Good monday morning. Welcome to squawk alley. Jon fortt has the morning off. Earning season will be a big narrative kicking into second gear after the close tonight. Netflix topping the list of stocks to watch as the Company Looks to build on last quarters subgrowth. Julia boorstin is watching details on that. Netflix blew away last quarter. They projected adding 2. 5 million streaming subscribers. Netflix jumped from 50 territories to 200 territories last year and this quarter was quieter and didnt have as many new show launches. Investors are also watching for Second Quarter guidance. Expecting netflix will project about 2. 5 million new subscribers for q2 and hopes are high for returning hits such as orange is the new black there are concerns about the u. S. Market becomie ining saturated growing competition from amazon and hbo Live Streaming services and bundled from dish, directv and a report says its all about International Subs from here that theres a lot of white space to fill
Other things, that he was unfit for presidency. On president obama, whether you agree or disagree. For republicans. 2027488000 for democrats. 2027488002 for independents. Facebook. Heres the headline from the Financial Times this morning talking about that exchange that took place at the white house yesterday. Obama brands trump unfit for presidency. This happened during a meeting between obama and the singaporean Prime Minister. Heres what president obama had to say about donald trump. [video clip] , thedent obama yes republican nominee is unfit to serve as president. I said so last week. He keeps on proving it. That he would attack that had madeily such extraordinary sacrifices on , the factour country that he doesnt have basic knowledge around Critical Issues in europe, in the middle east, in asia, means that he is woefully unprepared to do this job. Host if you agree or disagree with those statements, let us know what you think. 2027488001 for republicans. 2027488000 for democrats.
Killed. They are aware of the claims, but they have not been able to confirm them. They called that gunmen derailed youths, saying they wanted to listen to their demands, but so far that the attackers have not responded to the calls for the negotiations. All right, thank you, frank. They have been identified as the master mind of the attacks on the airport that killed 44 people. That the u. S. Congressman, who shares that Homeland Security committee today identified that organizer of the attack as sataya the commander that apparently directed the three men that carried out the attacks on tuesday. All because he is missing an arm as they have not confirmed their involvement as authorities, they are also nod indicating where they think that they are or if they are alive. Back here at home workers of several bay area cities will be taking on money for their paychecks. Reporter they are going up in some areas starting today, as they are joining us now, with the breakdown of their changes i
The heaviest is drifting to the east, lbi. Surf city to beach haven seeing heavy downpours, Seaside Heights Point Pleasant beach, seeing more downpours. This is for central ocean county, lacey, toms river. The bulls eye was northwest of lacey everything is starting to wind down. Thats good news there. Clouds limited sun, similar to yesterday, more showers and thunderstorms are expected, although its not expected to be as busy as what we saw yesterday. These are going to be pop up storms that 89 will feel like 93, 94 with the oppressive amount of humidity. We have showers and thunderstorms in the forecast, those could produce flooding problems, ill be back in a few minutes with the latest from the sevenday forecast. The overnight storms wreaked havoc in some areas. Look at this, a tree snapped and fell on to a parked suv between 10th and 11th street on south street. Nobody was inside the suv at the time. Well, police had to block off part of the road in strawberry plans overnight after
Numerous t if this deal sticks, it would be the first time in eight years that the group of Oil Exporters would lower output. And with that, the price of crude took off rising more than 5 , its best day in five months its not every day you see 4 and 3 moves in dow components exxonmob and chevron. And when energy turned, so it stocks. The Dow Jones Industrial average 18,339, and the s p 500 gained as well. Bob pisani has more on the oildriven rally. Best day since april 8th since an Oil Production cut in november. Not clear how much is being cut but reportedly a cap on total producti on 33 Million Barrels a day currently over 32 Million Barrels a day. Under the unclear who will be cutting and when. Does it sound nebulous enough for you . The cuts will more loon likely come from the saudis, theyre producing at record levels. Do you really think youre going to get a Production Cut out of venezuela . I so. Exxonmobil was up more than 4 , chevron up nearly as much. Both pushed the dow up 50