Night . Tesla, elon musk says building an suv is very hard. Both of those Companies Join the parade of bigname brand losers we have seen this week. I have a winner for you, it will be you and i believe gas down again and another forecast under 2 gasoline next month by next month. Varney and company is about to begin. Just because iranian hardliners chance death to america does not mean that is what all iranians believe. If it those hardliners were most comfortable with the status quo, if those hardliners joy and didnt death to america had been as opposed to the deal, theyre making common cause with the republican caucus. Stuart you heard it. The president of the United States in my opinion reaching in new low campaigning iranians who cant get to america to republicans. John bolton joins us to talk about that later this hour. You are looking at the quick and loans arena deserted at the moment, wont be for long, the site of the Republican Debate tonight, the first begins eight hours from
Good monday morning. Welcome to squawk alley. Were at post nine john fort is live at one market in San Francisco what a morning, guys, for the first day of the second half of the year not only is the dow set a record high, transports setting the first record high since the beginning of march but you have the ten year at 234, above levels that they said were critical. What does this say the dow, the transports, financials, its coming to some degree at the expense of the big cap techs. Seems like a first of the month effect june if you remember, june 1st, market was up. 75 you have the 2430 in the s p 500. You closed june below. That it seems like a rush of money. People looking for that rotation to continue into july. Does it count on a shortened session . I it this prices count do we have a majority i dont know exaggerated on some level in term of the magnitude of the lift especially after the open certainly got our attention well see if we get any followthrough after the holiday. Join
Shares are climbing in the premarket after stronger than expected earnings surging on that news. Nasdaq set to open higher after the 39th record close of the year but revenues miss anz dekrien for the 31st executive order. Its a lot to think about. Its very hard to have cyber theft which is really important. He did it lightning speed. These guys are 15. It takes so long to remake an organization in an environment when youre up about amazon and microsoft. These are just, these are competitors the likes of which ibm has never seen before. And to outrun the legacy business its slowing. The growth is slowing more quickly than originally watson dont come here i dont need you. But thats a key part of their strategy. It is Artificial Intelligence is an important component of what ibm services is going to offer. Now another undercurrent is they cant get the ai people that you can get out west. I dont know it is difficult but it can be done ibm has not yet been able to make the transition the n
Do we accept . 0 , dear colleagues. You are red lines are hours as ours as well. 30 of that agreement is toxic and we reject it weir peered germany, france and russia will hold peace talks over the fighting in ukraine. Vladimir putin is expected to attend and the russian diplomat says there is a 70 chance fighting rages on in eastern ukraine. How much autonomy will progression rebels get . Shares of apple hit an alltime high again. The worlds most valuable company has more than seven or billion dollars 700 billion. Apple is going all in on renewable energy. It has agreed on an 850 million deal to get electricity from a solar farm. Nbc has suspended Brian Williams for six months without pay. He was forced to retract the story in which he said he had come under fire while reporting in iraq. The host of comedy centrals daily show, jon stewart says he will leave sometime this year. He has anchored the Program Since 1999. He turned it into an influential show that makes satire commentary an
Higher hurdle on such germany to give its support to anchor his bid for eu membership but hes getting a very cool response from the german chancellor and burleigh turkeys membership talks had been repeatedly delaying overt new concerns over the countrys human rights record. Gemini is also worried about the crackdown on protests and a corruption investigation involving the ones government everyones first port of call was a Foreign Policy think tank in berlin. He delivered a speech where he argued the European Union needs turkey more than the other way around. He sidestepped a dramatic fall in the value of the turkeys leroy. And brushed off alleged corruption in his government and called an investigation into graft a judicial coup. It caught on yet. Cic see conan night structures of the indian against democracy and stability of the mass attack has been boarded on it due to a steadfast pasta. It will witness a diet that nice next stop was the chancellor rhee where are the one dollars and