Secondquarter revenue, 74. 1 billion. That is the number that we were looking for for revenue. Once again, secondquarter earnings per share one dollar. 74. 1 billion, secondquarter revenue. Scarlet thank you so much for that first read on exxon mobil results. We have alix steel. This is our moment. She is busy looking through all the numbers. This earnings pershare number. Matt versus almost three dollars last year. It is an amazing drop. Alix we do want to hear where the miss actually happened. The common theme for earnings has been production and job cuts. What they do with production is mattering a little less. Can they keep their dividends . Do they have cash flow to cover it . That is the focus. Every quarter, it is usually production, production production. That came in bang in line. Those metrics matter a little more. We are getting a reading on capex comeing in at 8. 3 billion. Scarlet we were talking about production. Why is it significant to meet Production Target . Alix big
That prompted south korea to release an artillery garage. No word of casualties. Earlier this month, to korean soldiers were wounded by landmines. Hasant pharmaceuticals spotd to buy pharmaceuticals. They will pay 1 billion force brought pharmaceuticals and extra spot reaches a certain milestone. Spot will start selling the female libido drug in october. Corey Hillary Clinton might not have used a private server for emails when she was secretary of state. The director implied that yesterday. Is she did have her own email account, it was just more convenient and she kept it like that and that is the thing, she did not really think it through and she had said, had she come she would have done it differently. Corey the fbi has clintons private server. The issue with the emails and whether classified materials mishandled, benton said she did not read classified emails from her private system. Former president jimmy carter both hold a press conference to talk about his cancer treatment. Las
Case got it wrong. Nobody expected things to turn this thing this fast. The trump rally trademark is still available. Nobody patented that, copyrighted that, its still available. Arent you proud of the fact this show two days before the election, the day before the election, asked the questions over and over, if he wins, they control all houses of government, you at minimum get tax reform and less regulation, why would that be bad for the stock market . That question was asked over and over again on this show. I had to be called a jackass on twitter by a supposed colleague because i disagreed that the market would go down 1,000 points. By definition when this Insane Person with his finger on the button of the nuclear code, when he was going to be elected. We put up with a lot. We pit up with a lot to. There have been a lot of speculation about where this would all go. Lets juxtapose the wisdom of the American Public versus the elitist intellectual ruling class that permeates this entir
Where apple is putting their money, finally. Lets head to the markets desk where julie hyman has a look at where investors are putting their money. Much and stocks. After we got retail Sales Numbers earlier, were just getting university of michigan consumers been a, better than estimated like the retail sales were better than estimated, coming in at 95. 8. Expectations better than estimated, 87. 5. When you look at the retail sales number, that defied expectations as well. Even if you back out cars and gasoline, a cayman better than estimated. A lot of that strength because of nonstore retailers. Because of ecommerce. That number includes catalog and direct mail sales. Nonetheless, it looks like ecommerce, and accounted for each some of these strengths. A bit of a muddling along to end the week. Take a look at the groups on the move. Technology a strong, only at. 4 . Consumer discretionary leading the losses, because as betty mentioned, we do have individual retailers out of disappoint
Coming up on the show, we have Dale Stafford. He will join us on all the dealmaking and unmaking going on. We will preview aprils retail sales. Jon looking forward to that conversation. S p 500 futures negative five. Switch over to the board very quickly. 1. 1345. Lar, foot. Llar is on the front yields are down by two basis points. What a week for wti. 46 thought. Flat. Lets go around the world for indepth coverage. Selena wang as the latest. We are 90 minutes away from the april retail Sales Numbers. Speaking of ecodata, guy johnson has latest on euro area growth. Julia tells us what to expect a day after Dilma Rousseffs suspension. Apple has found a way to use its enormous pile of cash and it could have an effect on the uber. Lets get the details from selena wang. Selena this is a huge deal. This is the single largest investment they have ever received. Was in talks to raise 2 billion. This is very unusual for the smartphone maker. They dont normally invest in startup funding rounds