Earnings which will include some hightech bellwether names later in the week. We have apple shares, they lost their opening pop despite top apple analysts saying first day iphone 12 preorders surpassed last years numbers for the iphone 11. That bodes well for the mini and pro max, who Iphone Models that have not taken preorders and ship four weeks from today a couple more big q4 products, the xbox series x and the Sony Playstation 5 will hit shelves verizon and at t this week morelikely with 5g comments Texas Instruments and intel all reporting. Mike santoli joins us now with more well get more of a Critical Mass of earnings hitting the tape the question is is the street going to be more impressed this week than last week in the opening rounds we had an 81 beat rate by the companies that reported last week yet the average stock move buzz down more than 1. 5 in the one day after those results. It suggests perhaps that a lot of investors would think a big beat rate was in the bag for thi
Is live. Pump up the jam good friday morning welcome to squawk alley. Markets still in the green pinning hopes to stimulus talks. Were watching headlines best week so far this morning, jon, in two months for the dow yeah. And in tech this morning, carl, hey, weve called it out here on squawk alley before. Today amd eyeing xilynks amd is a 100 million market cap down 3 on a 30 billion deal. Investors are giving this blessing a few different trends here. A hot of Tech Companies have richly valued stock to play with there is pressure to answer and three u. S. Restrictions are hurt something chip makers like xilinks and theres no end to that in site good morning, guys pat, are you surprised not a the hoff overlap here. So in that sense, maybe this deal isnt at risk but, hey, not a lot of overlap here. So maybe this is risky the. Yeah. The so as you said before, amd needs to grow. When i look at valuation, im sure stacy will will weigh in on this, it had to do something organic growth isnt
Territory in a single trading session. For some, it was even worse than that check out shares of apple down it lost 180 billion in market cap. That is the largest oneday lost for a u. S. Listed company on record if that isnt enough to get your attention. Apple lost more in market cap yesterday than the individual market capitalizations of 470 of the companies in the s p 500 it wasnt just apple microsoft, alphabet, microsoft and even tesla saw their market caps shrink. Microsoft down by 115 billion amazon off by 93 billion. This morning, things look a little better. You still have the dow down 150 points right now, it is reverse that up 300 points the nasdaq saw the biggest declines, up 27 points right now. We have to keep that in context a few things in here as well talking to people all day yesterday, here is the list. Youll want to know exactly what happened it was the nasdaqs largest drop you dont go up 400 and down that will be highspeed trading. That would matter until they do. Va
Research finds very different experiences of black and white americans when it comes to the economy and the shutdown and the coronavirus. And these different attitudes come from very, very different experiences. Looking at views on the current state of the economy, you can see that 28 nationally see the economy as excellent or good right now. Thats the same number as you have for white americans black americans 5 view the economy right now as excellent or good. Thats reflected in some of the Economic Data weve seen that shows that africanamericans have been hit harder by the shutdown similar attitudes by differences about the outlook. 38 of americans nationwide are confident or somewhat confident in the future. Black americans, 16 are confident or somewhat confident in the future. Perhaps reflecting the differing economic experiences right now a lot of this comes from different experiences with the coronavirus itself 92 of africanamericans are concerned or very concerned about the coro
The Halftime Report starts right now. Welcome, good to have you on this our investment can, jim lebenthar at Gilman Hill Asset management we begin with market, stocks suffering the biggest one quest lies ahead when it is time to take some profits as the calendar turned and continued to ride the momentum, and we do, joe, have a lot of momentum. Youre not going to fault anybody for taking chips off the table given the run weve been on no, and consensus very optimistic which is unique to the environment we were in one year prior listen for someone very tactical it makes sense to believe that you will get a correction sometime in the next couple of months, this validity in the assertion and you can tactually trade around that. Defining the playbook for 2020, what particular sectors are going to carry you where you want to be for the end of the year and if you reflect on 2019, scott, been all about technology you take the s p year to date. The s p tech return, up 31 . Do you know technology