Now below 48. Roll back with china falling hard. The biggest drop in eight years. A 40 billion farm pa deal. Teva buying allergan and mylan and facebook. Its two price targets ahead of wednesdays earnings. The impact that is having on the nasdaq. First up this major selloff in china. The s p and nasdaq each coming a off the worst week since march. Jim, you have been fielding questions on twitter all morning long. Why the pain . You wrote, because we are china right now sample we are. I mean look i wish which werent. It was amazing to watch china roll over in the middle of the night and then see our futures unchanged. Thats just false. I mean the reason its false is because there is a link between minerals arc link between oil and us. So we have a lot of companies that i think arent going to do well with coin going down. More importantly the rest of the world, holly cow, is brazil going to take the product . Europe . You need to see europe get stronger, brazil not just kind of go away a
It was at 1295 before this. This is a hung parliament. This is an extraordinary result. Teresa mays poor company has played a huge role. Jeremy coleman captured the number for labor there, significantly better than what they were on before. They were on 229. Theyre up to 226. The pound falling further. Why is the pound falling off the back of it . No goody has a majority. Therefore, there will need to be coles discussions. We will in uncertain phase, this is the exit poll. The result is right. We do not have a clear government. Coalition discussions will have to gin to work out who will be Prime Minister and who will return to downing street . Teresa may calls this on the 13th of april. The polls have her lead. The possibility of a triple digit bubble is correct. That is not enough for a majority and wow i mean a terrible campaign she has played out. Mel lisa, back to you. In the past as i understand the exit polls have been pretty accurate when it comes to these elections, when it com
Quintanilla joined by sara eisen. Our top story today is going to be apple hitting the alltime highs. The company beat on the top of the bottom lines last night issuing stronger than expected guidance for the september quarter. Strong device shipments are building the best Revenue Growth in seven quarters, jon, with unit Revenue Growth in all categories and surprise ones ipad, i was looking for more than half the ipads life now, it has been in decline so this performance up year over year, at least sparked some hope that that might be shifting. But i want to see a couple more quarters before being confident of that. The two things that seem most significant to me off this call were the low inventory levels, the big sell through they had in this quarter, and the aggressive guide into the start of what we expect to be an iphone launch, given that so many people had expected the highest iphone to be delayed somewhat. What does this mean . Are we going to have more Iphone Models out than w
In houston. Energy is a big story today as it has been every day recently. We will get to brian in a minutes time. First we begin with the growing fears of how vulnerable airlines are to hackers and whether a plane can be brought down by a cyber attack. In San Francisco, live at the largest Information Security event in the world, what are we hearing . This is as you say a big Cyber Security conference. They are just about to open the doors for the beginning of the conference, but controversy and researcher Chris Roberts was on the way to the conference last week. He tweeted out information alleging that he can hack into airplane cockpit systems based on some of the infrastructure inside an airplane. He tweeted that out on wednesday when he arrived at his destination on wednesday. He was met by security at the airport and detained by the fbi for several hours of questioning and conversation. He also said that on saturday as he was on the way here to San Francisco to come to this event,