Unexpected rant about gridlock in washington. Boy, was he well hear what he said. Well let you listen to it. And wells fargo shares are under pressure after the banks disappointing revenue numbers. The companys cfo will join us. And after the bell, paypals chief executive officer will join us in a cnbc exclusive. That stock hitting an alltime high earlier in the wake of its new apple partnership. Well get more details in the next hour. Lets start though with this news that broke in the last hour regarding sprint dow jones reporting that the Telecom Giants chairman engaged with Warren Buffett and cable mogul john malone about a cable investment those talks reportedly happened in sun valley, idaho, at the ellen and Conference Company conference where Julia Boorstin has been packing up and getting ready to go and hang around, julia. There may be more news breaking here so we all know that they were there but you havent been able to confirm whether the conversations we were talking about t
Some pressure across the board the nasdaq seven day win streak is in danger of getting cut short. It would be the longest win streak since february of 15 when we had ten straight mike santolli, another bifurcation in the behavior of the financials and tech today. You are seeing. That it seems on net the earning thats we have seen have not really given you reason for companies specific optimism. Goldman sachs trading down maybe just nothing fresh thats going to get your attention on the bullish side and then Johnson Johnson is holding up then you have the overlaf, you know, in Congress Things seem like theres not a the love forward omentum. Even though people think are going to get to tax reform the dollar weakening so much just throwing a lot of the macro stuff into flux. Bond yields down again usually not a bullish sign. At least its not the mine numbing lack of range we had yesterday. Yeah. Both on the major indices and the vix. That was creepy almost. Its exactly like suspended anim
Where are the drinks . Im ready. Welcome to power lunch, im michelle carusocabrera. You can see the dow is lower by 91 points and the nasdaq is managing in positive territory, Goldman Sachs and United Health are weighing on the dow following their ownerings and those two stocks are responsible for more than 50 point in th dows near tripledigit decline. On the flipside, as i mentioned, netflix is up more than 10 ity hitting alltime highs on the back of their results. Harley davidson is tanking 10 motorcycle maker says demand is slowing from the baby boomer Customer Base and well talk more about that ahead and chipotle is down more than 5 . A chain shutting a restaurant in sterling, virginia, after customers got severely sick after eating there that stock down 22 in two months and well speak to one analyst who unlucky for him, just upgraded the stock based on queso. Qu is eso. Cheese. The Gop Health Care bill is dead and now so is the republican plan for a straight Obamacare Repeal and P
They are missing the point. Microsoft has just confirmed that American Technology rules. The big five have the ideas, the profit and the growth. And, you know, that might be a problem for one of the big five, amazon. There are report that is the government is checking their prices. Are they really discounting . Thats a small scale investigation, but it may be the start of a pushback to the extraordinary power that amazon has acquired. In a moment, the full story on tech and the presidency on brink of a big win or a big fail. The friday edition of Varney Company can is about to begin. Stuart oh, look at the futures. Were down 50 points at the opening bell, 28 and a half minutes from now. Well check that market when it opens. Oh, dear. I told you a moment ago that microsoft reported stellar profits, and so they did. But the stock price is slipping a little after a big runup when the results were first announced. Profit doubled the, the Cloud Business took off, and were going to try to fi
Featuring ty dolla ign, and the legendary roots crew. Questlove racing through new york yeah steve and now, here he is, jimmy fallon [ cheers and applause ] jimmy thank you very much. Please, enjoy yourselves. [ cheers and applause ] amazing. Amazing crowd here. Thank you very much. Thank you. Welcome to the tonight show from orlando, florida, everybody [ cheers and applause ] oh, my goodness. Im your host, jimmy fallon. What a show weve got for you guys tonight. Jay leno is here tonight [ cheers and applause ] we love jay. Hes the only guy at universal who gets excited when the transformers turn back into cars. [ laughter ] you know what i love about the roller coasters here . You know that thing where they take your photo when youre at the scariest part of the ride, and then they sell it to you as a souvenir . [ light laughter ] its my favorite thing. Well, we decided to round up our favorite pictures of actual people here [ laughter and applause ] at the park [ cheers and applause ]