Biggest tech companies. Soared to a record high, with tmobile, netflix all adding fuel to the rally. Alphabet posting its oneday percentage gains since july for death july 2015. Joining us to discuss, senior markets editor mike regan. Facebook, twitter, all reporting results. Where do we see the biggest result biggest move . It was a major week for companies. Very tech centric. Theabet is the star of show, rising 10 . All seem to be firing on cylinders. Announcing that major 25 billion share buyback, that is taking the edge of edge off of the concern of the probe of alphabet. Also twitter doing well, showing an 18 gain for sales. Amazon was an interesting story. They had a big earnings miss, but it was in an amazon typical way. Developed a more robust oneday delivery operation, and thats the type of thing amazon investors in the past sort of embraced, even though it caused a hit in the shortterm. I think the Semiconductor Stocks are a major story this week. Instruments, semiconductors
Weak manufacturing data raising hopes for more fed easing and the tenyear yield falling well below 2 for the First Time Since early july coming up later, big exclusive interview with the former vice chairman of the Federal Reserve, don kohn well ask him how the trade war escalation could impact the feds next move. Joining us is Barbara Duran from Capital Partners barbara, do you make any moves on this surprise tweet this afternoon from the president no, no. I think weve seen this before and it doesnt make it any less real or impactful. 10 will see what goods are impacted i think a lot of that is in certain sectors and stocks already whether its the industrials, the manufacturer. We have to wait and see. We know what sectors are impacted this is cell phones, laptops, tvs, baby toys. All those who testified, please dont put tariffs on us, thats what it is apparel. The rest of the country i think its not going to change the basic economy and whats going on in terms of the consumer and wag
Alphabet and amazon report. Nejra welcome to daybreak europe. It has just gone 6 00 in london. Earnings onslaught is a great way to describe it. Roche numbers are coming through. At 30. 4lf sales come in 7 billion. The estimate was 30. 53. First half core operating profit. The red headline, let me get to that. View toits sales growth mid to high single digits. Thats very interesting. Raising its sales growth view to mid to high single digit. Thats the red headline on roche. At 11. 1. Comes in the estimate was 10. 65. Thats a beat on first half core eps. Core operating profit for the first half comes in at 12. 36. The estimate was 12. 16. Theres a beat on some of the numbers. The headline you want to focus on is the fact that its raising its sales growth view to mid to high single digits. There were some pressures whether it wouldve raised guidance a second time this year. To the ceowe speak of roast. Dont miss that interview at 7 30 a. M. London time. Dani burger is standing by with th
Company survive . Well ask the question. Facebook is the teflon stock. Bad publicity, a 5 billion fine, an antitrust probe, not to worry. As long as it makes a ton of money and it still does, the stock stays strong. Teflon indeed. 207 this morning on facebook. Meanwhile, why dont you check your 401 k . Odds are youre looking at about a 30 gain since the election of donald j. Trump. The s p, nasdaq, they are at alltime record highs and the dow will go up another, what, 60 odd points at the opening bell today. Sit back, everybody. Watch your money grow. Its fun. Varney company is about to begin. Stuart we like to get right at it these days so take another look at that. President trumps Approval Rating on the economy remains near, very very close to an alltime high, 52 . Look whos here. Fox news contributor gary kaltbaum. All right, gary, that is a big number. How do you beat that in the election of 2020 when youre a socialist . If we get to november 3rd and the markets strong and were at
After the Islamic Republic seizes a tanker in the strait of hormuz. Healthy growth phillips beats Sales Estimates for the Second Quarter as the ceo gives bloomberg his take on the trade war. These trade wars that are , as ave in the world strong believer in what globalization has brought to the world, i hope that we can see coming closer to each other. That will be good for the world economy. We had some outflows. If i had that back, we are actually within the target range. If i look at margins and revenues compared to the second half last year, they have substantially recovered. A very more welcome to the European Market open, everybody. European markets opening what . 28 minutes time . There or thereabouts. Futures suggesting we will be a little bit weaker at the start of the trading day. European markets expected to be a little bit weaker, apart from the 3100. I should point out, seen as a bit of an outlier, and that could very much the case in oil markets. Futures dewpoint slightly