Israel after another election but Prime Minister Benjamin Netanyahu is determined to stay in power. In the coming days we will convene negotiations to assemble a strong zionist government and a dangerous. Government so will he succeed or be forced to give way to any of the a lot of. The backlash against the very thing is growing as new york state to back its flavored cigarettes amid concerns over a nationwide outbreak. Conditions. Welcome to the program. Saudi arabia has displayed evidence that it says proves that weekends attacks on its Oil Facilities were undeniably sponsored by iran presenting satellite images of the remains of weapons the Defense Ministry spokesman told a press conference the attacks had been carried out by radio cruise missiles and drones u. S. Secretary of state mike pompei was flown to saudi arabia following an early announcement that washington is to impose new and substantial sanctions against attack iran straits to washington that we join t. W. Correspondent
In thing applied to get his take on the planet are cut down in a crisis theyre about to watch the best 20 minutes of business show that money can buy lets go. Ali baba has unveiled its 1st chip as china rapidly accelerating developing its own homegrown Semiconductor Industry the 800. 00 chip can cut down computing tasks that would have usually taken an hour down to just 5 minutes and it is currently being used internally within the companys Business Operations specifically in product search personalized recommendations and advertising the company is planning to use the chip in its Cloud Computing products which some want to amazon is the companys Fastest Growing division ali babas move into a i chose follows fall away which last month unveiled its own semi called the ascendant 910. 00. Highlighted some of conductors as a critical growth area and plans to produce 40 percent of the semiconductors it uses by 2020 and 70 percent by 2025 this tremendous progress made by huawei and ali baba
Massive drawdown, though. With more than the market was looking for. Crude rising. It had been higher on anticipation of a drawdown, but spiking just a little bit more right now. Refinery utilization just a little less than expected, down 0. 4 . Distillate inventories was a drawdown of 2. 5 million barrels. The market was looking for a build. Once again, in line with analyst expectations more than they have been, but still, more of a drawdown then we were looking for, and that is causing prices to rise. Elsewhere in the u. S. , stocks rising, with the dow up 1. 7 , the s p 500 up 1. 4 right now. The Advertising Company ipg is , the highest performer in the s p 500. The stoxx index up on china headlines. A nice outlook for semiconductors if things get stabilize between the u. S. And china. At offshore yuan trading 7. 14 and change. Guy it is a decent move. Lets talk about what is happening with the brexit story in a little more detail. U. K. Prime minister Boris Johnson set to speak are
Eva the issue comes down to the company not having consequences. Thats why none of this works. Lemonis and his relationship with his son, already strained, is only getting worse. Thom theres no right or wrong. Alex no right or wrong, but you will not let anybody else be right. Lemonis if i cant help him to step up as the boss and learn to face his problems headon. Eva were not thriving and working together enough. Lemonis . This business wont only slip, it will fail. This relationship is either going to get better, or you need to go. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. [ bell clanging ] today, im visiting handi products. Now, its fun to invest in
Thirdquarter Profit Guidance also a miss. Up in smoke. Jules defense of its marketing policy goes proof. The company is grilled by lawmakers in washington who say more teens are getting hooked. First to our top story, a tale of two earnings as amazon and alphabet report secondquarter results. Shares of the Parent Company jumping while amazon is heading in a different direction. Alphabet reported revenue that beat the highest estimates, calling concerns of slowing growth at the heart of the largest digital ad company. Sales in the cloud unit grew by 37 , but not enough to top estimates. Joining us to discuss you cover alphabet and amazon, so what is happening here . Alphabet was such a bad q1, that it was easy to step back from the disaster they had. They put a great number up. An additional 25 billion. This is one of the cheapest largecap tech names we cover. It was the worst sentiment going in of any techmeme we cover. It is definitely the least transParent Company, so given the q1 bl