Plus, the congressional hotseat next week. What the text ceos will face in the line of fire. A halfmising to deliver billion cars this year from tesla. As they rev up the next chapter. Tech earnings continue with intel reporting after the bell, a lackluster report for the comely. Shares are down. Abigail doolittle joining us now with more on todays market action. Give us the highlights. Abigail you were mentioning lackluster are not very exciting , they missed in a big way. The stock down about 10 in after hours, plus the forecast not so great. Interestingly, usually when this the stock is already down 10 on the year so really not a great quarter. The stock is getting hit more so after hours. ,here we have some strength at t beat top and bottom line estimates. The wireless business is strong. 8. 6 million active users, a fraction of netflix and disney. You see netflix still down after their disappointing quarter. , theiris riding high competition having a little bit of a tough time. So
Prosecutors across the United States open investigations into the search john. Im so gal welcome to the program. Becoming president of the European Commission has said climate protection is one of the top goals of her proposed cabinet and should a fanta life unveiled kalina in brussels and pledge that it would boost europes role on the world stage the 27 Strong Commission is the most gender balance since its inception the European Parliament must approve the commissioners before they can take office. Changes in Climate Technology and demography will be her priorities as e. U. Commission president and those of the trade the 7 strong team owes a life on the line has just named the german conservative that with a complain vowing to make europe greener. And this is the man intended to help oversee the task dutch socialist fronts to moments hes been tapped as executive Vice President for the socalled European Green deal. I want the European Green deal to become europes whole mark. At the he
Terror organizations. Google search results are bad prosecutors across the United States open investigations into the search. Until gail welcome to the program they use Incoming Commission president set climate protection as one of the top goals of her proposed cabinet. Unveiled the new lineup in brussels today and pledged that it would boost to europes role on the world stage the 27. 00 Strong Commission is the most to jed babbin since its inception must be approved by the European Parliament before it can take office. Changes in Climate Technology and demography will be her priorities as e. U. Commission president and those of the 27 strong team on the line has just named the german conservative with a companion vowing to make europe greener and this is the man intended to help oversee the task dutch socialist france to moments hes been tapped as executive Vice President for the socalled European Green deal. I want the European Green deal to become europes hallmark. At the heart of i
Points that happened with markets closing at their session lows. Weakness across the board. A lot of different sectors under pressure financials, materials and Consumer Staples all down by more than 1 well see what happens this morning. Futures indicated up this morning. Overnight in asia, the nikkei ended down by about a quarter of a percentage point the hang seng up by. 1 and the shanghai composite was flat and in europe where theres active trading taking place theres green arrows across the board. The biggest gainer of the three major averages is the cac up 1. 4 but you see gains of better than 1 for the ftse and dax as well take a look at whats happening with treasuries. Right now the ten year is yielding 1. 588 . So the yield picking up just a little bit the two year yielding 1. 539. Lowes is solidly higher on the numbers here 215 adjusted versus estimates of 2. 01 on better than expected revenue. A little bit anyway. The revenue is 20. 9 expected and 20. 94 to 20. 99 and then for
Restarting next week thathelped things in asia. In europe, its a bit of a mixed picture. The dax up by 0. 1 you do see red arrows for both the cac and the ftse the ftse, well talk more about Boris Johnson who will become the Prime Minister there today ftse now down about 0. 8 stocks are flat in italy and in spain. If you check out the treasury yields here in the United States, you will see this morning the tenyear is yielding 2. 057 the big story of the morning, shares of Big Tech Companies like google, amazon and facebook, theyre under pressure after the u. S. Justice Department Said theyre opening a broad antitrust review of Technology Firms the review was scrutinikru desie if these companies are stifling information and harming consumers. The Justice Department does not name specific companies, but it is likely to encompass google, foos facebook this is the real first shot across the bow by william barr and the doj. You know you have the democrats, you have the republicans also afte