You or hurt you . I think the trump tax plan probably helps me more than it needs to, and im missing that part where nobody on the high end was going to benefit and this was going to benefit middleclass folks. So thats fake news. That would be that would not fall into the fact checkable news. Great. Lets get down to the serious things youve been investigating. Some of the platforms that many in the audience and even myself love, facebook, twitter, using Search Engines like google, are all now wrapped up into your committee, intelligence committee, coming in. Do you feel that these platforms are undermining our democracy . First of all, i know this feels like its a story that never ends, but lets look at what we do know. What 99. 9 of everyone in washington believes democrat or republican with the exception of maybe one individual at 1600 pennsylvania avenue. One, we know that russia using its services massively intervened in our election by hacking into both Political Parties and relea
Small cap russell index is often seen as a proxy for tax reform that index is underperforming again today. Well have the latest on any changes to the house tax plan, and we have an update on the senate tax plan. Which is still to come lets start, though, with todays earnings parade that is driving big moves in the market. In various stocks. Bob pisani joins us now with the highlights from this morning and we have a preview of whats still to come here tonight, bob. Retailers coming, bill, but remember 75 done. Still a lot of retailers just want to companies in general, just take a look at royal caribbean, nice move up here beat by 9 cents. Despite the hurricanes and the issues, they gave a terrific 2018 outlook thats why the stock is up almost 3 . Move to the left, remember coach, well, its now called tapestry, that i had a decent number here. The small beat, revenues were short. Remember, now, they now own kate spade. So theyre merging the company i would call this a transition quarter
Down to 67 basis points today. Road map begins with the year of trump. One year since donald trump historic run, is there still room to run for the stock market rally that followed . A snap lifeline tencent posts a 10 stake. A snapchat redesign. A president ial warning to north korea, do not try us we will go live to beijing, the latest stop in the president s tour of asia it was the year ago today that donald trump was elected president , market history has been made with stocks constantly hitting record highs since the trump election, the nasdaq is up 30 and s p a 21 gain guys, if you look at first years of incoming president s, its third behind kennedy who had 26 his first year and bush 41 had 23 were going to look all morning long at the impact on m and a and how the tweet moved individual names. Its worth talking about. Lets get one thing straight, the rest of the world has been good too i dont want people to say if they hadnt been in america i do think theres an atmosphere that c
Giant. Plus, courtroom grilling the Trump Administration defending its use of executive power and the travel ban before a federal Appeals Court. Social medias in focus. Facebook and twitter getting some upgrades ahead of earnings tomorrow. First up though, a bunch of earnings to get to, time warner a beat on both the top and bottom line. Alaska air also beating the street announcing an increase in the Quarterly Dividend ahead of the meeting with airline ceos at the white house tomorrow. Big report focused on is disney, revenue falls short of consensus, rising costs as we said, declining viewership at espn weighing on the results. Here is bob iger last night talking to our Julia Boorstin. I think theres way too much pessimism about espn because espn is still in demand from three constituents you want to be in demand the most from, one, distributors, two, consumers, and three, advertisers. And the reason its in demand is the brand is still strong, the product is still good. Weve invested
Thats right, carl. President trump tweeting from his handle realdonaldtrump my daughter, ivanka, has been treated so unfairly by nordstrom. She is a great person, always pushing me to do the right thing. Terrible this is in response to nordstrom saying that they have pulled their merchandise, as every year, at 10 of the goods they sell and make decisions based on what is selling and what is not. Some read that as the impact of the boycott on donald trump and trump merchandise at a variety of retailers. That news came in the middle of last week. So, in some ways, its a bit surprising its taken the president this long to say anything, if he has at least chosen to Say Something at this point. Shares of nordstrom did fall initially and they have responded, sitting right about unchanged at this point. Carl . Courtney, were going to watch that, see if it hangs in there. Thank you very much. Spencer rascoff, i know we want to get to immigration and certainly your earnings, but how do you thin