Im michelle carusocabrera, heres whats happening right now. Stocks are trading near their session lows with the dow currently sitting down 99 points. Were going to have full market coverage coming your way. In the meantime, evacuations are under way in california as a Massive Wildfire tears through parts of los angeles county. We are live on the scene ahead. And, take a look live at the floor of the Wells Fargo Center in philadelphia, thats where the Democratic National Convention Kicks off today. Full coverage coming up in just a few minutes. Brian. Well, as you can tell, folks, from michelle and tyler theres a lot going on today including more on this incredible heat wave smacking much of the country. But we begin with apple. And a big call on that stock that is pushing apple shares to session lows, lets get right now to cnbcs josh lipton with more. Josh. Well, brian, thats right. Those apple bulls are getting tougher to find. The reason for the worry, the health of that iphone franc
Few moments. The dnc kicks off amid country controversy over leaked emails. The ceo will join us in the next hour first up verizon announcing the deal to acquire yahoo s core business for 4. 8 billion in cash. Verizon plans to combine the internet asset with aol. The Real Estate Holdings in that action. Marissa mayer will join us in a few moments once that Conference Call ends. Wow. This day has been a long time coming, jim. Yeah. And i think that the i remember speaking to Lowell Mcadam many months ago when he said this could happen and a clear vision if you gave it to Tim Armstrong they could make something of it. Im excited. Maybe it will be back like the old days in 98 and 99 when yahoo was the leader or not you mentioned mcadam in february, a reminder of what lowell told jim on mad money. Take a listen. We said we would look at it. I think their board has been very responsible how theyre doing this, very deliberately, very logically and we have to understand the trends that were s
9. 9 , were not celebrating mediocrity here, but the markets like the point. And a shocker, donald trump a lead. 36 , and that poll was taken before the california attack and before donald trump said this. You just like me because my daughter happens to be jewish. The only bad news, i cant get her on saturday, i call and call, i cant speak to my daughter anymore on saturday. First thing we do this friday morning, check the futures because we have that jobs report about 31 minutes ago. Im going to call it mode mediocre, the belief is that j el will raise Interest Rates and well see in 28 minutes time. How about the price of oil, look at this. Opec is considering a Production Cut at its meeting later on today. We are, indeed, swimming in the stuff, but theres no agreement on cutting production, at least not as of now and the price of oil is all the way down to 40. 32. Now, more details are emerging from the terror in california. Overwhelming evidence shows they prepared for it. Jeff floc
President tearing up talking about executive action. Tighten criminal background checks and claims hes moved theyre legal under the constitution. Critic, including many gop candidates disagree. Well have live reports from the white house on that story. Ted cruz is one of the critics saying the president s orders are not worth the paper theyre written on. Hes in the middle of a six day barnstorming tour in iowa. Our Political Panel tells us if its a strategy that can actually work. This, the bickering between the sunni and the shia states in the middle east is only getting worse as kuwait holds diplomats from iran. Could the bad blood over the execution of a shia cleric and attack in tehran pose a danger to us, to the United States . Were going to take the question up with ambassador james smith, former u. S. Ambassador to saudi arabia. Big news today, record auto sales, we saw more deadly flooding and, of course, were going to have the latest from ces in las vegas. Less than an hour to
Critical Metals (NASDAQ:CRML – Get Free Report) and Pure Energy Minerals (OTCMKTS:PEMIF – Get Free Report) are both small-cap basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, valuation, risk, profitability, earnings and analyst recommendations. Profitability This table compares Critical […]