Amazon, the latest in the eu cross hairs, facing a probe over possible anticompetitive Business Practices. Plus, ralph lauren and le le strauss in the red, both downgraded to sell at Goldman Sachs. And a tariff fueled strategy shift. Apple reportedly set to begin trial production of air pods outside of china and into vietnam. Another case of big tech under International Scrutiny amazon facing a formal eu antitrust investigation into its dealings with third party merchants. European competition commissioner margaret says based on the commissions preliminary fact finding, amazon appears to use competitively Sensitive Information about marketplace sellers, products and transactions on the marketplace and response amazon issued a statement saying, quote, we will cooperate fully with the European Commission and continue working hard to support businesses of all size and help them grow. This is the last thing some of these companies i would point out that they just brought an agreement with
To the west coast, where the earth continues to shake in Southern California. We pose this question. This is the precursor to the big one we have all been warned about . Varney company starts right now. Looking, cutting, shooting, scores ashley that was a beautiful goal. The u. S. Winning 2nil, celebrating their fourth world cup victory. By the way, aoc tweeting this. At this point, we shouldnt even be asking for equal pay for the United States Womens National team. We should demand they be paid at least twice as much. There you go. Here is President Trump on the victory. Were [ inaudible ]. We have to see whos taking in what. I dont know what those numbers are. I would like to see that. But again, you have to look at the great stars of the mens soccer, the great stars of the womens soccer. Ashley that is a question, equal pay, lets face it, the womens team so much more successful than the mens team. Do they bring in the money . Susan well, i mean, if you think about it, theyre number
Airstrikes on facilities used by iranianbacked forces in Eastern Syria. S the a correct clash it is a direct clash. Two drones aim at israel launched from yemen. They landed in egypt, injuring six. Iranbacked Houthi Rebels launched those drones. Rockets launched from gaza hit tel aviv, three injured, thousands in bomb shelters. Another tank incursion into gaza. Action on all fronts. And there is movement on the political front too. Look at this, a new poll shows President Bidens Approval Rating among democrats has dropped 11 points in a month. Why in the president s support of us radioreel is popular with the israel is not popular with the left. Not hutch of a bounce for not much of a bounce for stocks, this week was a big tech slaughter e. The dow industrials might open with 157point 17 point game, but look at the nasdaq, thats a nice bounce. Not bad. The two stocks doing well this morning, both in technology, look at em go. Amazon up 6, intel up 2, whats that, 5 up for amazon and 7 u
Noceps whatsoever, or does it . If rates go higher, you have to sell stocks. If oil goes higher, you have to sell stocks. Thats what september taught us, right . Dow finishes off 69 points, but the s p advancing. Most importantly, the nasdaq is gaining after being crushed. Yesterday was hideous. How is this comeback possible . Is it fanciful or real okay we got oversold. Thats all we have stocks that have been dropping for days, weeks it hasnt mattered at all until today. Why . First, we are about to turn the page from september, particularly if september is bad. If september brings rain, october bears fruit. There is too much history of that happening you cant afford to ignore history. That makes for bad choices oil is soaring second, and perhaps more important, i tell members of the cnbc investing club we use something thats objective to pay Service Called the s p oscillator i use it to measure when the market is overbought or oversold i know this kind of thing probably sounds like g
By the outcome here a lot of folks that we had talked to and sort of polled unofficially had really thought that zarate would be found guilty of Involuntary Manslaughter and the two lesser charges but he was found not guilty on all of those murder charges, only guilty on the firearms possession which of course carries a very light sentence and he will only have to serve half of that time after credit for time served. He is going to be out in no time. I do want to mention that there is a warrant out for his arrest by the u. S. Marshals office. So he will be going again to that facility, going to jail where most likely he will be deported. Again, to recap this case, 45 yearold Jose Inez Garcia Zarate a homeless illegal immigrant found not guilty of shooting and killing 32year old kate steinle on a San Francisco pier july 1st, 2015. It has really been an an emotional case here. Testimony from steinles father who described on the stand how his daughter fell to the ground after being shot i