Were off the lows nasdaq is green. Russell is green dow is down only 160 the s p is down. I mentioned crude. I know its jarring. You look at that number to the right hand side of your screen down 43 crude sinking more into the abyss. We do have big earnings reports out this week. Well discuss all of that. Pete, dow and s p are on track for the best month since october of 2011. Now were starting another week. What are you doing in the market today . Its probably one of more active days. Last friday when i was on with you, that last three hours of the day, it seemed like an opportunity to me because we had that the last hour we moved 300 points in the final hour of trade. We talk about these other things, the computers and Everything Else. That is probably what was working to the upside on friday. Its a little bit better its still part of what we have been seeing which is the nasdaq and the nasdaq outperforming when we were down about 2 the nasdaq was down less than 1 as we started to mo
Thats the highest since june. Road map begins with twitter shares in the green after the Company Plans to cut 9 of its Global Workforce, better than expected results in the Third Quarter. Plus, qualcomms buying nxp, its the Largest Semiconductor deal in history. Steve mollenkopf will join us late ner a cnbc exclusive. And tesla shares moving higher after reporting a surprise profit setting a new record for quarterly revenue. But first up, twitter announcing plans to cut 9 of Global Workforce as part of restructuring. The company also posting better than expected Third Quarter results, monthly active users up 4 million from the previous quarter. Mobile representing 90 now of total ad revenue, which rose 6 from a year ago. And they go into the Fourth Quarter, jim, which they said on the call is the strongest for ad spends. When you sit down and take a look at the numbers very closely, it is still a mix. I can tell you that the Fourth Quarter guidance is a miss. U. S. Is only growing at 1
Make deutsche makes news. Tenyear back is almost to 1. 7. Oil holding on to that surprising reversal from yesterday. Jack Dorsey Square up double digits on news that visa took a 10 stake in the company. Aig is on the rise after announcing a 14 dividend increase, most importantly carl icahn representative getting a seat on the board and john paulson also taking a board see the. And another heated democratic debate last night with Bernie Sanders again taking aim at wall street. Well bring you some highlights. And global banks getting slammed. Whats behind the selloff and why . Some names are starting to rebound this morning. Futures extending their gains after data showed january retail sales rose a better than expected 0. 2. A rally in oil prices helping to increase positive sentiment. Yesterday at an Investor Conference in puerto rico, Hedge Fund Manager john paulson told Michelle Carusocabrera that he believes the markets have been overreacting to economic news, though he stopped shor