Opportunity. And what a week it has been for the cryptos. No, those are not superheros and they have not been performing this week in any way like a superhero. What happens now after this bitcoin plunge well talk with a head fund emergen manager who is sticking by his opinion. A boxed power lunch starts right now. Tyler, maybe we should call it tales from the cryptos. Youre welcome america is staring at a Government Shutdown but investors taking it in stride, because you smart cnbc viewers know it doesnt hold stocks. They are down, but they are on track for another winning week three dow stocks in focus for the opposite reason, however, ibm down 4 . Despite breaking a 22 quarter declining revenue streak and amx down 2 and ge could not get out of its own way and now the stock is at sevenyear lows on the pace for the worst week since 2009 oh, ford sinking again ford dropping to the lowest level in four months and sound the alarm, adt sinking on their first day and that is even often a lo
Let us meet christopher karam. The overwhelming response he received convinced the family to go all in. Standard from one small stand in beirut, he is using his own company to market the branch. The brand. For this high flyer to tell us how he is designing the future. Karen,a christopher welcome. Good to have you with us. Christopher have happy to be with you. It was a can win sit in sand a love story that got this started. Tell us this love story. Christopher i am born to an American Mother and a lebanese father. The a scholarship. There was a civil war in lebanon that lasted 25 years and it made it difficult for him to continue his education there. A best friend of his lied on his behalf to the university of texas and he coincidently got a scholarship to go there. He moved there and my mother, out of 40,000 students fell in love with the only lebanese guy who had no money, and when he finished his education, wanted to go back home. [laughter] because he was very much a family man. ,
It started as a way for his mother to go back to the u. S. , but the overwhelming response he received convinced the family to go all in. From one small stand in beirut, he is using his own company to market the brand and boost his success. Time now for this high flyer to join us on the singapore flyer as he tells us how he is designing the future. Haslinda Christopher Karam. Welcome to highfliers. It was a coincidence and it was a love story. Tell us your story. Christopher i am born to an American Mother and a lebanese father. The way my father ended up in United States was via scholarship. There was a civil war in lebanon that lasted 25 years and it made it difficult for him to continue his education there. A best friend of his applied on his behalf to the university of texas and he coincidently got a scholarship to go there. So he moved there and my mother, out of 40,000 students, fell in love with the only lebanese guy who had no money, and when he finished his education wanted to
Whitman, after posting better than expected quarterly revenues, of course, driven by strong numbers amidst personal systems group, including sales of pcs and the like. A mixed picture for the rest of the businesses, but a lot to get to. Bank of america, though, you can lose sight, jim, of the numbers themselves, almost 17 billion. We talked about this, speculated on for so long. Ranked up as one of the worst deals of all time. 17 billion on 4 billion. By the way, almost have they paid . I dont know how much you attribute seoully to countrywide and accusation of merrill as well. Its a mortgage machine i reported on. Years and in house of cards documentary on it, a book i wrote, that was going on for years in which, of course, you had borrowers not qualitied put in loans, packaged up, sold, and made into c degredos, and now, years later, seven, eight years later, we are seeing some of the settlements. I think they made a decision at bank of america. I think there was a faction that just
It is an exclusive you wont see anywhere but on cnbc. As you were saying a positive month but ending with losses with the dow and s p 500 down for the third time in four days now. The nasdaq down for a fourth straight session. It is currently off by over 1 . The major averages up however, for the month of april. Having their biggest drops today, though since april 17th which is approximately two weeks ago. Check out oil, though having its best monthly gain in six years. Crude is up more than 24 over that period. Bertha coombs is at the nasdaq jackie deangeles at s p. Bob, is there something more to this . I think the problem is we have continuing concerns about the inability to get earnings up significantly. Were flat but not moving up very much. I think we would have ended april last week because youre right, we havent had any energy at all this week. Look at the s p 500. Were to the downside and moving sideways and were at the lows for the week. Really were having a lousy week overal