Welcome to the Halftime Report. Im melissa lee in today for scott wapner top trade this hour, nike just did it the Worlds Largest Footwear Company posting strong earnings. The street buying the stock hand over phys today. With us for the hour, josh brown, Jim Leventhal, jon najari najarian, head of Global Investments at ubs shares of nike are rallying. Jim, you own it. Are you buying more . I bought a little bit more. I was hoping to load up the boat today, but i just cant, for two reasons. And i would love to get jays opinion on this, but its up 9 today. Im not going to go chasing it i think it will go higher from here, but the question is, i thought the Earnings Quality was really kind of low you had Gross Margins that went do down you had revenues that were okay, but a tax rate beat. So whyd you buy a little when the stock was up so much when youre throwing shade on the quality of earnings . Ive got a lot of dry powder left to go in this name. Im not going to buy it all today. Look,
To record high. This morning futures are looking like this. Markets expect today continue to gains with another higher opening at the start of trading, dow industrials expected to be up about 20 minutes, nasdaq also strong today a third of a percent. 32 points higher for the nasdaq. Cac quarante best performer. In asia overnight, gain as cross the board on top of record rally on wall street. Hang seng index best performer up better than 1 . Earthquake strikes near north korea, pentagon says its not as a result of nuclear test. Amazon looks to take another industry, this time real estate. Details on the new report that sent zillow shares to the basement. A new eye to prevent overbooked flights. We have the story as well after turmoil at united all year. All the stories and joining me to talk about it Fox Business Network Dagen Mcdowell, back, former Goldman Sachs partner and Peter Kiernan and andrew peek, good to have you here. Thanks so much. Maria good morning, everybody. I missed you
Necessary to do her job, and she has never leads nothing to nobody. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Caroline this is Bloomberg Technology. Jpmorgan ceo weighs in on the debate of automation versus skilled workers. Plus Indian Outsourcing Company says india is still a bet for u. S. Tech giants. We explain why. To the list of growing pains. We look at the chinese tech conglomerates long list of problems. The concerns continue over the visas guidelines. Jpmorgan ceo weighed in on the debate of keeping highly skilled workers in the United States. He explained that it is alarming that foreigners who obtain advanced agrees here advanced degrees here cannot stay stateside. He says we are sending talent away by not allowing them to stay here. Here. Say it allowsrump outsourcing companies to bring in lower paid foreign workers. But these changes might jus
Necessary to do her job, and she has never leads nothing to nobody. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Caroline this is Bloomberg Technology. Jpmorgan ceo weighs in on the debate of automation versus skilled workers. Plus Indian Outsourcing Company says india is still a bet for u. S. Tech giants. We explain why. To the list of growing pains. We look at the chinese tech conglomerates long list of problems. The concerns continue over the visas guidelines. Jpmorgan ceo weighed in on the debate of keeping highly skilled workers in the United States. He explained that it is alarming that foreigners who obtain advanced agrees here advanced degrees here cannot stay stateside. He says we are sending talent away by not allowing them to stay here. Here. Say it allowsrump outsourcing companies to bring in lower paid foreign workers. But these changes might jus
Be on the program explaining why we are entering a new era of capitalism. Rosenbergck box jeff will be here through up the 9 00 hour. Another jampacked show. Jonathon a strong show ahead. Let us check in with our Bloomberg Team for indepth coverage. Eric is in washington. In hong kong on concern the chinese currency could repeat the january route. Well have more on jamie dimons comments as he weighs in on the brexit debate. First up, the may jobs report coming out in less than 90 minutes. Let us head to washington. X need the jobs number verizon. Will get to verizon in a moment but it is hard to see this jobs report eating the one that forces the feds hand on june 15. Why do i say that . They indicate a 22 chance of a weeksike in less than two from now. We would have to see a monster printed on payrolls for those expectations to change meaningfully. The median estimates of economists we surveyed showed an expectation of 160,000 jobs created in may, the same that we saw in april. The ex