Twitter shares soaring on a rumor the company is looking to build a Subscription Service a source close to the situation tells me that a Subscription Service is one of many Revenue Generating options that twitter is considering, but that no announcement in that area is imminent Ceo Jack Dorsey has said hes kicked around the idea of creating a subscription tier and twitter management has talked about building new revenue stream the focus on new ways twitter could make money as tiktok opens a new platform senator tom cotton warned americans against use ticktock. Secretary of state mike pompeo said late monday that the United States was looking at banning chinese social media apps including ticktock. Ticktock responded to pompeo by pointing to the companys new american ceo, former disney executive kevin mayer, saying we have never provided user data to the Chinese Government nor would we do so if asked. I want to go to dan nathan first. As i recall, dan, you had fast pitched twitter back
This is an interesting situation. There are important clearance signs flashing in the debt and Short Interest of some retailers. B don its time to risk less and make more options action starts right now. Lets get right to it. Next week kicks off a flood of earnings with financials our chart master carter worth says one name in the space is heading for a big bank breakout. Carter, take it away. Obviously very, very important part of the economy, part of the market a the first is a twopanel chart youre looking at the s p 500 Financial Sector on top and the bottom youre looking at its relative performance to the market what is quite remarkable, of course, is that the bottom panel is right at the 2009 lows. So the question is do we bounce here, do we cut through . Independent of that, there is an opportuni opportunity. This is Morgan Stanley its also a twopanel chart. On the top is Morgan Stanley over the last five or six years. What you see is monobegan strgay is not at an alltime high bu
Gain tackling your questions on the rally ahead. The trader radar, what are you buying and selling today, josh melissa lets start with what is popular on robin hood according to robin track. That the Spartan Energy acquisition nio popular not only today by the way but saw the biggest gain in popularity for the week netflix, amazon and microsoft. As for Spartan Energy, lets dig into names there is report it could do a spak that would allow the ip ocho plan to make a vehicle everybody wants a piece of the market phil wouldnt be surprised if this happens then lets move on to fitbit, another name to watch. Reuterss did a did a report goy be able to avoid the full investigation into the bid for fitbit if it promises not to use the data to target ads another one to watch, bed bath and beyond reported earnings, sales dropped 50 but still has plans on the street. Raymond james reaffirming a stock buy says it should represent the low water mark in sales and earnings ill end with netflix. That p
andrew? thank you, becky. that s a heck of a show. it is. got a lot of big names, so this should be fun. let s talk about the headlines this morning. cyprus is working on capital control measures today to prevent a run on the banks. banks there, they are due to reopen tomorrow. cypriots, though, have taken to the streets to protest the bailout deal with international lenders, and our own michelle caruso-cabrera remains in cyprus today. she ll join us with a live report in just a couple minutes. in u.s. corporate news, pay attention to boeing. boeing could face a new challenge as it tries to get the dreamliner back in the air. experts now say that the faa may shorten the permitted flying time of the aircraft on certain routes when it approves a revamped battery system. here s the problem, this could be a blow to boeing and its customers because the dreamliner was designed as a fuel-saving jet aimed at lowering costs on long-distance transocean journeys. of course, if
own markets despite flirting with the record high in the s&p and are we in danger with the quarter end just two days away. italy s attempts to form a government fatters once again. no wonder eurozone falters since october. this time from credit suisse who moves more than $100 to $942 and the company giving google glasses to 800 contest winners. even as it admits it s likely to lose money as a result of the foreign bribery allegations in mexico. stocks did rebound yesterday and put the s&p within two points of its all-time closing high and the dow with another record high. if the blue chips can add another 111 points this week will dow will post its biggest quarterly percentage gain in three and a half years. something we keep dancing with, jim, but at these levels it s tough sledding here getting past some of the headlines. we ve had this morning where there s been a big flight to safety with the drug stocks and the soft goods. this has become a market where oh, the