jack: mike bloomberg could figure out how to get you a soda. carlton, you're looking look atl patch. >> yeah, marathon petroleum has been on barron's radar for some time. we saw the reopening play, also news it's looking to sell off its speedsway division, also talking about doing a pinoff. either way, we could see that stock going to 50 at some point. jack: that's a refiner, not quite reliant on oil prices. ben, what do you have for us? >> biotech stocks, they've been sort of stuck in place for the last six weeks after having a really nice rally off the low in march. they are looking like they're setting up for another leg higher. i think they look great. jack: had a nice pop on friday. to read more, check out this week's edition at barron's.com. don't forget to follow us on twitter, that is all for us. wear that a mask, see you next week ♪ >> from the fox studios in new york city, this is maria bartiromo's "wall street. '. maria: happy weekend, everyone. welcome to the program that an loses the week that was and helps position you for the w

my colleagues, ben levisohn, carlton english and jack howe. so, ben, according to lpl, the market had its best 50-day streak in all of history, and that was before friday's 800-point jump. is this all about jobs? what's going on? >> yeah, i mean, the market certainly sniffed out something, something big happening, and it really, i think, was shown in this jobs report. 2.5 million jobs were created last month, and to show just how crazy that number is, the most optimistic economy who was surveyed expected a job loss of 800,000. i mean, it's just an enormous dishes, and this is -- difference, and this is fantastic news showing that the recovery from the coronavirus shutdown is going faster than anybody really expected except for maybe the stock market. [laughter] jack: so as investors, with we a always want to think about risks, right? there could be a second wave of pandemic, we still have three times as many people collecting unemployment insurance as we did at the peak of the great recession. there has been blood on the streets, it could get

jack: you made an interesting comment to my colleague jack howe where you said anyone running a business had better focus on becoming the amazon of their industry or else amazon might become the amazon of their industry. what did you mean by that? >> well, you know, it's not just -- the big transition we're going through in the world isn't from a technology perspective, it's not just cloud, not just companies using things that are hosted in the cloud versus their own software and hardware. there's another very important -- relate but distinct trend, and that is every industry is being digitized. it's being moved online. it's being moved to devices, and in our consumer labs we see this all the time, but it's happening to every company. every company has to connect directly and in a digital way with a web site or a mobile app to their customers, and it's a huge transition. and there's upstarts, whether it's amazon or others, that are focused on this digital economy and making sure that they want to be the best at that. jack: so you're clearly part of that movement in helping them do that,

jack: how you doing, marcus? i'm jack. lemonis: jack, how are you? nice to meet you. jack: really nice to meet you, as well. lemonis: hey! [ claps hands ] how you doing, buddy? so you really are in the shop. damion: i told you. lemonis: i didn't know you guys were out in the middle of nowhere. damion: this is four acres of almonds. -lemonis: an almond farm? -damion: yeah. it's not really a livable space. we have to drive a mile down the road to use the restroom every day. lemonis: in order to start a business, you got to have some basic things. you got to have money in the bank. you should probably have a business plan. you should probably have a bathroom. maybe i should add that to the three p's -- people, process, product, and how about we add potty? what machinery are you using? damion: we just have standard table saws, standard planers. we did it on a budget. this is the most basic tools you can buy. it's pretty difficult to work in here. it's hot, there's no air-conditioning, there's no ventilation, and the space, we're pretty limited. i mean, we had a big delive

jack howe. the fed has been sometimes blamed for propping up the market, but it looks like friday's selloff may have been in part due to what the fed was saying and doing. >> that's right. i think the fed made a mistake. they released the results of their a bank stress tests, and at first they looked just fine. the dividends were capped for the third quarter, but that wasn't much of a surprise. normally the suspension of buybacks because no one's really buying back banks anymore, but they left a lot of uncertainty about future quarters. as investors looked at those numbers, they a really started to get a bit afraid of what it meant for bank stocks, and then they started to fall on friday. and it really isn't good for the market at this point or investors. tech is about 27% of the s&p 500 right now. if that's near dot.com levels. investors really need other choices besides tech, and they were starting to feel comfortable with finance and banks. the fdic on thursday had approved some changes to th

jack howe got an update. >>> tech stocks have powered the market's recent surge, but they're looking pricey. barron's found a few for a reasonable price. >>> and the pandemic-fueled down

how do the folks regain that moral high ground? guest: you're not going to lose the moral high ground when you watch that video of what happened to george floyd. no matter what you may think about law enforcement and the communities and people protesting you cannot see that -- i don't know if many people were able to watch the entire nine or ten minutes to see that kind of cruelty. i think people were shocked to see something like that. and it's unfortunate that there are those who have their own agenda and i can't say whether they're being paid for by someone. i don't get caught up in conspiracy theories. i don't know what it is that causes people to do further damage and harm to communities already suffering through the pandemic and covid-19 and yet i see these people. so what do i have to do with this? i believe you destroy my life i'm already suffering i'm not getting ppe money, i've got employee that is need to be employed and yet you're showing disrespect. you're going to always have this. and i also don't think the answer is

jack: yeah. david: you've been married how many years? jack: 59 next month. david: 59 years. [applause] david: ok. the result is five children and 22 grandchildren? jack: that's right. david: now, you never forget the name of a grandchild when they come along. you know their names? jack: i know their name. i know 95% of their birthdays. [laughter] david: really? ok. that's pretty impressive. so in those days you were thinking of becoming professional. you weren't sure. you met with bob jones. did you -- robert jones? jack: yep. david: the most famous amateur golfer of them all. jack: yep. david: and how did you actually come to meet him? jack: well, he was a speaker at the banquet of my first u.s. amateur when i was 15 years old. at that time, he had gotten paralyzed as he went on, but he was still walking with canes at that time. and he saw me play. coming in the last practice round, he says, young man, i am going to come out and watch you play a little bit tomorrow. the greatest player who ever lived, bob jones, is going to come out and watch me play. he came out and i near

jack, how are they doing, how are you doing and how are the workers doing? >> we are all safe. everybody is safe. just damage to property but fortunately we have a lot of resiliency. our company, our employees and partners went out to start delivering food and resources to the local communities that have gotten torched down. we are all in the service business. we are they are to serve the people. it is unfortunate so many businesses that may not have had insurance and may not be able to recover had to take the brunt of these looters and rioting. >> neil: what do you think of some, you know, leaders and cities and states say it might be a little reluctant to bring in the national guard. i know as you know in washington, d.c., that has been an issue for the mayor because he thinks it might actually bring on more agitation. what do you think of that? >> i mean, peaceful protest built our nation, but when you have a mayor like minneapolis who literally waited for days to call to action and never really stood up against the evilness, that, let's not blend the two sides, you can peac

lemonis: how you doing guys? marcus. jack: jack hays. nice to meet you. -lemonis: jack, how are you? -jeremy: jeremy felt. jed: jed hays. nice to meet you. lemonis: how are you? father-son? -together: yes. -lemonis: very good. and so, what's the plan here? maybe you guys could give us a summary and we could walk it? jed: yes. those buildings there, that's t.j. maxx. they're gonna open in the next few months. lemonis: let's walk the space. it's a construction site. what are they asking a foot? -jed: $777. lemonis: that's pretty strong. how many square feet? jed: 3,000. lemonis: so, over $230,000 a year? divide that by 12, you're talking about 18 grand a month? a good rule of thumb is that a restaurant's rent shouldn't exceed more than 8% of its total revenue. with an $18,000 rent factor, the restaurant would have to do at least $225,000 a month in sales. standard's current restaurant does about $100,000 a month in sales. if we were to open up a new location like this one, we would have to more than double our business. how many people live within 1 mile, 5

how jack and the family are navigating these difficult times. ♪ laura: russians health watchdog says nearly 500 medical staff have died after contracting coronavirus. . since the outbreak began that is a jump from last month's figure of over 100 doctors, nurses and health workers. sarah rainsford has more from moscow. >> after this head of the watchdog here made this statement and talked about 489 medical workers losing their lives in this covid pandemic, watchdog backtracked and said these were not official statistics. that she was citing an unofficial tally -- tally. i think even so, it is interesting that this watchdog, a very official body, is keeping a close eye on that unofficial tally. the official numbers for now are three weeks old. they talk about 100 one medical workers having lost their lives so far. even so, ding this conference, there is a conference online about medical safety. the watchdog had talked about serious shortcomings, particularly at the beginning of the outbreak. ♪ laura: keeping up with zoom classes this school year has been hard for students and their p

how do the folks regain that moral high ground? guest: you're not going to lose the moral high ground when you watch that video of what happened to george floyd. no matter what you may think about law enforcement and the communities and people protesting you cannot see that -- i don't know if many people were able to watch the entire nine or ten minutes to see that kind of cruelty. i think people were shocked to see something like that. and it's unfortunate that there are those who have their own agenda and i can't say whether they're being paid for by someone. i don't get caught up in conspiracy theories. i don't know what it is that causes people to do further damage and harm to communities already suffering through the pandemic and covid-19 and yet i see these people. so what do i have to do with this? i believe you destroy my life i'm already suffering i'm not getting ppe money, i've got employee that is need to be employed and yet you're showing disrespect. you're going to always have this. and i also don't think the answer is

hey jack. >> how's it going ainsley? ainsley: i'm good thank you. what did you think of this? >> oh, what a moment. growing up in texas i played high school football and i remember one of the biggest games in my career the fans on the other side held up neuces with a doll with my jersey number on it and it was a chilling moment so i really felt what bubba wallace was going through so this is really what america needs to see. this is the symbol of what america is, and how we can grab hold of our brothers and sisters of all races and come together. ainsley: you're right. jack what is your message to people out there that do this kind of thing? they need to have love in their hearts and don't they know that we are all god's children? >> that's right we're one blood you know, acts 17:26 says that we got to come together all nations but ainsley the most important thing is that our brothers and sisters of other skin pigmentations need to do exactly what nascar did. all the families out there across america, go and grab folks that look different than you and show that unity and show