For those two companies, it was a tale of two different big tech quarters alphabet has certainly been the laggard this year. Underperforming not just its big tech peers, but the nasdaq amazon has been a standout, 70 gains. Alphabet had a low bar and amazon had a high one. Did they deliver we can look at a number of metrics, what i want to drill down on particularly is cloud. These are the companys newer growth engines cloud numbers came in only in line with expectations revenue up 29 year over year. Love large numbers but google cloud, revenue was up 45 and now the company is going to break it out as its own segment. Have a listen to what was said last night. Given the progress we are making and the opportunity for the cloud in this growing global market, we continue to invest aggressively in our gotomarket capabilities and extending the global footprint you will see information about the scale of our investments so investors are going to be able to see exactly how much google is inves
Out deals, including today market ral llies the s p climbs 7. 8 and nasdaq soared 1. 39 thats why i keep telling you that you got to stick with stocks that dont need stimulus. All day they show them on air is fantastic. The white house is negotiated with Speaker Pelosi though it will have to pass the senate and Mitch Mcconnell says maybe they have interested in some sort of stimulus you throw in the election next month and you got a chaotic occasion there is too much name calling i love to be proven wrong. Main street absolutely needs the money. The stock market does knot know what main street is doing and Speaker Pelosi and secretary mnuchin, they both know that today the president seems to know it, too until they symptoms catop calli, always skeptical while the tease keeping the bull up in the air today. I dont think if we dont get something come on monday, i do expect a selloff. It comes up too far and too fast we are due to a pullback historically if something does not develop here
Secretary of state breaks with tradition to speak in support of President Trumps reelection while a broad on business. Turkey says is ready to talk cover disputes in the mediterranean but it wont accept any preconditions from greece. Indonesian textile workers struggling to find business best skills to making most. Protesters in the u. S. City of could osha have defied a curfew for a 3rd night the demanding justice for black man jacob blake who was shot in the back by police. Tear gas was fired to keep demonstrators from entering the courthouse building several buildings were set alight a state of emergency is in place with extra National Guard troops deployed to the protests are going ahead despite blakes mother calling for unity and. John had reports from. Smolders a city corrections building burnt to the ground one of 3 dozen buildings left in ruins in a single night firefighters and residents sweep up the wreckage. I am glad. Protesting that i met with. The unity philip merry arriv
Inperson classes. And no deal yet as the automaker takes a test drive with automaker elon musk. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening and welcome wherever you are watching hope you have a good tuesday here is how the markets are setting up the day futures are down nasdaq ended up losing over 4 late last week and it could be more today look at that, nasdaq futures are down 253 points. Remember, what we have seen happen, when futures really begin trading, always tends to accelerate we cant say that will happen today but that has been the trend. Nasdaq futures are down significantly. That is not a good look in the Technology Part of the markets which controls the entire stock market snapping a fiveweek winning streak as investors learned that soft bank was a big driver placing multimillion dollar bets on the Options Market. Despite what is happening right now, goldman sach thinks so. Advising clients to keep their faith in Technology Stocks unl
Activists across testing the limits of the Worlds Largest hydroelectric dam some chinese fear it could collapse after weeks of to wrench away. A spark could lead to a disaster thats the warning from germanys foreign minister whos on a mission to help ease tensions between turkey and greece in the Eastern Mediterranean heiko mass is holding a News Conference right now with this turkish counterpart marriage. After having out talks earlier in the greek capital athens masses appealing for direct talks to solve the growing dispute over Gas Exploration in disputed waters both the greeks and turks have announced viable military exercises in the mediterranean and the warships are guarding a ship survey the seabed for gas. Oil reserves 3 says the area where the turkish fleet is overlaps its Continental Shelf thats ringing in sin him who is in istanbul for is so sinema the German Foreign minister has now arrived in ankara way is currently holding a News Conference where this turkish counterpart