Shazam is this an Artificial Intelligence play . Were going to look. Whats to buy ahead of tax reform debate on whether Airline Stocks could be the big beneficiaries of any tax bill. But we do start with the story thats taken wall street, main street, any street, frankly, by storm, and that is bitcoin. Bitcoin futures popping in their first full day of trading on the cboe Cnbcs Bob Pisani joining us with that story. Bob, everybody is talking about it. It is and its finally happened the good thing is at least trading has happened and relatively orderly we passed 18,000, folks. Bitcoin futures opened 6 00 last night eastern time, 15,000, moved up very, very quickly. Here you see its over 18,000. So its been small, 3,600 contracts, figure the math here. 17,000 p 17,000, 18,000 about 60 million. Thats not a lot but its a start at least heres whats important. Lets go over what exactly a futures contract is, why this is so important first of all, its just agreement to buy or sell a commodity
You go out no, i dont. Various market milestones today. The nasdaq crossing 7,000 for the first time and the dow closing in on 25k for the first time although were well off the highs right now. Tax reform hopes, and a series of deals this morning seem to be helping sentiment today. This is the first time ever, by the way, that the dow has gained 5,000 points in a single year. We began the year in president 19,000 range and now were well into 24k. Its just crazy theres no other word for it nothing like bitcoin, though, by comparison, it seems tame. We have people who are going to tell you where to make more money in the sfarkt cotock markg up in a few minutes. Is utilities are the biggest loser today. We have a debate on whether the bitcoin boom could help drive utilities higher talk about some of the power usage. Thats a hot topic. Recode calls him one of tvs most important executives. What espn had john skippers resignation announced today means for that sports giant and for disney ov
But if greece does go bankruptcy or decides to leave the 19nation eurozone the greek debt crisis is certainly certainly going to create incredible instability. Including here in the United States. And theres also an option of greece deciding to test the willingness of aggressive regimes in russia or china to bail them out should talks with europe and the imf fail. For all of those reasons, investors hopeful that a deal will emerge in the days ahead that will prevent greece from leaving the eurozone. Fox News Senior Foreign Affairs correspondent greg palkot has the latest from athens . Reporter life keeps getting harder for the greeks, today it was the retirees turn. Some banks closed following the breakdown of talks between greece and the eu were open so elderly without credit cards could get some pensions in cash. Its very difficult. My husband is ill. We have a problem. Reporter with the shortage of euro bills the 60 euros or 66 others should be able to withdraw from atms is now ofte
But if greece does go bankruptcy or decides to leave the 19nation eurozone the greek debt crisis is certainly certainly going to create incredible instability. Including here in the United States. And theres also an option of greece deciding to test the willingness of aggressive regimes in russia or china to bail them out should talks with europe and the imf fail. For all of those reasons, investors hopeful that a deal will emerge in the days ahead that will prevent greece from leaving the eurozone. Fox News Senior Foreign Affairs correspondent greg palkot has the latest from athens . Reporter life keeps getting harder for the greeks, today it was the retirees turn. Some banks closed following the breakdown of talks between greece and the eu were open so elderly without credit cards could get some pensions in cash. Its very difficult. My husband is ill. We have a problem. Reporter with the shortage of euro bills the 60 euros or 66 others should be able to withdraw from atms is now ofte
The transports to record highs again today. Plus the grocery wars are heating up again. This time walmart is making a newing a b decision to go after amaz amazon very interesting a lot of people in new york city are very excited about it. Well explain coming up in a little bit. Good for brooklyn. We start with our top story right now, executives from two scandalridden companies have been meeting facetoface with lawmakers on capitol hill today. Cnbc cnbcs wilfred frost has the highlights of the wells fargo hearing, about millions of unauthorized accounts opened by that company and aditi roy has the latest on the exequifaxs ceo, the attack that compromised the data after more than 145 million milliamericans. Aditi, start us off. Reporter former equifax ceo Richard Smith was grilled for close to three hours by about two dozen lawmakers. As he headed out of the hearing, i asked him about the breach he remained tight lipped eped a walked past our cameras. Gave an eight page remark before he