Pete, ill begin with you. We got to 464. Were right on the doorstep and pete, it seems no maertter you throw at apple, the stock continues to go higher i think it comes down to fundamental story. We talk about the fundamental story all the time but the reality is, they crushed it again in q2. When you look at the revenues and the earnings and the beats they made there, the double digit beats they made, its extraordinary. The other side is how about when they came out with the less expensive 399, the se model. That was another genius move then, its not just the services you look over at the wearables you combine those two and you not too far away just those two entities. You put thoeds together. They are close to 20 billion and the iphone brought in 26 billion. When you look at this from a fundamental perspective, youre looking at a company thats clicking on all cylinders and you still have 5g and the split. Theres different elements to this trade that tells me the stock can get up and
S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back
Director for the center of chris what do think when Health Security whats driving you realize set i guess it was meant to the latest search. And President Trump commits the be. Chris Vanilla Beane is sentence of longtime ally still creating and still taking roger stone. Just days before he was set to go to prison. Inspiration from advice she got as a child. We will ask our sunday panel about the president s latest love many, trust view, learn intervention in the criminal to paddle your own canoe. Justice system. All right now on chris any thoughts about fox news sunday. Retiring . No. Chris why not . Because this is my life. Chris are you happy with where life is taking you . And hello again from fox news in its been good. I cant complain. Washington. In the face of falling poll chris in these challenging numbers and rising coronavirus times, its nice to know there are still some constants in the cases, President Trump is doubling down on his push to world, like Vanilla Beane. Reopen t
Surging up more than 60 in the past month the crude revival comes after opec agreed to extend its cuts amid positive xhuk data and demand is about to return to the market and carter worth says it has gone too far too fast. Carter, take it away this is a poor area of the market for a long time and it collapsed here with the covid cover and the first, of course, is the table and if you look at the ten sectors and it composed with the s p 500, that which is down the most is often that which is down the most and so you can see the stacking order here and energy is up almost 100 followed by Consumer Discretionary and by amazon, home depot and otherses and the s p bringing up the rear at 46 look at two charts and look at the xle, versus, the etf dominated by chevron and exxon and the 40plus percent rate and this is moved, 22 to about 44, but what you can see quite clearly is that were up against a fairly welldefined downward trend in effect for the past two or three years where interested se
This is one business show you cant afford to miss washington. U. S. President donald trump has already been executive order aimed at social media giants fact check on a twitter feed what consequences will the move have Going Forward. Markets are still on the rise but kind of fell late in the day despite mass unemployment in the United States when a lot of the spike in markets this week and we also dig into the rising tensions between the u. S. And china and later told at 19 outbreak has caused a major disruption in the travel industry particularly airlines as we dig into the struggles of this sector we have a packed show today so lets dive right in. And there is a big move coming from u. S. President donald trump the president will reportedly target facebook and twitter in an executive order regarding social media according to a draft that appears if leaked online now the draft version of the order which could still change names Facebook Google and twitter and targets a section of u. S