Folks. Also all of this as the Justice Department filing a historic lawsuit against google accusing the company of stifling competition in the online, in the search world. Well have details here. Produce what it means for your portfolio. That and much more on making money. Charles major indid i sees holding on to gains but there is a pattern fading toward the bell. Earnings including higher guidance in the Current Quarter from key names like proctor gamble. Youre biggest winner of all stocks in the s p, kohls. Continues my theme of investing in brick and mortar names. One of my guests agree. If there is any mercy, it will come to a halt today, deal or no deal. Get it over with. As smart folks are bringing about all of this. Talk to them now. Eddie gabor. Dani hughes and federated Portfolio Manager equity steve chef a rohn. By the way i hope this is the last time we ever have to talk about this topic but lets do it. Lets handicap the stimulus saga. I will start with you, eddie, what hap
Resee recovery in retail sales dow down 271 session lows 59 minutes left of trade the nasdaq has been the underperformer is actually off its lows were kind of moving around, as we speak, in the final hour. All the major indexes are lows ahead on todays show, well speak to mike sievert. Well get an upgraciointergrac sprint and the president of the university of arizona will outline his plan for the fall semester as cases and hospitalizations rise in that state. Well focus on the big stories were watching at this hour Steve Liesman with details on todays jobless claims will is digging into Big Bank Earnings and meg has details on johnson and johnsons results. But, steve, start us off with the jobs picture. You know, were getting two different stories from the jobless claims one of improvement and one where the improvement has kind of flat lined. Well take a look at the numbers. Claiming coming in at 1. 3 million. Above expectations dow just 10,000 on the weekly jobless claims thats kind
Earlier today, then pulled back from that. We have a lot going on. Were awaiting results from this hour that can shake up markets tomorrow with the netflix numbers coming out. First of tech titans to report Quarterly Earnings this season. First time for a company that will have numbers where we can compare it to disney plus. A lot of people looking at that. Melissa thats a big story. Then overseas President Trump sitting down with Global Leaders at the World Economic forum at davos praising his economic record while back on capitol hill the Senate Impeachment trial is officially underway. Well bring all the breaking headlines this hour. Connell as we go into the netflix numbers, just starting to cross right now, lets bring our panel in to talk about them. Scott martin joins us from Kingsview Asset Management out of chicago. Liz peek columnist here in new york, both liz and scott are fox news contributors. The numbers as they cross, netflix revenue 5. 7 billion in most recent quarter is
Comments on the call, disney ceo bob igor stressing that the lower than expected results on the quarter are results of the big changes he implemented at the company, both foxs acquisition and disneys pivot to embrace the direct to consumer business theyre investing in right now igor Just Announced consumers will be able to subscribe to a bundle of their services for 12. 99, they will get hulu, espn and disney plus, worth noting it is the same cost as netflix. Take a listen to his comment here. Our results reflect our efforts to integrate the assets, businesses and talent we acquired in order to enhance and advance our Strategic Transformation implementation of the integration plan is well under way. A complex process given the magnitude of the endeavor, and we remain confident in our ability to successfully execute our strategy reporter cfo Christine Mccarthy saying that the acquisition of 21st century fox and taking control of hulu will have a dilutive impact on the fiscal First Quart
Trending the schumer sellout. Schumer is ultimate loser in all of this. I want to give republicans credit on messaging. Using his this with humanners e is working well. Saying he was funding against the troops and childrens healthcare. Government shutdowns never work with the people pushing for the shutdown. Charles a new yorker article at 4 00 p. M. Said republicans won the shutdown battle but may lose on immigration. Chuck schumer blinked and you have to wonder why he fought this fight in the first place. It was a charade aimed at two groups. The democrats had to cave because they didnt have the leverage and Public Opinion was turning against them. According to the latest Harvard Harris poll, 60 of americans disapproved of a shutdown for daca. The democrats position according to the American People was indefensible. Charles the media kept criticizing the president for in the weighing in. Of course, we dont know we did behind the scenes. The media is not only foiled because the democr