Backlog was growing in the Second Quarter thats according to tesla. Thats proof that theres not a demand issue here. Also, the companys guidance has not been lowered the bears counter that by saying, yeah, but they didnt reaffirm guidance. They could have done that yesterday. They did not do that also, there were details regarding these deliveries that were lacking in terms of how many went to china, how many went to europe, a few other details people would like, and they also point out that the margins are likely to be under pressure when the q2 financials come out later this month. Thats why most of the analysts reports, it basically comes down to this, the analysts reports essentially say these are numbers that support the idea that you can lower expectations for the Second Quarter, but fullyear numbers youve got to hang onto whether or not you buy into them being lowered from where they are right now in terms of the loss expected. Phil, thank you joining us now, cofounder and early
Day. It is definitely a top heavy move. You see it up 0. 8 . The equal weighted up too. Nasdaq up by a full percent. Alphabet as mentioned popping this morning. It is now up about 4. 3 and the biggest upside contributor. Apple is ahead as well, 1. 4 on reports that apple might use googles zoo a. I. Capabilities in the iphone. Crude up another the high since halloween. It leads to the talk of the tape. Based on a goldilocks economy, a. I. Excitement and prospect of an easier fed, is the playbook changing . Lets ask adam parker, Research Founder and ceo at a cnbc contributor so. Adam, yeah, those have been the narrative threads that worked pretty well. Almost no pullbacks. Some pockets in the market in the last couple of weeks and things have cooled off but not fallen apart. Where does that leave us . I think the bull case is still intact, right . If the average company can have gross Margin Expansion and if i start thinking earnings will be up for the next few years well be ahead 25 ver
Adjourned. We are getting ready to start the second half, that date night doubleheader. It will extend into the nighttime. I dont think it will. With that, im pleased to call this hearing to order. Welcome all of our witnesses, welcome to guests, and a special thanks to senator capito and our colleagues for being here for this important hearing. Today, we are to discuss the federal Highway Administrations communication of the bipartisan infrastructure law and Inflation Reduction Act. Its, im enormously proud. I know senator capito is as well. Weve worked with this committee did and literally, laying the foundation for the bipartisan infrastructure defense of. People say to me and im sure they say to you, senator capito, when you travel back to West Virginia around the country, why cant you guys and gals just Work Together to get stuff done . As it turns out, in this committee, thats what we do. We reported out parts of the bipartisan infrastructure legislation unanimously, 20 to 2. Ten
Future, possibly. Right. Okay. Were also going to be talking about this as well. A ulez u turn. Good stuff. Finally, common sense is prevailing now and it looks as though sadiq khan and i dare say now other mayors and other cities and other towns will follow suit. He is extending the scrappage scheme up people who scheme for hard up people who will need to buy a new car to comply with ulez. Frankly, the next thing will just be to scrap ulez wouldnt it . Patrick christys on. Gb news. We also christys on. Gb news. We also talk a lot about raising a generation of snowflakes here, dont we . On this show . And ive got a cracking hit coming your way at the end of the hour as apparently 4000 scouts have had to have been rescued and put up in hotels because their Scout Jamboree was too hot. One little jamboree was too hot. One little weakling called his mum and his mum contacted the Scout Jamboree and theyve shut the whole thing down. I mean, come on, just take him skiing like you usually do.
Yesterday President Biden was in brownsville, texas. Trump made the chaos on the border a campaign issue. We want to hear your thoughts about this. Our phone lines for democrats 202 7488000, for republicans 202 7488001, for independents 202 7488002 we have a special line set up for border states that 202 7488003 you can use that mind to text us with your first name, city, state and you can also reach us on social media at facebook on facebook. Com cspan and x at cspanwj. Congress passes a shortterm spending measure. The shutdown would have started this weekend if it had not passed. They extended the funding for federal agencies into march keying up another scramble with another shutdown deadline a week away. This stopgap passed on thursday evening and the funding deadline was pushed until march 8 and march 22. Lets get back to our topic which is the border in those visits as i mentioned President Biden was in brownsville. [video clip] the speaker of the house needs to put this on the f