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dow climb 2g 28 points s&p advancing 2.2% it s time to revisit fang, my acronym for facebook, amazon, apple, netflix, alphabet, aka google i ll throw in the other big tech theme under fire, microsoft. let s start with apple in the tour de force of the new iphone and the watch to me it looks incredible. battery life s longer. one hour to four hours depending on your new model. cheaper prices you also get apple plus, their new streaming service for free with purchase. $4.99 per month value. i ve looked at some of what they re developing for the video platform even though i think it is universally poo-pooed, over time i think you ll see it s essential watching it s half the price of netflix i like the entertainment the new watches 0e78 only cost $199 i think that s the price point to get worldwide adoption for this thing which will only layer on still more service revenue. i have fantasy football on this thing. every time one of my guys scores,explosive when a version of t ....
about 28 points. overnight in asia as i mentioned, stocks plunged. shanghai composite fell 2.5% we ll talk about why that s happening in a moment. european equities at this hour are also under a bit of stress across the board you re looking at red arrows finally let s take a quick look at treasury yields at this hour. the 10-year note is looking at 2.386. joe, explain what is going on in china, sir i m looking at, i don t know how old this is. but i get some good stuff off this controversial website we don t need to talk about it but trade optimism fizzling as china says no plans for the talks. what s this website zero hedge. some good stuff comes on there occasionally. you re back stay over there. you stay over there you trying to give me a high five you know what i do when you try to give me a high five from high school. can you do that when we ring in the bell at new york stock exchange i don t know it s instinctive china has yet to say how it may r ....
a global, legal battle that has dragged on for years is over. and apple and qualcomm have settled their differences. netflix gives an underwhelming forecast in its earnings results. but they back the ceo said they are confident that rival earnings will not slow momentum. but first to our lead, pinterest is joining a slew of unicorns. unlike some big names making the debut, pinterest is burning less cash. the company is taking a slow and steady approach to growth compared to peers. i spoke to the ceo of pinterest after the company listed shares on the new york stock exchange. we really talks to investors about how regular people use the product. people use it to get his ration for a range of things. from the food they come to the clothes they wear. it is really more about personal inspiration, less about friends, is not about celebrities. we want to make sure everyone understands that. emily: you launched pinterest nine years ago and many companies have gone public wit ....
think. yes idealogically people ask. i say there s nothing there s no ax about it people think it s tv it s not that s true i thought, wow, you yeah, that s take a look at what s going on in the markets overnight in asia right now. we have some tape carlos ghosn says he is innocent, and this is a new video message released by his lawyers overnight. it comes from last week because he was set to give a press conference on thursday, but then he was re-arrested, remember, by japanese prosecutors his attorney says the new video message was recorded a day before his arrest last week. it is nearly an eight-minute video, and ghosn accuses nissan executives of a plot to take him down because they were afraid of a merger with the automaker s partner renault. this is a conspiracy. this is not about specific events this is not about greed. this is not about dictatorship this is about a plot this is about conspiracy this is about back stabbing. that s what we re ....
forth, likely never ending. one of the things we ll get into, christian, this notion suddenly getting all the documents, including those redacted, less than 10% of this, i guess it matters. with jerry nadler back during the clinton impeachment investigation it didn t matter it was crucial not everything get out at all. that was then. i understand politics this is it now. what do you make of this back and forth? i m to the surprised by representative nadler because his district contains some of the areas with the greatest degree of the trump derangement syndrome epidemic in the entire country. his constituents will not be happy until president trump is no longer president. he is doing what his constituents want. consistency has never been his strong suit. so i m not surprised by this. neil: the report is out. i had a chance to read it myself. i wonder what you make of it? i tend to think foes to don t flip over the president there is something in it for them. for those ....