At 29. 64. A two yearearlier in the the. We will bring charlie down here a little later. Charlie moved around the holidays blurting out things about Morgan Stanley. He will bullard out more. He has fought on morgan and goldman which he articulated a couple the isabella of the New York Times and every other Business Network. He is helping investors lose you mix and really. Traders make people money every the. The cme group and the dax with Nicole Petallides at stock exchange. We have a big the protect gains, the nasdaq looking extraordinarily healthy. Lets talk about amazon. Very nice. Nicole you will do a lot done that and that is exciting. How about amazon, the nasdaq sitting at a 13 year high. Amazon hit a new high of 3. 31, year to date over 31 . Why did jump today of 19 . A recent part, the ubs analyst, eric shared and raised his ratings on the company to buy from neutral. Why he did this is expectations for Revenue Growth beyond. And underappreciated. And 3852305. Absolutely. So e
Its a tale of two stories on wall street. The bulls betting on Morgan Stanley and the bears working to take down the mother of all chipmakers. Good afternoon everybody. Im liz claman. It is the last hour of trading on this friday. Countdown to the closing bell begins right now. Financial biggie Morgan Stanley having its best day in 7 month ts. Jumping 1. 66 in blowout quarter. Revenue smashing estimates. One of wall streets heaviest hitters the guy running the show Morgan Stanley chairman and Ceo James Gorman in the house gearing up for his oneonone interview with charlie gasparino. Thats coming up in just a few minutes. You dont want to miss that one. I dont care who else interviews james gorman, it is charlie. He is the guy you want to hear interview jim gorman. You have intel, the biggest drag on the dow jones. Shares are dropping by nearly 7 . Quite an interesting story here. Q4 earnings per share topped analyst estimates margins improved but investors headed for the exit once inte
The truth is they are hitting some new highs. A lot of folks i talk still believe financials will be great in 2013. Some of them are really doing well. Liz its a great day at least for some of the handful of companies that are out there today. [closing bell ringing] liz a carpet company, interface, we just had the ceo on in the last hour, they make the square do you see how theyre holding up the pieces of square . Thats carpet. David if you have seen it on the news chances are you have seen it here even before it happens on the news. The bells are ringing. Lets take a look at the indices. Only one index is in the negative, that would be the nasdaq. Apple not managing to find ground again today being pulled down. We thought maybe it had reversed that downward trend yesterday. Not so today. All the other indices, though, in the green. Some particularly spectacular moves im thinking of Morgan Stanley and theres some other stocks we will be talking about this hour. Liz even though we got a
The president , by the way, weighed in on the debate this morning as well. Sue, a busy day down here in washington. It sure is, ty. Indeed it is here as well. We are going to be joined by a very special guest, noted author and investor nassem taleb. After dropping more than 100 points in the early going, the dow sittingality the highs of the day. Its been an extremely volatile trading session, were up just about 80 points or so. Bob pisani joins me from the floor of the nyse. Bob, theyre parsing every word coming out of capitol hill and House Speaker boehner giving a boost to the markets a bit ago. He did. He is a little more optimistic. But were being blown around by the headlines. Look at what happened. In the last two days on headlines coming out of the congress, first yesterday senator majority leader reid said there was little progress being made on the fiscal cliff. That was yesterday afternoon. We lost 50 points on the dow. Even though mr. Reid said he was hopeful a deal could b
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