Chevron missed earnings estimates. Earnings are overshadowed by two major mega deals. We will speak to the exxon ceo darren woods. Earnings shake it off or aint going to be all right. Big week for earnings, big week for telus riffles i am alix steel with my cohost big week for taylor swift. I am alix steel with my cohost, guy johnson. This is the last date we will be in proximity, we will miss you. Im not sure what my takeaways yet. Guy my take away from the european earnings story is they stink. Alix that is supposed to be factored in the price. Guy what they really stink. Todays data fits the narrative in the consumer continues to spend. That is the line between that data and taylor swift. The taylor swift, beyonce, b arbie story has been phenomenal. I wonder if we are running out of steam on that. Spending is a big factor. Fantastic story on the terminal which speaks to this narrative as well, buy boomers, sell millennials. Boomers have loads of money and they are spending. Millenni
Everyone, thank you so much for joining us this morning i am maria bartiromo. It is friday october 27. Breaking news 6 00 a. M. On the east coast. United states retaliates striking to facilities in Eastern Syria overnight, these facilities used by the iranian back soldiers, this after 19 attacks against american troops in the middle east. Iran and north korea both accusing israel of genocide also pointed the finger at the United States. The new House Speaker in Place Congress moves on a bill to crack down on antisemitism, that is exploding on College Campuses across the country. Were following the breaking news all morning long, markets this morning are in the green. Take a look at features with the gain of the start of trading, down dahlstrom 73, nasdaq up 136 and s p 500 higher by 22 after the nasdaq hit correction territory after betterthanexpected earnings for big check this week. Were waiting the Federal Reserve favorite reading on inflation this morning, the september pc index is
Israels expanding ground operations into northern gaza while airstrikes are intensifying. Our own greg palkot and and alex hogan is are standing by with all the latest. Lets go straight to Senior Foreign Affairs correspondent greg palkot at the israellebanon border. Greg, good evening. What do you have for us . Reporter good evening. It is a very tense border right now. Were hearing drones overhead. Israel looking for any moves as all eyes are on the gaza strip and what appears to be a amajor land incursion by israel going against hamas militants down there accompanied by artillery, tanks, jet fire as well as naval boats. But again here and throughout the region were looking at how iran will react to this latest move. Early today along this border there was smoke and fire on the ridgeline just about 2 files from us, wildfires triggered by shells launched between the Israeli Military and hezbollah militants. Weve been tracking a stream of deadly skirmishes. Syria, 10 miles to the east o
Stuart its 10 00 eastern time, straight to the money. The nasdaq is up one hundred points, nasdaq down 68. Not much of about after yesterdays heavy selling. It is below 5 , 486 as we speak. The price of oil below 90 a barrel, bitcoin looking at 34,000 per coin. The latest read on consumer sentiment. Lauren stronger than expected, the level was 63. 8. Less optimistic about expectations going forward. Stuart doesnt tell us where the market is falling. Little market reaction. Lauren inflation one year from now, expectations rose from 4. 2 , that is significant. Inflation edged up a bit, we are not convinced inflation is going down. Stuart we are not convinced inflation is going down. Developments in the middle east looking ominous which america is retaliating for the attacks on our troops. F16s it facilities in syria used by forces linked to iran. Irani and backed forces in yemen aimed rockets at israel, they were drones launched from yemen towards israel but landed in egypt. Israeli tank
Ed we will continue with earnings coverage as amazons results show a boost in its cloud. Caroline one year since elon musk took over the Company Formerly known as twitter, he plans to take on the likes of youtube, linkedin, and push in payments more. We will discuss that and more. Lets check in on what is a rally to finish up the week. We are seeing a rally across stocks and bonds. Which are usually at odds. Inflationary pressures building from a macro perspective. Consumers anticipated to see more inflation. Says the university of michigan numbers. And the all important pce number coming in strong. Check on top. Does it have to do with earnings . Nasdaq at 1. 2 , but down for the week. Two year yield pulling in a little bit more. More flat, but above the 5 level. Is there a risk aversion towards the weekend amid ongoing geopolitical concerns, particularly the middle east. Commercial off by a quarter of a percent despite the inflation gauge. Bitcoin has been on a tear. Up some 14 . Is