Live from new york where business never sleeps, this is squawk box. Good morning welcome to snark box. And whats new about that andrew is off today sitting in with us for the hour is Peter Boockvar, editor of the boock report very clever. Well done. Boock report yes i like it also a cnbc cribber we have a lot to talk about. Lets start with the u. S. Equity futures. Rattled rattled. Dow was down by 16. The s p was off by 3 nasdaq down by 10. Its the first time the nasdaq and the s p have fallen in 2018 it had a sixday winning streak up to that point well watch things this morning. Right now modest advances with the dow futures indicated up by 20 points. S p up by 4. Nasdaq up by 7 well see. Still early in the session well see as we head towards that opening bell what will happen overnight in asia, stocks in hong kong closing higher for the 13th day in a row, extending the record rining stre inwinning st index. Shanghai up by 3. 2 the dax is the biggest decliners of europe, down by 0. 2
Trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two years. Mobile viewing time was up 100 and that helped google despite the currency headwinds that knocked revenue down 1. 1 billion. It would have been 1. 1 billion higher. That combined with expense discipline sent the stock a lot higher after hours. Guys back to you. John thank you. Upbeat earnings and progress in greece helped send the nasdaq composite to a new high. By the close the Dow Jones Industrial average was 70 points higher to finish at 18,120. Nasdaq was 64 point higher. At that new
Earnings of 6. 99 a share trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two years. Mobile viewing time was up 100 and that helped google despite the currency headwinds that knocked revenue down 1. 1 billion. It would have been 1. 1 billion higher. That combined with expense discipline sent the stock a lot higher after hours. Guys back to you. John thank you. Upbeat earnings and progress in greece helped send the nasdaq composite to a new high. By the close the Dow Jones Industrial average was 70 points higher to finish at 18,120. Nasdaq was 64
Earnings of 6. 99 a share trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two years. Mobile viewing time was up 100 and that helped google despite the currency headwinds that knocked revenue down 1. 1 billion. It would have been 1. 1 billion higher. That combined with expense discipline sent the stock a lot higher after hours. Guys back to you. John thank you. Upbeat earnings and progress in greece helped send the nasdaq composite to a new high. By the close the Dow Jones Industrial average was 70 points higher to finish at 18,120. Nasdaq was 64
Lowered by an overhaul of the tax system, as republicans eye the elimination of a requirement for american expatriates to pay taxes both overseas and in the us, that is according to the financial times. And last, but not least, sophia the humanoid robot has been given citizenship in saudi arabia. So lets begin. Speaking on the initiative she said iam very speaking on the initiative she said i am very honoured and proud of this distinction. I will do my best to make the world a better place. My apologies to severe for that terrible impression. My producers say she will be presenting news next. Lets hope not. All humans, and no robots. Joining us now is rolake akinkugbe, the head of energy and Natural Resources at fbn merchant bank. Thank you very much forjoining us. Good morning, iam thank you very much forjoining us. Good morning, i am sofia. In that story has been going for a few days, the congress in china. This is looking specifically at what happens with private enterprise. It seem