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Just might pay off big time. We start with an earnings load on netflix, moving sharply lower in the afterhours session down by more than 10 . Netflix plummeting after it reported a miss on the bottom line in fact, its biggest earnings miss in 16 years netflix also giving far lower than expected guidance for the Third Quarter subscriber editions, forecasting the edition of 2. 5 million new subscribers in the Third Quarter, less than half the number analysts anticipated. As expected, growth is slowing as consumers get through the initial shock of covid and social restrictions. Now the chief cont...

That is a quarter of global infections with california seeing its biggest daily jump yet. When we look at chinas new security law for hong kong and protesters are already changing strategies to steer clear of arrest. First, lets get you a quick check up on how markets are starting this morning. Here is Sophie Kamaruddin in hong kong. Sophie asian stocks are gearing up for modest gains. We are seeing s p eminis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another Energy Company leading the climbs on rio tinto deciding to Halt Opera...

The nasdaq hitting a new record high and amazon shares crossing 3,000 bucks a piece for the first time ever. Shannon, well start with you on this one what the you make of the rally is it legit and why is it happening now given everything we know negatively about the coronavirus virus . Were just continuing to see investors look at the sentiment thats coming out of the surveys and anticipating this continued v shape recovery we have seen the v shape recovery in the stocks already were anticipating a v shape recovery in the economy. I think that really rests on the fact that despite the fact wer...

Starts. That means demand up for Mortgage Applications, supply going up in the future. That follows a remarkable improvement in the outlook for home builders. They are much more optimistic. The housing rebound would give the overall economy a real boost just when it really needs it. Now lets get to the market. Again, look at this. We are going up again, not much, going up at least at the opening bell. The rally continues. The dow up maybe 70. S p, maybe 10. Nasdaq, better gain, up nearly a half percentage point. Thats a 46point gain for the nasdaq. Okay. The fed is printing money. Theres a new...

The who reports the most infections for a single day. Global stocks trade lower as u. S. Futures swing from gains to losses. Bloomberg learns the german lender could cut up to 7000 jobs and shutter 400 branches after its current costcutting measures were called in abject failer failure. And starbucks, pepsico, and biaggi out are the latest pump needs to curtail ad spending on facebook. Pressure on the company to crack down on hate speech shows no signs of slowing down. Just under one hour away from the start of cash equity trading in europe and the u. K. Futures red across the board. In europe...