A deal to acquire Cloud Software provider hasha corp. At a premium to its 4. 9 billion market valuation could be reached within a matter of days, shares surging over 22 right now on that news p. Lets check ib bm shares. Initially, they dropped on the report but now just up about half a percent right now. Lets get to the border broader or markets because the bulls are charging ahead with about a 59 minutes left to trade. All of the major averages extending yesterdays gains. The dow is up 257 points and on pace for a fourth straight session of gains. The s p 500 up 61. 5 points right now, looking for its first back to back gain since last month, and the nasdaq is also trying for two up days in a row, looks as of now that it will clinch that. Earnings season, folks, is officially here, and helping at least in part to paint the session green. Speaking of earnings, investors giving the green light to General Motors after its report morning. Shares really accelerating right now by 5 after the Company Raised its profit outlook for 2024 and companies from a range of sectors getting a nice postearnings boost. Streaming Service Provide orer e or spotify up 14 right now after swinging to a profit. Medical conglomerate daniher seeing a nice if 7 boost, atop the s p 500 actually right now. Ge aerospace seeing gains of 7 right now on pharma name no novartis the up 2. 23 . That is proof that hitting or raising guidance, one of the most attractive things for wall street when you have an Earnings Report. Now, one of the most iley anticipated highly anticipated Earnings Reports comes after the bell today. Tesla share. S inching higher ahead of that report after a dismall report this year. Were up 2 right now but, certainly, down on the year. Were going to dig deeper into what to expect in a few. With more as we await results from meta, alphabet and movement but first, lets get right to the floor show to discuss todays Market Movers and what your next move as an investor should be. Joining me now is seaport securities president Teddy Weisberg and Hudson Valley investment advise iser, guess gecko. Thank you so much for joining me today. Thanks forking for having us. Kelly guest, we are in a very gus, we are in a very different place than we were from january. In some cases, the ups are the beauty of low expectations. For example, ups today beat guidance, but you see that softer demand from a delivery perspective. So whats your take on what were getting from earnings season thus far . So far were seeing or margins are better than expected. Were running about 12. 5and overall 13 overall which if you were looking in the past generally would have been 810. So were seeing better than expected margins and gdp numbers are better than expected, so thats helping to flow through the economy. Revenues havent been there, so thats the thing were keeping an eye on. Remember, financials were the first ones to lead us, and they had a little bit of a mini recession. So were funneling through that, and were looking at actually better earnings as we move through this quarter. Kelly yeah, definitely something were all hoping for from big tech this week. Teddy, i want to bring you in because whenever we talk earnings, i always hear in the back of your mind an earnings trifecta, right . Bottom line, top line, guy dance. I love that from you. Guidance. But this thing weve with seen guidance kind of downwards for a lot of the companies. Im thinking jetblue, for example, earlier today really revising down that Second Quarter guidance by so 10. 5 . Whats your take on some of that a downward revision that a were seeing . El, i think, kelly, therein lies the problem. It is an earnings trifecta. Its the top line are, its the bottom line and its the guidance. And if you have to get, if you have to get something wrong, what you dont want to get wrong, in my opinion, is the guidance. The stock market in general is a forwardlooking indicator, not a trailing. It doesnt react to trailing indicators. And so the guidance is forwardlooking, the stock market is forwardlooking. You can beat in the top line and the bottom line, but if you dont get the guidance right, youre going to get pup earned. And weve seen punished. And weve seen that over and over again in past Earnings Reporting periods. Now, some companies, you know, if theyre having problems, theyll preannounce and try to get ahead of that curve. But, you know, on to balance as gus pointed out, the earnings are coming in quite good. Last quarter i think almost 80 of the companies that reported beat, and were now getting into the sweet spot of the earnings. Tonight we have hes after the close, tomorrow night meta. S this is a big week for earnings as next week will be. So its all about the earnings, and in by opinion, its all about the guidance. Can. Kelly yeah, definitely the guidance. You see jetblue revising that downward. The stock is down over 10 right now. But, you know, gus, you mentioned the fact that revenue if has been down a little bit. One of the most confusing things to me as were seeing all Economic Data come in is the resiliency of the consumer, okay . Were going to get another read today on the consumer when visa reports. Analysts are revising those estimates up. We got three from amexlast week which i know you like a a lot. Yes. Kelly they beat. What do you think all of those data points are saying about whether we are going to see that consumer stay resilient . Were going to see the consumer stay resilient for two reasons. Number one, employments high. People have a job, theyre spending. Thats the great thing about america, we lo to spend. [laughter] we love to spend. Kelly we do. If youre somebody thats 65 and older, you have 75 a billion in assets. Thats where they are. So an increase in Interest Rates helps them. Its the lower 50 that are feeling like theyre in a recession. So the spendings still going to hold up, but theres a tradeoff. Youve seen people substitute goods and checks at restaurants, youre seeing the ticket actually go down a little bit. So we think youre still there, its just not as robust as it was, say, a year ago. Kelly its an interesting point about the demographic shift because a lot of those, you know, baby boomers are actually benefiting from high rates right now in the money markets and what not. Teddy, just really quickly, i know that you are very bullish e on 3 and 6month treasuries, and i wanted to get your take on why specifically. Is that youre hoping to capitalize on a rate cut rally later in the year, or are you feeling like you wouldnt want to put your money into a longer term bond because youre worried about Government Spending . Got about 30 seconds. Well, im not opposed to the longterm bonds, but the 3month and 6month treasuries have been a great place to hide for the last 1218 months. Two years ago folks were getting zero on their money. Im perfectly happy with a 3month, 6month. I dont want to make a bet on Interest Rates. Quite frankly, i think all the rhetoric about Interest Rates is nothing more than rhetoric. Nobody if really knows not even the fed knows, but it e certainly appears as if all the a bullish rhetoric about the fed lowering rates going back to last November December has turned out not to be the case and, in fact, now we could go through the whole year and maybe theyre not going to do anything with9 rates. Kelly right. So im comfortable with the 3month, 6month treasury. I think its a great place to hide. Were not opposed to owning stocks. We own plenty of stocks. We have a lot of exposure to the stock market. But what i call mattress money p i think its a great place to9 put kelly mattress money, i love that. You know, we have so many unknowns, kelly kelly yeah. So many potential problems out there. Were not so boarish that were all in, but we also want to put some of that mattress money to work at 5. 255. 5 . Kelly i love. That we, unfortunately, are going to have to leave it here, gentlemen. G cu us, teddy, thank you so much for your time. Thanks for having us. Kelly i want to get to this, tesla shares up 2 right now, almost 2 , ahead of its Earnings Report set to come out after the closing bell. The ev maker peppererring investors with what might be in store hours before the report by announcing a new model 3 performance vehicle launching today. The price is starting at 40,490. Tesla are not only, the only, rather, big name reporting First Quarter results this week. Weve got meta reporting tomorrow, microsoft of and alphabet reporting thursday and is results from amazon and apple on deck next week. Its a big test for the it can titans, these next few days. Susan li breaks down what hurdles and strategies we could see from some of americas most Influential Companies starting with some new data on how apples fearing, right, susan . Yeah. So we are looking at the biggest week for earnings this quarter, almost 40 of the s p 500. Wall street already looking past these peak tech val valuations, incleesing their short interests and their short positions by a trillion dollars so far this month. And, yes, that includes apple. And we already know that a apple iphone sales have struggled in the First Quarter rt in china, down 19 according to counterpoint research, worst start there to the the year in four years, and that means lost market share in apples third biggest market. Theyre ceding sales to android phones. Lower cost competitors and more local brands like huawei. And thats a reason why apple shares are down by more than 15 so far this year, close to its lowest levels in 12 months. Apple, along with the rest of the mag if 7, lost almost a trillion dollars in value last week on higher yields. You still have sticky inflation. Teslas probably had the worst year with so far, down by 40 or so. And, of course, tonight most tesla are analysts have already warned to pave the road for a pretty ugly First Quarter. Could be the worst in seven years, especially if you go by the amount of money that tesla makes per car sold. These gross margins, as we call them, and thats a key metric for wall street. Automotive margins will tell us how much elon musk is selling, how much hes making on his cars after price cuts, layoffs and outside of those green credits. Just ahead of earnings, tesla announced today they are cutting 2700 jobs at their gigafactory in texas and just a few minutes ago announcing almost 3,000 job cuts across california. And and thats part of the 14,000 layoffs that they preannounced that theyre going to cut around the world. Now, elon musk usually gets on these earnings calls. Tonight hell probably and likely need to talk up the new selfdriving push in robotaxis and thats the cost the cheaper car mold, the model 2, which was supposed to cost around 25,000, but hell also get a chance tonight to prove again why hes worth that 56 billion pay package, richest in corporate history, that he wants voted back in. Tesla reports tonight, meta tomorrow. Microsoft, alphabet on thursday. Ill be speaking to alphabets president on those earnings on thursday. Now, meta, microsoft, alphabet will be more of an a. I. Story to show if theyre actually starting to make money from this new technology and not just all hype. Kelly yeah. Were going to see, susan, if teslas able to retain its status as a mag 7 or if were going to go down to a mag 6 later today. Thank you, super, appreciate it. Okay. And you can see some profiles of some of techs richest people all this week on fox nation. Who is jeff bezos debuts today, who is Mark Zuckerberg tomorrow, and who is elon musk is streaming now. That can be found only on fox nation. Okay. Well, a massive jump today in new home sales showing cracks in the Housing Market tundra. The superstar real estate duo jen and dolly lenz are here to tell us if they see the highrate ice jam about to break in that frozenover Housing Market. Ticker iyr up nearly 12 over 6 months. The claman countdown coming right back. After last months massive solar flare added a 25th hour to the day, businesses are wondering what should we do with it . Im thinking company wide power nap. [ employees snoring ] anything can change the world of work. From hr to payroll, adp designs for the next anything. Students. Students of any age, from anywhere. Using our technology to power different ways of learning. So when minds grow, opportunities follow. Only at vanguard, youre more than just an investor, youre an owner. Our Financial Planning tools and advice can help you prepare for todays longer retirement. Hi mom. Thats the value of ownership. I suffer with Psoriatic Arthritis and psoriasis. I was on a journey for a really long time to find some relief. Cosentyx works for me. Cosentyx helps real people get real relief from the symptoms of Psoriatic Arthritis or psoriasis. Serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. Tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. I move so much better because of cosentyx. Ask your rheumatologist about cosentyx. I suffer with Psoriatic Arthritis and psoriasis. I was on a journey for a really long time to find some relief. Cosentyx works for me. Cosentyx helps real people get real relief from the symptoms of Psoriatic Arthritis or psoriasis. Serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. Tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. I move so much better because of cosentyx. Ask your rheumatologist about cosentyx. I suffer with Psoriatic Arthritis and psoriasis. I was on a journey for a really long time to find some relief. Cosentyx works for me. Cosentyx helps real people get real relief from the symptoms of Psoriatic Arthritis or psoriasis. Serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. Tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. I move so much better because of cosentyx. Ask your rheumatologist about cosentyx. Kelly well, new home sales data shows things may be picking up just in time for the spring Housing Market. 693,000 new homes were sold in the u. S. In march as a compared to 670,000 expected. That is the up 8. 8 from february. That is the highest level that a weve seen since september, but with Mortgage Rates still elevated, will spring still be a hot time to buy and sell . Well, thankfully, joining me now with what theyre seeing on the ground is Dolly Lenz Real Estate managementing director and ceo jenny and dolly lenz. Ladies, so good to have you with us today. Dolly, i want to get your take on what we might see in april, right . Were already 23 days into the month, and im to curious with new home sales, are you expecting them to rise again . If and if so, what do you think that means for the supply and demand that were going to see on that Spring Market . We are expecting new home sales to rise again. It is the sweet spot in the market, obviously. You know, they have a lot of room to play, right . A builder i has a lot of tools in his belt, so to speak, is theyre using their tools, and theyre e selling. Theyre not waiting for anything else to happen. They want to get things sold. Right. They have scale, they have Pricing Power unlike the regular, average joe seller they can offer a lot of concessions and, you know, we really see that market doing well for Home Building. On the ore side of the coin, you have the firsttime home buyer whos really, really struggling, and were quite concerned because Mortgage Rates are at an alltime high, about 7. 3 for the 30year fixed. You have high insurance costs in places plagued with natural disasters especially like florida and california, and you just have an overall high e median home price, so you know, and add to that high gas prices and high everything else, its the really not good for the nonasset rich, right . The nonmattress money group, right, as your prior guest said. And, because the mattress money group has money, so their money makes money, right in they buy some, they take it off the market here, they put it there. But the people who are struggling are the ones who are paying the high Interest Rates dont have assets to offset it. And they must borrow and, obviously, borrowing is very expensive. Kelly yeah, as a firsttime and theyre quite concerned. Kelly as a firsttime home buyer in the next couple of years myself, i have to ask you, we are seeing Mortgage Rates above 7 . You know, there was a prediction that a maybe well be at 6. 4 by tend of the year. Not the end of the year. Not really expecting that anymore with the fed flipflopping and saying that were not going to cut rates as soon as we expected. So whats your advice for folks that are in that spot . Do you date the rate, marry e the house, or do you think you should wait a little bit and see where rates go . Well, unfortunately, we dont think you should wait because freddie mac is even predicting a. 5 increase in home prices through 2025. So if you can buy and youre a little bit settled meaning you have a job, obviously, and you know where you going to live, we do recommend to buy because we dont see home prices coming down anytime if soon. And like