A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im Contessa Brewer in for sara eisen this morning. Great to have you with us we begin with breaking news out of alabama nbc new projects doug jones the apparent winner that States Senate race. Jones defeating roy moore. Its the first time in more than two decades that a democrat flipped a alabama seat moore has refused to concede saying its not over President Trump who endorsed roy moore seems to think its a done deal the president tweeting congratulations to doug jones on a hardfought victory. The writein votes played a big factor but a win is a win. The people of alabama are great and the republicans will have another spot at this seat in a very short period of time. It never ends. So quite conciliatory from him, maybe thinking he needs to work with jones in the future and knowing another election is going to come. And we know the president likes winners. But he doesnt like losing himself. The crucial thing in the shortt
Im seema mody in for sara eisen. It is Throwback Thursday we are throwing it back with the clash i fought the law. In honor of martin shkreli, perhaps. I think so. I have a feeling later in the show, given l. A. Being awarded the olympics, well go back to california themed songs. Lets check in on markets. Slight gains yesterday it is a ha behas been a decent k five positive sessions out of six for the dow. We had a good start to the week. Its managed to hold on to that. Yesterdays gains were not particularly pronounced. Today we are called lower only fractionally in the premarket. Down a point or so for the dow tenyear treasury note, back above 2. 2 very briefly closing just below it thats where we remain at moment, 2. 194 given that last week, we touched 2. 05, its been a marked increase in yields with that we have had an increase in the u. S. Dollar as well now to asia, we did get a barrage of data from china mostly the data came in weaker than expected. Fixed asset investment, facto
They say the situation in the Foreign Exchange market is still fragile. This is significant because it marks an end to the snb referring to the franc as significantlyovervalue. The august Consumer Price index comes at 8 30 a. M. Eastern time that hits with weekly jobless claims and the bank of england has a policy decision due around 7 00 a. M. Eastern time. Tesla announcing plans to unveil its highly anticipated truck. That will happen on october 26th the tesla semiis wh is what thee calling it that date a setback. Elon musk expressing his excitement saying the batterypowered beast is worth seeing in person shares of tesla, down marginally on that news a bit of deal news shares of Tenet Healthcare are jumping on reports that the company hired advisers to explore options including a possible sale. Last month they said they would replace the ceo and some Board Members after concerns from glenn view capital then net h that stock up 14 in the premarket. Equifax says a web server flaw in i
Sandberg on the social Networks Earnings report ahead. And our extended sitdown with anthony noto about the companys latest media deal and capitalizing on trump. First to our lead. Apple shares dropped after reporting quarter earnings with iphone revenue falling short. The iphone has always been the moneymaker for the company, but sales were basically flat yearoveryear. Not terribly surprising, given the anticipation for the next launch in the fall, where we are expecting a big design overhaul. Apple also saying you generated also announcing it generated 7 billion in revenue on services, which is 18 growth from a year ago. This as the sectors ceo says he expects to double over the next four years. We spoke with our Bloomberg Contributor David Kirkpatrick and an analyst. David when you look at the quarter overall, it was fairly mixed. The one negative with the iphone numbers. But its one of those quarters where you can only put some so much emphasis on the iphone. You of course have tha
Sandberg on the social Networks Earnings report ahead. And our extended sitdown with anthony noto about the companys latest media deal and capitalizing on trump. First to our lead. Apple shares dropped after reporting quarter earnings with iphone revenue falling short. The iphone has always been the moneymaker for the company, but sales were basically flat yearoveryear. Not terribly surprising, given the anticipation for the next launch in the fall, where we are expecting a big design overhaul. Apple also saying you generated also announcing it generated 7 billion in revenue on services, which is 18 growth from a year ago. This as the sectors ceo says he expects to double over the next four years. We spoke with our Bloomberg Contributor David Kirkpatrick and an analyst. David when you look at the quarter overall, it was fairly mixed. The one negative with the iphone numbers. But its one of those quarters where you can only put some so much emphasis on the iphone. You of course have tha