Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange on cnbc. Im sara eisen im dominic chu in for wilfred frost. Welcome good to be here. He made it through his bike ride he did. The pictures are on instagram. Congratulations. Success it looked really hard. It did. You have to be in shape to get through Something Like that. He trained a lot. Hard core training of new jersey there you go. He made it to monaco. Lets check in on the global markets. U. S. Equity futures starting off after a holiday closed day yesterday and a half day of trading on monday. Dow futures up about 15 points s p futures down and nasdaq futures are under some selling pressure this morning, down 21 tech underperforming even though we got a big rally on monday during that half day of trading. Well talk about that in a moment tenyear treasury note yield, higher higher yields last week. Higher yields on monday. Thats the dominated theme theyre going higher again this morning. Watch this car
They are missing the point. Microsoft has just confirmed that American Technology rules. The big five have the ideas, the profit and the growth. And, you know, that might be a problem for one of the big five, amazon. There are report that is the government is checking their prices. Are they really discounting . Thats a small scale investigation, but it may be the start of a pushback to the extraordinary power that amazon has acquired. In a moment, the full story on tech and the presidency on brink of a big win or a big fail. The friday edition of Varney Company can is about to begin. Stuart oh, look at the futures. Were down 50 points at the opening bell, 28 and a half minutes from now. Well check that market when it opens. Oh, dear. I told you a moment ago that microsoft reported stellar profits, and so they did. But the stock price is slipping a little after a big runup when the results were first announced. Profit doubled the, the Cloud Business took off, and were going to try to fi
And uglier at the close however strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know, we werent sure about it to begin with. We had a 50 50 shot and thats essentially because to net that leverage w
And uglier at the close however strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know, we werent sure about it to begin with. We had a 50 50 shot and thats essentially because to net that leverage w
It was an ugly day at the open and uglier at the close however strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know, we werent sure about it to begin with. We had a 50 50 shot and thats essentially