Tempering expectations about the longawaited battery day. We will bring you the very latest. Any battery production will be difficult to scale. Drive tesla shares up over the last few months. Joining me now to break down the data is Abigail Doolittle in new york. Tesla was one of the ones you have been watching. Talk to us about the market rebound with tech overall. Had it earlier on, we higher, lower carmarthen higher, lower, fluctuating on high swings. What we saw at the end of yesterday, apple closed by 3 , it continued into today. The big tech names showed up once again after the selloff we saw this month. A lot of this seems to become a call selling seems to be technical selling. Correct by easily 20 , but it would be completely healthy. The chart supported that view. Correctiony had a on whether the pressure is to be seen. Lots of impressive stuff going on. That led the nasdaq 100 to the glenn 1. 9 on the day. It was not just apple. Declined 1. 9 on the day. It was not just apple
Apple inching closer to a 2 trillion market cap. Bloomberg breaking news the news that apple is working on a subscription bundle to drive more revenue and kicking the ga paymentte over its policies. Abigail come you have been looking at materials. Abigail they had a very Strong Quarter and had a better outlook than expected and initially afterhours the stock was reacting well. The stock is up about 82 . , all over theer map. Must have a look at it it was what. They beat and put up a better outlook than expected. This is a company that makes the equipment to make the chips. This has implications in terms of the strong chip demand, which would suggest that the demand for the companys that use chips. This could be bullish overall, and relative to a different take on the day, yesterday, as you ciscogo reported reported come to supporting, weighing on the s p 500 and the nasdaq. The reason i am highlighting cisco, down 11 on the day, the worst day since 2011, and they had a disappointing ou
They deny any bias at facebook, but you wont see much trump on facebook, will you . Bernie sanders pulls a crowd of 15,000 in california. Two state primaries today, West Virginia and nebraska, bernie looking strong, in fact hes likely to win the next five states. Stocks still strong. Dozens of new hires for Big Name Companies and do watch amazon go today. One firm says its going to 1,000 a share. You know, nothing concentrates the mind like money and the election. Varney company, your number one choice for coverage of the Financial Markets in america. Yes, we are. And were about to begin. A terror attack in germany and this will roil european politics. A stabbing at a train station in munich this morning. Liz, the attacker was shouting alu akbar. The attack happening 20 miles east of munich. We dont know if this person was a migrant or a german national. We do not know his kill dural background, well give you more as this continues. Stuart were going higher when that stock market opens
Welcome to inside story. Im ray suarez. Xi jinping, the general secretary of the communist party of china is 62 years old. He has been a party function airy of run kind or the other through much of his life. And he has seen his country come from famine to underperformer, to a country that has a lot to say about the security for the whole world. So his countrys lil and economic interests. Allen schauffler reports. Through our country, every day, flows 1 and a half billion dollars in goods and services, and that depends on our trade with china, and it has grown astronomically. Xi is having dinner with bill gates, and tech firms are looking for assurances that they can do business fairly with contain. Interference. Obviously, Cyber Security, and playing fields for america and china, and discrimination of foreign firms, as well as the lack of a rule of law. And inadequate protections of our intellectual property and trade secrets. Xi is the fourth consecutive chinese leader to visit the u.
Welcome to inside story. Im ray suarez. Xi jinping, the general secretary of the communist party of china is 62 years old. He has been a party function airy of run kind or the other through much of his life. And he has seen his country come from famine to underperformer, to a country that has a lot to say about the security for the whole world. So his countrys lil and economic interests. Allen schauffler reports. Through our country, every day, flows 1 and a half billion dollars in goods and services, and that depends on our trade with china, and it has grown astronomically. Xi is having dinner with bill gates, and tech firms are looking for assurances that they can do business fairly with contain. Without government interference. Obviously, Cyber Security, and playing fields for america and china, and discrimination of foreign firms, as well as the lack of a rule of law. And inadequate protections of our intellectual property and trade secrets. Xi is the fourth consecutive chinese lea