Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange record highs across the board as the dow is up 129. Session highs now. Absolutely. Were going to start with apple at fresh highs shares of the tech titan hitting records as three wall street analysts upgrade price targets on the stock mike molson upped his bet on apple from 270 to 290. Dan iefs sees it head for 325, and another raises to 290 from 280. Joining us, dan ives happy friday you too. Quite a run for apple from here, up 38 in the last 12 months, consequently up 30 in the last six months. Those first six months, wasnt doing much, what convinces you, is it mostly the iphone thats got that much more room, 24 or so from here to run . Great question. There are two components to the bull thesis, a lot more fuel in the tank one in terms of iphone 11 and 5g combined, i view it as a super cycle in the next 12 to 18 months we think you have 40
Coming up well talk with authors based here as we fir learn how the city was chosen as the states capital, and anyone 15 minutes the story of re olds and the auto company he founded in lapsing and then later well take a driving tour of the citys downtown. We begin our special feature as hear about james turner and the found offering lansing. The founding of lansing. James turner was pioneer. It wasnt until the state legislature designated this area as the new capital that he came with these other folks and helped build the capital. State had a slightly more expected, i sincible proven but we daytona that. We had nothing here. There was no transportation. They had several months to build the capital city. That was the very interesting, exciting and unique story of lansings beginning. The legislature established a state in about 1836, about a year before we became a state. They designated detroit as the capital but they were fearful that detroit could be easily attacked from the lake eri
Theyre doing it quickly. Green peace says theyre installing equivalent of a soccer field full of solar panels every hour of every day. We have 28 solar power plants in operation in china. And, three more are under construction. Maggie chao is executive president of Panda Green Energy it installed enough solar panels to power 40 million homes. Why are you build sowing many solar farms . We intend to bring a Better Future to our next generations. By using such clean energy, reducing the air pollution that is, the companys mission. It is also the governments mission. It is spending hundreds of billions of dollars to subsidize Renewable Energy as china tries to wean itself off coal. Still, it is dominant power source. And the reason for its notoriously toxic air. But china now produces 2 3 of the worlds solar panels has bond a major competitor for the u. S. Solar industry which employs quarter million american workers. Ben tracy, cbs news, datong, china. One of the most talked about plays
Posted on social media. Authority say the deadly explosion happened inside a train car, traveling inbetween two stations. Shortly before the afternoon rush hour. Smoke filled the core dose with passengers ran to safety. Authority evacuated several subway stations before shutting the metro system down completely. Dozen every emergency workers treated victims at the scene, and rush other to the hospital. Russian president putin was in saint petersburg, russias second largest city monday with a meeting with the president , to express condolances to the victims. Authorities are still investigating what caused the blast. This isnt the first time there has been explosion on russias subway system. In 2,010,000,000 people were killed in moscow with we mail suicide bombers linked to rebels detonated devices on pack trains. Russia has been on high alert lately for terrorist activity involving chechen islamic extremists. Teri okita, cbs news, london. New Jersey Transit train derailed this morning
Weight coming down the hill, you can see benind me the result of that closed captioning were also following a situation thats been going on near the stratosphere since about eight this morning. A woman reported being battered and officers tried with the suspect on philadelphia avenue but he refused to come out. Swat was then called to the scene. Metro police say its not clear if the suspect is the only person inside. We have a crew there and will bring you more details shortly. The president ial nominees did not hold back. As they went on the attack for round two of the president ial debates. And it didnt take long, for Donald Trumps sexually agressive comments about women to be brought up. Donald trump r president ial nominee certainly im not proud of it. But that was something that happened. Hillary clinton d president ial clear it to anyone who heard it, it represents exactly who he is. the nominees also discussed Foreign Policy and health care. Both Hillary Clinton and donald trump