Bonds as we get q2 gdp this time tomorrow. Earnings, the busiest day of the season. Majors like facebook and ford on the move, dow chemical, inside look of the quarter from andrew. Hey, you get on to my cloud. Oracle buying netsuite for 9. 3 billion citing strats youlike synergies. The final day of the Democratic National convention ringing endorsements for Hillary Clinton from the president and Mike Bloomberg last night. The candidate takes the stage tonight and we will go live to philadelphia. First up, facebook with a massive earnings beat that has the stock set to hit alltime highs this morning. Eps 97 cents, beats by 15 cents, 6. 4 billion in revenue, monthly active users 1. 71 billion an mobile continues to grow, mobile ads 84 of the ads that facebook shows. Mark zuckerberg stressed video again and again on the call. Even turning a question about pokemon into an answer about video. Take a listen. One of the big themes were talking about here is becoming video first. Right. And as
John fort still at the mobile congress in barcelona. Kayla and myself at the New York Stock Exchange as the market for a second day now well see if it gets back up again. Were down 2000 points after yesterdays losses. We have been in the red pretty much all morning long. S p below 1900. Crude in the red over 2 . Well keep our eye on all of that. According to the ap apple will tell a federal judge that the fight against the fbi should be decided by congress and not in the courts. It appears the case is already not a one off decision. The doj is demanding apples help in unlocking at least nine iphones in addition to the one used in San Bernardino. He joins us to talk about that and a lot more. Jason we have not taken your temperature on this one. I imagine you have to have some striking views. Yeah, its a very complex issue and its one that we cant let the publics sentiment decide because obviously the public wants to see our country be secure. This is a complex issue. Its not a typical
Making the gloves in the u. S. The nfl says they are looking at hosting a regularseason game in china and that several teams are willing to go. Local news 24 hours a day powered by our news desks around the world. I am mark crumpton. Emily im emily chang, and i am emily chang, and this is bloomberg west. The show tomorrow. Apple versus the fbi after tim cooks latest remarks, and twitter turns 10 years old. We look at what the next 10 years may hold. First, to our lead. Apple unveiling their new iphone, the se, in cupertino, starting out at 399, the cheapest iphone ever, appealing potentialustomers and also highgrowth markets, like china and india. Investors not initially crazy about it. But i do want to point out that investors are sometimes slow to digest apple product announcements. Looking back since steve jobs died, shares on average rose but after product launches retreated by 1. 8 three months after those dates. What about todays news . I want to bring in a Senior Research analys
The paris terror attacks. Officials say his dna was found in a house used by the terrorists. First alleged shooter was arrested friday in brussels after a fourmonth manhunt. E fda is looking to ban gloves made with powder designed to make them easier to wear, which can cause Health Problems for some. Most have already been phased out; only six manufacturers are still making the gloves in the u. S. Says they are looking at hosting a regularseason game in china as early as 2018. The league says several teams are willing to go. Global news, 24 hours a day, powered by 2400 journalists in 150 news bureaus around the world. Im mark crumpton. Emily i am emily chang, and this is bloomberg west. Apple versus the fbi after tim cooks latest remarks, and twitter turns 10 years old. We look at what the next 10 years may hold. First, to our lead. Apple unveiling their new iphone, the se, in cupertino, starting out at 399, the cheapest iphone ever, appealing to loyal customers and potential upgraders
David thank you for coming. Emily so, billions. What was it about this showed that made you think it could be a hit . David it is a world that hasnt been explored so much on television. It touches all of our feelings about wealth and class, which is a hard subject in america. So this is very much in the zeitgeist and it deals with all of our complicated issues with the super wealthy. Emily you launched homeland and the affair when it comes to spotting a hit, is it all art . David there is not a ton of science. First of all, it is some combination of who are you betting on . Instincts about people, instincts about creators and the actors who will be able to grow and create a role. Good writing is at the core of it all. It is a good script that its a good actor which gets a good director which makes for a compelling show. And it has some sense for feeling where the culture is right now. What people will sit up and take notice with, which is everchanging. Emily is it a gut thing . Has the