Results as leadership speculation swirls. Lets look at how we are positioned on the markets. Australia, looking like a flat open. Moved loweres have on that news from apple. Nikkei futures off about a fifth of 1 . New zealand has been trading for about an hour now. Ospi futures the latest company to announce fallout from the coronavirus. Joining us, mark gurman. Background into this announcement. Apples second revenue adjustment to years in a row. This time it also has to do with china but for a different reason , coronavirus. Billion for the march quarter. They are not saying what the new Revenue Target is. It is very clear that this is happening an impact on them. Sales in china are down dramatically. Two stores, most of which have been closed in february. China is the third biggest market. Second, the iphone is temporarily constrained, meaning they are producing less and selling less in the quarter. Andiphone makes between 50 60 of the revenues depending on which quarter you are loo
Bidens age. Senator warren punted when confronted with middle class tax hikes to pay for medicare for all. Bernie sanders, same old, same old. Nothing new. Hes still humorless and very angry. Senator harris failed to break through. She accused the president of sowing hate. Beto orourke came out in favor of gun confiscation. He received cheers for that. If there was a breakthrough, it was andrew yang. He would select ten families and give them 1,000 bucks a month for a year. He calls it a freedom dividend. Lara trump will join us. Shes going to respond to the democrats calling the president racist and a white supremacist. Now look at this. Another rally and its likely going to take stock prices to new alltime highs. Probably today. Two items helping the market. President trump talks about china trade and seems to suggest that an interim small scale deal is possible. And this morning, china says its not going to put new tariffs on american soybeans and pork. That does sound positive. The
Pretty hot space survey monkey is in this space as well being able to collect data not just from the world at large, but customers, btoc, part of this whole transformation we keep talking about leslie picker will have the ceo later on in the hour got to start with microsoft, though, this morning, obviously beating the street on the top and the bottom line, upping its guidance and widening its lead jon, you know the Company Really better than anyone are you impressed at this point, at least with growth in cloud . I am, carl, because cloud has become at once so important and then nonsensical at the same time it used to be, you said cloud, you sort of knew what people were talking about oh, its those servers that are out there that are storing enough now cloud has become such a mainstream enterprise story. You have to ask questions two, three layers deep to figure out exactly what is the company talking about when they talk about cloud . Do they really have a fundamental technology are th
Good tuesday morning. Welcome to squawk alley. Joining us this morning, elie wiehl is on set and mike isaac. We will get to you in a couple of minutes. We start with mixed signals from washington over the president s reported conversation with Russian Foreign minister lavrov inside the oval office. National security adviser h. R. Mcmaster now set to hold an oncamera press briefing in about 30 minutes. We will bring it to you when it happens. John harwood is in washington to set the scene. Clearly the white house is taking this seriously, as it should. What do we expect to hear from mcmaster . Well, i think this is the most significant damage control this white house has had to do so far, because what we have been seeing is an erosion of republican support. Its not an outright jailbreak in terms of people fleeing him but you do hear more serious criticism of him because this does involve National Security, not just involving russia, but also involving isis and i would expect that genera
News in napa county. Fire officials have issued mandatory evacuation stemming from this large wildfire. We are getting live pictures of the canyon fire, it his grown to 100 acres and its only 10 contained. Structures in this area are threatened. You can see that in these pictures. There are road closures in the area of highway 128 and berryessa road. One grew from 30 acres to 100 acres, no word on any injuries or a cause. We will follow this story and provide you with updates. Back to our top story, San Jose Police announce they track down a homicide suspect accused of killing a Liquor Store Owner yesterday. Jesse gary was at a News Conference and police provided more details. Reporter chief garcia just told us last nights arrest was a collaborative effort between robbery and homicide detectives and the county sheriffs office. Lets look at our video, the suspect is Muniunmee Hendrix under arrest and inside jail with no bail. He has a violent history including possession of a firearm, s