good morning welcome to squawk alley. i am jon fortt, with me morgan brennan and sara eisen carl is off. shares of apple are falling this morning down about a half percent, although well off lows ahead of the company s highly anticipated product unveil josh lipton joins us from cupertino for a look at what to expect hey, josh. reporter: so morgan, i covered a lot of apple events over the years, this is expected to be a lot different. for one, we may see serious hollywood superstars here. reportedly invitations went out to reese witherspoon, jennifer aniston, jason mamoa when he takes the stage, it is not expected to be on hardware, it is haeanticipated he will fo on new digital services. we expect a new video streaming service including original content and access to other streaming services like hbo. then apple takes a cut of the transactions a news product that includes content from newspapers and publishers, the wall street journal is involved on that front. re
been china trade. this morning we have movement. positive movement. the president called china s shi and told staffers to prepare a draft agreement. well, the market loves it. we re looking at a gain of maybe 200 points plus maybe 230 if that holds, the dow would have gained a thousand points in four sessions. that s a pretty good start to november. but you have to look at this. the price of apple stock is tumbling. yes it brought in record profits. yes record revenue too. but it suggest a little weakness in the coming holiday quarter that s called guidance. and a the analysts didn t think much to it. down it goes. 6%. politics, four days to election, and hard whatline trump is pouring it on especially on immigration. he s not letting the caravan people in, if they do get across border they ll be housed in tent cities not released and better not throw rock at our guys. the temperature is rising. and so is the market, the friday edition of varney & company sb to begin. t
received this statement from the white house 68-year-old secretary of defense lloyd austin did test positive for the virus this morning. he received his test after exhibiting symptoms, got tested and found out he was in fact infected but he says his symptoms are mild. he s following his physician s directions and will quarantine for five days at home. key to note, he will remain retain all duties over the coming days and he says that he will attend meetings virtually in the interim as he recovers. also key in the statement, my last hmeeting with president biden occurred tuesday, december 21st a week before i began to experience symptoms. i tested negative that very morning. i have not been in the pentagon since thursday where i met briefly and only with a few members of my staff. but secretary austin did have the vaccine and the booster imploring everyone in the military to continue to get that vaccine and booster describing it as a readiness issue. breaking news this eveni
streets. sudan prime minister resigns weeks after being reinstated . a post holiday sirge in covid infections is gripping the u.s. leading to 14,000 flights cancelled in the last ten days. more than 300 flights are already cancelled for today. a nightmare for people scrambling to get home. the seven day average of new cases in the u.s. experts warn it s likely to get worse. in the days ahead. vast majority of the country seen here in dark red is struggling with 50% or more new infections in the past week. compared to the previous week. so far hospitalizations are the below the previous peeks. but top health experts dr. fauci is urging people to take the omicron variant seriously. so it s kind of like a very interesting somewhat complicated issue. when you have a virus that might actually be less severe in the pathogen. but so many people are getting affected. the net amount of people that will require hospitalization might be up. so we can t be complacent in the reports w
president biden begins the new year with a mountain of challenges head of him. a wave of severe weather moving across the country, including snow and potential for tornadoes. your forecast and what it could mean for your travel plans. saying goodbye to america s golden girl. we ll look back at the incredible career of the iconic betty white and the impact that she had on the world of television. we re so grateful for you joining us this sunday, january 2nd. we hope you re having a great 2022, one hopefully covid-free. i hope how is your 2022? i feel like it s going to be a good year. i hope there s a lot of the challenges that we had in 2021 that will be put behind us. so far so good. you re here, i m here, apple juice, it s bright and early. thanks for joining us. nowhere else i would rather be on the second day of the new year. we start this morning, boris, millions of americans will return to work or school this week, but this explosive surge of new covid-19