Twitter shares soaring on a rumor the company is looking to build a Subscription Service a source close to the situation tells me that a Subscription Service is one of many Revenue Generating options that twitter is considering, but that no announcement in that area is imminent Ceo Jack Dorsey has said hes kicked around the idea of creating a subscription tier and twitter management has talked about building new revenue stream the focus on new ways twitter could make money as tiktok opens a new platform senator tom cotton warned americans against use ticktock. Secretary of state mike pompeo said late monday that the United States was looking at banning chinese social media apps including ticktock. Ticktock responded to pompeo by pointing to the companys new american ceo, former disney executive kevin mayer, saying we have never provided user data to the Chinese Government nor would we do so if asked. I want to go to dan nathan first. As i recall, dan, you had fast pitched twitter back
Then Investment Committee is ready to go. Halftime report starts right now. Good to have you with us. Our Investment Committee is here with us today. Want to get right to the markets where stocks have hit an air pocket within the last 30 minutes. About 100 points on whi s off ow on the dow and the ten year yield lowest since early february a spike in gold. And by the way, has everybody searches for answers as to what is going on, karl says that iphone sales in china may fall by 40 to 50 in february and march compared with the same period last year so we have to keep our eye on all of that. Goldman sachs wonders whether were all underestimating the impact of coronavirus on earnings and the market at large. Very possible we could be and i think that it is important to remind everyone that it is a lot of fun when you have five or six stocks that are so gigantic that rallies in those names take the entire index with it but when people get concerned about for example an apple and take the n
Mike khouw has the strategy to capitalize on that sipgsing feeling. Its time to risk less and make more options actions starts now we kick things off with the head line that rocked wall street the hedge fund that just had a Million Dollar pull back the whole back and forth got us thinking if youre betting on a pull back, what is the best way to play it right now . Dan has got some ideas it really depends on time horizon. Im sure bridgewater is involved in lots of trade options all the time it could be hedging, directional, who knows what the heck it is the when you think about a head line like that, a lot of traders and investors were talking about, it gets me thinking about, lets look at the prices of options right now u with the stock market teetering at alltime highs we have a little more than one month left in the year theres a chart of implied volatility in the spy, the you s see that its trading near oneyear lows. I think viewers will understand that those spikes correspond with
Cnbc news lauren hurst was the first to report this story she joins us now. The attorney are prepared to expand their probe beyond the companys advertising business to its search business, people familiar with the matter tell me texas which is leading the probe announced the investigation earlier this year but so far, the investigation has centered on googles advertising business texas has issued subpoenas for materials relating to that business now other states will lead the charge in investigating Google Search and android units separately people familiar the with the matter tell me they will issue subpoenas on those businesses. The attorney general investigation is running concurrent to a doj led inquiry which google confirmed earlier this year. Lauren, just quickly, what is the implication of separating an investigation into search versus android. Reporter so the key point is they are very serious about the investigation. Its not shocking they would be curious to learn more about e
Facebook, is there still too much risk in the stock and differ devidend darling. Ten stocks making big gains. The Halftime Report starts right now. Welcome, good to have you with us on this thursday our vichlt committee, joe turn know, Jim Leventhal and pimco portfolio manager. Nice to have you back. Lets start with the selloff of stocks, it was the worst day for the s p. Chicago pmi number going cold water on things may be bottoming. Josh, about to come in today, apple good, facebook good, earnings pretty good wow that pm movement, 43. 3 versus an estimate of 48. 5, the worst since 15. Are we reassessing now once again . No, because we had a rate cut yesterday. Well it may pause now the s p 500 hit an alltime high yesterday its down marginally today if the stock market went a point a day, no matter what, wed number a bubble. So we backfill perfectly natural. I think there are those that hit prior levels one could be the kre, regional banks down today double sfs on the session. They ju