While backing down from one of the nations biggest media conglomerates just got bigger were going to break down which company has now swallowed up Spanish Language Network Univision so much to get to on this very busy day so lets get started and we begin where else but with the very latest on the coronavirus as that surge of new cases is rising outside of china were also seeing markets react very strongly kristie is the latest on that coming up in just a 2nd but right now lets take a look at the boom of new cases in south korea as well as iran lets start in south korea where virtually all of the new cases are connected to a megachurch about 200000 people in fact about 60 percent of all south koreas cases of the coronavirus or link to the church of jesus where it apparently a 61 year old woman began transmitting that virus its not clear how she became infected but now south korean officials have announced that they will test all 215000 members of that church south koreas number of confi
Showed that chinas trade exports contracted for the month of august largely because entirely because of the trade war with china and the United States well hear more about that from eunice yoon in a moment. Look at whats happening with the european markets that are open and actively trading a in the point. Right now most of these markets are in the green ftse is the exception down by a quarter of a percentage point. Also f you check out the treasury market here in the United States, youll see the yields that we have been watching oh so closely as we get ready for fed next week and ecb this year, ten year under 1. 6 , 30 at 2. 07 . Some news out this morning saudi arabia now confirming it has removed its Energy Minister from the position over the weekend replacing him with the kings son and that move breaking with long time tradition and convention that members of the royal family are not appointed to that position and comes just days after al falih was removed from his role after chair
One obviously will be iphone revenue, it is 26 billion, basically in line with what the street was looking for it is down 12 , but it is an improvement from q2. Remember, it was down 17 . I had a chance to catch up with ceo tim cook i asked what kind of impact the Trading Program was having there. Remember, one big roll here for the iphone franchise, why it is facing challenges, the replacement cycle is getting longer i asked cook is the tradein program impacting that at all. He said it was, it was a key reason for the sequential improvement. Services will be in focus, 11. 5 billion. Though apple has the onetime litigation settlement. It is up 15 from the comparable figure a year ago. I did ask cook about some of the new services on the way like the new Video Streaming Service and i asked him, melissa, how he will judge the service cook telling me the most important thing is, one, the product, and, two, the number of subscribers, whether we are going to announce it i dont know we only
We begin with the most important week of earnings season. More than 130 s p 500 Companies Reporting results including three big fang names, facebook, amazon and google. So we thought we would play a game the good, the bad and the ugly in this weeks tech reports. Of those names facebook, alphabet, amazon which is the good, bad and ugly. This is a new game. Old song. Yes classic song any of the actors in good, bad and ugly why do you ask me oddly enough, im glad to be here on a monday very excited to play this new game the way you line them up on the screen is the way i would line them up in my head the good is facebook why is that . The bad news theyve thrown at it doesnt matter. The stock made a 50 correction when it traded down on 164 on huge volume. I dont want to like it but i think it will retest the old highs. The bad amazon not necessarily the quarter will be bad but the price action might be we pushed up against those levels we saw in september i believe of last year 2025. There
Warm welcome to viewers around the world on michael. Okay. The is really military says it has drunk more than a 1000 targets in the gaza strip over night. As rockets continue to be fired at israel from garza, the army added it was still battling a mazda gunman in several locations inside israel. More than 1000 people are confirmed dead on both sides. Since a most launch a surprise attack on israel on saturday. Israel says it is targeting sides belonging to palestinian militant islamic groups of moss and Palestinian Islamic jihad in garza. Both are regarded as terrorist organizations by the e. U. The us and others since saturdays, massive unexpected assault by him. Us within 700. 00 is really is have died and dozens are being held hostage. While over 400 palestinians have been killed. The earlier i spoke with our correspondent rebec ritters, whos in these really town of escalade. I asked her if fighting was still ongoing. Near the border with garza, michael were actually outside the cit