Capitol Hill Facebook hashares down 10 in te past three months. The risks facing the stock all in on apple. Two big price hikes. One, a new street high its our call of the day microsoft earnings after the bell the stock outperforming all the fangs over the past one year the traders take their positions. Halftime report starts right now. Good to have you with us on this wednesday our investment committee, joe, stephanie, the brothers najarian were going to monofacebook. A hearing going on on the hill there mr. Zuckerberg another big dayfor earnings steph, you own caterpillar missed they cut guidance. China story. This is b about weak demand in china . Well, it is, but nothing theyve said today was surprising and if you look at the sell and buy side, earnings estimates, theyre around 11 so the midpoint rath eer is about 10 48 so its not that much off. They destock 1. 2 billion of invenntory in a years time. I like the risk reward and the stock reaction is telling you everything you need
Bonnie. Well right now the storm has really strengthened from where we were this morning as it goes over the warmer waters of the gulf of mexico. Remember those waters, the temperatures at 85 degrees. So plenty of storms working to coastal alabama and misplis bsi but the storm has not made landfall, around midnight tonight. And the center of circulation, 195 miles to the south of biloxi, mississippi and the winds now at 90. A strong category one and once they get higher were talking about a category two. Not much difference for the storm. Here is a look at the track through the evening. A category two strengthening just before landfall and the storm will weaken as it impacts a very large portion of the eastern seaboard. But lets look at the Immediate Impact fors the gulf coast. We have a hurricane warning in effect for new orleans for biloxi and into mobile and were also looking at Tropical Storm warnings and heavy rain and flash flooding particularly in the lowlying areas like in the