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Scooped all the bears. Thats where our road map begins this morning. The inflation picture, of course, is what were talking about. Weve got wholesale prices increasing less than expected, as jim just said. Two banks also lowering their rate cut expectations. Thats off of yesterdays cpi news. Were keeping an eye on big tech as well. Nvidia shares, theyre bouncing ahead of the open. Jpmorgan, lowering its apple price target, and you just heard from amazons andy jassy, saying so many Different Things, including the fact that hes committed to costcutting while investing in a. I. Plenty of other stocks to track this morning. Nike, airbnb, chevron, occidental. Well go through all the upgrades and downgrades. Lets get to the Broader Market here. First, lets get a reaction to ppi after yesterdays selloff on the cpi. There was a lot to like. I think theres a lot of confusion about these numbers. I find that whats happened is that yesterday, there were a lot of mistakes in the data. What do you
Road-mapRate-cutBig-techBroader-marketGetting-goodRichard-fisherMan-chicagoLike-peoplePeople-buyEveryday-essentialsGreat-thingsMillion-peopleYou are watching Market Makers. I am excited today. In just one hour i will be heading to the Second Annual robin hood investment conference. After one week of complete market turmoil we have the biggest investors in the industry. How was your weekend . Stephanie went north of 59th street . Ask for food i will travel. I will travel. We have the top business story of the morning. Shares of ibm are falling, big news is that they will no longer reach their earnings forecast for 2015, they will come out with a new one in january. Ibm is struggling as the industry shifts to the Cloud Computing. Meanwhile the company has unloaded its moneylosing chip making unit. They will pay global boundaries 1. 5 ilya and dollars to take their business off of its hands. The chipmaker has been a drag on earnings. Venture capitalist Mark Andreessen has officially resigned from the order ebay. He says that their decision to spin off their paypal unit marks the right time for him to step down. He says he has
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