It was the big gainer. It closed at an alltime high. Tech has been leading the way. Sales force, facebook, taketwo and qualcomm at record highs you have to watch one stock in particular apple. After more than 10 gain on friday and thursday night, it closed up 2. 5 to an alltime high percentages away from hitting the 2 trillion market cap that 4 to 1 stock split is hit that price has to sit 477 not far off. Weve been talking about the pressure that has been put on yields in the treasury market. Right now, the 10year note at 0. 45 . Scott . Becky, im listening to you talk about tech and these companies. We have to get ready to talk nasdaq 11,000. As crazy as that would sound, we are on the doorstep. In spitting distance, basically. Unbelievable. Largy carri largely carried by these big five apple, amazon, facebook and alpha bes alphabet and microsoft looking back in march, would you have thought we would be talking nasdaq 11,000 by summer . No way. There is reason for it if you look at s
6 00 here are the results just reporting. 2. 53 a share. A penny above estimates. Just short of 27. 52 billion here are the keys for Guidance Company now expects sales to grow by 1. 8 the previous guidance was 2. 3 1. 8 versus 2. 3 comps are 3. 5 previous guidance was around 4 . Lets bring in senior analyst. So the Forward Guidance is below where it was previous . Yes quickly looking at these numbers, there was a sales miss in the quarter also lowering guidance for the rest of the fiscal year. Sales guidance Sales Guidance. Im not sure whether that is a total company or domestic. The street was around five that is a point and a half the street is a full point above where the company had guided the company had guided four. For the quarter ill look at the quarter first the street was around five for the year, the company had previously guided for four they missed roughly a point, point and a half in q 3. They are taking guidance down about 50 basis points. The real message here. It is a
Day of november on the backs of home depot and kohls, both tumbling after cutting outlooks and comps forecast. The record rally for stocks, it rolls on. Futures as you saw pointing to renewed all time highs at the open and vaping crackdown. California suing juul for marketing to teens new york set to make a socalled major announcement of their own later today. Well start with retail, though, home depot shares down on the premarket, earnings did beat but sales missed and company cuts the full year outlook saying integration is not delivering as quickly as they thought. Kohls tumbling on weaker guidance i was curious to hear you say a moment ago that lowes is getting to be the better buy because well see that print tomorrow. Yes i have to tell you, i think Marvin Ellison energized the place. One thing that happened was that lowes fell behind home depot technologically. They didnt have the systems that is no longer the case as Marvin Ellison rolls out technology at every single lowes, and
Cornell. This is the first time well talk to him since last weekends events where so many cash registers were shut down and Stores Across the country. Also well talk about what the consumer is doing now because last august when we talked to brian he said he had never seen a better retail environment. Also as you can see, former secretary of state, condoleezza rigs will be joining us and g e given the incidents last week in the straits of hormuz with the tanker attacks, well talk to her about what this means. Joe, i know youve been watching the markets closely. I am watching that sun come up beautiful. Youre on the 18th thats the green behind you. Condi will tee it up, i have no doubt. She is pretty good shes a fantastic golfer. But, yes a lot happening here its nice to be on a golf course where the sun is coming up as we start the show youre a midwest type you know i am. You travel the midwest. You see the country. You see what other people not only that, my best friend from when i was
i said, have you ever contemplated committing the perfect murder? and he said, yes. the key element to that is making sure that someone is caught. once i have somebody, they will stop looking and that s how you can get away. a cold blooded killing, a victim worth millions, and all kinds of conflicting clues. i ve never had a case is complicated before. police following multiple leads until we asked, who is that? he says he s my neighbor, he lives two floors below. a suspect under arrest. having someone you love just taken away. sorry.! case closed. where was that? could there be something else or someone else they must? there were so many parts of the puzzle that we re not adding up. someone had pulled the trigger. but had someone else pulls the strings? he was the type of guy that could take bad luck and turn it into a fortune. hello. and welcome to dateline. they were neighbors living large and their salt lake city aloft building. a sophist