Meeting. Policy announcement coming up at 2 00. In global news chinese stocks rallying overnight. This morning snapping the threeday losing streak. The shanghai composite closing up 3. 5 . Big growth. In europe greeces stock market will not be reopened today as some had expected. The exchange is waiting for an okay from the ecb and government decree. Thats 6 or 700 points. Huge. Stocks to watch this morning, twitter earnings and revenue are both above estimates but it was the Monthly Average user number and it grew at its slowest pace since it was public and that is accounting for a pretty substantial selloff today. 32. I dont know the last time it was there. Jack dorsey this weird beard, calls this unacceptable. Have you seen the beard hes sporting . I have. Its like does the not pass by mirrors . People dont talk. He has a lot of yes people. Yeah it looks good. Yeah, it looks good. I like that egg yolk. Right here. More of his comments and reaction from analysts in just a few minutes
We begin with a social smackdown, twitter shares getting hammered again following the company reporting the worstever user growth in the second quarter. Little evidence things are getting better. The stock down 50 from its highs. Pete, you made some moves going into the print. Im wondering what you think now. About the quarter. Well i think after you listen to that conference call, you absolutely came away saying holy smokes, these guys got a little bit of work in front of them. When anthony nodo is talking about considerable time for them to be able to start to perform thats not what people want to hear. They had already heard or read about the earnings themselves. Those are actually not so bad. Although mau growth was certainly something everybody had been focusing on and it was not there. That was somewhat expected. The problem is how are they going to be able to get this Company Moving in the right direction Going Forward and thats i think where at both jack dorsey and mr. Nodo did
Bingo fuel meaning hes almost dry. Youve got allgaunt pilot saying hes funning out of fuel. There will be a window of opening in about 20 minutes for landing. Yeah i dont have 20 minutes. This is 426, roger, and thats unless it is an emergency, there is grand Forks Airport which is 70 miles to the north. Yeah, listen. Were bingo fuel here in about probably three, three to four minutes and i got to come in and land. This is 426, roger. All right. Youll have to like i said declare an emergency for that with the Minneapolis Center and then we would coordinate to get you in. Okay, im going to give them about an another three minutes to see if we can set 3358894. Then ill see if we can get this coordinated prior to i get down to having to do that, ill do that. Thank you for that. This is 426 roger. Your company dispatch should have been aware of this for a number of months. Okay. Yeah. Its just well follow up on that. It was a very calm conversation, phil lebeau between a pilot and an air T
Former fed chair Alan Greenspan will join us. A new program were monitoring. That call and any news out of the Conference Call as he examines a tesla. Right now. Relatedly, we do have solar city. Did he help build those cars . Work on the Assembly Line . There are teslas everywhere in norway. One of the biggest usages hydropowered, as well. Its so interesting. So anyway we have earnings coming up here, as well. Earnings getting crushed after weak guidance on the companys Conference Call last night. Down about 14 right now. Investors are looking to see whether facebook can deliver now after the bell. Its up about 1 today. Weve got a top tech Portfolio Manager who says theres only one number in facebook earnings that matter. Hell tell us where it is coming up. But lets get to fed headquarters in washington where Steve Liesman is standing by with more on todays announcement. Steve . Hey, bill thanks. The fed leaving Interest Rates unchanged in july as expected. But the question is whether
If you hate the patriots youll love his fourgame suspension. The lawyers got him, he tampered, he destroyed evidence, hes toast. So is the american who shot a prized lion in africa. Death threats, a deluge of outrage and his business is now closed. Theres a lot more its coming your way, Varney Company is about to begin. First this multiple force, the leader of the Afghan Taliban is dead. He shot at usama bin laden and we did not get him, he wont droned. A pakistani newspaper, the express tribune quotes a taliban source who says he died two years ago from tuberculosis and the u. S. Government has not confirmed. And this is down 4 and the Monthly Average growth at the slowest pace since it went public in 2013. And joining us bret here is my opinion. Is the endless stream of outrage and negativity youve got to do that since twitter uses it. 140 characters at a time. Its proved itself to be in a challenging spot. It has all of these users sharing thoughts in 140 characters or less. Thats i