what s your discretionary? purchases that can be postponed when times get tough that s not a rhetorical question today we got a couple of answers that were so surprising, they impacted the entire session s trading. the dow only losing 14 the nasdaq declining 7%. coca-cola lab, arguably the most powerful consumer company of all time, a classic staple it s a small world purveyor of something people were supposed to drink through thick and thin turned out to be not so essential after all. coca-cola stock got rock down more than 8%, a very down forecast, which is much worse than expected. it kind of really shocked me quite frankly. ceo, what happened he pinned the blame on macroeconomic forces isn t coke supposed to be immune to macroeconomic forces? you know what? strange day today, because it was a poignant quota to the awful december retail sales figures that came out this very morning. they were the worst in nine years. i told you it with australia bad christmas season ever s
all in the name of raising money for paid yediatric cancer and research. we have a number of speakers joining us live here throughout the next couple hours. there they are. we have nascar champion jeff gordon and cliff robins of bull harbor group, and a unique way to play streaming media, and, yes, involves teletubbies. oh, boy, looking forward to that coming up. green light capital statement e einhorn, bringing you all the headlines of what he talks about as soon as we get them, but we begin with apple crossing an important milestone today in terms of value. bertha is at the nasdaq with that side of the story for us. reporter: yeah. apple s market cap today crossing $800 billion in market cap. it crossed $700 billion after blistering 37% gain the prior year. already this year, apple s up more than 32% notwithstanding iphone sale numbers in the most recent quarter. the stock is up $100 a share since tim cook took over as ceo in 2011. a gain of nearly 200%, and apple is a
wave o, finding dory and captai america to a very profitable quarter. that incre helped off set sales of its cable unit, which fell short of ek peck tases and the biggest surprise was a major in in a video streaming company formed by major league baseball. bam tech. overall, disney earned$1.2 per share. r reve but investors apparently wanted more and shares fell in initial afterhours trading. julia boorstin who speak with bob iger, ha results. the big headline from d earnings red light is commitment to digital. third of streaming video company bam tech for a billion dollars. with plans to buy a new sports app. also plans to o apps and produ company s other properties. model.hin we think that in today s world, having the ability to stream on a scaled basis, live sports and live programming, is a competitive advantage. disney s ceo says this investme leaves the door open for th eventually bring its core espn service direct to consumers outside the bundle if and when it make
wave o, finding dory and captai america to a very profitable quarter. that incre helped off set sales of its cable unit, which fell short of ek peck tases and the biggest surprise was a major in in a video streaming company formed by major league baseball. bam tech. overall, disney earned$1.2 per share. r reve but investors apparently wanted more and shares fell in initial afterhours trading. julia boorstin who speak with bob iger, ha results. the big headline from d earnings red light is commitment to digital. third of streaming video company bam tech for a billion dollars. with plans to buy a new sports app. also plans to o apps and produ company s other properties. model.hin we think that in today s world, having the ability to stream on a scaled basis, live sports and live programming, is a competitive advantage. disney s ceo says this investme leaves the door open for th eventually bring its core espn service direct to consumers outside the bundle if and when it make
wave o, finding dory and captai america to a very profitable quarter. that incre helped off set sales of its cable unit, which fell short of ek peck tases and the biggest surprise was a major in in a video streaming company formed by major league baseball. bam tech. overall, disney earned$1.2 per share. r reve but investors apparently wanted more and shares fell in initial afterhours trading. julia boorstin who speak with bob iger, ha results. the big headline from d earnings red light is commitment to digital. third of streaming video company bam tech for a billion dollars. with plans to buy a new sports app. also plans to o apps and produ company s other properties. model.hin we think that in today s world, having the ability to stream on a scaled basis, live sports and live programming, is a competitive advantage. disney s ceo says this investme leaves the door open for th eventually bring its core espn service direct to consumers outside the bundle if and when it make