Nightly Business Report

There’s a ton of selling going on today, from stocks to Bitcoin and many, many commodities. With the Fed’s rate decision also on deck, we’ll tell you all you need to know and why. Plus, options, short sellers and Internet message boards are creating some of the wildest stock moves ever. We’ll explore. And, some heavy hitters report earnings after the bell, including Apple & Tesla. We’ll preview both, and tell you how to play them.

Stocks are hitting new all-time highs with nearly every sector represented today, from Microsoft to Etsy and more. Are we looking at a frothy market, or are earnings justifying these sky-high levels? We’ll ask Neil Hennessy of Hennessy Funds. Plus, Alaska Air just posted a quarterly loss, but says it sees signs of brighter days ahead. We’ll speak exclusively with the CEO. And, the latest consumer confidence report is sending a strong message to the housing market. We’ll explain why, and what’s ahead.

The busiest week of earnings season is underway, and we’re seeing an anomaly develop: beat & drop, or miss & rally. We’ll explore. Plus, we’ll take a close look at pipe financing, an under-the-radar trend that’s helping fuel the recent SPAC boom. And, in today’s Rapid Fire: the most compelling story in retail, a Super Bowl ad shakeup and podcast-palooza.

President Biden is expected to sign an executive order today aimed at promoting a $15 Federal minimum wage.We’ll take a close look at the numbers, and debate whether or not it will create progress if it becomes a reality.Plus, trading volumes are through the roof…and it’s not just equities. What’s fueling this high level of engagement? We’ll explore.  And, Michigan has officially made mobile gaming legal. We’ll speak exclusively with the CEO of Penn National Gaming to discuss the future of the industry.  

“Casino mentality”…”carried away”…and “extreme euphoria.” Those are just some of the words two famed investors used to describe the market today. As earnings season kicks into high gear, will they be proven right, or will the numbers justify the multiples? We’ll debate. Plus, investors are piling into one area of the market at the fastest pace in a decade. We’ll tell you what it is, and if you should buy in. And, in today’s Rapid Fire: a moment of truth for Intel, Wall Street goes gaga for Google and an e-commerce boom for Baby Boomers.

There’s a triple play of big news to kick off the trading week, including Biden’s inauguration, Janet Yellen’s tough message on stimulus and lots of earnings calls. We’ll discuss the key points you should keep an eye on, and detail the opportunity sectors for 2021 and beyond. Plus, the banks are posting a big rally ahead of earnings results. So why do investors seem unimpressed? We’ll debate. And, in today’s Rapid Fire: the first of the FANGs reports, “revenge spending” in China and what investors think is the biggest “bubble” right now.

The Fed has been tasked with a delicate balancing act, navigating inflation, deficits, stimulus and much more. But can it handle the job when $7 trillion in taxpayer dollars are on the line? We’ll discuss with Boston Fed President Eric Rosengren. Plus, a new survey found 63% of homebuyers made an offer sight unseen in 2020. We’ll explore the red-hot housing market with Redfin’s chief economist. And, President-Elect Joe Biden’s stimulus plan includes a ton of money for cybersecurity initiatives. Who stands to benefit most? We’ll discuss with Dan Ives of Wedbush.

Impeachment, rising rates, surging virus cases and high unemployment…and the market still isn’t slowing down. And Bitcoin is headed higher again after tanking earlier in the week. We’ll talk all of that and more with Guggenheim’s Scott Minerd. Plus, new data shows millions of Americans are pulling money out of their retirement funds. But what are they doing with it? We’ll explore. And, the FAA just issued a special order to deal with unruly flyers in the wake of last week’s riots on Capitol Hill. We’ll give you all the details.

Rising inflation is the topic of the day, as commodity prices have begun to soar seemingly out of nowhere. Does this put the Fed between a rock and a RATE place? We’ll debate with our market experts. Plus, the House is debating a second set of impeachment proceedings against President Trump. But will the senate go along? We’ll explore. And, in today’s Rapid Fire: the first big IPO of the year delivers, Intel’s swan song and Airbnb is doing something that may surprise you.

Interest rates are on the move, hitting their highest level in nearly a year. Could this supertanker swing sink stocks? Our market experts debate, and tell you all you need to know. Plus, the energy sector is soaring, leading the market again as oil rallies. How can investors buy in? We’ll explore. And, Plug Power shares have surged 80% this year, and are higher today on a big new deal. We’ll talk to the CEO.

Lines are already being drawn around what the next relief bill should or shouldn’t include.We’ll bring you the latest details from DC, including why you shouldn’t expect that $2,000 stimulus check anytime soon.Plus, we’ll explore why some critics are praising social media platforms for banning President Trump, while others say they’re the problem.And, Bitcoin goes bust, down more than $6,000 today. We’ll discuss why some retail investors need to tread very carefully here. 

The Bitcoin Boom continues, with the cryptocurrency surging to all-time highs over $41,000 today.Famed value investor Bill Miller, an early bettor on Bitcoin, joins for an exclusive interview to discuss crypto, crude and more.Plus, former FDIC Chair Sheila Bair called the Fed’s corporate debt relief “an economic dud” in a new op-ed. She joins to explain why.And, we’ll explore the disconnect between soaring stocks and the individual investor, and whether or not you should pull back now.

Congress ultimately confirmed Joe Biden’s election as President, after being disrupted for hours by unprecedented violence & riots yesterday.President Trump vowed an “orderly transition” in a statement, though some top lawmakers are still calling for his removal from office today.And Democrats are set to control all three chambers of government after winning both Senate seats in the Georgia runoff.We’ll bring you the latest details, including analysis from our team of experts on all the angles: policy, economics and the markets.

Investors are watching the political landscape closely, with a close eye on events today in Washington.As votes are being counted on Capitol Hill and in Georgia, we’ll explore why the markets are already jumping to conclusions about a “Blue Wave.”Plus, the COVID-19 vaccine rollout is going much slower than expected. We’ll discuss the holdup and the key reasons behind it. And, nearly $300 billion in fresh PPP funding is set to become available soon. We’ll explain why some small businesses still have concerns.  

Investors are anxiously awaiting the results of the Georgia Senate race.The outcome could impact everything from tech to energy stocks and more. We’ll break it all down.Plus, Morgan Stanley says the Fed will announce tapering this year. Could that lead to a ‘taper tantrum’ like it did back in 2013? We’ll explore.And, one expert says Bitcoin’s rally isn’t a repeat of 2017, in part because of the big money entering the game. He’ll join us to explain.

In the span of just a few hours, the stock market went from the “Everything Rally” to the “Everything Selloff.”With the Dow on pace for its worst first trading day of the year since 1932, should investors expect gloom ahead in 2021? We’ll debate.Plus, this is a make-or-break year for the travel sector as people try to get back to a sense of normalcy. But what are the top plays? We’ll explore.And, money keeps pouring into Georgia amid one of the most consequential senate races in years. We’ll look at where we stand. 

Virus cases continue surging across the country, as the U.S. hits new records for hospitalizations and daily deaths.We’ll bring you the latest updates, and explain how COVID-19 could impact the stock market as it hovers near record highs.Plus, we’ll speak to a company trying to break through vaccine bottlenecks using supply chain solutions.And, craft distillers lost $700 million in sales during the pandemic, but Michter’s Distillery still finished 2020 in the green.We’ll talk to its President about help it got from the e-commerce boom, and why the latest stimulus bill was a shot in the arm.

When Facebook and Honeywell shares are trading at the same lofty valuation, could the market be out of whack?We’ll debate, and take a closer look at whether or not stocks are getting too pricey here.Plus, individual investors jumped head-first into the market this year. We’ll discuss their influence and who benefits the most.And, Dan Yergin of IHS Markit explains why he thinks crude is trapped in “virus alley,” and why it could remain there next year too. 

Stocks are pulling back, but only after hitting record highs once again.Can more stimulus help keep the gains coming in 2021, or is that unnecessary now? We’ll debate.Plus, “The Profit” host Marcus Lemonis joins us to talk the consumer, the next round of PPP and his “Streets of Dreams.”And, in today’s Rapid Fire: Amazon scores with the NFL, streamers get a holiday download boost and a big investor goes after Intel.  

Stocks climbing higher after President Trump signed another round of stimulus, one strategist reveals the names she’s snapping up with just four trading days left in 2020. Beijing moving to regulate Jack Ma’s Ant Group and launching an investigation into Alibaba…why big tech in China should be concerned. Plus, it’s not just suburbs seeing a surge in homebuying…we get a look at the other, often-overlooked, hot real estate market.