Lab. Opens his largest campus to date in india. Company is to capture the thecompany is to capture the ecommerce market and in coming years. Now, to our top story as the trade war rages on, seems like apples ceo might be making progress in getting the president s ear via phone calls. That is what President Trump told reporters. Thats before he departed for kentucky. Take a listen. Pres. Trump he is the one that called. That is why he is a great executive. Because he calls me and others dont. Others go out and hire very expensive consultants. Tim cook called donald trump directly. I would take their call, too. Hes the only one that calls me. He calls me whenever there is a problem. Emily President Trump, talking about tim cook there. To discuss this and more, i want to welcome cathie wood. So great to have you here in the studio. What do you make of tim cooks approach . Cathie i think this is good news for apple, for technology. Emily the president has the denied some of apples formal r
Undermine hong kong protests. But the company says they are doing about it. Our conversation with a. C. L. , one of text most controversial companies. Alex tells us why protesters will not stop them from doing business with the Trump Administration. At first, the u. S. Announced it would extend in mind that detected Rural Networks from doing business. This comes as the trade war rages on. Is taking concerns about possible tax straight to the top. A move that has impressed President Trump. Pres. Trump he is the one that calls me. That is why he is a great executive. He calls me. Out and hire expensive consultants. Tim cook calls donald trump directly. Pretty good. I would take their call. The only one that calls me is tim cook. Whenever there is a problem, he will call. Whoe spoke to kathy would invests across the tech sector. Wantshink this president u. S. Companies to succeed. I think at the end of the day, this is part of negotiations and just that. It will end in lower tariffs overa
Sector mike looks for the sequel to that movie next week its time to risk less and make more the action begins now. Lets get right to it it was the rate shock heard round the world. The tenyear rate falling below the twoyear rate. The inversion seen as a recession indicator. The dow saw its worst day of the year, but carter says fear not it could spark a big breakout for one stock heading into earnings next week carter focus on home depot we know homebuilders as a group, the actual builders, have done nothing for three weeks, but thats called out performance compared to the market, and its probably because of rates. By all accounts, its because of rates. Home depot, if earnings next week, i think you can draw the lines as follows you have selloffs. This is a very precise selloff in terms of days down, 11 , and this is 9 whats really important about those two selloffs is that they both came to rest at this trend line and im going to make the bet that were going to come to life again off
Retail sector. Mike khouw looks for the sequel to the movie next week it is time to risk less and make more. The action begins now. Lets get right to it it was the rate shock heard around the world, the tenyear treasury yield falling below the twoyear yield since 07 it sent stocks spiraling this week the dow saw the worst day of the year. Our chart master carter worth says fear not, the yield break down could spark a breakout for one stock heading into earnings next week. Hes at the plasma to break it down for us. Carter. Going to focus on home depot the actual builders have done nothing for three weeks but it is called out performance compared to the market and it is probably because of rates, by all accounts because of rates. Home depot, earnings next week think you can draw the line as follows. One way to draw the line, you have selloffs, right . This is a very precise selloff in terms of days down, 11 , and this is 9 what is really important about those two selloffs is that they bo
Until the close, cnbc contributor stephanie link from tiaa a nuveen company. Welcome, stephanie thanks. Energy doesnt usually lead this market but is today on the oil bounce and questions about whether thats sustainable and given sort of the scale and increase in tensions whether the move is big enough to bring back the sector and commodity trade i dont know. I really dont because its been a tough industry for the whole year. For a whul of years now. So this is really more a supply issue concern. I think the Biggest Issue for oil are demand and the demand environment has been slowing and the revisions have been lower. So with that as a backdrop this might be just temporary. You would have thought oil would have been rallying much more than it did. I spoke as well about 20 minutes ago to one of the senior traders at one of the major investment banks and said was pleased to see the algos didnt disrupt the market when pompeo came out and clearly blamed iran on that. That could have been a