If you take a look at the , you will see that Information Technology is one of the groups that is participating in the rally. Tech is coming back today. Banks are coming back today, as well. We do have to mention what is going on with oil as well. Because we had the big overnight move upward in oil prices on the news that saudi arabia and russia had agreed to Freeze Oil Production but then disappointment as that was all they agreed to do. We started to see oil move downward. We are lower on the day. Oil drillers are lower today. We did have wells fargo cutting earnings estimates for many of the Drilling Companies and cutting production targets overall for the industry. We had yet another driller claim bankruptcy. All of that is putting the pressure on and this is one of the groups that is not participating in the rally. Alix what is up with Consumer Discretionary . Why is that getting a lift . Julie Different Reasons depending on what fax you look at. Casinos are doing well. It is seei
While many investors are selling weve got an apple analyst holding ton his rating and well explain why. While tech is weak, energy is outperforming. Remember, this was the opposite last year. Were going to debate whether this tech weakness represents a buying opportunity. Also joel ackman along with Michael Pearson will get grilled on capitol hill. Theyre scheduled to testify after the close. We will have live coverage of that in the next hour. Lets tart with the tech wreck, an outperforming rating on apple but just lowered his price target from 130 down to 120. Julia boorstin spoke with twitter Ceo Jack Dorsey. He said ball street doesnt understand his company. And Dominique Chu looks at the role reversal between tech and energy this year. Lets begin with you, on apple, a loss on the open, at least, this morning of another 46 billion in market value for this stock. As it experiences its First Sales Decline in 13 years. Why are you hanging in there with this outperformed rating right n
This is techknow. A show about innovations that can change lives. The science of fighting a wildfire. Were going to explore the intersection of hardware and humanity, but were doing it in a unique way. This is a show about science. Oh oh my god by scientists. Tonight, techknow investigates oil in the arctic. Hey guys welcome to techknow were here with Cara Santa Maria and marita davison, because were talking about drilling for oil in the arctic. Now i got to spend twelve days aboard an arctic ice breaker the Us Coast Guard cutter healy. Let me just say, it was complicated. And phil, both weather and Climate Change are huge parts of the story because the sea ice in the arctic is receding. And i actually got to see that sea ice receding in action, and the scientists up there that were monitoring this are overwhelmed by the speed that this is actually happening. Well it seems that the more the ice recedes, the easier it would be to drill right . Yeah but what happens is actually different
This is techknow. A show about innovations that can change lives. The science of fighting a wildfire. Were going to explore the intersection of hardware and humanity, but were doing it in a unique way. This is a show about science. Oh oh my god by scientists. Tonight, techknow investigates oil in the arctic. Hey guys welcome to techknow were here with Cara Santa Maria and marita davison, because were talking about drilling for oil in the arctic. Now i got to spend twelve days aboard an arctic ice breaker the Us Coast Guard cutter healy. Let me just say, it was complicated. And phil, both weather and Climate Change are huge parts of the story because the sea ice in the arctic is receding. And i actually got to see that sea ice receding in action, and the scientists up there that were monitoring this are overwhelmed by the speed that this is actually happening. Well it seems that the more the ice recedes, the easier it would be to drill right . Yeah but what happens is actually different
A show about innovations that can change lives. The science of fighting a wildfire. Were going to explore the intersection of hardware and humanity, but were doing it in a unique way. This is a show about science. Oh oh my god by scientists. Tonight, techknow investigates oil in the arctic. Hey guys welcome to techknow were here with Cara Santa Maria and marita davison, because were talking about drilling for oil in the arctic. Now i got to spend twelve days aboard an arctic ice breaker the Us Coast Guard cutter healy. Let me just say, it was complicated. And phil, both weather and Climate Change are huge parts of the story because the sea ice in the arctic is receding. And i actually got to see that sea ice receding in action, and the scientists up there that were monitoring this are overwhelmed by the speed that this is actually happening. Well it seems that the more the ice recedes, the easier it would be to drill right . Yeah but what happens is actually different because even thou