Oracles deal for tiktok hurdles as President Trump is not ready to sign off on the plan. And Hurricane Sally our conversation with the u. S. Energy secretary coming up this is Worldwide Exchange here on cnbc good morning, good afternoon, good morning and welcome wherever you are watching. Thank you for joining us on Worldwide Exchange. Now your money are setding it up for the day in the red stock futures at the bottom right of your screen we call it a bug, down 225 points on the nasdaq, the dow rather, the nasdaq down 118. It looks like Big Technology may be happening it is early and futures are turning around right now, we are down across the board. The dow got a minor gain it was a different story for the s p 500 which was a better measure of the market and the nasdaq has shed more than 1 the index has been dragged down by shares of apple facebook and microsoft also big laggards. Snowflake open raised from one day earlier. At one point, shares climbed up above 300 a share after pulli
Cspan is covering this event. I would like thats the reason im starting on time because we have a few more people coming in and a difficult afternoon at the present building and we will welcome them when they get here but i would like to ask for your cooperation in terms of turning your phones off to make sure that the ringing does not get broadcast to the whole cspan audience worldwide and to avoid as much as possible walking walking in front of the cameras. It does not look good for people in the middle of that conversation going back and forth. Also, id like to announce that for those of you who are new at the arab center usually our question and answers are done in writing so anytime you have a question feel free to write down your name and identify yourself and write your questions when you are ready, raise your hand that would collect them and pass them on to the chair of the panel and then your question will be read and addressed, if you wanted addressed to a specific family, pl
President once again targets the fed. Huawei restrictions relief tech executives expected to make their case to the white house today. And equifax to pay as much as 700 million for that 2017 data breach well start with futures, though, set for a higher open. The dow, s p and nasdaq all lower in three of the past four trading days big week for earnings. Well hear from phobia, amazon, alphabet were a week away from the feds decision on rates. And then the president today is tweeting its far more costly for the fed to cut deeper if the economy actually does in the future turn down very inexpensive in fact productive to move now the fed raised and tightened far too much and too fast. In other words, they missed it big. Dont miss it again. Of course now the fed blackout window is in place so we wont get a response to that, jim, before the meeting. Look, the president is he wants that last hike repealed. I think that we have to hes obviously a lightning rod beyond belief, but its perfectly r
The air max one sneaker is now selling for on one specific secondary market that if youve got a teen son or daughter, nyo know what this is. Its moving as we speak. Meanwhile, boeing moving as well, still dealing with its own controversies at this hour as delays and backlogs of its 737 max jet could soon be cutting into profits. American air carriers still feeling the effects of the grounding of that plane. In fact, they are making changes right now. Wall street journal aviation reporter has broken multiple stories on this. Hes here in a fox business exclusive to give you boeings latest flight plans. Facebook facing its own challenges, with fake cancer cure ads and the scary situation at its headquarters during this hour yesterday. But its Cryptocurrency Libra is full steam ahead. We have one of the key links in the Facebook Libra blockchain. The cofounder and president of a Company Called anchorage. Who and what are they and why is everybody talking about them as one of the strongest
Competition with china. Order Security Intelligence he d add efforts to combat the spread of misinformation. Held by the Senate Intelligence committee, this is about the cia william burns, fbi director christopher wray. They joined other leaders commuo talk about the importance of continued support for ukraine, the israelhamas war, competition with china, and efforts to combat the spread of misinformation. Th i about two hours and 15 minutes. Good afternoon. I would like to call this our witnesses. Director of National Intelligence avril haines, cia director bill burns, fbi director christopher wray, assistant secretary for intelligence and research at the state department, brett holmgren. Director of natial security hop. And Defense Intelligence agency dea director jeffrey cruz. Thank you for appearing before the Senate Intelligence Committee Annual worldwide threats hearing. It is important for congress and the American People to hear directly from the leaders of our Intelligence Com