Beyond meat. Ten year 1. 83. Caseshiller up 3. 2 year on year road map, record watch the s p at the all time high dow and nasdaq not far behind. Streaming wars, hbo max, details coming today david is live in los angeles ahead of the warner media investor day and some tough questions for boeing what to expect as Dennis Muilenburg testifies later today. Well start with the markets, a day after the s p hits the 12th all time high and the 14th record close of 2019 jim, halfway through earnings season here. What does it all mean . I think you go back and i was going back and looking at some of the big Billionaire Hedge Fund managers and what they have been saying and almost in unison said, look, you got to be very careful. It cant last. Numbers can go back to the negative the companies arent letting it happen the companies, for the most part of, the Biggest Companies reporting great numbers. The classic one is merck last week, merck got hit down to 79. 80. Bristolmyers, a cocktail, that was
Trade but is the country ready for it. Im chris cuomo welcome to the Program Boeing c. E. O. Done as muslim berg admitted to a u. S. Senate committee that his company got things wrong in the development of the 737 max airliner to his days hearing came exactly one year after the crash of a 737 caused by a faulty Flight Assistance Program only weeks later a 2nd accident with the same type of aircraft likely caused by similar problems rather to vhs of the 346 People Killed watched mr berg admit that the company has quote made mistakes. On behalf of myself and the boeing company we are sorry deeply and truly sorry as a husband and father myself. Im heart broken by your loss. It was an emotional address delivered exactly a year after the crash of a 737 moxon indonesia that killed everyone on board in march of this year tragedy struck again when the same model came down in ethiopia. Since then the 77 mark has been grounded the classes are thought to have been caused by a Software Fault us la
The half. Im scott pop ner the next flicks numbers hours away now, those earnings coming up can the beaten up stock get back on track it is 12 00 noon and this is the Halftime Report. Announcer netflix facing its final quarter of calm before the streaming wars with apple and disney begin, but investors need to tune into retail sales falling for the first time in seven months are cracks beginning to form in the consumer and what does it mean for the market . Amazon getting a huge price hike ahead of its earnings next week the traders take their position. The Investment Committee is ready to go. Halftime report starts right now. Good to have you with us on this wednesday, our Investment Committee, joe chenova, steve wise the count down to the netflix numbers, competitors lining up to do battle with that company pete, you own it. I do. I think you are the only one on the desk who does doc, you do. John, pete its not the same we have a lot of different strategies going on. There is competi
You know they have the worst performance in 10 years. And they have to do something to shore it up but the economic consequences are looking very serious and clearly its an escalation so this is the response that they can help with it talking about the economic consequences what are we looking at right now as we speak well i think its very interesting the fact that this is the airport you know this was voted the best airport in the world in 2016 its a huge symbol of hong kongs Great Authority in the worlds position in the world designed by certain or in foster. And suddenly you know its seeing itself in all kinds of trouble and it kind of reflects whats happening in hong kong it mirrors whats happening in hong kong in that way so some investment houses are now talking about how this translation into lower growth theyre expecting negative growth in the 2nd in the 3rd quarter of this year which will be technically a recession. And thats the 1st time since the financial crisis 10 years ag
You, Procter Gamble Ceo David Taylor will be here to weigh in on what was the best quarterly organic Revenue Growth in years. Joining us now for the hour, though, charlie baa brinskoy from aerial investments. Industrials are an interesting standout today given lowered expectations for u. S. china trade hopes. What is that about low expectations. We had some people report and they were better than peoples fears. We had big companies, the big maker of drilling rigs people were worried about that, they beat, and the stock was up almost 15 Zebra Technologies makes scanners, and that business was better than expected, the stock up 15 . Low expectations, you think, which are easy to beat on earnings, but not on the fed you think maybe only able to cut in the shortterm . Yeah, that is the consensus prediction i happen to agree with it, which is one cut, 25 basis points. I dont think theyll pull a baitandswitch. I think they would not want to mislead the market i think that will happen, but it