Watching we start the show with a mixed bag of Apple Earnings results the i phone maker saw its profits slide 13 percent to 10000000000. 00 in the last quarter but it appears that the companys attempts to grow its Services Business are bearing Fruit Services revenue grew to a new record of close to 12000000000. 00 the figures beat analyst expectations. And for more on this lets check in now with our financial correspondent in new york jose luis to haro was a nice as always to see you so whats the Market Reaction to these results everyones been waiting on them. When. A low is easy to be demonstrable and thats why apple shirts are went up up to 4 percent off to release and its. Awful keeps suffering from a muted i phone sales actually between april and june of this year i phone sales have fell nearly 12 percent when compared with last year there are several factors said to take into account here one of them is surprising even leave the company has made efforts to introduce a relatively c
Is there an echo in here . Amazon wants to put alexa in cars. Has foundtter says it and deleted more than 1000 fake accounts created by the Chinese Government used to undermine the hong kong protestant hong kong protests. Acebook said it also acted on tip from twitter, finding some fake accounts. They say they will no longer state advertising from act media worldwide. We are joined by a fellow from new america and in washington, brett, who set up the first tax force first task force to counter disinformation in the white house. Sarah, what exactly do we know . Sarah they are finding these coordinated efforts from china trying to discredit the protesters, calling them violent, saying what they are doing is maybe backed by western resources, just trying to cause tension within the group. Emily twitter says it kicked off 936 accounts. Facebook, seven pages, three groups. We have statements from both companies. They said, overall, these accounts were attempting to sow discord in hong kong.
Perfunctory. Now it is done. Tmobile, sprint, theyre coming together. Charlie gasparino has the breaking details on sprint tmobile, what happens now. The concessions that were made, what it could mean for industry. Will we go to blake, guys . Blake is available. First you were missing in action now youre doing your job. You are doing your job. The white house come out to say essentially we have had much stronger, you know, gdp read, paraphrasing here, if not for the Federal Reserve spoiling the party, that is essentially it, right . Port pot the favorite punching bag of the president and the white house is out today. Very first reaction from President Trump, focus on 2. 1 gdp number. He took to twitter to say that the fed has quote, wrapped an anchor around our neck. That tweet from the president , saying it wasnt bad. Usa ready to go forward but the fed is the problem here. His top Economic Advisor larry kudlow also blamed the fed when pointing to a different number. You remember neil
Biggest tech companies. Soared to a record high, with tmobile, netflix all adding fuel to the rally. Alphabet posting its oneday percentage gains since july for death july 2015. Joining us to discuss, senior markets editor mike regan. Facebook, twitter, all reporting results. Where do we see the biggest result biggest move . It was a major week for companies. Very tech centric. Theabet is the star of show, rising 10 . All seem to be firing on cylinders. Announcing that major 25 billion share buyback, that is taking the edge of edge off of the concern of the probe of alphabet. Also twitter doing well, showing an 18 gain for sales. Amazon was an interesting story. They had a big earnings miss, but it was in an amazon typical way. Developed a more robust oneday delivery operation, and thats the type of thing amazon investors in the past sort of embraced, even though it caused a hit in the shortterm. I think the Semiconductor Stocks are a major story this week. Instruments, semiconductors
2. 1. We could have had it much more except for the Federal Reserve and we could have been five to 10,000 points higher in the dow. Now i dont want to sound too upset about it, because we just broke the alltime record in the history of our country of the dow, but we could have been higher. David he went on to say we could have been a contender, just like welcome everybody, this is bulls bears thank you for joining us im david asman joining me on the panel today Adam Lashinsky, jackie deangeles , john as fax ferris and steve moore and the president tweeting out Second Quarter gdp up 2. 1 is not bad considering we have the very heavyweight of the Federal Reserve anchor wrapped around our neck almost no inflation, usa is set to zoom, but a new survey of economists and Real Estate Experts say a recession is likely to happen next year, just before the election, so could a lower growth rate or worse hurt the president s economic agenda heading into 2020 . Gang . Well look, i mean, yeah, the