While many investors are selling weve got an apple analyst holding ton his rating and well explain why. While tech is weak, energy is outperforming. Remember, this was the opposite last year. Were going to debate whether this tech weakness represents a buying opportunity. Also joel ackman along with Michael Pearson will get grilled on capitol hill. Theyre scheduled to testify after the close. We will have live coverage of that in the next hour. Lets tart with the tech wreck, an outperforming rating on apple but just lowered his price target from 130 down to 120. Julia boorstin spoke with twitter Ceo Jack Dorsey. He said ball street doesnt understand his company. And Dominique Chu looks at the role reversal between tech and energy this year. Lets begin with you, on apple, a loss on the open, at least, this morning of another 46 billion in market value for this stock. As it experiences its First Sales Decline in 13 years. Why are you hanging in there with this outperformed rating right n
Coming up, well tell you whats behind the crude comeback. Thats coming up in just a moment here. Janet yellen and the fed leaving rates unchanged for now, but a warning that a hike could come in december. Well look at the impact that theyre having. Meanwhile, hes at it again. Carl icahn revealing hes taken a large stake in insurance giant aig and hes urging the company to split into not two, but three separate companies. We have the latest details on that. The stock has been up about 4 or 5 in todays trade. Lets begin with todays spike in crude oil. Jackie deangeles, back about 45. Good afternoon to you. This was a move that took a lot of traders by surprise. Let me break down what happened for you. The session low, 43. 06. You can see this incredible range that we went through today. The rebound in part was due to the fact that there was some selling pressure in the last three sessions. Not really enough conviction to take us down to 40 as some were predicting. Ahead of the fed this m
Courtroom, but i can tell you all three defendants looked very different than the mugshots weve been seeing over the past several days. As all three have since had their heads shaved. This morning they were brought in one by one into the courtroom, shackled at the wrists in red and white striped jail uniforms. None of them addressed the court. The 23yearold man accused of firing the shot that killed Steven Carter yawned a couple of times and was sporting the roman numeral 13 in a tattoo on the right side of his neck. Not clear what the significance of that might be. Two seats to his right was 24yearold sean angold who sat quietly. And few seats to his right, lila a alligood. How would you feel . You know, she turned 18 in july. This is overwhelming. I told her i would be getting an attorney for her and just to take a deep breath. On our young clients behalf still entitled to the presumption of innocence. Obviously we have two murders and that is a serious situation. So we are going to
Yesterday evening after a long drive from portland, oregon. They were taking unmarked vans from the Sheriffs Department. We have pictures of those aspects that happen identified as 24yearold sean angold, 23 yearold Morrison Lampley and 18yearolds lila alligood. Lastly, Portland Police tracked them down outside a dining hall. The three are charged with murdering two people, 23year old audrey carey, a canadian tourist and 67yearold steve carter, wellknown marin county therapist. Both were found dead in the woods into different counties, careys body was found face down and Golden Gate Park and carter was found on a hiking trail in fairfax. Investigators say they were murdered days apart with the same gun. The suspects will be arraigned in Marin County Superior Court tomorrow morning at 9 00 and. Reporting live in san rafael, cate cauguiran, kpix 5. A grisly find here los gatos, a human skull found in a world area rural area, chopper 5 spotted investigators late afternoon, cadaver dogs bro
Boston now on the brink of its snowiest winter ever with another storm in the forecast today monday, march 2, 2015. Announcer from nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. Good morning. Welcome to today on a monday why dont we start out saying hello to the folks in boston on the verge of a championship season. All the wrong reasons. Oh, man. Thats boston. Snow piled high. Here we have new york city. Were famous for this. Dirt slurpee slush all over the st we have in one day yesterday we got more snow for the month of march by over an inch. And more on the way. Al, thanks. Lets start with our top story. Alleged threats by isis against twitters cofounder jack dorsey and the company employees. Keir simmons has the latest. Good morning to you. Reporter good morning. May be twitter employees hearing this frightening news this morning, the message allegedly threatens retaliation for preventing supporters posting on li when our lio