The country on the path of liberal democracy. And he wants to show that the model, the rule that he has exemplified of disciplined authoritarian state, that this is a very possible and ideal is model of rule for other countries around the world. Rose we conclude with tom friedman of the New York Times. His book thank you for being late, and optimist guide to thriving in the age of acceleration is out now in paperback. Trump is a braineating disease, so that is that he is he sucks up all the oxygen in the roomment we feel we have to write about him, so much, as a columnist, on the one hand i dont want to because im not really learning anything when i wrote that colume today. Im just sort of emoting. Expressing my concern. But the fact is, a whole bunch of stuff happening in the world. And i am worried that a whole generation of journalists and columnists will wake up four years from now and god i hope im not one of them but i fear i could be and wake up three years from now and realize
Opioid addiction. And a report that questions how you probably pick mutual funds. We begin with major news about profits in techland. And they were good. Expectations were high, and big tech did not disappoint. Four Major Companies reported quarterlies that were much stronger than anyone expected. Lets start with amazon. The story here, simple. Revenue. Up. Profit, up. The stock, up. The Company Earned 52 cents a share. Expectations were for three pennies. Sales jumped 30 to 43 billion year over year. Vers s were giddy, sending shares through the thousand dollar mark. Jackie deangelis zeroes in on the Biggest Surprise in amazons report. Reporter one of the key points of interest w how Amazons Web Services division did. The company delivered. That segment bringing in revenue 4. 58 billion, handily topping analysts expectations. Aws is amazons version of the cloud. Its an emerging space where Many Companies are competing for share, amazon appears to be one of the winners. As business in
Blowout earnings from amazon, alphabet, microsoft, and intel that we told you about last night. Amazon and alphabet closed at alltime highs and above the 1,000 a share mark. The two dow components, microsoft and intel, were both up more than 6 . Microsoft hit a new alltime high. And intel was the best performing stock today on the blue chip index. Today alone, amazon added more than 61 billion to its market cap. Alphabets market cap now tops 700 billion, about twice the size of exxonmobil. Microsofts market cap pushed past 650 dlal billion, just onek after hitting 600 billion. Intel shares hit a 17year high. That along with apple saying its seeing Strong Demand for its iphone x sent the nasdaq up more than 2 . And the fact that index easily outperforming the Dow Jones Industrial average, which added 33 points, and the s p, which gained 20 to hit a record. The nasdaq was the big winner for the week as well. The Global Benchmark for crude settled above 60 a barrel for the first in more t
But really and meeting. Opening up society. What we were talking about just now, we met all sorts of women who were saying ive owned a car for a decade but i have a driver who takes me to and from work and i cant wait to learn how to drive lot are starting to learn how to drive but in terms of how the culture is moving. Saying publicly they are looking to are a more moderate society essentially. By the way more moderate form of islam this is not without controversy though im sure. There is a huge other side. Hes pushing through, trying to push through this transformation and theres economic, by the way the entire driving industry, you talk about drivers, because all the women most professional women have drivers every day what happens to the drivers . But theres a whole thing going on with all of it but that whole 500 billion Economic Zone theyre going to create, the whole new city in the middle of the desert with klaus. With klaus its amazing we should all go there in ten years from n
Percentage point the shanghai up by 0. 4 . In europe in the early trading, you will see green arrows across most of the major indices. The dax is up by a half percentage point, the cac in france up by a quarter percentage point crude oil prices which were up sharply yesterday, are down by two cents. Wti about 47. A couple big stories were watching this morning. Shares of tmobile are moving higher the Company Reported earnings of 67 Cents Per Share beating estimates of 29 cents. Revenue Beat Estimates tmobile added 1. 9 million new cust nomers in the quarter. Facebook confirming its working on a subscription feature to let publishers charge for stories on the social media site this could take pressure off of them in terms of the battle with the news industry. The pay wall will be available through instant articles starting in october. It would likely kick in after a user reads ten articles in a month. Facebook shares up 15 . On the wall street agenda another flood of Earnings Report abb