Maker soaring today. Now up almost 90 this year. The stock just got a huge upgrade. Its our call of the day Halftime Report starts right now. Welcome good to have you with us our Investment Committee at the table, joe terranova, the brothers are here, and meghan is here as well, Senior Investment strategist at the wilmington trust. One of the best performing large cap tech stocks of the year, microsoft. Beating on earnings and revenues the shares are moving higher pete najarian, everybody owns it at the desk. You get the first crack because youve been the biggest and longest believer. I continue to be a believer this all started with it went in the right direction what has he done we talked about how great the focus has been on cloud but the monstrous acquisition they made with linkedin everybody was critical about and that is starting to be another one of those verticals we talk about when we talk about names like apple and other names we talk about what are some of their areas they w
Hearing over cripper to currency planned by facebook, getting panned by the likes of the president and fed chair jerome powell. Well go to capitol hill for that and so much more on making money. Charles facebook welcomed with not so open arms in capitol hill. Senators making their displeasure with the company on a grilling of libra cryptocurrency. Ebb wardlaw recognize live in washington with more. Edward . Reporter senators were very concerned about facebooks past problems, now their plans to lawn of the cryptocurrency called libra. I dont think for a minute that facebook created hate but we know that their competing missions of connecting people and turning a profit creating an algorithm and a Business Model that intensified it. The head of colibra david marcus defending what facebook has done with privacy breaches, selling customers data and slow to react to russian agents trying to affect the election. Why in the world should facebook of all Companies Given the last couple of years
Season just step away from the roulette wheel because if you try to trade around the quarterly reports, you are going to get singed, if not burned after a record day, where the dow gained 27 points hallelujah s p climbed 2 , nasdaq inched up 0. 17 . That was easy earnings season is devastating for traders. No if you want to invest in a stock before reports and buy things if the stock gets hit thats another thing but trading no thanks. I didnt always feel this way. My Old Hedge Fund i used to place heavy bets on what would happen before it happened. I had as much legal information as i could get my hands on and always thought i had an opportunity to make a good call ahead of time but that was before regulation fd when the government leveled the playing field. When i was running you could meet with execs with small Interest Groups other people didnt want access or privy to that is illegal. These days everyone has access to the same information at the same time. I think thats fabulous. No
If you bought it at four, thats the problem inflation wise, youre not necessarily down with inflation falling. You no he know what im saying youre going to make money because eventually theyre going to come down. Thats what i dont understand f youre telling me right now this isnt a good deal, youre telling me that im going to be able to get the ten year. Im telling you two things. Youll get your principal back and it is part of any diversified portfolio to have a large part in bonds where you know youll get your principal back thats all i can guarantee you. Year. 2 years from now, if rates fall and inflation goes down, wake up at 3 and you lock in higher rates, they always make a mistake in the bond market. Back here is what i was really thinking, i was asking experts about this this morning, we are getting into hazy territory because we are going cross discipline here. Im looking at 4. 4 and im thinking isnt there a 4 rule for 401 k retirement . At what point do we go to the territory
There what weve got here at center tower view, San Francisco getting a little clearer now. We did see some fog this morning. Its pretty much all but gone unless youre right along the coastline. Now temperatures are rising in doing so pretty quickly. Brett, what youre 84 and vacaville at 87 degrees getting close to that ninetydegree mark already definitely cooler along the bay shore in the coast in the 60s for most spots. So today is still hot but less hot. As we mentioned, highs still in the 90s inland. But we are going to be seeing no triple digits today. Really the rest of the forecast here locally, im talking all the details of which still ahead, back to you. All right. Thanks a lot, john. Now lets get back to our top story. We covered it live all morning yesterday. That standoff in san jose and now theres a resolution. Yeah. So the officer was responding to a family disturbance. Kron 4 was live as that tense situation unfolded minute by minute. This morning were learning more. Only