Dow climb 2g 28 points s p advancing 2. 2 its time to revisit fang, my acronym for facebook, amazon, apple, netflix, alphabet, aka google ill throw in the other big tech theme under fire, microsoft. Lets start with apple in the Tour De Force of the new iphone and the watch to me it looks incredible. Battery lifes longer. One hour to four hours depending on your new model. Cheaper prices you also get apple plus, their new streaming service for free with purchase. 4. 99 per month value. Ive looked at some of what theyre developing for the video platform even though i think it is universally poopooed, over time i think youll see its essential watching its half the price of netflix i like the entertainment the new watches 0e78 only cost 199 i think thats the price point to get worldwide adoption for this thing which will only layer on still more Service Revenue. I have fantasy football on this thing. Every time one of my guys scores,explosive when a version of the ipod hit that level, 199,
Long wetlands on china, is starting to look like its biggest handicap. Going global. We hear exclusively as the Company Lands a worldwide expansion drive. Look atts have a quick how markets closed. 500 closing near session highs. Every sector was in the green. Communication and tech stocks leading the gains. The nasdaq was higher by 1. 3 while the dow gained 270 points. We had more positive sentiment when it came to trade both in the u. S. China front but also in the u. S. Japan front. President trump opened the door for a potential sit down with the iranian president. Thin. S were u. S. Futures at the moment not doing much. Lets see how we are setting up asia. Selena nursing mark green across the board. We are thinking we stocks trading almost at. 8 . Whipsawed by being the backandforth escalations of the trade war. There are fears of a global recession on the rise and rising protectionism in the calendar. Investors seem somewhat the ebullient again. Oil futures with changing rhetoric
On a secondary Stock Offering by the company. Beyond is on track for its secondworst day ever. Its worst day was back on june 11th, when it went down more than 25 in volatile trade the secondary offer is for 3. 25 million shares 3 million will be sold by current shareholdered while 250,000 will be offered by the company. A regulatory filing chose that Ceo Ethan Brown plans to share more than 38,000 shares which could net him 38. 7 million. Theyll use the proceeds for expanding supply and marketing some believe that could lead to further Short Interest in the stock, because it could cut borrowing rates. But the bulls say the offering could be a positive for the company if the shares end up in sticky hands this as the companys actual results were fairly strong beyond raised its yearly revenue guidance from 210 million to 240 million it attributed its quarterly revenue beat to new partnerships and increased demand from existing customers despite the stock taking a hit, many analysts also
Happening. I will focus on the u. K. The real story coming in, the markets along with Boris Johnson starting to look at may be no deal brexit. As a result we have the fish found against the u. S. Dollar, we will we have the british pound against the u. S. Dollar. A big move there. That is one of the factors outting the ftse 100, it is forming the rest of europe but it is but there are other factors. M a is one of them. Deal buying a business sold to blackstone and now being bought by the london Stock Exchange. That will put a whole different class when it comes to financial assets. Its trading up there are other deals as well. A big week for the Global Economy with rates decisions from the boj, Federal Reserve and bank of england as well as Economic Data from the u. S. , germany and china. Lets get to someone who can help us size up investor sentiment. He comes to us from boston. Lets begin with the Federal Reserve, do we see basis points decrease and is it warranted . It is the wood v
Arrested. President trump must top Holding Americans hostage and stop manufacturing a crisis. There is a humanitarian crisis at the border. Trish in a stunning reversal the house is passing a version of the senate bill. As we said, the senate approving this bill, all as President Trump holds meetings at the g20 in japan. President putin and president xi of china. We have reports coming up for you live from japan. A beauty a excellent is going aunaturale. Trish regan primetime begins right now. If you had any doubt about the direction the left wants to take our country, its crystal clear. The United States, the most of successful economy in the world could very well cease to exist. There are two paths ahead right now. That of economic success and that of economic failure. Lets be clear. I dont agree disagree i should say, with of the complaints we heard from the dem about our economy. And we heard a lot of those concerns last night. It is totally messed up. It is totally messed up in fa