Chicago for what is moving this stock. Phil reporter melissa it is not just that the q2 loss was greater than expected, tesla losing 1. 12 per share. The estimate was for a loss of 1. 40 a share the estimates were all over the map, a wide range there. Revenue coming in at 6. 35 billion, a little shy of expectations it is the automotive Gross Margins that will get a lot of attention here they came in at 18. 9 . Remember, the concern was those margins were going to be squeezed as they were pushing out the model 3, was that push to make deliveries of more than 90,000 going to hurt margins coming in at 18. 9 when many people were looking for them to be at least 20 . By the way, thats down not only compared to the Second Quarter of last year but also compared to First Quarter of this year where both of the quarters, the automotive gross margin topped 20 . They do reiterate their guidance of delivering between 360,000 and 400,000 vehicles this year the shanghai plant is on schedule to open b
China, wealth gap, taxes, tariffs, immigration, all taking center stage at the Second Democratic president ial debate well go live to miami with reaction and a brand of china and for china. Nikes mark parker channeling abraham lincoln. The stock up 12 year to date and is about to add more today its friday, june 28, 2019 Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Happy friday. Im Brian Sullivan the imac, the ipod, the iphone, new headquarters, just dozens of innovations designed by sir jony ive who said he is leaving apple after two years with the company. Its a big move and a big surprise much more on jony ives exit in a few moments. First lets get you set up on the final trading day of the month, the final trading day of the quarter, the final trading day of the first half of 2019. We are higher right now. Dow futures up 98 points remember, we need 1. 6 now to get to that new high we got c
Collision on thursday night. Later she died of her injuries. A 14 year old boy was arrested on suspicion of causing death by dangerous driving. Hes now been released on police bail with strict conditions. Enquires continue. Rail services were continue. Rail services were disrupted once again today with thousands of workers walking off the job in a long running dispute over pay. Rmt members at dispute over pay. Rmt members at 14 Train Operating Companies went on strike with passengers being advised to check before they travelled. In some areas, they travelled. In some areas, only half of services were running. In other areas , there running. In other areas, there were no services at all. International news and polands Prime Minister says 100 Wagner Group Mercenaries in belarus have moved close to the polish border and he says could pose a threat. Matthias morawiecki threat. Matthias morawiecki warns wagner troops may pose as belarusian Border Guards and he worries infiltrate great polan
Low clouds will burn off somewhat by mid morning. Temperatures right now are in the 40s and 50s. Expect todays highs to be cooler than yesterday thanks to a strengthening ocean breeze. Look for afternoon highs to be 1015 degrees cooler than yesterday. That will mean upper 50s at the coast, to mid 60s by the bay, and upper 60s inland. Cooling continues thursday with a slight chance of rain for northern napa and sonoma county. Your mothers day forecast looks sunny and cool. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. darya our top story this morning. 26yearold garciatorres now waits for his punishment life in prison or the Death Penalty. mark he was found guilty of murdering morgan hill teenager sierra lamar. We first brought the verdict to you live at kron four news at nine yesterday morning. mark and today. Lawyers are set to discuss the penalty phase of the trial. darya kron 4s will tran is live outside the court house in san jose with more on whats n
Later, johnnt and kerry tells us by china must address its Cyber Security issues. Anathan it is referendum right here in the u k. Law prevents them from reporting on the voting or discussing or analyzing the referendum while we will follow the action beginning at 5 00 eastern time. A quick look at the markets. It futures in the United States are positive. Dow futures are up. The s p is up wonderful percentage point. The european rally continues. Up for the board, it is one of 49 very briefly today. Is 114. Dollar treasury yields are a little but higher. Now lets go around the world and check in with our team for indepth coverage. Francine is in london. Susan is join us in it new york. London. Moore is in jonathan lets pick it up with the data out of europe. We have some disappointing news in france. Lets bring in francine. Sub 50 is not pretty. We sell a 48 in there. 50ncine anything below indicates contraction. The matter what indicator you look at whether its employment or gdp, they