Pope. On the way back to rome from mexico, an italian newspaper reporter asked francis about trumps prior statements regarding undocumented immigrants and building a wall along the u. S. Mexico border where the pope had celebrated mass just hours before. The pope didnt use trumps name but said a person who thinks about building walls instead of bridges is not a christian. Donald trump fired back quickly though reading from a prepared statement which is rare for him. For a religious leader to question a persons faith is disgraceful disgraceful. Im proud to be a christian and as president i will not allow christianity to be consistently attacked and weakened. Political pundits and analysts wasted no time assessing the impact of the popes comments on president ial other candidates were choosing their words to react carefully, including marco rubio who is catholic. Vatican city controls who comes in, when they come in and how they come in as a city state. As a result the United States has
Got, they are hoping they will look at this new iphone expecting to be released today out of presentation at a presentation here. Not as big a presentation as when they announce the bigger iterations, but a smaller phone what they are offering in the market right now. In addition to that, talk of a new ipad, following up the ipad pro release last year. And yes, hold on to your seats, new bands for the watch. Its exciting. Excited about the new watch bands. Cory johnson, editor at large. Cory its the size of this. Emily exactly. What does this they mean for apple . The company, investors, consumers, and how much do todays announcement even manner even matter . David kirkpatrick and bret taylor, former cto of facebook. The creator of google maps and ceo of quit. And dave warned, dave warr everybody, thank you so much for joining us. I want to start out with you guys who built heavily on the . The apple ecosystem. I Just Launched a new phone. Its probably not huge news, but i think the br
Their highest level of the years. With todays gains the dow has wiped out all of are its 2015 losses, amend heres what was really interesting. Were starting to see a rotation out of socalled safety trades, utilities, Consumer Staples, telecom, money going today into industrials and discretionary, technology. Guy adami, a good sign for this rally. All started last night. Tim will speak to this. The china numbers were good enough. People are looking for the lesser of good, looking for quasidisastrous and they good to somewhat pretty encouraging, i would say. Jpmorgan earnings. This is whats interesting about it, right . Profit down 7 year over year but if you look at stock last may jpmorgan was probably about 7 higher than it currently is right now and the is is probably exactly where it was this time last april may so the math at a certain point does work. I thought it gave people the green light to say you know what, valuations make sense. Clearly through the levels that i thought it w
Or nondecision. 59 minutes from now. But meantime, we start off with apple. That stock is more than doubled the daily volume average, 80 million shares trade sod far today. As you might expect, apple is pressuring the nasdaq. Surprising moves in the dow and s p 500 which look to be pretty resill yenlt on t yenl resili of this news. What does apple need to do to bounce back from the first revenue decline in 13 years . Lets bring in our analyst who lowered the price to 125 after 141. Jason ware, he owns 143,000 shares of apple. Gentlemen, great to you have with us. Ill start off with you, you know, it really is the Second Quarter revenue guidance that has a lot of investors concerned. And all the reasons they list behind that revenue guidance lower is theyre terrible reasons. Plan to cut inventory by 2 billion. Lower average selling prices because of that se. Overly optimistic forecast for the mac during the back to school season. Why do you stick with an overweight rating right now . We
Robin winston earlier there was a little bit of a backup in the cash land that has completed and out and just move all across the upper back to downtown a quick check of the east bank 682 americans have been confirmed killed in a terror attack in brussels reports coming in of a major antiterrorism operation right now and belgium will follow the lead to the breaking news desk. Anny hong belgian state media also reporting that two explosions have been heard one person has been detained in police raid multiply its operations are underway in this area we have also tried that two people who live in the york were killed here are their fauteuils the family of sausage and i wasnt a contest he confirmed that his brother and sister pair died in the attack at the airport. Will tran police have and will monitor on him they know that the state has hired someone to follow him to for our today the state has decided the concord is the place for him for now please the parlor theyre not happy that he is