Twitter shares soaring on a rumor the company is looking to build a Subscription Service a source close to the situation tells me that a Subscription Service is one of many Revenue Generating options that twitter is considering, but that no announcement in that area is imminent Ceo Jack Dorsey has said hes kicked around the idea of creating a subscription tier and twitter management has talked about building new revenue stream the focus on new ways twitter could make money as tiktok opens a new platform senator tom cotton warned americans against use ticktock. Secretary of state mike pompeo said late monday that the United States was looking at banning chinese social media apps including ticktock. Ticktock responded to pompeo by pointing to the companys new american ceo, former disney executive kevin mayer, saying we have never provided user data to the Chinese Government nor would we do so if asked. I want to go to dan nathan first. As i recall, dan, you had fast pitched twitter back
Airlines, had good looking earnings. And then today bank of america and wells fargo were among the standouts among the banks reported earnings. Speaking of earnings, wells fargo exposure is a focus for investors well have a first interview with john shrewsbury. Today a bit of a pullback but essentially neutral. Well bring you the ceo missage as they open up to developers for the gopro app. Who had the best day yesterday . Was it kobe, steph or jamie d e dimon . What one is calling the ceo trading bill of the decade. I think he was double that in his annual ized return. Thats true. Lets start with the airline stocks, getting the lift from the better than expected earnings report. I would say first off, i dont know if jamie dimon took 50 shots the other night as well. Lets talk about delta airlines, they reported First Quarter operating profits that beat wall street estimates and airline companys revenues did however fall like you mentioned. They fell slightly short of estimates with som
Citizenship to the undocumented. Im going to tell you right now, go on record right now, this is the only thing that donald trump can do to possibly derail himself. I think we can call this the lowest day in the trump presidency. Thats no art of the deal. Thats complete surrender. As a just noted the president meeting with his cabinet this hour. Infrastructure is the official topic. As team trump tries to get an early start on its Election Year agenda. We should get some access momentarily when the report hers go in and come out, well bring you the tape. The white house lashing out today at a new court ruling that says the administration cant go through with its plan to end obama era protections for the dreamers protecting them from deportation. As the Administration Calls account ruling outrageous, congressional people say it adds to their determination to find a compromise to the daca issue. There is a bipartisan desire to find a solution as we saw an yesterday at the white house. Ye