The highly anticipated service shares of gap tank after the company ceo announces his exit it is friday, november 8 and Worldwide Exchange begins right now. Good morning, here is how your money and the markets are setting their day up futures pointing to some stability. A slight decline the dow would be up by about 10 points s p off by about one point and nasdaq off by about 11 treasury yields backing off ever so slightly. 10year treasury moat yields move to the most in a oneday gain since President Trump got elected but seeing a bit of a pull back at 1. 9 . Two year notes at about 1. 7 the knee day in japan about a quarter to the upside. The hang seng is off and the shanghai composite as well well move to the european trading. Dax off a quarter of a percent cac similar and the ftse 100 as well slight declines in the european trade. Turning back to china now reuters is moving the internal option from the white house and advisors joining us live with the latest. I feel like weve been he
Im watching a big apple supplier. 16 , now the highest since june 2017. Supplier,ig apple benefiting from strong demand, the iphone as well. All this makes you want to look at the supply chain analysis. 81 percent of revenue comes from apple, up 5 from a year ago. Is saying that apple pods givingving the company a big boost. Well. G ford as another good boost for suppliers. Stock market did finish lower on the back of trade headlines and weaker than expected economic data, but we are still close to an alltime high. There is evidence that investors in etfs are getting nervous. From two of the largest etfs, 8 billion leaving. Isntmbined value really that large compared to other voo is stickier money. For thee worst month fund on record. Where as you would see this movement in spy as a vehicle for investing, not so much in voo. In spite of stocks at alltime highs, some etf investors are wanting to get out and reallocate. Copper, downng at 2 today, following other base metals. Chinas Manuf
With the time and the budget ive been thinking deep into the german culture of. New jersey to take this drama to you because its all about who i am no im rachel join me for me to get it on the gulf coast. Boeings chief executive admits to lawmakers weve made mistakes one year after the 1st 2 fatal crashes of the boeing 737. 00 next airliner the c. E. O. Says his company deserves scrutiny also additional standing up to Silicon Valley growing in france increase their efforts to build rivals to u. S. Tech giants and saudi arabia opens its doors to the globes fast growing tourist train but is the country ready for it. Im chris cuomo welcome to the Program Boeing c. E. O. Done as model of berg admitted to a u. S. Senate committee that his company got things wrong in the development of the 737. Tuesdays hearing came exactly one year after the crash of a 737 max caused by a faulty Flight Systems for ram only weeks later a 2nd accident with the same type of aircraft likely caused by similar pr
Matt we have markets sapped in terms of their rally stamina because of amazons profit. Seen int reduction have a couple of years. The reason is one jeff bezos promised he would be delivering since the ipo. They are investing for growth, spending 1. 5 billion dollars in order to get customers free one day delivery and market share. Nejra they are certainly delivering on that. That has helped sales, but not delivered as much as investors might want. Boris johnson wanting to deliver that election by december 12. Jeremy corbyn has said labor will not back in election unless no deal brexit is taken off the table. If johnson succeeds, he may push brexit through by november 6. The other Sticking Point is the to know more about an extension at the moment. The eu saying, we need more details about the u. K. Election. A little bit of a catch 22. Matt absolutely. It is interesting labor makes both of those demands. No deal off the table and wants to know about the extension is going to get from t
Lets get into these results from samsung. What was the offer . Not as impressed as the shareholders are. They seem pretty impressed. I think there is a lot of concern they need to be aware of. First of all, the chip business really fell off a cliff. Operating profit really fell a lot. The other thing is the smartphone business had a good quarter. It was the secondhighest sale on record for that division. Incomecompare operating versus a couple of quarters ago, operating profit was a lot lower. Margins a lot worse than it had been in the past. They said themselves this quarter, the fourth quarter, they would see a deterioration, not only in shipments, but also a have bees. What they ship will be the cheaper phones. Not the flagship stuff they had in the first quarter. The cheaper stuff. Those are the landmines investors need to be worried about as we go into the next. Components are weak and their products are week as well. It definitely is downbeat, a column this morning. You sum up by