kate upton has gotten involved. ashton kucher got involved. but kate upton got involved. let s bring up pictures of ashton kutcher for andrew. kate upton got involved. you didn t see the paper yet? i didn t see the physical version. uber. is that what they? come on. buber boom. they got in trouble. did you see the nerve that twitter had a party and they had plastic cups with like i don t know animal house type of thing. i guess. nobody has any fun. i understand. welcome back. she had a family reunion. there were some complaints. congestion. it was your family. no we had a great time. serve there. most of them are still there. it wasn t an actual revival. no. they had a good time. we had a lot more to talk about today but we had 30 people there in two houses. that sowns fun. especially for kids. it was. movie watching at night. out on the beach all day. did anyone say hold this beer while i do this? no. no. you know that one ri
big premarket moves on mixed results from cat, gm and mcdonald s. global volatility, a common theme. apple cut its spending forecast by about $1 billion. we ll explain why. qualcomm looking for $1 billion in cost cuts by trimming workforce by 15%. first up caterpillar shares taking a hit on a quarterly miss hurt in part by weakness in mining and construction in brazil and china. cats lowering their full guidance. doug oberhelman did talk about it. at some point, the economy will stabilize and business will pick up. it was too whose in 2012 and too slow right now. somewhere in between is where we will be. until that happens we have caught in this period where we have to hunker down and do everything internally day to day. sales down in every region including north america. oil and gas not helping. they lowered the revenue forecast for the year. they keep the adjusted eps forecast. he is a very nice man. that s the key. he is a very nice man. you believe this
on what crossing this milestone might finally mean. we sat here a few weeks ago. right. we got within a third of a point. i ll tell you the difference is the way you cross it. i mean, when we got there last time, i think a lot of people felt, wow, all these stocks are so stretched. it s really the banks that are doing it and that s not sustainable because banks have gotten way ahead. you look at the charts. and most of the of the good numbers that were in are more animal spirit driven. this is the biggest week of earnings, big week of earnings last week and we re putting together a proctor, an american express, we look at ibm, 3m, which i know some didn t think was that great. it was fine. we look at united technologies and boeing and say, geez, these are companies doing pretty well. so maybe it s not all smoke and mirrors. maybe it s not all animal spirits. maybe it s not all trump inauguration. there was also a tremendous short base put in because people felt like no
hitting multi-year highs this morning. roadmap begins with billionaire hedge fund manager david tepper not pulling any punches. what he s betting on, plus his take on trump, apple, snap and a lot more. a blowout jobs number from adp shows that businesses are booming. we re going to dig in on the report. and an op-ed this morning claiming the president is suffering from trade deficit disorder. the street is weighing in. we ll get the debate on trump s trade plan. some upbeat news ahead of friday s big jobs number. data out of adp shows private sector added 298,000 jobs in february. that is the most since december of 2015. and then on squawk appaloosa s david tepper offered his take on the markets. china, europe, japan, and us, are growing. the day that we had three republican houses, that was the day the president of two houses, that was a day there wasn t going to be another regulation put on the economy. and that alone just releases animal spirits. nothing else happe
big in content with the launch of a prime-like service. and pepsico s new pledge to slash calories in its beverage. sarah eisen s exclusive interview with the chairman and ceo indra nooyi. bryan moynihan says revenue growth, risk management, cost down three, trading revenue up 18, fic trading up 39. numbers not quite as good as jpm s but better than citi in some cases. yeah, book value of $17.14, impressed by expense control here. really excited about the wealth management growth. there s a lot here to like. and it s not like the old days where talking about the justice department has decided to crack down on this or that. and by the way, oil and gas literally seven months ago we were worried about losses. no, big drop in worries about the non-performers in oil. so this is a clean quarter. the problem of course is that this market is you need a rate hike, but if we had a rate hike then the whole market goes down. and we got stan fisher speaking at 12:00. you know, sta