Apples stock down. Suppliers like this. The apple watchmaker getting a nice jump. A whole new review. Time now for the morning brief. Apple had an announcement yesterday. Unveiling a 999 iphone. The iphone 10 is the most expensive phone ever from apple was one of three new models tim cook showed off at an event at the new headquarters. The event came on the 10th anniversary of the launch by steve jobs. Phone, and an internet communicator. Are youphone getting it . These are not three separate devices. This is one device. [applause] iphone. E calling it today apple is going to reinvent the phone. Tim cook said the new phone signals the next era of smartphone evolution. Iphone wet advanced have never made come a new design, face idea, true depth camera system, and more powerful technology than we ever put in an iphone before. It really is the future of the smartphone. The big question, will these new products impress customers and investors. Great to have you with us. Adam, lets begin wi
Laventhal, josh brown. Jamoof has views on a whole number of Popular Companies and ones you might not have heard of yet but soon will. Its good to have you here did this go as you expected . It went way better than i thought it could go, quite honestly our whole goal was to fix a liquidity problem we see in Silicon Valley, which is employees are churning out of companies at faster and faster rates because they dont see a path on being compensated on what they believe is a fair mechanism. Its a bunch of issues with the traditional ipo process creating this log jam when we see that, as entrepreneurs tend to do, they try to unpack and fix it being able to reverse merge a lot of these companies fixes a lot of whats wrong in the ipo process. So it was oversubscribed by a lot, right from what we were told from Credit Suisse, it was the most oversubscribed spac in history. And there have been 20 to go public this year and thats the highest number since 07 why are these back in vogue and so po
Move in the last few. Emerging market stocks are up. 14 basis10 year is up points. Thats a big move. David coming up, its personal income and spending data. At 10 00, we get data for the month of september. At 11 00, we have a full week of fed speak. That. Ill be talking about we turn to emma chandra. Emma President Trump is promoting his tax code to the National Association of manufacturers in washington and the 6ased outlines of trillion plan. You can watch the president remarks at 11 25 a. M. Eastern. Federal immigration Officials Say 500 people arrested during a sweep the targeted sanctuary cities. Almost two thirds of those arrested have criminal records in the United States. Theresa may is in estonia. This is ahead of the meeting, she spoke about frexit negotiations. They have made their lives in the u. K. I want them to stay. Weve been negotiating for that. We want their rights guaranteed as well. Is interested in the defense of your. The bank of england told bbc radio if the ec
Cash flow turns positive in the industry segment is that enough there were notes about you are the bynes. I dont understand what happened maybe John Flannery can understand whats going on thats an issue. Things are trending to a 1. 70 so much for the 1. 80 and one time two bucks is it disappointing . I think there are people that felt that he would go out on a high what he did was he went out as the business is and theres no shenanigans, theres nothing just a very honest look at a group of companies, health care but natural oil and gas, not great and terrible so air space, when you line it up against honeywell another 3 organic growth fabulous and you are what your record says you are. Flannery starts august 1st. They do back the prior guide of 160. Its just that 160 is now i was hoping they would trend toward the higher. 2. 19 is not happening . I dont think my view would be they have to take that off the table but it was never really on the table. It was wishful and i did not think w
I worked in austin but we would have to drive to the coast whenever there was a hurricane coming. This is intensifying rapidly from 35 miles an hour to 60 miles an hour in reaching category 1 or category 2. All the Tropical Storm warnings are being issued surrounding brownsville, Corpus Christi and houston. This could be potentially catastrophic rainfall with over 20 inches of rain, hanging out for quite a while. Any travel plans for the texas coast, you would probably want to change those. We have cooler weather and clouds with a good breeze, temperatures being held down. When this kicks out it allows the High Pressure to build in tomorrow. Low clouds with a bigger push on fog with onshore wind for many and cooler for those on the coast. Bodega bay temperature down at 55 with low clouds filling in for just about everybody. Wind gusting up to 39 a few hours ago. 58 at Half Moon Bay, livermore, novato, everyone close in temperatures. Santa cruz 58, cupertino 59. A bigger fog bank equali