Lutnick and doug cifu to tell us how the increase in passive investing is impacting their businesses. And macys is reportedly considering putting a part on the Flagship Store in new york city. Were so desperate for grass, i think people will go anywhere in this city, central park gets a little crowded and 34th, they could use some grass in that area. Go up to macys now, you can find it. But is that the thing thats going to get people into the store if theyre going up there . Anyway, the reason we showed you a picture of daymond john, hes with us today, of course, from shark tank and a very, very successful entrepreneur on his own, especially when it comes to branding. And were going to talk about branding in retail among other areas, coming up with daymond in a little bit. But first, we begin with this decline in oil today. Here go the inventory numbers, wreak havoc in the oil markets again. Jackie deangelis is at cnbcs commodities desk with that. Jackie d. . Hey, bill. Crude oil break
Cramer and david faber. Netflix surge. Stocks open higher as a big beat. Shares of Goldman Sachs are falling in the premarket despite what was an earnings beat. Dropping plans to replace obamacare. What that move means for the rest of the trump agenda, issues like taxes and trade first up, netflix is poised to open at a record high. Sub growth coming in much better than expected in the Second Quarter. That news overshadowing the earnings miss. Reed hastings on last nights Earnings Call. Anything notable beyond 5 million net ads in q2, alltime record for q2, up sequentially from q1. I think were seeing the rewards of doing great content, focused on the quality of the service are paying off. More than 1 million added in the u. S. Alone estimate was for like 600 k. People are wondering whether or not the shows are pulling subgrowth demand forward well see. I have to tell you this is one where i really this was a joyous Conference Call it was a great presentation. I found myself uplifted.
Nightly Business Report for monday, january 23rd. Good evening. Welcome. President trump got to work on his first formal day in the white house, the president welcomed the chief executives of some of the countrys most well known companies. With Business Leaders around the tashlg he pledged to cut taxes, wipe out regulations, and fast track u. S. Factories. He also threatened a border tax. Tonight from the white house. Reporter President Trump started his first workplace by delivering a carrot and stick message to the countrys top ceos. It included tesla, Lockheed Martin and dow kept, among others. The new president net ceos, if they create jobs, they can expect considerably lower taxes. But they were also warned that moving factories out of the country. A company that wants to fire all of its people in the United States, and build factories someplace else and think that product will flow across the border into the United States, that wont happen. Theyll have a border tax. A substantial
Better watch out, mark cuban. And that made in america spirit. This will be fun. She says that now. Whats ticking in their heads as they make those deals. Youve been willing to strip down in front of millions. The idea sucks. Dont worry. Its only the most important moment of your life. Their greatest hits, their biggest regrets. Now its time to talk about the companies that you missed. How you watching at home can get them to bite on your idea. Come to mama are you missing out on good deals, because of greed . What about those fights, real or not . Lori, that is such crap. No, it is not crap. Youre not the guy to walk away and walk off. So stick around, because tonight were all swimming with sharks. Swimming with the sharks. It is great to have you all with us tonight. And more importantly, its great to have the sharks with us. Its so rare to get you all in one room unless youre duking it out. Thats right. And actually, lori greiner is not with us tonight. Shes actually out, guys, work
Better watch out, mark cuban. And that made in america spirit. This will be fun. She says that now. Whats ticking in their heads as they make those deals. Youve been willing to strip down in front of millions. The idea sucks. Dont worry. Its only the most important moment of your life. Their greatest hits, their biggest regrets. Now its time to talk about the companies that you missed. How you watching at home can get them to bite on your idea. Come to mama are you missing out on good deals, because of greed . What about those fights, real or not . Lori, that is such crap. No, it is not crap. Youre not the guy to walk away and walk off. So stick around, because tonight were all swimming with sharks. Swimming with the sharks. It is great to have you all with us tonight. And more importantly, its great to have the sharks with us. Its so rare to get you all in one room unless youre duking it out. Thats right. And actually, lori greiner is not with us tonight. Shes actually out, guys, work