What your technology does. It only matter who uses it, whos the customer thats what i keep thinking. Today another sedate session, s p inched up. Nasdaq. 04 need a microscope here we keep learning this same lesson about technology over and over and over again in this elongated earnings season, and its pretty jarring, because normally we care about what technologies actually does, if its helpful, if it increases speed or accuracy or power or productivity, well, it tends to be a suchls. Buy, buy, buy if its clunky and dead on arrival sell, sell, sell not these days, though. These days wall street only cares about who your customers are. Good, bad, as long as youve got the right end markets, your stock is going to be worded. Lets use roku, okay, and cisco. Roku sells to the consumer, sells to you their Technology Helps you stream videos directly to your tv cisco is a networking company, a colossus that sells to what is known as the enterprise, giant complex companies that need to connect
Barbara duran from bd8 capital markets. Thank you for joining us today weve got a lot of forces at play again another kind of side waist market, but some Risk Appetite if you look at whats moving higher today i agree with that i think that the action has been very constructive. And i think whats going on is youve seen the earnings expectations come down you had just a little sample last week, but majority of Companies Beat earnings and the most important thing, i think, was jpmorgan and American Express talking about the strength of the consumer in loans and spending and thats really the underpinning to the economy. And so we also know the fed, they have a meeting coming up. Im not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. And not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what weve heard so far but so far, its been okay maybe rest
Overnight in asia. The nikkei higher by 1. 1 . Hang seasoning up 2. 3 and shanghai up. 8 . Youll also see green arrows in europe the dax up 1. 9 . Cac is up. Gains for italian stocks too in the treasury market, at this point, 10year yielding 1. 67 . Twoyear at 1. 551 30year up at 1. 61 . Iranian Officials Say two missiles trunk an iranian tanker in the red sea crude prices, as a result of this, they are jumping up close to 2 wti crude now 54. 47. They are saying that damaged two store rooms aboard the tanker and caused an oil leak that attack happened about 60 miles north of the city jeda six months after the attack of the oil tanker in hermuz and the saudi attack never good to conjecture anything they have been the attacker and you wonder was there Something Else going on because they didnt point fingers, you wonder. Was it a screw up but we have no idea. No idea they were attacked by someone. Who knows. Two missiles hit a tanker that much we know. Lets talk about the trade headlines.
Active and retired members of the military. That number, 2027488002. You can also catch up with us, via text. 2027488003. If you do, please include your name and where youre from. Otherwise, catch up with us on social media, on twitter. On face books. Host very good Tuesday Morning to you. You can start calling in now. In terms of how this all has unfolded, the pullback announcement came late sunday night in the form of a statement from the white house. This is what it said. Turkey will soon be moving forward with its longplanned operation in Northern Syria. The United States armed forces will not support or be involved in the operation. United states forces having defeated the isis territorial caliphate will no longer be in the immediate area. The statement went on to say that turkey will now be responsible for all isis fighters in the area captured over the past to years in the wake of the defeat of the territorial caliphate by the United States. That led to a lot of questions for Pr
Stocks testing critical levels durab durables, though, were fought good ten year 176 our road map begins with twitter. Tanking as you know. Tesla up big two big movers on this busiest day of the season. Amazon and intel report tonight. Plus the 737 maxes are taking a big hit. The ceo will join us first on cnbc. Beyond bearish bets mount ahead of the companys lock expiration and 3q results. So lets start with two big movers in tech tesla is surging after surprising a quarterly product delivery and cost cuts they expect to deliver more than 360,000 teex e vehicles th vehicles this year ted segal, on a weak revenue guide, despit daus that beat consensus up 17 the buck in the ad product, jim, that kept them from basically getting good data to share with their ad partners, took 3 points off the growth. Very self inticketed wound. Ned segal comes to realize as a cfo the spokesperson for the firm, you know, i come back and i say, look, it is still a must buy if you want to introduce the joker