Officially launching its disney plus platform. Goldman sachs customers, concerned about gender bias allegations, says, quote, we hear you, the bank reevaluating the apple card credit limits billion dollar cost cuts, juul labs set to slash 16 of its workforce. Were going to begin with disney entering the streaming wars, the companys disney plus Service Launching today with a Monthly Price tag of 6. 99 subs will have access to nearly 500 films, 7500 tv episodes, disney has spent more than 3 billion on technology and content prior to the launch. It is a big deal for kevin mayor, in charge of making this thing work and we have seen some technical hiccups here on this first day. Overload. Maybe high quality problem, not sure but i looked at all the offerings, i said to myself, when i had two little girls, i think i would have said, no, i dont have to go anywhere this is it, you go do that, and then i can go watch football in the other room that was my thinking and then the mand loalorian wa
Have him go through the numbers. Good morning, welcome to squawk on the street. Im david faber, jim cramer is here live from the New York Stock Exchange Carl Quintanilla has the morning off. Look at futures, final trading day of the week as you see, what a week it has been when you talk about the markets, you see we are looking for a lower open, not dramatically lower, but lower. Ten year note yield, talk about a ride, lets look at the ten year note yield. I actually want to see where we are. Were below 17 again. Lets start with a stock want to do that or talk markets. I want to i want to talk about stocks you do . You chastised me for hyperbole. But the millennials think that uber is the most important stock of the market. Huge amount of work just on that. There it is theyll pay up for uber. Shares are down in the premarket, jim this after reporting what is the largest ever loss, the number 5. 2 billion slowest ever Revenue Growth as well, ride hailing company, incurring responses rel
This is appointing to how things open in a half hour. Down, way down. This is Dow Jones Industrial average futures. Its a look how things are going to work out 29 minutes from now. Were going to be down around 675, thats a significant 4 drop, its huge. Look at the price of oil. Fresh 6 1 2 year low, 39. 03. Now at 38 again. And that, go en, is a huge selloff, but i want to trigger right at the start and get into the drop in china. Look at these declines in asia. Starting with the shanghai at the top down, 8 1 2 . Hangsang index, hong kong, japan down 4 and south korea 2 . Mary kissel is right here. All right, china, there are reports theres speculation that the government in beijing has lost control and thats scary. Well, i dont know about that, stuart. Look, china may have been the trigger for a reality check for the markets. What has happened over the last six years, you had very low Interest Rates that let governments all over the world and china were particularly big spenders, seve
Billion. We will have complete coverage. But first, top headlines. Versionreleased a new of its Flagship Smartphone called the htc one ma. M8. It features a dual kamran up to design. It is counting on the phone to reverse nine straight quarters of decline. That bitcoin should be property, not currency. That means that bitcoin income will be subject to normal federal taxes. Investors will also have to pay Capital Gains on any bitcoin money that they have made. Google wants to become a bigger player in cloud computing. They just cut the price of some Cloud Services by as much as 85 . Theyre trying to win over customers were storing data as amazon web services, microsoft, and other companies. First, to the top story. Cory johnson is with me here. Facebookking about announcing a major acquisition, buying oculus for 2 billion. This is a market that does not exist yet. This is not even available to consumers. A company that does not make a product. They have given it to developers but we can
It gives it a valuation of 7. 1 billion. We will have complete coverage. But first, top headlines. Htc has released a new version of its Flagship Smartphone called the htc one m8. It features a dual camera design. It is counting on the phone to reverse nine straight quarters of decline. The irs that bitcoin should be property, not currency. That means that bitcoin income will be subject to normal federal taxes. Investors will also have to pay Capital Gains on any bitcoin money that they have made. Google wants to become a bigger player in cloud computing. They just cut the price of some Cloud Services by as much as 85 . Theyre trying to win over customers were storing data as amazon web services, microsoft, and other companies. First, to the top story. Cory johnson is with me here. Were talking about facebook announcing a major acquisition, buying oculus for 2 billion. This is a market that does not exist yet. This is not even available to consumers. A company that does not make a prod