Pressure as always we have full Team Coverage right here, gene munster monitoring the facebook call on the red phone. Carter werth checking the charts on both the names as we speak. Let us begin with facebook the stock down a couple percent after hours on top of a 40 gain over the past year, there has been a lot going on with facebook the growing concern over fake news changes some of its algorit algorithms daily users coming up a little bit better than expected not by much, what do you make of it. They need to get ahead of the political rankering in the coming months. Mr. Cook was ahead of the curve there. But does the valuation make as much sense as it did in the past numbers were fine. You mentioned active users maybe we are not seeing the same growth as we have in the past. That is to be expected if people are spending less time, then the forward earnings rate doesnt make sense. That said, we were at 178, 179 a week ago its not that catastrophic. Heres my concern 2 billion monthly
The anthem and loads of rock n roll memorabilia are at the heart of a special exhibition on the band in london. Brent i am brent golf, it is good to have you with us. New hope for somalia, the government struck a agreement with the International Community to bring stability to the country. It will focus on training and building a National Army to fight against our shabbat militants. Al shebab militants. The secretarygeneral has high hopes that the decisions made in london will have a real and lasting impact. This conference was an unmitigated success. An opportunity to defeat terrorism and to establish peace. An opportunity to allow for the buildup of National Somali institutions and lay the foundations of a normal economic and social development process. These opportunities are possible because we have in somalia a government that has a strategy that makes sense and deserves the support of the International Community. Brent that was you and secretarygeneral antonio guterres. Other cha
Bit of a reversal as they try to figure out what comes next. A lot of people saying this is not a floor but a temporary reprieve. Was talking to david westin earlier about the idea of Financial Markets with a bounce today but i do not know if the political markets have a bounce. You see the Jeremy Corbyn conference. By no means do i feel and all clear. Francine when you speak to traders and market participants, it is very clear that they believe Central Banks will once again step in and that is why we are seeing a little bit of a bounce. Tom can i say quickly how cool it is to have Alan Greenspan one day and mervyn king the next . We are honored. Francine but get to the bloomberg first word news. British Prime Minister David Cameron meets with his fellow European Union leaders today for the First Time Since last weeks vote to leave the eu. He will be pressed on how he expects the u. S. To trigger article 50. Ruled himself has out of the race to succeed cameron as Prime Minister. He was
Said to be inside a Printing House not far from pariss main airport. The suspects are holding a hostage. According to a french lawmaker theyve told the police that they want to die as martyrs. One reportedly traveled to yemen for al qaeda terrorist training. Meanwhile, there is now a report that five hostages, this by the way is a live shot going on right now, that have been taken inside a cosher supermarket in paris. No other details are available right now. But we will be sure to bring them for you as soon as those details come online. But as you can see right now, this is a live shot of what is going on with the second hostage situation at a supermarket in east paris. We are now less than a half an hour away from the december jobs report. According to one survey, they added 240,000 jobs last month, that is less than in november. But would mean almost 3 million jobs were created in 2014. Thats the most in 15 years. Onto our other top stories, the European Central bank to help jumpsta
We are going be talking about it literally almost every 15 minutes over the next thee hours. Keep your eyes on attention on inflation. And the june Consumer Price index, economists say headline cpi likely rose 0. 3 . Also worth watching, existing home sales for june coming out at 10 00 a. M. Eastern time and sales expected to rise by 2. 2 there. A dip from jumps that we had seen the previous month. Joseph kernen, i see you staring at a screen. What do you see . Dupont. Its a couple of cents shy. 11. 17 was the estimate. Its posting 1. 15, but the revenue number is above, which will be interesting if they miss on no, its operating earnings of 1. 17. So right in line. Operating earnings, 1. 17. So in line with expectations. And the revenue number is slightly above. We were looking for 9. 7852. And i think we got above that. Maybe that is that Second Quarter sales . 9. 71. So maybe its in line with expectations. The dividend has been no, revenue is 10. 11. So sales, they obviously have so