Today. And someone investors believe a lot. Jeremy siegel calling for dow 20,000, sounding a cautious note despite the big rally. Find out why. Exclusive interview with him coming up. And can we get to his target . Twitter, by the way, have you seen that . Up 8. 5 right now, popping on news of more insider buying. Plus this partnership with the Company Announced this morning with the nfl. Is this the comeback that the beatendown stock has been waiting for . We have both sides of that were bringing back an analyst we had on last week who was skeptical about twitter. Shares hovering around the 30 a share mark. And shake shack will report its latest Earnings Report. Its the third time reporting since going public. The first two reports missed wall street estimates. Well bring you the numbers and tell you what it means for the restaurant space coming up. And this stock is up more than 200 since its ipo. And they only have 30 stories 71 around the world. 40 in the united states. Still, not
Technology investors with these kinds of gains after stellar earnings last night . It was unbelievable. Weve got a story on that coming up in just a moment here. You guys had your hands full. It was a rollicking hour, i hear it was. Meantime, a rollicking deal through the health care space. Cvs is pursuing a major deal to buy aetna and former aetna ceo john rowe will join us in a cnbc exclusive to discuss what that bid could mean. What a fascinating story that is cant wait to talk to john about is. Also look at oil today, trading higher, brent is back to 60 a barrel and wti is at an eightmonth high however, chevron is falling. Whats behind the move and whether this is a buying opportunity or not well talk about that coming up in a little bit later. Is pretty sharp moves in oil today. Lets go back to the big rally in tech stocks, thanks to strong earnings from a trio of tech giants. Deirdre bosa is all over amazons results for us. Josh lipton covering alphabet. Jon fortt is covering mic
Finals. Theres the clock right there, showing us six hours and 29 minutes to go. Fans telling us they are confident. Were very optimistic. We know that we have the best team in the league. We know that were going to take this. She tells the truth. The dubs could make history becoming the first Bay Area Team to win a championship at home in 43 years. Abc 7 News Reporter Amy Hollyfield is live in oracle arena where theres a scramble to get it ready for tipoff, prepare for tonights game. Theres hope and even some expectation here in the bay area that game five was not going to happen. This young fan is trying, but its hard to ramp up the energy level for a game five on a monday, especially when you thought your team would win in four games. Thats what some fans did this morning, for an Early Morning broadcast of espns first take record the at oaklands lake chalet restaurant. Im nervous, but nervous about the warriors. One host upset the crowd when he said if the cavs win tonight, theres g
Weakness this morning as we get set for the open tim cook wants to quote yell out and scream about ai. Well fill you in. And the king of snapchat just went platinum. Dj khaled is ringing the bell here first up, we mentioned the downgrade, how much of this is digestion of this new fed . Well, im the one to ask that thats a dj. Heres the deal. I think that the many people are ascribing way too much to the fed. I think the fed did business as usual. Theres a vicious rotation going on its a continuation of what we saw on friday. If you look at the last 20 minutes of trading yesterday you saw the repeat of what was friday which is a bang down of all the big hightech stocks and then money back in to retail and to finance i think why people were fooled it didnt go back into oil low tech health care, also higher valuation health care you watch celgene and biotech. Watch Illinois Tool Works which is a great tell for the industrial you can watch jpmorgan, you can watch the trading of wells fargo
On thetop of the bottom line profit hit by a fine from the European Union that Conference Call is kick off now. Gene munster is manning the red phone. Josh lipton is out in San Francisco. He spoke with alphabets ceo, so, josh, we kick off with you. Melissa, digging into this report briefly here, a couple numbers stand out, one is revenue from Google Properties 18. 4 billion, thats search, youtube. Talking to Aaron Kessler of raymond james, obviously as he points out, thats the highest marg margin businesses for the company up 20 pk he also pointed out reasons for concern in the report. Traffic acquisition costs, what the company is paying their partners for mobile traffic. Obviously when thats rising, can pressure overall margins a couple other key lines here that stand out, other revenues remember, that includes cloud, play, hardware, that clocked in at 3. 1 billion. And other bets revenues. Everything from selfdriving cars to nest Smart Thermostats operating loss of 772 million final