Contest after the stock is up youre 100 right. We brought the stock high 40s and 50 and the stock went up to 80 and theyre pounding their chest on tsr that it all occurred from when we got on the stock, but they were taking credit for it. Now they have to take credit for it again. Are there areas that are just off limits for you guys . I never see you come in on a Tech Companies even though there are Tech Companies that are loaded with cash but seem like the management isnt that strong. Nothing you want to do . When you put 20 of your assets in a business you want it to be a stable, predictable business. Most Technology Companies are too dynamic. You wake up and theres a couple of guys in a garage or women and theyre starting a new business thats disruptive. If you look at the kind of businesses that both of us like we like businesses that can withstand the test of time. I try to stay away from things with things i cant control. We like businesses and i think it speaks to bill as well
The premarket poised to open the at a new high as subscriber growth tops in less expectation. We will have the latest from ecb president , mario draghi as they approve austerity plans. These litigation charges at goldman. Weighing on the bottom line. First, netflix. Strong results for the Second Quarter. The company adding 3. 3 million subs. Stocks up over 11 . This is Reed Hastings last night on the companys earnings web cast. The stock was half this price. I described it as euphoric. Its a mystery to me. What we know cuss on is how to get incredible content, stream it beautifully and market it in every country. Im out of the Stock Commentary business. Maybe he should be. Stock now closing in on an 8,100 gain from the may, 2002 ip 0. It is ridiculous this is only up 11. This was the most dazzling call. When you have a chief content officer on you know you are about to get blown away. Raising numbers, narco. They are like crouching tiger, number two. They are not even in china and japa
Adp in line at 177. And our road map begins with apples iphone sales disappointing. Why the company says future product rumors could be to blame. Private sector hiring slows. Will signs of a cooling job market change the feds potential rate hike plans . And a food rally, mondelez and yum brands beat the expectations. Mcdonalds gets an upgrade at goldman up. The iphone shares disappoint and tim cook said we are quote we are seeing a delay in purchasing behavior that we think is a consequence of the number of rumors and reports about future products. That is happening outside of Greater China. Jim, it will be interesting to watch you get him to expand on that. It is going to be the smallest gap up or down for apple on earnings in a couple of years. Well, look, i think that this is one of those where if we looked at it as a Consumer Products company, wow, they beat by eight cents, look at this return of capital its amazing. But you know what, that is not the way that the street views appl
Europe largely unchanged the 10year just below 3. 5 road map begins with the second half of the year kicking off in high gear, what to expect for the rest of 17. And north korea launches a missile with the capability of reaching alaska. This as President Trump heads to europe to meet with world leaders. What the growing geopolitical tensions may mean. Is the job of ceo not what it used to be many top executives departed in the first five months of the year than last the look at the changing face of the suite. Heading into the first full day of the trading half the dow off an intraday high, nasdaq looks to avoid a fourday losing streak, wall street awaits the release of the fed minutes at 2 00 p. M. Eastern and investors will be interested not only in comments in future rate hikes but perhaps the timing of the feds planned Balance Sheet reduction. Jim, welcome back first of all journal today suggests they may talk about some timing of Balance Sheet but might get indications of a decembe
The world was supposed to end and it didnt. It has been the same case with the ftse. Ftse is right at 6 yesterday and bringing it back to higher levels. I know he wanted to hear this. I wanted to tell him this. No, no. Its not about me. Never about me, but mark grant is going to come on. Thus far you have been right. Mark grant is going to come on and say its not the uk shouldnt be the ones worried, its the eu that should be worried. Sterling has gotten hit pretty hard. Jim paulson is going to come on tomorrow and say the same thing. Call it a wom went to cast right now because its a little bit too progressive. Have you heard that. I have no the. They have a show. You heard that from what, your twitter followers. Dont you see that. Well share with our twitter followers. You go wild, dont you. When the cats away, the mouse will play. Its like video New York Times not bad . No . No, no. What did holeman say last night. He wrote a big Global Warming piece. We did not talk about that. Cens