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Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a buy yeah. In store traffic or in store comps, jim, up 11, which is different than what we saw out of others. I mean, i guess when you dont have as fierce a web challenge in Home Improvement and you have the stay at Home Re ....
Cuts so futures are pointing to further declines despite the jobs growth today, smashing expectations for february. The economy added 273,000 jobs during the month, versus the expected 175 Unemployment Rate 3. 5. Wall street looking to close out a turbulent week, the tenyear did tumble below 70 basis points for the first time ever, as investors look for safety amid fears. Revisions on the jobs number not bad but people are calling it the least important jobs number in a long time i dont want to go there. Im going to say the opposite. When you come in with a head of steam, at least you got some possibilities that were not going to go immediately into the recession because there were you dont hire and then lay them off the next day the 53,000 jobs in Food Services and drinking places, thats an extraordinary number are we going to fire all those people interesting. Not right a ....
I do it to help you be a better do it yourself investor or client and i do it with a team regina who has been with me since inception and with the help of dozens of fabulous people responsible for the look and feel of the show to the research we have a team that helps me with memos that back up the research and we have a head writer who is really the only writer and been the only writer since inception when he was a freshman in high school, thats cliff mason my sister nan and her husband today todds son, my nephew. The show is a labor of love. Weve been doing it so long we take it for granted what we do and tonight ill change it, correct it tonight i want to talk to you about the show, the evolution and how you can best use it or worse, misuse it and im doing so because there is so much we throw at you that you might not be able to use it as affectivel as we like i know this because i talk to enough people and interact with email and callers and twitter that i have a pretty good idea w ....
And s p plummeting 1. 22 and nasdaq nosediving 1. 20 . I know they are bad but it was worse at one point, everybody in wall street is searching for Companies Strong enough to tran send the day to day havoc and there is a lot of havoc to tran send we opened on fears the Chinese Government might need to crackdown and send in the army, the poa, the coolest situation down then buyers stepped in to take advantage of the pull back after all, so far china hasnt done anything serious and nothing but a negative note by Goldman Sachs about a possible slowdown and the economy then those buyers who came in got blasted. Next thing you know, bonds are taking off again and Interest Rates are falling hard and we get hit with an all too familiar freakout everyone is worried the ....
Record sales for the most valuable company. And boeings billions, it is taking a 5 billion hit in the Second Quarter due to the worldwide grounding of what was its bestselling plane ever. And rate cut optimism. Stocks on track to open higher but on pace for worst week since may. Microsoft on track to open at a record high, market cap above a trillion dollars Quarterly Results beat expectations on cloud strength here is nadella on last nights Conference Call. Our commercial Cloud Business is the largest in the world, surpassing 38 billion in revenue for the year with growth margin expanding to 63 . Im proud of what we have accomplished over the last 12 months, and im energized by the tremendous opportunity ahead every day we work alongside our customers to help t ....