Has joined Founders Fund and where he will invest in the world of Venture Capital. And superconductivity is having a moment and we will explain where a potential breakthrough in technology has been driving both excitement and controversy. Lets get a quick look at the markets. We are treading water with the technology quarters. The nasdaq is flat and earnings are a big part of the story but we see a cell often treasuries. The yield on the u. S. 10 year treasury is the highest in nine months but there is a concern about the cost of bother of borrowing. The Philadelphia Semiconductor index is softer by 0. 3 and a big part of that is all come which is down by 10 . We will get to that shortly. The two big ones we are braced for, apple and amazon report after the bell. We will look ahead and think about what the macro environment for those two names both from the consumer perspective and the cloud narrative. Lastly, microsoft showed slowing growth in cloud which is their biggest direct compe
Part of a key index. You see ftse is up there, attracting index of half a percent. Well have details. It sounds like baseball but i will have an impact on the market. Plus, new details on drama between two of the highest paid ceos. That would be viacom and cbs. Howard schultz says starbucks could be joining the rain, of cooled beer. Well hear from him. We ask Howard Schultz about that. We start with the big day in china. How they could get a nice pop after the close of trading today. Welcome back, bob pisani, hi. I wanted to stay in hawaii, but i came back because of you two. I want you to know that. Thats why i came back. Look. We may not get a pop in prices. Its the biggest indexer. Right now theyre behind the indices. So msci is in the process of putting all of the u. S. Listed chinese stocks in their indices. This is a big deal because china is becoming a part of the worlds economy. The second half is happening tomorrow. So tonight were going to see a lot of volume in these stocks
Leading the rally today, tech, discretionary, industrials. Meanwhile safe havens are biggest laggards in the market. Dom chu looking at the stocks that got us back to alltime highs. Dom. Its an impressive run, but remember were just where we were a year ago. First of all know the s p 500 since that time up about 5 the last time we saw that record high may 20th intraday 2015. Since then the utility sector, defensive ones like you talked about gaining the most in the s p. Meanwhile energy up the least in that amount of time as well. Something to watch out for as we move from record levels to new ones today. Look at points stocks individually done really well. First of all ulta salon, up 67 just since the last time we hit a record high, beauty products, personal Care Products a big part of that story. Another one, second best performing stock since then, one that we all know about, its amazon. Com. Those shares up by about 78 since the last time we saw record highs. So amazon continues th
I dont know how i got on that tangent, tangent, but it needed to be said. As much as anybody else. See. In our own area we have aman who feeds the state department and is just one of them who is endorsed [inaudible] and who is voted for by all our friends and neighbors. Nobody says anything. We all say its barack husain obama. No its Chris Van Hollen too and the people who vote for him. Its our friends and. [inaudible] the people that vote straight obama van hollen, and you cannot talk to them. And the reason they get away with that is because we still treat em like friends and neighbors. We think thats a legitimate point of view. That is not a legitimate point of view [inaudible] andik we dont [inaudible] did you have a question . Any more questions . Yeah, i have a question. Number three at in the records about attacking computers are attacking the Us State Department i know that isis but can you speak to wear those come from . Great questions but with isis the cyberjihad these are g
Ll clinton moderates a Clinton Foundation summit on health care. Next changes to the financial industry due to technology, regulation and fraud and how that affects consumers. David nems addressed the executive club of chicago and sat down for a conversation with austin goolsby. This is just over 45. Minutes. Thank you, im really delighted to be here with you guys. Were going to discuss or were going to hear from david about the dij tieization of finance changing economic trends, how these are going to Impact Financial Services as well as partners, customers et cetera. Im honored to introduce david, all of you know him already, but let me just give you the background you already know. As you know, he is the chairman and ceo of discover Financial Services, which means hes responsible for the companys credit card, Student Loans, personal loans home equity loans, mortgages, cds, and Checking Account services. In addition, he oversees the discover network, the comprehensive payment network