Bartiromo wall street. Maria happy weekend to all, welcome to the program that analyzes the week that was in positions you for the week ahead, i am Maria Bartiromo President Biden underwater on key issues ahead of novembers president ial election fox news poll shows voters overwhelmingly disapproved of bidens handling of the academy, inflation, border security, the israel hamas war. If biden wins again our country is in trouble. I grew up democratic but today i passed by republican so i would probably side with trump. I wish the economy was better and trump could come back. I think everything is expensive. Its hard to afford everyday living at work in a school and what i make isnt enough to pay my bills. I was it ever got all my life but the wife and i have decided amongst all the confusion go dependent. Even the progressive ring enter Mainstream Media admits bidens campaign is in trouble, listen to this. Wrinkly for the Joe Biden Campaign this is an absolute disaster. The smallest lea
Is anyone actually listening in asian . In beijing . Ramy a very good morning to you. It is great to be with you on this morning in asia, sunday evening in the United States, take a look at what happened on the markets on friday. In the United States, like a roller coaster after Michael Flynn said he was going to plead guilty after lying to officials. We saw the markets up and down. Hot on the bloomberg terminal, btv 4046. The s p 500, we saw it when the news broke, that fell, but not only that, we saw the highest taxed companies in white, were rising inexorably in anticipation of the tax reform plan. Those fell, as well. David, we know what happened saturday morning here, it did we are looking, ahead to markets opening in the United States as well as where you are, to see what reaction there is. David absolutely. When you look across what is , apening over the fx markets lot of what is going to happen comes down to the dollar, when you look at the majors, decent pickup across a lot of
Landing at 50. 79. Visa reporting a better than expected increase in earnings. Higher payments and the acquisition of visa europe helping results. Trading was choppy after the bell. Visas full year Growth Outlook was light of estimates. Stock lower by a quarter of a percent. Twitter planning job cuts that could be announced this week. The social network could terminate about 300 people. Thats the same percentage it cut last year when cofounder jack dorsey took over as choef. The news comes amidquestions about whats next for twitter. Bill miller was on Halftime Report yesterday. What twitters needs is an activist. I think an activist could make a difference there with respect to being on the board. That kind of thing. You have done a lot in your career. Maybe its time for that. No, not me. Twitter announcing it will change the release time of results to before the market opens on thursday. Originally it was scheduled to report after the bell on thursday. It wants to avoid conflicting wi
It is and thats because it has his back up against the wall. A tremendous amount of scrutiny not just from its Investor Base that mens wearhouse has taken this aga to the delaware courts where it had it has accused joseph a bank of measures that are inappropriate and defending itself against hostile bids by mens wearhouse. Accusingrhouse is joseph a Bank Management team and board of putting up high barriers to a deal such as a poisoned pill, such as creating a deal with eddie power to make it too big for mens warehouse to take over. All of those things mens wearhouse says is evidence that bqank is breaching its fiduciary it is by not coming to the table. Joseph a bank is forced to come to the table at this point and reconsider talks. How much more could joseph a one stock we are watching bank really debt out of mens today is google. Wearhouse . The company has rolled out my sources say that joseph a google fiber. This is the highspeed Digital Service network in solo select u. S. Cities
Certain big funds were selling some tech stocks to raise cash to buy twitter. Tonight and tomorrow so the nasdaq was down 8 points and s p 500 up 7. 5 points. Very close to its alltime high as well. Meanwhile, the dow crossing a fresh alltime high and s p ending near a record of its own. Bob pisani anybody expecting this strong of a day today . What was behind it . You know this is a very weird day, because youre right. The dow is at an all taif im high and look around and say, gee, everything must be doing great anticipate thats not the case. We had some very odd dislocations. Put up the full screen. The bledsoereadth was poor, flat at the nyse. May have been negative towards the end. Big cap texts, oil, Consumer Staples moving but all the big momentum name, bio tech got hit badly. Why i find it a strange day. Put up the major indices, look at this dow up 124 point, nasdaq down, the transports are down, 0. 7 . Thats a little strange. Normally you dont see that. If in terms of what was