Better its very difficult to have an opinion on the market. Tremendous market confusion. I called people the last few days and they said, bob, give me an opinion are we going to have troops in hong kong or not going to have troops in hong kong . Is there going to be progress on the trade talks or not going to be progress on the trade talks just by the end of the year, is the fed going to aggressively cut rates or is the fed not going to aggressively cut rates . And most importantly, bob, can you tell us if the Global Economy will stabilize by the end of the year or not stabilize . This is a lot to model for aflt lot of these growth ml that people have, bond yields are one of the most important components its a difficult situation the one thing that makes me a little optimistic is the bull argument, bob, separate the manufacturing economy from the consumer economy and today we had reports from two of the Big Consumer Companies in the world walmart and alibaba. The big u. S. Consumer com
Record quarter. Well hear about alphabet. The Parent Company of google. Well tell you why they changed their name. Selfdriving cars and new phone to compete with apple. A lot of competition between these go companies. The numbers you need to know out any moment now. Melissa back to the markets, the dow ending the day down 26 points driven lower by shares of boeing and caterpillar. Ashley webster standing by at the new york stock exchange. Ashley, everybody waiting for the big event. Two of biggest names to report in few minutes. Giants. Were waiting with bated breath, amazon and google. Those stocks as you can see heading into the bell both moving down half a percent but it is all about the latest results. Well find out any second. Meanwhile, wanted to show, talking of tech, how about twitter . The latest report shows they beat on earnings and revenue. Everything is great, right . Not so much. They are cutting 9 of their global workforce. Theyre shutting down their video app vine which
First Quarter 2024 Highlights Versus Prior Year
Net Sales of $810 million, down 1% as reported and in constant currency
Gross Margin of 48.0%, an increase of 800 basis points; Adjusted Gross.
Fourth Quarter 2023 Highlights Versus Prior Year
Net Sales of $1,621 million, up 16% as reported, or 14% in constant currency
Gross Margin of 48.8%, an increase of 580 basis points; Adjusted.
Third Quarter 2023 Highlights Versus Prior Year
Net Sales of $1,919 million, up 9% as reported, or 7% in constant currency
Gross Margin of 51.0%, an increase of 280 basis points; Adjusted Gross.