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And we are joining you in taking some extra ordinary taps to change how work bu hopefully that the value of it. For the time being, althou interviews will be conducted remotely, and keeping a social does sing guidelines to help. Thank you for being with us. On thursday, gavin newsom ordered all california residents to stay home as much as possible. All counties had already ised acnoe ssential busisuesneass ch the llseons are some of rvbusinee. Ssesed to stay open. In the bay area, santa clara has in the county hardest hit by the coronavirus with at least 196 confirmed cas and eight deaths. Joining me now by skype is, thank u so much r taking a few moments today. Of course. Cedar county has been particularly hard hit, and you were among the first counties to make this extraordinary essentially shelter in place. Can you talk about the thought process leading to atvi outh , decien the Governor Join statewide. Well, we have certainly s ....
Is this another sign that the postpandemic travel boom is running out of gas im melissa lee, this is fast money, were live at the nasdaq ma marketsite we start off with a huge slate of earnings. Apple and amazon headlining the afterhours action. Full Team Coverage on all these names. We start off with steve kovach and apples big quarter. Steve . Yeah, melissa, it is, like you said, the Third Quarter in a row of falling sales, with revenue still beating estimates, but down 1 year on year so, revenues coming in at 81. 8 billion, street was looking for 81 p . 69 billion and the eps was a bigger beat, 1. 26 versus 1. 19 expected. Iphone, slight miss, coming in at 39. 67 billion. Just a couple hundred mill short of expectations there. But the story today is going to be services. Hitting a new record of 8 year on year. Growth accelerating there, booking 21. 21 billion in revenue ther ....
Disappointed tech, which has been the best performing sector of the year remains the epicenter for much of the selling the vix is up, theres so much to discuss i couldnt think of a better day to have you. Welcome back. Nice to see you i know people think of you as this energy guru and oil trader, but what is your broad view on where we are theres so much going on today alone to discuss where do you see the markets right now . Simply at some point when if the ecb pulls back, japan pulls back and all these countries pull back from printing money and the fed has made it obvious what theyre doing, theres going to come a time where the markets just may not go down that much but theyre not going to go up what happens when we enter a period of time when the markets stagnate two to three years where the overall performance is flat . What happens then to all the Pension Funds and municipalities that have all these on ligations that rely on ....