System as it ditches ups and fedex. The year that was. We check out how Big Tech Companies apple and facebook fared in 2019 and how each is set up for the new year. We begin with a look at tech in the markets, most notably, semiconductors. We see that chipmakers bottomed out nearly a year ago and have been on a riproaring rally since then. Micron adding to that sentiment, as the Company Reported firstquarter earnings wednesday. Micron impressed wall street with a strong outlook of between 4. 5 4. 8 billion dollars in revenue. Shortly after the Company Reported, i got insight from Wedbush Securities analyst matt bryson, who joined me on the phone after the analyst call. Matt they are seeing tightness in certain areas. Also, they are calling the bottom for memory in general. They think this Current Quarter is going to be the bottom of the cycle. That fits with the tightness in certain areas. And very much parallels the guidance they gave for gross flat margins, which suggests that prices
We explore amazons Delivery System as it ditches ups and fedex. The year that was. We check out how Big Tech Companies apple and facebook fared insystem as it 2019 and hs set up for the new year. Tech in with a look at the markets, most notably, semi conductors. We see that chipmakers bottomed out nearly a year ago and have been on a riproaring rally since then. Micron adding to that sentiment, as the Company Reported firstquarter earnings wednesday. Micron impressed wall street with a strong outlook of between 4. 54. 8 billion dollars in revenue. Shortly after the Company Reported, i got insight from Wedbush Securities analyst matt bryson, who joined me on the phone after the analyst call. Seen tightness in certain areas. Also, they are calling the bottom for memory in general. They think this Current Quarter is going to be the bottom of the cycle. That fits with the tightness in certain areas. And very much parallels the groep the guidance they gave for gross flat margins, which sugg
The year that was. We check out how Big Tech Companies apple and facebook fared in 2019 and how each is set up for the new year. We begin with a look at tech in the markets, most notably, semiconductors. We see that chipmakers bottomed out nearly a year ago and have been on a riproaring rally since then. Micron adding to that sentiment, as the Company Reported firstquarter earnings wednesday. Micron impressed wall street with a strong outlook of between 4. 5 4. 8 billion dollars in revenue. Shortly after the Company Reported, i got insight from Wedbush Securities analyst matt bryson, who joined me on the phone after the analyst call. Matt they are seeing tightness in certain areas. Also, they are calling the bottom for memory in general. They think this Current Quarter is going to be the bottom of the cycle. That fits with the tightness in certain areas. And very much parallels the guidance they gave for gross flat margins, which suggests that prices are normalizing finally. Does this
Reaction around the fact that the government had been shut down for a third day in a row. The senate cleared a pathway for shortterp spending through february 8th. Investors seem to be heartened from that. Hiles now off the record lows. The s p 500 energy index is the best second tar for the s p 500, helped out by a lot of the drillers. Real string there for the driller after they reported a strong Fourth Quarter. They beat earnings and revenues. Earnings by more than 13 . Margins quadrupling to about 15 . Lots of strength there. The company is also talking about the idea that there is a worldwide recovery under way for the oil market and that the u. S. Shale market has much to do with this. Helping out some of the other drillers as well. Lets take a look at the 10year yield along with some of the rate sensitive sectors. If we look at the 10year yield, we are going to see earlier it was down about two basis points. At this point i am hearing that we dont have that, but the rate sensiti
It is 8 00 a. M. At disney headquarters headquarters 11 00 a. M. In new york and this is squawk alley. Welcome to squawk alley for a tuesday. Dow down 109. Breaking news to start the hour. This time on ford. Phil lebeau is in chicago with that. Ford in a move expected for months is announcing that it is building a new small car plant in mexico. This plant will be located in the san luis section of mexico an investment of 1. 6 billion. It will create 2800 jobs with cars expected to roll off that Assembly Line in 2018. Some of those cars will be sold in the u. S. And sx ported to other countries away the world. No doubt is this a move that will get a lot of attention on the campaign trail from the president ial candidates. Just a couple weeks ago, heres what donald trump had it say about ford and its plans to expand around the world. Companies are leaving our country rapidly. Rapidly. Whether its carrier air conditioning whether its ford whether its eaton. I was in cleveland and eaton co