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And for more on this and other Market Movers we are now joined by peter schiff c. E. O. Of Euro Pacific Capital and Todd Bubba Horowitz chief strategist above the trading so lets start off with you it seems like the only way that saudi aramco can sustain its nearly 2 trillion dollars valuation is by artificially buffering it from the Global Markets and offering a sweetener to investors in the form of local banks making loans available for the sole purpose of investing in this i. P. O. So what is the purpose of this anyways they dont need to raise any more money its already the worlds most Prof...

Strike. President trump orders tough new ctions, and facebook marketsets see how closed in the wednesday session here in the u. S. The s p 500 plunged after the fed Rate Decision. It was a rate cut, but it was seen as a hawkish rate cut. We saw the s p 500 losing ground, paring back some of the declines to finish unchanged. U. S. Futures at the moment not doing much. Biggesttocks were the losers in todays session as we had wti losing ground for a second session after the surge we saw monday following attacks on saudi arabia, but crude at the moment coming up higher,. 2 . Still below that 60 a ...

Post nine of the New York Stock Exchange Morgan Brennan has the morning off. Dow session low was about 150. Well start with this rally in tech leading the s p to record closes yesterday these regulatory headlines out of d. C. Not slowing down the momentum out of the valley evaluation partners, early facebook investor, Roger Mcnamee is with us to talk about facebooks print they cant lose. No. What would it take to slow these guys down . To be clear, i think from an investor point of view, theyre delivering exactly what investors want and as long as that goes on, the stock is going to be fine to...

Probably one of the biggest in terms of Enterprise Companies going public during this ipo vintage. We awere here last year for the uber ipo slack today. Well bring you lots of news about it its a different type of listing, its a direct listing well talk about all of the dynamics around that for now, back to you we talked about that direct listing earlier this week. The pros and cons to it again . There are some pros and cons. You can only do it if you have a lot of cash on the Balance Sheet. This is a company that does. If youre trying to raise money, it doesnt work this way theres no addition...

The answer, unfortunately, is the very culprit caught in a u. S. China tugofwar right now. Details on what can boost chinas productivity and whether they could gain access to it september 1st is when drug Price Reductions are set to take effect and one of our guests says it will make the entire largecap pharma space vulnerable and it will hit five names first. We have those details ahead. If thats not enough, dom chu has a look at the market you and i have been up very early and we are still upright right now and kelly, if you look at the board behind me, youll see things havent change a lot f...