2. 25. And oil, as you see, still below 50. A move made this week as we watched the commodity complex come down across the board. The road map starts with amazon overtaking walmart in market cap after reporting a surprise Second Quarter profit. The shares up 20 in the premarket. Star bucks shares also higher ahead of the open. The coo told jim last night. And anthem agrees to buy cigna. The price and the release is 188 a share. In reality, its a bit less than that. Well get to that deal. We begin with amazon reporting a Second Quarter profit of 0. 19 a share while wall street was expecting a 0. 14 a share loss. Sales up 20 . That was up by strength in web services. Shares of amazon surging in the premarket putting the market cap above that of walmart and making founder and the ceo about 7 billion richer. Thats right. 7 billion more just from the move up. Thats a side show. The main show is the numbers themselves. This Company Getting rewarded perhaps like no other for Revenue Growth. M
Laws. Children born to women who are physically in the United States whether you are here legally or illegally become citizens and that triggers all kinds of protections for them and their relatives. That is not something we should be passive about. They are here illegally so we should enforce the law. Term was the use of the anchor babies a slip of the tongue . Guest i think its just a term that has been used a lot for these babies of people who came who wererposely pregnant to have the baby. I much or how many people there are. He is not referring to people who were born to Illegal Immigrants. He is not referring even to who are settled in. He is referring to a phenomenon which is a real phenomenon. Host this is from the New York Times guest i love when the New York Times gives republicans advice and gives them good marks. They believe the law should be enforced. Liberals have become so extreme and immigration. Their view is that anyone who shows up at the borders should be let acros
Good morning to you from me as well throwback thursday. Were throwing it back for the best anthems for pride month lets check in on the global markets. Showing you whats happening with futures after mixed ending to yesterdays session the nasdaq rose about 0. P the dow and s p finished lower. Biotech has been strong lately well talk about that. It was a big turnaround from where we stood this time yesterday. The nasdaq was down about a half percent and ended up three quarters of a percent. The futures were not a tell for the session. Nasdaq futures higher. Nasdaq down 1, s p down 3. Not a lot of movement this morning. Oil prices front and center. Those low prices a drag on Energy Stocks for sure also keeping yields lower. Wti, 42. 44, down about 0. 2 . Brent crude below 45 a barrel nat gas higher this morning. That meant energy was the worst performing sector but only just beating banks in terms of the underperformance. Energy down 1. 6 banks down over 1 focus on them again today ahead
The flat line. Dow futures up by 9 points s p futures down by 1 point. Nasdaq up by 5 1 2 nasdaq up for two out of the last three sessions as Technology Stocks continue to defy odds. Oil prices dragging things down yesterday. You can see in asia, the nikkei down slightly. Hang seng was weaker shanghai was down by a third of a percent. In europe, in the early trading, already seeing some modest declines the cac is the biggest decliner, its down by a half percentage point. The ftse off by 0. 4 crowd oil prices sitting at a tenmonth low. 42. 80. Still below 43. The big stories were watching today anything that happens at uber is big. Its another departure it took a day, but its front page on all the papers today about travis so late it missed the papers. Even now, if youre interested, some guy named bill gurley, who you may or may not know, a venture canpitalist at benchmark who was behind the push to get ckalanick out, now e stepped down from his role at company. Gurley served as a board
Today by another time. 42. 44 a barrel. Train to Tropical Storm cindy turney deadly. We will have a live report from louisiana during the hour. Drain three who will be the next ceo of over . Charlie gasparino to replace travis kalanick. Train to the new york yankees sending their losing streak. In basketball, big news for the nba draft. We will tell you what teams are making deals. Lauren 5 01 a. M. In new york. Good morning. Im lauren simonetti. Cheryl im cheryl casone. You are watching fbn am, your first look at morning markets and breaking news. And whether in politics. Lauren Senate Republicans will unveil their version of the new Health Care Bill this morning. The measure to rollback the obamacare expansion of medicaid and penalties on people not buying Insurance Coverage and eliminate taxes to help pay for obamacare. Cheryl in cedar rapids, iowa, President Trump seemed optimistic about senate bill. We have a very slim 5248. That means that basically cant lose anybody. I think it