Guidance plus media moves warner bros. Discovery missing airbnb shares are also falling ahead of the opening the company sees robust demand for travel, but its guidance disappoints investors. The ceo will join us in a few minutes. Lets begin with a few momentum names today, including one of the beneficiaries of the a. I. Boom, and thats arm holdings, down sharply as guidance comes in below consensus. But shares of the chip designer still up 90 from the september ipo price of 51 a share revenue up 47 licensing up 60. Yeah, look, i think that rene haas will be able to tell a good story, that there was really one question on the Conference Call by a goldman analyst whos very, very good, which knocked the stock down, which explained the dow is a 70 sequential problem when it comes to the some of the royalty arrangements they were basically saying, david, that it was internet of things and automotive. That is not unusual. That is what everyone has been saying, like on semi has been saying t
One that moved stocks, if not the markets themselves. Theres one stock on the move today, apple, another all time high. You know, josh, this is becoming a recuring theme. Market opens, apple hits a new high. Qs hit a new high. Heres whats interesting about apple that i dont think a lot of people have proseccoed. Apple made a market cap all time high in february 2015. And then even though price continued higher eventually, its not until friday that apple repeated and made a new market. Thats because of all the buybacks, so it really took two years for apple to become worth more than it was in february 2015 and now were through that level, 790 billion, the most astonishing thing i could point out, this was a stock that is now up 31 year to date. Far outpacing year to date anything going on with the dow, s p, people thought this was a consensus. It will do what the market does. Very, very far from it, my friends. Wyche, this is becoming get in the way of this at your pe l peril. You came
Do you see any of your candidates really struggling to separate themselves from the controversial nominee . Rob first, greta, thanks for having me. Michelle, it is always great to see you. Unprecedented is a good description when talking about the cycle. The chamber for 104 years has led the fight to defend the American Free enterprise system. I do not think there has been a cycle where that has been more important. We rely on a network of 1600 state and local chambers to help us localize the impacts of federal policy. So this cycle we involved , ourselves historically early who have of candidates the ability to win the political election but also have the courage to govern and get things done. But is really our goal in this cycle to be involved vigorously 2016 in the primaries. And as we find ourselves 30 days before the general election. Matea and so tell us about how much you have invested, and are you seeing candidates separating themselves from the nominee if that is hurting them
That is not going to take place because of the slowdown in china and what that could mean for the economy. Also lets look at european equities at this early hour. You will see now things are in the green. Dax up about. 2 . The ftsi about. 3 . And opec ministers meeting. A live report in a bit. And todays squawk planet. Waiting to hear from the ecb. Decision due at 7 45. Followed by a draghi News Conference about 45 minutes later. The central bank expected to keep rates on hold but perhaps raise inflation forecasts. Two notes. Adp private payrolls due this morning. The private sector forecasts have added 170,000 jobs in maybe. Adp not always a reliable indicator for the jobs number but last month correctly fore shadowed. And a pair of central bankers to watch. Fed governor jay powell and rob caplan both speaking. In Corporate News uber in the biggest 3. 5 billion. That is just the total in saudi arabia. The total i think 5 billion. Ride sharing most recent funding gives uber a valuation
The country safe in the wake of the San Bernardino attack. The fbi is now investigating the massacre as the deadliest act of terror on american soil since 9 11. Well speak with the chair of the House Homeland Security Committee Michael Mccaul in a moment. But first we have fox team coverage. Will carr at one of the crime scenes in california. And kevin cork at the white house. Kevin . Reporter good day to you. For the first time in over five days the nation will address the president from the oval office. And address we are told that could last about 20 minutes. And we are told by the officials that the American Peoples safety and security remain his top priority. We expect the president to highlight increasing security abroad and hell call for sensible gun reform legislation. And we got a bit of a tip of the hand on that in listening to his weekly address. Nofly list can walk into a store and buy a gun. Thats insane. If youre too dangerous to board a plane, youre too dangerous by defi