Good morning, everyone. I am kathleen hicks. I direct the program here. It is my pleasure to welcome you to this event today. Commander of u. S. Space command and air force base in colorado. We are so lucky to have him joining us for a public conversation with Todd Harrison who directs our airspace security. I almost gave you my job. General raymond willau speak fit and then they will have a moderated conversation followed by audience q and day. Very few things that can be considered bipartisan in nature in washington. The concern over space and space threats are one of those. I hope you will join me in welcoming him. [applause] thank you. I greatly appreciate the invitation. More importantly, thank you for your leadership and wise counsel. I always enjoy coming c here. I had to apologize to the team because i always get more out of these engagements then i give. And i continue to work on. About three years ago, a little over three years ago, right before he took the commander position
Airspace security project here at csis and general raymond is going to speak first and then they will have moderated conversation following by audience q a. There are very few things that are considered bipartisan nature in washington by concern over space and space threats are one of those and so i hope you will join me in welcoming general raymond. [applause] thank you. Greatly appreciate the invitation and more importantly thanks for your leadership and wise counsel. I always enjoy coming to cis and had to apologize to the cas team because i always get more out of these engagement that idea. A great, id hope will get to that, have a really good conversation and are some things i could take away and continued to work on. I will tell you about three years ago just a little over three years ago before it took the air force Space Command as commander job csis held a dinner series, dr. Hamre hosted a dinner series what we brought folks in to talk about the challenges in space. I always m
Headlines are moving stocks much higher were going to dig into those. And driving the action this week, media disruption well get the Details Behind hbo max, friday is the launch of appletv plus, and disney plus launches next friday so all of this week on closing bell, were going to take a deeper dive into the strategies, investments, and personalities behind the changes happening in media. Today, well talk to billionaire, ted leansus, the owner of Washington Wizards and capitals about the value of live sports thats all coming up after the bell its going to be a very big show here today and joining us for the hour is stephanie link fr stephanie, it looks like today is kind of steady as she goes, it seems like we have a deescalation of the trade war and fundamentals of earnings actually moving some stocks. You hit it perfectly, actually good start to the week trade tensions seem to be easing a bit. Earnings so far, 50 of the s p 500 have reported. Theyre beating by 2 , i know against a
President ial candidate in a new letter and beijing roll out and new salvos in the streaming war this time from apple and netflix. It is friday, november 1 Worldwide Exchange begins right now. Good morning, your chart of the day has to be pintrest shares start to sink much more on that stock coming up check out that move off by about 20 at this stage. Stock futures open up and the dow jones by about 40. Nasdaq up by about 20 as well. The s p is trying to bounce back from its worse day since october 22 all of this after that key purchasing data. The 10year note yield 1. 69 twoyear note 1. 53 as well. Reaction out of china. Nikkei off by. 3 china rose in the fastest pace in europe, we are seeing some of that positivity as well. The german dax up. 4 . Cac up about. 3 back home, investor attention should be on the october jobs report three and hey half hours to go economists are looking for a gain of 90,000 new jobs down from 136,000 in the month of september. Unemployment rate should tick
Travelers. Biogen, set to seek Regulatory Approval for a treatment for alzheimers for early next year. U. P. S. Shares sinking ahead of the open, despite a pretty nice ecommerce boost to profit. The ceo will join us later this hour. The ceo of verizon as well will be here at post nine in a few minutes. An interesting announcement, another guest as well, but i guess it is a mystery. Well wait to solve it in a few minutes. Lets start with earnings, dive right in. Tale two of dow components, p g up, quarterly beat helped by Strong Demand by premium Beauty Brands and mcdonalds falling on an earnings miss as growth on us comps came in below forecast u. S. Mcdonalds 4. 8, looking for 5. 2. Jpmorgan told us the quarter would run light. Im glad you messengered that a lot of people are saying this is a big surprise, a negative surprise if you listen to what jpmorgan said, you would have been ready for exactly this number, which basically to me says not as bad as feared. 5. 9 , thats a number th