Wrench into this rally with us, stephanie link and jon and Pete Najarian and jim cramer, the host of mad money. So many big names reporting earnings across a wide array of critical sectors you see what they are doing today. Is this the week that will decide the fate of this rally . I would say yes the plethora and broad range and what ill also have to tell you is that it will be good. We have so many topquality Companies Reporting this week. I mean, look, there are companies that are so on fire that are big cap im talking about microsoft, which we all like. Microsoft is doing everything. A johnson johnson, now up 20 points, even though its not necessarily on fire, these are the stocks that have been percolating up. Weve got the calendar up now. Travelers last time, socalled disappointment went up another 15 points. United health. Steph, i look at you and say, does it not have 200 written all over it . Absolutely. Are those the names, jim, that youll specifically be honing in on yes som
About shrinking its balance sheet. Elsewhere, unicredit safers a data hack affecting around 400,000 italian customers sending shares lower european automats are in top ge with shares much tof the french carmaker topping and senate votes to reignite debate on ending obamacare as senator john mccain dramatically reappears following brain surgery. Weve been spinning our wheels on too many important issues because we keep trying to find a way to win without help from across the aisle. Were getting nothing done, my friends, were getting nothing done can we doff our cap to mr. Mccain brain surgery and whatever you think of the politics republicans versus democrats, my goodness me returning to capitol hill yesterday absolutely dramatic what a man five years ago today, mario draghi said the ecb was, quote, ready to do whatever it takes to preserve the euro. Lets take a look. So june 2014, European Central Bank Actually cut Interest Rates below zero to stimulate the economy apparently and that
Today. Thank god youre here. We have some news comcast is reporting and when you report on a company like comcast, there are many Different Things that people watch. Not necessarily the bottom line number but let me give that to you any way. Earnings per share, 52 cents that was up almost 27 year over year it was 3 cents ahead of expectations consolidated revenue grew 10 . 9. 8 to 21 21. 2 billion. That is above expectations of 20. 855 consolidateded revenue was one of the things that people might look at, but maybe more so is ebita growth Strong Revenue and ebita growth increasing by 10 . First half ebita growth the best in six years a lot of this, sorkin you see the main cylinder . Squawk box. Part of it. Film revenue up crazy Nbc Universal, outstanding quarter according to the company, grew ebita by 20 Comcast Cable delivered what the company is calling a great quarter is a strong balance between financial growth and solid subscriber metrics you watched this over the years. What do
Walmart is down on earnings and well dig through that report and talk about the Amazon Effect and shares on alibaba spiking on earnings first up though, the watch is on to see what effect this could have on the trump agenda a few of the quotes jamie dimon i strongly agree with the president s statements must speak against ideas that divide us. Im ashamed of our president s behavior what does this all mean for the agenda and the degree to which business was going to help push it no republican that ive seen has called ut trump by name the way some of these ceos have an theres a desire to get something done in tax reform but repeal and replace that budget are going to be ahead of that and i think that they themselves will be more attracted because of this. If you look at the calendar its probably not possible but it wouldnt have mattered either way because i dont think the ceos are able to influence congress and congress has its own agenda. The thinking was tax reform specifically was goi
The nikkei up a half percent hang seng up 1 111. 2 . In europe, big effort gains in spain. Crude, the one big driver for crude the past couple of days would be harvey. Now a category 2 storm were seeing wti crude up by 0. 7 brent up by 0. 7 welcome back. Thank you great to be back when did you get back last night. Last night. 8 00. All right do you feel different . Do you why would you ask that, joe. Im wondering feels g right . Enjoyed it. Congrats. Everybody knows by now now they do if they dont, theyre about to. Misses melissa lee. Is there a new name. Im still me. Congrats. Good to have you here. Thats dedication, 8 00 last night anything anything to help you out, joe i will do. And the viewers heres the big stories were watching today that was maybe the biggest in corporate news, uber could hold a vote for its next ceo as early as today uber is holding a Board Meeting later total. According to sources hpe c eshs Ceo Meg Whitman will not be there, but former ge Ceo Jeff Immelt will