But head winds remain. Black and big blue ibm with another disappointing earnings report. And dont be a fool. President trumps unconventional message to turkey leader it is thursday, october 17 Worldwide Exchange begins right now. Good morning. Welcome to the show, well hear from brian in california this morning. Netflix set to miss based on one key issue. Shares up just about over 8 but the stats were not all positive subscriber additions below estimates. Warning that subscriber growth would all fall short citing finance changes and more competition. Their ceo saying the streaming wars are noisy fundamentally, there is not a big change here. It is interesting that we see apple and disney launching basically in the same week after 12 years of not being in the market i was being a little playful with whole new world and the drama coming disney will be a great competitor apple is just beginning but theyll probably have some great shows too. Netflix says it will take bold swings when it c
October 18 futures indicated up about 50 points for the dow s p indicating to be up about six points all of this riding on the big number it is jobs friday expecting an increase of 75,000 none farm jobs and increase of Unemployment Rate of 3. 6 . The numbers are weighed down by the strike at General Motors those striking are treated as unemployed thats important to remember overnight in china, new data showed factory activity slank. Analysts expected it to pick up from last month. All of this raises the stakes for the trade war. Eunice yoon has more for us now. Thank you, becky. That official number was different from the private survey that came out showing factory activity expanded at the fastest pace in two years. It could be because the private survey tracks small and private companies as open toesed to large ones. China this morning proved to be a tech power house the goal here for 50,000 they keep on serving now with the 5g enabled phone apple is on 4g and the huawei phone is 10
This past july they made a big deal. The ball tonight and its all on him here, at least at the start to try to win this game for houston. John they have leaned hard on the heavy onetwo punch that they astros had and now theyre going to need greinke. Hes not going to throw 95 miles an hour. He doesnt really even care at this moment is like. Hes a different guy. Hes a different pitcher. Look for him to be as clean as they can be for a. J. Hes going to want to go to the pendant any sign of trouble. By the way, mr. Cole will be looming. Joe for the possible usage of gerrit cole here tonight, down to the field we go and say hi to ken rosenthal. Ken gerrit cole has never pitched relief as a profession professional. At some point tonight hes likely to bullpen. Did to close out game 72014 but he could pitch two innings most likely starting with a clean inning. And if Roberto Osuna is needed to escape the jam before the ninth, we could see gerrit cole. Cy young candidate on the verge of free ag
Chicago. Phil. Melissa, the reason the stock is shooting higher is because the adjusted eps is 1. 86 profit for the third quarter. And that is far above what most people were expecting. The expect aches, the consensus out on the street was for a loss of 42 cents a share. Revenue came in a little under expectations at 6. 30 billion the expect aches for 6. 33 billion in revenue and looking at the gross margins, 18. 7 is what most of the analyst were zeroing in on in terms of what the expectation was for the third quarter. Remember, many people believed as they were increasing model 3 deliveries, especially at the higher price point, that we might see higher gross margin process. Well the gap auto gross margin coming in at 22. 3 a couple much production notes, first of all, trial production has begun at shanghai plant preponderate remember ramping up production and deliveries in china into the end of the year the model y according to tesla ahead of schedule in the production beginning in
Against major currencies. We start with facebook. The social media giant is facing more controversy than ever over privacy, Data Security and the spread of misinformation and harmful content. But that is not putting advertisers off. It continues to make vast amounts of money. Facebook made revenues of more than 17. 5 billion betweenjuly and september, up 28 on the same period last year. 6 billion dollars of that was profit. The company says more than 2. 8 billion people use at least one of its services, facebook, instagram, whatsapp, or messenger, every month. Well over 2 billion use one every day. But its costs are going up. It pledged to spend more than 3. 7 billion on safety and security in 2019. It already employs 30,000 people working in this area. Last quarter, facebook announced a 5 billion settlement with the federal trade commission over lapses in Data Security and privacy practices. And this week, instagram promised to remove images showing methods of self harm or suicide aft