Market cap added and it is now bigger than j j and creeping up on anal . Well, it is, and the problem that it has has and the problem i have, is that i have voting shares for a whole host of compliance reasons, but what keeps it out of peoples portfolio is that fact alone. Well, doc, is it going to be in everybodys portfolio . I think it should well, where apple was, facebook is there now. Well, im a trader and not investor. And for the Wealth Management clients, knock on the wood that we were loaded up on the facebook, and call spreads and naked stock, and it worked out well, and pete made a great call yesterday on the show about it. As far as me and a trade, once it gets up to the level of 1119, i think that you let it rest a little bit and it does not mean that it is not going to go to 125 and work higher from there, but i think that after this serious afterhours pop which has held now so far today, but basically not extended past, i think that you would get a couple of days or the
Qua Quarterly Sales drop for 13 years, and the guidance is coming in lower than expected. And this is tim cook talking about it on last nights Conference Call. As we continue through the june quarter, id like to remind you that remeasure the health of the customer demand in sell through, and despite the q2 channel of the inventory in light of the Macro Economic environment we plan to loe wer e channel inventor ris in the june quarter to impact the revenue in q3. Apple is the biggest laggard having a 44 point downside, and lets bring in dan morgan who is the Portfolio Manager of sinovis. What are you seeing . Well, it is a monumental quarter where they quit growing in the huge pace they were in the past, but it doesnt really change, carl, our opinion Going Forward on the stock. We have a big profit in it, and we are not go to the be making a change right now in terms of selling it. We are hopeful with the iphone 7 coming out with the previous history of the other instances of the other
From 770 to 1,000. They see e strong trajectory from the retail to cloud. They say that amazon is so profitable, it is harder and harder for the company to find way t ways to spend all of the money. Separately, amazon announcing a youtube competitor called video direct, dennis, which has some irony in it, because just when the analyst says that they have run out of things to invest in, and here is a brandnew thing to invest in. I have known that jeff bezos for over 20 ways will find a way be it drones or videos. You cannot deny amazon as of late. The store riff to success is about the aws, the amazon cloud services, and if you are looking at the growth from that business, and the last quarter, they drew about 15 of the revenues and had about the same amount of profit as the rest of the quote, unquote amazon. Here is my predick is shun for you, at some point the performance is so great they have to spin it off as a separate company. That is interesting, and people would disagree with me
Today. After whats been a rough week, we are looking for a positive action. Lets take a look at the 10year yield. Are we around 2. 6, somewhere in there . 2. 64. And lets head to our road map now as well. Where does it start . Where would you expect . Twitter filing for 1 billion initial Public Offering. The Ticker Symbol twtr. The filing reveals the company not yet profitable. So is it worth an investment. And without job support today, markets will have to watch washington to see whether theres any end in sight for the Government Shutdown now in its fourth day. And look out apple. Samsung predicting a a record profit for the Fourth Quarter as it releases its new galaxy smartwatch in the u. S. And a massive spread in usa today, which well get to later. Lets start with twitter, of course, which has unveiled its highly anticipated initial Public Offering plan. Julia boorstin is outside twitter headquarters in San Francisco. Ooh, the wind is blowing, your hair looks very nice, julia. Tak
And. And were going to get another good snapshot of the retail world in about at hon when j. C. Penney and nordstrom both report. J. C. Penneys continue toss bite out from the very deep hole it dug for itself. With an hour to go in markets, the Dow Jones Industrial average up about 49 points this hour, the s p adding about seven, the knead dab is up 14. Were keeping a close eye on the rate space. Watching oil, scott, looking for whats driving, what is the catalyst in this market. Joins us now, steve crawl, cnbc contributors Heather Hughes and great, and todd saldoni, and yes, of course our own rick santelli. Whether its iraq. Well, the good news about that is its going to force Interest Rates to the fed can only do one and do at the most, and so youre going to force investors to put money into stocks, bonds and junk bonds. In light of whats happened, especially . Germany, flirting with a 1 mark, you think that tenyear rate could go . And probably the key is it will probably stay below