Hideous beatdown im going to make it real simple for you. The market is spectacular al beit mercurial fashion show. The same stocks that would strut down the runway greeted with oohhs and aahhs will be pelted by tomatoes. Stocks that have languished sell like hot cakes when styles change we call that a rotation on wall street. Investors are furiously recalibrating what theyre willing to pay for and just right now theyre happy to pay up for the stocks of solid companies with healthy dividends and ideally big buy backs. You know what . Theyve lost interest in the stocks of Fast Growing Companies when it comes to revenues. They issued huge gobs of equity and pay people or come up with bizarre new metrics or explain how theyre really doing okay even though they dont have much in the way of earnings if any. In other words, the cloud stocks are up salesforce. Com, adobe, workday, z scale, i could go on and on. These names were all smoking red hot and now theyre struggling you have to wonder
aleck murdaugh trial. after hours of intense questioning over two days, the prosecution today zeroing in on murdaugh s newly changed story about where he was when his wife and younger son were killed. we re live at the courthouse, and we will break down key moments with our team of lawyers. worldwide commemoration and condemnation as ukraine marks one year since the russian invasion. the u.s. giving $2 billion more in aid as ukraine s president vows 2023 will be the year of victory. i ll talk with a key zelenskyy adviser. and new signs of cracks in the donald trump base, a washington post reporter joining me with compelling new information on how republican voters view the former president and the times, they are a changing. but we start in south carolina where the stakescould not be higher for alex murdaugh. the once powerful attorney taking the ultimate gamble testifying in his own double murder trial of his wife and son. today the prosecution dissecting his opioid
Google surging. Ge shows strong profit in the industrials unit as the Company Continues to shed the assets in finance. Amazon says hater can hate but prime day is here to stay. The company saw a 93 prime increase. The germans say yes to starting the bailout talks. Were waiting for a formal announcement that talks will start on monday to keep greece in the eurozone. First up google up sharply on strong quarterly results. Up 25 in the past week. It beats the street. The Company Called out a Strong Performance in mobile in youtube and program advertising, but its an increasing focus on cost thats getting the attention today. This is ruth porat on the call last night. To be clear, the prioritys Revenue Growth but pursuing it is not inconsistent with expense management. And as i noted were just starting the 2016 budgeting process. In my experience the best way to slow the rate of growth in expenses is to work closely with Business Leaders anchored in data so we can identify ways to prioriti
Us oh wait. Covers the Banking Industry well was here. That works too. Well get to that in a little bit. We begin in washington with the rhetoric about a Government Shutdown how much time do we have at this point . Well Government Shutdown by the end of the september if they dont pass spending bills. We got a slightly different take between last night and today between the president of the United States and the speaker of the house. Listen to the president last night at a rally in phoenix talking about the possibility of a Government Shutdown if he doesnt get funding for a border wall build that wall now the obstructionist democrats would like us not to do it, but believe me, we have to close down our government, were building that wall little bit of a different take well see where the rest of the Republican Party falls on the issue of the Government Shutdown over boarding spending there are a lot of republicans on capitol hill who would like to see something done on the issue of the b
Her dad thinks he knows who did it. The police are not confirming that this morning. Rosanna the tv. It is annoying. It looks like they are getting rid of that. What comes next, we will have that. Rosanna the worlds famous booty magazine. Naked women will no longer be in playboy. Rosanna it will be provocative here it. Greg basically no nudity. Greg playboy magazine. This is a Big Development for my friend james rosen, my father was a subject of a playboy review. It does happen. How about you, rosanna . Probably when i found it underneath my brothers mattress in the 80s. [laughter] mike i just remember being mortified. Dad had a stash. [laughter] we got an education that day. Folks, stay with us for a second. Eric legrand. Think about this guy. Five years ago this week he was injured on the football field. He basically became a quadriplegic. His attitude has been just awesome. Rosanna he is so inspirational. Hoping to get up there and walk one day. In the rehab center. Making progress.