Comes with some of these medical breakthroughs that could yield perhaps advances that lead to people moving around, feeling more comfortable, boosting a little bit those stocks that have been most beaten down, morgan absolutely. When youre talking about reopening, you have names like disney that are moving forward with plans or some plans in florida, you have names like apple beginning to open more Retail Stores in the u. S. As well also crude is one to watch and carl just mentioned it, the fact that were seeing a bid for crude. Wti the june contract expires tomorrow and what a difference a month has made as you have seen production numbers start to come in and started to see some of the driving demand return as well gas prices at the pump up by a couple cents in the last couple weeks as more and more people are starting to come out as we start to see more of these reopenings, but, of course, longer term, as we continue to talk about over and over again, its going to be what does the t
What they are seeing this quarter and where demand might go. He said the last part of march and the first part of april were very depressed and then we saw a pickup relative to that period in the second half of april. We are not projecting what we will do this quarter because of the lack of certainty and visibility that weve got. Apple not giving a forecast for the quarter or the year, but cook sounding fairly optimistic there. Amazon earnings also out this hour. Amazon shares down after the bell. I want to bring in taylor riggs who has been following all of this. In that interview with tim cook, he told me he believed this pickup in april was driven by some of the new products they have launched over the past few weeks including the cheaper iphone, a macbook air, and ipad pro. As well as stimulus from the federal government and people getting used to, we are in the middle of a pandemic and this is the way things will be for a little while. What is your take . Taylor great interview be
Month. Stacks price and content up against other streaming content companies. The hits keep coming. Mutual fund giant fidelity review states wework evaluation in march, adding the Office Rental companies preipo woes. It was a big day for apple as the tech giant launched its newest hardware at its annual Product Launch in cupertino. Among the new items, a new apple watch and a lowcost ipad, not to mention announcements tied to its new services, apple tv plus and apple arcade. As always, all eyes were focused on the freshest versions of the iphone. This is the iphone 11 pro and these are the most powerful and most advanced iphones we have ever built in a stunning new design. Taylor apple unveiled the iphone 11, iphone 11 pro, and iphone 11 promax. The iphone 11 is about 50 r,eaper than the iphone x 700. The ipo the iphone pro will still hit the same 1100 mark. I am joined by ryan reith and mark gurman. Mark, you have been covering these for years. How did today feel relative to years pas
It will cost a consumer about five dollars a month. How the price and content stacks up against other streaming content companies. And the hits keep coming. Mutual fund giant fidelity reduced its wework valuation by 34 in march, adding to the Office Rental companys preipo woes. But first to our top story, it was a big day for apple as the tech giant launched its newest hardware at its annual Product Launch in cupertino, california. Among the new items, a new apple watch and a lowcost ipad, not to mention announcements tied to its new services, apple tv plus and apple arcade. But as always, all eyes were focused on the freshest versions of the iphone. This is the iphone 11 pro, and these are the most powerful and most advanced iphones we have ever built in a stunning new design. Taylor apple unveiled the iphone 11, the iphone 11 pro, and the iphone 11 promax. The iphone 11 is about 50 cheaper than the iphone xr, coming in at around 700. The iphone 11 pro will still hit the same 1100 mar
Thirdquarter Profit Guidance also a miss. Up in smoke. Jules defense of its marketing policy goes proof. The company is grilled by lawmakers in washington who say more teens are getting hooked. First to our top story, a tale of two earnings as amazon and alphabet report secondquarter results. Shares of the Parent Company jumping while amazon is heading in a different direction. Alphabet reported revenue that beat the highest estimates, calling concerns of slowing growth at the heart of the largest digital ad company. Sales in the cloud unit grew by 37 , but not enough to top estimates. Joining us to discuss you cover alphabet and amazon, so what is happening here . Alphabet was such a bad q1, that it was easy to step back from the disaster they had. They put a great number up. An additional 25 billion. This is one of the cheapest largecap tech names we cover. It was the worst sentiment going in of any techmeme we cover. It is definitely the least transParent Company, so given the q1 bl