Im on percocet. Get in here, pat. I wanna get funky. Mr. Gorbachev, i can see sounds. Read my lips. Im on ketamine. Announcer its the late show with Stephen Colbert tonight. Bar none plus, stephen welcomes rupaul and Yuval Noah Harari. Featuring louis cato and the late show band. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert [cheers and applause] stephen thank you very much very much. Well come down here, up there, all around the world to the late show. Im your host, Stephen Colbert. [cheering] the big story today is the Supreme Court once again shoving their gavels up the election. Longtime viewers of america will remember that colorado kicked trump off the ballot because of the whole launching a violent coup so he could stay in office, violating the 14th amendments insurrection clause. Well, today, the Supreme Court said trump can stay on all state ballots in a unanimous ruling. [booing] i agree. It is a ruling that i will remind you no one
Notched the first record close since november of 2021. It was up. 90 . It wasnt the only index to set a record. S p was up, too. The 14th record of the year. The dow broke a threeday losing streak and trading off. 75 . Nasdaq 100 set a record yesterday. If you look at treasury yields on this first trading day of march, you see the tenyear yielding 4. 227. Twoyear yield at 4. 58. And Congress Passed the shortterm funding bill sending it to President Bidens desk last night. It averts a partial Government Shutdown that would have happened this weekend. It is part of the broader bipartisan deal to push back the deadline for 6 of the 12 spending bills tofund the agencies until next friday and the remaining six until march 22nd. New York Community bancorp shares plunge after replacing the leadership. Leslie picker has the latest. Reporter andrew, good morning. The latest news is just salt in the wounds of investors who held on to new York Community bancorp shares through the year. The stock
Comparable store sales. Sales guidance did come inabove consensus. Ai, of course, also in focus, as it always is. Sergei brint speaking out saying the company definitely messed up its gemini image generation launch. Apple down in the premarket, again, following the report that iphone sales plunged 24 in china yearonyear for the first six weeks of 2024, face competition from local smart phone firms like huawei. This is boutique data, but they are on track for five days of losses. Trying to get a confirmation. A lot of these Different Services you have to take with a grain of salt. I would say, if you take china itself and look what theyre buying, theyre all trading down. Theres a lot of things wrong with china. I told club members yesterday, it could go to 160 without really a problem. You have one of the great ef performers of all time, caught in mid cycle. David, we dont know if theyre going to have the samsung like ai in the next edition, the 16. Its one of those things where you jus
Now looking at none to one. This is bloomberg surveillance with jonathan ferro, Lisa Abramowicz, and annmarie hordern. Jonathan live from new york city, good morning, good morning. For our audience worldwide, this is bloomberg surveillance with Lisa Abramowicz and annmarie hordern, i am jonathan ferro. We got to begin with this name. Apple. The latest reporting from our colleagues at bloomberg. Apple canceling a decadelong effort to build an electric car. Lisa a decade ago it was building a car would be the next vr headset, the next artificial realitytype of experience. It turns out it is a bad business to build cars. Its a Good Business to say we have something with ai in whatever form it is and it will transform your life. That will gain more traction. Jonathan there is information what theyre moving away from, moving into, and how the market responded. The stock rallied which tells you everything you need to know. Apple imagined the car being priced around 100 k but executives were
Year of running the electric truck maker. And why and and why a familiar face is taking the wheel. Abbas on an amazon reporting apple and amazon reporting quarterly earnings, its market cap now below 3 trillion u. S. Dollars. A lost that market cap around. The other end of the scale, amazon up 11 on an intraday basis on track for its biggest jump since november, a beat across the board. We will dive into the earnings of both companies but i want to start with apple because this is a really big change of sure. Softness for iphone in the fiscal Third Quarter gone, over new rev overall revenue beat expectations but it fell 1 yearoveryear. That makes it the third consecutive quarter that apple is seeing a year on year sales decline. You see that on the far left inside of the chart. That is the biggest run of the kleins on sales dropped since 2016 but you go back 20 years, all the way over here. If we get another year on your Quarterly Sales decline for a fourth consecutive quarter, that is