Fullyear guidance. Not having much visibility into the full year. Again, for the first quarter, adjusted eps and revenue higher than anticipated. Quincy,o bring back chief Market Strategist at prudential financial. These earnings, whether it is for intel, other companies. Let me add another. 18. 5quarter revenue of billion. The consensus estimate was for 18. 0 8 billion. An increase from what analysts were looking for. It be a bellwether for the global chip industry when you hear these kind of numbers versus localized situations . We know that the world is becoming less and less global and are trying to secure supply chains inside the country. Quincy i think you have to take semiconductors, chips together. Some of them are for working at home. There are others that have to do with gaming. Also working at home one you take a break. Future, 5g once we pick up. You put them all together and they have become a major bellwether. I started following them in 2018 whenatching the group move it
Tier levels of candidates include senator Kamala Harris from california. She will look to have one of those breakout night to try to continue her momentum into the top tier. Miami, i can type a lot of folks from other campaigns are talking about bullying castro are talking about julian castro, the former hud secretary who went headtohead on immigration policy with beto orourke. Elizabeth warren laying out her Economic Vision for the Democratic Party and for the country. She attacked not just President Trump but big tech, big business, and big pharma. David i want to come back to you on that subject. First, lets turn to erik on capitol hill. Were all mindful of what is going on the southern border. We have a bill from the house in the senate for emerging for emergency funding to take care of the unaccompanied minors at the border. Where does it stand . Nancy pelosi and Mitch Mcconnell are in a standoff over competing versions of the bill. The house wants to add a 24 page amendment to th
Are trying to determine how much damage there is and whether any civilians were left behind. The processls say could take as long as two weeks. Congress may vote as early as next week on a multibilliondollar aid package for houston. Thats according to the white house, which says emergency requests to replenish tricking reserves will be addressed in the next few days. Government reserves are running low with a political debate looming. Congress may have to act sooner governmentshe Borrowing Authority to cover the unexpected and additional costs of harvey. Aasts overnight at Chemical Plant near houston. Is the epicenter of the u. S. Chemical sector. Dozens of plants in the path of , knockingshut down out half of u. S. Production for some of the most frequently used chemicals and plastics. It may take weeks before damages our properly assessed and operations restarted. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im mark crumpt
Has joined the hit parade. Months to it three join the s p and nasdaq. Has not happened since march 1 since all three close at a record. Like there isem any sort of big fundamental catalyst. We have a jobs report tomorrow, the Economic Data today was relatively mixed, jobless claims coming in a little bit worse than estimated but on the other end, manufacturing data better than estimated. All of it combined to send stocks higher. The dow, what we have seen since march 1, definitely has not been all sideways since then because the dow had a drop to midapril before trying to recover and reacting the record several times before finally perhaps making it today before the end of the session. The three major averages, a chart that looks at them since the election. Returns we have seen, the dow has consistently been the laggards into 2017. After the election, it was the leader for a while and it has been behind, particularly the nasdaq which has been the big winner since the election. One sto
Has joined the hit parade. Months to it three join the s p and nasdaq. Has not happened since march 1 since all three close at a record. Like there isem any sort of big fundamental catalyst. We have a jobs report tomorrow, the Economic Data today was relatively mixed, jobless claims coming in a little bit worse than estimated but on the other end, manufacturing data better than estimated. All of it combined to send stocks higher. The dow, what we have seen since march 1, definitely has not been all sideways since then because the dow had a drop to midapril before trying to recover and reacting the record several times before finally perhaps making it today before the end of the session. The three major averages, a chart that looks at them since the election. Returns we have seen, the dow has consistently been the laggards into 2017. After the election, it was the leader for a while and it has been behind, particularly the nasdaq which has been the big winner since the election. One sto