Every possible metric. The stock is soaring, as we see there. Afterhours session highs. This comes as every other Major Tech Company has basically tanked on earnings. So can facebook save technology, and should facebook be a core holding in your portfolio. Guy, what do you say . Listen, ive been wrong about a lot of things, most things, but i think categorically, collectively weve been right about facebook. If you look at facebook, the one thing that stuck out to me is, forget about active users on the mobile app, look at what they did in operating margins. Up to 55 . I think the street was looking for 51 . If the stock opens here, i believe its a new alltime high. I think facebook will continue to go higher. Can it back and fill . Absolutely. Should it be a core holding . Without question. At least a 52week high, if not an alltime high. This stock has a knack of gapping to new highs. You had 52 Revenue Growth year over year. I would just mention this. This time last night, we were tal
There. The stock already the worst performer on the dow over the past year and now one of chinas most powerful businessmen says the company is outdated. Cnbc asked an industrialist about apples future. He is ringing alarm bells. Translator in china, can you see that apple has already begun to lose the rapid sales growth momentum. One of the most Important Reasons is that apples innovation has become extremely slow. Two apple analysts join us now. One is bearish on april well a neutral rating for all of last year but three months ago but a buy rating on the stock. Guys, great to have you with us. You know, one of apples latest innovations is the apple se. But some say that make shift could present problems for apple when it comes to margins and average selling price. There was this interesting stat if, 10 million customers chose to buy an se instead of a 6s, that will put a pressure on margins. How much for apple Going Forward . Yeah. This will have some impact on apple. At the same tim
Roughly where they are. And any motion there is going to be slow and deliberate. Lets get to bob pisani on the floor of the new york stock exchange. It is the newest leg of this rally, Dow Jones Industrial average at a high for the year and much of it is being fueled by that weak dollar set off by the fomc announcement yesterday. Want to show you that dollar index. Dollar lost 2. 2 against other currencies just in the last 24 hours or so. Thats a huge move. Big move and big help from materials and industrials and Energy Stocks. Look at caterpillar here. Caterpillar gave the worst kind of profit warning, dropping essentially dropping profits 30 in the First Quarter and the stock is up 1 today. Look at that. Moved about 3 . This is a twoday chart. Thats a sign of how powerful the weak dollar rally has been. Now, take a look at other commodity needs, throw in a couple of names, free port, alcoa, devin energy, Energy Stocks moving today. This is the second day of a notable rally. Put the s
With government announcing a tanking on earnings, the reports from apple and facebook be the next shoes to drop for tech . Lets get in the money right now. When you think of technology, it came to the end of the week where we saw 50 billion shaved off between google and microsoft today. For the most part, they were hanging in there. There were a lot of disappointments. Ibm, intel. And these two guys. And to me, if you look to next week, tuesday and wednesday. We have 1 trillion or close to it between apple and facebook reporting again. Apple, i dont think expectations are particularly high. I dont think the stock is going to move a heck of a lot one way or another, unless there is a meaningful downgrade. Facebook, that stock rallied in january when they beat on the floor. And thats one that people want to keep in there. In the game here. Apple is getting into the drifting around aimless levels that weve seen historically. One of the things that keeps it from the bottom falling out. You
Homeland security chief warned mall of america shoppers to be, quote, particularly careful, and yet yesterday it was still hard to find a parking spot at that mall. Why arent American Consumers worried if the government is . Some surprising answers on this one just ahead. Important story there. Another one as well, the president just wrapping up comments about these new rules theyre talking about for 401 k rollovers making sure the Investment Advice you get is good for you and not just for the Financial Planner or broker who is advising you. There are some concerns that people are being steered into investments that have higher fees. Theyre suitable for you, but theyre expensive at the same time, and there are cheaper alternatives. So brokers may be making more on these higher fee investments, and so the president wants to do something about that but the industry is fighting back. So we have both sides of that issue coming up a little later here on the closing bell. Yeah divisive one.