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More than expectations. now international actually outpaces the number of domestic. one stock that was not doing so well is tesla. and that s because the ceo elan musk took the unusual step for a ceo of trying to talk down the share price. he made comments over the weekend saying that the stock has a lot of optimism embedded and didn t actually deserve to be so high. unsurprisingly, shares slid by around 2.5% yesterday, and this follows a really rough few weeks for the stock. it s fallen off by one-fifth since june. a little more here for you. let s talk about some news of u.s. allies. they ve been buying drones at a lower cost from china. how does that affect the markets globally and what can you tell us about this? well, this is an interesting one. yes, the u.s. really tried in recent years to curb international sales of the military drones. remembering, of course, this is very sophisticated advanced weaponry. ....
for some people they re saying when are we going to see this change? when are we going to get what we voted for? our thanks to halle jackson for that report. let s turn to the market where netflix s stock is heading for a record high after crushing wall street ae q2 earnings expectations. they added 5.2 million subscribers in the second quarter. one stock not doing so well? tesla following remarks made by ceo elan musk saying the company was overvalued. cnbc s gemma atkins joins us live with more. good morning. good morning, lewis. yes, on netflix they smashed estimates, didn t they, on subscriber numbers. they also delivered a healthy beat when it came to revenue. they actually reported a slight miss on earnings, but did this bother investors? not remotely. they sent the stock soaring around 10% in after hours trade. even higher to actually beat the all-time are a intraday high. what investors really liked here was the fact that international subscribers grew so. ....
He s not listening to his own secretary of state, who was the head for decades of one of the biggest oil companies in the world. and when rex tillerson was confirmed in january, he sat there in front of those senators and said about 20 years ago as a scientist and engineer he realized that climate change was real and it was a business issue that needed to be confronted. so there is a president here, who on the campaign trail at least, didn t seem to respect the science of climate change. his secretary of state, his top diplomat does. ivanka has pushed him to stay in. his energy secretary has said to stay in. but what he does at 3:00 i think will be very telling about who has the president s ear in the white house right now. he is seen as the pro-business president. yet many business leaders he respects, including elan musk, they don t see eye to eye with the president on this. it will be the you know, the ....
Promoting policies of racism that we call them out. why would we be silent about that? don t say i m hanging on. i am doing my job as a member of congress, as an american, as a member of the black caucus. we as a country have never overcome obstacles in our history unless someone speaks up and someone makes sure we put this issue in front of us. he is our president, he selected bannon. let me ask it a different way. i m a business and economics guy, when the presint had that economic advisory council, the ceo of uber said i m not going, elan musk said spacex said i m invited to the table, i have to take that position. but you are invited to the table and you may be choosing not to go. that decision hasn t been made. i made a decision to go to the inauguration. why did you do that? because it was a time in our ....
Tesla and spacex headed by elan musk on the president s business advisory council. it was clear from his visit to macdill air force base yesterday, the personnel there was clearly with him. listen. we need strong programs so that people that love us and want to love our country and will end up loving our country are allowed in. not people that want to destroy us and destroy our country. [cheering and applause] a lot of appreciation for the president in tampa. one other point to make is judge james robart issuing his retaining order, nobody from the country had been arrested since nine 11 for plotting terrorism. a decision not likely until ....