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Aug 6, 2020
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we'll talk to jay farner and just in joining him we will have founder dan gilbert.is the first time we'll be talking to dan gilbert since the stroke he had last year. big day for the company. we'll get his plans about what's happening, why he's doing this and where he thinks it will head from here. that conversation is comg inup at 8:40 a.m. eastern time. "squawk box" will be right back. when the world gets complicated, a lot goes through your mind. with fidelity wealth management, your dedicated adviser can give you straightforward advice and tailored recommendations. that's the clarity you get with fidelity wealth management. >>> still to come on "squawk box" this morning, small business funding the battle over so-called zombie companies and the issues facing small business we'll discuss all of it with operation hope ceo john hope bryant and kevin o'leary senator ron johnson will be here unemployment proposal. take a look at futures as we look towards the day on wall street see if the nasdaq can close above 10,000 for the first time ever has work to do we will be
we'll talk to jay farner and just in joining him we will have founder dan gilbert.is the first time we'll be talking to dan gilbert since the stroke he had last year. big day for the company. we'll get his plans about what's happening, why he's doing this and where he thinks it will head from here. that conversation is comg inup at 8:40 a.m. eastern time. "squawk box" will be right back. when the world gets complicated, a lot goes through your mind. with fidelity wealth management,...
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jay farner of rocket companies on the debut day of the stock. rocket's not the only stock popping in this final hour. we want to get you a couple here. here's one that's jumping up off the barstool. penn national gaming, soaring on quarterly revenue beats plus its launch of the barstool sports book betting app is on track for the third quarter. penn is up 12.8% right now. and its rival is also betting on positive moves here, up 3.33%. but we've got this fox business alert, folks. check the clock right now. we are 52 minutes away from the deadline for players in the nfl to opt out of the season due to covid-19. 4:00 p.m. eastern. less than an hour from now. we are checking parent of fox business, which airs sunday nfl games and cbs network parent via come cbs which is set to air super bowl 2021. both stocks completing passes at this hour. now, while live sports events have started, albeit with no fans, the ban of large gatherings is hammering concert stocks. live event promoters i-heart media and live nation are both lower right now with i-heart
jay farner of rocket companies on the debut day of the stock. rocket's not the only stock popping in this final hour. we want to get you a couple here. here's one that's jumping up off the barstool. penn national gaming, soaring on quarterly revenue beats plus its launch of the barstool sports book betting app is on track for the third quarter. penn is up 12.8% right now. and its rival is also betting on positive moves here, up 3.33%. but we've got this fox business alert, folks. check the...
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Aug 6, 2020
08/20
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don't miss rocket company's ceo jay farner you know him from the commercials.an talk to them about their headquarters >>> we'll reveal what is on track to be this quarter's best investment it is not stocks or a stock. an asset class what is that l is your rbi that shalbe unveiled next. >>> it is time for your morning rbi. you know stocks have been read hot. many things have been rising recently primarily millions on stimulus and work on a vaccine. do you know what the best asset has been this month and this quarter? >> the nasdaq? gold no bitcoin. up more than 6% this month nearly triple the nasdaq doubling gold's gains. bitcoin getting back on investors radar in a big way nearing 12,000 random but profitable for some, i guess. >>> back now to the broader markets and what has been an unstoppable stock. continuing to amaze. yesterday, the nasdaq peeking its head above 10,000. let's get to shawn amazing. i read that in the same sentence stocks are making records but cash levels are making records how can both things be true? >> i guess you could ask the same ques
don't miss rocket company's ceo jay farner you know him from the commercials.an talk to them about their headquarters >>> we'll reveal what is on track to be this quarter's best investment it is not stocks or a stock. an asset class what is that l is your rbi that shalbe unveiled next. >>> it is time for your morning rbi. you know stocks have been read hot. many things have been rising recently primarily millions on stimulus and work on a vaccine. do you know what the best...
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Aug 6, 2020
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we just spoke to jay farner of rocket companies let's check in on how it's doing in its initial tradesg at oak street health and carl, it's been quite a busy time for ipos you have to wonder if this is increasing the appetite for some of the big guys later this year like door dash and air bnb both of which have said or i've heard from sources are not off the table this year. >> yeah. interesting especially rocket. it got a lot of buzz that the pricing wasn't as impressive as some had hoped stock did bounce on that but maybe some realization there's more of value play in that long term >> that was great question and not necessarily one you expect from a company trying to look like a tech company. there is another ipo and that's oak street health making its public debut we're awaiting the first trade we're joined by the company ceo. thanks for being with us this morning. >> no problem. i'm used to that thanks for having me >> me too. i should be better at it i wanted to get your thought ons the big acquisition of this week what does it tell you about the future of health care and your st
we just spoke to jay farner of rocket companies let's check in on how it's doing in its initial tradesg at oak street health and carl, it's been quite a busy time for ipos you have to wonder if this is increasing the appetite for some of the big guys later this year like door dash and air bnb both of which have said or i've heard from sources are not off the table this year. >> yeah. interesting especially rocket. it got a lot of buzz that the pricing wasn't as impressive as some had...