Falling back boeing is providing an advance for the dow inlyft customers cancelling orders this year in light of the pandemic. It is up 5 as we speak, 59 minutes left on this session coming up, kyle bass will be with us to talk about the Election Results and how president elect biden will navigate americas complicated relationship with china. Plus an interview you will not want to miss we will hear from carlos ghosn whose scrape from japan to lebanon Drew International attention. We will hear his side of the story,i his thoughts on what will happen to his former colleague and the men who helped him pull off his escape. Lets get straight to thesters we are watching mike santoli tracking the Market Action josh lip ton with the highlights from todays afternoon apple evenly joining us to talk about apple and the broader tech selloff is dan ives mike santoli tell bus the trend. Into value out of growth, into small out of large, and really out of defensive into cyclical thats been the team t
All right, welcome everybody to power lunch. Kevin is with us dominic too. Welcome, dom good to see you. Here is whats on tap. Stocks are at session highs right now after four weeks of losses the dow is up 500 points both the dow and s p on track for their biggest two day gains since june high stakes stimulus how Speaker Pelosi says she thinks, think, republicans and democrats can get a deal done before the election and tom lee says thats just one reason to buy stocks he will join us very shortly later, which president ial candidate could be better for the economy and the markets . Moodys is out with a new report that takes a look at those questions investors need to know power lunch starts right now welcome to power lunch. Looks look at the bigger wins today. You have fedex leading the industrials over at Deutsche Bank raising target price to 318 a share both those stocks up around 2 Virgin Galactic getting two more buy recommendations. Eight wall street analysts say the same thing bu
They reached the deal if everything is meant that Safety Measures are in place that theres no spike in Health Indicators like coronavirus cases then they can resume full operations as early as next week. This all started when Ceo Tesla Elon musk he was very frustrated with shelter in place hes been politicking for a while now to get his tesla factory up and running again and that did not happen which is why last saturday actually filed a lawsuit in federal court saying shelter in place was unconstitutional and then on monday he openly told the world through a tweet that he planned to defy shelter in place and get the employees back to work and sure enough we were here yesterday when we saw so many people coming and going from the tesla facility. He even said if arrests were made he would be on the Assembly Line and do not arrest as employees. But arrest him ultimately no one was arrested they all work things out. And again Alameda County says if they meet everything that theyre looking
Championship on monday i am Carl Quintanilla with jim cramer and david faber earnings season kicks off. Davos. We begin with shutdown day three. Future points to a lower open. Plus, as carl says, it is merger monday. Drug maker sanefy has a great deal the eagles and tre set to face w england, patriots. Destiny verses dynasty obviously, it was remarkable kind of karma game once again. You could not hear a thing in the stadium. I could not hear my wife next to me a lot of that is the people are just nuts we are tired of it the town has always been an eagle town we are thrilled. The patriots have a lot of work the do they came back pretty well and dont want to dominate the discussion because i know we have a lot to talk about nick foles was our weakest and he was our strength. It is exciting to be a big fan. Carl and i are jealous, hes been there recently as a denver fan and a near jets fan, not so much well, we never won. I think we won 1960 but that was presuper bowl. Right we waited a
That will happen. It will be an issue for some time. We are here at the fremont station this morning. People are trying to get on the train right now could be running a bit behind schedule. There are significant delays this morning about the fremont warm springs line. This is what it looks like at the fremont station. This is a video we shot early this morning this happened at around 3 20 am. No one was hurt in this accident but a truck that is designed to drive along the tracks derailed this morning. There was damage that was done to the third rail. And the cover to the third rail. Crews at the scene are doing two things, they are working to remove the maintenance truck and working to do repairs to all of the damaged equipment. In the meantime, train for single tracking to the area. They have to slow down as they come upon the south hayward bart station and proceed with caution through the area. That is slowing things down this morning and leading to delays. This could be an issue for