But i was short because what this is normally going to do is the fan boys, and take the fang stocks, and take the favorite stocks on wall street, and you will see is speculation on the cal side over the puts 2 1 on mo most days, and apple who has a more exaggerated call speculation of earnings didnt have it. Instead, it was active put speculation, and massive put speculation down to the 95 stripe on the put side. So i put on a simple put spread. I tweeted it out yesterday, and put on the put spread and paid 40 cents for it, judge, and went to 2. 20 to dday and took off hf at that level and then i am going to to be seeing if apple holds or whether it goes down and test s ts the february lows and david lieb ebenthal, you long and the stock, and are you staying with it, and why . Well, first of all, kudos to my broer this, jon over here, and you must have slept like a baby, but i did not. It was a stinker of a quarter, and the guidance and the puts and nothing to speak positively though.
Our roadmap begins with shares of amazon soaring in the premarket after a Solid Earnings report. Well dig into that report plus how amazons game plan is going after netflix. And becky catches up with Warren Buffett in omaha. And more on apples rough month. What does it need to recover . Exxon and chevron out with earnings. What you need to know about big oil and all the energy names leading the way isnt the s p this month. First up, amazon up sharply after posting its most profitable quarter ever. Revenue growth the highest in almost four years. The sales in the companys Cloud Computing business up 64 . And then theres the upbeat guidance, the margins story, the operating net out of web Services Bigger than their north american business. I have to tell you, you know, on the Conference Call, the Conference Call is very flat. People understand amazon Conference Call its almost like its being spit out by amazon itself. Its just a very without any emotion. When youre seeing numbers and mar
Microsoft and alphabet last week and debate whether apple can turn the tech story around. Global debate about apple. More on that in just a bit. Valeant getting a ceo the same week Michael Pearson is to testify on capitol hill. Also argentinas return to the bond market. Kay kelly will return and tell us what it means. After the bell, well discuss why nikki sixx is calling on president obama to go after youtube. You have nikki sixx and youtube, only on closing bell would you have that. We start in saudi arabia today. All right. We dont start in saudi arabia. So lets go to our cnbc Closing Bell Exchange with the dow down 61 points. Joining with us we have rob weiner, ben willis and Rick Santelli checks in from chicago as well. Ben, the tradition lately has held leading up to a Federal Reserve meeting that the market tends to rally. Not a hard rule but that typically is what happens. Is Something Else going on . Something else is going on. When its the fomc by itself but the problem Centr
And twitter which report after the bell. Well also get a preview of what you can kmpt. Tmobile shares on the rise this morning after strong earnings. John legere will join us onset fresh after his Company Analyst call. First up, beating the street with Quarterly Earnings on squawk. Saying did help results. If you look at the margins, core gross margin up 270 basis points. Core operating margin up 300 basis points. Thats net of the fx headwind. So its really giving us the ability to continue investing in markets to continue to serve consumers and hopefully to reaccelerate top line growth. That is key. Organic sales up one, which is not as good as unilever or lo real. Does more merging growth. They have these divisions that have been bad for ages. Grooming is bad again, decreased 1 , u. S. Offset international. Beauty plus one. I mean, baby sales decline. Thats that kimberlyclark price war, but they take the Gross Margins up. The junk, the stuff you can cut, the stuff that costs you mone
Omaha. Class a stock up more than 11 so far this year and that, of course, outperforms the major averages. Our becky quick is live in the aforementioned omaha. Hi, becky. Tyler, thank you very much. Warren buffett is called the oracle of omaha for a reason, he made a lot of money for a lot of people. He had a gain of 24. 8 in shares of berkshire. That may not sound like a lot but it crushed the return on the s p 500. He built up millionaires over time and a lot of those people have loyalty to him. That doesnt mean every investment he makes is a winner. He is the first to admit he made a lot of mistakes. The winners start out looking like losers, too. The jury is still out on a stake hes been building up over the last 4 1 2 years, ibm. Right now it looks like a huge loser. He built up an will 8. 5 stake in the company itself and hes done that at the average price of 1 p 170 a share. For now, buffet is standing by ibm. We feel fine or we wouldnt own it. And we never sold a share of ibm.