All of that is ahead on bloomberg west. First to our lead, shares plummeting and extending in extended trading after a disappointing report. You cover has seen, youll been following this quite closely. Last quarter it was down, and it is down even more. The big revenue type number is gross. In the Second Quarter it was up about 25 . That is slower than it was in the first quarter, which could be why we see investors telling off tears right now. Shares right now. When google reported its results they made some changes to algorithms. Are we seeing any results of that algorithm a change . That specific question like on the call and i will be paying attention to that. The company has been promising growth, especially in International Markets. They have this global expansion. They are not eating a larger percentage of sales coming from the International Markets right now. Theyre looking to really convince investors that the new ipo growth story is the one they should be buying into the ecom
Thanks, simon. We begin this hour with trading troubles in the market. The three big areas were focusing on macro, fundamental and technical, and dominic chu will lay out the bull and bear case for each. Dom . Theres strong and theres a lot of them on both sides of the equation. Sure. Lets talk about the macro Bigger Picture scale first. First of all, you have at least whats perceived to be some economic strength or resiliency. Maybe not robust growth. Still, in the eurozone and the u. S. , yes, i know the eurozone is stepied at best and may be slipping back to recession but its holding in there and the u. S. Holding it better than most economies out there. Thats kind of the bullish case if you want to see it that way. Take a look at china though. Slowing growth there. Growing faster than any of us out here, but, still, that slowing growth may be a huge case for the downside of chinas economic woes really deepen as the market it your miles condition. Lets take a look at whats happening
Maintenance, aviation intelligence. And i think that you will see nato come on board as we continue to build on the capability of those forces. We are willing to stay a little longer if need be. I think that we are waiting to see where the u. S. Is going to go. Every day we are assessing that. Another my Senior Leadership at the end of the fighting these individuals, we will make some decisions in 2016 and beyond. Thank you very much. Our question about the Afghan Government. I would like to ask one about the region and then we will wrap up from there. We have talked about how abdullah and president ghani are doing. We have heard reports about how long it has taken for them to be formed. Could you just explain whatever you think are the most important highlights. In the broader question is how well are they doing twomac are they starting to make headway or is this sort of capping these tensions that are so severe that they could explode at any given time. I think that this is the best
Certainly a good year for studios. Good for the movie business except for tomorrowland. Well wait for the star wars the force awakens set to debut december 18th. Interesting to know when they will release it in china. Why . Because the Chinese Market is increasingly more important with regard to film studios. Well look at espn. That is about 30 , makes up about 30 of the stock price for disney, espn. There are suggestions when they spin it off into a streaming service, basically, continuing with the cord cutting theme. Lots to look forward to in the report comes out, twice. Well be all over it. Melissa absolutely. You mentioned the stock at new alltime high. Up 28 before that. Really richly priced. Ashley, thank you very much. Well get back to you as soon as the number comes out. David disney on a roll. New fox news poll highlighting breakouts and shifts in support for top president ial candidates heading into thursdays crucial gop debate. Blake burman with the numbers from d. C. Blake
Now to a developing story, the rocky fire raging on this morning, more than 62000 acres charred at this point and that fire still just 12 contained. Here is a look at where the fire is actually burning, evacuations are underway with more than 6300 structures threatened near clearlake. That is one of just one of 20 wildfires burning in the state of King Abdullah right now. Its definitely one of the largest of those fires. Kris sanchez joins us right now. Reporter veteran firefighters are using words like unpress depped and erratic and part of the problem is that this fire is burning in an area where there have not been any fires am recorded hi ri. The fire is voracious, continuing to grow and deny all efforts to contain it. Although firefighters did hold the line at 12 containment, the fire jumped a major fire line, the flames spread across highway 20, winds pushing the fire north towards thousands of homes. Highway 50 was supposed to be a natural fire break. Cal fire says that the fire