Good Tuesday Morning im Carl Quintanilla with Morgan Brennan and jon fortt at post 9 of the New York Stock Exchange markets reacting to the apple news over the weekend. A lot of news for the long Holiday Weekend coming in. Well e get right into that with apple it is sinking this morning and taking the dow down with it after warning its going to his Second Quarter forecasts on revenue due to cocid19, the coronavirus. Our guest joins us now good morning. You feel confident this is a shorterterm issue even though to my eye apple seems to be backing away from that shorter term position, explaining why its no longer sticking to its previous guidance saying its going to update us in april. What makes you still feel pretty good about the limited impact of this virus yeah, i mean, apple did say that but they also gave more color on the fact that overall theyre strong but theres no quantity final guidance so theres no help on the press release they gave. The Biggest Issue seems to be the supply
Brownlong was convicted of murder at 16 and set free 15 years later. Her message about keeping the faith and believing in herself. Its monday, october 28th, 2019. Heres todays eye opener, your world in 90 seconds. The United States brought the worlds numberone terrorist leader to justice. The leader of isis killed in syria. He died like a dog. He died like a coward. He was whimpering, screaming, and crying. Reporter california is under a state of emergency as wildfires continue to grow. Reporter tens of thousands of people have been ordered to evacuate. Its hard. Hard to leave, you know. Reporter california congresswoman katie hill resigns amid allegations of an inappropriate relationship with a capitol hill staffer. A manhunt underway for a gunman who opened fire at an offcampus College Party in texas killing two people. The world we live in now. Reporter the latest protests in hong kong quickly turned violent. Reporter hong kongs Financial Sector says the unrest has triggered a reces
World series title to washington and inspiring the nationals anthem. Mommy shark, do, do, do, do, mommy shark thank you very much, mr mr. Parra. Its wednesday, november 6th, 2019, heres your eye opener. I believe they knew what they were shooting at. Three vehicles and one took so much fire, it could have exploded. New details from mexico. Authorities in mexico announce the arrest of a heavily armed person who may be connected to the case. A lot of us are just speechless. Major upset in the governors race, beshear over matt bevin. Bevin has not conceded. There have been more than a few irregularities. Gordon sondland, a top u. S. Diplomat, now says he believes the Trump Administration demanded a quid pro quo from ukraine. Nothing like that has ever happened in American History before. New video shows a sheriffs deputy in florida body slamming a 15yearold girl. The deputy is charged with felony child abuse. His actions were deplorable. They were uncalled for. An arrest warrant has been
Shares are down in after hours trading. We will have a report. And, libra grilling. Facebook Ceo Mark Zuckerberg is anticipated to face lawmaker questions on the social networks controversial cryptocurrency on wednesday. We cover what to expect. First, our top story. Snap fell as much as 10 in late trading after reporting thirdquarter earnings. The Company Reported revenue and user growth beating analyst estimates. It has been boosted by an increase in downloads to the revamped android version. But questions remain about longterm monetization. To break it down for us, i want to bring in Jitendra Waral from bloomberg intelligence. First lets talk about the third quarter, daily active users. I have a chart here that i am showing in my terminal. Seems like those daily active users knocked it out of the park. Jitendra q3 numbers were pretty strong. It is the q4 guidance that fell short. Looking at the backdrop here, the stock is up 154 year to date. The valuation, to sustain that valuation
Percentage point hang canning down and shanghai off by about. 9 active trading in europe now youll see red arrows across the board. Biggest decliner is the ftse 100. Look at whats been happening in the treasury the 10year is yielding is 1. 824 zben well above 1. 8 talk about pg e, saying its power lines may have started two wildfires over the weekend in the bay area the fires began in a section of town where the utility opted to keep the lights on another round of blackouts is expected to begin today as more strong winds move on shore the u. S. Is considering extending tariffs. Skapgss on nearly 1,000 products in september, they plan to exclude American Farm goods. Bowings ceo said that their company made mistakes and got some things wrong. We own that and are fixing that. Saying boeing employees felt pressured during the certification process. That hearing begins at 10 00 a. M. Eastern well watch closely and talk to two senators who will be questioning mullenburg lets talk shares of G