Getting worse. Wayfair shares are sinking concerns about the Online Furniture companys margins and its plans to increase ad spending weighing on the stock, down a little more than 5 off those record highs that it hit earlier. Not to mention potential competition from amazon. Well talk about all of this with the ceo in an exclusive interview coming up this hour. Who, by the way, does not consider himself in competition with amazon. He feels like their niche furniture cannot be replicated. So far neither do investors this has been one of the hottest stocks in the Retail Sector this year. Momentum stock. The question is what does amazon have planned . Dow component disney reports earnings well tell you what to expect and, yes, a first on cnbc interview with ceo bob iger and, of course, everybody is wringing their hands, of course, over espn lets bring you up to date on the markets here the dow down nine points we all know the dow has been up 10 consecutive days. Nine of those have been a
The media giant also announced it is removing its movies or will be from netflix and itll launch its own streaming service. We have someone who says launching a mini netflix could be more difficult than disney thinks we have a lot to talk about disney down almost 5 today. North korea, well get to that in just a moment. Mylan warning today its delaying product launches because of regulatory uncertainty. The latest data shows the drug approvals are on pace to set a record this year what kind of uncertainty are they talking about shares trying to stay positive well have the details coming up and blue apron is rallying ahead of its first Earnings Report as a publicly traded company, thatll be tomorrow the stock is well below its 10 ipo price. As you know, we have a debate on whether there is a buying opportunity ahead of tomorrows news look at that, its up 5 today well, its at 6. 11 right now. That would be a 30 cent raise. Lets start though with this very serious story, the tensions risin
Good morning its thursday. We have another jam packed show for you. Lets kick things off with a look at the European Equity markets. We are fairly even steven. We are looking at a 0. 1 decline for the stoxx 600 this morning weve lost a bit of steam in todays trading session after three days of gains. Lets look at the european markets one by one the ftse mib in italy hanging on to some marginal gains elsewhere, the xetra dax, cac cac seeing small declines. We have plenty of data out today in the form of july retail sales, eurozone inflation and the ecb minutes. When it comes to the sectors, were seeing once again basic resources leading the charge up 0. 6 , this comes on the back of strong gains in that sector yesterday on the back of chinese construction spending. Today metal prices are flying once again lets come back to the big story of the day and of the week President Trumps two big Business Councils have been disba disbanded. The bosses of some of the top u. S. Corporates decided
Ready for a night of bitter co cold. If youre heading outside to today or at all this weekend, bundle up. Its about to get frigid. If you thought we were in the clear after unusually warm winter so far, well, think again. Thanks for joining us im dawn timmeney. Im chris oconnell. Todays snow was just a taste of reality for people across the delaware valley. Now theres a chance of even more snow. Not too far out. Fox 29s meteorologist monica cryan here with whats in store. Monica, fill us in. What well see as we head into the new work week, another snow system, but some changes from what we had today. Including amounts of snow. I think we actual see more. Well get to that forecast in due time. Lets talk about the wrap up of this system that we had through the morning and into the afternoon. We were left over with some scattered snow showers, some snow squalls earlier. Now what we are seeing are just lighter snow showers pushing through parts of Montgomery County and lower frederick and
The business and our employees. Theyre the reason why we wake up in the morning. Then we have this gravy over here which is our variable Customer Base. Gravy. Lucrative you must wants to get a few more of these big whales on your board. Lets separate whales from gravy metaphors. Customerswe want big and happy customers and customers who have a lot of predictability to how they do business with us. We dont go out of our way to who aree customers going to be large and unpredictable. That is the distinction that we make between the variable customers, wherein their usage of us essentially can vacillate pretty big, pretty large. At customers for whom we have a very large case i consistently grows in my to put business. We focus more on the latter. You did release the enterprise plan earlier this month. You get her does you are going after the bigger enterprises, which is different from your regular model of selling directly to developers. I dont think it is. What we are already seeing in o