Day event. Our new betting week close there, never to be seen again, perhaps . Barstool sports has put Penn National gaming stocks firmly in the lead, but nearly a month after its recordbreaking rollout, whats the next may for Penn National gaming whose stock surged 153 year to date . Penn national Ceo Jay Snowden is here in a fox buzz exclusive. Plus business exclusive. Plus, weve got the woman who traded Silicon Valley for the heartland and now has her homegrown products flying off amazons digital shelves. But first, we begin with a fox business alert here. Investors are pulling back the reins on workhorse at this hour after it gallopedded ahead at the opening. Take a look at the utility maker. It secured about 200 million in funding from institutional lenders in the form of senior secured convertible notes due in 2024. So you can see where we opened, above 30 a share. Right now were at 27. 05. So really pulling back, and possibly just getting to the flatline from where it closed on
Down, major averages higher. There is the rate picture today. 450 on the tenyear. Apple helping too. That stock having its best week since december of 2021. Results less bad than feared, and the announcement of a massive buyback the main catalyst there. It takes us to our talk of the tape. Is this the week that apple found its footing. Le i look at your notes today, you say, quote, it is hard to not be more bullish on apple here. Why so . Sure, so i think the risk ultimately coming into earnings was a fear of a guidedown. We got a guideup. So, we move past the june quarter guidedown and look at the developer conference upcoming, the iphone launch coming later in september, this is historically when an apple outperforms, yet we have seen the stock start the year as one of the biggest underperformance years in the last decade. There is a catchup trade, the risk is behind us, estimates seem derisked and there is a reason to be excited about the future. The revenue decline, the fifth time
Judge ordering crews held without bond. That happened just an hour ago. He is being charged with premeditated murder of 17 for the High School Students and teachers. This comes as his association with a White Nationalist militia comes to light. The Associated Press is reporting he took part in paramilitary drills with a group called the republic of florida in tallahassee. More on these details and what was missed on social media that was out there. That is straight ahead. We also just found out the senate stuck in quicksand as they hold procedural votes on reform amendments. They need 60 votes to halt debatthe debate on each one of them. The mccain dreams act has failed, we are tracking the rest of them but we have coverage of that plus the 1. 5 trillion in for structure plan, congressman tom rice and joe joining us exclusively with their opinions on whether theres enough money to even begin to scratch the surface of all the problems we have with infrastructure in this country. To wall
Good morning, everyone. Welcome to a special edition of squawk box here on cnbc. Im becky quick and this morning i am in a suburb of omaha ham, nebraska, called la vista. Joe kernen is back at cnbc headquarters on the east coast. Our special guest this morning is Berkshire Hathaways Warren Buffett. Weve been soliciting your questions for mr. Bust over the last several days and as always, he he didnt disappoint. You have emailed, tweeted, facebooked and shared your thoughts on linkedin. Before we get to that, joe is going to give us a quick rundown of the mornings top headlines. Hey, beck. I know the sequester is hitting everybody hard, but this is your new set up there with the boxes and the usually we can splurge a little bit more. This is affecting everyone, i think. This it is. But this was a purchase. Berkshire never gave any numbers on this, but it was reported that this was a purchase of about 500 million. Whoa. But it was what we twauts the companys most recent acquisition. He s
Countdown to the countdown, waiting on warren and is required reading. The shareholder letter will be released after the bell. Will it reveal another monster purchase . Top profit watchers shareholder. There is a major dinero in learning the languages. Rosetta stone with better than expected and earnings. The stock jumping in the ceo joins us this cozily to talk about the drivers of 2013. And you were sequestered protection plan. What to do with your money of the government cannot give it back together. Helping you find the profit. The countdown starts right now. Liz live from the floor of the New York Stock Exchange in Lower Manhattan on a day were the big question was earlier will we hit the alltime high . Right now talking to everybody, asking that traders. Everyone sang probably wont happen today. What can we tell you . Let the markets right now. We did have a move to the downside earlier today. Take a look. About 24 points. Considerably higher. Looking at the industrials up about