Why am i smiling, author of upcoming persuasion, lee carter is here, new mom as well. You look amazing. What a day for you to be back, too, i cant wait for calm, rational analysis of the war of words. [laughter] dagen former investment banker and nfl player. Record run, futures are pointing to, take a look, at hope this morning, 16point loss on dow futures, the earning season fully underway, jpmorgan, chase and Goldman Sachs reporting ahead of opening bell while fargo released quarterly number this hour, john, what are you watching for and what are you expecting . I think we will see fairly recent reports, you will probably see Companies Beat expectations, stilet not forget that the consensus view of Equity Analyst is in the Second Quarter we will see roughly 3 drop, we are seeing the first back to back decline by corporate earnings since early 2016, nevertheless, i dont think the current slow do you know will match the severity of global slowdown we had in 2015, 2016, so the market sh
Privacy concerns. And come at a claimed arrogant Silicon Valley ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We asked how it is impacting the broader crypto market. By first to our top story, it is big techs turn. Facebook, tesla, alphabet, all reporting secondquarter earnings this week. Amazon and alphabet reported thursday. For alphabet, it was all about sales and regulation. The founders weighed in. If you look at the way google gets revenue 85 of revenue in , google is from the ad business. I think given the competition they will be facing, you dont want to be in a spot where you have north of 80 of revenue coming from advertising. So i think they will place a bigger emphasis on the Cloud Business Going Forward. How much successful they have . It will be hard to say. They are facing massive competition against microsoft and amazon, who have had a lot of success and put significant dollars behind the business. So i think it will be something that
Stocks fell,n weighed d two prominent blue chip companies. Apple and boeing. Investors also spent the trading seion trying to figure out what the central bank will likely do following t strong jobs report that we told you about on friday. Well have more on that in just a moment. But first, the closing numbers. The Dow Jones Industrial average dropped 115 points to 26,806. Ase nasdaq down 63 and the s p 500 sli 14. Lets start with apple. It was the worst performing dow stock today after analysts at rosenblat securities downgraded shares to a sell. They cited the weakening demand for apples flagship iphone especially in china and also the potential for slower Service Revenue growth. E calling what they called fundamental deterioration in the sck over the next 6 to 12 months, and shares of apple finished 2 lower in todays session. And now to boeing which ovec the weekendved its first major cancelation for the 737 max airpla it came from a Lowcost Airline in the middle east. That sent the
Artificial hips heart fellows instance are all modern medical miracles but what happens when they dont work. You feel like a guinea pig for who couldnt. Escape the one thats made its medical products like hip implants and insulin pumps have to be safe and reliable in full. But for listeners. In europe alone medical devices generate 100000000000 euros in turn over every year. But this system is out of control and in this report well explain why. These devices can lead to serious medical complications or even death. You can see the pain in this mans face hes no longer able to work every day is an ordeal. Thomas was because back is full of plastic scrap an artificial disc in his spine has disintegrated into lots of tiny pieces absence and the pain is the worst when i lie down like when i go to bed at night the slums just ask my wife can one of its at some kind of hes also hes sitting on a pallet keg one of the pieces slips out back there and thats last month. Vaska is one of more than 100
Little love for libra. To take onzon plans its new highend echo speaker. Begin with that fresh facebook news. The ftc has approved a privacy settlement with the social media giant, fining facebook about 5 billion. This marks the most significant axiom yet against facebook over a series and send the company reeling from one crisis to another. I want to bring in kurt waggoner, who covers facebook for us. He joins us on the phone. In washington we have naomi, who covers corporate influence. We know about the amount of the fine, tell us more about any other Additional Details that will be coming along in the settlement . That is the key. Facebook had said i believed it was in april they set aside 3 billion for this very purpose and the fine could be up to 5 billion. This was something the company was prepared to handle. Made 56 billion in revenue. The additional will be the details on whether or not any agreement includes something that could limit the Data Collection the company has or an