems i mean of course we have a robber baron system now right we have jeff bezos just turned to a 200 billionaire hes worth 200000000000 the 1st ever to work be worth that much nominally that is because exactly what this person is talking about private equity has already looted a lot of the system and then into that comes all of these huge monopolist that have monopoly pricing. Power and pr ....
Positive open to close out what has been a volatile week plus, more phones, please apple reportedly increasing production of iphone 11 models by 10 the shares are rallying. Also capitalism as we know it, is it dead or how much wealth is too much surprising thoughts from marc benioff and Mark Zuckerberg today. 136 is a good number the Unemployment Rate down to 3. 5. Retail loses 11 k. Manufacturing loses 2 k. Government up 22 this is a number which says to me that the fed can still cut because the sector being stagnant is manufacturing. A lot of that is the fact that the dollar is so strong. It is very interesting, they talked about hey, listen, we have tariffs, dont worry, the dollar is strong and the chinese currency is weak, it makes up for it thats something we have to be thinking about we continue to lose because of the currency so that gives the fed reason ability to ....
A number of arrests 3 months after this protest Movement Began the protesters dont seem to be flagging and neither does the polices determination to suppress the movement and if anything the Police Tactics now hardening. A tropical downpour didnt deter a protest by families of the police they say the protests are taking their toll at a peaceful gathering no some were also critical of the force urging restraint over the use of tear gas and rubber bullets that restraint is now being tested adrian brown al jazeera hong kong. Yemens who think rebels say they fired 10 Ballistic Missiles across the saudi border the groups Spokesman Says they targeted airport the rebels have frequently target the airports but the spokesman said this was the largest attack since the war ....
Austria 73 millimeters there in 3 houses ones under still a significant damp or flash flooding result there over serious potential for hail out of these towns and quite like the lightning that tended to die out and i think the risk during monday still going to be around the alps stretching into austria want to balkan states but its really is launching are free from the risk and further side really cowrite and towards tunisia which was a risk even on sunday that a picture of temperatures is maybe the more critical one for most places 30 to 30 is the high end of normal in europe the for Northern Europe particularly in france in the British Isles such to a thirtys furies were approaching record breaking tariffs certainly in london and that persists into tuesday as well all these oranges and reds a good late heatwave for many in those in europe and the shuttle cars that have died ....