Langone. And a lot more. In the meantime take a look at shares after tesla right now. Dropping about 4 ahead of the afternoons earnings release. There was news elsewhere that the company has lost two key executives. Not great timing as they get ready to ramp up that new model 3. We have details on all of that coming up over the next calm of couple of heres. Joining us today the Brian Jacobson from wells fargo. Jonathan from is sitting next to me and Rick Santelli from chicago as well. Look at the numbers the weakness in the jobs number, earnings. A whole litany. But why now. Those are the same things we discussed as the market going higher and were going to continue talk about those a little more. The seems like the market is always a little bit behind and it takes a while to see the effect. Seems like today we have a lot of things coming together. Economic data, europe, china. We had a m a deal cancel this week. So different factors out there pressuring the market. Also ahead of the u
In libya. Ali baba on the move this morning. Noted short seller jim chenos saying hes betting against the company. Hes also shorting tesla. Were going to hear what elan musk had to say. Donald trump not pull anything punches as usual on squawk this morning. His harsh words for janet yellen. And j. D. Has outbased. I go over the ali baba i think the real takeaway is china, Consumer Spending is very good. Thats my feeling. You think thats too brought, brought takeaway . Ah, no. I mean, listen, this is the cleanest gauge you can get of Consumer Spending. The move to mobile, by the way, is really incredible and pronounced. Now that, of course, is just something weve seen across the board when it comes to commerce, ecommer ecommerce. But the numbers were stark. Theyre now at 70 of china commerce Retail Revenue generated via mobile. You can see how its pulling everything up. Look, i think alibaba, for americans, its just yahoo . Somethings going on there. No 34 million. It adds up, 5 bucks o
And one of valleys biggest defenders is out defending. And u. S. Special forces heading to syria. Will this add more uncertainty and volatility to the oil market . Before we tackle that one, lets go down and touch base with sarah eisen. One stock everybodys watching today. Shart of valiant pharmaceutical. Down more than 60 in the last three montes. The Company Fighting defending its Business Practices of the. And also today. One of valiants biggest investor s ackman, olding a cal to hold his stake. With the Specialty Pharmacy philidor. Activities raising questions about the companys Business Practices. This comes after pharmacy benefits manager cbs care mark, express scripts all said last night they are terminating their relationships as well. Citing non compliance with the terms of his agreement. And last week saying it acquired an option to buy the Specialty Pharmacy at the end of 2014. Valeant said 40 of flowed that the channel. And a lot of investors questions valeants decision to
Today. Instead, our focus is on another big issue. Windows. Jim cramer is back today. He joined us yesterday, illuminatingly with seven ceos. Hes got seven more from his list of bankable ceos. Its a list of 21. You wouldnt bet on a Football Team without knowing the coach. Dont pick a stock without knowing the ceo. Mad money man believes these are so strong and capable, its worth investing in their stocks. On that primarily. First to sue at the nyse. Sue . Ty, you mentioned, dow, big loser of the day. Off the lows of the trading session. When i came down off about 200 points. Now down 184. 16,188. 84. Look at the ten year. Weve seen yields move lower as money goes into the ten year note. 2. 78 . Havent seen that in quite a while. Also the talk about china this morning. Not only the pmi, but other issues as well which well talk about the shanghai index down today. Down 7. 5 in the past month. Lets talk about all of this with bob pisani and cnbcs market analyst. Good to see you again. The