That retaliation comment that mentions boeing. Did not mention apple, but apple is acting terribly did not mention Applied Materials. Had a great quarter, stock reversed badly its a surprise. I dont understand whats happening with boeing. You have this you have the ceo, who is blasting the clients, then you have china who doesnt want boeing, and a queue for boeing planes that is dissolving i dont like anything im hearing about boeing nothing. You mentioned the editor for the global times, he does say based on what i know, if you block further, we can add you to the unreliable list, and he says qualcomm, cisco, apple as well as suspending the purchase of boeing planes. This is terrible. The china haters and china lovers should look at our retail sales and say, you know what maybe we have to shut up a little bit here. Maybe were not as strong as wed like and we should hold out until were stronger ive been the hardest line on china. Everybody knows that im harder than peter navarro. But t
Up about 11 points, now down 79. However, as the world inches closer and closer to reopening, the cruise industry may be more eager than any other. It is still weathering rough seas since the first covid19 cases showed up on its ships. In a fox business exclusive, Carnival Corporations Ceo Arnold Donald is here on how new bookings are coming in, when travel can restart, and how the cruise industry will forever be changed after it bids bon voyage to this awful pandemic. Dunkin brands hoping to get cooking once again as it reports a major sales dip. Ceo dave hoffman joins us live on why dunkin might bounce back more quickly than other food and coffee chains. And we are about to find out how amazon and apple performed in the middle of the coronavirus as we head into earnings after the bell. We are going to ask Consumer Technology associations ceo gary shapiro what lies ahead for tech titans. Plus, we have former barclays ceo bob diamond here to react to private equity getting cut out of t
Markets. Buying in the long and in the u. S. We had a seven year auction yesterday. A lot of supply was coming online. One area you are still seeing selling is btps in italy. Oil up by about 1. 50. As we get lots of earnings sees their yum restaurants around the world largely open for business, so that is interesting. Worldwide comp sales down by 7 , better than estimated. The estimates were for down. 4 . 8. 4 . E for down no visibility really for all of these companies trying to figure out where they go from here. Into all of todays market moving news. We are about 1 3 through earnings right now. Onhabet surging in premarket betterthanexpected results. D both taking a hit. Annmarie hordern has more. Annmarie i want to look alphabet, up in premarket trading. On top of that, it is boosting shares in the nasdaq futures market. Sales came in better than last year. On top of that, they beat the street. They did suffer from cuts in marketing to do the pandemic, but the executives had a lot
Stock higher and helping the idea that maybe this rally will continue. If there is an effective treatment for those who are severely ill with covid19, the economy can open more quickly than expected. Alphabet put up a better than feared quarter as well, helping the risk on rally. David tech helping to lead the way. Thank you so much for abigail doolittle. We are all anxious to get the economy going again but we want to do it safely. We welcome a man involved in making the plans for restoring the u. S. Economy. It representative don beyer of virginia, a democrat and vice chair of the joint Economic Committee in the house of representatives. Thank you for joining us. Give us your take on the fans being to on the plans being discussed, federal combined with state. Are we where we need to d are we where we need to be in the plans to get the economy going . Rep. Beyer no, but we are moving in the right direction. Most of the states have done a good job of flattening the curve. We are worrie
Joe, the big story is oil prices once again im ready to move out past june move out where . June is too close if we are not going to open anything up, no reason to think it will be anything different than minus 38 a barrel it is related to the price of gold and the price of a suit, so i should have been buying andrew, you are spending 10 times what you are on a suit with those hugo boss things. Which none of them have belt loops for 4,000, you could get a couple of belt loops no hugo boss. It is ralph. Ralph who oil prices, it is not funny. This is out of the realm of anything weve ever seen brent crude only a 20year low you look at wti or what may was before the contract rolls. It is incredible supply shortage spiked overseas. The u. S. Movement, wtis june contract the price giving up earlier gains. Up 11 see, im ready to move to september. August at some point what does this mean for the saudis youve had your picture taken there on a sand dune youve got a feel. They should have done