Well take a look at all of those and more, and sell in may, go away. You know the saying. How is that old saying holding up . Were going to focus on value over growth. First, sue . Got your beats, sue . I do. I like that. For more than 3 billion, but what is beats, and what is behind . Why does apple want to make this acquisition in this space and with this company . Morgan brennan is live at an apples store for us. So beats electronics was founded in 2008, essentially two businesses under one umbrella. The flashy highend ear phones that actually retail in apple stores already, and actually already enjoy their own display table. The second is a music streaming platform, similar to pandora or spot i fill that Just Launched in january beats pulled in a reported 1. 3 billion last year, but this deal may be mostly about the brand, the brand of the cofounders theres celebrity dr. Dre, namesake of the who could become hiphops richest man, but also the cofounder. As part of this deal, he is r
Back ecb measures like negative rates. Euro has fallen this morning on that news. Our road map with the record highs. Investors retaining their appetite for riskier names. Now what . At t and directv reports of deal talks now active and could be done in the next two weeks. And as we said, davids exclusive with ibms Ginni Rometty, a rare conversation about the companys future. First up, more market history for the bulls. The dow with a record closing high for a second consecutive session posting its first alltime intraday high in a month and the s p achieving a record high close of its own. Internet and biotech names helped the nasdaq jump 1. 8 in yesterdays session. Dow, jim, with a win today, thats five straight. We havent done that all year long. No. This is amazing because this bubble talk has presumed that what would happen is the nasdaq, the internet plays, highly valued momentum plays would bring down the dow. This pool of capital keeps going around. The analysts are making a sta
Remember, iran advanced its march across the middle east during the jcpoa. They have been playing with house money that has become blood money. Wealth created by the west has fueled his campaigns. Strategically, the Obama Administration made a bet that the deal would spur iran to stop its rogue state actions and conform to international norms. That bet was a loser with massive repercussions for all the People Living in the middle east. The idea of the jcpoa as a strategic pillar of stability in the middle east was captured perfectly by john kerry when he said i know the middle east that is on fire will be more manageable with this deal. End of quote. Whether the middle east is more manageable today than when they emotion parked on the jcpoa. Lebanon is a more comfortable home for hezbollah today. They are armed to the teeth by iran and has its sight set on israel. Thanks to iran hezbollah provides the Ground Forces for the military expedition in syria. They have continued to pump thous