Google and apple in talks to use the ai engine in the iphone. Thats showing signs of life in the ai trade. Joe . This potentially reeignites the mag 7. Fundamentally this is interesting, and i am not sure who will be paying who in this scenario. Obviously we know they pay apple in terms of search. This is also a little bit puzzling to me for apple. Is this an admission maybe they could not bring forth their own ai or gemini ai fast enough, and then the regulatory risks for this as well. Clearly this is a significant positive for alphabet. I think its something that probably has been circulating for the last week, because alphabet has had a strong period. Apple had open talks about open ai in the bloomberg report. Maybe this is a look at apple and maybe they didnt have that ai together in time for the Worldwide Developers conference in june. Google is a default Search Engine for apple, and this deal makes sense from this standpoint. Its no secret, clearly, that the gemini rollout has no
Levee. Tom, this 2024 race, its trumps economy versus bidens in the parttimes and the polls show voters are getting numb to this. Politico reporting more charges from special Council Jack Smith potentially coming against trump. The grand jury meeting on trumps finances and potential fundraising off contesting the 2020 election. This feels like overload, tom. What do you think . Yeah, liz, look at polls. Theres certainly indictment fatigue among republicans and, you know, its just so much. All coming everywhere at once. Jack smith is clearly no bob muller. Hes not a hamlet guy thats ringing his hands wonder hag he should do. Hes being very aggressive and filing multiple charges in multiple jurisdictions. Hes filed superseding indictments and now it sounds like hes poised to launch another round of charges either against former President Trump or against the unindicted coconspirators in the january 6 indictment. Theres a lot going on and were nowhere near the end in my view. Elizabeth jo
Quickest pace since 2004, which i believe was last month. Amidst the economic members, we do not see Much Movement in the stock market, in part because a lot of it is earnings driven as we get Big Companies reporting. A lot to report after the close of trading today. Thettle bit of pause after selling we saw over the prior three sessions, stocks between gains and losses today. To give you a picture of how big of a Driver Earnings have been to the recent, before the recent gains in stocks. You are looking at the forecast for s p 500 earnings and white versus s p himself it self and blue. We have seen 2018 pershare earnings estimates climbing by 4. 5 , nine times the average monthly pace of the past five years. That has been helping propel the rally, at least until it stalled this week. Omberg intelligent intelligence says if this pace slows down or reverses, it could provide a number another stumbling block for stocks. We have facebook Earnings Report after the bell yesterday, initially
Rally yesterday and for most of the week now weighing down the market today coming up we will look at which stocks could be the big winners and losers from the Senate Healthcare bill proposal and President Trump has been touting an improving economy, but economic disappoint hasnt been this low in six years were going to discuss what trump can do to help turn things around mean healthcare is still on pace for its best week of the year it is the best performing sector this week led by the biotech these gains are just shortterm moves in his view. The market is focused on shortterm profits if you look at whats going to happen five or ten years down the road, this is going to cost much more. So were going to have some shortterm savings but in the end the taxpayer is going to pay much more joining us now to talk about the stock market impact, are you looking primarily at the insurers and do you think its this bill thats driving insures higher or could it be they dont think the markets going
Thursday morning live from atlanta. Morning joe starts right now. Tomorrow is the first president ial debate. The big controversy is which drugs may be used tomorrow night. I just i just want to, you know, state for the record that i have no idea what drugs i will take when i watch the debate, but they will be potent and plentiful. Well, its finally here. Tonight, President Biden and donald trump are set to face off in their first president ial debate of this election cycle. It is a Pivotal Moment that could shake up the race for the white house. Well go over how both have been preparing their pitch to voters, and well show you a demonstration on how the microphones will actually work if biden or trump decides to interrupt each other. Mika is actually getting this technology from cnn, and well import it into morning joe and use it on me. Well set it up here, and itll work perfectly. Also, an abortion document was mistakenly reported by the Supreme Court. What are they doing . It goes u