S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back
9 after reporting yesterday afternoon. Lets take a dive deeper into snaps quarter stifels john eggbert and Lloyd Wamsley of Deutsche Bank joins us now gentlemen, you both have buys on this stock, and there was interesting commentary from snap about how theyre expecting lower user growth in the Third Quarter, and theyre also anticipating there will be significant revenue headwinds, even though the first 19 days of the quarter they showed 32 Revenue Growth so jon, tell me, why are you so bullish . Well, im bullish because of the longterm story. And i think that the underlying trends are still intact. On the short term, it sounds like the Third Quarter will have some complications were not exactly sure how much sports well have. Back to school may be limited in parts of the country feature films wont be launching like they normally do, and those are big areas of brand advertising spend that snap and other Digital Media players benefit from in the short term but in the long term, the direc
Subcommittee hearings on investigations will come to order. We are hearing a hearing called sabotage. The purpose is to examine the efforts to ensure quality and Affordable Health care. The chair recognizes yourself for five minutes for an opening statement. Its no secret that the Trump Administration has worked to sabotage health care in this country. On his very first day in office, President Trump issued an executive order directing all federal agencies to dismantle the Affordable Care act, both, to the maximum extent bylaw. Ever since then, the Trump Administration has worked tirelessly to undermine the aca, and other Critical Health programs at every turn. In her role, this seema verma has been behind many of the efforts to undermine the Nations Health care. Despite her role in this, is the first time administrator has appeared to testify and an oversight hearing, and we have many questions regarding the administrations actions. Since for double care act was signed into law more,
[inaudible conversations] [inaudible conversations]. The investigation hearing will now come to order it is sabotage trumpet administrations attack on healthcare the purpose is to examine the effort of Medicare Medicaid services for quality and Affordable Healthcare for all americans. And recognizing herself for five minutes for an Opening Statement. To sabotage health care in this country to issue the executive order to dismantle the Affordable Care act. Everson said the trumpet administration has worked tirelessly to undermine aca and the role as the administrator to undermine the Nations Health care and despite the role today is the first time the administrator has testified in the oversight hearing on the house and that 25 people with affordable high quality coverage but now under President Trump the administration is determined to take us in the wrong direction. The First Time Since the aca was passedy one. 9 Million People were uninsured compared to the year before including half
Subcommittee hearings on investigations will come to order. We are hearing a hearing called sabotage. The purpose is to examine the efforts to ensure quality and Affordable Health care. The chair recognizes yourself for five minutes for an opening statement. Its no secret that the Trump Administration has worked to sabotage health care in this country. On his very first day in office, President Trump issued an executive order directing all federal agencies to dismantle the Affordable Care act, both, to the maximum extent bylaw. Ever since then, the Trump Administration has worked tirelessly to undermine the aca, and other Critical Health programs at every turn. In her role, this seema verma has been behind many of the efforts to undermine the Nations Health care. Despite her role in this, is the first time administrator has appeared to testify and an oversight hearing, and we have many questions regarding the administrations actions. Since for double care act was signed into law more,