15month low. Australia cutting rates, auto sales on the way. Roadmap begins with tim cook. He joined jim on mad money last night covered everything from innovation to china to revenue to the companys value. Global data driving futures. Well tell you what to expect on wall street today. And shares of aig down in the premarket after earnings. Peter hancock will join us live. First up, tim cook defending app apples latest results and the stock mired in a slump. He was on with mad money last night. If you talk about macroheadwinds, difficult compares dominant. Yeah. Currency, no new iteration yet. If youre going to be opportunistic wouldnt you say let all the hedge funds blow it out and then well make a statement . Well, opportunistic to me means you buy it when you think the companys undervalued. We believe the companys undervalued. All right. I got to get your thoughts on what he said and whether it changed your view in any way, whether it should change other peoples views. I think if yo
Lets kick it off with what everybody is talking about. Something is afoot in the twittersphere. The stock open down more than 20 after a stock report that left investors stunned. Wife that is for sure. Twitters first earning report disappointing analysts and investors. It is important to remember this is about a stock, not a company. 41 was slow going into the call. As i said earlier on bloor today, short sellers are probably covering but theyre keeping the stock from falling further. So they are potentially thanking the short sellers right now. Ok, so that if the stock, what about the company . The user Growth Numbers were not that strong. In fact, all of the User Engagement numbers cannot kind of week. Just the user growth alone at weak. Han 6 alone is just 5. 9 growth. All of the activity they got in the u. S. Alone. You have growth at less than 2 person on the user base. I think that is disconcerting for a business that is so much smaller than other Companies Like facebook. Acoma s
Decision. More importantly, the ecb, they will be issuing their statement a. M. Ecision at 7 45 a. M 7 45 this morning. Cut expect druggie to rate. Draghi to cut rates. We will have Michelle Meyer with us as we see this decision and press conference. Anything goes even what we have seen overseas with the markets. In the meantime, back here in the u. S. , the parade of earnings continues before the bell. Aetna, gm, 20th century fox, and aol. We will pay close attention to aol, because the ceo of the company, tim armstrong, will be on later with us. After the bell, news corporation, linkedin. The olympic guys begin today in sochi. One guy is trading three lightbulbs for a doorknob in his room. Data check. Equities, bonds, currencies and commodities. One screen today. Futures are up nine points. The yield is back up, a good sign. Calming the market at 2. 67. Your wreck euro goes nowhere. Here is what i am looking at ahead of tomorrows jobs report, dollaryen. Weaker yen over the recent mon
Top four spot the citys center back doubles into an interesting thought. It looks like that might not be enough to hold a slight international. In the eurozone and continued commitment to the Transatlantic Alliance goals were two of the main promises from taps by the macbook as she laid out her new Government Program she also says it was time to noah the countrys retirement age on to keep investing in infrastructure the defense behind him in time to deliver the governments bid to secure it and sitting down due to the effects of the recent skiing accident Medical Center coalitions agenda focuses on people most organizations. It includes transitioning into an economy pilot light mainly Renewable Energy by twenty fifty. She said this would take this with us in the burgeoning industry all households. I either find or comparable country and world just tried to change it to supply dramatically. William county chairman said the decision. Investors. Take me for the world is watching with inter
Uptai uptake thanks to supply reductions before year end. And lets twist again. The fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. The International Community blasts north korea after it successfully launches a longrange rocket, prompting an emergency u. N. Security council meeting. All right. A very good morning to you. We are going to be on to opec later. Weve got the latest i. A. Data out this morning. Theyre saying Global Oil Demand projected around 90. 5 Million Barrels a day. More than forecast. They say nonopec production bouncing back. An something bit. Theyre saying opec crude supply inched up in november led by higher output from saudi arabia. I think well have to call this today the case of the two oil reports. We have the opec report that they put out ahead of the meeting showing different figures from what the iea is saying. Theyre saying saudi arabia figures saying we produce less. Now the i. A. Saying they