Caroline bitcoin hits a fresh record since its peak in november 2021. We will have coverage of the market and those meme coins in the rush. Lets first check in on these markets. Bitcoin is up, but the rest of the market trying to digest some of the runup we have seen. We focus in on mixed Economic Data today. The u. S. Showing some Services Weakness and we look ahead to testimony from jay powell, his semiannual experience in terms of the politicians. What will the grilling mean . How much will he be reticent to say that they are looking at those rate cuts anytime soon . We are looking at 1. 8 down. I want to focus on what is happening in china, the tradenames in the United States with a Golden Dragon index, off by 1 as we see a Growth Perspective coming from china. How will they get there . That ultimately what is the debt they are going to be fueling in terms of the focus on a i, on technology coming from china . Not enough to buoy the stocks and chinese names. Looking at the 10year y
At 10 eastern, nikki haley will announce if shes dropping out. The wall street journal says she will not immediately endorse donald trump but will urge him to win over independents. If haley wants a political future, shell have to make up quickly with mr. Trump because trump is now the almost certain republican candidate in november. Super tuesday was a runaway win for him. He has won every state except vermont9. That was haleys only state win. In his speech, his victory speech, trump called for unity which he said, quote, would happen very quickly, presumably unity within the Republican Party. Now, President Biden, he won his primaries although there was a very large uncommitted vote, nearly 20 in minnesota. He did not hold a victory rally, he did not appear on camera. He issued a statement saying in part he, trump, is driven by grievance and grift. He is determined to destroy our democracy, end quote. As of now, it looks like a rematch, biden versus trump in no. Now, you will see nik
Since april and the first time in 47 sessions where it broke the streak of days where the s p hadnt dropped by 1 first time we have seen a loss like this in a while nasdaq was down 2. 2 that was the worst day since february if you look at treasury yeields, we saw action. The 10year treasury pushing higher the 10year is 4. 41 2year at 4. 19 . Andrew, we talked about the market blowing off the downgrade from fitch in the morning. Yields under pressure which is the opposite through the course of the day, yields did pick up a bit i know you have comments from Warren Buffett in a moment i dont know if this is a number of earnings which were better than expected, but some were weaker you have the report. That brought the expectation to bring more pressure on the fed to raise rates that, to me, is a much better rationale than the fitch report. As you know, my view is not that it is silly. It is important to say aloud the world is a relative place. If you downgrade the United States, you have
Is this another sign that the postpandemic travel boom is running out of gas im melissa lee, this is fast money, were live at the nasdaq ma marketsite we start off with a huge slate of earnings. Apple and amazon headlining the afterhours action. Full Team Coverage on all these names. We start off with steve kovach and apples big quarter. Steve . Yeah, melissa, it is, like you said, the Third Quarter in a row of falling sales, with revenue still beating estimates, but down 1 year on year so, revenues coming in at 81. 8 billion, street was looking for 81 p . 69 billion and the eps was a bigger beat, 1. 26 versus 1. 19 expected. Iphone, slight miss, coming in at 39. 67 billion. Just a couple hundred mill short of expectations there. But the story today is going to be services. Hitting a new record of 8 year on year. Growth accelerating there, booking 21. 21 billion in revenue there. And gross margin, i want to point out the expansion there, also beating expectations, 44. 5 gross margin, a
Sabras por que cambio de rumbo tras su historica victoria en washington dc y que pesaria en el esperado super martes. Alan mas de 6,000,000 de personas continuan en alerta por la tormenta de nieve que causa estragos en california. Conductores quedan varados en sus autos y miles de hogares no cuentan con electricidad. Satcha fuertes vientos y calidas temperaturas siguen alimentando el invierno en texas. Estamos en vivo con los estragos del mayor incendio forestal en la historia del estado y el dramatico testimonio de afectados. Alan alto al fuego en gaza. En la solicitud que hace la vicepresident a Kamala Harris, Mientras Estados Unidos lanza por primera vez desde el aire ayuda a esa region. Satcha messi celebra el cumpleanos de su mujer por todo lo alto en miami. Aqui veras que famoso los acompano. Alan shakira de apuesta al regional mexicano. Asi lo anuncio la cantante en una presentacion dEl Grupo Frontera. Aqui escucharas el adelanto. Satcha seguimos pendientes a la salud de dona si