Treasuries. Over widening its lead china as being the top foreign holder of u. S. Treasuries. That is the main headline crossing the bloomberg terminal. We are talking about a total amount not quite sure what the total amount is. The headline is that japan continues to widen its lead as top foreign order of u. S. Treasuries. Scarlet chinas share dropped even more. Both of them decreased their stakes. Reporters toour check in with them to see what they are monitoring. Abigail i am watching the tech shares you all were talking about after yesterdays small pullback. The bigger public for the stocks perhaps on the signing of the phase i trade deal. Lots of dreams of green on the screen. We have macron trading strong. Inductors big in on these tech dreams. This is one of the scary charts to take a look at. 500 tech index going back a few years. The yellow line is the 200 Day Moving Average. Investors buying technology. There are periods of time where the s p 500 has been well above the movi
Higher for a change. Im melissa lee coming to you from studio b on the desk, tim seymour, dan nathan and guy adami. We start with meta shares now up 2. 5 just about after posting a top and bottom line beat. The company seeing return to ad Revenue Growth avenue dismal 2022 and Julia Boorstin has all the detail. Meta beat expectations on the top and bottom lines reporting its fastest growth in two year, 23 Revenue Growth in the third quarter. Thats ahead of the 21 that analysts expected. Now, for the Fourth Quarter meta provided a revenue Guidance Range with a midpoint just a hair below analysts consensus and metas year of efficiency, the Company Brought down its expense outlook for the year, down to between 87 and 89 billion from a prior forecast of 88 to 91 billion and it forecast its 2024 expenses for the first time giving a range between 94 and 99 billion now, for context, analysts had been looking for expenses to come in at 100 billion or below so they met that now, the company did
Is known to police but did not elaborate. Belgian police are asking for help identifying a suspect seen with two suicide bombers at the Brussels Airport last week. They posted Surveillance Video at the federal police website. You have identified the two bombers and meanwhile the death toll is now at 35. The federal aviation Officials Say that reports of drones near passenger jetliners surged in 2014. Global news, 24 hours a day, inered by 2400 journalists 150 news bureaus around the world. I am mark crumpton. Cory i am cory johnson, in for emily chang, and this is bloomberg west. The fbi has dropped the case against apple saying they successfully managed to bypass the security. The highly anticipated vr headset hits the market today, but is the content ready for prime time . And founder Tim Westridge and tim westerton is back. The fbi withdrawing legal action against apple after they successfully bypassed the security of the iphone without apples help. Thats go to matt larson for the l
Of strength following the best twoweek run in nearly three years. Apple reportedly set to hold an investor call today ahead of a potential bond sale that could be priced in euros for the first time. And two big deals. Well get more details on that. But we begin november after a halloween rally which saw the dow and s p set some record closing highs each with gains of more than 2 for october. The nasdaq outperforming them up 3 and this week more earnings reports, Midterm Elections tomorrow and big october jobs report comes up on friday. Really, jim, getting through october some consider a success. Its the biggest mid month comeback for stocks since 09. You had a couple of things. You had people betting that ebola was going to become a very big issue because people felt that the late mr. Duncan was going to make it so that there were multiple infections. There were a lot of people who were shorting restaurants, retail, theme parks, airlines. Turns out that none of them had a downturn. Th
Reporter now, 300 homes are without gas and electricity, and Power Employees as you can see are working to restore it the right now. They tell me it is unlikely that everybody will have lights and heat by the time the day is over. The that is why they have opened up a shelter, as well as established a hot line for customers, affected by this explosion. We have got all that information on our web site at cbs philly. Com. Live from stafford township ocean county im Charlotte Huffman for cbs3 Eyewitness News. Absolutely incredible scene there. Lets look closely at where all this happened, with the miracle of google earth we are able to show you the the house itself in happier times. This is the home, a small modest, brown home at 59 oak avenue in stafford township. Then as we go to our map were able to show you the exact area where all this happened. Here is the home itself. Here is the home that had the shed destroyed. You can see the shed in this picture on our map. Lets take a look at