Welcome to squawk alley. Im jon fortt. David faber and Morgan Brennan are here a lot to get to today, including winners and losers from last nights Golden Globes. Well begin with todays market drop, though stocks are off the lows, actually at the highs of the session. Bob pisani has whats driving todays down swing and maybe swing a little back up more than a little. We almost went positive a few moments ago on the s p 500 heres the intraday. This is similar to friday. The low print but v was there at the open friday we tended to have faded into the middle of the day, looked more like that. Well see if the same pattern happens. For the moment, we touch even going on the s p ill show you the sectors here cyclicals tend to be most affected energy on the upside today mostly the big integrated companies that are up, shale down, e banks down but off the lows same with transports not a good day for the transports overall retail is down, but again, off the lows thats the general pattern you se
Apple att price for 300 per share. But first, to our stop our top stories, a u. S. Air strike that killed one of irans top. Ilitary officials in the wake of the attack, the director of the u. S. Cybersecurity and infrastructure warning agency, heeded urging the public to brush up on iranian tactics in order to Pay Attention for political systems. Fromscuss, we are joined boulder colorado were tom telemann and in studio bloomberg. Eporter want to start with you. Thank you for joining us. I often read that iran will respond to our sanctions and increasingly it now looks like cybersecurity. It do you see increasing Cyber Security threats . Organizationst are constantly being bombarded by iranian actors, anyone who has the capability. The question now after the attack in what way does that change . In what way might new tactics me in play and how exactly the major glands Major Companies and organizations that manage or control system respond bolster their defenses . That iran will be respo
Will the tesla turnaround continue . And price targets for apple raised to 300 per share. Rbc and bank of america. We will discuss the optimism of iphone sales in the holiday quarter. But first, to our top stories. A u. S. Air strike that killed one of irans top military officials. In the wake of the attack, the director of the u. S. Cybersecurity and infrastructure security agency, heeded warning urging the public to brush up on iranian tactics in order to Pay Attention to critical systems. To discuss, we are joined from boulder colorado by tom telemann and in studio bloomberg reporter. Want to start with you. Thank you for joining us. I often read that iran will respond to our sanctions and sometimes it has been the in and increasingly, it looks like it is cybersecurity. Do you see increasing Cyber Security threats as you have been covering them . I think there has been persistent threats. I think most organizations are constantly being bombarded by iranian actors, russian actors, ch
Are accomplices and partners in the war crimes of this regime. Boss at the beginning of todays public session, the Islamic Council called the zionists crime last night a horrifying genocide against the oppressed Palestinian People. The zionists revealed their ugly face and bloodied hands to the world and showed that human rights and institutions in our era have become completely meaningless and featureless words. The era of writing statements and expressing false regrets is over and the world is waiting for practical measures. Mr. Qalibaf said that the whole world is expected to rise up to give criminals, muslim and arab nations expect from their governments in addition to condemn these crimes and put concerted practical measures on the agenda to stop this war machine. The zionists are opening the gates of hell with their own hands and filling the anger of all muslims. After the speaker of the house of representatives speech condemning the crimes of the zionist regime , they gathered i
and tonight there is frankly no other way to put it but america is in rough shape and joe biden, your president, he s pretty much the one person you can blame. now, our soldiers, they are under attack, biden does little to respond. cargo ships are targeted by terrorists while joe just looks the other way. the southern border has been an unmitigated disaster for 3-plus years and biden, he just pre tends that all is fine. the economy is in an inflationary nightmare but the president says it s never been better. but these are just a few of the very serious problems that the president now has to face ahead of 2024 and biden will also need to contend with a looming impeachment proceeding that has been credibly accused of public corruption, he has been and the evidence of wrong doing that is substantial although the media, as usual, just wants to cover for all things biden. now the bottom line is vice-president joe biden took official actions that benefited his son and his son s fo