In the premarket, its down by about 37 cents. Andrew, over to you. Thank you, becky. Were going to break down apples big show and tell. Two new iphones, the much anticipated apple watch and payment systems. U2 teams up with tim cook. On this day after, is this big reveal getting rafs or being ravished . Here to give us their take, jonathan geller, founder and editor and chief of boy genius report. So if youve been living earn a rock, tell us, what ill go to you, mr. Boy genius first. A big take away. Great, horrible, in the middle, thumbs up, thumbs down, what . I think its a lot of what we expected, but i think it was three incredible announcements and two brand new areas that apple is im sorry, three incredible announcements being the larger phones . 4. 7 inch, 5. 5 inch, a watch and payment. And of all three, which one impressed you, which didnt . The payments to me i think is the most important. I think its an area that people generally havent thought too much about disrupting and
But, of course, the contrarians say thats great news for stocks, actually, because when everyone is bullish is when its time to worry. Well take a closer look at what 2014 might hold up. Its an interesting survey. Also, a tragic story that is gripping the nations attention right now. A carjacking at an upscale new jersey mall turns deadly last night. It was the mall where we did our black friday show, the day after thanksgiving. Thats right. We were there just a couple weeks ago. I mean, a horrible story, taking the life of a 30yearold man. As it unfolds, just nine days before christmas, could this be another reason for shoppers to pause in what has been a tepid Holiday Season anyway. Well have a live report on that tragic story coming up. Lets take a look at markets at this hour. The final trading hour of the day. The dow is adding 145 points. Closed to highs of the session. Its up about 1 . 100 points, bill, isnt what it used to be. The nasdaq and s p 500. Lets look across those inde
At t and yahoo reporting after the bell five ten minutes afterwards so well have plenty of coverage on that. Earnings continue to be a theme all day. We have also got an eye on the nasdaq which is lagging again today. Part of that has to do with the intersection of two stories right now. The stock story of the day no doubt is apple which has been crushed. Lets look at the shares at the moment. Theyre down 7. 6 . A big move for this name. There are some people who believe this is a buying opportunity. Carl icahn buying half a billion dollars worth again. We have someone joining us who says carl is going to take a bath because apple is going down to. Hes hear to make that case. Were also two hours away from a crucial decision from the central bank, not our central bank talking about turkeys central bank. You need to care about this because the decision it makes will have ripple effects on your money right here in the u. S. Its all part of the emerging markets mess the currency things tha
Sovereign debt. And a slowdown in australias mining boom catches up on revenues. It sent the nations deficit looming well past earlier forecasts. Plus, the prognosis with doctors, less than healthy. Gsk will stop paying doctors for promoting its drug, a first for the pharmaceutical industry. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And welcome. Youre now watching cnbcs worldwide exchange. Plenty to get through on todays program as we get into the christmas and new years spirit. Will there be much cause to celebration as far as assets are concerned . Well speak to an expert who is advising caution on european equities in around to minutes. After months of rapid gains, the u. S. Housing market appears to be well on the way to recovery. But buyers beware, the seconder could cool off. Were going to check on housing at 11 00 cet. As glasso smith cline announces a shake up in its policy to promote drugs, well take a look at pharmaceutical
And of course, the latest lightest volume of the year yesterday, and the fed may respond to dday later at the fe meeting. And today, the publisher newspaper business, the post and can he do for papers what he has done for books . And the big black and blue ibm shares falling under Credit Suisse. And michael kors up strongly after sales, but American Eagle outfitters are losing altitude after issuing a profit warning they post in a couple of weeks. Meanwhile, a stunner the world of media, Washington Post selling the Newspaper Publishing businesses including amazon to jeff bezos, and Julia Boorstin has more on that blockbuster deal. This news took everyone including editors and writer at the post by surprise. The Washington Posts Company Whose name will change saw the stock rise with caplan tech being sold and now what the billionaire icon plans to do with the newspaper. Jeff bezos stressed what a newspaper plays in a free society, and he says that the newspapers duty remain s s to reade