Tariffs from the us. And both those factors have meant european stocks start the week on the backfoot. And going meatless well be talking to one firm taking advantage of the plant based revolution. Today we want to know if you thought you were being called into a redudancy meeting who would you take as your emotional support person . A man in new zealand chose a clown. Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Global Oil Prices Spiked to their highest level in four months after two drone attacks on Saudi Arabian facilities on saturday. Oil surged as much as 19 at one point, to 71 a barrel, after the attacks on the aramco facility. Aramco is the Worlds Biggest Oil producer and one of the worlds most profitable businesses. The attack is expected to hit around 5. 7 Million Barrels a day thats roughly half of saudi arabias total Oil Production. Prices eased back slightly after us President Donald Trump authorised the release of us reserves. Brent crud
And the temperatures are rising a major heat wave set to hit the majority of the United States over the next few days here we are. Were keeping you calm, cool, collected and informed its friday, july 19th Worldwide Exchange begins right now. Good morning welcome. Im Contessa Brewer in for Brian Sullivan stock futures right now are in the green. Implying an open of up 92 points the s p 500 is up about 6 points the nasdaq futures are up 41 it looks like the nasdaq, the dow, the s p, all on pace to break twoweek win streaks a decent day today could change those fortunes the major averages are less than a percent below theyre alltime record highs the bond market now, lets look at u. S. Treasuries, the twoyear yield at 1. 7 the fiveyear up at 1. 7. The tenyear up above 2 now lets go worldwide in asia, looking at overseas markets. The nikkei is up more than 2 . This is on talk about the fed rate cut and what anticipation lies in store. The hang seng up a percent shanghai up a percent as well
Maria good tuesday morning, thank you for joining us this morning. I am maria bartiromo, tuesday march 5, super tuesday your top stories, 6 00 a. M. On the east coast. 16 states and one territory headed to the polls for the biggest rush of the 2024 primary season. 854 delegates after god for republicans another 1420 up for grabs for democrats, donald trump facing off against nikki haley as president by the contest with the growing uncommitted vote. All of this after historic unanimous decision by the Supreme Court ruling that states cannot remove a president ial candidate from the ballot but interest the string of democrat state by colorado to remove President Trump from the state primary ballot. You cannot take somebody out of a race, the voters can take 70 alvarez very quickly but a court should not do that in the Supreme Court saw that. Maria President Trump responded to the action, the market pulling back, indicating a decline, the dow industrials down 148, the nasdaq is notable do
Higher for a change. Im melissa lee coming to you from studio b on the desk, tim seymour, dan nathan and guy adami. We start with meta shares now up 2. 5 just about after posting a top and bottom line beat. The company seeing return to ad Revenue Growth avenue dismal 2022 and Julia Boorstin has all the detail. Meta beat expectations on the top and bottom lines reporting its fastest growth in two year, 23 Revenue Growth in the third quarter. Thats ahead of the 21 that analysts expected. Now, for the Fourth Quarter meta provided a revenue Guidance Range with a midpoint just a hair below analysts consensus and metas year of efficiency, the Company Brought down its expense outlook for the year, down to between 87 and 89 billion from a prior forecast of 88 to 91 billion and it forecast its 2024 expenses for the first time giving a range between 94 and 99 billion now, for context, analysts had been looking for expenses to come in at 100 billion or below so they met that now, the company did
Intent of killing innocent civilians, women, children, babies, beheading babies. This is a barbaric, disgusting, vile Terrorist Regime that needs to be eliminated. And israel has every right to defend itself and its right to exist. And they should take any and all action necessary to do that. Congressman mike lawler, we appreciate the overtime with you in having a very broad conversation. Please keep us posted on whether you plan to support speaker scalise if you wind up speaking with him later today or not. Thanks so much. Thanks. Of course. Still plenty more news to come. Stay with announcer this is cnn Breaking News. Im Boris Sanchez live in washington, d. C. Alongside anderson cooper, who is in tel aviv, israel. And we are tracking major developments on capitol hill and in the middle east. Republican congressman Steve Scalise has just locked down the republican nomination for House Speaker. A full vote to determine if he will become the 56th Speaker Of The House is potentially comi