This after snap reportedly conjured up a whole chamber of secrets on facebook in a dossier titled project voldemort the document lays out all the ways facebook tried to thwart the competition and prevented snap from trending on instagram. Now snap is hoping the ministry of magic known as the ftc will step in. Will regulators be able to work any real magic here . Guy. That was one of the best openings in the history of the show. He doesnt know what to say anymore. Do you even know what she said im familiar with this harry potter thing there are like eight of these movies. Yes. Theyre its the sack same movie. The kids get older and run a dont spoil the end. It sounds like fast money. Its a scam run around with their wands good job. Back to talking. I want to dislike facebook in the worst way. I want to stand here and say, you know what, the stock is headed sl headed little headed significantly lower we said in july, you know what will happen, it will go back and test that july high from
Bag the dow attempting for a Third Straight interestrate session of gains but between the bulls and the bears as anyones game, the s p 500 and nasdaq on the other hand are little more firmly in the green as you can see, nothing to write home about but there in the green, as big tech and growth stocks, maybe the chip stocks to lead the way higher, nvidia, micro, their higher but not just tech and control, Steel Dynamics claim in the top spots on the s p 500 at this hour. Coming up by the way were going to dig into whats driving the gains in the rejection and rocking the Steel Industry the ceo of spring maker Cleveland Cliffs will join me whether to discuss whether or not he can seal the deal with u. S. Steel, that is a lot of rhyming. The Chinese Markets are reeling today as the countrys property crisis deepens the hang seng deeply more than 1 of chinas top privately run developer, Country Garden holdings failed to make its Interest Payments onto u. S. Dollar bonds. Could turbulence and
Maria good thursday morning, everybody. Thanks very much for joining us this morning. Im maria bartiromo. Is thursday, march 14, top stories right now, 6 00 a. M. On the east coast. Today, tiktok on the chopping block after the house overwhelminglies passes a bill forcing tiktok to divest from Chinese Parent Company bytedance or face a ban in the United States. American companies are now vying for the app as the bill bill mos onto the senate. Markets are trading this way, all to the plus side, just a few days ahead of fed meeting. This morning we look ahead to the february Producer Price index and retail sales out this morning, the fed meeting coming up this week on theth and 20 20th. More earnings out before the bell, Dicks Sporting Goods and Dollar General reporting. Bitcoin above 73,000 but it is below alltime highs this morning, the euphoria around bitcoin continues. Were talking about it. European markets trading this way, the eurozone, we are looking at a mixed story in europe, f
You about how Retail Investors are feeling right now. Well explain. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight steve grasso, karen finer man, dan nathan, and guy adami. The s p rising 0. 6 . The nasdaq up 0. 4 . Well get to that in a minute, but first, new signs that the Retail Sector is ripe for some dealmaking. Shares of nordstrom popping more than 9 after reporting of its founding family is looking to take the company private. This news coming after similar attempts six years ago was ultimately unsuccessful, but it is far from the only deal percolating in this consumer space. Macys saying its agreed to open its books to potential acquirers. It and kohls have attracted activist interest in weeks. And theres tapestrys deal for capri, which is expected to close later this year. And shares of American Apparel giant Gildan Activewear popped after the board said it has several potential buyers for the company. Is this just the start of a coming wav
Nasdaq higher, 20 points s p 500 up a little over 1 point. This comes after declines for the major indices in yesterdays session. Dow, s p and nasdaq each closed lower by 1 . The s p 500 closing below its 50day moving average for the First Time Since march 28th. Look at treasury yields. See where theyre standing right now. The tenyear note at 4. 182 and the twoyear at 4. 908 , just below 5 . The tenyear yesterday hit 4. 2684 core inflation remained at 6. 9 , unchanged from the prior month, slightly above forecast. Pay growth continued to pose headaches for policymakers as wages grew 7. 8 in the quarter that ended in june were watching shares of cava this morning sharply higher the mediterranean restaurant chain reporting earnings per share of 21 cents since going public swinging to profitability from a net loss in a year ago quarter. Revenue of 173 million Beat Estimates of 163 million. Same store sales rose 18. 2 . The cfo attributing some of the strong traffic to increased Brand Awar