Im charles payne, this is making money. We have a speaker, that is the good news, but here is the bad news. Nasdaq composite entered correction territory. It is facing its biggest test of 2023. Meanwhile buyers are not flocking to the rest of the market. Bond yields are higher, due in part because a return of premium so it really isnt good when you have to coax buyers quote into the safest investment of world. Tea leafs are stirring. We got you covered. President biden holding a press conference the first since the attack on israel. How she is trying to assure hamas does not get ahold of taxpayer sponsored aid and other things. Amid all this conflict and strike Arthur Brooks is examining the art of getting happier something we really need to hear today. All that and so much more on making money. Charles all right, this week, it was super important that these big names, these big stock names came through big time with big earnings. Obviously today that is not the case. You can see the m
The United Nations calls for a ceasefire in gaza, the white house rejects it. The democrats are divided on a ceasefire. Prohamas demonstrations on College Campuses and cities today again. Were learning iran proxies attacked american soldiers 14 times in the last week, some injuries. Blinken threatens iran with a decisive response. No ceasefire, a red line with iran, and today the president holds a news conference. Hell take questions. Will he backtrack on his israel policies . Find out at 12 30 eastern. The markets dominated not by the war, but by big tech earnings. A stellar performance from microsoft. Profits up, Cloud Business up, stock up 15 is at this point. Google going the other way. Down, what, thats about 5. 9, 6 , lets call it that. Thats premarket. Whats the problem with google in the Cloud Business falls short. Two big names report after the bell today, ibm and meta. Ibm walk as we walk up towards the numbers, meta is down 1. 80. Overall, a mixed picture for stocks. The dow
Stronger u. S. Dollar. You can see that here at the bloomberg u. S. Dollar index up over 12. 75 and dime excreted gaining . 65 per barrel, currently at 84. 40. All three of these things here are bad for this thing here and that is why you see stocks dropping. Abigail doolittle is here with a look at the earnings so far and we have had and still have a ton of earnings to come. Abigail, 40 of the s p 500 reporting this week. 15. 8 trillion of market cap recorded. You did a great breakdown of the macro pressures for the s p 500, nasdaq 100. Here are the micro pressures and we have a tale of two stories in the cloud. Microsoft of 2. 7 up to. 7 on strong cloud corner, revenue over of 13 , betterthanexpected. Back in the team growth area. Their cloud is much better, up 29 and above the three preceding quarters, even though it did not top yearoveryear growth estimate. Take a look at google or alphabet, down 8. 9 , between its worst day from last year and march of 2020. That is the degree of s
Jonathan ferro and lisa abramovitz. Tom i saw him on a cruise, what a great turnout on the cruise. Catherine greifeld joins us this morning. She is here and she will explain white piquant is popping by bitcoin is popping she will explain why bitcoin is popping. Yields are up. Things are little better but i walk in and i look at the bloomberg terminal, 8. 04 on the bankrate 30 year mortgage and we are subtly solidly in a percent 8 . Lisa we have seen this incredible fluctuation, 20 basis points in a couple days in the long end of the yield curve and people say volatility cannot continue or can it. They are forgetting the levels. It causes a different reality for people financing the nuts and bolts of their businesses and their lives. Tom Economic Analysis with bramo. The media wants to go, they going to die. Microsoft was like a charm. If this is exactly what we were to see, microsoft is on target. Lisa the fact that you had two but he lives comprising 10 of the entire s p index coming
Maria good wednesday morning. Thanks very much for joining us i am maria bartiromo. It is wednesday, october 25, 8 00 a. M. On the east coast, time for hot topic of the hour White House Press secretary Karine Jeanpierre said she misheard a question monday asked about antisemitism instead pivoted to could be dej antimuslim attacks on monday, watch what if this level of concern right now about, antisemitism, going on in israel we have not seen any Credible Threats look, proceed to be disproportionate number of hatefilled attacks President Biden understands that many muslim are a abs, arab americans plas yin, worried about hate directed at their Community Everybody was scratching their heads there was no followup, she says what she says then no followup. In a statement to fox news digital john feeer says i preserve chance to address this i did mishear the question antisemitism is an abomination that this president has fought against his life i feel strongly about that work joining the con