Boost from its Growth Strategy this is elon musk on last nights call weve updated the vehicle lineup we expect it to be more like the early 2025 if not late this year these new vehicles, including more affordable models, will use aspects of the next generation platform as well as aspects of our current platforms and will able to produce on the same manufacturing lines as our current vehicle lineup its not contingent upon any new factory or massive new production line. Bespoke says it looks like this will be the best earnings reaction since 2020. You do have some upgrades you have a very nice bank of america upgrade, and you have people saying its a clearing event. Did he pull a rabbit out of a hat . He came out back with a small car, as well as with the terrific app, by the way, in the deck that is the hailing app . I thought that the key analogy, david, was not the airbnb analogy. He did that. That was great it was the elevator. Elevator. Yeah was that not terrific youre not alone in
Along with other white house staffers so this is a relatively large group for this meeting you remember, last week they tried to have this meeting and the democrats didnt slow up we saw that visual of the president with the empty chairs on either side of him waiting for chuck and nancy, Chuck Schumer and nancy pelosi, to attend the meeting they never came. Today theyll be here. We should see all these chairs filled today what theyre going to discuss, though, is a mystery weve seen a dampening of the tone going into this meeting both sides know theres a lot at stake here in terms of a potential Government Shutdown as early as tomorrow if they dont get a continuing resolution to kick the can down the road another two weeks in terms of government spending. So Sarah Huckabee sanders just briefed the press within the past hour or so, and laid out sort of her expectations from the white house perspective of what well see in the meeting. Heres what she said in terms of the Government Shutdown
Welcome to squawk alley. Carl and jon both have this morning off. Joining us is rekicricos he ha itting manager and author of the fore nice to have everybody here. And lets do our top story this morning. It is shares of apple and a number of its suppliers are under pressure on reports of slowing demand josh lipton, what is the problem if there really is one reporter apple investors have been counting on a waiver of iphone fans all around the world upgrading to the new iphone x, but this morning new questions about the real popularity of that device. So there are reports citing taiwans Economic Daily that apple in the First Quarter is going to cut its Sales Forecast for the 10 to just 30 Million Units. Ch and that is down from the initial plan of 50 Million Units. Apple doesnt remember Quarterly Sales targets for the x which officially went on sale back in early november apple suppliers down this morning on the report. Finisar just awarded 390 million to analysts have baeen not so bulli
Waiting to see when are we going to see a pull bethunecookman. If you look back and we could see it through the options world, we talked about it last night. S p 500, we look at the spy put, they were bought 200,000. Mashlgt starts to turn people get nervous and obviously, weve seen this before where suddenly, when something start, then everybody doesnt want to be the last one holding. That was a monstrous swing volatility spiked. Got up into the mid 12s. But here we are. The markets now back focused on what the market should be focused on, which is earnings and how are they doing so, doc, were 25 points away from 26k again on the dow. Does yesterday then just become what a memory . A blip that well think about from time to time, but no big deal i dont think it was a big deal percentage wise it shows up as the biggest percentage move flip back and forth since february i believe of last year but what i really took away from it, judge, was were there going to be the buyers on that dip we
Package for elon musk if he hits some key benchmark netflix is opening at an all time high. Hastin hastings last night on the earnings call. As long as we are able to continue which we can measure in viewing hours and things like that and asking our customers to help us fund that at higher levels as reasonable if we want to gain relative values for the customers then we would not be changing prices domestic better, q 1 guidance is better. Margin growth, they give it to the critics who gave bright the hard time that was the best part of the call Pay Attention to google trends and rotten tomatoes. It was all about notion of commercials verses statistics. They use a nice blend of algorithm deciding whether you like it and decide whether it appeals to you and not to the mask concer towards the Conference Call, theyre talking about 5 millions to the max mere. One of the things thats incredible was they talked about bright. It did well in the u. S. But it is the rest of the world they have a