Sunglasses he is wearing there. Or maybe not. I think people will buy them. Under armour making a big push into asia. We have more with the company ceo and with stef curry and live coming up. Sarah, staying up late with us. I told you, the da test that completely changed my life a couple years ago and the book i wrote about it, plug, plug, plug, today we are looking at big business of genome sequencing. The cost is plunging. But there are some people still willing to pay 25,000 to have their whole genome sequence. I noticed we dont have griffeth in quotation marks. Not today. I know who i am. And we will talk about the value of his company and latest news in drug pricing, joseph papa coming up next hour. Meantime, the stock market sitting here down 23 point. A lot like yesterday and all of the last several weeks here, the beige book out today which didnt enlighten us again too much about the economy. Job openings at a record high. In terms of some movers today, on the apple news, look
Honor guard. Oh say can you see by the dawns early light what so proudly we hail at the twilights last gleaming stripes and bright stars night gh the perilous we watch m parts were so galantly streaming red glare ckets in air bs bursting f through the night that our flag was still there stars y does that wave d banner yet over the land of the free and the home of the brave. [applause] moment of silence. Good morning. My dad worked in the north tower. Remembering back to the horrible day 15 years ago has changed my life. I was ten years old. My brothers were eight, seven, and five. Today im proud to be here to memorialize my father. This is the place that gives me a chance to think about beautiful memories, like Christmas Eve when dad took my brothers and i to work to give my mom a break. On 9 11, the nation came together. People really tried to help us. I spent endless summers at a camp for kids who lost family members on 9 11. The counsels helped us to laugh and have fun, to let us kn
Turned higher at this point despite eight despite a tough as caterpillar, general electric, microsoft. The nasdaq is taking the biggest tumble of the three major averages. It looks like energy is the best major group at this point. Because of financials as well, this is pulling stocks back up. You look at what is going on with energy, oil prices are up by nearly 2 . Southwestern energy, one of the energynergies companies to report its stock, has gone up. Within the financials, we have also had earning it news, and that includes suntrust and eat Tree Financial as well, 3. 5 eTree Financial at 3. 5 . David all right, some gains, but what about the tech stock . Have tech stocks do not an insurmountable problem, but still, it is a pretty tough slog. Microsoft, as i mentioned, projections,sts and visa, you dont think of it as text, it is coming out with earnings, but also saying its earnings have been delayed so that could create problems on the shares. Andot facebook, amazon, facebook is a
We are seeing stocks fall to their lows of the session. Weve seen a sharp gyration during the course of the session thus far. Some of it appears to be driven by oil, perhaps some people paying attention to those comments by robert kaplan. But overall, we are definitely seeing a negative at this point for the major averages. Take a look at the bloomberg here for the groups on the move. Healthcare is the worst performing group. Then theres technology, financials and energy. I should mention amazon is actually in the Consumer Discretionary index in terms of where it is sectorwise, and that index is very slightly higher, so its not grouped with technology in the s p 500. When you look at healthcare and see the big decline, at least some of that is due to gilead. The companys profit missing analyst estimates. It had disappointing sales of its two blockbuster hepatitis c treatments, and so that is whats behind the steep drop were seeing. Then theres a cycle, which is a Health Waste Managemen
Misses. Heres a stat. Today aloerngs microsoft and google lost a combined 30 billion in market capitalization. Apple is also lower right now by the way. Still in a bear market territory. Apple reports earnings on tuesday. Well have much more on that in a second. But first, lets dig in on alphabets mess. We have a senior internetab analyst joining us. It seems like the sentiment on the street is well lower targets but keep ratings. Were standing by alphabet. That is certainty not the attitude of investors in todays session. What is your take on the stocks move . Not surprised to see it down. Obviously, the revenues were a disappointment. They came in 2 below street estimates. You did see increasing season alt in the business. So q4 is very strong. However, q1, we typically do expect season alt. It was a little weeker than we expected this time. It is possible as google matures that its going to be fluctuate more with the seasonality of ecommerce. Were still positive longer term. It did