The best week since 2006 is apple now the king of the market brian kelly, youre worried today about opening at the highs. Here we have great price action. What do you say . Yeah. So last night and then even this morning i was very concerned that we had these blockbuster earnings from big tech and the market not responding. The standout was apple all day long and so that gave me a little bit of confidence and then you saw just continue to be strong the whole time so lets look at apple. What happened . They had tremendous earnings they have multiple cat lisalystd the services of a bigger part of the earnings is starting to take hold and argue and of course you can argue that it would deserve a higher pe ratios i find thats absurd and here we are what did you make of the action . Listen. Bk or beakers knocked it out of the park just like apple did macs are up in terms of sales and wearables. The Service Business although i think that was up about 15 . 258 per share. Theres not much not to
The 93yearold leader gave into overwhelming pressure from the military and from lawmakers who were preparing to vote on a motion of impeachment. Mugabe is stepping down after 37 years. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Hpeing up, 83 announces meg whitmans departure. Plus, the former chair of the fcc, tom wheeler, slams the plan to roll back Net Neutrality. He joins us to discuss what he calls a shameful sellout. Apple says its new home pot smart speakers will not be ready for the Holiday Shopping season. First to our lead and a bloomberg scoop. Bloomberg covered up a massive hack attack affecting 57 million accounts. The datahackers stole of 50 million customers and 7 million drivers. Uber including the former ceo kept the breach concealed for over a year. This week, the Ridesharing Company ousted the chief Security Officer in another execut
Good morning, welcome to squawk alley. Kara is joining us from our Nations Capital more activity in trump tower. Marilyn houston is meeting with the president elect. We have been following this one. Phil is joining us tr chicago. Good morning, what this meeting is is the second one between the ceo of martin and donald trump in the last three weeks. Lets see if this one goes better. That was down and she walked in there. A short time later we saw the ceo of boeing walk in. He said im not happy about the cost of air force one. Or the f35, what is Lockheed Martin. They said were going to work the administration to bring down the cost. She walked out and didnt say a word. The trump tweets continued to blast locke Lockheed Martin. Theres been a couple tweets and hes talked about it at press conference this week. So they meet at noon. Lets see if the meeting goes better in terms of her making it clear to the Trump Administration that she understands their concerns, and will work with the adm
I see a huge train wreck coming down. You and i discussed this many times. And i dont see any results yet. Look, what can you do to help, all these people around the country, what in the world do i do and know what to do . Honey, did you get e toaster cozy . Yep. Got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r onflat rate. So i kn untilt was full. Youd crazy not to. Is tt nana . [ male announcer ] fedex one rate. Simple, flat rate shipping with the reliability of fedex. Stuart truly startling new polls on obamacare. From the New York Times, 53 of uninsured people disapprove of the law. Stuart their sales pitch seems out of touch. Here what the first lady said yesterday. We urge people to reach out. If they signed up their child and sign up their friends. If you have grand kids, make it a christtas treat around the table. Talk about a Little Health care. Ring in the new year with a, new coverage. Stuart ah, talk about health care . Christmas dinner.
Stuart we will love to tell you theres action on the markets but there is not. The dow just coming off of its lows of the day down 27. Another record for the s p 500, a much Broader Market indicator. Record earlier this morning 1909. Here is the key Interest Rate lot of people follow closely. Is that right . 2. 43 . Lowest since july. That is a big deal, that is a slump in Interest Rates to 2. 43 . I got to check that, make sure that is right. Now we have profit at michael course jumping 60 , big shrug, down 0. 08 at 95 a share. 3d printermaker 3d systems lower. At an honest the secondary stock offering, some more stock to the public down 10 . Charles payne, got to look at 3d stocks, went straight up like dot. Coms and straight down, is this the bottom around here . No. Charles stop the call but you have different strategies, more of a manufacturing plant, 3d systems loading up and making a lot of acquisitions. It is smart use of their money but schering investors, 31 is short too so a