News drop . Plus a big call in the financial space just aheard of earnings and were holding the investment committees feet to the fire with the Quarterly Report the Halftime Report with scott wapner begins right now. Welcome, good to have you with us on this tuesday. Joe terranova, steve white, jon najarian, and richard sapperstein is here, high towerer ceo. Shares of apple on the move today, down 16 from its alltime high. Doc, your biggest stock position, people say whats going to get stocks to break out of this range, were finally starting to move that next leg higher apple hitting that new high wouldnt hurt. It wouldnt hurt. As they basically cross the billion sales number as far as units out there in the field, scott, a billion handheads out there, thats huge for apple in terms of the Services Revenue that pete is always harping about. The issue for me is also that a lot of the services theyre selling now are bigger services, recurring revenue, for instance, from like the cloud and
Fivemonth wing strning streak o far. Its the busiest week of earnings season with more than 160 s p 500 constituents reporting. Merck, pfizer, uber, jetblue, marriott, caterpillar. Weve got a lot of different earnings reports to get to this morning. I mentioned caterpillar. It did top estimates also lower sales and potentially tighter margins in the Third Quarter. The companys ceo will join us later. That is just the bearish they had a great number. Well talk about the fact that they dont even have enough product. The bears like to get to it very early. This is routine. They did it before they took the stock down from 230 all the way down to 206. Jim, what we spoke listen, the bears didnt know what they were doing then the stock went straight up to 265 im absolutely happy to deal right at the front. 2 top line revenue growth, 22 . Thats called good. I didnt mean to get right into im not disputing its good it is good the only question is whether or not the stock has already accounted fo
Welcome to daybreak australia. We are counting down to asias major market opens. Kathleen good evening from new york. The top stories this hour,apples iphone sales disappoint overshadowing record Quarterly Services revenue. Amazon gaining after the bell as its Sales Outlook beats the street. Haidi u. S. Stocks fall as the bond market slide deepens ahead of fridays jobs report. The bank of england signaling a long period of higher rates. Kathleen and donald trump pleads not guilty to trying to obstruct the 2020 president ial election. A quick check on wall street. The stock market had some movement, waiting mostly for apple and amazon results after the bell. The big story, the treasury bond market, the 10year note fell about. 75 points. 4. 17 , the highest since november. The yield touching 4. 1 . Adp employment numbers yesterday suggesting maybe the u. S. Payrolls tomorrow, friday, u. S. , could come and strongerthanexpected at a time when jay powell and his colleagues at the fed are l
one of the best defenses in the country. of course we would be remiss if we didn t mention how most teams would love a trip to the sugar bowl but the alabama crimson tide not one of them. they lost two games this season by a combined four points both on the last play of the game against texnnessee and lsu, so they miss the playoffs. they ll face kansas state tomorrow, some of the georgia fans in our sports department told me to remind you you can t spell sugar bowl without uga. i apologize for that. i ve been to the sugar bowl more times than i can count on two hands. spent a lot of time in new orleans in college. she was so annoyed we were doing the sugar bowl situation in the show. i ll be watching tomorrow. we kickoff at noon, it s fine. actually love nick saban said yesterday this has been one of the most enjoyable nonplayoff bowl preps they have had. that s one way to see it. yeah. coy wire, we ll be watching. roll tide. thank you so much. all right. cnn
Anticipated a. I. Chipmaker earnings after the close tonight take a look at where he stands the dow jones 39 and the nasdaq down 20 points going into the earnings and s p 500 lower by seven and a half earnings and revenue expected to be up sharply at nvidia and some are betting on a poster earnings rally ill tell you about those bets this morning despite 200 gain in the stock in the last year nvidia share down one half of 1 , before we get to that we have target and tjx reporting earnings before the opening bell those pulling back take a look at yesterdays performance, the nasdaq and s p 500 in record territory at the close beginning a new day and unchartered space the dow industrial was up 66 and the nasdaq of 13 at a new high of 5321. The nasdaq 37 at a new high of 16832, european markets are pulled back s p 124 cac cron 41 and dax index lower by 47. In asian markets lower fractional moves acrosstheboard shanghai composite flat but up a tiny bit, back at home battling persistent infl