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they re about to make a big bet on all day breakfast. will this be the move that finally turns things around for the fast food giant? or is it just too little too late? we have both sides of yet another heated debate on mcdonald s. everybody, you either love it or hate it right now. nobody is lukewarm on mcdonald s these days. a lot of people like breakfast for dinner. we will see. that big selloff in commodities. keeping an eye on that for you. gold seeing the longest losing streak since back in 1996. we ll discuss whether the strong dollar and the commodity drop could actually delay a fed rate hike. oil just closing below $50 a barrel. we ll start, though first with the tech sector. getting hit the hardest today after apple and others reported disappointing quarterly results yesterday. apple and microsoft are the bottom performers on the dow. yeah we had those two plus go pro and yahoo. they re all down today. and go pro now has turned positive. it got slammed har ....
territory. the spotlight is obviously on greece. the march toward defult continues as they plan an emergency meeting for monday and long time twitter investor not so happy with the changes at the top. calling the ceo transition sloppy and confusing. but first up a tale of two markets. in the u.s. the nasdaq is aiming for a record high and the shanghai deposit sliding into correction territory. the worst week almost back to leemen october of 08. there was a tremendous number of people who signed up to have accounts. they were signing up millions on people self-directed accounts during the first months of the year who weren t very savvy, just throwing money at the market. they had some margin there and that surprised people. the main thing is that there s i think an undercurrent in china. we saw it from hershey. there s a big change in the economy. they re trying to crack down on bribery. it s almost like gift giving of chocolate is down. this economy is influx over th ....
solarcity is a shameful example of the corporate gofr nance at its worst. this is a company headed towards financial distress and burning hundreds of millions of stress every quarter, and now a burden that the tesla shareholders will have to e bear. if you don t believe me, can consider this, the combined market drop in the value of both companies is more than the equity value of the deal itself which means that tesla shareholders believe that the t solarcity shares were worthless. finally, it is hard for me to believe that this deal was not being contemplated when tesla and mr. musk, himself, sold shares just a few weeks ago. well, i have to give chanos credit, because a lot of us like to go with musk when he comes out to cheerlead the stock the, and has the distortion work, and you can see a noticeable bump, but this is a no-brainer, and nobody with a brain cell would want to put these two together. i don t know what the potential is putting these two together excep ....
stronger, the market couldn t care less about the results. that s what happened when the dollar rallied yet again and the dollar started off strong. then gave up most of the gains. it reversed hard in the afternoon. down to just 9 points. nasdaq declining .18%. sell, sell, sell. i know that these two trends shouldn t be so powerful. oil, dollar, oil, dollar. this morning about an hour and a half after i woke up. i read a tweet asking people what they think is the main driver of the market. they do a terrific poll each morning. it is part of the worldwide exchange and i love it. i plug in these. sarah read them on air and her co-anchor took issue with my focus and said the fed had to be in the mix right up top. i came back and tweeted. i am not dismissing the fed. just no fed index available each hour to trade-off of. tomorrow we get the labor department s nonfarm pay roll number and that s the one the fed takes its cue from. this is so important that i think it can tran ....
here at the new york stock exchange. we will discuss whether the oip # ipo market has gone flat. netflix getting crushed after disappointing earnings last night. the shares are down nearly 8% on the session today. someone who says the valuation still ridiculously high and he will tell us why coming snup lots of volatility on that one lately. a sports equipment company investing in new technology that it says could change the landscape for concussion injuries that we have all been focusing on so much recently. we have the ceo of this company, performance sports group, to explain the technology and the potential in the business world coming up. then after the bell, barney frank and larry kudlow together and both here at the new york stock exchange to discuss whether democrats are becoming too much of an let s start with first data s first day of trade. bob pisani standing by. the payment processors post right behind us, not doing is well today, bob. the good new ....