Suddenly tank g. Hitting three month lows well tell you whats behind the move, but first, we start off with markets in week where the dow moved a total of get this. Ten points there were a number of stocks trading at extremes. Advanced micro, up 27 oracle rallying 15 on its earnings ros Restoration Hardware has been on a stump rally. That stock up 2 then theres gilead and the rest of the space breaking out. Expedia, an all time high in today session so should you trade or fade these extreme stocks guy . Restoration hardware, weve talked about it being oversold owning it for trade with the Short Interest that it had now, i didnt think it would rally to the extent that it has, but the move has been unbelievable i think Deutsche Bank was the latest to upgrade the stock. I think youre getting into nosebleed territory. Because valuation is still expensive. That was the knock against these guys in first place. They havent turned their business under nufund menially where you can consider buy
Decemb december k putting together two companies that in terms of programming are similar. Its not like were going from one network that does reality or that type of programming to sports or lots of scripted work or whatnot this is putting those two things together the question is are you better off putting those two together or in this new age of media trying to go into scripted gore into a premium thing scripted. Scripted. But this has been bandied about. For a long time they were two sort of theyre not like outliers that deserve to get together. If it was going to happen, would put these together for scale thats where the synergistic value is some analysts would question this how much more power does a discovery scripps together have in terms of carriage agreement Going Forward . How much value proposition, if you want this channel you have to take this channel that was more scripps problem than a discovery problem zaslav yesterday admitted we are managing through the new times, dau
God knows how this ends, not me. But i do know this. This disease has never had a more worthy opponent. Maria moore and senator mccains diagnosis coming up is senator trump lashing out at Jeff Sessions. The commanderinchief telling the New York Times he would not have appointed sessions as attorney general had he known sessions would recuse himself from the russian investigation. The fallout from those comments coming up this morning. California wildfires explode inside the growing dangers 2000 firefighters struggled to control 50,000acre blaze. Apple turning pro for its next iphone. Details of what you could expect this fall in the new phone. Markets this morning coming off of another record high that looks like the gains continue this morning. Features syndicate and how investors are better than 10 points. Also in the green. Europe stocks are higher as well. The ecb decision on magistrates this morning had that likely will set the tone for markets. The dax index in germany up one hal
Getting worse. Wayfair shares are sinking concerns about the Online Furniture companys margins and its plans to increase ad spending weighing on the stock, down a little more than 5 off those record highs that it hit earlier. Not to mention potential competition from amazon. Well talk about all of this with the ceo in an exclusive interview coming up this hour. Who, by the way, does not consider himself in competition with amazon. He feels like their niche furniture cannot be replicated. So far neither do investors this has been one of the hottest stocks in the Retail Sector this year. Momentum stock. The question is what does amazon have planned . Dow component disney reports earnings well tell you what to expect and, yes, a first on cnbc interview with ceo bob iger and, of course, everybody is wringing their hands, of course, over espn lets bring you up to date on the markets here the dow down nine points we all know the dow has been up 10 consecutive days. Nine of those have been a
Melissa Hillary Clinton, happy to be the peoples champ as long as you keep cutting those campaign checks. Announcing the 2016 bid with a lowkey video where she spoke 94 words. She actually didnt even appear on camera for the first minute 1 2. But the humble approach at odds with some lofty fundraising goals. According to New York Times, clinton supporters aim to raise 2. 5 billion. This time around. Here to discuss all of this, wow, charlie gasparino, dan henninger, wall street journal. Jon podhoretz from the new york post. Call you jpod. Like j. Lo. You got it. Melissa 2. 5 billion. I thought it took a billion dollars to run a president ial campaign. This number is so astounding, raises two questions, one is this part of the effort to continue to scare democrats out of the race . Melissa which is working. Or scare republicans or if it is serious. Or if it is serious, then you have a real conflict between her hessage wanting to be champion of the suffering middle classes and somebody r