Probably one of the biggest in terms of Enterprise Companies going public during this ipo vintage. We awere here last year for the uber ipo slack today. Well bring you lots of news about it its a different type of listing, its a direct listing well talk about all of the dynamics around that for now, back to you we talked about that direct listing earlier this week. The pros and cons to it again . There are some pros and cons. You can only do it if you have a lot of cash on the Balance Sheet. This is a company that does. If youre trying to raise money, it doesnt work this way theres no additional money that gets raised the way uber was raising money and wework will be raising money. Well see if it becomes a model. Spotify did it successfully. Slack is doing it. If there works, theres a question on whether airbnb, the next ipo on the docket in the future, theres a question if they go the same route it has a huge implication for wall street, wall street fees and the ipo structure. Andrew,
Former fed chair Alan Greenspan will join us. A new program were monitoring. That call and any news out of the Conference Call as he examines a tesla. Right now. Relatedly, we do have solar city. Did he help build those cars . Work on the Assembly Line . There are teslas everywhere in norway. One of the biggest usages hydropowered, as well. Its so interesting. So anyway we have earnings coming up here, as well. Earnings getting crushed after weak guidance on the companys Conference Call last night. Down about 14 right now. Investors are looking to see whether facebook can deliver now after the bell. Its up about 1 today. Weve got a top tech Portfolio Manager who says theres only one number in facebook earnings that matter. Hell tell us where it is coming up. But lets get to fed headquarters in washington where Steve Liesman is standing by with more on todays announcement. Steve . Hey, bill thanks. The fed leaving Interest Rates unchanged in july as expected. But the question is whether
About thislked yesterday, wide trunk would get the mexicans to cancel the meeting. It is very confusing. We dont know why he decided to put mexico front and center. Questions about mexico and a 20 border tax is what everyone is talking about, and today again he doubled down, insulting mexico and talking about the need for the wall. Johnson, what will theresa may learn from this exchange about how to negotiate with donald trump . She will not be responding on twitter. Guy she has to try to make this a calm affair from the british point of view. She is here to do a number of things. Some of it is domestic politics, and that is maybe where we will talk about trade. Some of it as well is to come here and convince the white house, donald trump that he needs to engage with the international community, that he needs to establish a relationship with a traditional architecture for security, and that is really what the british Prime Minister is here for. It will help with brexit, but i think the
About thislked yesterday, wide trunk would get the mexicans to cancel the meeting. It is very confusing. We dont know why he decided to put mexico front and center. Questions about mexico and a 20 border tax is what everyone is talking about, and today again he doubled down, insulting mexico and talking about the need for the wall. Johnson, what will theresa may learn from this exchange about how to negotiate with donald trump . She will not be responding on twitter. Guy she has to try to make this a calm affair from the british point of view. She is here to do a number of things. Some of it is domestic politics, and that is maybe where we will talk about trade. Some of it as well is to come here and convince the white house, donald trump that he needs to engage with the international community, that he needs to establish a relationship with a traditional architecture for security, and that is really what the british Prime Minister is here for. It will help with brexit, but i think the
Futures. The dow and s p are indicated higher. Nasdaq is lower by about 4. 5 . Alphabet. Alphabet and google. Ubs reporting a drop in Fourth Quarter net profit but results beating forecasts thanks to a better than expected showing in the equity business. The bank is pointing to improving Investor Confidence in the u. S. At the end of 2016. Speaking to cnbc earlier today, Ceo Sergio Ermotti says that could be a sign clients are ready to ged ot off the sidelin. We are realistic because we have data points pointing at clients and investors being more optimists and ready to be constructive about the situation. They are really looking for concrete actions by the new administration in the u. S. He said there could be mom t momentous changes for the Financial Sector if there is a hard brexit. Today we get results from chevron, honeywell, american airlines, General Dynamics and abbvie. And key Economic Data as well. A first read on Fourth Quarter gdp at read on Fourth Quarter gdp at 8 30, dura