Bond markets awaiting ism services in one hour road map, the trade roller coaster. Stocks look to rebound from a three day slide after that report that trade negotiators are edging closer to a deal. Plus, alphabets shakeup googles founders, larry page and sergey brin both step away from their current official roles, but still control the votes at the overall company. And another setback for boeing, united tapping rival airbus to upgrade its new transatlantic fleets stocks looking to recoup some losses from yesterdays selloffs. Some renewed optimism about u. S. China trade talks. Moments ago the at nato summit in london, the president did say discussions with beijing are going well this comes a day after he said it might be better to wait until after the election to strike a deal another piece this morning is that reuters has Jared Kushner added to the negotiating team having meetings with the chinese ambassador. That would signal more people who are globalists involved. A globalist. Bu
Better than sxiktestimates. Road map begins with slowdown concern, tariffs and decelerating Global Growth weighing on the economy in q2. Top white house economic adviser larry kudlow will join us first on cnbc. We have investors buoyed this morning by strong earnings from tech giants such as alphabet, twitter, and intel all of those stocks pointing to a higher open. And starbucks rallying as well as sales surge. The coffee retailer raising its outlook. Kevin johnson joins us first on cnbc this hour futures are higher on those upbeat earnings. Gdp did slow to 2. 1, but beat expectations earnings big picture today googles parent beating big on both the top and the bottom lines. Twitter also beat the street, reporting 139 million monetizable daily users, more than the street had been looking for. Biggest number in about two years. Amazon did miss on earnings, revenue was ahead. First time in five quarters that amazon did not post a record profit, taking a hit from shipping costs the thesi
And asking the question, where is larry . Sandberg speaks. The facebook coo weighing in on the cryptocurrency. First, to our top story. Slack is hitting the Public Markets with a direct listing on thursday. We are waiting to see what the Reference Price will be. We could get that at any moment. Will the Software Maker find itself in the beyond meat camp with a sizzling debut, or will it be more like a sizzle like uber and lyft . To discuss, i want to bring in a partner at venture partners. Before that she was the head of product growth that slack. Under her watch slack grew from half a million to almost 6 million. And, a new column out on slack. I will start with you. As a former head of growth, you have a beloved product, but Revenue Growth is slowing down. At this can that be point reaccelerated . Potentialas a lot of in front of it. A generation of people are used to communicating synchronously, using the internet, are coming into the workforce. Emily you think that it could reaccel
Yields our top story is the u. S. Stock market officially falling into correction territory in yesterdays session. The dow was down by 1033 points. Thats a huge drop weve seen one earlier this week as a result were on pace for the worst week since 2008. The nasdaq was off by 275 points since the slide began back on january 26th, nearly 2 2. 5 trillion in market value has been wiped out from the s p 500. When you look at Global Markets they lost 5 5. 2 trillion over te last two weeks well, you add that up and you look at the u. S. Equity futures, the good news is that things are stabilizing a bit and even turning around after that big decline. Thats not what we saw earlier in the week. Right now it looks like the dow is indicated up by 270 points. If we were to open here, the s p would open up by 33. The selloff we saw yesterday continued in asia. The nikkei was down by 2. 3 . The hang seng was down by more than 3 . The shanghai was down by 4 . European equities in some of the early tra
See its the ace of hearts s that embedded on the cards when something is coming in the future, its in the cards. Im sara eisen im wilfred frost were continuing our iciness from power lunch. Its warm and loving i missed you in the early mornings lets check in on the Global Market picture futures, coming off a decent day yesterday. Small gains led up by the nasdaq tech sector, the best performer in the s p positivity despite negative headlines in the course of the week the dow 45 points higher the s p 5. Nasdaq 15. The real take away, the dow and nasdaq in positive territory for the month of august. The month thats been framed by commentators as being negative, showing signs this market is due a pull back, yet we are positive for those two indices for the month. 8 out of 11 sectors are negative for the month of august, utilities is the best performer, the boring safe haven sector which points to the fact that its not been a gang buster month. Not to pick on you too much, the dow is up 0.