Today. Caroline and we sit down with the buy now pay later ipo. But first, whats trading in the Public Markets . Maybe a bit of a reprieve and spirits, even with the ppi number that produced a price index that came in hotter than anticipated with a sign of ling in the key areas the fed will be focusing on here in the u. S. , pulling up in the nasdaq, notably even though we saw initial kneejerk selloff it is back to rallying on the twoyear yield. Shining light on whats happening in the highly shorted names like stop, amc, an extraordinary rally for no fundamental reason with high Short Interest stocks, bet against in the rocks market. Moving on to have a look at whats happening on the world of bitcoin, no move or read across from the meme frenzy to the crypto frenzy. Bitcoin, selling off a bit. We heard from key players within the crypto severe saying look, we will be range bound, currently at 62,000. What are you watching . Ed theres a lot of technology to fit to today. Lets go to chin
More and more analysts are becoming believers with these levels, should you join them . Well trade that stock coming up. We begin with two big tech topics steve kovac covering Apple Earnings and ayeamon javers in washington we have a historic case wrapping up steve, lets start with you. Reporter yeah, leslie, we have Apple Earnings coming at 4 30 p. M. Eastern. The real, top thing were looking at here is what does it look like over there in china . Were expecting overall revenue to be down about more than 4. 5 . A large part of that is because of these stung lruggles weve sn apple go through in china. Sales for iphones down 13 in the september quarter, and since then, loads of data showing iphone sales have been down as much as 19 . We see other rivals like huawei grow significantly huge competition there by the way, a lot of that data has caused some analysts to trim their estimates for the june quarter in addition to this disappointment theyre expecting in the Current Quarter the que
Takeover targets coming up. Donald trump has bigname investors advising the campaign and now details if think oar putting their money where their mouth is. We have got the lawyer behind a controversial lawsuit accusing Morgan Stanley of mismanaging the employees 401 k plans and rippling through the industry. Hes going to join us after the bell. Be sure to stay tuned for that. Adding to the bearish sentiment is last weeks rig count showing u. S. Oil producers added rigs. Right. Ra raising concerns of supply online. Lets bring in ed war morris and halima kroft. You know, a lot of talk about how the latest move, whether its the 20 decline, the 20 bounce, 9 up in wti crude last week, has been mostly about investor positioning, is that the case or are we seeing real fundamental supply demand factors here . We have a position of basically a record high in short positions and expected a rally on the back of that and started the see i think the discussion of the opec freeze coming back into pl