Street journal. Profits to fall for fourth time in a row. I was worried. I was worried i slipped into some sort of alternative universe, alternate dimension. Could they be talking about this market, which gave you a nice little gain today . Heres an article that has really, this has a firstclass anumber one wound. Several factors are weighing on earnings. Collapsing oil prices are taking a toll on energy companies. Low Interest Rates and a weak market. And a saturated phone market is reining in apple inc. But how does that mesh with the fact on the ground . This season started a week and a half ago when pepsico took things to an alltime high. Even as pepsico has gotten it up, i cant imagine how better it can be than this companys doing. So the bar for the season was set very high indeed. Them amoco what followed with an amazing, a stunning report. The best numbers weve seen from this company in years. Alcoa gave you extraordinary earnings and revenue beat, thanks to robust foreign truc
Our roadmap begins with shares of mcdonalds after reported earnings that mixed expectations. Well dig into the report. United technologies is up on earnings. Ceo Gregory Hayes is going to join us live for an interview. And the Democratic National convention kicked off with a bang. Well go live to philadelphia for the latest. But first up, mcdonalds with earnings. Sales in line, but earnings miss on the bottom line. 1. 25 a share, global comps up 31r3 31. Stocks are down 2. 5 . A year ago they were down 2 and people are looking at all Day Breakfast and saying, is this all its brought. I think theyve got some promotions that are good. The stock rangers on pokemon g japan, so it was where it was before this. Its by no means the swan song for easter book. The guy has done a remarkable job up 30 points. Can they miss in a quarter period . Yeah. The rest of the world doing pretty good. I think easter brook has done a good job. I dont think all Day Breakfast has done its growth. You need some
Certainly been the case all this week. Everybodys waiting for donald trump to take the stage where you now see venture capitalist peter teal warming up. A lot of focus here still here today is on what senator ted cruz last night did or didnt say. Vote fur conscience. Vote for candidates up and down the ticket who you trust to defend our freedom and to be faithful to the constitution. I dont know back at the stock exchange, bill, but that was the moment of the night despite a fiery speech of Vice President ial candidate mike pence last night. Tonight, we have a big round of guests from the rnc and speaking with Cleveland Clinic ceo toby koz grof and had the move of blocking Health Care Mergers and the head of the National Association of homebuilders tells us why he thinks donald trump will help give the Housing Market a boost. And looking forward to this, retired Lieutenant General Michael Flynn, he is going to respond to trumps controversial comments about setting conditions for defend
Reaction to these lawsuits. Back to you. Bertha coombs at the doj. Good news. Good morning. Its 8 00 a. M. At qualcomm headquarters in san diego and squawk alley is live welcome to squawk alley. Were live in cleveland this morning, the site of the Republican National convention. Holding back the fort there. The night was supposed to belong to Donald Trumps running mate, mike pence, but it was ted cruz who stole the show not endorsing the ticket. Hes calling on voters to do this. Stand and speak and vote your conscience. Vote for candidates up and down the ticket who you trust to defend our freedom and to be faithful to the constitution. I appreciate the enthusiasm of the new york delegation. Mike pence did go on to officially accept the vp nom. Tonight, Donald Trumps chance to make his case to america. And did mike pence make his case . Im joined by a former advisor to mike pence. Good morning, guys. Historian michael beshloff says hes never seen anything like this. Have you . Not in m
Dont. Because we have a really cheap way to profit from the tech giants earnings. Well explain. A and, something very strange is happening with the dollar and it could spell trouble for stocks. The action begins right now. Sweet dreams on a friday evening. Lets get right to it because crude oil fell 4 this week. Even the stocks continue to make record gains. Could this crude conundrum trickle into other areas of the market . Lets get in the money. Dan. Well, it could. Weve seen this over the last year, really seen it over the last two years since the fed hinted that they were going to start to taper bond purchases in the qe and last year when they were going to end zerp. What happened there we saw the dollar rally and saw commodities get hit very hard, crude in particular. The knockon effects were pretty obvious. We saw people start to be concerned about the potential for some sort of credit contagion associated with the crude oil pat, that sort of stuff. Were at a place right now, the