That and so much more on making money. Charles earnings from cocacola, schlumberger, just to say a few. Tech stocks are falling out of the gate. The fed may end up being less accommodative. How should investors reconcile all the diverging trends . Phil blancato and jack ablin. All this anxiety is exacerbated near alltime highs a the love things going on. Start with the earnings picture so far . Happy with it . Better than anticipated . Yeah. Expectations were probably as low as a limbo stick. The fact is analysts have been calling for an earnings recession for the last three quarters. So we come into q3 with a negative 3 growth rate. What will likely happen is, that well adjust up close to zero. Analysts will lower their forecasts for next year. Charles here is the thing, phil. Big names have delivered. Also i think, i find it important to remind the office were comparing to the best year perhaps ever in earnings. Pullback is not the worst thing that can happen. Im not worried about fl
Stay out entire field put everyone in disarray. Im talking about the dems and a donnybrook with the dems. So much more on making money. Charles new 737 max fallout causing boeings stock to decline even more. After a report that boeing may have been hiding issues for the 737 max for years. Internal messages from 2016 between two boeing employees suggest that the aircraft maker may have misled the faa about the boeing 737 max, the safety system. Boeing expected to report Quarterly Earnings on wednesday. Bring in Kristina Partsinevelos to break all of this down for us. Reporter you mentioned the leaked messages. That contributed to a lot of downgrades across the board on wall street today. Focusing on three major firms right now. Credit suisse, ubs as well as baird switching positions to neutral. Look at price targets with Credit Suisse is the lowest, quite negative in the report stating 323. They wouldnt support this especially given the leaked emails. Neil, charles yourself, saying boei
Subcommittee hearings on investigations will come to order. We are hearing a hearing called sabotage. The purpose is to examine the efforts to ensure quality and Affordable Health care. The chair recognizes yourself for five minutes for an opening statement. Its no secret that the Trump Administration has worked to sabotage health care in this country. On his very first day in office, President Trump issued an executive order directing all federal agencies to dismantle the Affordable Care act, both, to the maximum extent bylaw. Ever since then, the Trump Administration has worked tirelessly to undermine the aca, and other Critical Health programs at every turn. In her role, this seema verma has been behind many of the efforts to undermine the Nations Health care. Despite her role in this, is the first time administrator has appeared to testify and an oversight hearing, and we have many questions regarding the administrations actions. Since for double care act was signed into law more,
Subcommittee hearings on investigations will come to order. We are hearing a hearing called sabotage. The purpose is to examine the efforts to ensure quality and Affordable Health care. The chair recognizes yourself for five minutes for an opening statement. Its no secret that the Trump Administration has worked to sabotage health care in this country. On his very first day in office, President Trump issued an executive order directing all federal agencies to dismantle the Affordable Care act, both, to the maximum extent bylaw. Ever since then, the Trump Administration has worked tirelessly to undermine the aca, and other Critical Health programs at every turn. In her role, this seema verma has been behind many of the efforts to undermine the Nations Health care. Despite her role in this, is the first time administrator has appeared to testify and an oversight hearing, and we have many questions regarding the administrations actions. Since for double care act was signed into law more,
Chicago. Phil. Melissa, the reason the stock is shooting higher is because the adjusted eps is 1. 86 profit for the third quarter. And that is far above what most people were expecting. The expect aches, the consensus out on the street was for a loss of 42 cents a share. Revenue came in a little under expectations at 6. 30 billion the expect aches for 6. 33 billion in revenue and looking at the gross margins, 18. 7 is what most of the analyst were zeroing in on in terms of what the expectation was for the third quarter. Remember, many people believed as they were increasing model 3 deliveries, especially at the higher price point, that we might see higher gross margin process. Well the gap auto gross margin coming in at 22. 3 a couple much production notes, first of all, trial production has begun at shanghai plant preponderate remember ramping up production and deliveries in china into the end of the year the model y according to tesla ahead of schedule in the production beginning in