we have not run tech companies. have learned from the people who do this to go out and do bloom.d let the flowers allow the ecosystem. the ecosystem for great talent, great community and technology, to have that talent pipeline, and have companies that can innovate, make mistakes. all of the companies you named before, they had mistakes. they had failures as well as successes. in then i worked virginia community, they have all of these small -- it is mostly small businesses, and it is the ecosystem you want to create. your tax system. your regulation system. regulation, more regulation, will make it harder to get further. people like steve case are going around lying to the rest. let's create that ecosystem without attacking these companies. , what aboutoman sarah miller's comment, that these large tech companies are prohibiting smaller entrepreneurs from entering the market? barbara: well, i do not see that, but there are companies, and if they come forward, there is antitrust law where they can look at it, and the

are search companies. that's not a monopoly. so you notice they never put the numbers out there, or they create numbers that they don't have, but you can go through each of those spaces and see that there are competitors, whether it is phones or apps or search or ads, and they all have competitors and don't reach that sort of two-thirds or more threshold, and they certainly are not monopolies. i don't think you understand what the word monopoly means when they can call any of these companies who are in a very, very competitive market, which i think they demonstrated by talking about how to compete with each other as well as with smaller companies. everybody is competing with zoom now on stream. that's a good thing. the streaming market, netflix, disney, hulu, that has thrived during the pandemic and i don't think that will change. people don't just get one, they go to morph and it's all the ecosystem that nobody really thought would have more than one or two competitors before now. >> host: former congress

company is the data that works closely with governments, known as a very secretive company.lso talking about that dow reshuffle. we have got salesforce earnings out. what are you seeing? abigail: palantir, such an interesting environment to be coming to the market right now. some are saying that these gains will continue going up. one of our guests this afternoon was saying that this could be the top. salesforce earnings, this is the clear after hours winner. they put up a huge quarter. second-quarter revenue beating. they raised the fiscal year view. on the year, this has been the story as well. s&p 500 up about 40% on the year. not quite as much as some of those other mega cap stocks. but, something that is positive. one form of their revenue, the remaining group, a bit of a forward look. it looks like salesforce in terms of the subscription model, their footstep in the cloud really benefiting them. outlook infull year this environment really kind of incredible. emily: abigail doolittle, thank you so much. palantirecap, officially filing to have a direct listing on the new

are search companies. that is not a monopoly. you notice they never put the numbers out there or they create numbers they don't have but you can go through each other's faces and see their competitors, weather phones, apps, whether it is search, whether it is ads and they all have competitors and don't reach that two thirds or more threshold and they certainly are not monopolies. i don't think they understand what the word monopoly means when they call any of these companies who are in a very, very competitive market which i think they demonstrated by other talking about how they compete with each other as well as smaller companies and everybody is competing with zoom now on streaming and that is a good thing. streaming market netflix, disney, hulu that is ascribed during the pandemic and i don't think that will change. people don't just get one but it's a whole new ecosystem that nobody thought would have one or two competitors before now. >> host: former congresswoman barbara comstock, sarah miller, exec

company is a win-win.he company, microsoft did confirm the conversation between satya nadella and president trump over the weekend on the phone. among other methods microsoft will make sure that all private data is transferred to and remains in the united states that is the concern here from the u.s. government perspective. this is interesting to me now. microsoft already owns the social media platform in linked in more professional oriented it gets into full blown social media. what does that say going after social media it looked like a target of opportunity for microsoft perspective. we have to break up the company or sell it off or do something to stop chinese access to the data it's not likely the u.s. government for antitrust reasons would allow one of the big social media giants to acquire this so microsoft might be the only big buyer out there this is a different acquisition for them they also own mine craft this would give them a minecraft and that's maybe what they'll get but ultimately this is n

secure company a very very american company they set a date of around september 15th at which point it's going to be out of business in the united states but if somebody whether it's microsoft or somebody else buys it that will be interesting i did say that if you buy it whatever the price is that goes to whoever owns it because i guess it's china essentially but more than anything else i said a very substantial portion of the price is going to have to come into the treasury of the united states because we're making it possible for this deal to happen right now they don't have the rights unless we give it to them and the chinese foreign ministry for their part respond to their reports early monday calling out the u.s. for hypocrisy and double standards in the move while claiming this is a violation of key principles of the world trade organization now for more on this let's go ahead and bring in blue bus co-host ben swan and cyber security expert todd shipley who also serves as president of dark intel now ben i want to start off with you here let's kind of it appears that microsoft

of the company midnite i don't think this is good for the u.s. technological breakthrough going forward or right we have some sort of a divide here in the u.s. about about about the case of to talk supporters of trump saying that the man is delivering on a promise he made in the past he's very good at the goetia deals and he thinks that the best deals with china were wrong so he's rewriting the chapter others on the other hand say that the reason why his targeting tick-tock is basically because it's been the platform for many activists. those activists have been very critical of him yeah i mean it's a very interesting situation right there and that's true for every other platform door so facebook the same and so as to adore and so as a whole facebook entity which has got any of your instagram and whatsapp everywhere you find all kinds of people there that's a new as is out entertainment there's fashion there's. lifestyle and so the point is that picked up is not an american company which is why probably trump is not so happy with it you know what

i think that the great companies, the a-plus companies, the companies that have rapid growth, they'realued in the $5 billion range for those companies, this is the perfect size spac. you can also add a pipe on top of that. we have blue chip investors who are supporting our spac andwit the pipe you can expand the size of the deal. you don't want the spac to be too big. then it causes delusion. so this is the perfect size. it's kind of the goldilocks zone for the a-plus companies >> while we have you, i hope you don't mind a couple questions on sports it appears, silver had to make some very bold calls in creating the publ it does look like it's paying off. what do you think so far, at least? >> yeah. well, i am in orlando. i'm in the bubble. other than having to get tested once, devitwice a day, i think fabulous i was part of the sub committee that shaped what this would all look like. kudos to adam and the rest of the nba. it's been successful so far, fingers crossed. >> do you think it equates to a case study for other leagues others have tried different logistic models that look for

those companies are hitting new highs. for other companies it is not so good. if you are on the leisure side, gaming side, there is nothing you can do. people are not congregating. that is where the issues are. things have just changed. ,ntil things get back to normal we have to deal with those issues. for us, trying to take advantage of those opportunities. vonnie: talk about taking advantage. still with a 57% winning percentage. next week you are in orlando. i have to ask you about president trump's comments today. he said that some nba players are frankly nasty and dumb, the nba caters to china, and is a disgrace. any response to the president as a co-owner? marc: the president is allowed to have his opinion. i don't agree with those opinions. i think what we have been doing in the nba has been very good. i think we have a product out there. ratings are going through the roof. i would respectfully disagree with the president's opinion. vonnie: you are going down there next week. bucks'chances? will that have been in part thanks to private equity? marc: i thi

, especially high profile companies, companies that are not very transparent but i think the materialsl outline the risks. and i think it's prudent for an investor to take that into account. but again the focus has to be on the fundamentals in this case just looking at the path to profitability, also thinking about the cash that's on the balance sheet to be able to support the company, kind of going back to the direct listing process. most times when a company goes public through the normal ipo process, capital is raised as well because shares are sold in this sense and direct listings, capital typically isn't raised but there's another hack which is doing a financing prior to the direct listing to kind of have this hybrid approach of being able to raise some capital and then turn around to the direct listing so i think those are some of the fundamentals to look at. another interesting thing which might be the reason that palantir decided to stay private for so long is just the fact that there's a lot of integration and customization that often happens with their work and so i think pa

the company seeks out publicly listed companies that appear outwardly in good health but which in reality a deeply unstable. then they what's call short the stock betting that when the financial truth comes out the share price will tumble so making a healthy profit from muddy waters. muddy waters found a carson blow is what's known as a short seller that is he speculates on the future decline of a company's share price. so a lot of people here are short and they think that you or your bad guy or you're doing something wrong park and walk up like the water is the invest in mom an ounce of next door in your cellar at the hearth and we had from the n.y.s.e. president said this weekend he said that short selling against a company fails kind a making. american been called a lot of nasty names i've been called a financial terrorist i've been called a fraud. why would i. just simba 2019 muddy waters published a damning report into the state of mc's finances it said the middle east hospital chain had grossly understated its debt and overstated its cash. and mc shares plummeted by 48 percent wipin

or urge us his own company. i do not believe mark zuckerberg is doing anything for the country what he is doing is trying to look out for his own interest because obviously tiktaalik is the biggest competitor that he faces right now especially for instagram and what mark zuckerberg needs more than anything right now is for to talk to go away so that he can continue to dominate markets the way that he has in the past including right now rolling now a new item called the real deal on instagram a direct competitor yes to talk you see it and it's just like take toxo well keep following this a lot ben so on and heller for which thank you both for being with us today. well that's it for this time catch boom bust on demand on the brand new portable t.v. app which is available on smartphones and tablets through the play and the apple app store by searching portable t.v. portable t.v. can also be downloaded on newer model phantom's parties as well either of the devices or simply check it out as part of about t.v. we'll s

it's good to have you with us the company behind video sharing platform ted talk is suing the u.s. government over a decision to ban the app in the country chinese owned by dance claims the executive orders by president donald trump are groundless given the firm's data protection measures and that the company has had no chance to be heard by dancers currently in discussions with u.s. companies microsoft and oracle for a sale that would allow tech talk to continue operating in the country. and let's go to our new york our financial correspondent in new york. yes we talked about this case before everything going on around tech talk there's been an unusual amount of involvement from the u.s. presidents including requests for payment should this sale go through to $1.00 of these 2 companies does tick tock have a case before it. it clearly is highly unusual by the way i'm standing in front of district court in brooklyn and not in florida where there are lawsuits actually of was filed here on monday you mentioned this fee this cut that the u.s. president is looking for from this potentia

telecom company and world com the former c.e.o. was sentenced to 25 years in prison investors lost around $150000000000.00. instances of cooking the books a common like it italian dairy giant parmalat the cutbacks following insolvency hit workers heart. attacks parmar world com. all classic cases. the common factor is that the main driver of the scams has a powerful position in the company and is also a major shareholder. the reason. when those 2 combine you can succeed in avoiding certain control mechanisms those mechanisms were probably also structurally underdeveloped but the fraudster can subvert them. he became infamous bernie madoff he was given 150 years in jail for his ponzi scheme more than 4000 investors well why they lost their money. the question for the ethics experts why did they do it i'm going to talk perceived a perceived sense that they can. get away with it bernie made off to he wouldn't have thought it would collapse at some point he did hope to be able to transition from the ponzi scheme to a normal system. and

but this is also a company facing some serious issues. biggest is that the us is coming for huawei in a big way. look, we have met the enemy and it is huawei and it is china. make no doubt about that. right now, huawei, through access to unlimited capital from the chinese communist government, all of this technology, it is built in for cyberspying and cyberespionage, because that is what the chinese do. the problem is that mr ren was once a leader of china's people's liberation army, which has raised concerns about his links to the chinese state. and whether it and huawei may have each other‘s backs. america is adamant that huawei is a pawn of the chinese authorities. in 2017, china passed the national intelligence law, which says that if asked all chinese companies and citizens must help the government to assist national intelligence efforts. china claims this is part of an effort to safeguard its security. but the fear is that if huawei supplies any country's sg network, the chinese could exploit it. in a future where our entire infrast

and another it can be a long chain of say 10 companies before you get to the parent company. the 14 ukrainian delivery drivers have had another setback in their fight to get their pay caius. announced online that they filed for bankruptcy. wraps up our show for more to check out our website data being a dot com slash business we're on facebook and twitter it is for me and the team it's goodbye and take care. to come. after the journalists trust me currently to close it has become a far good cause and so corruption my dear says weakens the country's foreign minister every song he says he hopes to improve his image on how many more secrets to come to school will be possible. 60 minutes. carefully. soon. to be a good. measure. discovered a. little. subscribe to the documentary on you tube. i think is everything challenging i'm making a muslim. school much different culture between here and there so a challenge in court if he claims. to be childless i think it was worth it for me to come to germany. months ago my license to work as a swimming instructor here to share knowledge to

tech companies? rep.urd: i can't say i have a detailed, nuanced understanding of these individual investigations, the nuance there. but i think one of the conversations we should have is, how are we creating an environment to increase competition? i don't know if those entities are focused on that. how are we making sure -- and again, this is not within judiciary or doj's behavior -- but how do we produce more american students that are conversant in ai and quantum? how do we improve that workforce so we have a talented pool of people that can then be drawn upon in order to be competitors? so my tactic would be, how do you create an environment to increase competition? again, what the focus of those investigations are, i haven't been briefed on the latest status from the. , youngressman hurd have talked about the need for a more holistic approach when it comes to cybersecurity. and knowing some of the bad actors in this arena, where does alexion's security for into this? rep. hurd: sure. look, alexion sec

private companies like tech companies, alibaba, tencent.n most traditional businesses, is soe's doing better. haidi: what about the consumer sector? we see the strength of the chinese recovery really dependent on the revival of the chinese consumer and all of that will be domestically focused now, right, with travel restrictions and borders continuing to be closed? what are some of the names other than duty-free retail you expect to benefit? jenny: sure. for consumer centers, i'm looking at small household appliances and china domestic cosmetic brands. education is basically targeting students aged from 15 to 21 and we expect the population of this age group to increase rapidly from 2020. in china, which will help to enlarge the number of prospective students. china industry operating will be to increasing demand for skilled labor and a large gap between supply and demand as skilled workers increase the salary level, attracting more people. the final reason is government policy driving the growth. the second topic i'm looking at is househol

with all the baba china has a stablish one of the 1st make a platform companies in the world the company is present in all areas of life customers can make payments with all the paid. for. while they shop on the sales platform team all for auction things i'm told by the chinese. they can find their way using a map. or have groceries delivered with element. valley cloud owns huge storage farms the internet's infrastructure and ali baba pictures produces in markets hollywood movies and that's just a little slice of the fast ali baba universe. the british technology expert jamie bartlett observes a similar trend taking shape on u.s. based platforms. going on facebook in the same ones you always hear. no longer are just search engine platforms or social media platforms or video sharing platforms they increasingly will branch out into other areas amazon is no longer just a seller of products it's also a provider of all sorts of mazing webspace the most highly valued companies in the world have long been platform businesses the top ranks are occupied solely by american and chinese companies mi

company. we are talking about a multi-billion dollar company right now. i don't even know what the market cap is today. $15 billion, $20 billion. the financials are completely fraudulent. this could never fly in the united states. it's a direct affront to u.s. investors, to our markets, and this is the exact type of thing the securities and exchange commission and the white house should be doing. liz: have you been there? this is a serious charge. it's based in beijing. have you -- i mean, go ahead. >> it's not just me. there's around ten different you could call them short sellers, market commentators, who have deep dive information. if you go to the site that's been put up, gsx stock fraud, it shows undeniable information, facts, the company is committing fraud. if it was in the united states, it wouldn't even be trading right now. so the fact they are able to export companies to us, use our markets for liquidity, allow their businessmen to become billionaires, and have no legal recourse, th

companies dike darden will survive this storm in 2021 and 22, companies like darden will benefit. they've held up well they've maintained curb side and takeout. it will be interesting >> and your final pick is really interesting. thinking about things you are not allowed to do. going to a stadium for a sporting event sysco provides food and food service. something we can't do. this is really out of the box thinking >> sysco with an s, building in free cash flow building each year no one is going to a stadium very few are returning to universities and settings of that nature when things return to darden and las vegas sands with the sector, a smaller play, they will look to see another day. that looks right and will continue to progress >> likethe names darden, las vegas sands, sysco thank god not the faang stocks take care, when we come back when no profit is a good thing for one real estate stock. your mystery chart, who is that? i have no idea >> a huge name in food delivery, not enough to whet the appetite. we'll show you their massive losses >>> more on the white house move to

there and some of these companies.d. past the school bus era, jack, of course, it's college time. and you see a real reckoning for the college industry, the four-year college industry as a result of this crisis. >> yeah. i mean, if you missed freshman orientation this year, i can tell you that the dining hall and the recreation center -- [inaudible] because of the pandemic. i think that's really driving home when you take away all the extras and look at just the course information, i think it's causing families to think carefully about what they're paying. schools like harvard, they're not giving a price break at all, it's almost $50,000 a year even without room and board, and prices have been is spiraling out of control for decades. i spoke with a finance professor at nyu and a real expert if on valuations. he says there's a reckoning coming right now while people are paying attention to this. he said the harvards of the world might be okay, but some of these less prestigious colleges will suffer. if a kid came in and

they are the company that traditionally were the local phone companies that had to resolve and it resolved very quickly to become a broadband provider so they truly are the ones and a lot of the areas across the country and serving about 35% of our landmass. >> host: could you name a couple of those companies to help us get familiar? >> guest: absolutely. we could go all the way to western south dakota by mount rushmore to visit golden west and we could go to citizens on the mississippi river up in wisconsin where we got cooperatives and if you are in my state of virginia we've got scott county down in the very tip of the state serving the tri-state area so i've got 850. >> host: when you talk about landmass you not talking landmass or population at all. >> guest: peter, you hit upon the key part of this. it's about 5% of the american population but they are truly the providers in this extremely rural part of the country and everywhere from alaska down to the panhandle of florida so they stretched all across and it got everybody from someone who is got about 150 subscribers to probably my

biden plan fores silicon valley companies?a: tech companies can expect to pay higher taxes across the board. in the u.s., that corporate tax rate will go up from 21% to 28%. there is also this additional tax that if you have a lot of research and development tax things or depreciation, that companies, particularly amazon and netflix, have been adept at using, he says you can't do that anymore. you have to pay a 15% minimum tax rate on your u.s. profits. also, overseas profits, right now you can pay as little as 0%. in some cases, you are paying irish tax rate. basically the same as right now earnings profits in the u.s. across the board, tech companies would pay significant and more on corporate profits. emily: compare biden to trump. broadly, whose taxes go up if biden wins and whose go down? laura: trump has been less specific about what he would do. presumably, he would keep his tax plan. he talked about some tax cuts for the middle class as well as tax benefits for companies who bring jobs back on shore as well as tariffs

the company is he has set people in place but there are still fifedoms within that company.e helped alan knock knows down. it would not be uncommon that people would say i've been here for x number of years and so-and-so says that's okay that changed under alan and you really started to think that ford was a company that was going to be much quicker when it came to rolling out products, rolling out technology, but then it stopped under mark fields the big challenge for ford has been and remains how do you take this company that's been around for more than 100 years and has these fifedoms within a huge company that has been there for decades, how do you break those down at the end of the day that's going to be the real challenge for jim farley, too. he's been there since 2007, you are with a company for that long you understand where those fifedoms are at. >> phil, thank you for that. top of the hour news on ford, we will continue to monitor it. phil lebeau in chicago. >>> jim, that's three ceo changes in the last 48 hours. >> yes pretty amazing i have to tell you i like farl

allied companies.ting what we're doing with dish. >> all right i'm going to ask you to define terms for me deeper into the press release you say vmware cloud provides an extraction layer and enables dish to leverage hyper scale public cloud capacity while needed while maintaining the core control points. what does it mean? >> a mouthful there. well, first, it's the idea of the operating system that we're providing. and that connects to all the hyper scalers, amazon, and vmware enables the connection. it enables the hyper scalers all done in an industry standard software approach and enabling a wide range of applications to sit on of them it. we're no longer constrained to the vertical constraints it's a wide eco system if the vmware environment enables the software, the shrill c silicon and cloud, these are areas of u.s. strength it's exciting to see the approach with a highly automated green field environment with our partners at dish very excited >> yeah. a lot of people wonder how quickly dish will

company? >> congresswoman, not that i would -- not that i recall. >> and i would like to remind you that you are under oath and there are quotes from facebook's own documents. prior to acquiring instagram, facebook began developing a similar product called facebook camera, correct? >> congresswoman, that's correct. i've said multiple times that we -- we're competing in the space of building mobile cameras with instagram. that's what they need at the time. they're set was companies like what we were building with facebook camera and vsco cam -- >> thank you, mr. zuckerberg. did you ever use this very similar facebook camera product to threaten instagram's founder? >> congresswoman, i'm not sure what you mean by threaten. we were building a camera app at the time. that was a well-documented thing. >> let me tell you that -- in a chat you said that facebook was, quote, developing our own photo strategy so how we engage now will also determine how much we're partners versus competitors down the li

companies now when we take a look at the companies specifically that are involved in those deals they include general electric honeywell international stellar energy chevron corp and baker hughes and in a statement washington's energy secretary referred to the deals as a key to a rock's energy future so it's interesting to see how not only is this alliance here but the u.s. is also directly benefiting it really is but why why is the timing now what about the timing of this is particularly interesting when we also have to remember that all of the ways the new energy deals helped to benefit the u.s. and its allies they also hurt her on and that has been one of the main focuses specifically from the trumping ministration you know we've seen the way that they worked. other countries where they take a specific target or a specific enemy or rival point them out and then want all of their allies to give us far away from them as possible you know we saw this play out with china and with wall way where the us blacklisted wall way and then told all of its allies to cut all ties and even accused

ban on the company and forcing the sale to a u.s. company.n theainst the backdrop wall street journal today that facebook ceo mark zuckerberg sounded the alarm about chinese tech companies and tiktok in particular to president trump in a private dinner. with more on that, david kirkpatrick, or contribute to editor and author of "the facebook effect," is joining us. interesting to note that zuckerberg potentially stopped concerns about -- potentially stoked concerns about tiktok. david: zuckerberg is clearly very concerned about tiktok and he has been for a long time because it is the most genuine new competition he has received for a long time in the united states. busy as of continues to grow. i think what is interesting is that he has made conflicting statements about what he really wants. the wall street journal today reported that particularly in meetings with senators, he specifically was advocating a , based on the idea that it was a national security threat and also that it was just unfair that facebook should be banned from china but

your companies are large. that's not a problem. your companies are successful. that's not a problem either. but i want to leave here today with a more complete picture of how your individual companies use your size, success and power and what it means to the american consumer. i yield back the balance of my time. >> thank the gentlemen. the chair now recognizes the distinguished chairman of the full committee, mr. nadler, for his opening statement. >> thank you, mr. chairman. i want to thank you and the subcommittee members for the tremendous effort that you have all put into the subcommittee's investigation. i appreciate your quell icallin this hearing today so that we can hear directly from the leersd of amazon, apple, facebook and google l and i look forward to an important dialogue. today, it is effectively impossible to use the internet without using in one way or another, the services of these four companies. i have long believed with thomas jefferson and lewis brandice, that concentration of power in any form, especially concentration of economic or polit

is not an apparel company but hiking and outdoor recreational company. thank you so much for coming on "mad money". >> thanks, jim. >> that's tim boil ceo and chairman this is bottomed and they have some great technical stuff that's coming. the world is an oyster at this point. "mad money" is back after this and can't wait until you are too. universal orlando resort. buy now and get two days free at the parks. restrictions apply. that selling carsarvana, 100% online wouldn't work. but we went to work. building an experience that lets you shop over 17,000 cars from home. creating a coast to coast network to deliver your car as soon as tomorrow. recruiting an army of customer advocates to make your experience incredible. and putting you in control of the whole thing with powerful technology. that's why we've become the nation's fastest growing retailer. because our customers love it. see for yourself, at carvana.com. >>> it is time, it is time for the lightning round. buy, buy, buy, sell, sell, sell and then the lightenining round over are you ready ski da

that'd be a houge coup for a company.o other company can compete with them except for maybe verizon. honestly, anyone who can afford it should be going after tiktok. believe me, i would have i could put together a consortium, but i get it goes under microsoft because it isn't under scrutiny like amazon, facebook, or apple. right now the white house seems to favor microsoft's low-ball bid, i don't know. 13, nvidia is more of a rebound play i've heard rumors that they might pay billions of dollars, a semiconductor design company with a ton of apple exposure i have so much confidence in their ceo that i'm good either way. if he decides not to buy, same thing. he's more than earned the benefit. plus, nvidia is a huge beneficiary of their stay-at-home economy because of their gaming exposure. how about the 14th beyond meat this was already in costco which reports monthly numbers on wednesday. but their plant-based burgers were just picked up by b jim cramer -- j's and sam's club if you get more people to buy the product, if yo

companies investing in north korean 2 rather than russian companies. political correspondent. thank you. german biotech firm cure of ag is aiming to raise up to $245000000.00 in an initial public offering in the united states the company is planning to use the cash to finance the development of a covert 19 vaccine which it hopes to have market ready by the middle of next year as vaccine as one of $165.00 currently in development around the world cure vagas hoping to show it can produce one that works at lower doses than those of its competitors. let's get more from our financial correspondent on a device in frankfurt i meant to the whole world is baby waiting for a covert 19 vaccine there are several factors we have to take into account here success is not guaranteed by all means it is quite a risky business so will this be a successful i.p.o. them. while there were main city seeing whether it's going to be successful but the company seems to be quite successful it's one of $26.00 companies word wide who is testing their vaccines on humans already and we're expecting a 1st res

both companies carry out a stock split. let's go worldwide right now julianna has more. >> great to see you. a strong start we have the french market up 1.1% the german market up .8% you don't see the ftse 100 up here the u.k. market is closed for a summer bank holiday. it's been a strong one as well but europe has been underperforming the u.s. coming into today, up 3.5% for the month. the dax lead the way higher up 5.8% coming into today it's been up about 1%. let's get a closer look at the dax. you can see how the majority of stocks are trading just a few exceptions trading below the flat line today. and nestle, the company in focus this morning announced it will be looking to buyoutstanding shares they're looking to buy the remaining 74% of the california based company as it looks to expand it's health sciences portfolio. and trading a little bit firmer this morning up 0.8% the outbreak hits a new milestone. >> good morning. >> the total number around the world surpassed 25 million it's according today at a from johns ho