Intel and qualcomm are ones that we own, and they are nicely yielding stocks with multiples of 11 to 13 and depending which one you are looking at, and is cisco with the 3. 5 yield, and intel is the same, and qualcomm with the 4. 5 yield, but we have talked about it before, is old new . But looking at a name like qualcomm, and in particular, you are seeing the the breakout that you have not seen this year, and this time last year in the high 60s and now in the low 50s, but i believe it can get back to the high 60s with the breakout on the chart. And now, i will throw in the ibm and both of the hewlettpackards and the western dij, because they are outperform ing. Yes, the applied are crushing it. And now, intel is up 80 cents today which is a 1. 5 move, but of the stocks, unfortunately the one that you named, mel, the only one that i own is microsoft on the list. I should have been in some of these in lower price, and i have not seen it. And what are the investors missing here on the st
Performing dow component over that time. So the big question for apple investors right now is, doubling down on retail enough to reboot this struggling stock . Kick off the discussion with Brian Sullivan and michelle ka russ russocabrera. Theres sliding glass doors, 6k video screen and the eyes probably cant pick up. Trees planted along its Customer Support section inside. Theres also a public plaza open 24 hours a day. Free wifi and live music. Apple retail chief says it is not about evolving store design. But creating a community for customers and visitors. But as sounds nice. Sounds gorgeous as tyler mentioned, should apple bet big on retail instead of focusing on the next big product is . Joining us is contributor jan niffen and john fortt and january, what do you think of this move . Apple is good at retail. Good enough move . Its not like they cant do both, right . Its the next great store and they have to have the next great new store and now they look like a microsoft store, ri
Its great to have you with us today. John, how about this story, ford getting destroyed today. Do we need to be more concerned beyond the auto sector. Well, judge, im not a big fan. I like their products but im not a big fan of ford, i havent been a fan of any of the Auto Companies in this country. In fact a much better buy would have been volkswagen even though they have the rigging of emissions. Dont you look at this story and say if the consumer has been a pillar of strength at least in certain areas like ouautos and housing dont you say i need to be worried about this overall market steve. To your point Home Building, so Home Building and autos generally are the two biggest towels in terms of the consumer recovery, however this times different because of low rates and incredible financing opportunities and subprime lending still being a huge factor in auto sales as opposed to home sales brought ford a lot of demand and that demand has been satisfied so when you see all time record
Tonight, Hillary Clinton officially accepts her partys nomination, and just minutes from now, were going to speak with one of wall streets biggest backers of the clinton campai campaign, mark lazri. Thats katy perry doing a sound check. Shes wearing a black baseball cap that says hrc for Hillary Rodham clinton. Im assuming you can hear her roar. Right now, in fact. Welcome to the busiest earnings day of the quarter. The dow is down, but apple continuing its solid run. Your big dow laggard right now happens to be boeing, down about 2 . Lets get downtown, and our own bob pisani with a scorecard on earnings season as we officially reach the halfway mark. Bob, how are we doing . The numbers are slowly improving, but still negative. Lets look at the Second Quarter scorecard. The s p 500 as a whole, these are Companies Reporting as well as companies that havent yet reported, what we call the blended earnings rate, down 2. 8 . Thats not good. Its still negative, but its better than it was a f
And weigh on an already struggling global economy. It crept into the market yesterday and remained there today, pushing the s p 500 into negative territory for the year. By the close, the Dow Jones Industrial average fell 91 points to 17,435. It had been down nearly 200. The nasdaq was up 26, the s p 500 lost 7. Domenic chu has more on todays slide. A fresh round of worries crept back in the markets as traders continue to digest headlines from the Federal Reserve and key Earnings Reports. The weakness comes a day after the fed left the door open for a possible Interest Rate increase next month and earlier today new york Federal Reserve president bill dudley reiterated the same stance. Im convinced my own forecast is on track. Then i think a tightening in the summer, the june july time frame is a reasonable expectation. It is a question of whether the car cooperates and performs in line with my personal expectations. Interest rate concerns were just part of the picture. You had more unc