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Shares of pharmacy giants are under pressure after amazon said it was jumping into the Prescription Drug business bowe is off a little pour than 100 points nasdaq and s p clinging on the gains. Coming on todays show, retail earnings season full swing. Shares of coles are higher after topping eps estimates this morning. We will talk with the ceo. Plus, as the u. S. Is seth coronavirus records we will talk with dr. Eric gooseby. All of that still to come. First lets focus on the big stories today. Mike santoli is tracking the market phil lebeau has more on teslas spree into the s p 500 and we will talk about the pharmacy space and amendss move into it. Mike santoli lets start with you. It was the morning was off the lows a mild pullback. Market seemed like it needed to cool off and rest for a day. Right now riding the upper rail here we close at a record yesterday remember that. Above 3600 working below week ago mondays high hard ....
Country out of its worst economic slump in decades. The deadline draws near for tiktok to divest it u. S. Assets, reports a shutdown of its priced app for sale. We have breaking news. Oftbank will be selling this as bloomberg learned softbank was trying to strike this deal that could be valuing it at 40 billion. Arm, weis deal to sell could have seen softbank reviving those stocks about taking the group privates. We are hearing that softbank divisionelling its arm to nvidia. This would be a 40 billion deal, the biggest chip deal to date. The transaction value is up to 40 billion. Nvidia could be paying more than 21 billion in stock and 12 billion in cash. This would be a 2 billion payment as signing. This coming at a time as we continue to see softbank divest its assets. Softbank could be receiving an additional 5 billion of cache if the performance meets certain targets. This also depends on what regulatory scrutiny they go through. This could be the largest ever in the semiconductor ....
11 30 eastern this morning. That vote series will include the first test for the latest republican Coronavirus Relief bill 60 votes will be needed to advance the measure. Live to the u. S. Floor of the senate here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will ms. Smith open the senate with prayer. The chaplain let us pray. O god, who sits on a lofty throne, we acknowledge your sovereignty over our nation and world. Keep us from becoming so desensitized to falsehood that we abort your plan for our lives. Lord, we are unworthy to approach your throne, for we are merely sinners, saved by your loving grace. Remove our guilt and forgive our sins. May we respond to your forgiveness by obeying your command for us to pray for our nation. Lord, use our senators today as messengers of truth, unity, and peace. Inspire them to stand for right, regardless of the consequences. We pray in y ....